**Charity registration number 1131681** **THE PCC OF ST. MARY THE VIRGIN CHURCH, WARE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FORTHEYEARENDED31DECEMBER2m2** ## **THE PCC OF ST. MARY THE VIRGIN CHURCH, WARE** ## **LEGAL AND ADMINISTRATIVE INFORMATION** ## **PCC Members** ## **Ex Officio Members:** |**PCC Members**
**Ex Officio Members:**|| |---|---| |Incumbent|Rev. Y.R. Pentelow - Chair*| |Curate|Rev. J.J. Pass| |Wardens:|T.P. Crowther*| ||R.M. Hawkins *| ||M.J. Whitbourn *| |DeanerySynod:|M.J. West - also an Elected Member| ||R. Ogunlewe| ||P. Ballam| |**Elected Members:**|D.J. Day - Vice Chair*| ||K.J. Kirby - Secretary*| ||G.M. Meldrum - Treasurer*| ||C.P. Taylor - Safeguarding| ||E.M. Finch| ||M.W. Meldrum| ||M.G. Wilson| ||J.A. Turner| ||P.A. Hickman| ||M.N. Douglas| ||M. King| ||J.G. John| ||*=Standing Committee Member| |**Charity number**|1131681| |**Principal address**|St Marythe Virgin Church| ||High Street| ||Ware| ||Herts.| ||SGI2 9BA| |**Independent examiner**|1-1B Accountants| ||Plumpton House, Plumpton Road, Hoddesdon, 1-lerts. EN 11 0LB| |**Bankers**|CAF Bank| ||25 Kings Hill Avenue, Kings Hill, West Malling, Kent. ME 19 4JQ| |**Investment advisors**|CCLA Investment Management| ||Senator House, 85 Queen Victoria Street, London, EC4 V 4ET| ## **THE PCC OF ST. MARY THE VIRGIN CHURCH, WARE** ## **CONTENTS** ||**Page**| |---|---| |PCC Members' report|I - 5| |Independent examiner's report|6| |Statement of financial activities|7 - 8| |Balance sheet|9| |Notes to the financial statements|10 - 18| ## **THE PCC OF ST. MARY THE VIRGIN CHURCH, WARE** ## **PCC MEMBERS' REPORT** ## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_ The PCC members present their annual report and financial statements for the year ended 31 December 2022. The financial statements have been prepared in accordance with the accounting policies set out in note I to the financial statements and comply with the Church's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic oflreland (FRS 102)" (e!Tective I January 2019). ## **Objectives and activities** St. Mary the Virgin's Parochial Church Council (PCC) has the responsibility of co-operating with the incumbent, in promoting, within the ecclesiastical parish, the whole mission of the Church of England, pastoral, evangelistic, social and ecumenical. The PCC is also specifically responsible for the maintenance of the Church, a 14[th ] Century, Grade I listed building, and its modern extension. We, as part of St Albans Diocese, have a Mission Action Plan (MAP). The aim of the MAP is to plan and prioritise a detailed and realistic course of action to establish our vision for the future of St. Mary's Church. The focus is for growth in faith, Creation and responding to the needs of the environment and Inclusion and diversity. The MAP and its progress are discussed regularly as part of each PCC meeting. The new MAP can be found on the diocesan website. Our response to this focus can be found in the section Achievement and Perfonnance. The normal pattern of Sunday worship is: - a. The early morning Communion Service at 8.00 a.m.in church and live streamed on Facebook, which provides a quiet, intimate, and reflective environment for worship. - b) The morning Eucharist at I 0.00 a.m. in church and on Zoom, incorporates as required, Baptisms and family services. A creche and children's activities are provided during the morning service. - c. Evensong, a traditional format for worship once a month. Morning Prayer takes place at 9.15 Monday to Thursday each week. This takes place in church and is also live streamed on Facebook. Evening prayer takes place at 5.00pm Monday to Thursday each week. On Wednesdays a Eucharist service is held weekly at 11.00 a.m. (livestreamed on Facebook). Other services are held during the week to mark particular religious festivals. The Church is open to our community for private prayer every day, usually between 9.00am and 5.00pm. From September the prayer space moved to the linkway, with morning and evening prayer held in the choir vestry. This was to ensure the safety of the building during the restoration project. All are welcome to attend our regular services. In 2022 the Church Electoral Roll was 149. Gathered services resumed in 2022 with on-line options available. The average attendance has been 70 adults and 2 children, with on average across the year,8 attending online services (Sunday and Morning Prayer). The total attending Easter Eve and Easter Day was 142 with I 06 communicants. A total of 503 attended Advent services including Christingle and the Carol Service. A total of 172 attended services on Christmas Eve and Christmas Day, with I 04 communicants at both services. We have celebrated 23 baptisms, 3 weddings, and held 24 funerals this year. We were pleased to host the funeral for Revd. Hugh Wilcox. There were 6 Burials of ashes. Four members of the congregation died this year. Confirmations included I adult and 2 under 16. Three families have moved away from Ware during the year while there have been 5 adults and 2 children joining the church family at St Mary's. The PCC members have paid due regard to guidance issued by the Charity Commission in deciding what activities the Church should undertake. - 1 - ## **THE PCC OF ST. MARY THE VIRGIN CHURCH, WARE** ## **PCC MEMBERS' REPORT (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_ ## **Achievements and performance** The church building was open for private prayer and services from January until September 2022, since when the church has been closed during the week for then nave re-decoration. Sunday worship continued to take place with scaffolding in place and a team of volunteers cleaned up each Saturday to make the church as clean as possible. A prayer space was created in the linkway, with morning and evening prayer taking place in the choir vestry. The Quiet Day held at Christ Church, Ware, in March was led by Katy Little with the theme ··Who is Jesus Christ for Us today?'" A quiet morning was offered during Advent at St Mary's. A virtual Holy Land Experience was offered in Lent with tour guide Jared Goldfarb leading a tour around Jerusalem's Old City and an evening of bible study based on the tour. A course, "Living in Love and Faith,'. was run jointly with Christ Church. A further small group studied the materials at home and gathered for a one-off discussion. Lent groups considered '·I-low the Bible Speaks'·. This was in response to Living in Love and Faith materials. The Easter Pilgrimage to St Alban's Cathedral resumed in 2022 with a small group joining walkers from St Mary's Welwyn. They joined pilgrims from across the diocese for a rousing service of praise the risen Lord. Again, walkers joined other pilgrims on the new Camino to Walsingham. The first walk began at Waltham Abbey, finishing at St Mary·s and the second continued on to St Michael's, Bishop·s Stortford. St Mary's is a formal stopping point on the route and we hold a pilgrims' stamp. A regular group called Space on Thursdays began in September, meeting in the choir vestry. This includes a reflective service, bible study and Lecto Divina, with each Thursday being a standalone meeting. The Monday study group continues to meet. As part of the MAP focus on the environment the new cycle rack has been installed with thanks to Paul Hickman, who led the project, Ken Butt for installing the rack and Steve Jupp the contractor who laid the concrete base. Thanks are also due to Ware Town Council for their generous donation to the project. Liz Finch has completed an initial eco-audit. The focus now is on managing and reducing energy use in the church and hall. Towards the end of the year Martin has been looking into replacement LED lighting for the hall. A survey of swifts was undertaken in July with the possibility of installing nest boxes on the north side of the church tower below the louvred windows. The Community lunches have resumed with regular monthly lunches on offer. Roger and the team provide a 2 course meal which is very popular with diners. There is an optional short act of worship for about 15mins before the meal. The monthly games cafe has also resumed. providing fun and social time for those involved. Thanks to Jackie and the team organising this event. The food bank has continued to operate throughout the year with its pickup point at St Mary·s. We continue to be grateful for Jackie Turner and Mike Franklin's commitment to this project. Peter Smith retired from his post as organist and choir director after 9 years at St Mary's. A splendid evensong took place in September, amid the scaftolding, with visiting choristers representing many parts of Peter·s career of teaching and church music. We are grateful to visiting organists, including Michael Smith, Robert Evans, Malcolm Pcntelow and Celia Higson with pianists, Maddie Br yan, Mark Kirby and Ysmena for playing at Sunday services. Evensongs have been led by Michael Smith, Nathan Collins and the Carol Service by Malcolm Pentelow. Thank you to the choir who have led our music through a difficult few months. Fundraising events have resumed this year, including the plant sale, Christmas Fayre and Dickensian Evening. Thank you to the organisers and helpers.The Jubilee Tea Party in July was a great success, raising much needed funds for the nave redecoration. A leaving event for Katy and Alice took place in June. before their move to Hitchin. The next month we celebrated Katy's ordination as well as that of Jake Pass, who we were pleased to welcome as curate at St Mary's. His arrival was celebrated at the I 0.00 am service and at evensong the same day. - 2 - THE PCC OF ST. MARY THE VIRGIN CHURCH, WARE PCC MEMBERS, REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 From StptirnbL'r, i%'e iiere jLTrin¢d bj" ()rdinand Il¢verl¢N' H3n5haw, who 15 on a Ihree year part tTme training programnie iviih the Easiern Rcgion Mini%tr)' C()ursc. Si Mar) s Arts conlributed signiftcantli to rnon¢v raised during th¢ Year. The monda￿ and Thursdav monihlN' concerts haie beLoniL a firm fixture in the cal¢ndar. with nlore occa510nal ewening elents. The cot7¢c and cak'es proi'ided b>, th¢ churchygrd cafi liam arc al%() popular helore the ￿ncert5. -1 liank. you IL) Ihu orgwii5ers, Paiil I lickman and Nlark. Kirby, lor linding such a i'arilly ofidlLni lu entL'nain our audi¢nce5. ('.oncertS Since %eplepiber have iaken place in ihe vhiirbh hall. Chariiable ei'eni% hav¢ again been limiied this i"ear. A haTrcs1 lunch il'as held in Ihv auiurnn li) supwn Nqonigomery. HLighiS orphanage in Zimbahile. A sausage sizzle atter ihe All Sainis Lvenson& uiih bisiiing preachLr Rc¥d TherLsd Musilsacho. also rai%Ld funds li)r JM()ni¥i)men' I leighis. Ilouse box collcciions and moneK' donaicd ai Ihe Chrisiinglc ￿rI.1cC ivas scnl io th ChildrLn % SuLIL'tI. C'ollections oi'er C'.hrisimas dii'ided beiwecn (he churLh Lind Shelitr. Si Mtsr), s pT￿YS510nal Banners havL restor¢￿. Ihanks 10 Ihe LxpertlSL ofvicii)ria FairLW. The nei% aliar frontal in ihe Lady Chapel, designed and niade b% mLmbLts ofthL LUTILTtLgation, Is dL￿lL￿ILd in FLbruat). We Nould like to Ihattk all Ihe v()lunieer% iyhc) IVUTk %u hard 10 mak-e i)ur ¢hur¢h the lii'L'I}' and %'ibrant romtnunil) il 1%. particular ive M'ani 10 meniiun i)ur Chiirchi¥aTdens Titn Cri)iither. k4all l¥.'hiiknuTn. and Rog¢r Ilaivkin5. Il'ho liav¢ i%'urk'ed so iir£lcssly on our bLhdlf and CTrthain hlyldrurn N%'h(> help8 all til understand (he church ac¢ounis and linance5. We Mould also like 10 Iliank IhL P￿14h Adniini51rati)r, l.>-nn Mcl.eJn. and Ihe fl014.er arrangers. I￿h0 usc Iheir crcaiiie ialenis and Ilonnie Il'tS1 tsho ha% kcpl Ils up Ii) Jate I￿1117 the publishiiig i)l-Ihi QLJarterly niagai.iTie.-l-hwiks also 10 Kathleen Kirb). PCC SLLfLiao' and all IhL mLmbif8 c?f IliL' I'CC.. for Iheir valiiablc ci)Iitribuiion 10 our minisirn, and lor kLLwing IhL cliurLh running. l inall),. a partiCLilar thanks tu I'stnena ivho has ivorkLd so hard 10 ke¢p us all LonnLLicd and suppi)rtLd IhTough anuihLr diifILulI ve￿. F2brie Report Mik'e l.rank.lin, Lhair DfihL l-"ahriL Cotntnillee has niade the follom'ing rrpon. Every )Lai, kLLPlllg the fabric of the church and hall in good order encompasscs ongoing minor dcLofdiion and mainiLnance as %'LII fL'pliiLLm¢ni of iiorn oiji or oiiidLqied tiJmiiliingOLquipmLni. Somc lears li is ntccssary io undL*rtake more majur res1(Irati()n prujecls.. 2022 Isas ont olihost Jeiir.%. The need for redcLoraiiun of Ihe parts of IhL chuich thal li¢ ii'L'51 nfihL ¢¢ntral altar had appJrcnl for mani }'ears and had been noied in thc lasi 2 quinquennial r¢port.4. Il'iih the PC.I.C' tru8l¢c% indicating ihai the) ￿ere in a Ex)5iiion 10 make a grani 10I4ards cosis. a %ULLL%%tul upp¢al, and a plan for eliciting granis. the PCC. ￿OrCed 10 go ahead ii'iih renoN'aiing IhL na%c. In addiiion, ￿￿aUSe ()l- rrLent iiater damagl 10 IhL 14'esl i￿all ot Ilie norili Iraiiscpi and 501nt d¢ierioraiion ol- paint on thL' IITriYLr i¥all i)r thL' SLTruih Iraiis¢pl. li ilas agried ihai arcas should also bi irtLILidcd in Ihi fLMIL*urdlion. Broddl) stKaking. the projeLI iinuld include rLinoial nd reiiLii'al ol-dainagid plasiLrii'ork. TLmoial ol. l<)OSL painb'limc￿￿￿h repainting. Il'hile the affolding i%-a£ in plaLe the prtijcci i¥ould also inLludL examinaiion Jnd pL>5%ible Feiieival ofii.ItllredfiElin&4 at a high Itkel. The projeci ii'eni ahL'ad i%'ith %%'ork %larting i>n Mnnda>' 5th 8¢pl¢[n￿r and il'as lo b¢ oimplcted on W'ednesda), 23rd Novembcr. Lliifortunaiil>. Il ni)I tM?48ihlc la finish the proj¥ci limc du¢ 10 failurc of Ihe paiiii. l..xpens had 10 be brought in lo in%iS1igaiL ihc lailure and Jnali'se eyisliiig i%'all coieriiigs. fo sumiiiarisL": IlicN' uncoicrLd niuliiplL lakers of a ￿￿ILlI (>r oaiings artd loiind Ihal fJilure largtl!. oiiurrid beca115v P14 St rL*ioraiions liiid not rLmo¥cd prciiou% llii'LFS 10 a %ound %ub%lraiL. DillirLnl l)f the i%a1151piers liad bLkll Ireaitil in dillLrLni ¥i'aNs. .10 LiacLrbdiL maiiLrs, %omi aFLa% uf IhL LhurLh had prc%LT%'eJ. All ol- Ihis Ineilni Ihai diftLfini arcas ol. the LhiirLh ikould need Ic) he preparLd and sub%eqii¢nil}' primed and owerpuinled in dilfLreni WdkS. This dddL'd LOSI li) the pri)jL'LI dLlaied ¢(irnpleli()n until 2023. Minor updaics 10 ihL fabriL hav¢ includ¢d. replaccmenl of Veslr), heater. r¢plac¢inLnl of thrce Vuliix I'Sk>'lighi.q l in the church hall. lind riplacLmLnl t)f li%0 doulTrli gl<17.¢d ii'iiidoiis in the Lhurih liall. I hifi lias also bLLn IhE illsiiillaiitsn ol'bike raLk, rL'Piiir% 10 ehurLli hall and Lhurch ri)ofand iiivdifiLaiion ofraini%'aiLr drainagL 10 prciLiii ingriss to N. Irdnscpi t¥all. An inSPeLlii)n i%-a5 varried oiii b). Iht fire Briijadc ns fLqLiifid b!. Ill 11. Ili i%LrL diLtllLd 10 haiL dL'qualL' firL' safeli. proi'i8ion. Impri)￿e[ncnts %iL'rL sugge51td and ihL5L ha￿￿ alrcadi bL'Ln implLmenied i)r dre hand. A big 'ihank->ou lu Ihi IL¥ulJr LILanin￿M￿Ln1L'na￿CL. ILam %i'ht) hLlp loiik aller our church and ihurch)'ard. Sr¢cial ihanks 10 Alan l-lioinas for hi% hard iiiiTk- i%'e¢ding'fiirimmintypruiiing and geiierall). Laring tor the Lhurch¥'ard, KLn Bull fi)r his Li￿rt h<￿d11￿0rk in all areas of mainienaiice and so Inan). ol'N'ou lor tak-ing on extra clcaning dutie% n¢eded a5 THE PCC OFST. MARYTHE VIRGIN CHURCH, WARE PCC MEMBERS, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Sifegtsardithg Report Carol Tayl()r, as l)8ri5h Saleguarding Oflicer. has rerrf)rted thai IhL Parish is commiiicd 10 IhL safegwding of LhildrLn and %'ulnLTable adulE5 and io supp)niiig Iliosi ikho habl bccn i'iciiins ofr. abusi, as %i'LII ￿ It￿>sC iiho prL'5enl a ri%k io oihets. ThL PCC has coniplitd iiiih IhL dutv undcr SL*iion 5 01. IhL Sciligliarding and CILrg%. DisLiplinL ML-asuie 2016 (dull lu havc dui fL'gard i(1 Iht S louse ol- Llishop s guidaneL on salLguii rding Lhildrcn and i iilnLrnbli dduli%l. I'hL PL'C haiL adtipie(I dll IhL H()u%e i)f Bishops Saleguarditig PulibiLS PraciieL Guid￿￿ Li. as ivell as-"Promciting a Salii Church" Ichild pri)leLtiun #nd vulnL'rJhle adults polic%'l anil Ihc DoincsliL Abu%c slillLmLmt, ai their meL?ling i)n 7ih fvI￿lh 20?2. The latter ti%-o IbLumenls dre displtil'ed in the Link Way. li. hdv¢ a Parish sal￿guarding (IftiLLrlLcad RiLruilLr dRd an A41istdnl RL'Lruiler. Th()%e ii'h() ￿'(￿rk I￿1th ￿ulnerabl¢ groutks in IhL Parish are recrutltd in ciLLordanLL %%'iih Ihe PrtsciiLe Guidance SafL'T ReLruilmLnt Jul} 20?1. l)A% ¢hcck5 are ren¢w¢d even. IhrLC }ear.q aiid 4911 thusL IFhLTr havi 4Jlel} rLLruitL'd and all tnetnbers c?f the PC.C. have undenaken the appropriate 5af¢gvarding iraiiiing i*iihin IhL Ids13 )¢dr4 dnJ DBS Lhelks. ConiaLI dLiails Icir Ihthse I￿14h1n9 ti> obiain ad￿1¢¢. rai5¢ an}. conLerns or make r¥f¢rrals lo th¢ slaiuiorv auihoriiies art iii the Llesi Practicc Guidance Icufl¢l% in th¢ Choir V¥51ry. Link Il'a}, and Llcll 'loi4-er. NgThes Ot'ihosc approlcd to iiork ii'iih LhildrLn are displat'Ld in the Choir V¢5trJ and Bell Tower. Safeguarding inform&ion is displayed in the Porch and ort IhL church WLbsiiL. ThLrL 1% adequ: ins11r￿￿¥ CONir lor 4111 aLlii'ilIL￿ ini.01￿ing children or adults underiaken in the name of the Parish. TheT¢ havL b¢¢n no issues ofsafeguarding L￿ALLrn itptsrtLd during 2022. Finan¢ial review 20?2 a N"¢ar ol'susiainid rcLovery rolli)1￿1￿4 on from the pandernic the previo￿% j.e￿. Th¢ )LJr.%ai4 holh lundraisin¥ eienl% dnd Ll)nLert% rLlum tc? impri?1¢ Lhur¢h incorn¢. I'he l.ri¢nd s ot'sl Mary s hai'¢ been I'ery generoiis and 5LlPWrtINL' Ihr()ugh(iut the i'¥ar i%-hi¢h 15 1'¢r)' muLh apprtcialed. Financial gii'ing b} means aiid Jonations increased giving Si Marn. s siabiliij ihroughoui the >'car. Thc Lnd uf )eai arlounts hoi¥ei'er sho1& the PC'C genernl accouni had Stitall dcftcii. 'Ihc Church naNe re-decoration ap￿￿1 siariLd in April and is slill ongoing. IhL liniiiicial rLsponsL has bLen %'Lr¥' posiliie. Intoni¢ Total gii'iiig b). i'arious niLihi)d% inirea%ed %lighil)'. IncomL Irom fLindrai5ing aLli&ilie5 logeih¢r ii-ith regiilar concerts dropped 51ighll￿.. Gro%5 lec￿ fium i%'L'dding% funerals and liall leiiiiigs i4'eri doi4n 51igliili. Fundrdi%illE fvi Lhariii¢.8 alluiled lor pajmeiiis 10 Ihc Children s 81)LlCI}. thi Bishops harvest appLal. Mtsnigomer*' Heights orphandgL'. Christian aid. Shilitr and somc oihers. F4Lrc arc some ol'thL ligurcs. 'roiJl Ciiving incliiding Gift Aid D(inJlions l.undrai5ing and C'onLLrls W¢cldiiiTr cTrTid lunirdl ￿V55 fees Nai e RedLiofdiiun Appeal £77.813 £11.779 £9,.112 110,720 7),573 Exp-ndilur ThL P￿riSh 8hare rebised dut 10 thc Curnils housL changi ol'LircumsianLes, lugeiher m.iih an inflation in¢rea5¢. ThL Pdri411 5har¢ %4as paiij in lull l(>r ?0?? li) Si Albkn% board uf linanLL. In line li ith ?021. cxp-TidiliirL for Ihi% )'Lar kLpI unJer tighi C()nt￿lI ii'iih Innsl Lhyrch items costing strnililr amounts. I'hurch rniiiniinanLL inLILd%Ld %lighil!'. 'fhL' Eas and ¢l¢clriL conlra¢is i%eri riDeg(Itiated bui increa5cd diii 10 Ihi LnLrg% cri%is. I l¢r¢ arl somt ol'ihL figure). Parish SharL ljiililiL4 Jnd in.8urance RLtMir8 and iiiainienancc l?rinliii& POSl4igc and sliiiioner¥' ('hurcli supplics ProjtLIS NaiL fLdeLiiraiii)n 67.¥52 15,78? £i.315 £3,186 14.7.19 £9.118 £49.871 THE PCC OF ST. MARY THE VIRGIN CHURCH, WARE PCC MEMBERS, REPORT (CONTINUED) FOR THE YE4R ENDED 31 DECEMBER 2022 InvestmLnis ThL LhLifLh huld% endoivincnt funds whi¢h are the re%uli ot'i'arious bequ¢st5. ThL CJi%bN' bLqucfit fund gil'e5 a reslriited incorne ivhereas other ¢ndni%'rnenls are all rapilal valu¢% accruing inl¢r¢st. Irtlegimenls for 2022 overall hai'e shO￿"n a Small d¢crea5e. ConLlu%iun I'he churLh fi[￿n￿¢S are tn a healihv tM)stiion, despiie previous Coi'id restrictions. 'Ihis has been achieied by continued giving by all ciinnecte(l 1% ith Si Marl's. iogLiher i&ilh conirolled expenditiirc and ¢￿h Ilow. There ar¢ 5uffiri¢nt funds and rcserves 10 suprrf)rt all aspecis of church 14.ork in tlie cornniunit).. Stru¢ture7 goTrern#nte manxgemtnl ThL tnLihnd i)I' ap￿iD1m¢nl ol- PCC membets 15 sel out in the Church R¢pr¢sentalioD Rules. All church attend¢¢s a encoura?Ld lo register on Ihe l-.lecivral Roll and sland tor eleciion lo thc PCC,. At St. Mary's ihe membership ol. the PC'C consists ol'ihc incumbent loiir lic￿1, Curate, Churchi¥ardens, Ihc Deanery Sjnod representatll'¥s and InimbL'rs ¢lLLILd bv Ihosc in IhL Congreg￿?￿ lion ii.ho arL on IliL EILcioral Roll ol'ihL C'hiirch. All Irustees Inu%1 LomplLti a DLxlaraiion uf EliLiibilil) sign an dgrLLmLni 10 LÉ)mpl%' i¥iih ihLir resNnsibililiLS as Irusie set oui in IhL C.'hariiN. Commi%4ion'% guidanLL. In addili()n 10 Ihi% the). arL LnLouragLd io aitend irusiLX Iraining SLssions run b), Si Albans DioLehL.'fheJ niu%l dl%() li&&e undertdken a DBS di%LI()sure und¥rtak"¥ dPPTC)priJle ￿ri.8￿[LI Iraining. ThL PCC mLmheTS are re5W1115ible for n)ak'ing d¢¢ifiions on all malt¢r.¥ of genLral conlern and importan¢e io the parish, inLluding deciding on hoi& ihL tunds of Ihi PC'C are 10 be stKnt.'l-he casiiig ol-Loronai'irus reslriLlions has alloived all meelings lo lak.e place in person ihis year, i¥hilsi aiiendance bj zoom has remained an opiion for some. I"he tull PCC met 6 limes during the }'Lar. (>iien its i¥ide reswn5ibililTe%. IhL Ibcc ha% %ci'eral commitite% 11> deal INiih a particuldr &%PLCI of Pari%h life. ThL' LommillL'LS includi st￿Iding IiihiLh rnel 6 lime% %eparalel}' fr()Tn PCCI, Faith r)L'IL'I()pmi'ni and Il'(?r8hip, l-Lllt)l%-%hip and Fundrai£ing, Fabric and PrLmis¢s. ('hrisliJn Cili'ing. ￿hICh are all responsible Iv th¢ P(-C. and r¢port back 10 il regularly. w'ith ￿erbal report Minute% of IhLir deliberations hiing) received bK Ihe full l)l-C' aiid discussed as n¢ce55ar¥'. Major ri5k-5 have becn re￿ie%￿ld and s)slernS and proLLdiirkS eslablishLd 10 InanagL Ihose risks. ThLre is rto rLmunLraiion paid lo an) iiiember of (hi PCC or Ke) rnanagLment of Ihe eniit),. The PC.('. members i¥'ho serl'cd during Ihc ￿lar and up 10 Ihe daic ol-signaiiirc ot. (he tinanLial siaicmenis are dtselosed on the l.egal and Adiuiiiisiraiioii InloFmaiion pdgL ofihese financial siaiLmLnts. Rci. Y. PLni¢loiv G. NfLldrum The PLC. rn¢mbers' rewri ts'as approNed b). the Board of PC'C Meiiibers. RLI.. Y.R. PLniLII)w PCC Ch#ir 4 April ?a23 THE PCC OF ST. MARY THE VIRGIN CHURCH, WARE INDEPENDENT EXAMINER'S REPORT TO THF. PCC MEMBERS OF THE PCC OF ST. MARYTHE IqRGIN CHURCH, WARE I report 10 the PCC member5 on tn) examin3l&on of th¢ linanLial 51aleixenls of "I"he PC'.C' of St. Nqary. Ihc Virgin C'.hurch. Ware Iihe Church) for Ihe )'ear ended.11 Ikcemb¢r ?022. Responsibilities and basi5 ofreport A5 the PC(.' rncmhLrs of Ihi ChurLh Jciu arL fL%PI)nsible fi)r the prep￿atIOn of ihe financial stat¢menls in accord3n¢e ￿1th lh¢ reqllirernent£ nl-1hL ChdriliL% ALI 2011 IihL 2011 ALI). I re￿rt in resptci of tn). exarninalion of th¢ Church s financial 51atemcnls Ca￿led out under seciion 145 of the 2011 Act. In iarrn ing oui nij vxamiiiJlion I Iiawe folloiTred all th¢ applicable Direciions gi%en bN Ihc C-.hariiN Commisston under scciiort 14515llbl ol-lhc 2011 Aci. Independent examiner's statement Your aii¢niion is dra¥¥n li) the fa. cl that th¢ charity. has prepared financial sratemenis in accordanue iiiih Accouniinrj and Rcpx-)niiig b%. C'haritlL'% preparing their aLcounis in acLordanc¢ M'ith Ihe l.'iiiAnLial RLporting Siiindard applicablL in IhL UK and Republic ol. IrLI￿d 11.'RS 11121 in pr¢ference io (he Accoiiniing and Rcrrf)riing bv C.-hariiics.' Siatimciii of Recommcnded PrdCIILL 1S%ULd LTrll l April 2005 which is rcl¢rrLd io in Ihc e.%tani rtgulaiions bllt has ni)Ik bL'Ln iviihdrais-n. understand ihdl this has been th)nL in i)rdcr for financial sidtemcnls io wc)vide a Iiue faiT view in acccirdanc¢ with CILnL'rallN' ALLYpled Accouniin¥ PrdLIicL Lfliyiivc fror rL'PUrting PLiitsd% bL'8innTn8 nr after l January 2015. I habe coinpleied tn}, L￿at￿]nation. I cunfirin thui no Inalte￿ have conie to mi. aiieniion in connLciion i%iih Ihc cxaminaiion gii'ing nic iausc li) heli¢1¢ that in anj niaierial resrtcl.. aciounling [L￿l)rd5 ilere not k-¢pt in r¢5pcLI of the C'liurch as required bv seciioii 130 17f Ihe 2011 All- or thL' fin￿Lia[ siaiLmLnis du niil aLLurd i%iih thu%¥ reLI?rd%', or IhL' finanLial slaicinenis do not cornpl). ii'jili Illi dppIiLahlt rL4uifL'tnenl% conLeTning the f()Ttn and c(Intent of aCLounl.4 sel out in th¢ C'hariiics IALLounts RL'tK)rts1 RL'8ulatiL)n% 2008 uther than anN' rtquiremeni that Ihe accounts gile a IriiL and fair ￿l¢￿V 14'hiih is not a matter c()n%idLfL'd a% part of an indep¢nd¢nt ¢xaminaiion. I have no concems hal'e conie across no other matte￿ in coniieciion 14.tih Ihe cxaminaiion 10 itrhiLh diieniion shvuld be dra￿n in this rep()rt in order lo enable a proper understanding ofihe rtnancial siatcmLnis 10 bc rL'achLd. •L Lab HB Arcountants Plurnpli)n Hiiu%e Plumpion Road loddesdon Hert.4. ENII 01. r)aled.. 4 April 2023 THE PCC OF ST. MARY THE VIRGIN CHURCH, WARE STATEMENT OF FINANCIALACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022 Current financial )egr Unre5tri¢ted fund5 2022 Rt5*ri¢ted Endowmtnt fund5 fuDd5 2022 2022 Total Toigl 21)22 2021 iyotes Ineome from: Dundli(Trn% and legacies 88,752 14.249 11,728 433 76,413 165.165 14.249 11,728 85,829 25.962 11,488 707 Other irading acii%iiiLs nvesltnenl% 646 Total income and endowmeDt5 115,162 76,494 646 192.302 123.986 endiiurt on= 132,158 53.126 185,284 123,5117 Net gainsl{10sscs} iniestTn¢nts 11,0451 11.0451 Net movement in funds 116.9961 23,368 131191 5,973 1,190 und balan¢¢s al l Jcinuar¥' 2022 12,2Y6 13.162 18,729 44,187 42,997 Fund balithets At 31 Dereniber 2022 14,7001 -36.530 18.-130 50,160 44,187 Thc siatLment of tinancial actTviiies includes all gains and losses reLognised in Iht Jear. All incotne and expindiiufL deTII'L' from Lontinuing ￿tiVItIes. THE PCC OF ST. MARY THE VIRGIN CHURCH, WARE STATEMENT OF FINANCIALACTIVITIES (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Prior fillsnci#l year Ilnrestricted fund5 Restricted End(kwment furtds Z021 TotAI 2021 2021 2021 Notes Ineome from= DonÉiiions and Itgacies Charitable aciii'itics OihLr Iradin¥ aLl1￿]ll¢S IntresimLmlS 84,8U8 25,962 11.488 238 85,8?9 25,962 462 707 Total income endoivments 122,496 1.028 462 123,986 enditure on: 122.838 1.079 123,917 Net gainslllossesl on ini'estineiiis Net moTremtnt in funds 13421 1,583 1,190 Fund balance5 al l Januarv 2021 14,750 17.146 42.997 Fund b#lAthtts #131 Detember2021 14,4U8 11,QiO 18,729 44,187 THE PCC OF ST. MARY THE VIRGIN CHURCH, WARE BALANCE SHEET ASA T 31 DECEMBER 21122 2022 2021 Nott5 Fixed a$5ets Inve%ttnenls Io 7.784 8.829 Current asse15 tk.biors Cash at bank and in hdnd ,028 44.844 44.848 52,872 44,848 Creditors.. amounts falling due within one year 12 {10,4961 19,4901 Net ¢urrL'ni ￿$SL￿1$ 42,376 35,358 Tolal ¥ssets less eurrent li#bilitits 50,160 44,187 Capital funds F.ndL)iTrmuni funds Income funds 13 18.330 18.729 14 36,530 14,7001 11,050 14,408 Unresiricied lunds 50.160 44.187 ThL findnLiJl staietncnt4 %%'¢r¢ approled b>. thi P(.'(.' Members on 4 April 202.1 Re%. Y.R. Pcnielo%i' PLC-. C'.hair CJ.M. Meldrum Trt*surer THE PCC OF ST. MARY THE VIRGIN CHURCH, WARE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Accounting polities Cbarity information I h¢ PL'C- ol- 51. Miir). Ihc Virgin Church, M'art is a body corporaie IPCC POl￿erS NIc￿ure 1956. Church Repre5entalio Rules 20061. Attounting tonTrentro 'I"h¢ tinaTicial siaiLmenis have ken preparcd in accordli nce with the C hurch's goi'eming document, Ihe Charitie5 Act 2(11 I, I.'R% 10? -Thi Financial Reporiitig Siandard appliuabli in ihc UK and RLpublic ofr. IrLland-' I'"FRS 102-'1 and tl)e C'hariiies 50RP 'ALLouniing R￿￿ril￿g b% ChariliLs-. SiaiLniLnl of RL*oinmLtidcd PiaeiicL applicable 10 charities preparing IhLir aLcounis in aLLOrd￿LL tviih IhL Findncial IILrK)rting Siandard appliiablk tn IhL UK and Republic ol- Ireland IFRS 1021" leffeLliwe l JanuaT) 20191. The Chiireh is a Public BLmLfil Eniily as dclined bv TrRS 102. The Church hag taken ad￿ani)ge of the prvl'isions in ihe SORP fur Lharities ni)t its prLparL a Siaiemeni ofcash ].-10￿'s. -rhL' findnLial slat¢m¢n15 haw¢ depart¢d frotn th¢ Charities (Accounts and Retxirt%l Regulatio>n8 2008 onli. to IhL extent rLNuired to prowide a true and fair li¢￿. 'l-hi5 dep￿}rture ha5 inN'oli'¢d folloiiing the Stat¢ni¢ni of R¢commend¢d praL￿1cC fur Lhdritl¢s appl)'ino I.-RS 102 rather than the VLrsion of Ihe Siaiemeni of Recommended Practic¢ iihich 15 refcrred to in th¢ Regulations bui i¥hich lias since been wiihdrn￿'n. -Ihe finaiieial siaietnen15 prepared in sterling, ￿'hILh is the fiinLtit>R#l LurrenLy of the ChurLh. mone1￿. amourtis in Ihese financidl %lat¢tnenl% dre rounded i() th¢ neur¢si £. I'h¢ fin. Ihe pro￿ls1On5 vf Section I I 'llasic l.'inancial In8lrum¢nls and %eLtion 12 -other Financial In51rurnenis Issues ol. l-.RS 102 10 all ori15 linancial insirumeDIs. inaiicial insirLimLni% arl recogni8Lbd in Ihe Church's balance sheLI ivhen Ihe Churuh bccomes partv 10 the coniraciual provisions ul'thi in4lrumL'llt. FinanLial a%s¢t5 and liabilitie5 are ofts¢i, %￿lih th¢ n¢1 atnount5 Pr￿ented in the finanLial Statements, H'hen there is a IL'gaI1￿ enlor¢¢abl¢ right to sci oft'ihc rixogntsed amounts and ther¢ is an int¢niioD lo sttile on a Del basi5 or lo reali%¢ the &%s¢l s¢ulc thL liabilii). siinullanL￿U5l￿. Basicfinaiieiul ￿.TSgts Babic f1llL?nLial a54tls, i%'hiLh illLlude dtbiors and L&%h and lyank balancL*, are iniiiall%' measurcd ai Iransaeiion pricc inclliding trdn%dLIi()n Ll)%l% and ￿t.4￿bILq￿ln1l), LdrriLd al ￿Ort1￿l.￿ Lcisl u%ing IhL' LIILLIIN'L inlLfLsI tncihud unlcss ihL' arrangLmLnt Lnnstilut¢% a fiTranri￿g IrJnfiaclii)n. ii'herL ihc t[￿1￿CtIl)n 1% Inia%urLd al Ihe prL'%enl i'JluL (If thL fulurL' rLLeipl% disLounled at a markel raic of ini¢r¢st. l.'inun¢ial a5s¢L% ¢l&%%ifri¢(1 r¢itiiJble iiiihin one year ar¢ not amoniscd. Bo.ficfinoneialliubilities Ba4iL lin￿cial l1gnisid al transaLlion price unles5 the aryangenivnl ￿nstItU1[5 a financing triin￿oLtiQTr. whtre Ihc debi insifLiinLni is measurcd ai Ihc prc%cni lalue ofihe fulurc pa}'m¢nt5 discounted ai a markei rate of ini¢r¢st. l. inancial liabililiL% classilicd as pavable %4'iihtii one l'ear are not ainonised. l.inaiicial liabilillLS dri IILfiLugni%Ld %%'hLn thL Church s coniraciual obligaitoiis expire or are dischargled or LailcillL￿. Critit#l atcounti￿g esti]nates and judgement5 In Ihc JppliLaiion of IhL C'liurLh s dilouniing wlibies. IhL PCC. nietnbLrs dri. reqiiircd 10 InakL jiidgcniLnli. Lsliinaics and assumpiioiis aboiil IhL L￿TrinI Jmouni of askis and liabililiLS thai ari n(>1 fLadil)' appareni triiin oihcr sol1rcL￿. I'hc e51imaiLs 'iiig assumpitons *qre re￿]¢11.ed ongoing basis. Rei'i8ion.8 io H￿1)11￿[1ng esiiiiiaies a r¢cogni￿ed in Ihe Piriod iii ii'hich Iht LsiimaiE is rekised ii.hire Ihi f¥￿Is￿on allccis i)nl%' Ihai period. or in the P-riod ot. Ihc rckisioii and luttsre periods ii.hLFL the re%'ision anects boih curreni dnd fuiure ￿rIOdS. THE PCC OF ST. MARY THE VIRGIN CHURCH, WARE NOTES TO THF, FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2022 Donations and legacies Unrestricted funds 2022 Restricted funds 2022 Total Unreslritlcd tunds 2021 Ilestrictcd f￿ndS 2021 Total 21122 2021 Planned Giving SLherne CiillAid recoverabli 011 42.710 42,710 41.085 41.085 12,290 14,120 3,685 12,290 14.120 9.)96 14.490 2,4QO 9,596 14,490 2,400 OthLr Planned (JI￿l￿g other Liill Aid CJlN'Trng al services and 7,440 5,008 43,333 24.80U 840 48,341 24,800 11,779 5,040 3.300 8.897 5.040 3.300 9.918 Gr￿15 TeL¢iTrable l)onaiions 10.939 88.752 76.413 165.165 84.808 85,829 Charitable activities 2022 2021 I'idding and fuiieral ltis OihLr inLomt 10.726 3.523 12.995 12.967 14,24l} 25,9C?2 Other trnding actiTr'ities 2022 2021 'undraising Llcnls 9.312 2,416 10,5.39 94Y 1,728 11,488 12 THE PCC OFST. ￿lARy THE VIRGIN CIIURCII, IVARE o'rF:s'ro TIIF. FFN.4N('J,11. %'I-:11-Tr.'IIF.%-1-S ICOI'I-I)I l.Tr-Dl roR THE >E4R ENDED 31 DFCE,tyIBER ?022 U#reslri(¢td Rts¢r5tttd Er￿￿￿oftt Total U￿eSth￿￿d R￿￿¢[ed EndoHmeTht 2022 2•22 2021 I￿0￿¢ from Iisttd investments 224 646 238 462 707 THE PCC OF ST. MARY THE VIRGIN CHURCH, WARE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Charitable acfivitie5 2022 2021 Ministry- p￿ish Share CILr&N' exp-nsL'8 67.852 880 15,78? 4.708 65,631 746 15.965 2.407 8.160 4.246 2,461 Wedding5 and funeral Ilonoraria ChurLh suppli¢5 UpkLip ()[ ￿'r¥.]CeS Printing. rosiagc ond siationery Naw¢ redeioraiion Ilcpairs maintL.ll￿LC C'hurLh repairs and mainienartLC- spcLial projecis Mfiscellan¢ou5 expeiises 4,739 3,339 3.18() 49.871 5.315 11,407 4.013 6.526 119.878 Chjrilable gii'ing Shari uf 8o&¢rn4nLe costs Is¢e note 81 -054 2,985 2.685 185.2¥4 123.917 Anllly5is by fund UnrLsiriciLd fLindg Resiri¢lcd funds 132.1fj8 53.126 122.838 .r179 185,?84 123.917 Support cost5 Support costs Goverllantt to$t5 2022 2021 ALCOLintanch' le¢% 2,685 2,685 2,985 2.Ci%i 2,685 2.985 Andl) SLd hL'lii¢¢n 2.685 2.685 2.985 pcc r*lembcrs N(In¢ of IliL I)C'C iiiiiiiiK"rs lor