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PUBLICATION OF POLITICAL PARTY ACCOUNTS

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The Electoral Commission today publishes the financial accounts of political parties and accounting units whose tot...
The Electoral Commission today publishes the financial accounts of political parties and accounting units whose total income or gross expenditure for 2003 was£250,000 or less. Parties spending in excess of this figure are required to submit their statements to the commission by 7 July 2004.

Accounts have been submitted to the commission from 139 political parties. In addition, the following parties have submitted returns for 331 of their accounting units whose total income or gross expenditure exceeded£25,000 but was less than£250,000.

British National Party

The Conservative and Unionist Party

Democratic Unionist Party (DUP)

Labour Party

Liberal Democrats

Plaid Cymru - The Party of Wales

United Kingdom Independence Party

One hundred and five political parties reported party spending of less than£5,000 in 2003 and 34 parties confirmed spending of between£5,000 and£250,000.

The Political Parties and Referendums Act (PPERA) 2000 requires that all parties whose total income or gross expenditure was£250,000 or less and accounting units whose expenditure is in excess of£25,000 but less than£250,000 submit an annual statement of accounts to the Electoral Commission by 31 March. Returns in excess of this amount should be reported to the commission by 7 July.

Roger Creedon, chief executive of The Electoral Commission said: 'The publication of party accounts adds to the transparency of how parties receive and use their funding. This is an important factor in building trust in our political structures.'

Full details of the political parties and their accounting units can be found on the Commission's website at www.electoralcommission.org.uk

Note:

The Electoral Comm ission is an independent body established by UK Parliament. It aims to ensure public confidence and participation in the democratic process within the United Kingdom through modernisation of the electoral process, promotion of public awareness of electoral matters, and regulation of political parties.

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