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