Port Erin Village Commissioners — Detailed Income and Expenditure Account (£)

Port Erin Village Commissioners — Balance Sheet as at 31 March 2025

Port Erin's balance sheet is dominated by its housing stock — £31.8m of operational fixed assets, mostly public sector rented housing — and by the borrowing that built it. Total borrowing was £5.21m at 31 March 2025 (£749,231 short-term, £4,462,284 long-term), down from £5.84m a year earlier. That is far larger than any other small authority in this set: Malew's £263,423 looks tiny by comparison.

Notes, sources and cautions

What this shows. Port Erin's own supplementary schedule, headed "Detailed Income and Expenditure Account" — the Authority states this page "does not form part of the audited financial statements", but every figure in it is Port Erin's own published number, cross-checked line by line against the audited Comprehensive Income and Expenditure Statement it feeds. Income (the general rate fund, investment income, and the central-government housing deficiency grant) flows into a combined General Fund and Housing Revenue Account hub, then out across seven groupings built from Port Erin's own committee headings: administration, glens/shore/Rowany golf, roads/lighting/public conveniences, refuse collection, public amenities, the Housing Revenue Account, and debt & pension financing.

Port Erin is a village, not a parish — and it runs its own housing. Unlike Marown, Santon, Malew or Arbory & Rushen, Port Erin is one of only two Village Commissioners on the island (with Port St Mary) rather than a parish body, and it sits inside — but is legally distinct from — the parish of Rushen. Its Housing Revenue Account is the largest single item in these accounts: £1.16m of dwelling rent income and £405,528 of depreciation on the housing stock in 2024-25 alone, funded in part by a central-government "housing deficiency" grant that ran from £150,760 in 2023-24 down to £32,009 in 2024-25 as the account's own finances improved.

2021-22 was a deficit year; every year since has been a surplus. Port Erin ran a deficit of £20,063 in 2021-22, financed from reserves (shown as a hatched inflow on the diagram), then swung to surpluses of £138,597, £191,326 and £351,783 in the three years that followed. The rate poundage rose every year across the period — 316p, 331p, 361p, 378p — a 62-pence, near-20% increase in four years, well above Malew's flat 199p over the same broad period.

Rowany Golf Course and the Glens are net income generators, not costs. Port Erin owns the Rowany Golf Course land and leases it out, along with garages and other rented property; rental and loan-charge income here exceeded the small repair costs in every year, most sharply in 2024-25 when net income from this line reached £110,424 — more than double the prior year. Both this and the Glens/shore management group are drawn on this diagram as a single "committee" flow, but where the group nets to income rather than cost, that net flow is shown reversed, as a credit into the hub, exactly as a genuine negative line is handled elsewhere on this site.

The refuse collection and "works" committee were split apart. Port Erin's own account combines "Roads, public conveniences, street lighting, refuse collection and sewers" into one £600k+ line. This diagram splits it into two — roads/lighting/conveniences ("works") and refuse collection/disposal — using the sub-headings Port Erin's own schedule already provides, so the combined total is unchanged and still reconciles exactly to the published figure; only the visual grouping differs from the source document.

Debt servicing is large relative to Port Erin's size. Interest payable and similar charges ran from £204,741 in 2021-22 to £339,579 in 2023-24 before easing to £306,632 in 2024-25, as the housing-linked borrowing amortises. A separate, small pension interest cost/credit line flips sign across the period — a cost in three years, a small credit of £2,000 in 2024-25 — reflecting actuarial assumptions on the Local Government Superannuation Scheme rather than any operating decision.

Credits shown as inflows. Search fees, the Housing administration recharge, the Southern civic administration recharge, tourist information income, disposal-charge recoveries and similar fee income are all collected in Port Erin's own account as deductions ("Less:") from gross departmental costs. This diagram draws them instead as their own income flows into the hub — a fully gross presentation, consistent with how Marown's and Santon's accounts already work — so gross expenditure here reads higher than Port Erin's own net committee figures, and the two reconcile exactly. A handful of lines flip sign in a single year only — the rate collection commission was a net £1,000 cost in 2021-22 rather than the usual small credit, and the Sewers sub-heading was a net £23,408 cost in 2023-24 rather than the usual small credit — both are carried through unchanged from the source.

Provenance and confidence. Two of the three source PDFs (year ended 31 March 2023 and 31 March 2024) are scanned images with no text layer; the third (year ended 31 March 2025) carries a partial, garbled text layer that was not trusted and was re-derived by OCR in the same way. Because the three PDFs overlap — each one's comparative column repeats the prior year's account — four distinct financial years were recovered and cross-checked: 2021-22 only as the comparative in the 2023 PDF, 2022-23 confirmed independently from both the 2023 and 2024 PDFs, 2023-24 confirmed independently from both the 2024 and 2025 PDFs, and 2024-25 from the 2025 PDF alone. Every group subtotal re-adds to its published total, every rate poundage and rateable-value note matches between overlapping PDFs, and income minus expenditure equals the published surplus or deficit exactly, in all four years. Several OCR misreads were caught and corrected this way: the 2021-22 Rowany Golf net was resolved from an ambiguous "(38,337)" to the arithmetically exact £(58,337); a 2022-23 "vehicle expenses" line was resolved from £14,380 to £14,880 using the 2024 PDF's independent re-reading of the same column; 2021-22 balance-sheet cash at bank resolved from an ambiguous read to £774,666, and 2021-22 Housing income total was corrected from a misread £1,216,953 to the arithmetically exact £1,210,953. A residual £2 gap in the 2024-25 Public amenities sub-total and a residual £1 gap in the 2024-25 Housing bad-debts line — both far too small for a scan artefact to hide a real error — were closed against the audited subtotal and are noted here rather than silently absorbed.

Comparability. Port Erin is on the same audited, outturn accounting basis as Marown, Santon, Malew and Arbory & Rushen, but at a different scale and with a housing revenue account none of the four parishes carry in the same form (Arbory & Rushen has a smaller one). A genuine read-across on rate poundage and result-for-the-year is reasonable; a read-across on absolute borrowing or balance-sheet size is not, given the housing stock Port Erin alone holds among the smaller authorities.

Source. Port Erin Village Commissioners, Financial Statements for the years ended 31 March 2023, 31 March 2024 and 31 March 2025 — Comprehensive Income and Expenditure Statement, Balance Sheet, Detailed Income and Expenditure Account, and Notes 7, 8 and 15 (rate fund income, Housing Revenue Income and Expenditure, and total rateable value). Independent auditor Baker Tilly (Isle of Man) LLC. Retrieved from gov.im, 6 August 2026.