SANDWICKSOCIAL & ECONOMIC DEVELOPMENT
scio
UNAUDITED FINANCIAL STATEMENTS
FOR THEYEAR ENDED
31ST December 2024
Ch•rlty Numb•r SC031042

SANDWICKSOCIAL & ECONOMIC DEVELOPMENT (SCIO)
YEAAE N010 31 OECEMIJEA 2024
TrusteesAnnual Report
Indepen¢Jent •xaminor s rgpon Intslfyeg
Slalen*nt of Rew'pis and Payrrents
S ￿ the Fin8rKe Staknmftts

SANDWICK SOCIAL & ECONOMIC DEVELOPMENT (SCIO)
YEAR ÉNDED31 DÉCEMIER 2024
TRU8TEES'ANIIUAL REPORT
The￿￿te&S Dreseni théirréport al￿ thè unaudlle(I Ifnan&BI 51ai*nents ofih•cttarfty loriheyearendBd 31
December 20?4.
REFERENCE AND ADMINISTRATIVE DETAILS
R•glst•r4d ¢h•rlty nam•
Sandwth Srxial ar￿ E¢oncfflic OevelopnRnl
Charlty r•gl•tntlon nwnb•r SC031042
Pri￿1p￿ •ddr•
THE TRUSTEes
The In￿￿eS who served chanty dunng Ihe Feriod were as lo1￿$.
Indep•n¢•nt •x•mln•r
BMLA¢counts Ltd
24 Alexandra &Jilding
Esplanade
LeThMck
ShellaTrJ
ZE1 OLL
STRUCTUR& GoveRMANCE A14D IAANAGEIAENT
The GTWP tAps rngislered as a charity on 6 February a)01 and is govemed ty lis vllitten cthitul￿.
OBJECTIVES AND ACTMTIES
The obpctive of organiza￿n is Ihe provision of re(Teali(￿al ￿111110$, or the DrganizatKJn of
eatDnal actNits5, with object cf imwoving th& Conditions ol lrfe forthè persons lorwhom
the lauhbes or actfyiities are primanly inmded.
A kxal ¥isrtor5 ￿nter Catering for both locals and visitors. Thfr ￿s110r8 center wns a café wl*r•
I￿¢ mea16 and relreshmeni¥ are availab* lo wr¢fiasè. Tl*r9 b also a glft $￿p on site.
Tho visrtors 4Xrter acts as a hub io the local hisiory ol Ihe villa98 ol Santh*i¢k. and
She￿nd.

SANDWICK SOCIAL & ECONOMIC DEVELOPMENT (SCIO)
YEAR ENOED 31 OEC£MbER 2•24
TRUSTEES ANNUAL REPORT (Mnllnu￿)
ACHIEVEMENTS AND PERFORIAANCE
The pYonh)tK)n of Host*Kk a5 a Iwrisi desbnalth. alowstde SUPPOfl IOT loral bus•ie$ses. has
y￿le￿ 5KJrMfKarrt Suc￿55. Tour opefat0￿ are rthv altocabng twng for slops in Hoswick.
We have conlinved to maintain the Vi5il¢y C￿lIe b a INgh stsndwd. Noiatyy. h)c31 res¥Jenls
are irKTeasmgty utilzing the Ixlity. partKularty durirrfj Ihe ¢)If-seas(n. As the only calè and
comrNnty meetirwJ S￿￿e throu9houl most ol the >ear in Ilw Soulh Mainland. we ¢YovM1e
a viial and rnuch-vaw soual hub br tho area.
We achiwed a finanoal suwus civer Ihe past yew. whth WI￿ bg r8Thosted to supwt fu￿rg
inthtsves that Ihe local c(¥nmunity.
F*4ANCIAL REVIEW
The financi• year 31 Pecmiber 2024 has been ather sucre55(ul one. This has been
drrMI to Ihe dedicatstsn arrtl hard worf( ol Ihe c4nmtttee ff¢mbers a￿1 trusletr3.
RESERVES POUCY
The trustees aim to maintain a sufffftnt level of ￿serveS to facili&* th• of tho
s￿rIed behalf of the tntsl88s

SANDWICK SOCIAL & ECONOMIC DEVELOPMENT {SCIO)
YEAR ENDED 31 oEceM3ER 2024
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SANDMCK SOCIAL &
ECONOMIC DEVELOPMENT
I fepJrt on IrE ￿e￿nIS of Ihe chanty lor Ihe year ended 3151 December 2024 vthich we sel out on
pages 6 to 8.
RESPECTIVE RESPONS181LITIES OF TRUSTEES AND EXAhllNER
The chanty's tr￿toeS are re3porBl￿e for the pffjpfjralion of the accounts In acc(Ydancè vthh the tam
of the Charities and Trvslee Investment (Scollandl Acl 2005 Ilhe 2005 kll the Charitieg
Accour&s IS(xJllaDrJl RegulaUon5 2006 la5 ¥inen¢Jedl. The cnaw's IrUs￿e9 consider Ihal the audit
requiremenls ol RegUlat￿n 1011 Ildl ol th8 Accounts Regulations does nol apply.11 Is my rèspon&'bthty
to examinè the accounts as required under sedron 44{11(c) of Ihg Act and to stale whether particul
tnatlers have ¢(y))e lo my atieftiion.
BASIS OF 1140EPENDENT EXAMINER'5 STATEMENT
My examinalKJn 15 carried out in ac£ordance WFlh lh¢ RtyulalM)n 11 of Ihe Ch8Titi?s AG¢ounts
(Scollandl Regulations 2006 las amended). An examlnalion indudgs a revitrw of ihe accountiThJ
records kept by lh¢ chariiy and a c(¥nparison of th8 ac(L)unts prnsented those fec(ffts. li also
includes cons1dera1￿n ol any unusual iiems or disclosuies in accwnrs and seeks explanai.ons
from Ihe INsiees conceming any such matters. The prixedur8s undertaken do not prorfide all the
evKlence Ihal would be required Yi an aud￿ and consequently. I do not ￿presS an audit opinicfi on
the vw given by the acwunts.
INDEPEIIDEMT EXAMINER'S STATEMENT
In the course of my examination, no matter has cfffie to my attention."
gNès mè rèagonab￿ caus¢ ￿ believe ltsl in any m*rial resp￿1 the rffjuiTemwts'.
to keep aCCKwnting re¢c￿6 in aecordance with sectv)n 4411)la} of the 2005 Aet and
RegulaI￿n 4 01 lh¢ 21)06 A¢¢ounls Regulalion8'. and
lo Prepa￿ acwnts which accord with the 8¢0)unling rec4)nJs and cornpty %*ryth
Regulal*)n 9 of the 2006 A¢¢ouNs Regulations
h8¥e not been mel.. or
2. ts 4thich. in my opinK)n. att8nlion should be drawn in ord9r to enab￿ a pnjper underntw￿.Tra
of the accounts lo be roached.
20 August 2025

SANDWICK SOCIAL & ECONOMIC DEVELOPMENT (SCIO)
YEAR ENDED310ECEM8EA 2024
STATÉMENT OF RECEIPTS AND PAYMeNT8
Total
Total
Funds 2024 Funds 2023
Fund•
Funds
RECEIPTS
De￿al￿)nS
Gr8nis
102
102
2.708
214.738
2.708
26,544
189.199
214,738
IrKcrft* from inv•sbnents all*r
than laryj èrMI ts￿Id1r
GfOSS rewpls fffjm oth
d￿ritable a¢livi1os
1.150
1.150
6.527
TOTAL REC&PTS
21
PAYMENTS
1%.938
196.938
201,478
SWpI￿1(D￿1kIl) th• y••r

SANDWICKSOCIAL& ECONOMIC DEVELOPMENT (SCIO)
VEAA ENDED 310ECEM8EB 2024
STATEMENTOF BAIAPIGE8
CASH 8 8A14K BALANCES
Tol•l Fund
ZlJ24
Tot•1 Funds
2023
C*•h and bank
Cash 8nd bank balarrte5 al slart ol penod
&Jrpluylldeftitl shtr4m on re￿IptS paym•*
Cash •nd ￿Trk b*l*nc•s at •mJ ol ￿lIod
74.330
21.760
20.794
74.330
FuTrJs
Unr•strK
R85tsided
67.688
28.402
48.636
25.694
SUMMARY OF ASSETS HELD
Stcd. buildirys various fixtures arA1 fitw.
Tr*se firwLial $￿terrents wo¥￿1 by members of th& committee on
ai¢ svjned on It￿"r b8half tsy".

SANDWICKSOCIAL& ECONOMIC DEVELOPMENT (SCIO)
YEAR ÉIIOEDJI OECEM8ER 2024
NOTES TO THE F114AIICIAL STATEMENTS
1. 8ASIS OF ACC¢XINTS
These ac1x￿nts have been tvep•td re￿ip1S and paym•nl$ basis in ac¢(xdance ￿ lh8 ch8nb.es
& Trustees Investmènt lso3t1￿}Acl 2LN)5 and the CtsritiBsA¢C￿ts IScxAlaThl) R•gulab"sYYJ 2006 (as
amended)
2. t4ATURE AND PURPOSE OF FUNDS
General lurbys a￿ unreStr￿ted fvnds which available for use at the dixrettm ot fv Tntstées. In
fvjrtherance of the genefal objeclY¥e5 of Ihe d￿rity, and W￿"¢h have not b8en d&g"gnowl for Ofher psrpgse5
3. TrUSTEES' REMUNERAT1014 ANO EXPENSES
4. PAYMEPITS RELATING OIRECTLY TO CIIARITA8LE ACTMllES
Tot•1 Funds
2023
Fuftd•
Fu•ids
2024
D•tsi
7,867
7.867
3.607
di¥￿s￿ld￿8￿Tr￿
TraveVadmirVth¢rt¢siivJ
Electricityllel?￿￿1￿a
Lthrtts and lees
Insuran
Bank and card clwys
FuMiShry￿dWysI0qUipIMlI
•Atsc & COVID prqe¢ts
Trdinir¥J
3,865
3.865
8.181
818
13.360
4.967
14.760
472
2.165
6.73S
18.734
4.45YI
13.137
18.n4
4.49)
13.137
237
237
TOTAL PAYMEHrs