Registered Number:05912761
England and Wales

OpenStreetMap Foundation Ltd
Report of the Directors and Unaudited Financial Statements
For the year ended 31 December 2016

OpenStreetMap Foundation Ltd
Contents Page
For the year ended 31 December 2016

Company Information

1

Directors' Report2

Independent Accountants' Report3

Income Statement

4Statement of Financial Position

5

Notes to the Financial Statements

6 to 7

Trading and Profit and Loss Account8 to 9

OpenStreetMap Foundation Ltd
Company Information
For the year ended 31 December 2016

DirectorsFrederik Ramm
Kate Chapman
Paul Norman
Ilya Zverev
Mikel Maron
Martijn van ExelPeter BarthRegistered Number05912761

Registered Office

132 Maney Hill Road
Sutton Coldfield
West Midlands
United Kingdom
B72 1JU

Accountants

Accounting for Tax
64 Place Farm Way
Monks RisboroughPrinces RisboroughBucks
HP27 9JY

BankersBarclays
LeicesterLE87 2BB

1 of 9

OpenStreetMap Foundation Ltd
Directors' Report
For the year ended 31 December 2016
The directors present their report and accounts for the year ended 31 December 2016.
Principal activities
The principal activity of the company continued to be 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 organization
supporting, but not controlling, the OpenStreetMap Project. It is dedicated to encouraging the growth, development
and distribution of free geospatial data and to providing geospatial data for anyone to use and share.
Directors
The directors who served the company throughout the year were as follows:
Frederik Ramm
Kate Chapman
Paul Norman
Ilya Zverev
Mikel Maron
Martijn van ExelPeter Barth
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 ofthe Companies Act 2006.
Signed on behalf of the board of directors

Frederik Ramm
DirectorDate:

2017-08-29

2 of 9

OpenStreetMap Foundation Ltd
Independent Accountants' Report
For the year ended 31 December 2016
As described on the Statement of Financial Position you are responsible for the preparation of the financial
statements for the year ended 31 December 2016 and you consider that the company is exempt from an audit under
the Companies Act 2006. 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 informationand explanations supplied to us.

Accounting for Tax
64 Place Farm Way
Monks RisboroughPrinces RisboroughBucks
HP27 9JY

3 of 9

OpenStreetMap Foundation Ltd
Income Statement
For the year ended 31 December 2016

TurnoverCost of sales

2016£
217,450(71,986)2015£
97,445-Gross profit

145,464

97,445Distribution costs
Administrative expenses

150(87,906)

200(61,500)(87,756)(61,300)

39515

Operating profit

57,74736,660Interest payable and similar charges(4,475)(2,791)

Profit before taxation

53,272

Taxation(3,848)33,869(300)

Profit for the financial year

49,42433,569Other operating income

4 of 9

Registered Number :05912761

2016
£

2015
£

OpenStreetMap Foundation Ltd
Statement of Financial Position
As at 31 December 2016
Notes
Fixed assets
Property, plant and equipment

42,80054,76842,80054,768

3

26,616
166,439
193,055

20,30097,261
117,5614(15,401)(1,299)Net current assets

177,654

116,262

Total assets less current liabilities

220,454

171,030

Net assets

220,454

171,030

Capital and reserves
Retained earnings

220,454

171,030

Members' Funds

220,454

171,030

2Current assets
Trade and other receivables
Cash and cash equivalents
Trade and other payables: amounts falling due within oneyear

For the year ended 31 December 2016 the company was entitled to exemption from audit under Section 477 of theCompanies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31December 2016 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of theCompanies Act 2006 andb) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end ofeach financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006
relating to small companies.
These financial statements were approved and authorised for issue by the Board on and were signed by:Frederik Ramm
Director

The notes form part of these financial statements
5 of 9

OpenStreetMap Foundation LtdNotes to the Financial Statements
For the year ended 31 December 2016
Statutory Information
OpenStreetMap Foundation Ltd is a private limited company, limited by guarantee, domiciled in England and Wales,
registration number 05912761.
Registered address:
132 Maney Hill Road
Sutton Coldfield
West Midlands
United Kingdom
B72 1JUThe presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and theCompanies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax andtrade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision forimpairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less theirestimated residual value, over their expected useful lives on the following basis:
Computer equipment
25 Straight line
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchangeruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of thetransaction. All foreign exchange differences are included to the profit and loss account.
2. Property, plant and equipment
Computerequipment

Cost orvaluation
At 01 January 2016
Additions£
129,10935,669At 31 December 2016

164,778

Provision for depreciation and impairment
At 01 January 2016
Charge for year

74,341
47,637

At 31 December 2016

121,978

Net book value
At 31 December 2016

42,800At 31 December 2015

54,7686 of 9

OpenStreetMap Foundation Ltd
Notes to the Financial Statements Continued
For the year ended 31 December 2016
3. Trade and other receivables

Trade debtors

2016£14,295

2015£-Other debtors

12,321

20,30026,616

20,3002016

2015

Trade creditors£4,851£
249

Taxation and social security

3,848300

Other creditors

6,702

750

15,401

1,299

4. Trade and other payables: amounts falling due within one year

5. Subsequent events
Liability relating to State of the Map 2016 conference (September event). An unexpected invoice has been receivedin May 2017 for €6,668 (£5,871.43). This amount included in accrued expenses (Bal Sh) and conference costs(P&L).

7 of 9OpenStreetMap Foundation Ltd
Trading and Profit and Loss AccountFor the year ended 31 December 2016

TurnoverDonations
Miscellaneous Income
Conference Registrations
Merchandising and Commissions
Conference sponsorship
Donations - Server
Membership - Corporate
Membership - IndividualConsultancy

Cost of Sales
Conference Costs

2016

2015

£

£

8,975
82
35,30658,23877,09429,557
8,198-

14,959783
58,081
15,0007,815
1,500

217,450

97,44571,986Gross Profit
Selling and Distribution Costs
Profit/Loss on Sale (Tangible FA)(71,986)-145,464

97,445

(150)

(200)
150

Administrative Expenses
Travel and Accomodation
Bad Debts Written Off (specific)
Exchange Rate Losses/Gains
Depreciation Charge: Computer Equipment
Write off of Obsolete Computer equipment
Accountancy fees
Legal fees
Administrative Fees
Insurance
Website costs
Telephone, Fax & Internet
Printing, Stationery and Postage
Sundry Expenses

3,224
1,000
(5,333)47,905269
4,395
13,8203,860
5,630
11,604
1,403
94
35

Operating Profit
Other Operating Income
Exchange Rate Gains

200
4,878
3,560
18,256
10,332
6,123
2,288
972
3,842
10,473573
203-(87,906)(61,500)

57,70836,14539

515
39Interest Payable & Similar Charges
Bank Charges & Interest

4,475515
2,791(4,475)8 of 9This page does not form part of the statutory financial statements(2,791)

OpenStreetMap Foundation Ltd
Trading and Profit and Loss Account Continued
For the year ended 31 December 2016
Profit on Ordinary Activities before Taxation
Taxation
UK Corporation Tax

3,848

Profit for the Financial Year33,86953,272300(3,848)(300)

49,42433,5699 of 9This page does not form part of the statutory financial statements