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Financial accounts for smaller political parties in Great Britain published

Published: 28 Jul 2017

Financial accounts of political parties and their accounting units in Great Britain, with income and expenditure of £250,000 or less, have been published today by the Electoral Commission. The accounts are for the year ending 31 December 2016.

Party income and expenditure

260 political parties in Great Britain reported having gross income and total expenditure of £250,000 or less in 2016. Only one party reported income and expenditure between £100,000 and £250,000:

Party

Income

Expenditure

Communist Party of Britain

£157,325

£166,832

In total, these parties reported £883,000 income and £798,000 expenditure. Compared to 2015, income of smaller parties decreased by over £427,000 and expenditure reduced by around £692,000.

Full details of the 260 political parties’ financial accounts can be viewed on our website here.

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.

421 accounting units in Great Britain reported income or expenditure between £25,000 and £250,000. In total, these accounting units reported £21,424,000 income and £20,293,000 expenditure.

The 30 accounting units with an income over £100,000 are listed below:

Party

Accounting Unit

Income

Expenditure

Conservative and Unionist Party

Richmond Park

£239,248

£199,707

Liberal Democrats

Bath and North East Somerset

£229,644

£93,787

Conservative and Unionist Party

Aylesbury

£228,121

£177,239

Conservative and Unionist Party

Newcastle Upon Tyne Central

£226,815

£14,565

Conservative and Unionist Party

Kensington

£217,486

£167,797

Liberal Democrats

Wales

£213,277

£200,696

Conservative and Unionist Party

Tatton

£180,620

£178,665

Liberal Democrats

Westmorland and Lonsdale

£179,667

£158,759

Conservative and Unionist Party

Bristol North West

£153,873

£192,097

Conservative and Unionist Party

Surrey Heath

£151,708

£120,217

Liberal Democrats

Parliamentary Party In The Lords

£149,624

£129,649

Conservative and Unionist Party

Witney

£134,198

£131,003

Conservative and Unionist Party

London Region

£133,153

£88,143

Conservative and Unionist Party

Stratford on Avon

£131,672

£128,608

Liberal Democrats

Sheffield

£131,004

£106,590

Conservative and Unionist Party

North Ayrshire and Arran

£123,689

£27,144

Labour Party

Exeter CLP

£123,149

£119,553

Conservative and Unionist Party

Cumbria

£119,819

£82,062

Green Party

London Federation

£118,843

£137,317

Conservative and Unionist Party

Newbury

£117,424

£89,862

Liberal Democrats

Twickenham and Richmond

£116,922

£95,207

Conservative and Unionist Party

Beaconsfield

£115,566

£93,600

Liberal Democrats

Manchester Withington

£115,295

£115,547

Conservative and Unionist Party

Edinburgh East

£110,510

£93,268

Conservative and Unionist Party

Chesham & Amersham

£109,118

£88,744

Conservative and Unionist Party

Croydon Central

£108,940

£99,920

Conservative and Unionist Party

Finchley & Golders Green

£107,732

£125,339

Conservative and Unionist Party

Aberdeenshire

£107,630

£107,850

Conservative and Unionist Party

Welwyn Hatfield

£105,180

£110,975

Labour Party

Brentford and Isleworth CLP

£102,441

£102,252

Full details of all accounting units’ accounts that were published today can be viewed on our website here.

Late submissions

Eighty parties failed to submit their accounts by the deadline of 30 April 2017. The Commission will review each of these 2016 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 2017. All parties, with the exception of the British National Party (BNP), submitted accounts by the deadline and the Commission will publish these later in the year. The Commission will consider the BNP’s failure to submit their accounts by the statutory deadline in line with its Enforcement Policy.

Ends

For further information please contact Cary Mitchell in the Electoral Commission press office on 020 7271 0704 or email cmitchell@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.
  1. Accounting units with income and expenditure that are either £25,000 or less are not required to submit their accounts.
  2. 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.
  3. Figures for income and expenditure have been rounded. Please see online database for exact amounts.
  4. 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.

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