Registered Number:05912761
England and Wales

OpenStreetMap Foundation Ltd
Report of the Directors and Unaudited Financial Statements
For the year ended 31 December 2015

OpenStreetMap Foundation Ltd
Contents Page
For the year ended 31 December 2015

Company Information

1

Directors' Report2

Accountants' Report3

Profit and Loss

4

Balance Sheet

5

Notes to the Financial Statements

6 to 7

Detailed Profit and Loss Account8 to 9

OpenStreetMap Foundation Ltd
Company Information
For the year ended 31 December 2015

DirectorsHenk Hoff (Resigned on 5 December 2015)
Oliver Kuehn (Resigned on 5 December 2015)
Dermot McNally (Resigned on 5 December 2015)
Frederik Ramm
Kate Chapman
Paul Norman
Kathleen L Danielson (Resigned on 5 December 2015)
Ilya Zverev (appointed on 5 December 2015)
Mikel Maron (appointed on 5 December 2015)
Martijn van Exel (appointed on 5 December 2015)
Peter Barth (appointed on 5 December 2015)

Registered Number

05912761

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

Bankers

Barclays
LeicesterLE87 2BB

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OpenStreetMap Foundation Ltd
Directors' Report
For the year ended 31 December 2015
The directors present their report and accounts for the year ended 31 December 2015.
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:
Henk Hoff (Resigned on 5 December 2015)
Oliver Kuehn (Resigned on 5 December 2015)
Dermot McNally (Resigned on 5 December 2015)
Frederik Ramm
Kate Chapman
Paul Norman
Kathleen L Danielson (Resigned on 5 December 2015)
Ilya Zverev (appointed on 5 December 2015)
Mikel Maron (appointed on 5 December 2015)
Martijn van Exel (appointed on 5 December 2015)
Peter Barth (appointed on 5 December 2015)
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
Director
Date approved by the board:

2 of 9

OpenStreetMap Foundation Ltd
Accountants' Report
For the year ended 31 December 2015

As described on the balance sheet you are responsible for the preparation of the financial statements for the year
ended 31 December 2015 and you consider that the company is exempt from an audit under the Companies Act2006.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist youto fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

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

3 of 9

OpenStreetMap Foundation Ltd
Profit and Loss AccountFor the year ended 31 December 2015
2015
£

2014

97,445

121,434

Cost of sales-(61,488)

Gross profit

97,44559,946200-

Administrative expenses(61,500)(55,168)

Other operating income

515

-

Notes

TurnoverSelling and distribution costs£Operating profit

236,660

4,778Interest payable and similar charges

3(2,791)(1,912)33,869

2,866

(300)

(1,466)33,5691,400

Profit on ordinary activities before taxation

4Taxation
Profit for the financial year

4 of 9Registered Number :05912761

OpenStreetMap Foundation Ltd
Balance Sheet
As at 31 December 2015
RestatedNotes

2015
£

2014
£

5

54,76864,96554,76864,96520,30097,261

8,172
68,386

117,561

76,558(1,299)(8,700)Net current assets

116,262

67,858

Total assets less current liabilities

171,030

132,823

Net assets

171,030

132,823

171,030

132,823

171,030

132,823

Fixed assets
Tangible assets
Current assets
Debtors
Cash at bank and in hand

67Creditors: amounts falling due within one year

Capital and reserves
Profit and loss account

9Members' Funds

For the year ended 31 December 2015 the company was entitled to exemption from audit under section 477 of theCompanies Act 2006 relating to small companies.
Directors responsibilities:
1) The members have not required the company to obtain an audit of its accounts for the year in question inaccordance with section 476;
2) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect toaccounting records and the preparation of accounts
These accounts have been prepared in accordance with the provisions applicable to companies subject to thesmall companies regime.
Signed on behalf of the board of directors

Kate Chapman
Director
Date approved by the board:

5 of 9

OpenStreetMap Foundation Ltd
Notes to the Financial Statements
For the year ended 31 December 2015

1 Accounting Policies
Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the Financial
Reporting Standard for Smaller Entities (effective January 2015).
TurnoverTurnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax
and trade discounts.
Foreign currency

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate ofexchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at thedate of the transaction. All foreign exchange differences are included to the profit and loss account.
Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision
for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, lesstheir estimated residual value, over their expected useful lives on the following basis:
Computer equipment

25 Straight line
2015
£

2014
£

28,588(200)(515)

28,782393

3 Interest payable and similar charges

2015
£

2014
£

Interest payable on bank borrowing

2,791

1,912

2015
£

2014
£

300

1,466

300

1,466

2 Operating profit

The operating profit is stated after charging/(crediting):
Depreciation of tangible fixed assets
Profit/loss on disposal of tangible fixed assets
Exchange rate (Gains)/Losses

4 Tax on profit on ordinary activities

The taxation charge is based on the taxable profit for the year and comprises:
UK taxation
UK corporation tax
Tax on profit on ordinary activities

6 of 9

OpenStreetMap Foundation Ltd
Notes to the Financial Statements Continued
For the year ended 31 December 2015

5 Tangible fixed assets

Cost or valuation

Computerequipment£

At 01 January 2015
Disposals

155,501(26,392)

At 31 December 2015

129,109

Depreciation

At 01 January 2015
Charge for year

90,536(16,195)

At 31 December 2015

74,341

Net book values

At 31 December 2015

54,768At 31 December 2014

64,965

6 Debtors: amounts falling due within one year

Prepayments & accrued income
Other debtors

7 Creditors: amounts falling due within one year

Trade creditors
Taxation and social security
Other creditors

2015
£

2014
£

11,584
8,716

236
7,936

20,300

8,172

2015
£
249
300750

2014
£
2,096
6,104
500

1,299

8,700

8 Company limited by guarantee

The company is limited by guarantee and therefore has no shares
9 Reserves

Profit & lossaccount£

132,823
4,63833,569

Balance at 01 January 2015
Prior year adjustments
Profit for the year
Balance at 31 December 2015

171,030

7 of 9

OpenStreetMap Foundation Ltd
Detailed Profit and Loss AccountFor the year ended 31 December 2015

2015

2014

£

£

14,95934,762

7

3TurnoverDonations
Miscellaneous Income
Conference Registrations-

25,71983132

Conference sponsorship-

43,083

Conference merchandising-

15

Donations - Server

58,081-

Membership - Corporate

15,0003,000

Membership - Individual

7,815

14,720Consultancy

1,500

-

97,445

121,434

Merchandising and Commissions

Cost of Sales

Conference Costs-

Gross Profit

61,488-(61,488)

97,44559,946

Selling and Distribution Costs

Profit/Loss on Sale (Tangible FA)

(200)

200

-

Administrative Expenses

Travel and Accomodation

4,878

826

Bad Debts Written Off (specific)

3,560

-

Exchange Rate Losses/Gains-393

Depreciation Charge: Computer Equipment

18,25628,782

Write off of Obsolete Computer equipment

10,332-

Accountancy fees

6,123

6,200

Legal fees

2,288

2,121

Professional Fees

972-

Insurance

3,842

3,745

Website costs

10,473

11,650

Telephone, Fax & Internet

573

1,073

Printing, Stationery and Postage

203

378

Operating Profit(61,500)(55,168)

36,145

4,778

Other Operating Income

Exchange Rate Gains

515

515

-Interest Payable & Similar Charges

Bank Charges & Interest

2,791

1,912
(2,791)8 of 9This page does not form part of the statutory financial statements(1,912)

OpenStreetMap Foundation Ltd
Detailed Profit and Loss Account Continued
For the year ended 31 December 2015
Profit on Ordinary Activities before Taxation

2,866

33,869Taxation

UK Corporation Tax300

Profit for the Financial Year

1,466
(300)

(1,466)33,5691,400

9 of 9This page does not form part of the statutory financial statements