RCP's statutory annual report and accounts for 2011
The RCP was financially strong in 2011 and our operations continue to grow for the future. The total income in 2011 was £32.9 million, £1.2 million higher than in the previous year. The main factors influencing this were: increases in the number of candidates sitting the MRCP(UK) and specialist examinations, particularly overseas; an expansion of the work of the National Clinical Guideline Centre; continued success in obtaining and retaining grant funding; and income from external bookings continuing to be robust.
Professor Linda Luxon, RCP treasurer, says in the treasurer's report: 'The RCP's position at the heart of medical education and standard-setting means that our services, expertise and products continue to be in high demand. This continues to give us some protection against the weakness in the general economy.'
Our activities for the year are described in our downloadable report below.
Annual review 2011
An annual review of our work in 2011 is also available online.
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