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|||||||Pages|
|---|---|---|---|---|---|---|
|Trustees'
annual
report (incorporating|||the|director's|report)|1to8|
|Independent
examiner's
report to the|||trustees||||
|Statement
offinancial|activities|(including||income and|||
|expenditure
account)||||||10|
|Statement
offinancial|position||||||
|Notes to the financial|statements|||||12to 26|
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|Registered||charity|name|name|The Melanesian|Mission|||
|---|---|---|---|---|---|---|---|---|
|Charity registration|||number||1104551||||
|Company|registration|||number|05101167||||
|Principal office and|||registered||21 The Burlands||||
|office|||||Feniton||||
||||||Honiton||||
||||||Devon||||
||||||EX143UN||||
|The trustees|||||Canon J Brooke|||(Re-elected 21 September 2020)|
||||||Mr A M Cartwright|||(Retired 21 September 2020)|
||||||Revd M BCox||||
||||||Revd C Duce||||
||||||Ven Dr M R Gilbertson - Vice Chair|||(Re-elected 21 September 2020)|
||||||Mrs D Jordan||||
||||||Revd J Pinder||||
||||||Miss KPwaisiho||||
||||||Rt Revd M J Rylands - Chair||||
||||||Mr SJ Scoffietd||||
||||||Revd J JWise||||
|Company|secretary||||Katie Drew||||
|Independent||examiner|||Catherine
Williams ACA DChA||||
||||||Thomas Westcott Chartered||Accountants||
||||||47 Boutport Street||||
||||||Barnstaple||||
||||||Devon||||
||||||EX31 1SQ||||
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|||||2021|2021||2020|
|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|||
||||funds|funds|funds|Total funds|Total funds|
|||Note||R||||
|Income and endowments||||||||
|Donations
and legacies||5|21,725|50,922||72,647|40,866|
|Investment
income||6|104,213||1,598|105,811|109,695|
|Total income|||125,938|50,922|1,598|178,458|150,561|
|Expenditure||||||||
|Expenditure
on||||||||
|charitable
activities||7,8|98,290|53,924||152,214|140,365|
|Total expenditure|||98,290|53,924||152,214|140,365|
|Net income/(expenditure)||||||||
|before investment||||||||
|(losses)/gains|||27,648|(3,002)|1,598|26,244|10,196|
|Net gains/(losses)|on|||||||
|investments||11|451,046||6,903|457,949|(55,126)|
|Net income/(expenditure)||||||||
|and net movement|in funds||478,694|(3,002)|8,501|484,193|(44,930)|
|Reconciliation
of|funds|||||||
|Total funds brought|forward||2,893,071|8,012|44,364|2,945,447|2,990,377|
|Total funds carried forward|||3,371,765|5,010|52,865|3,429,640|2,945,447|
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|31 March|2021|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Note||2021||2020||
|||||||||F||
|Fixed assets||||||||||
|Investments||||||3,325,387|||2,867,438|
|Current assets||||||||||
|Debtors|||||16|3156||4,963||
|Cash at bank and||in|hand|||104,276||77,822||
|||||||107,432||82,785||
|Creditors:|amounts||falling due|||||||
|within one year||||||3,179||4,776||
||||||||104,253||78,009|
|Net assets||||||3,429,640|||2,945,447|
|Funds ofthe charity||||||||||
|Endowment|funds||||||52,865||44,364|
|Restricted|funds||||||5,010||8,012|
|Unrestricted|funds|||||3,371,765|||2,893,071|
|Total charity funds||||||3,429,640|||2,945,447|
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|Donatio|ns
and legacies||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2021|
||||E||
|Donations|||||
|Appeals|and donations|20,235|47,059|67,294|
|Gift Aid||1,490|3,863|5,353|
|||21,725|50,922|72,647|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2020|
||||E|F|
|Donations|||||
|Appeals|and donations|18,765|19,718|38,483|
|Gift Aid||1,274|1,109|2,383|
|||20,039|20,827|40,866|
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||||Unrestricted|Endowment|Total Funds|
|---|---|---|---|---|---|
||||Funds|Funds|2021|
||||F|F||
|Bank|interest|receivable|155||155|
|Other|income|from fixed asset investments|104,058|1,598|105,656|
||||104,213|1,598|105,811|
||||Unrestricted|Endowment|Total Funds|
||||Funds|Funds|2020|
||||E|F|F|
|Bank|interest|receivable|361||361|
|Other|income|from fixed asset investments|107,775|1,559|109,334|
||||108,136|1,559|109,695|
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|Expenditu|re
on charitable
activities|by fund type|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2021|
|Charitable|activities|57,212|53,905|111,117|
|Support costs||41,078|19|41,097|
|||98,290|53,924|152,214|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2020|
|||E|||
|Charitable|activities|65,980|20,925|86,905|
|Support costs||53,252|208|53,460|
|||119,232|21,133|140,365|
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|||Activities||||||
|---|---|---|---|---|---|---|---|
|||undertaken|Grant|funding||Total funds|Total fund|
|||directly|of|activities|Support costs|2021|2020|
|Charitable|activities|6,875||104,242|41,097|152,214|140,365|
|Analysis o|fsup|po|rt costs||||
|---|---|---|---|---|---|---|
|||||Charitable|||
|||||activities|Total 2021|Total 2020|
|Staff costs||||36,515|36,515|36,694|
|Other employment|||costs|56|56|309|
|Office expenses||||1,830|1,830|5,039|
|Travel and|subsistence|||267|267|4,091|
|Independent|Examiners fees|||1,610|1,610|2,948|
|Trustee expenses||||39|39|3,418|
|Trustee training||and conferences||||225|
|Insurance||||780|780|736|
|||||41,097|41,097|53,460|
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|Yea|r ended 31 March 2021|||
|---|---|---|---|
|10.|Analysis ofgrants|||
|||2021|2020|
||Grants to institutions|||
||Grants to institutions|104,242|71,168|
||Grants to individuals|||
||Grants to individuals||4,276|
||Total grants|104,242|75,444|
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|11.|Net gains/(lo|sses)
on in|vestme|nts|||||
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Endowment|Total Funds|
|||||||Funds|Funds|2021|
|||||||E|||
||Gains/(losses)|on listed investments||||451,046|6,903|457,949|
|||||||Unrestricted|Endowment|Total Funds|
|||||||Funds|Funds|2020|
|||||||f.|E||
||Gains/(losses)|on listed investments||||(54,287)|(839)|(55,126)|
|12.|Independent|examination|fees||||||
||||||||2021|2020|
||Fees payable|to the independent||examiner|for:||||
||Independent|examination|of the|financial statements|||1,610|2,948|
|13.|Staff costs||||||||
|Staff cos|ts|||||
|---|---|---|---|---|---|
|The total|staff costs and|employee|benefits for the reporting|period are analysed as|follows:|
|||||2021
f|2020
E|
|Wages and salaries||||33,738|33,512|
|Social security costs|||||442|
|Employer|contributions|to pension|plans|2,777|2,740|
|||||36,515|36,694|
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|During
the year
1 Trustee
was reimbursed
travel
expense
F3,165)
Investments|s
totalling f39 (2020: 10 Trustees:|
|---|---|
||Listed|
||investments|
|Cost or valuation||
|At 1 April 2020|2,867,438|
|Additions||
|Fair value movements|457,949|
|At 31 March 2021|3,325,387|
|Impairment||
|At 1 April 2020 and 31 March 2021||
|Carrying
amount||
|At 31 March 2021|3,325,387|
|At 31 March 2020|2,867,438|
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|||2021|2020|
|---|---|---|---|
|||F||
|Other|debtors|3,156|4,963|
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|||2021|2020|
|---|---|---|---|
||||F|
|Accruals and deferred|income|2,611|3,931|
|Social security and other taxes||568|845|
|||3,179|4,776|
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||||At||||Gains and|At|
|---|---|---|---|---|---|---|---|---|
||||1 Apr 2020|Income|Expenditure|Transfers|losses 31|Mar 2021|
||||F|F|F||F|F|
|General|funds||69,997|125,938|(98,290)|(25,735)||71,910|
|Investment||reserve|2,823,074|||5,735|451,046|3,279,855|
|Lambeth|2022|||||20,000||20,000|
||||2,893,071|125,938|(98,290)||451,046|3,371,765|
||||At||||Gains and|At|
||||1 Apr 2019|Income|Expenditure|Transfers|losses 31|Mar 2020|
||||E|E|F|F|F||
|General|funds||59,538|128,175|(119,232)|1,516||69,997|
|Investment||reserve|2,878,920|||(1,559)|(54,287)|2,823,074|
|Lambeth|2022||||||||
||||2,938,458|128,175|(119,232)|(43)|(54,287)|2,893,071|
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|Restr|icted funds|||||||
|---|---|---|---|---|---|---|---|
|||At||||Gains and|At|
|||1 Apr 2020|Income|Expenditure|Transfers|losses $1|Mar 2021|
||||||F||F|
|JCPU||633||(633)||||
|Melanesian
Brotherhood||37|5,635|(5,672)||||
|CSM - Lunch project||1,282|2,263|(1,800)|||1,745|
|CSM - General||637|688|(1,137)|||188|
|CSM - Chapel||3,922|16,640|(19,397)|||1,165|
|CSC - TNK Kindy||282||(270)|||12|
|Community
ofthe Sisters ofthe||||||||
|Church General|||4,740|(4,740)||||
|Emergency
Appeal - Cyclone||||||||
|Harold|||19,710|(19,660)|||50|
|Society ofStFrancis|||157||||157|
|Exeter Dicoese|links|893|1,000|(250)|||1,643|
|Human
Rights|BHC|305||(286)|||19|
|Mothers'
Union||21|||||21|
|Other restricted|funds||90|(80)|||10|
|||8,012|50,922|(53,924)|||5,010|
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||At||||Gains and|At|
|---|---|---|---|---|---|---|
||1 Apr 2019|Income|Expenditure|Transfers|losses 31 Mar 2020||
||||F||||
|JCPU|633|||||633|
|Melanesian
Brotherhood|37|38|(38)|||37|
|CSM - Lunch project|1,107|1,975|(1,800)|||1,282|
|CSM - General||637||||637|
|CSM - Chapel||3,922||||3,922|
|CSC - TNK Kindy||332|(50)|||282|
|Community
ofthe Sisters|||||||
|ofthe Church General||4,452|(4,453)||||
|Emergency
Appeal-|||||||
|Cyclone Harold|||||||
|Society ofSt Francis|||||||
|Exeter Dicoese links|810|500|(417)|||893|
|Human
Rights BHC|285|247|(227)|||305|
|Mothers'
Union|2|735|(716)|||21|
|Other restricted funds|27|2,470|(2,540)|43|||
|Richard
Lumley
Education|||||||
|Projects grant|4,689||(4,689)||||
|Joseph Banks Society|557||(557)||||
|Christian
Distinctiveness|||||||
|Project - Vanuatu|||||||
|Resources||1,005|(1,005)||||
|Melanesian
Brotherhood|||||||
|Ambae relocation|92|1,000|(1,092)||||
|St Patricks Ambae|||||||
|relocation|35|3,514|(3,549)||||
||8,275|20,827|(21,133)|43||8,012|
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||At||||Gains and|At|
|---|---|---|---|---|---|---|
||1 Apr 2020|Income|Expenditure|Transfers|losses 31|Mar 2021|
|||F|||E||
|Patteson Moss|||||||
|Fund|3,667|101|||582|4,350|
|Amy Rawson|13,565|499|||2,107|16,171|
|Elenor Rawson|13,565|499|||2,107|16,171|
|Cyril Rawson|13,567|499|||2,107|16,173|
|||1,598|||6,903|52,865|
||At||||Gains and|At|
||1 Apr 2019
E|Income
F|Expenditure
E|Transfers
F|losses 31
F|Mar 2020
f|
|Patteson Moss|||||||
|Fund|3,685|74|||(92)|3,667|
|Amy Rawson|13,319|495|||(249)|13,565|
|Eienor Rawson|13,319|495|||(249)|13,565|
|Cyril Rawson|13,321|495|||(249)|13,567|
||43,644|1,559|||(839)||
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|Analysis ofnet as|sets between|funds||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|TotalFunds|
|||Funds|Funds|Funds|2021|
|||F||||
|Investments||3,279,855||45,532|3,325,387|
|Current assets||95,089|5,010|7,333|107,432|
|Creditors less than|1 year|(3,179)|||(3,179)|
|Net assets||3,371,765|5,010|52,865|3,429,640|
|||Unrestricted|Restricted|Endowment|Total Funds|
|||Funds|Funds|Funds|2020|
|||||F|F|
|Investments||2,823,074||44,364|2,867,438|
|Current assets||74,773|8,012||82,785|
|Creditors less than|1 year|(4,776)|||(4,776)|
|Net assets||2,893,071|8,012||2,945,447|
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