The SNP says it has strengthened its finances ahead of the next stage of its political campaigning after recording a surplus of more than £500,000 in 2025 and rebuilding its financial reserves.

The party’s annual accounts, published today, show a surplus of £509,903 for 2025, compared with a deficit of £383,707 the previous year, representing a financial turnaround of almost £900,000.

The accounts also show reserves increased from £6,627 to £516,530 over the course of the year.

According to the party, its auditors issued a clean, unqualified opinion on the accounts.

Membership subscriptions remained the SNP’s largest source of income, generating £1.71 million during 2025, which the party said accounted for around 45 per cent of its total income.

The figures come after the SNP’s victory in the Scottish Parliament election in May and ahead of further campaigning on Scottish independence.

Peter Grant, the party’s National Treasurer, said:

“The publication of our annual accounts, with an unmodified, clean audit opinion, shows that the SNP entered the election year in formidable financial strength.

“Due to the sound stewardship of the party’s resources under the leadership of John Swinney we made a surplus of more than £500,000 in 2025, giving us the financial firepower to take our positive, hopeful message to every community, doorstep and device in Scotland, contributing to our historic win in May.

“Funded by overwhelmingly by the generous support from our membership, the SNP is by some margin Scotland’s largest political party. Following on from our election victory in May we will use the party’s strong financial position to put forward the positive case for independence and Scotland’s right to decide.”

The party also said its membership stood at 50,443 on 30 June 2026.

The accounts note that the SNP is continuing efforts to recover the £400,310 embezzled by former Chief Executive Peter Murrell.