2022-04-05-accounts

THE KATHLEEN & SIDNEY LINKINS MEMORIAL TRUST

Registered Charity No 801712

Barley, 10 Fordwater Road Summersdale, Chichester PO19 6PR

ANNUAL REPORT FOR YEAR ENDED 31[ST] MARCH 2022

At the year end the investment assets of the Trust were valued at £836,653. The gross annual income derived was £28,615. After expenses of £12,994 net income was £19,040. There is little doubt that the effects of the pandemic and now the war in Europe have had a negative impact on both dividends and capital values.

During the year under review the Trust made Grants totaling £9,146.80 to the following recipients:

Age UK	£1000.00
Xmas Food Vouchers - RCC	£2080.00
4Sight Vision Support	£1066.80
Sage House Dementia Support Tangmere	£2000.00
Charitable Fund Harbour RC – refugee support.	£1000
Cancer Wise Chichester	£2000.00

Note: The annual accounts list 5,147 as some cheques had not cleared by 5/4/2022.

To our surprise requests for assistance were much lower than in previous years despite the ongoing pandemic. This is Chichester Rotary Clubs in house Charity and we welcome appropriate referrals from both the public and Members of the Club, recognizing many are involved in assisting local charitable organizations. BENEFICIARIES MUST BE – over the age of 60 years - in need of care and attention and comfort - unable, through straitened circumstances, to provide for themselves AND resident within the area served by Chichester District Council, south of the South Downs Way.

My fellow Trustees are Howard Bottomley, Dick Hammond and Simonne Fellowes. I thank them all for their help and support during the Year.

Keith Osterloh

Trustee

KATHLEEN AND SIDNEY LINKINS MEMORIAL TRUST 2022 ACCOUNTS

KATHLEEN AND SIDNEY LINKINS MEMORIAL TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE KATHLEEN AND SIDNEY LINKINS MEMORIAL TRUST I report on the accounts of th8 K8lhl8gn and Sidney Linkins IAemorial Tw$t for th8 year ended 5 Aprfl 2022, which a￿ $th out on pages 1 to 4. Rgspectlve r•spon$ibilities of trustoes and examln•r The charfty's trustees are responsible for thé preparation of the 8CCOiMlt8. The charity's trustees consider that an audit is not required for this year unLler section 144{2) of the Charfties Acl 2011 (the Chaiitiès Act)

nd that an independent examinalion is nooded.

It is my responsibllity to examlne the account5 under Section 145 of the Charities Act. to follow the procedures laid down in the General Directions given by the Charity Commission under sedion 145(5}(b} of tho Charftle8 Act, and to state whdher partiojlar matters have comg to my attenlion. Ba$i$ of indgpendent examIn0￿$ roport ly exarnination was cathed out In ac￿rdanCe with the General Direcbon8 given by thE Charity Commiss￿n. An examination includes a review of the a￿untIng records kept by the Charity and a rvmparison of the accounts presented with those records. It also Includes consideration of any unusual items or (fisd08ure8 in the accounts, and seeking explanations from you as trustees concarning any su¢h matters. The procedures undertaken do not providg all the evidence that would be required in an audit, and consequently opinion is given a3 to whether the accounts present a 'trnÈ and fail view and the report is limited to those matter5 Set OLrt below. Indèpèndènt oxaminetrs statement In connection wilh my examinatlon, no matter has come to my attention: whlth glves me reasonab￿ cause lo believe that in any material ￿sPe(l the requirements (a) to keep acc￿Unting records in a¢¢ordance with Section 130 of the Charitt8s Art and (b) to prgpare accounts which accord with the accounting records and to compty with the al￿)untIng requiraments of the ch8rib.es A¢tr. have not been m81" or (21 to Ythich. in my opinion. attention should be drawn in order lo enable a proper understanding of the acLounls to bg reached. MICHAEL IAN WAKEFORD FCA Moors Stsph•ns (South) LLP City Gates 24 Southgate Chl¢hester P0198DJ Date: .2 L "Tcy44 2oL3

KATHLEEN AND SIDNEY LINKINS MEMORIAL TRUST Pago 1 BALANCE SHEET AS AT 5 APRIL 2022 2022 2021 Investmènts {at market v8lu& Cost £762.951} Bank account8 Cash hekl by Investment Managers 819,067 6,413 10.570 781.411 793 22,261 836,050 804.465 CURRENT ASSETS Dividends nol banked at year end Income tax repayment due 961 212 23 415 1.173 438 CURRENT LIABILITIES Accountancy fees 570 570 NET CURRENT ASsEfsiiLIABIL￿1ES) 603 {132) NET ASSETS £836.653 £804,333 CAPITAL ACCOUNT (Page 2) £836.653 £804,333 These accounts were approved by the tfustees on .2 z J(UNUuJ H Bottoml•y: R Hammond: K OsteTloh: S Fellowes:

KA THLEEN AND SIDNEY LINKINS MEMORIAL TRUST Pago 2 CAPITAL ACCOUNT FOR THE YEAR ENDED 6 APRIL 2022 2022 Balance 88 al 6 April 2021 804.333 Realised profits on sale8 of investments Unrealised losses for year on investments 81111 held Balance transferred from irtcome account 43827 (25.000) 13,893 32.320 Balance as at 5 ￿ri12022 £836,653

KATHLEEN AND SIDNEY LINKIIIS MEAIORIAL TRUST Page 3 INCOME ACCOUNT FOR THE YEAR ENDED 5 APRIL 2022 2022 2021 Income from invèstments UK dividends 12.844 11.015 UK interest 3.247 4.140 Propttrty inojme distsibutions 2.388 Foreign di￿￿0ndS 6.351 5.293 Foreign Interest 4.643 4.005 28,615 26.821 Le&8 expense5: Accountancy Broker fees LEI renewal fee 570 8,923 78 570 8.366 78 9.571 9.014 19.044 17,807 Less foreign tsx not reciaimable Net income for the year 19.040 17.807 Less.. Distribubong made during the year 5.147 5,958 Balanco transfvrred to caphal a¢￿Unt £13,893 £11.849

KATHLEEN AND SIDNEY LINKINS MEh10RIAL TRUST Pag• 4 TRUST ASSETS FOR THE YEAR ENDED S APRIL 2022 Number Cost Market Valuè Incom Alpha Real Cap Time Comm Long Ino)me Arternis US Select Income Astraz•neca A￿va Baillie Gifford Multi A68et Growth Balfour Beatty Blackrock Corporate Bond Blackrock Sustainable American Ino)m8 BP Fundrock UK Infrastructure Fundsmilh LLP Equity Income GCP Asset Backed Income Fund GCP Infrastrueturè Investments Claxosmithkline Hendèrson Janus Strategi¢ Bond Jupiter European unts Lionlrusl Sustainable Future Lloyds Banking Group M&G plc M&G Clobal Dividends Fund Marfborough North American Trust Murray Income Trust Murray Inlemational Trust Persimmon Polar Capital Funds Global Convertib Residential In¢omè Secure Rio Tti)Ictr Round Hill Royalty Fund Royal London Short Duration Global High Yigld Royal London Steding Extra Yield Bond Schrodar Sterfing Corporate Bond Fund Sequoia Economic Infrastructure TrilaK EUro￿X Unilever Worfdwide Healthcar& Trust 18.200 6.631 150 5.035 18.208 5.800 33,348 7.500 8.500 17.979 6.000 27.350 24.100 1.115 21.052 800 8.562 43.300 11.000 7,600 3.700 1.488 1.400 530 3.642 22.000 410 26.000 45,678 25.837 24.631 17.200 21.000 565 660 20,113 20,180 11.990 20.315 25.265 15.203 40.029 15.178 41.263 20,036 22,453 28.251 30.263 15.246 30.018 16.488 20,180 20,244 25,898 18,001 2.525 14.821 15,129 15,208 30,000 20,113 25.560 20.331 38,415 30,119 30,161 19.986 20.146 6.657 17,166 19.026 21.130 15,198 22.763 23,489 14,392 38.096 15.675 31.905 20.608 33.194 26,393 28,606 18.366 28.294 24.202 23.300 20.375 24,332 22,832 28.834 13,184 17.556 11,400 30,233 24,200 24.932 20,586 35,606 29,297 32,069 17,682 22.176 19,521 21,615 315 60 252 111 58 1,723 1,687 892 912 29 671 969 331 513 763 662 1,300 1.118 1,657 871 1.704 1.638 1,258 1.075 891 1,306 Shares sold durin the Civitas Soual Housing GCP Student Living Hipgnosis Songs Fund Jackson Financial National Grid Prudent181 Royal Dutch Shell plc 13 857 166 201 £762,951 £819,067 £28,615

KATHLEEN AND SIDNEY LINKINS MEMORIAL TRUST 2022 ACCOUNTS

KATHLEEN AND SIDNEY LINKINS MEMORIAL TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE KATHLEEN AND SIDNEY LINKINS MEMORIAL TRUST I report on the accounts of th8 K8lhl8gn and Sidney Linkins IAemorial Tw$t for th8 year ended 5 Aprfl 2022, which a￿ $th out on pages 1 to 4. Rgspectlve r•spon$ibilities of trustoes and examln•r The charfty's trustees are responsible for thé preparation of the 8CCOiMlt8. The charity's trustees consider that an audit is not required for this year unLler section 144{2) of the Charfties Acl 2011 (the Chaiitiès Act)

nd that an independent examinalion is nooded.

It is my responsibllity to examlne the account5 under Section 145 of the Charities Act. to follow the procedures laid down in the General Directions given by the Charity Commission under sedion 145(5}(b} of tho Charftle8 Act, and to state whdher partiojlar matters have comg to my attenlion. Ba$i$ of indgpendent examIn0￿$ roport ly exarnination was cathed out In ac￿rdanCe with the General Direcbon8 given by thE Charity Commiss￿n. An examination includes a review of the a￿untIng records kept by the Charity and a rvmparison of the accounts presented with those records. It also Includes consideration of any unusual items or (fisd08ure8 in the accounts, and seeking explanations from you as trustees concarning any su¢h matters. The procedures undertaken do not providg all the evidence that would be required in an audit, and consequently opinion is given a3 to whether the accounts present a 'trnÈ and fail view and the report is limited to those matter5 Set OLrt below. Indèpèndènt oxaminetrs statement In connection wilh my examinatlon, no matter has come to my attention: whlth glves me reasonab￿ cause lo believe that in any material ￿sPe(l the requirements (a) to keep acc￿Unting records in a¢¢ordance with Section 130 of the Charitt8s Art and (b) to prgpare accounts which accord with the accounting records and to compty with the al￿)untIng requiraments of the ch8rib.es A¢tr. have not been m81" or (21 to Ythich. in my opinion. attention should be drawn in order lo enable a proper understanding of the acLounls to bg reached. MICHAEL IAN WAKEFORD FCA Moors Stsph•ns (South) LLP City Gates 24 Southgate Chl¢hester P0198DJ Date: .2 L "Tcy44 2oL3

KATHLEEN AND SIDNEY LINKINS MEMORIAL TRUST Pago 1 BALANCE SHEET AS AT 5 APRIL 2022 2022 2021 Investmènts {at market v8lu& Cost £762.951} Bank account8 Cash hekl by Investment Managers 819,067 6,413 10.570 781.411 793 22,261 836,050 804.465 CURRENT ASSETS Dividends nol banked at year end Income tax repayment due 961 212 23 415 1.173 438 CURRENT LIABILITIES Accountancy fees 570 570 NET CURRENT ASsEfsiiLIABIL￿1ES) 603 {132) NET ASSETS £836.653 £804,333 CAPITAL ACCOUNT (Page 2) £836.653 £804,333 These accounts were approved by the tfustees on .2 z J(UNUuJ H Bottoml•y: R Hammond: K OsteTloh: S Fellowes:

KA THLEEN AND SIDNEY LINKINS MEMORIAL TRUST Pago 2 CAPITAL ACCOUNT FOR THE YEAR ENDED 6 APRIL 2022 2022 Balance 88 al 6 April 2021 804.333 Realised profits on sale8 of investments Unrealised losses for year on investments 81111 held Balance transferred from irtcome account 43827 (25.000) 13,893 32.320 Balance as at 5 ￿ri12022 £836,653

KATHLEEN AND SIDNEY LINKIIIS MEAIORIAL TRUST Page 3 INCOME ACCOUNT FOR THE YEAR ENDED 5 APRIL 2022 2022 2021 Income from invèstments UK dividends 12.844 11.015 UK interest 3.247 4.140 Propttrty inojme distsibutions 2.388 Foreign di￿￿0ndS 6.351 5.293 Foreign Interest 4.643 4.005 28,615 26.821 Le&8 expense5: Accountancy Broker fees LEI renewal fee 570 8,923 78 570 8.366 78 9.571 9.014 19.044 17,807 Less foreign tsx not reciaimable Net income for the year 19.040 17.807 Less.. Distribubong made during the year 5.147 5,958 Balanco transfvrred to caphal a¢￿Unt £13,893 £11.849

KATHLEEN AND SIDNEY LINKINS MEh10RIAL TRUST Pag• 4 TRUST ASSETS FOR THE YEAR ENDED S APRIL 2022 Number Cost Market Valuè Incom Alpha Real Cap Time Comm Long Ino)me Arternis US Select Income Astraz•neca A￿va Baillie Gifford Multi A68et Growth Balfour Beatty Blackrock Corporate Bond Blackrock Sustainable American Ino)m8 BP Fundrock UK Infrastructure Fundsmilh LLP Equity Income GCP Asset Backed Income Fund GCP Infrastrueturè Investments Claxosmithkline Hendèrson Janus Strategi¢ Bond Jupiter European unts Lionlrusl Sustainable Future Lloyds Banking Group M&G plc M&G Clobal Dividends Fund Marfborough North American Trust Murray Income Trust Murray Inlemational Trust Persimmon Polar Capital Funds Global Convertib Residential In¢omè Secure Rio Tti)Ictr Round Hill Royalty Fund Royal London Short Duration Global High Yigld Royal London Steding Extra Yield Bond Schrodar Sterfing Corporate Bond Fund Sequoia Economic Infrastructure TrilaK EUro￿X Unilever Worfdwide Healthcar& Trust 18.200 6.631 150 5.035 18.208 5.800 33,348 7.500 8.500 17.979 6.000 27.350 24.100 1.115 21.052 800 8.562 43.300 11.000 7,600 3.700 1.488 1.400 530 3.642 22.000 410 26.000 45,678 25.837 24.631 17.200 21.000 565 660 20,113 20,180 11.990 20.315 25.265 15.203 40.029 15.178 41.263 20,036 22,453 28.251 30.263 15.246 30.018 16.488 20,180 20,244 25,898 18,001 2.525 14.821 15,129 15,208 30,000 20,113 25.560 20.331 38,415 30,119 30,161 19.986 20.146 6.657 17,166 19.026 21.130 15,198 22.763 23,489 14,392 38.096 15.675 31.905 20.608 33.194 26,393 28,606 18.366 28.294 24.202 23.300 20.375 24,332 22,832 28.834 13,184 17.556 11,400 30,233 24,200 24.932 20,586 35,606 29,297 32,069 17,682 22.176 19,521 21,615 315 60 252 111 58 1,723 1,687 892 912 29 671 969 331 513 763 662 1,300 1.118 1,657 871 1.704 1.638 1,258 1.075 891 1,306 Shares sold durin the Civitas Soual Housing GCP Student Living Hipgnosis Songs Fund Jackson Financial National Grid Prudent181 Royal Dutch Shell plc 13 857 166 201 £762,951 £819,067 £28,615