Finance Score: 0

Governance Score: 6

Support Score: 4

Excess liquidity: -1
Multiple Deficits: -2
Fundraising costs low: +3

Dynamic board: +3
Gender balanced board: +3

Grant maker support: +4

Overall GiG Score: 10

THE ROYAL COLLEGE OF PSYCHIATRISTS

The Royal College of Psychiatrists promotes mental health by: 1. Promoting quality and standards in psychiatry2. Promoting recruitment and retention in psychiatry3. Delivering training, CPD, exams, and revalidation4. Being the voice of psychiatry5. Promoting research6. Supporting our members

Analysis by Giving is Great

Positives:

Fundraising costs are unusually low relative to funds raised
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Financial issues to consider:

Liquidity appeared to be in excess of CC guidelines at the latest year end especially considering the historic stability of income
On several occasions in recent years income has been less than spending

Established: 61 years

http://www.rcpsych.ac.uk

rcpsych@rcpsych.ac.uk

0208 618 4000

Charity Commission for England and Wales

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff
31/12/22		£22,755	£23,158	£-403	£259	£34,392	£31,966	16.6	366
31/12/21		£21,099	£20,506	£593	£297	£36,563	£34,242	20	356
31/12/20		£18,222	£19,394	£-1,172	£247	£33,761	£31,484	19.5	266
31/12/19		£21,484	£21,463	£21	£280	£33,026	£31,171	17.4	232
31/12/18		£19,877	£21,310	£-1,433	£250	£31,403	£29,486	16.6	227
31/12/17		£23,445	£21,077	£2,368	£256	£33,213	£30,301	17.3	231
31/12/16		£20,942	£18,922	£2,020	£191	£30,213	£27,354	17.3	223
31/12/15	*	£18,954	£17,675	£1,279	£458	£27,030	£24,896	16.9	208
31/12/14		£17,173	£16,750	£423	£639	£26,018	£24,780	17.8	201
31/12/13		£30,490	£16,996	£13,494	£598	£25,422	£23,483	16.6	193
31/12/12		£17,165	£15,867	£1,298	£380	£11,099	£9,284	7	190
31/12/11		£17,034	£16,184	£850	£391	£9,561	£8,149	6	197
31/12/10		£17,446	£15,874	£1,572	£379	£8,807	£7,470	5.6	194
31/12/09		£15,000	£14,402	£598	£371	£7,101	£6,607	5.5	172
31/12/08		£13,540	£13,494	£46	£348	£6,392	£5,980	5.3	168
31/12/07		£12,900	£13,031	£-131	£439	£6,591	£6,112	5.6	163
31/12/06		£12,147	£12,013	£134	£0	£0	£0	n/a	0
31/12/05		£11,515	£10,830	£684	£0	£0	£0	n/a	0
31/12/04		£9,766	£9,535	£231	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 1.5%
Fundraising Costs/Total Spending: 1.5%
Senior Staff Costs/Total Spending: 13%
Highest pay band: £150,000-£200,000
Liabilities/Assets: 17%
Liabilities/Income: 32%
Unrestricted Funds/Total Funds: 93%
Reserves/Spending: 16.6 months
Net Current Assets/Spending: 1 months
Quick Ratio: 0.6

Asset Split ?

Listed activities

Education/Training
General Charitable Purposes
The Advancement Of Health Or Saving Of Lives

How it operates

Other charitable activities
Provides advocacy/advice/information
Provides services
Sponsors or undertakes research

Where it operates

Northern Ireland, Scotland,

Who it helps

The General Public/Mankind

Who works here?

366 employees

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
Masonic Trust - MCF Medical Research
£174,000	12/06/2019	A grant to fund 1 PhD studentships to conduct research into Psychiatric Conditions
Gatsby Charitable Trust - Towards continuing the work of the Integrating Neuroscience project
£165,000	27/06/2018	A three-year grant to support the continued work of updating the training curriculum and associated materials for psychiatrists, specifically aimed at increasing the neuroscience component to meet ....more A three-year grant to support the continued work of updating the training curriculum and associated materials for psychiatrists, specifically aimed at increasing the neuroscience component to meet the needs of modern day mental health research and treatment.
Gatsby Charitable Trust - Towards continuing the work of the Integrating Neuroscience project
£165,000	27/06/2018	A three-year grant to support the continued work of updating the training curriculum and associated materials for psychiatrists, specifically aimed at increasing the neuroscience component to meet ....more A three-year grant to support the continued work of updating the training curriculum and associated materials for psychiatrists, specifically aimed at increasing the neuroscience component to meet the needs of modern day mental health research and treatment.
Gatsby Charitable Trust - Review and update of the training curriculum for psychiatrists
£220,000	26/11/2015	A grant, in partnership with the Wellcome Trust, towards the review and update of the training curriculum for psychiatrists, specifically aimed at increasing the neuroscience component to meet the ....more A grant, in partnership with the Wellcome Trust, towards the review and update of the training curriculum for psychiatrists, specifically aimed at increasing the neuroscience component to meet the needs of modern day mental health research and treatment.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (12)

Current Trustees appointed

Gender Split

Based on 10/12 persons

CINDY LESLIE Appointed: 2019

DR GERTRUDE SENEVIRATNE Appointed: 2020

DR JOHN CRICHTON Appointed: 2020

DR JOSANNE HOLLOWAY Appointed: 2022

DR SHUBULADE SMITH CBE Appointed: 2023

DR WILLIAM LEE BOLAND Appointed: 2023

KAREN TURNER Appointed: 2019, Other trusteeship: Strength & Learning Through Horses,

MEERA NAIR Appointed: 2021, Occupation: Director Of Workforce, Other trusteeship: THE MAYA CENTRE,

PROFESSOR RAFEY FARUQUI Appointed: 2021

PROFESSOR SUBODH DAVE Appointed: 2021, Other trusteeship: DOCTORS IN DISTRESS,

RICHARD WILSON Appointed: 2021

SALLY SPENSLEY Appointed: 2020

Legal constitution

Charity registered in England & Wales on 21/08/1963, number: 228636
Registered at Companies House on 01/01/1970, number: RC000463

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management

Filing Record

19 returns made; AR15: 30 days late,

Main office

21 PRESCOT STREET
LONDON
E1 8BB

Objectives

(A) ADVANCE THE SCIENCE AND PRACTICE OF PSYCHIATRY AND RELATED SUBJECTS. (B) FURTHER PUBLIC EDUCATION THEREIN. (C) PROMOTE STUDY AND RESEARCH WORK IN PSYCHIATRY AND ALL SCIENCES AND DISCIPLINES CONNECTED WITH THE UNDERSTANDING AND TREATMENT OF MENTAL DISORDER IN ALL ITS FORMS AND ASPECTS AND RELATED SUBJECTS AND PUBLISH THE RESULTS OF ALL SUCH STUDY AND RESEARCH.

Defined Area of Benefit:

NOT DEFINED

Data Sources