MDC financial statements

Summary

The requester asked for the latest financial statements for the Manx Development Corporation (MDC). The Treasury refused to send the documents directly, citing that the information is already reasonably accessible online via the Tynwald Court Official Report.

Key Facts

• The request was received on 10 February 2025 and amended on 18 February 2025.
• The response was issued on 24 February 2025 under reference number 4437922.
• The Treasury determined the information was already reasonably accessible to the public.
• The requested financial statements cover the year ended 31 March 2024.
• Documents include reports for MDC, WMV Limited, and FNH Limited.

Data Disclosed

• 10 February 2025
• 18 February 2025
• 24 February 2025
• 4437922
• 31 March 2024
• 10th December 2024
• section 20
• Freedom of Information Act 2015

Exemptions Cited

• Section 20 of the Freedom of Information Act 2015 (Information reasonably accessible)

Original Request

Please provide me with the latest financial statements for MDC

Data Tables (1)

Full Response Text

Freedom of Information
Seyrsnys Fysseree

The Treasury Government Office,
Douglas Isle of Man, IM1 3PU

Telephone: (01624) 685605 Email: FOI.Treasury@gov.im

Government Website: www.gov.im

Our ref: 4437922 24 February 2025

Dear ###,

We write further to your request, received 10 February 2025 and amended 18 February 2025, which states:

"Please provide me with the latest financial statements for MDC"

Our response to your request is as follows:

While our aim is to provide information whenever possible, under section 20 of the Act, we are not required to provide information in response to a request if it is already reasonably accessible to you, whether free of charge or on payment of a fee. All of the information that you have requested is available online within the Tynwald Court Official Report, dated Tuesday 10th December 2024. The latest financial statements for the Manx Development Corporation can be found here: Directors report and audited consolidated financial statements year ended 31 March 2024
WMV Limited Directors report and financial statements year ended 31 March 2024 FNH Limited Directors report and financial statements year ended 31 March 2024 Please quote the reference number 4437922 in any future communications.

Your right to request a review

If you are unhappy with this response to your freedom of information request, you may ask us to carry out an internal review of the response, by completing a complaint form and submitting it electronically or by delivery/post.

An electronic version of our complaint form can be found by going to our website at https://services.gov.im/freedom-of-information/Review . If you would like a paper version of our complaint form to be sent to you by post, please contact me and I will

be happy to arrange for this. Your review request should explain why you are dissatisfied with this response and should be made as soon as practicable. We will respond as soon as the review has been concluded.

If you are not satisfied with the result of the review, you then have the right to appeal to the Information Commissioner for a decision on; 1. Whether we have responded to your request for information in accordance with Part 2 of the Freedom of Information Act 2015; or 2. Whether we are justified in refusing to give you the information requested.
In response to an application for review, the Information Commissioner may, at any time, attempt to resolve a matter by negotiation, conciliation, mediation or another form of alternative dispute resolution and will have regard to any outcome of this in making any subsequent decision. More detailed information on your right to a review can be found on the Information Commissioner’s website at www.inforights.im. Should you have any queries concerning this letter, please do not hesitate to contact me. Further information about freedom of information requests can be found at www.gov.im/foi.

I will now close your request as of this date.