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Financial accounts for smaller political parties in Northern Ireland published

Published: 2 Aug 2018

Financial accounts of political parties and their accounting units in Northern Ireland, with income or expenditure of £250,000 or less, have been published today by the Electoral Commission. The accounts are for the year ending 31 December 2017.

Party income and expenditure

20 political parties in Northern Ireland reported having gross income or expenditure of £250,000 or less in 2017. The ten parties with the highest income are listed below.

Party

Income

Expenditure

SDLP (Social Democratic & Labour Party)

£236,977

£219,928

Green Party

£107,835

£97,705

Conservative and Unionist Party

£83,490

£76,303

People Before Profit Alliance

£69,167

£71,716

Socialist Party (Northern Ireland)

£68,996

£69,648

Traditional Unionist Voice - TUV

£43,408

£33,817

The Workers Party

£37,406

£36,978

Cross-Community Labour Alternative

£23,102

£23,348

Animal Welfare Party

£8,823

£6,564

Progressive Unionist Party of Northern Ireland

£5,450

£4,316

Accounting unit income and expenditure

Political parties may register 'accounting units’ with the Electoral Commission. These are constituent or affiliated units of a political party, including constituency parties, who have separate finances from the main party.

Three accounting units in Northern Ireland reported income or expenditure between £25,000 and £250,000.

Party

Unit

Income

Expenditure

Democratic Unionist Party - D.U.P.

Westminster Parliamentary Party - MP Grouping

£213,756

£240,234

Alliance - Alliance Party of Northern Ireland

Alliance Assembly Party

£89,302

£75,204

Democratic Unionist Party - D.U.P.

Lagan Valley Westminster Association

£6,240

£33,807

Comparisons with previous years

Figures comparing the Statement of Accounts for political parties and their accounting units with income or expenditure of £250,000 or less for 2017 with 2016 and 2015, the previous time there was a UK Parliamentary General Election are below.

Central parties

 

2015

2016

2017

Income

£608,413

£324,741

£686,180

Expenditure

£586,828

£323,561

£641,773

Accounting units

 

2015

2016

2017

Income

£646,662

£735,098

£309,298

Expenditure

£676,244

£764,247

£349,245

Late submissions

Five political parties in Northern Ireland failed to submit their accounts by their deadline of 30 April 2018. The Commission will review each of these failures in line with its established Enforcement Policy.

The deadline for parties and their accounting units with income or expenditure of more than £250,000 to submit their audited accounts was 7 July 2018. All parties submitted accounts by the deadline and the Commission will publish those accounts later this month.

Full details of the financial accounts that were published today can be viewed on our website. You can also see the financial accounts for 269 political parties in Great Britain  with income and expenditure of £250,000 or less.

Ends

For further information please contact Cahir Hughes in the Electoral Commission press office (Northern Ireland) on 028 9089 4028 or email Chughes@electoralcommission.org.uk. For outside office hours call 07789 920414

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.

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