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Financial accounts for smaller political parties published

Published: 2 Aug 2018

Financial accounts of political parties and their accounting units in Great Britain, 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

271 political parties in Great Britain reported having gross income or expenditure of £250,000 or less in 2017. Five parties reported income and expenditure between £50,000 and £250,000:

Party

Income

Expenditure

British National Party

£229,666

£212,060

Communist Party of Britain

£118,231

£117,530

Upminster and Cranham Residents Association

£99,474

£90,523

The Socialist Party of Great Britain

£82,840

£109,008

National Health Action Party

£74,469

£64,252

The full details of the 269 political parties’ financial accounts are available on our website, where you can also see the financial accounts for 20 political parties in Northern Ireland with income and expenditure of £250,000 or less.

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, which have separate finances from the main party.

536 accounting units in Great Britain reported income or expenditure between £25,000 and £250,000. In total, these accounting units reported £32,545,617 income and £29,775,799 expenditure.

The 26 accounting units with an income over £150,000 are listed below. A further 36 reported income between £100,000 and £150,000.

Party

Unit

Income

Expenditure

Liberal Democrats

Cambridgeshire County Co-Ordinating Committee

£244,590

£238,911

Liberal Democrats

Twickenham and Richmond

£241,564

£228,499

Labour Party

National Trade Union Liaison

£238,126

£214,386

Conservative and Unionist Party

Bristol North West

£228,151

£202,265

Liberal Democrats

Hazel Grove

£224,855

£191,497

Liberal Democrats

Sheffield

£222,428

£175,294

Conservative and Unionist Party

Aylesbury

£222,295

£237,540

Liberal Democrats

Westmorland and Lonsdale

£222,148

£219,238

Conservative and Unionist Party

The Cotswolds

£211,767

£190,194

Conservative and Unionist Party

Croydon Central

£201,306

£171,472

Liberal Democrats

Sutton

£201,073

£202,940

Conservative and Unionist Party

Surrey Heath

£192,017

£203,098

Conservative and Unionist Party

Richmond Park

£184,253

£181,418

Liberal Democrats

Torridge and West Devon

£176,475

£8,195

Liberal Democrats

Cheltenham

£174,305

£169,333

Conservative and Unionist Party

Watford

£173,700

£166,992

Conservative and Unionist Party

Stratford on Avon

£168,407

£157,271

Conservative and Unionist Party

Kensington

£168,316

£145,827

Conservative and Unionist Party

East Worthing and Shoreham

£163,998

£48,058

Liberal Democrats

St Albans

£161,830

£135,007

Liberal Democrats

Wales

£160,459

£134,692

Liberal Democrats

Southwark Borough

£159,636

£106,838

Conservative and Unionist Party

Hampstead and Kilburn

£159,427

£203,514

Conservative and Unionist Party

Tatton

£155,567

£159,306

Labour Party

Exeter CLP

£153,613

£129,406

Liberal Democrats

Bristol

£150,504

£131,055

View the full details of all accounting units’ accounts that were published today on our website; you can also see the full details for Northern Ireland accounting units’ accounts  published today.

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

£1,783,967

£1,209,972

£1,226,091

Expenditure

£1,961,326

£1,172,890

£1,179,184

Accounting units

 

2015

2016

2017

Income

£26,918,491

£21,503,670

£32,545,617

Expenditure

£27,897,522

£20,356,306

£29,775,799

 

Late submissions

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

The deadline for political 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 these later this month.

Ends

For further information please contact the press office on 020 7271 0704 or email press@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.

  2. Accounting units with income and expenditure that are either £25,000 or less are not required to submit their accounts.
  3. Financial accounts of political parties and their accounting units in Northern Ireland, with income and expenditure of £250,000 or less, 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 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.

Journalist