ST MARY THE VIRGIN. SHEERING
Registered Charity Number 1149115
REPORT OF THE TRUSTEES AND
FINANCIAL sfATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
FOR
ST MARY THE VIRGIN, SHEERING

ST MARY THE VIRGIN, SHEERING
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 DECEMBER 2021
St Mary's Church is situated in Church Lane. Sh￿ring. ft is part of the Diocese of Chelmsford
within the Church of England. The Corresponden￿ address is The Vicarage. Broomfields.
Hatfield Heath, Bishops Stortford. Herts CM22 7EH.
The Parochial Church Council (PCC) is a charity registered with the Charity Commission
(Charity number 1149115).
PCC members who have ￿rVed from 1 January 2021 until the date this Report was
approved are".
Incumbent:
The Revd Dawn Jewson
Chair:
Vice Chair:
Wardens:
The Revd Dawn Jewson
Mrs Jane Potter
Mrs Elsie Baker
Mrs Fiona Klimcke
Traasurer:
Mrs Niki Fletcher (until May 2021)
Mrs Jean Franks (from May 2021)
Secretary:
Mrs Elsie Baker
Representatives on Deanery Synod: Mrs Jane Potter
Elected members:
Mrs Niki Fletcher
Mrs Lydia Taylor
Mr Nandiran Ratnavel
Bankors:
Barclays Bank UK PIC
Leicester
LE87 2BB
National Weslminster Bank PIC
12 The Rows
Stone Cross
HARLOW
CM20 1 BZ
Independent examiner:
Malcolm Green BA (Hons)
S, The Gowers
Harlow
CM20 2JP

ST MARY THE VIRGIN. SHEERING
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2021
The trustees present their report with the financial statements of the charity for the year ended 31
De￿rnber 2021. The trustees have adoFrted the provisions of Accounting and Reporting by Charities:
Statement of Recommended Pradice applicable to charities prepanng their accounts in accordan
with the Financial Rewrting StarKlard applicable in the UK and Republic of Ireland (FRS 102) (effective
1 January 20191.
STRUCTURE, GOVERNANCE AND MANAGEMEKr
Governing document
The church is govemed by the Parochial Church Council Powers Measure {1956) as amended and
Churth Representstion rules th* t2rnÈ into force on 2nd January 1957.
Structure
The method of appointment of PCC members is set out in the Church Representstion Rules All Church
attendees are encouraged to register on the Electoral Roll and stand for election to the PCC.
Objectives and activities
St. Mary's PCC has the responsibilty of ¢troperating with the Inujmbent. the Revd Dawn Jev￿on, in
promoting within the ecdesiastical parish, the whole mission of the Church, pastoral, evangelistic, social
and ecumenical. It also has Maintenan￿ resFortsibilities for the Church. Church Room and grounds.
Committees
The PCC operates through committees, and also receives rewrts and advi￿ from various groups
which may m8et between full meetings of the PCC.
Standing Committee: This is the only comm¢ttee required by law. It has power to transact the business
of the PCC befv￿en its meetings. subj.ect to any directions gNen by the Council.
Finance Commtmee..
Oversees the general finan￿ dimension of the work of St Mary's by monitoring income and expenditure,
budgeting and co-ordiTh*ing the annual review of the Christian Stewardship of money through planned
giving.
Fabric Committee: Attends to matters relating to Ihe stewardship of plant, such as the church buildings
and fabric, the churchyard (induding overseeing the implementation of the Diocesan churchyard
regulations).
Worship Committee: Plans seNices and oversees the musical life of the Church.
Church attendance
At the beginning of 2021 there were 42 parishioners on the Roll. 21 of them were not resident within
the parish. During the period (January to December) 3 names were removed and 2 added. The Electoral
Roll at the end of 2021 stands at 41 memters, 18 norFresthnL
The Parish Count figure in October averaged 13 adults per Sunday. However at least four more people
were regulady attending via Zoom rather than in person due to the Covid 19 pandemic.
Review of the year
The fijll PCC met 8 times during the year wtth an average level of attendance of 78.6%. Committees
met be￿een meetings, and minLrtes of their deliberations Y￿re received by the full PCC and discussed.
Vvhere necessary meetings were held via Zoom. An EPCM was held on 28 February to agree the
Financial Statements for the year ending Decern￿r 2020 and to appoint an Independent Examiner
The Church was used throughout the year for 2 weddings. O baptisms and 3 funerals. There were
unfortunately no con￿rtS or festivals due to lockdown and restridions. but school usage did resume in
October.

ST MARY THE VIRGIN, SHEERING
REPORT OF THE TRUSTEES
FOR THEYEAR ENDED 31 DECEMBER 2021
STRUCTURE, GOVERNANCE AND MANAGEMENT
Financial review (detailed in the Financial Statements)
Income
Total Income for the year VRS £29,403 (unrestricted) and £3.154 (restricted).
Expenditure
Total expenditure for the year was £30.228 expended from general funds and £3.652
expended from restricted funds.
The accounts showed a deficit for the year of £825 in our unrestricted funds, as our outgoing
exceeded our incoming reSoUr￿s. This meant that the balan￿ of our unrestricted funds
decreased from £8,392 at the end of the last financial year to £7.567 at the end of this financial
year.
The chartiable giving for the year amounted to £40 and supported, intemational charities and
organisations.
The ongoing Parish Share (xntribution (for DI0￿San provision) represents a significant
challenge, and the PCC continues in its endeavours to m￿t this in order that the work of
spreading the good news of Jesus can continue to be effective and relevant in our community.
Looking foNrfard the Diocese are requesting a reduced Parish Share contribution (from £20,000
to £16,000} and hopefully this will ease the financial burden and help us to be more outward
focused.
Public benefit statement
In shaping the Church's objectives and planning the activtties, the PCC members have
considered the Charity Commission's guidance on public benef
A thank you to all
Finally, on behalf of the PCC, I would like to express thanks once again to the congregation for
their continuing financial support during 2021 which was another very challenging year in both
our Church and in the wider world due to the Covid 19 pandemic. I would also like to express
thanks to everybody who helps with the smooth running of St. MaWs finan￿s, particularly
Philip Taylor who has supported me in my role, and whose invaluable help I greatly rely upon"
Jane Potter who, together with Philip Taylor and myself, make up our finan￿ Comm[tt￿,. Philip
Taylor helping with monitoring the accounts and producing financial reports for PCC meetings
and Jane Potter faithfijlly dealing with reclaim of Grft Aid tax" Vemon Baker and Philip Taylor
who look after collections" and Elsie Baker who looks after the finan￿ for Friends of St.
Mary's.
Approved by order of the board of trustees on .
behalf by..
and signèd on its
Mrs Jean Franks, Treasurer

ST MARY THE VIRGIN, SHEERING
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
ST MARY THE VIRGIN. SHEERING
Independent examinerfs report to the trustees of St Mary the Virgin. Sheering
I report to the charity trustees on my examination of the accounts of St Mary the Virgin,
Sheering (the Trust) for the year erKled 31 December 2021.
Responsibilities and basis of report
As the charity trustees of the Trust, you are responsible for the preparation of the accounts in
accordan￿ with the requirements of the Charities Act 2011 {'the Act,).
I report in respect of my examination of the Trust's accounts carried out under section 145 of
the Act and in carrying out my examinalion I have ft)Ilowed all applicable Directions given by
the Charity Commission under section 145(5)(b) of the Act.
Independent examin•f8 Statemènt
I have completed my examination. I confimi that no material matters have come to my attention
in connection with the examination giving me tsuse to believe that in any material respect:
1. accounb'ng records were not kept in respect of the Trust as required by section 130 of the
Act; or
2. the accounts do not accord wrth those records" or
3. the accounts do not comply with the applicable requirements con￿MIng the fomi and
content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other
than any requirement that the accounts give a true and fair view vthich is not a matter
considered as part of an independent examination.
I have no concems and have come across no other matters in connection with the examination
to which attention should be drawn in this report in order to enable a proper understanding of
the accounts to be reached.
Signed.........................................
M Green
Independent Examiner

ST MARY THE VIRGIN, SHEERING
statement of Financial Activities
For the Year Ended 31 December 2021
UDrestii¢ted Restricted Endowmemt
funds
r•Dd8
Totsl
2020
2021
Income and endowments from:
Donations and legacies
Income from charitable activities
Investments
Other income
Total income
26,066
2,923
414
1,745
27.811
2,923
414
1,409
32.557
31,952
1,640
531
1.409
3,154
29A03
34,124
Exponditure on".
Expenditure on charitable activibes
Total expenditure
30,228
30.228
3,652
3.652
33,880
33,880
29,184
29,184
Gains I losses on investment
assets
Net income I lexpenditure)
resources before transfer
2.685
2,685
5.001
(825)
1498)
1,362
9.942
Transfers
Gross transfers between funds- in
Gross transfers between funds-
out
Other recognised gains I losses
Net movement in funds
9,446
{9,446)
{825)
1498)
2,685
1,362
9,942
Total fvnds brought forward
8.392
8.451
18,971
35.814
25,873
Total funds carried foNArd
7.567
7.953
21,656
37.176
35,814

ST MARY THE VIRGIN. SHEERING
Balance sheet
31 December 2021
Total Funds
2021
Total Funds
2020
Fixed assets
Investments
21,656
21,656
18,971
18,971
Current assets
Debtors
Cash at bank and in hand
1,439
15.590
17,029
2.040
15,959
17,999
Liabilities
Creditors: Amounts falling due in one year
1.509
1.509
1.156
1,156
Net current assets less current liabilities
15.520
16.843
Total assets less current liabilities
37.176
35.814
Total net assets less liabilities
37.176
35.814
Represented by
Unrestricted
General fund
Restrictsd
Flower Fund
Friends Of St Ma￿S
Len Gunn Bequest
Pam Gunn Memorial Fund
Endowment
Scoones Bequest
Williams Bequest
Funds of the church
7,567
8.392
169
6.729
1.000
55
169
7.227
1.000
55
9.051
12,605
37,176
7,929
11,043
35,814
The financial ststements were approV￿s by the Board of Trustees and authorised for Fssue on
Rev Da
on (Chair) -Trustee
Mrs Jean Franks ffreaSu￿r)

ST MARYTHE VIRGIN, SHEERING
Notes to the Financial Statements
For the Year Ended 31 December 2021
1. Statutory Inforniation
st Mary the Virgin is an unincorporated charity. registered in the name of The Parochial
Church Council of the Ecclesiastical Parish of Sh&ring. The principal office is detailed on
page 1 of the financial statements. The financial statements are presented in pounds
sterling, which is the functional currency of the chanty. The financial statements comply with
section 1A of Financial Reporting Standard 102.
2. Accounting Policies
Basis of preparing the financial statements
The financial statements of the charity. which is a public benefft entsty under FRS 102 have
been prepared in accordan￿ with the Charities SORP{FRS 102) 'Accounting and Reporting
by Charities: Statement of Recommended Practise applicable to charities preparing their
accounts in accordan￿ wilh the Financial Reporting Standard applicable in the UK and
Republic of Ireland {FRS 102) (effective 1 January 2019)., Financial Reporting Standard 102
'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the
Charities Act 2011. The financial statements have b*n prepared under the historical cost
convention, with the ex￿ptIOn of investments which are included at market value, as modified
by the revaluation of ￿rtain assets.
Income
All income is recognised in the Ststement of Financial Activities On￿ the charity has
entitlement to the funds, it is probable that the income will be received and the amount can be
measured reliably.
Expenditure
Liabilities are recognised has expenditure as soon as there is a legal or constructNe obligation
commitb'ng the charity to that expendrture. it is probable that a transfer of economic beneffts
will be required in settlement and the amount of the obligalion can be measured relaxed.
Expenditure is accounted for on an accurate basis and has been classified under headings
that aggregate all cost related to the category where costs cannot be directly attributed two
particular headings they have been allO￿ted to activities on a basis consistent with the use of
resour￿$
Grants offered subject to conditions which have not been met at the year end date are noted
as a commitrnent but not accrued as expenditure.
Taxation
The charity is exempt from tax on its charitable activities
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion
of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the
charity. Restrictions arise when specified by the donor or when funds are raised for particular
restricted purposes.
Further explanation of the nature and purpose of each fund is induded Tn the notes to the
financial statements
Investments
Investments comprise a managed investrnent fund. Investrients are measured at fair value
with changes in fair value recognised in the statement of financial activities.

ST MARY THE VIRGIN, SHEERING
Analysis of income and expenditure
Unrestricted Restricted Endovmient This
ear
Last
ear
INCOME AND ENDOWMENTS
General Restrieted EndowmeDt
2021
2020
Donations and legacies
Gtft Aid- Bank
Other planned giving
Loose plate collections
One-off Gift Aid gffts
Donations appeals etc
Tax recoverable on Gift Aid
Non-recurring one-off grants
Other funds generated
3,353
12,114
908
1,658
3.782
4,030
40
310
3,393
12,424
908
1,668
3,957
5,149
9,154
10,245
189
100
10
176
1.119
3,758
3,000
2,663
31,952
221
26.066
90
1.745
312
27,811
Total
Incomefrom charitable octivities
Fees for vRddings and
funerals
Salary of administrator
reimbursement
2,923
2,923
1,640
Total
2,923
2,923
Investments
Bank and building society
interest
414
414
531
Total
414
414
531
Other income
Insuran￿ claims
1,409
1,409
Total
INCOME TOTAL
29.403
3.154
32,557
34,124
The charty also receives fees for weddings. funerals and other related services, in its capacity
as agent, on behalf of the Di0￿san Board of Finan￿ and other service providers. Neither
these re￿ipts nor their subseqL*nt payments is recognised in income and expenditure. For
the year under review, such fees amounted to £ 1,400 which have been paid over to those
sep4ice providers by the balan￿ sheet date.

ST MARY THE VIRGIN, SHEERING
EXPENDITURE
Expenditure on charitoble octivities
General Restricted End¢)wment
2021
2020
Giving to missionary societies
Secular charrties
Ministry parish share etc
Assistant staff costs
Salary of parish admintstrator
Working expenses of
incumbent
Church running - insurance
Organ I piano tuning
Church maintenan
Upkeep of services
Upkeep of churchyard
Administration
Church running- electric
Church running - water
Hall running - maintenance
Hall + major repairs-
structure
Hall + major repairs-
installation
Other PCC propety upkeep
Totsl
EXPENDITURE TOTAL
20
20
20,000
20
20
20.000
16,000
3,106
1.798
74
1.798
74
2.167
220
2.167
220
478
3,443
297
2.772
478
836
50
71
1,483
20
278
1,523
98
1,523
98
625
780
625
780
906
2,074
157
1.492
3.652
3.652
1.492
33,880
33,880
228
29,184
29,184
30.228
30.228
INCOME le55 EXPENDITURE
GRAND TOTAL
825
498
1,323
4,940
There were no trustees. remuneration or other benefits for the year ended 31 December 2021
nor for the year ended 31 De￿rnber 2020
There were no trustees, expenses paid for the year ended 31 De￿rnber 2021 nor for the year
ended 31 De￿mber 2020
io

ST MARY THE VIRGIN. SHEERING
ststement of assets and liabilities
General Restricted Endowment
2021
2020
Fixed assets- Tangible assets
Willi8m$ 8equest-
Scoones Bequest-
12,605
9,051
21,656
12,605
9.051
21,656
11,043
Totals
18,971
Curvent assets- Cash at bank and In
hand
Bank ¢Ufrent acI￿nt-
Bank Friends account-
Cash in hand -
7.398
103
89
7,831
169
8,089
7,487
7,934
169
15,590
7,405
8,385
169
15,959
Totals
7,502
Current assets- Debto
Accounts Receivab￿ -
95
1.439
1N39
2,040
Totals
Liabilities - Aggncy a¢¢ounts
Agency collectiorB-
31
31
31
31
143
{1431
Totals
Llabllttles - Credltors: Amounts
folling due in one year
Accounts Paya￿e-
1.278
1278
200
1.478
1A78
1,299
1.299
Totals
Grdnd total
7.567
21.656
35,814
Fund movement by type
ni
Incomin
oin
Transfers
Gainlloss Closin
Flower- Flower Fund
Restricted
169
169
169
169
SU1￿10tal for Flo*
Frlends- Frlends of St IAary
Restricted
7.227
3,154
3.154
3,652
3,652
6,729
6,729
Sub40ts1 for Friends
LenGunn - Len Gunn Bequest
Restricted
Sub4otal for LenGunn
1.000
1.1)00
PamGunn - Pam Gunn
Memorlal Fund
Restricted
Sub4otal for PamGunn
55
55
Scoones . Scoongs Bgquost
Endowment
Sub40ts1 for Scoones
7.929
1,122
9,051
Williams - Williams Bequest
Endowment
SulAotal for Willlams
1.563
1,563
12,605
12,605
General - General fund
Unrestricted
Sul>*otal for Generdl
8.392
8J92
29.403
29.403
30,228
7,567
7.567
Grnnd t(rtal
14
li