AnnuAl RepoRt

2011

Mission

To transform child health through

knowledge, innovation and expertise.

Vision

A healthier future for children and

young people across the world.

Values

AUTHORITATIVE

Recognised and respected as the

authority on child health.

MODERN

Committed to leading the way in

paediatric research and training.

INFLUENTIAL

Champions of the best health outcomes

for children and young people.

PROFESSIONAL

The standard bearer of child health

within the medical profession.

ContentsFrom the president

From the Ceo

Child health

Setting and raising standards

Membership

Sustainability

people

Finance

Fundraising

02

04

06

08

10

12

14

16

20

02

From the Presidentthis is the last of my three years as RCpCH president. Since I took office, a great deal has changed – both outside and inside the College. I want to take this opportunity to review where we stand in our core work of representing our members and arguing for the best possible provision in child health.

The Government’s Health and Social Care Bill completed its parliamentary scrutiny and is now law. The College has been engaged in the debates around it from the start. We secured a number of changes and amendments, perhaps most importantly the establishment of a Children’s Forum to highlight the particular issues relevant to children and young people.

Professor Terence Stephenson, President

At the start of 2012, however, it became clear that

the Bill was encountering opposition from health

professionals across the field. We undertook a UK wide

survey of members to ascertain their views on the Bill,

and Council subsequently endorsed the survey result

that we should call for withdrawal of the Bill. Although

the Bill has none the less passed into law and whatever

the outcome of the Government’s reform programme,

it’s clear that we must continue in our obligation

to fight for children’s health – whether through the

Children’s Forum or otherwise. Our profile throughout

this work, though, reflects one of my goals: that the

College should always work to ensure that children’s

health is “on the radar” of the media and other opinion-

formers. This was an issue that Sir Ian Kennedy’s 2010

report, Getting it right for Children and Young People,

highlighted. The increased media coverage we have

achieved over the last few years certainly demonstrates

a great deal of progress.

03

I have been engaged with raising the profile of

children’s health in a number of ways during my

Presidency. I have been a member of the GMC’s major

new review on child safeguarding, Protecting children

and young people: the responsibilities of all doctors.

There was a consultation in late 2011, and I am hopeful

that the final version will be a significant landmark in

clarifying the vital work we and other professionals all

do on child protection.

We have always been engaged in providing education

courses and material of the highest quality. In 2012

our Annual Conference will be held in Glasgow for

the first time. In 2013 it will again return to Glasgow

but combined with the two-yearly Europaediatrics

conference. I am extremely pleased that the College-

sponsored bid for 2013 was able to secure the first

Europaediatrics conference in the UK.

We have also launched a much wider portfolio of

courses throughout the year, building on the success of

courses such as Child Protection: From Examination to

Court. The new “How to Manage…” series offers a range

of short courses aimed at different paediatric

specialties such as allergy or nutrition, and we are keen

to expand its range.

However, the work of establishing these courses has

brought home to us how much wider the reach our

education provision could be if we were to have

purpose-built facilities. Accordingly, we have launched

a major new appeal to build an Education Centre, with

state-of-the-art facilities that will permit distance as

well as in-person learning throughout the UK and with

global reach. Our Patron, HRH the Princess Royal, at a

reception at St James’ Palace in March 2012, formally

launched the appeal.

In the meantime, we have also been working on

infrastructure projects that will deliver better services to

our members and other stakeholders. For instance, we

launched a new College website in April 2011. Apart from

having a refreshed design, it allows much more

interactivity and personalisation for members. The

College’s web presence will become increasingly

important as we move towards the implementation of

revalidation. Despite these and other new developments

at the College, I am pleased that we have been able to

keep increases in member subscriptions significantly

below Consumer Price Index (CPI) inflation, as I

promised in my original manifesto.

The College’s journal, Archives of Disease in Childhood

(ADC), continues to set a high standard. We were all

very sad to see Prof Howard Bauchner depart as

Editor-in-Chief this year. It is a mark of the esteem in

which he and the journal are held that he has gone on

to be Editor of the Journal of the American Medical

Association. Howard’s successor at ADC is Dr Mark

Beattie, and we have great hopes for the development

of the journal under his leadership.

ADC is one of the means by which the College ensures it

has a high profile internationally. We have also expanded

our international work under Steve Allen and our new

Head of International Operations, Justin Thacker.

At the same time we have also expanded the number

of countries in which we run the College’s exams. The

introduction of our MRCPCH to India is a major step

forward and I hope that many other countries’ doctors

will find it useful to work towards this clinically rigorous

and well-tested exam. As a local trainee told the

Egyptian Minister of Health, “preparing for this exam has

improved my care of Egyptian children”.

The central theme to all of these developments, of

course, is improving the healthcare offered to children.

The expertise of our members is our indispensable

asset in doing this. I am enormously grateful to all

those members who give freely of their time to support

our work – whether it be in examinations, responding to

consultations, or serving on committees.

My time as College President has been a great privilege.

I have had the chance to meet a wide range of members,

and I hope that we have been able to respond to their

concerns more fully than ever before. I have also been

able to rely on superb support from the College staff, led

since 2010 by Chris Hanvey. I am sure that my successor

Hilary Cass will take the College forward in proactive

and innovative ways. My very best wishes to all of you.

04

From the CEOno one can accuse the RCpCH of standing still. Since I arrived in February 2010, we have been engaged – with the essential support of our officers and staff – in achieving our goals within an increasingly challenging environment.

From the College’s point of view, those challenges include the generally less favourable economic climate, some longstanding financial issues, the pressures on the uK health services and the government’s planned reforms to the english health and social care service. this year has seen us complete a number of important pieces of groundwork, and has left us in a strong position to face whatever the future may bring. We have,

for example, launched a capital fundraising appeal, we have generated new income for international work and we have set in train a review of our governance structure.

05

The staff restructuring which I described last year has

been completed. We have recruited to all the posts

originally envisaged. The RCPCH is now organised

into four divisions: Communications, Corporate

Services, Education and Training, and Research and

Policy. As a result of the restructuring, we have new

functions to deliver international work, public affairs

and campaigning. But at the same time, we should

acknowledge the everyday, vital work of the Education

and Training and Research and Policy divisions who are

at the heart of the RCPCH’s existence. We also have a

much improved Human Resources and Organisational

Development team. This last change is crucial in ensuring

that one of our goals is met: allowing all the RCPCH’s

staff to perform as well as possible, and embedding

a robust culture of performance management in

everything we do. That is why we now have a series

of key performance measures, against which we must

be held accountable. “Better”, as the British Olympics

team state, “never stops”.

Over and above this, Council and senior staff have

worked to produce a new RCPCH Plan. This covers the

years 2012-15 and sets out our aspirations according

to five key areas:

- Child Health

- Setting and Raising Standards

- Membership

- Sustainability

- People

As you read through this Annual Report, I hope you

will see both what we have accomplished in each of

these areas and what our ambitions are for the future.

As the President says in his report, a great deal has

been achieved in the last few years. I am very grateful

to RCPCH staff old and new for their commitment and

hard work. But I would not wish to seem complacent

about the achievements of the last year. The RCPCH

Plan makes clear that we have many new challenges

to face if we are to become a truly responsive and

effective organisation in our field. Responsive, first and

foremost to members, but also to funders, political

administrators in the four nations and the wider world

of medical education and training. We are focussed,

above all, on the RCPCH’s central goal: that everything

it does should provide the greatest possible benefit

for children’s health.

Dr Chris Hanvey,

Chief Executive Officer

Goal: play a key role in influencing children and young people’s health in the uK and internationally. Concentrating on this, as the primary focus of the College, will help to address child mortality, obesity and well being.

06

Child health

07

the RCpCH has always placed child health at the centre of its work. In 2010-11, it undertook an ambitious programme of lobbying and policy formulation, especially in response to the uK Government’s Health and Social Care Bill. A number of changes were secured in the Bill, including the establishment of a Children’s Forum to ensure that the specific needs of children and young people were safeguarded.

A number of major research projects have begun or

continued in 2010-11, including the UK Child Health Review

(www.rcpch.ac.uk/chr-uk) and audits of national provision

for diabetes, epilepsy, and decreased consciousness. In

addition, the British Paediatric Surveillance Unit (BPSU)

celebrated the 25th anniversary of its work on the

epidemiology of rare diseases. Although the BPSU’s

funding from the Department of Health is scheduled

to expire in 2012, the RCPCH has made a commitment

to continue undertaking rare disease surveillance work.

At the same time, the RCPCH made a major new

commitment to its international work. This was

embodied in a new International Strategy, on the basis

of which bids were successful to the Department for

International Development for government support

of a range of projects.

The new Communications Division has provided enhanced

support and publicity for all these areas of work, via

effective media and campaign releases, the RCPCH

website, print publications, and email bulletins. A new

Media and Campaigns team is helping to drive a more

proactive approach to ensuring the RCPCH’s point of view

is seen and heard by as wide an audience as possible and

is supported by work undertaken by the communications

teams. As an example of this, the President’s campaign

against smoking in cars when children are present has

gained widespread media coverage.

Dr. John Wachira, ETAT+ Lead at the Kenya Paediatric Association, is working with the RCPCH to roll out a major new ETAT+ (Emergency Triage Assessment and Treatment) iniative in East Africa.

2010 – 2011 ACHiEvEmEnTs

n Launch of Intercollegiate safeguarding competences, September 2010

n Expansion of “Medicines for Children” leaflet programme

n Launch of “HeadSmart” campaign to promote brain tumour awareness

2011 – 2012 TARgETs

n Secure the engagement of children, young people and families

n Raise the RCPCH’s profile in the media by 10% each year

n Improve safety in paediatric healthcare and reduce preventable child deaths

n Raise awareness and influence behaviours of business, government, parents and children

08

Setting and raising standardsGoal: ensure high standards of evidence-based training, assessment, education, clinical practice and service provision.

n Defining the competences required for trainees at

various levels of their career progression.

n Providing online tools (ASSET and E-portfolio)

by which trainees can monitor their progress.

n Examining the achievement of competences in child

health through the MRCPCH and DCH examinations.

n Running a Continuing Professional Development

programme for UK paediatricians.

n Delivering a comprehensive Clinical Standards

programme to ensure that paediatricians have

access to the latest evidence based resources

in the field.

n Delivering a portfolio of courses and events to

support these standards, including the flagship

Annual Conference each spring.

Over the last year, the RCPCH has greatly expanded

the range of courses it offers, including a new “How to

Manage…” series.

In the coming year, major challenges will include the

introduction of revalidation, the new system for ensuring

that all doctors maintain their competence in practice.

In addition, the 2013 RCPCH Annual Conference will be

held jointly with the biennial Europaediatrics meeting

– the first time Europaediatrics has been held in the UK.

2010-11 ACHiEvEmEnTs

n To set and monitor the standards and training for

clinical practice of the paediatric workforce.

The General Medical Council (GMC) commended the RCPCH for its

support of educational supervisors and the annual specialty report

on the MRCPCH review of exam data. This showed pass rates have

improved and the RCPCH review of the ARCP processes across

the deaneries including the introduction of a new trainers report.

The RCPCH ran a significant number of education projects across

the UK including nutrition courses, safeguarding courses, practice

educators programme, international courses and e-learning modules.

n Supporting Quality Improvement through the

development of quality indicators and building on

the commendation by the General Medical Council

for the quality framework submitted by the College.

The RCPCH recognised an opportunity for improvements to work

streams and services and engaged in a whole systems approach to

changing them with a focus on efficiency, the products and

outcomes, and teamwork.

n To develop ‘Policy Briefings’ on a minimum of 5 key

issues over a 12-month period to enhance the

influence of RCPCH in the wider policy arena.

The RCPCH submitted a total of 41 consultation responses, which

influenced policy, including the Health and Social Care Bill, and

standards on areas such as child protection, public health and

service delivery. We also produced five comprehensive policy

bulletins for clinical leads, one formal position statement on

breastfeeding and a draft position on obesity. We also delivered five

successful policy breakfast events for high-level key stakeholders.

other notable achievements during the financial

year include:

n 178 CPD courses were approved compared

to 52 in 2009/10.

n Revised revalidation standards for paediatrics were

developed during spring 2011 and submitted to the

Academy of Medical Royal Colleges in July 2011 for

use in 2nd stage pilots, starting in August 2011.

09

the RCpCH has a wide-ranging remit to set and raise standards in paediatrics and child health. the activities it undertakes in pursuit of this goal include:

2011-12 TARgETs

n To set, monitor and improve the standards for

training in the clinical practice of the children’s

healthcare workforce

n Assist the paediatric workforce to develop

competence to deliver children and young

people’s services

n Publish 7 key resources each year to support

practioners to improve practice and deliver high

quality care

10

Goal: Develop and deliver a high quality service for Members.

Membership

2010-11 ACHiEvEmEnTs

n To go live with a new website on a

new ‘platform’..

The RCPCH launched the new website in spring

2011 and continues to make further improvements

to engage further with its members and streamline

internal processing.

11

the RCpCH has over 13,500 members – across the uK and overseas. Membership has grown consistently since the creation of the RCpCH in 1996. Many members provide valued expertise for the RCpCH’s work, for instance by volunteering as examiners or sitting on RCpCH committees. It is essential to the RCpCH’s work that it understands the needs of members and delivers them as fully as possible.

It is with this in mind that the RCPCH has begun a

new drive to focus on the benefits that members

receive. The new RCPCH website, launched in April

2011, is one result of this. The new website will provide

members with much greater ability to personalise their

interaction with the RCPCH. Already, members can

log in to update their contact details. Our aim is to

ensure that by the end of 2012 it is hoped that the

website will offer the opportunity to register online

for exams and to book RCPCH courses online.

A RCPCH Facebook group and Twitter feed have also

provided new ways of interacting with members and

understanding their views.

The RCPCH is particularly concerned to ensure it is

delivering services to all groups of members. With a

growing population of trainees and SSASG doctors,

it is especially important to ensure that the RCPCH

is representing the views of these members.

More targeted communications to members will go

along with a more personalised experience on the

website. As the RCPCH’s provision of courses and

education material grows, we aim to have them

tailored far more to the needs of specific sections

of the membership.

“The RCPCH’s new website, launched in April 2012, provides increased facilities for our members.”

2011-12 TARgETs

n Secure additional income through a targeted

fundraising campaign

n Deliver a high quality service to members

n Increase Associate membership and

overseas membership

n Expand the IT website capabilities for members

12

Goal: protect, utilise and develop all the assets of the College. At the same time, we will increase and diversify income streams.

Sustainability

13

2010-11 ACHiEvEmEnTs

n To successfully launch and thoroughly embed

the new College brand.

The new branding for the College was launched in

November 2010 and is now fully embedded across

the College.

the RCpCH will only be successful in achieving its goals if it is able to create a solid foundation – in terms of its finances, reputation, and governance – for all its activities.

As the Hon Treasurer’s report sets out, the year’s

financial performance has been good overall. Two

significant outstanding financial issues are being

resolved this year, around pensions and VAT. Although

there are some negative consequences around both,

the resolution of these issues will remove significant

uncertainty around the RCPCH’s finances.

Other notable achievements during the financial year

include a successful fundraising event in August 2011

for the David Baum International Foundation.

The Sustainability goal in the RCPCH’s 2012-2015

Plan envisages both the creation of new sources

of income and the augmentation of existing ones.

So, for instance, the RCPCH’s new ventures into

International work will only be viable in the

long-term if grant funding is secured that matches

the RCPCH’s goals. Similarly, the expansion of

provision of MRCPCH and DCH exams into new

countries can only continue as demand for those

exams continues to grow – which, in turn, depends

on the rigour and high quality of those exams.

But sustainability is not only a financial issue. In 2012,

a major review of the RCPCH’s governance will be

undertaken, in order to ensure that its structures are

responsive to members’ needs and fit for purpose in

the current environment. Sustainability also depends

on the RCPCH continuing to build its profile in the

public arena so that it is seen as a “go-to” organisation

for concerns about child health.

Further 2012 projects which will support this goal include

a drive to increase the RCPCH’s reserves and enhance the

net income derived from its research and policy activities.

“The College is working towards an ambitious new goal of establishing an Education Centre – a launch for this campaign was held at st James’s Palace in march 2012.”

2011-12 TARgETs

n Generate at least £500,000 of grant funding

by 2014

n Increase RCPCH reserves

n Increase candidate numbers entering

MRCPCH and/or DCH Examinations

n Increase net income from research and

policy activities

14

People

15

The RCPCH can only achieve its other goals if its

staff are performing to the best of their abilities in

an environment that supports and challenges them.

In order to achieve this, the RCPCH has agreed an

ambitious new People Strategy, which aims to create

a culture of continuous improvement in how the

RCPCH’s work is delivered.

A new Human Resources and Organisational

Development team has been established, with the

mandate to deliver the People Strategy. Early work

by this team has included the creation of a Leadership

Development Programme for all managers at the

College, and a Senior Leadership Development

Programme for members of the Senior Management

team. In addition, a new online HR system has been

established, enabling automatic monitoring of

sickness, leave, and giving staff many more tools

to view their records as employees.

This builds on the work conducted in 2010-11, when

a full restructuring of the RCPCH’s staffing structure

was undertaken. That restructuring is now complete,

with the RCPCH organised into four divisions –

Communications, Corporate Services, Education and

Training, and Research and Policy – mapping much

more closely to its needs.

Goal: put in place a progressive, enabling people Strategy so all RCpCH staff are enthused and equipped to deliver the organisational goals and to establish the RCpCH as a responsive body which is quick to answer members’ needs. to ensure that members and officers who engage directly with delivery of the RCpCH’s work are effectively supported.

RCPCH Leadership Development Programme Brochure

2011-12 TARgETs

n Develop and implement an action plan

for the RCPCH to be regarded as an

employer of choice

n Implementation of a Leadership Development

Programme and Performance Management

Framework for the RCPCH

16

FinAnCiAL issUEs

Whilst the Royal College of Paediatrics and Child Health

has had another successful year, the current senior staff

and officers have been dealing with two significant

financial issues, which have arisen as result of decisions

taken a number of years ago.

The first issue arises following the purchase of our

Head Office in Theobalds Road. The RCPCH purchased

the property under the assumption VAT was not

applicable. However, HMRC has appealed against this

and we are anticipating this being settled by Tribunal

in 2012. If unsuccessful the RCPCH will be required to

pay the due VAT and the cost will be c. £2.0m.

The second issue surrounds a previous staff pension

scheme which the RCPCH has decided to withdraw

from as we have been unintentionally in breach for

many years of the original terms agreed in the 1970s.

The cost to the RCPCH is £1.3m and has been

accounted for within the figures presented for 2010/11.

Whilst these financial issues are significant they will

not threaten the long-term goals and vision of the

RCPCH. The RCPCH has a very healthy balance sheet,

a strong cash flow and preliminary terms have already

been agreed with our bankers to extend the mortgage

should the VAT debt arise.

Treasurer’s Report

2010-11 ACHiEvEmEnTs

n A 6% increase in membership income to £3.4m. The

number of members increased from 12,105 to 12,636.

n Assessment income increased by 4% to £3.0m, whilst

costs have reduced by £0.3m.

n Publications income broke £1m for the first time.

n Income from our trading subsidiary increased by

84% to £0.3m due to attracting more exhibitions at

the annual conference and increased revenue from

renting rooms within our building.

n Events income is £0.4m, 17% higher than last year.

The success is built on the Annual Conference and

hosting a number of training events. Expenditure is

broadly in line with last year.

n Restricted income is marginally higher then 2009/10

at £1.3m.

n Cash balances remain strong at £4.4m.

n The finance department has reconfigured the finance

system to improve financial reporting.

n Our mortgage debt has reduced by £0.3m during the

financial year, this is ahead of schedule and double

the previous financial year.

n Three-year Corporate Services strategy approved.

FURTHER InFORMATIOn: The full financial statements are available on the College website, www.rcpch.ac.uk. Transparency throughout the College

is important and encouraged particularly within finance. If you have any queries about the finances of the College, please do not hesitate to contact

me (rcpchtreasurer@gmail.com) or David Howley (david.howley@rcpch.ac.uk), Director of Corporate Services.

inCOmE

The RCPCH has achieved income in excess of £10m

for the financial year 2011/12. This income is similar

to the previous financial year and shows stability

within the RCPCH’s financial activity. The graph

shows trends over a six-year period.

Within our general fund, income has increased by

2% to £8.7m and restricted income has increased

by 4% to £1.3m. An increase in restricted income is

very positive especially given the external market

where the availability of securing income has

contracted significantly in the last twelve months.

Designated income has fallen by £0.3m as a result of

one significant donor in the previous financial year.

17

EXPEnDiTURE

Expenditure for the year is £11.4m, an increase of

£1.1m from 2009/10. The reason for this increase

is a one-off pension liability cost of £1.3m.

Excluding this from the calculation would result

in expenditure being £0.2m lower than 2009/10.

The graph shows the trend over the six years.

The RCPCH is pleased how well expenditure

has been controlled during the year especially

given the external pressures on costs. The most

significant variances is due to a one off pension

liability of £1.3m. The other large variances are

within Education and Training and Policy and

Research. This is a result of these divisions being

restructured during the year so they are not

directly comparable. However, reviewing jointly,

expenditure in 2009/10 is broad the same

as 2010/11.

REsERvEs

Reserves for the RCPCH are £17.3m, a reduction of

£1.3m. The reserves are predominantly unrestricted

funds, totalling £15.8m, with restricted funds

accounting for £1.5m.

Whilst our unrestricted reserves are high at £15.8m,

our free reserves are lower than they were. This is

due to the majority of our unrestricted fund being

tied up within our freehold property in London.

This is not a concern for the RCPCH as we are a

membership organisation with a very strong cash

flow. We aim to keep reserves relatively low as it is

not financially favourable for the RCPCH to hold

reserves earning a low interest rate whilst holding a

mortgage on its property at a higher interest rate.

During 2010/11 the RCPCH increased its mortgage

payments to service this debt quicker.

Dr. David vickers, Honorary Treasurer

2006 2007 2008 2009 2010 2011

£10

£12

£8

£6

£4

£2

£0

2006 2007 2008 2009 2010 2011

£10

£12

£8

£6

£4

£2

£0

Mill

ion

Mill

ion

Year ended 31 August

Year ended 31 August

normal College activity One off pension liability

18

ACCOUnTs FOR FinAnCiAL PERiOD 1 sEPTEmBER 2010 TO 31 AUgUsT 2011

sTATEmEnT OF FinAnCiAL ACTiviTiEs AUDiT REPORT

The Statement of Financial Activities and Balance Sheet are not the full statutory accounts but are a summary of the information which appears in the full accounts. The full accounts have been audited and given an unqualified opinion. The full accounts were approved by the Trustees on 7 March 2012 to be updated and a copy has been submitted to the Charity Commission and Registrar of Companies. These summarised accounts may not contain sufficient information to allow for a full understanding of the financial affairs of the Company. For further information the full annual accounts, including the auditor’s report, which can be obtained from the Company’s offices, should be consulted..

2011 2010 Total TotalinCoMinG ResouRCes £ £incoming Resources from Generated Funds Voluntary income 19,715 106,675Activities for generating funds 260,051 141,605Investment income 34,825 49,065incoming Resources from Charitable activities Assessment 2,978,501 2,858,983Events 380,878 324,348Education and Training 729,903 1,524,170Research and Policy 1,067,757 735,499Members’ subscriptions 3,358,589 3,181,832Publications 1,009,468 951,871Other income 240,244 320,952Total incoming Resources 10,079,931 10,195,000 ResouRCes eXPenDeD Costs of Generating Funds Costs of generating voluntary income 10,943 35,032 Fundraising Trading: Costs of goods sold and other costs 45,775 49,624Charitable activities Assessment 2,240,885 2,545,810 Events 366,559 368,613 Education and Training 1,922,279 2,746,938 Research and Policy 1,905,442 1,136,951 Other professional activities and standards 4,867,080 3,413,474 Governance Costs 40,640 37,999Total Resources expended 11,399,603 10,334,441net Resources expended / net incoming Resources before Transfers (1,319,672) (139,441)Transfer between funds 0 0net Movement in Funds (1,319,672) (139,441)Fund balances brought forward 18,643,294 18,782,735Total Funds Carried Forward 17,323,622 18,643,294

BALAnCE sHEET GRouP 2011 2010 £ £Fixed assets Tangible assets 19,462,493 19,432,073 Investments 2 2 19,462,495 19,432,075 Current assets Stock of Publications and Merchandise - - Debtors 1,248,056 1,007,685 Cash at bank and in hand 4,407,656 4,661,909 5,655,712 5,669,594Creditors: amounts falling due within one year (4,236,881) (2,571,648)net Current assets 1,418,830 3,097,946Total assets less current liabilities 20,881,325 22,530,021Creditors: amounts falling due after more than one year (3,557,704) (3,886,727) net assets 17,323,622 18,643,294 Represented By: unrestricted Funds including Designated Fund 15,834,981 17,048,577Restricted Funds 1,473,786 1,579,862Permanent endowments 14,855 14,855Total Funds of the College 17,323,622 18,643,294

inDEPEnDEnT AUDiTORs’ sTATEmEnT TO THE TRUsTEEs OF THE ROyAL COLLEgE OF PAEDiATRiCs AnD CHiLD HEALTH

We have examined the summarised financial statements of the Royal College of Paediatrics and Child Health for the year ended 31 August 2011, which comprise the Summary consolidated statement of financial activities, and the Summary consolidated balance sheet set out on page 18 which are contained within the charity’s non-statutory summarised Annual Report. The summarised financial statements are non-statutory accounts prepared for the purpose of inclusion in the summarised Annual Report, as explained above.

This statement is made, on terms that have been agreed with the charity, solely to the charity, in order to meet the requirements of Accounting and Reporting by Charities: Statement of Recommended Practice (revised 2005). Our work has been undertaken so that we might state to the charity those matters we have agreed to state to it in such a statement and for no other purpose.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity for our work, for this statement, or for the opinions we have formed.

REsPECTivE REsPOnsiBiLiTiEs OF TRUsTEEs AnD AUDiTORs

The trustees are responsible for preparing the summarised financial statements in accordance with applicable United Kingdom law and the recommendations of the charities SORP.

Our responsibility is to report to you our opinion on the consistency of the summarised financial statements with the full financial statements and the Trustees’ Annual Report. We also read the other information contained in the summarised Annual Report and consider the implications for our report if we become aware of any apparent misstatements or material inconsistencies with the summarised financial statements.

We conducted our work in accordance with Bulletin 2008/3 issued by the Auditing Practices Board.

OPiniOn

In our opinion the summarised financial statements are consistent with the full annual financial statements and the Trustees’ Annual Report of the Royal College of Paediatrics and Child Health for the year ended 31 August 2011.

For and on behalf of Kingston Smith LLP, Statutory Auditor, Chartered Accountants and Registered Auditors, Devonshire House, 60 Goswell Road, London EC1M 7AD

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How you Can HelP

The RCPCH is a charity and needs to raise money to

enable us to secure a healthier future for children

and young people.

Together we can radically advance the standard of

healthcare for children and young people, both within

the UK and worldwide.

Every pound you give will help us realise our vision

of a healthier future for children and young people.

MAKE A DONATION

By making a donation towards our work you will be

investing in the future of children and young people.

This could be made as a straightforward donation, as

a gift in memory of a loved one, or in recognition of a

colleague who has made an important contribution in

his or her field.

If you are a UK tax payer, you could sign a Gift Aid

Declaration to make your gift worth 25% more at no

extra cost to you. Please let us know if you would like

to discuss Gift Aid or other ways to give tax effective

donations to the RCPCH.

We also value donations through charitable trusts and

foundations, in support of a range of projects that have

a positive impact on the health outcomes for children

and young people.

EDUCATION CENTRE APPEAL

The RCPCH’s Education Centre will cost £5 million

and we urgently need financial support towards this.

Your support of this appeal will demonstrate your

commitment to our mission of transforming child health

through knowledge, innovation and expertise.

EVENT SPONSORSHIP

We can discuss a partnership tailored to your corporate

objectives and which supports the work of the

Education Centre. There are also opportunities to

work with the RCPCH to support a whole range of

educational and research programmes.

LEGACIES

Leaving a gift in your will towards our work, whether

large or small, is a kind and thoughtful gesture that will

ensure your support is able to help future generations

of children.

Fundraising

GeT in TouCH

If you would like to find out more about the

RCPCH’s fundraising work, please contact

Karen Ruskin, Head of Fundraising,

at karen.ruskin@rcpch.ac.uk or visit

www.rcpch.ac.uk/fundraising

Royal College of Paediatrics and Child Health

Annual Report 2011

Copyright© 2012

Royal College of Paediatrics and Child Health

Further copies available on request –

contact publications@rcpch.ac.uk