2015 was another positive year for the RCP; our total income was £40.7 million – £1 million higher than the previous year.
The main factors influencing this were an increase in the number of candidates sitting our examinations combined with a continued steady growth in our education and membership activities.
As a result of our expanding activities and our continued investment in the RCP strategy, we have seen our expenditure increase from £37.9 million to £40.5 million. This has mainly been driven by:
- our commitment to improving standards in clinical practice
- continuing to fulfill our commitment to supporting physicians, both regionally and internationally.
Our future financial plans indicate that the RCP’s financial position remains strong, and our planning and risk management processes should help us identify any significant challenges at an early stage.
Our activities and results for the year are described in our downloadable report below.