REPORT OF THE DIRECTORS AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2018
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 2018

Page
Company 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 2018

DIRECTORS:F Ramm
K Chapman
P Norman
M MaronH LesonT Knerr
J Schouppe

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 WHOSE
MEMBERS IS LIMITED BY GUARANTEE)INCOME STATEMENTFOR THE YEAR ENDED 31 DECEMBER 20182018
Notes£2017£££

TURNOVER

402,032

185,395

Cost of sales

69,16444,365GROSS SURPLUS

332,868

141,030

Distribution costs
Administrative expenses

140
94,619255
68,65994,75968,914

238,109

72,116

2,190

2,685

SURPLUS BEFORE TAXATION

235,919

69,431

Tax on surplus

10,854

2,577

SURPLUS FOR THE FINANCIAL YEAR

225,065

66,854OPERATING SURPLUS

3

Interest payable and similar expenses

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 2018
2018
Notes
FIXED ASSETS
Tangible assets£4

CURRENT ASSETS
Debtors
Cash at bank

5

CREDITORS
Amounts falling due within one year

62017
££

35,448£53,825

3,013
493,139

10,284
226,478

496,152

236,762

19,2273,279

NET CURRENT ASSETS

476,925

233,483

TOTAL ASSETS LESS CURRENT
LIABILITIES

512,373

287,308

RESERVES
Income and expenditure account

512,373

287,308

512,373

287,308

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year
ended 31 December 2018.
The members have not required the company to obtain an audit of its financial statements for the year ended
31 December 2018 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 as at
the end of each financial year and of its surplus or deficit for each financial year in accordance with therequirements 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:.................................................................
F Ramm - 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 2018
1.

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 the Company
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, excluding discounts,rebates, value added tax and other sales taxes.
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:2018£
26,835

Depreciation - owned assets

Page 52017£29,083

continued...

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 2018
4.

TANGIBLE FIXED ASSETS
Plant andmachineryetc
£

5.

COST
At 1 January 2018
Additions

204,886
8,458

At 31 December 2018

213,344

DEPRECIATION
At 1 January 2018
Charge for year

151,061
26,835

At 31 December 2018

177,896

NET BOOK VALUEAt 31 December 201835,448At 31 December 201753,825

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018£
Trade debtors
Other debtors

6.

RELATED PARTY DISCLOSURESThe company is jointly controlled by the directors.

8.

3,013

10,284

2018
£
5,753
10,854
2,620

2017
£(48)
2,577
750

19,227

3,279

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors
Taxation and social security
Other creditors

7.

3,013

2017
£
7,793
2,491

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 2018 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 to assist
you to fulfil your statutory responsibilities, from the accounting records and information and explanations
supplied to us.

Chater Allan LLP
Chartered Accountants
Beech House
4a Newmarket RoadCambridge
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 20182018
£TurnoverDonations
Miscellaneous income
Conference registrations
Merchandising and commissions
Conference sponsorship
Membership - corporate
Membership - individual
Donations - server
Donations - Pineapple fund2017£23,164
1348,582
35
55,28869,31818,842
186,790£
28,668
11
20,37928
37,312
66,712
13,373
18,912-402,032
Cost of sales
Scholarship costs
Conference costs

22,385
46,779GROSS SURPLUS
ExpenditureAwardsPrinting, postage and stationery
Travelling
Insurance
Website and computer costs
Software subscriptions
Administrative fees
Sundry expenses
Accountancy
Professional fees
Legal fees
Donations
Bad debts

Finance costs
Exchange rate varianceBank charges and interest£

185,395

25,04819,317
69,16444,365332,868

141,030140
1,059
10,796
6,439
20,195
911
14,476
6,823
351
9,874
2,632

255
81
4,621
5,784
11,480
20
8,240
(35)
4,208
735
4,265
1,200
2,695
73,69643,549259,172

97,481(5,771)
2,190(3,718)2,685(3,581)(1,033)

262,753

98,514

Depreciation
Computer equipment

26,83429,083NET SURPLUS

235,919

69,431This page does not form part of the statutory financial statements
Page 8