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|||||||Pages|
|---|---|---|---|---|---|---|
|Trustees'
annual
report (incorporating|||the|director's|report)|1to 8|
|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 25|
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|Registered||charity|name|name|The Melanesian|Mission|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|||
||||||Revd M BCox|||
||||||Revd C Duce|||
||||||Ven Dr M R Gilbertson||-Vice Chair|
||||||Mrs D Jordan|||
||||||Revd J Pinder|||
||||||Miss K Pwaisiho|||
||||||Mr SJ Scoffield|||
||||||Rt Revd M J Rylands - Chair|||
||||||Revd J JWise|||
|Company|secretary||||Katie Drew|||
|Independent||examiner|||Catherine
Williams ACA DChA|||
||||||Westcotts LLP|||
||||||Chartered
Accountants|||
||||||47 Boutport Street|||
||||||Barn staple|||
||||||Devon|||
||||||EX31 1SQ|||
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|||||2022|2022||2021|
|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|||
||||funds|funds|funds|Total funds|Total funds|
|||Note||||||
|Income and endowments||||||||
|Donations
and legacies||5|29,855|20,675||50,530|72,647|
|investment
income||6|108,412||1,596|110,008|105,811|
|Total income|||138,267|20,675|1,596|160,538|178,458|
|Expenditure||||||||
|Expenditure
on||||||||
|charitable
activities||7,8|153,240|16,456|9,514|179,210|152,214|
|Total expenditure|||153,240|16,456|9,514|179,210|152,214|
|Net gains on||||||||
|investments||11|320,995||678|321,673|457,949|
|Net income and net||||||||
|movement
in funds|||306,022|4,219|(7,240)|303,001|494,193|
|Reconciliation
offunds||||||||
|Total funds brought|forward||3,371,765|5,010|52,865|3,429,640|2,945,447|
|Total funds carried|forward||3,677,787|9,229|45,625|3,732,641|3,429,640|
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|Donatio|ns
and legacies||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2022|
|||F|F||
|Donations|||||
|Appeals|and donations|27,167|19,638|46,805|
|Gift Aid||2,688|1,037|3,725|
|||29,855|20,675|50,530|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2021|
||||F|F|
|Donations|||||
|Appeals|and donations|20,235|47,059|67,294|
|Gift Aid||1,490|3,863|5,353|
|||21,725|50,922|72,647|
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||||Unrestricted|Endowment|Total Funds|
|---|---|---|---|---|---|
||||Funds|Funds|2022|
|Sank|interest|receivable|53||53|
|Other|income|from fixed asset investments|108,359|1,596|109,955|
||||108,412|1,596|110,008|
||||Unrestricted|Endowment|Total Funds|
||||Funds|Funds|2021|
|||||F||
|Bank|interest|receivable|155||155|
|Other|income|from fixed asset investments|104,058|1,598|105,656|
||||104,213|1,598|105,811|
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|Expenditur|e
on charitable
a|ctivities
by fund type||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total Funds|
|||Funds|Funds|Funds|2022|
|Charitable|activities|98,960|15,554|9,514|124,028|
|Support costs||54,280|902||55,182|
|||153,240|16,456|9,514|179,210|
|||Unrestricted|Restricted|Endowment|Total Funds|
|||Funds|Funds|Funds|2021|
||||F|F||
|Charitable|activities|57,212|53,905||111,117|
|Support costs||41,078|19||41,097|
|||98,290|53,924||152,214|
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|||Activities|||||||
|---|---|---|---|---|---|---|---|---|
|||undertaken|Grant|funding|||Total funds|Total fund|
|||directly|of|activities|Support|costs|2022|2021|
|||||F||F||F|
|Charitable|activities|6,223||117,805||55,182|179,210|152,214|
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|Analysis o|fsup|po|rt costs||||
|---|---|---|---|---|---|---|
|||||Charitable|||
|||||activities|Total 2022|Total 2021|
|||||F||F|
|Staff costs||||40,287|40,287|36,515|
|Other employment|||costs|||56|
|Office expenses||||8,662|8,662|1,830|
|Travel and|subsistence|||1,373|1,373|267|
|Independent|Examiners fees|||2,184|2,184|1,610|
|Trustee expenses||||1,939|1,939|39|
|Trustee training||and conferences||20|20||
|Insurance||||717|717|780|
|||||55,182|55,182|41,097|
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|Yea|r ended 31|March 2022||||||
|---|---|---|---|---|---|---|---|
|10.|Analysis of|grants||||||
|||||||2022
f|2021|
||Grants to institutions|||||||
||Grants to institutions|||||117,805|104,242|
||Total grants|||||117,805|104,242|
||The Trustees|make an annual|grant of F39,000 to the Anglican||Church|of Melanesia|(ACoM).|
||Applications|for further grants|are considered|by the Trustees as|appropriate.|||
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|11.|Net gains on|investments|||||||
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Endowment|Total Funds|
|||||||Funds|Funds
F|2022
f|
||Gains/(losses)|on listed investments||||320,995|678|321,673|
|||||||Unrestricted|Endowment|Total Funds|
|||||||Funds|Funds|2021|
||||||||F||
||Gains/(losses)|on listed investments||||451,046|6,903|457,949|
|12.|Independent|examination|fees||||||
||||||||2022|2021|
|||||||||F|
||Fees payable|to the independent||examiner|for:||||
||Independent|examination|ofthe|financial statements|||2,184|1,610|
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|The total|staf|f costs|an|d emplo|yee|ben|efits for|the reporting
p|eriod are analysed
as fol|lows:|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2022|2021|
||||||||||E||
|Wages and salaries|||||||||37,274|33,738|
|Social security costs|||||||||||
|Employer|contributions|||to pension||plans|||3,013|2,777|
||||||||||40,287|36,515|
|The average||head|count of employees||||during|the year was|1 (2021:1).The average|number of|
|full-time|equivalent||employees||during||the year|is analysed as|follows:||
||||||||||2022|2021|
||||||||||No.|No.|
||||||||||1||
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|Investments||
|---|---|
||Listed|
||investments|
|Cost or valuation||
|At 1 April 2021|3,325,387|
|Additions||
|Fair value movements|321,673|
|At 31 March 2022|3,647,060|
|Impairment||
|At 1 April 2021 and 31 March 2022||
|Carrying
amount||
|At 31 March 2022|3,647,060|
|At 31 March 2021|3,325,387|
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|16.|Debtors||||
|---|---|---|---|---|
||||2022|2021|
||Other debtors||6,505|3,156|
|17.|Creditors: amounts|falling due within one year|||
||||2022|2021|
||Accruals and deferred|income|4,113|2,611|
||Social security and other taxes||726|568|
||||4,839|3,179|
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|||At||||Gains and|At|
|---|---|---|---|---|---|---|---|
|||1 Apr 2021|Income|Expenditure|Transfers|losses|31 Mar 2022|
|||||F|F|F|F|
|General|funds|71,910|138,267|(153,240)|||56,937|
|Investment||||||||
|reserve||3,279,855||||320,995|3,600,850|
|Lambeth|2022|20,000|||||20,000|
|||3,371,765|138,267|1153,2401||320,995|3,677,787|
|||At||||Gains and|At|
|||1 Apr 2020|Income|Expenditure|Transfers|losses|31 Mar 2021|
||||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|
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|Restricted funds|||||||
|---|---|---|---|---|---|---|
||At||||Gains and|At|
||1 Apr 2021|Income|Expenditure|Transfers|losses 31|liar 2022|
||F|F|F||F|F|
|Community
ofthe Sisters of|||||||
|the Church General||4,149|(4,149)||||
|Covid Emergency|||||||
|Solomons||1,203|(153)|||1,050|
|CSC - TNK Kindy|12|||||12|
|CSM - General|188|450|(370)|||268|
|CSM - Lunch project|1,745|2,669|(2,475)|||1,939|
|CSM - Chapel|1,165|7,617|(6,000)|||2,782|
|Emergency
Appeal-|||||||
|Cyclone Harold|50|||||50|
|Environment
Observations-|||||||
|Solomons||1,595||||1,595|
|Environment
Observations-|||||||
|Vanuatu||305||||305|
|Society ofSt Francis|157|63|(157)|||63|
|Exeter Dicoese links|1,643|66|(902)|||807|
|Human
Rights BHC|19|||||19|
|Melanesian
Brotherhood||288|(250)|||38|
|Mothers'
Union|21|||||21|
|Other restricted
funds|10|2,020|(2,000)|||30|
|StStephens
Pamua —Girls'|||||||
|Dorm||250||||250|
||5,010|20,675|(16,456)|||9,229|
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|Year ended 31 March|2022|||||||
|---|---|---|---|---|---|---|---|
|19. Analysis ofcharitable|funds|(continued)||||||
||At|||||Gains and|At|
|1 Apr 2020|||Income|Expenditure|Transfers|losses 31|Mar 2021|
||||||E||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 ofSt Francis|||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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|wment
f|unds|||||||
|---|---|---|---|---|---|---|---|
|||At||||Gains and|At|
|||1 Apr 2021|Income|Expenditure|Transfers|losses 51 Mar 2022||
||||||F|||
|Patteson|Moss|||||||
|Fund||4,350|102|(484)||294|4,262|
|Amy Rawson||16,171|498|(3,010)||128|13,787|
|Elenor Rawson||16,171|498|(3,010)||128|13,787|
|Cyril Rawson||16,173|498|(3,010)||128|13,789|
|||52,865|1,596|(9,514)||678|45,625|
|||At||||Gains and|At|
|||1 Apr 2020|Income|Expenditure|Transfers|losses 31 Mar 2021||
|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|
|||44,364|1,598|||6,903|52,865|
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|Analysis of net as|sets between|funds||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total Funds|
|||Funds|Funds|Funds|2022|
|Investments||3,601,435||45,625|3,647,060|
|Current assets||81,191|9,229||90,420|
|Creditors less than|1 year|(4,839)|||(4,839)|
|Net assets||3,677,787|9,229|45,625|3,732,641|
|||Unrestricted|Restricted|Endowment|Total Funds|
|||Funds|Funds|Funds|2021|
|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|
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