REPORT OF THE DIRECTORS AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2019
FOROPENSTREETMAP FOUNDATION(A COMPANY THE LIABILITY OF WHOSE
MEMBERS IS LIMITED BY GUARANTEE)OPENSTREETMAP FOUNDATION(A COMPANY THE LIABILITY OF WHOSEMEMBERS IS LIMITED BY GUARANTEE)CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2019

PageCompany Information

1

Report of the Directors

2

Income Statement

3Statement of Financial Position

4

Notes to the Financial Statements

5

Report of the Accountants

7

Detailed Income and Expenditure Account8OPENSTREETMAP FOUNDATION(A COMPANY THE LIABILITY OF WHOSE
MEMBERS IS LIMITED BY GUARANTEE)COMPANY INFORMATIONFOR THE YEAR ENDED 31 DECEMBER 2019

DIRECTORS:P Norman
M MaronT Knerr
J Schouppe
R McCann
A P Mustard
G C A Rischard

REGISTERED OFFICE:St John's Innovation Centre
Cowley Road
Cambridge
CB4 0WS

REGISTERED NUMBER:

05912761 (England and Wales)

ACCOUNTANTS:

Chater Allan LLP
Chartered Accountants
Beech House
4a Newmarket Road
Cambridge
Cambridgeshire
CB5 8DTPage 1OPENSTREETMAP FOUNDATION(A COMPANY THE LIABILITY OF WHOSEMEMBERS IS LIMITED BY GUARANTEE)REPORT OF THE DIRECTORSFOR THE YEAR ENDED 31 DECEMBER 2019
The directors present their report with the financial statements of the company for the year ended
31 December 2019.
PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of an initiative to create and provide
free geographic data, such as street maps, to anyone. The OpenStreetMap Foundation is an international
not-for-profit organisation supporting, but not controlling the OpenStreetMap Project. It is dedicated toencouraging growth, development and distribution of free geospatial data and to providing geospatial data foranyone to share.
DIRECTORSThe directors shown below have held office during the whole of the period from 1 January 2019 to the date ofthis report.
P Norman
M MaronT Knerr
J Schouppe
Other changes in directors holding office are as follows:
F Ramm - resigned 14 December 2019
K Chapman - resigned 14 December 2019
H Leson - resigned 14 December 2019
R McCann - appointed 14 December 2019
A P Mustard - appointed 14 December 2019
G C A Rischard - appointed 14 December 2019STATUS
The company is limited by guarantee. The liability of each member is limited to £5.
This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006
relating to small companies.
ON BEHALF OF THE BOARD:.................................................................
Director
Date: .............................................

Page 2

OPENSTREETMAP FOUNDATION(A COMPANY THE LIABILITY OF WHOSE
MEMBERS IS LIMITED BY GUARANTEE)INCOME STATEMENTFOR THE YEAR ENDED 31 DECEMBER 2019
2019
£2018
£TURNOVER

260,624

402,032

Cost of sales

115,265

69,164GROSS SURPLUS

145,359

332,868

Administrative expenses

118,534

94,75926,825

238,109

Interest payable and similar expenses

1,877

2,190

SURPLUS BEFORE TAXATION

24,948

235,919

Tax on surplus

2,710

10,854SURPLUS FOR THE FINANCIAL YEAR

22,238225,065

Notes

OPERATING SURPLUS

3

The notes form part of these financial statements
Page 3

OPENSTREETMAP FOUNDATION (REGISTERED NUMBER: 05912761)(A COMPANY THE LIABILITY OF WHOSE
MEMBERS IS LIMITED BY GUARANTEE)STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2019
2019
Notes
FIXED ASSETS
Tangible assets£4CURRENT ASSETS
Debtors
Cash at bank

5

CREDITORS
Amounts falling due within one year

62018
£

£34,398£
35,44824,736489,272

3,013
493,139

514,008

496,152

13,795

19,227NET CURRENT ASSETS

500,213476,925

TOTAL ASSETS LESS CURRENT
LIABILITIES

534,611512,373

RESERVES
Income and expenditure account534,611512,373534,611512,373

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year
ended 31 December 2019.
The members have not required the company to obtain an audit of its financial statements for the year ended
31 December 2019 in accordance with Section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for:(a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of theCompanies Act 2006 and(b) preparing financial statements which give a true and fair view of the state of affairs of the company asat the end of each financial year and of its surplus or deficit for each financial year in accordance withthe requirements of Sections 394 and 395 and which otherwise comply with the requirements of theCompanies Act 2006 relating to financial statements, so far as applicable to the company.
The financial statements have been prepared in accordance with the provisions applicable to companies
subject to the small companies regime.
The financial statements were approved by the Board of Directors on ............................................. and weresigned on its behalf by:.................................................................
Director

The notes form part of these financial statements
Page 4

OPENSTREETMAP FOUNDATION(A COMPANY THE LIABILITY OF WHOSE
MEMBERS IS LIMITED BY GUARANTEE)NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 20191.

STATUTORY INFORMATIONOpenStreetMap Foundation is a private company, limited by guarantee, registered in England andWales. The company's registered number and registered office address can be found on theCompany Information page.
The presentation currency of the financial statements is the Pound Sterling (£).

2.

ACCOUNTING POLICIESBasis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102"The Financial Reporting Standard applicable in the UK and Republic of Ireland" including theprovisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements havebeen prepared under the historical cost convention.
TurnoverTurnover is measured at the fair value of the consideration received or receivable,
discounts, rebates, value added tax and other sales taxes.

excluding

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimateduseful life.
Plant and machinery etc- 25% on cost
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,except to the extent that it relates to items recognised in other comprehensive income or directly inequity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have beenenacted or substantively enacted by the statement of financial position date.
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at
the statement of financial position date. Transactions in foreign currencies are translated into sterlingat the rate of exchange ruling at the date of transaction. Exchange differences are taken into accountin arriving at the operating result.
3.

OPERATING SURPLUS
The operating surplus is stated after charging:2019£
27,907

Depreciation - owned assets

Page 52018£
26,835continued...

OPENSTREETMAP FOUNDATION(A COMPANY THE LIABILITY OF WHOSE
MEMBERS IS LIMITED BY GUARANTEE)NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2019
4.

TANGIBLE FIXED ASSETSPlant andmachineryetc£

5.

COST
At 1 January 2019
Additions

213,344
26,857

At 31 December 2019240,201

DEPRECIATION
At 1 January 2019
Charge for year

177,896
27,907

At 31 December 2019

205,803

NET BOOK VALUEAt 31 December 201934,398At 31 December 201835,448DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade debtors
Other debtors

6.

RELATED PARTY DISCLOSURESThe company is jointly controlled by the directors.

8.

2018
£

24,736

3,013

2019
£
5,132
6,963
1,700

2018
£
5,753
10,8542,620

13,795

19,227

3,013

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors
Taxation and social security
Other creditors

7.

2019
£15,130
9,606

ULTIMATE CONTROLLING PARTY
There is no ultimate controlling party.

Page 6

OPENSTREETMAP FOUNDATION(A COMPANY THE LIABILITY OF WHOSE
MEMBERS IS LIMITED BY GUARANTEE)REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
OPENSTREETMAP FOUNDATIONAs described on the Statement of Financial Position you are responsible for the preparation of the financial
statements for the year ended 31 December 2019 set out on pages three to six and you consider that thecompany is exempt from an audit.
In accordance with your instructions, we have compiled these unaudited financial statements in order toassist you to fulfil your statutory responsibilities, from the accounting records and information andexplanations supplied to us.

Chater Allan LLP
Chartered Accountants
Beech House
4a Newmarket Road
Cambridge
Cambridgeshire
CB5 8DT
Date: .............................................

This page does not form part of the statutory financial statements
Page 7

OPENSTREETMAP FOUNDATION(A COMPANY THE LIABILITY OF WHOSE
MEMBERS IS LIMITED BY GUARANTEE)DETAILED INCOME AND EXPENDITURE ACCOUNTFOR THE YEAR ENDED 31 DECEMBER 20192019£
TurnoverDonations
Miscellaneous income
Conference registrations
Merchandising and commissions
Conference sponsorship
Fiscal sponsor income
Membership - corporate
Membership - individual
Donations - Pineapple fund2018£

27,815
6
45,873
42
100,671
5,326
65,881
15,010-£23,164
13
48,58235
55,28869,31818,842
186,790

260,624
Cost of sales
Scholarship costs
Conference costs
Fiscal sponsor expenses

29,67380,255
5,337

GROSS SURPLUS
ExpenditureAwards
Printing, postage and stationery
Travelling
Insurance
Website and computer costs
Software subscriptions
Administrative fees
Accountancy
Professional fees
Legal fees
Bad debts

Finance costs
Exchange rate varianceBank charges and interest£

402,032

22,385
46,779115,265

69,164145,359

332,868

428
4,371
6,549
24,073625
17,286
5,355
3,708
3,671
-

140
1,059
10,796
6,439
20,195
911
14,476
6,823
351
9,874
2,632
66,06673,696

79,293

259,172

24,561
1,877(5,771)
2,190
26,438(3,581)

52,855

262,753

Depreciation
Computer equipment

27,907

26,834NET SURPLUS

24,948

235,919

This page does not form part of the statutory financial statements
Page 8