| OpenStreetMap Foundation Ltd |
| Registered Number:05912761 |
For the year ended 31 December 2017
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2017
OpenStreetMap Foundation Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
OpenStreetMap Foundation Ltd
Statement of Financial Position
2016
2017
| Property, plant and equipment |
53,825
42,800
2
53,825
42,800
| Trade and other receivables |
26,616
10,284
3
166,439
| Cash and cash equivalents |
226,478
236,762
193,055
| Trade and other payables: amounts falling due within one |
| year |
(15,401)
(3,279)
4
177,654
233,483
Net current assets
| Total assets less current liabilities |
287,308
220,454
287,308
Net assets
220,454
287,308
220,454
287,308
220,454
Members' Funds
| For the year ended 31 December 2017 the company was entitled to exemption from audit under Section 477 of the Companies 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 31 December 2017 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 the Companies 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 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered 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 04 April 2018 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 December 2017
OpenStreetMap Foundation Ltd
Notes to the Financial Statements
Statutory Information
| OpenStreetMap Foundation Ltd is a private limited company, limited by guarantee, domiciled in England and Wales, |
| registration number 05912761. |
132 Maney Hill Road
Sutton Coldfield
West Midlands
United Kingdom
B72 1JU
| The presentation currency is £ sterling. |
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 the |
| Companies 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 and trade discounts. |
Property, plant and equipment
| 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, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Foreign currencies
| Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account. |
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For the year ended 31 December 2017
OpenStreetMap Foundation Ltd
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
164,778
40,108
204,886
| Provision for depreciation and impairment |
121,978
Charge for year
29,083
151,061
53,825
42,800
| 3. Trade and other receivables |
2016
2017
7,793
14,295
2,491
12,321
26,616
10,284
| 4. Trade and other payables: amounts falling due within one year |
2016
2017
(48)
4,851
| Taxation and social security |
2,577
3,848
750
6,702
3,279
15,401
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