RCPsych releases Annual Report 2018

Online news
07 June 2019

This week we published our Annual Report for 2018.

The report includes a review of the RCPsych’s performance as a medical royal college, and charity, in 2018, and a full break down of our annual accounts.

The report shows the full breadth of what we did and achieved as a College, and how we spent our members’ and funders’ money.

During the year, we:

  • Helped to shape the NHS Long-Term Plan
  • Secured the highest level of national media coverage in our history
  • Helped prompt the biggest ever year-on-year increase in foundation doctors choosing a career in psychiatry, through our Choose Psychiatry campaign
  • Welcomed almost 2,800 delegates to our International Congress in Birmingham – the highest for any RCPsych conference outside London
  • Published a full year’s worth of our membership magazine RCPsych Insight, which has proved exceptionally popular with our members
  • Successfully rolled out our new relationship with Cambridge University Press, whereby they publish our journals and books
  • Established RCPsych Devolved Councils in Scotland, Wales and Northern Ireland
  • Provided accreditation services to 1,500 mental health services
  • Had more delegates attend our Faculty, Division, Devolved Council and Special Interest Group events than ever before, and
  • Launched our first ever national Quality Improvement collaborative, covering 42 wards across 27 Trusts, as part of a bid to prevent inappropriate physical restraint and other ‘restrictive practices’.

We also continued to manage our finances prudently, ending the year with over six months of operating costs in our unrestricted reserves – which is in line with our Trustee Board’s targets.

We also successfully transformed College IT and, among other, things:

  • Moved key business applications into the cloud
  • Put the College onto superfast broadband, and
  • Launched the new College website.

Finally, we also launched the College’s first set of values and behaviours, with our six values being:

  • Courage
  • Innovation
  • Respect
  • Collaboration
  • Learning, and
  • Excellence.

Our Chief Executive Paul Rees said: “Last year was another period of change and modernisation at the Royal College of Psychiatrists.

“We adopted our first ever full set of values and behaviours, which is embedding a culture across the College that is positive, empowering and enabling.

“On an operational front, we successfully completed a transformation of College IT, with this project being delivered within budget. This is no mean feat, as IT projects have a reputation for failing to deliver their objectives and costing far more than projected.

“In fact, 2018 was a year of achievement for the College all round.”

Read the report