THE ROYAL COLLEGE OF PHYSICIANS OF LONDON

Charity number: 210508
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The Charity plays a leading role in the delivery of high quality patient care, by high standards of medical practice and promoting clinical excellence. The Charity provides Physicians in the UK and overseas with education, training and support throughout their careers. The Charity also advises and works with Government, the public, patients and other professions to improve healthcare.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£42,474,508

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Donations and legacies £498.21k
Charitable activities £34.20m
Other trading activities £5.98m
Investments £642.35k
Other £1.16m

Total expenditure:
£43,258,918

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Raising funds £5.89m
Charitable activities £37.23m
Other £135.78k

£1,582,270 investments gains (losses)

Total income includes £4,618,862 from 801 government contract(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £6.03m
Charitable expenditure £37.23m

People

409 Employee(s)

13 Trustee(s)

150 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 20
£70k to £80k 9
£80k to £90k 6
£90k to £100k 2
£100k to £110k 4
£150k to £200k 1

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • General Charitable Purposes
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • Disability
  • Environment/conservation/heritage
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • People Of A Particular Ethnic Or Racial Origin
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
  • Acts As An Umbrella Or Resource Body
  • Other Charitable Activities
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 25 July 1963: Standard registration
Organisation type:
Other
Other names:

No other names

Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

13 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Dr Ganesh Subramanian Trustee 01 August 2024
British and Irish Association of Stroke Physicians
Received: On time
Professor Thomas Solomon Trustee 01 August 2024
None on record
Dr Eileen Burns Trustee 01 August 2024
None on record
Professor Mumtaz Patel Trustee 20 June 2024
None on record
Dr Omar Mustafa Trustee 01 April 2024
None on record
Dr John Dean Trustee 01 August 2023
None on record
Professor John Bateson Trustee 27 June 2023
EUROPEAN SOCIETY OF CATARACT AND REFRACTIVE SURGEONS LIMITED
Received: On time
Dr Fiona Pathiraja Trustee 27 June 2023
None on record
Dominic Whittle Trustee 27 June 2023
None on record
Dr Ananthakrishnan Raghuram Trustee 01 March 2023
THE GLOUCESTERSHIRE CHEST FUND LIMITED
Received: On time
Anne Marie Millar Trustee 07 February 2023
None on record
Katie Smith Trustee 07 February 2023
None on record
Professor Simon Bowman Trustee 31 March 2022
THE SALTWELL WILL TRUST (RESEARCH BRANCH)
Received: On time
THE LONDON FEVER HOSPITAL RESEARCH FUND
Received: On time
THE WILL EDMONDS CLINICAL RESEARCH FUND
Received: On time

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £42.61m £31.02m £34.65m £38.42m £42.47m
Total expenditure £43.90m £34.31m £33.90m £38.90m £43.26m
Income from government contracts £6.06m £4.96m £4.59m £1.98m £4.62m
Income from government grants N/A £1.09m £768.00k N/A N/A
Income - Donations and legacies £594.00k £1.09m £1.23m £579.00k £498.21k
Income - Other trading activities £1.77m £928.00k £1.45m £4.66m £5.98m
Income - Charitable activities £39.08m £27.10m £30.56m £31.92m £34.20m
Income - Endowments £120.00k £0 £0 £0 £0
Income - Investment £1.09m £666.00k £418.00k £489.00k £642.35k
Income - Other £201.00k £1.24m £984.00k £769.00k £1.16m
Income - Legacies £61.00k £670.00k £55.00k £10.00k £231.12k
Expenditure - Charitable activities £41.77m £32.76m £31.78m £34.17m £37.23m
Expenditure - Raising funds £412.00k £1.54m £2.12m £4.52m £5.89m
Expenditure - Governance £62.00k £127.00k £110.00k £191.00k £155.79k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £159.00k £165.00k £154.00k £153.00k £149.50k
Expenditure - Other £1.71m £0 £0 £208.00k £135.78k

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £14.78m £24.74m £27.17m £26.63m £25.66m
Long-term investments £48.19m £32.93m £36.47m £32.81m £27.55m
Other assets £6.20m £17.51m £16.46m £15.25m £13.26m
Defined benefit pension scheme asset or liability -£4.24m -£4.24m -£386.00k £0 £0
Total liabilities £17.46m £25.89m £27.03m £27.81m £19.95m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2023 31 October 2024 On Time
Accounts and TAR 31 December 2023 31 October 2024 On Time Download Open in new window
Annual return 31 December 2022 31 October 2023 On Time
Accounts and TAR 31 December 2022 31 October 2023 On Time Download Open in new window
Annual return 31 December 2021 18 October 2022 On Time
Accounts and TAR 31 December 2021 18 October 2022 On Time Download Open in new window
Annual return 31 December 2020 31 October 2021 On Time
Accounts and TAR 31 December 2020 31 October 2021 On Time Download Open in new window
Annual return 31 December 2019 19 October 2020 On Time
Accounts and TAR 31 December 2019 19 October 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

CHARTER DATED 23 SEPTEMBER 1518 AS AMENDED BY SUPPLEMENTAL ROYAL CHARTER DATED 11 MARCH 1999

Charitable objects

THE MAINTENANCE OF A HIGH STANDARD OF MEDICAL ETHICS AND EDUCATION.

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED

Linked charities

Linked charities
Linked charity 210508-3 AMBUJ NATH BOSE
Governing document
WILL OF LT. COL. AMBUJ NATH BOSE
Charitable objects
AWARDING A PRIZE EVERY TWO OR THREE YEARS FOR RESEARCH BY A MEDICAL MAN IN A SUBJECT TO BE CHOSEN BY THE EXECUTIVE COUNCIL OF THE COLLEGE.
Area of benefit
NOT DEFINED
Registration history
  • 25 July 1963 : Standard registration

Contact information

Address:
ROYAL COLLEGE OF PHYSICIANS
11 ST. ANDREWS PLACE
LONDON
NW1 4LE
Phone:
02030751649
Email:
treasury@rcp.ac.uk
Website:

www.rcplondon.ac.uk Open in new window