OpenStreetMap Foundation Ltd
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For the period ended 31 December 2014
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 05912761
OpenStreetMap Foundation Ltd
For the period ended 31 December 2014
1
Accountants' Report
2
Balance Sheet
3
Notes to the Abbreviated Financial Statements
OpenStreetMap Foundation Ltd
Accountants' Report
For the period ended 31 December 2014
As described on the balance sheet you are responsible for the preparation of the financial statements for the period
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ended
31
December
2014
and you consider that the company is exempt from an audit under the Companies Act
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2006
.
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In accordance with your instructions
,
we have compiled these unaudited financial statements in order to assist you
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to fulfil your statutory responsibilities
,
from the accounting records and information and explanations supplied to us
.
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Accounting for Tax
64 Place Farm Way
Monks Risborough
Princes Risborough
Bucks
HP27 9JY
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Abbreviated Balance Sheet
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OpenStreetMap Foundation Ltd
2014
2013
2
64,965
71,335
64,965
71,335
2,142
8,172
68,386
86,375
76,558
88,517
Creditors
:
amounts falling due within one year
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(22,134)
(8,700)
66,383
67,858
Net current assets
Total assets less current liabilities
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132,823
137,718
132,823
Net assets
137,718
132,823
137,718
132,823
137,718
Members' Funds
For the period ended 31 December 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476;
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2) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
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These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
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Date approved by the board: 18 September 2015
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Signed on behalf of the board of directors
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Notes to the Abbreviated Financial Statements
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OpenStreetMap Foundation Ltd
For the period ended 31 December 2014
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
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Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange
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ruling at the balance sheet date
.
Transactions in foreign currencies are recorded at the rate ruling at the date of the
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transaction
.
All foreign exchange differences are included to the profit and loss account
.
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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:
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Computer equipment
133,089
22,412
155,501
61,754
28,782
Charge for period
90,536
64,965
71,335
3
Company limited by guarantee
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The company is limited by guarantee and therefore has no shares
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