Lezayre Parish Commissioners — Detailed Income and Expenditure Account (£)

Lezayre Parish Commissioners — Balance Sheet as at 31 March 2023

Lezayre is unleveraged — a small loan was repaid in full during 2021/22 (£1,000, with £25 of interest that year) and no external borrowing has been taken since. Its balance sheet is dominated by a single revalued asset: the Public Hall and land, carried at £720,792 net of depreciation in 2023, out of £795,610 of net assets in total.

Notes, sources and cautions

What this shows. Lezayre's audited Detailed Income and Expenditure Account — actual outturn, not budget. Two rate funds (general and refuse, each levied at its own poundage on its own rateable value) plus small fee and hall income flow into the revenue account and out across the four committees the accounts themselves use: Finance and general purposes, Property, Works and Development, and Refuse Disposal. A fifth, near-invisible flow — interest payable on the now-repaid loan — is drawn separately as "Finance costs" exactly as the source document presents it, outside the four committees.

Only one year of accounts was available to build this. Lezayre's 2024 accounts (for the year ended 31 March 2024) were not present in the source archive at build time — only the statements for the year ended 31 March 2023 were supplied, which is why this diagram covers two years (2021/22 and 2022/23) instead of the usual three, and why the cross-check of an overlapping year read independently from two different PDFs — used throughout the rest of this site — could not be performed here. Every figure shown was still verified by the other two methods: every group subtotal re-adds to the total printed alongside it in the accounts, and income minus expenditure equals the published deficit exactly, in both years.

Lezayre runs a "deficit" and still gets richer — read the fine print. The Comprehensive Income and Expenditure Statement shows a deficit of £3,781 in 2021/22 and £5,734 in 2022/23, the figures used for the "Deficit for the year" flow into the revenue account here. But Lezayre's own Statement of Movement on Reserves shows the General Fund itself grew in both years — from £48,327 to £54,866, then to £61,152 — because most of the reported deficit is the non-cash depreciation charge (£15,320 in both years) on the revalued Public Hall, which is absorbed by the Capital Adjustment Account rather than funded from cash. The deficit shown as a hatched inflow here is a real accounting measure, not a cash shortfall — unlike Marown, where the deficit and the drain on reserves are the same thing.

Two rates, not one. Uniquely among the small parishes on this site, Lezayre levies a general rate (97p in the pound on a net rateable value of £112,762 in 2022/23, unchanged from 97p on £112,439 in 2021/22) and a separate refuse rate (67p in the pound, plus a flat £48-per-household charge on 593 properties, on a net rateable value of £105,761 in 2022/23, unchanged from £105,415). Both poundages were held flat across the two years shown. Lezayre's own explanatory foreword states the 2022/23 budget target was a deficit of £650 (2021/22: a budgeted deficit of £5,508), against the actual outturn deficits of £5,734 and £3,781 respectively — the two years are, in that sense, reversed against budget.

The Lezayre Parish website was checked but does not publish these accounts, budget documents or a rate-poundage history in machine-readable form; a recent (2026) Manx Radio report separately quotes a combined residential rate of 114p for 2025/26 rising to 120p for 2026/27, which is not on the same basis as the general/refuse split used in these 2021–23 accounts (the Island underwent a rating revaluation in the interim) and is not used as a figure in this diagram — it is noted here only for context, unaudited and outside the two years actually charted.

Provenance and confidence. Lezayre publishes its accounts only as scanned images with no text layer, so every figure here was recovered by OCR and then verified rather than trusted. Every committee subtotal re-adds to the total printed beside it (Finance and general purposes £61,928/£53,874 gross; Property £22,023/£19,007; Works and Development £4,073/£3,957; Refuse Disposal £132,333/£134,184, 2022/23 then 2021/22), and income minus expenditure (including the £25 of loan interest paid in 2021/22 only) equals the published deficit exactly in both years. Two OCR misreads were caught and corrected this way rather than published: the General Fund balance at 31 March 2023 initially read as £67,152 or £671,152 depending on the pass, and only the figure that makes the six reserve lines foot to the published £795,610 total — £61,152 — passes; similarly the Hall Maintenance Fund at 31 March 2022 initially read £2,600, and only £2,000 makes the 2022 reserves foot to £801,344. The rate multiplier for 2022/23 was printed in the source itself as "0.97p (2022: 97p)" and "0.67p (2022: 67p)" — read literally that would be a hundred-fold rate cut in a single year, which the explanatory foreword rules out directly ("Rates levied at 97p in the £... (2022 — 97p...)"); both years are shown here as 97p and 67p accordingly.

Comparability. Same audited, outturn accounting basis as Marown, Santon and Malew, but only two years overlap with those three-year diagrams (2021/22 and 2022/23), and Lezayre's committee structure (four committees plus a small separate finance line) does not map one-for-one onto any of the other three. Not comparable with Braddan's diagram, which is built from forward budget estimates rather than audited outturn.

Source. Lezayre Parish Commissioners, Statement of Accounts for the year ended 31 March 2023 (the only year's accounts supplied), Detailed Income and Expenditure Account, Balance Sheet, Statement of Movement on Reserves, Explanatory Foreword and Notes 5, 6, 11, 13 and 14. Retrieved from gov.im, 6 August 2026. Supplementary rate context from a Manx Radio report on the 2026/27 rate, retrieved 6 August 2026.