A record of assets and liabilities acts as a snapshot of your party’s overall financial situation at the time of application to register as a political party.
It sets out the assets that you control, such as money in the bank or computers, and the amounts you owe, such as loans and money owed to suppliers.
We have produced a template to aid you in reporting your assets and liabilities. The following guidance sets out the categories you should report in your record and includes definitions for the terms we use in the template.
Using the Commission’s templates is a quick and simple way to make sure your record of assets and liabilities gives us all the required information.