Ramsey Town Commissioners — Comprehensive Income and Expenditure Statement, by committee (£)

Ramsey Town Commissioners — Balance Sheet as at 31 March 2023 and 2022

Ramsey is by far the largest balance sheet this site has covered among the Town-tier authorities: net assets of £68.26m at 31 March 2023, up from £27.89m a year earlier — an increase driven almost entirely by a £34.96m revaluation gain on Ramsey's social housing stock (island-wide 2023 property revaluation), not by trading. Borrowing stands at £30.31m (£1.88m short-term, £28.44m long-term) — the largest debt load of any Town Commission on this site so far, funding a housing stock of 554 dwellings carried at £80.38m.

Notes, sources and cautions

Only one source PDF was available for this page. The archive supplied to build this page contained Ramsey's Statement of Accounts for the year ended 31 March 2023 only — no 2024 accounts (year ended 31 March 2024) were present. That single PDF's own comparative column gives two years (2021-22 and 2022-23), which is why this diagram has two years instead of the usual three, and — more importantly — why the cross-check used everywhere else on this site (reading an overlapping year independently from two different PDFs) could not be performed here. Every figure shown was still verified the other two ways that don't require a second document: every committee's own line items re-add to the subtotal printed beside it in Ramsey's Detailed Income and Expenditure Account, and total income minus total expenditure equals the published surplus exactly, in both years — see the reconciliation note below and the console message this page prints on load.

What this shows, and why it's structured differently from Douglas's page. Unlike Douglas — which publishes a General Fund Comprehensive Income and Expenditure Statement (CIES) entirely separate from its Housing Revenue Account (HRA) — Ramsey folds both into a single Comprehensive Income and Expenditure Statement, with "Net income from housing services" appearing as one net line inside it. Ramsey does run a full Housing Revenue Account (554 dwellings, £2.88m of rent income and £2.47m of HRA expenditure in 2022-23, both disclosed in Note 8) — so, per this page's brief, it genuinely has one, unlike some of the smaller parish Commissioners already on this site — but because Ramsey itself reports Housing within the same combined statement as everything else, this diagram follows Ramsey's own presentation and includes the Housing Revenue Account as flows within the single diagram above, rather than splitting it into a separate tab the way Douglas's page does. The six General Fund committees (Finance & general purposes, Miscellaneous, Property, Works and development, Parks and leisure, and the FRS102 pension current-service-cost line) sum to Ramsey's own published "Net cost of General Fund services" subtotal exactly in both years — checked in code, not merely asserted.

How committees were grouped into this site's fixed colour palette. Ramsey's own "Works and development" committee bundles refuse collection, the Civic Amenity Site and sewer administration together with car parks, foreshore amenities and street lighting — functionally quite different services. It has been split here, using Ramsey's own detailed schedule, into Refuse & Civic Amenity Site (refuse collection, sewers and pumps, and the Civic Amenity Site — £696,414 net in 2022-23, £791,591 in 2021-22, drawn in the refuse colour) and Highways, car parks & local services (foreshore, car parks, street lighting, CCTV and local services — £374,797 and £293,755, works colour); the two halves re-add to Ramsey's own published Works and development total in both years. Property (Town Hall, Public Conveniences, Ramsey Courthouse and non-HRA housing costs) shares the works colour for the same reason. Legal, audit & insurance was split out of Ramsey's "Office administration" schedule into its own group in the compliance/discounts colour, following the precedent set on Castletown's page. Miscellaneous, the Housing Revenue Account, the pension current service cost line and Finance costs (loan interest and net pension interest cost) share this site's neutral colour, distinguished by label and position rather than hue — the same convention used for Castletown's civic/capital-financing groups and Douglas's civic/depreciation groups.

An internal recharge appears on both sides, correctly. Property's own detailed schedule includes a credit of £176,030 (2022: £156,215) for "Housing Revenue Account — administration charge," and Note 8's Housing Revenue Account expenditure separately lists "Supervision & management" of exactly the same amount as a cost. This is not a duplication: it is Ramsey's own internal cross-charge for general-fund staff time spent managing the housing stock, disclosed on both the paying and receiving side, and both sides are needed for Property's own published net cost (£82,312) and the Housing Revenue Account's own published net income (£2,034,248) to reconcile — removing either one would break the published totals, not fix a double-count. The whole-authority check (total income − total expenditure = published surplus) passes with both sides included, confirming the treatment is correct.

Ramsey doesn't just pay into the Northern joint boards — it hosts one of them. This site has already confirmed a Northern joint-board cluster from Andreas, Ballaugh, Bride, Jurby and Lezayre's own accounts (a Refuse Collection Board, a Civic Amenity Site and a Swimming Pool Board, all prefixed "Northern"). Ramsey's Note 10(f) confirms Ramsey's own role in that cluster directly: the Northern District Civic Amenity Joint Committee "was set up to run the Northern Civic Amenity Site and consists of one elected member from seven northern Parishes — Andreas, Ballaugh, Bride, Garff, Jurby, Lezayre and Ramsey" — and Ramsey itself manages the site on the Joint Committee's behalf, charging the other six parishes a rateable-value-weighted share of the running costs (including a £10,000 annual administration fee) and recovering £189,240 (2022: £189,320) from them in 2022-23, all of which is already netted into the Refuse & Civic Amenity Site group above as the "Parish contributions" credit. This is the same host/payer structure already confirmed for Douglas and the Eastern District Civic Amenity Site — Ramsey is the second confirmed host authority on this site, not merely a payer. Separately, Note 10(e) confirms the Northern Local Authority Swimming Pool Board "manages the Ramsey Swimming Pool" — the pool itself is physically in Ramsey, funded by a rate the Board raises on all northern authorities, Ramsey included (£19,458 in 2022-23). A third body, the Ramsey and Northern Districts Housing Committee (Note 10(b)), is related by "common influence and by virtue of the provision of management support" — Ramsey charged it £99,210 (2022: £112,663) for administration, clerk's salary and maintenance services, with £83,308 owed back to Ramsey at year end — a joint housing body not previously named on this site.

The rate rose 415p → 445p (7.2%) on a broadly flat rate base. Total rateable value at year end was £735,901 in 2023, barely changed from £733,671 in 2022 (Note 16) — so almost all of the resulting increase in rate income (£2.881m to £3.131m, +8.7%) came from the higher poundage, not new development. Ramsey's own explanatory foreword gives a separate "average rateable value" figure (£733,671 for 2022, £722,688 for 2021-22) that is not used here; this page uses Note 16's year-end rateable value throughout, for consistency with the other authorities on this site.

A near-tenfold swing in the pension liability, and a housing revaluation that dwarfs everything else. Ramsey's net pension liability fell from £4,746,000 to £504,000 in a single year (Note 17) — an actuarial re-measurement gain of £4,638,000, not a funding change — while a rolling revaluation of Ramsey's own social housing stock added £35,116,165 to the Revaluation Reserve the same year (both flow through "Other Comprehensive Income & Expenditure", below the operating Surplus on provision of services, and are shown only in the balance sheet panel, not in the Sankey above). Between them these two non-cash items explain nearly all of the jump in "Total comprehensive income and expenditure" from £1,280,637 (2021-22) to £40,368,341 (2022-23) — a headline the diagram deliberately does not show, because it is not operating income or spending.

Signed more than two years after the year end. Ramsey's 2022-23 Statement of Accounts was not authorised for issue until 13 June 2025 — over two years after the 31 March 2023 year end — consistent with the publication delays already flagged on Castletown's page as a pattern across several Isle of Man local authorities, not unique to Ramsey.

Two smaller items worth flagging. "Doubtful debts" within Finance & general purposes jumped from £0 (2021-22) to £89,471 (2022-23) — a genuine year-on-year swing in Ramsey's own schedule, not an OCR artefact (both figures were confirmed against the clean scanned image). And the Housing Revenue Account ran a cumulative £103,459 repayable to Isle of Man Government at 31 March 2023 (2022: £48,829 repayable) — Ramsey had been paid slightly more deficiency grant on account than its final calculated entitlement in both years (Note 8b).

Provenance and confidence. Ramsey publishes its accounts only as scanned images with no text layer (confirmed with pdftotext before OCR began), so every figure here was recovered by 300dpi OCR (Tesseract 5) and then verified against the arithmetic printed in the accounts themselves rather than trusted on a single read. Every committee's items re-add to the subtotal Ramsey itself prints beside it (Office administration £1,233,535/£1,082,588 gross; Miscellaneous £70,596/£28,751 gross; Housing and Property £258,342/£263,675 gross split into Property's constituent blocks; Works and Development £1,071,211/£1,085,346 net, split refuse/other as described above; Parks and Leisure £470,482/£398,826 net including Library) in both years; income minus expenditure equals the published surplus (£614,176 and £107,637) exactly in both years; and the balance sheet's current assets, net current assets, and "Financed by" reserves total each reconcile to Ramsey's own published subtotals exactly in both years — all checked in code on page load (see the console).

Comparability. Same audited, outturn accounting basis as Castletown, Malew, Santon, Marown and Lezayre. Ramsey is roughly four times Castletown's rate income and, uniquely among the Town-tier authorities on this site so far, folds a full Housing Revenue Account into the same statement as its General Fund rather than reporting the two separately (contrast Douglas). Not comparable with Braddan's diagram, which is built from forward budget estimates rather than audited outturn.

Source. Ramsey Town Commissioners, Statement of Accounts for the year ended 31 March 2023 (signed 13 June 2025) — Comprehensive Income and Expenditure Statement, Balance Sheet, Statement of Movement on Reserves, Detailed Income and Expenditure Accounts (pages 37–41, unaudited supplementary schedules), and Notes 5, 7, 8, 10, 16 and 17. Retrieved from the local authority accounts archive; no second source PDF was available for cross-checking.