Financial accounts for larger political parties in Northern Ireland published

Overview

Financial accounts of political parties and their accounting units in Northern Ireland, with income or expenditure of more than £250,000, have been published today by the Electoral Commission. The accounts are for the year ending 31 December 2018.

Party income and expenditure

Four parties in Northern Ireland reported having an income or expenditure of more than £250,000. In total, these parties reported £1,773,597 of income and £1,974,373 of expenditure. This compares with four parties in 2017 reporting £2,337,084 of income and £2,506,573 of expenditure.

PartyIncomeExpenditure
Sinn Féin£862,081£940,254
Democratic Unionist Party - D.U.P.£411,685£403,553
Ulster Unionist Party£338,557£370,864
SDLP (Social Democratic & Labour Party)£161,274£259,702

The full financial accounts for each of the four political parties are available on the Commission’s website, alongside the financial accounts for 11 political parties and eight accounting units in Great Britain with income and expenditure of more than £250,000.

Details of parties and accounting units with income and expenditure under £250,000 were published in July 2019.

Comparisons with totals in previous years

Figures comparing these latest financial accounts for political parties with those for 2017 and 2016 are below.

Political parties

 201620172018
Income£3,037,503£2,337,084£1,773,597
Expenditure£3,346,478£2,506,573£1,974,373

Accounting units 

No accounting units reported an income or expenditure over £250,000.

Ends

For further information please contact the press office on 028 9089 4023 or email press@electoralcommission.org.uk. For outside office hours call 07789 920414.

Notes to editors:

Notes to editors:

1. The Electoral Commission is the independent body which oversees elections and regulates political finance in the UK. We work to promote public confidence in the democratic process and ensure its integrity by:

  • enabling the delivery of free and fair elections and referendums, focusing on the needs of electors and addressing the changing environment to ensure every vote remains secure and accessible
  • regulating political finance – taking proactive steps to increase transparency, ensure compliance and pursue breaches
  • using our expertise to make and advocate for changes to our democracy, aiming to improve fairness, transparency and efficiency

The Commission was set up in 2000 and reports to the UK and Scottish Parliaments.

3. Financial accounts of political parties and their accounting units in Great Britain, with income and expenditure of more than £250,000, have been published today. The press release has also been published today.

4. The fact that a Statement of Accounts has been placed on the Commission’s website should not be taken to indicate that the Electoral Commission has verified or validated it in any way.

5. Figures for income and expenditure have been rounded. Please see our online database for exact amounts.

6. Details of how failures to submit Statement of Accounts by the deadline have been dealt with in the past can be found in our publication of closed cases.