I
nt
roduct
i
on
T
h
e
summar
ised
income
and
expenditure
account
on
page
2
0
show
s
a
n
et
surplus
of
163658,264
for
the
year.
I
ncom
e
8226
T
otal
i
ncome
for
the
year
was
1636,969,907
compared
to
163
6,391,942,
i
n
200
6,
an
overall
increase
of
9%.
T
h
e
l
argest
source
of
income
is
the
Statutory
Annual
R
etenti
on
Fee,
paid
by
RCVS
members.
8226
Wi
th
the
i
ntroduction
of
the
modular
certificate,
2007
w
as
th
e
l
ast
year
of
enrolment
for
the
8216old-style8217
RCVS
Certi
fi
cates;
the
income
received
has
been
apportioned
over
th
e
fi
ve-year
enrolment
period.
8226
Pu
b
l
i
cati
ons
an
d
other
incom
e
include
money
recei
ved
for
the
Gateways
to
t
h
e
Profession
s
project
(see
w
w
w.
rcvs.
org.
uk/gateways
)
and
a
legacy,
w
hich
has
b
een
transferred
to
the
RCVS
Trust
.
8226
An
an
al
ysi
s
of
all
the
sources
of
income
is
shown
in
fi
gu
res
12
and
13.Financial
st
atem
entsFigure
12.
Breakdown
of
i
ncome
2
006
(%)
Figure
13.
Breakdown
of
income
2007
(%)6
%
5
%1
%3
%7
%9
%6
%
3
%2
%3
%7
%8
%71%6
9%In
come
of
members
E
xami
nati
on
fees
P
u
b
l
i
cati
ons
and
other
income
P
racti
ce
Standards
income
Veteri
n
ary
nursi
ng
Aw
ard
i
n
g
Body
i
ncome
In
teres
t
and
i
nvestment
income18
RCVS
FACTS
2008FINANCE
AND
ACCOUNTSFactsandfigures:Layout 1 16/6/08 11:19 Page 18
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