Company registration number: 05101167
Charlty registration number: 1104551
The Melanesian Mission
(A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 March 2025
WESTCOTTS
CHARTERED AC¢QUNTANTS
a BVSINE$$ ADVISFRS

The Malanesian Mission
Contents
Reference and Administrative Detalls
Trustees, Report
2to7
Independent Exarniner's Report
Statement of Financial Activities
Balance Sheet
10
Notes to the Financial Statements
11to26

The Melanesian Mission
Reference and Administrative Details
Trustees:
Canon J Brooke (resigned 21 September 2024)
Mr C Butler
Rt Revd S Corley. Chair (appointed 21 September 2024)
Revd C Duce (resigned 21 September 2024)
Mr D Friswell (appointed 9 January 2025>
Ven Dr M R Gilbertson, Vice Chair
Ms J E M Mcilveen (appointed 21 September 2024)
Revd K Pwaisiho
Revd Dr A M Roblnson (appolnted 21 September 2024)
Rt Revd M Rylands (resigned 21 September 2024)
Revd S Rylands (appointed 21 September 2024)
Mr S Scoffield (resigned 6 Janu8ry 2025)
Revd J J Wise
Secretary
Katie Drew
Charity Reglstration Number
1104551
Company Reglstratlon Number 05101167
The charity is incorporated in England and Wales.
5 Trumps Orchard
Cullompton
EX15 1TW
Registered Office
Independent Examlner
Westcotts (SW} LLP
47 Boutport Street
Bamstaple
Devon
EX311SQ
Page 1

The Melanesian Mission
Trustees. Report
The trustees, who are directors for the purposes of company law, present the annual report together
with the financial statements of the charitable company for the year ended 31 March 2025.
Recruitment & Appolntment of Trustees
As pemiitted in the Constitution, two of the Trustee Directors, Revd J Wise and Ven Dr M R
Gilbertson (who replaced Mrs D Jordan), are appointed as Trustees by the Archbishop of Melanesia.
The Revd Richard Carter, as Commissary to the Archbishop of Melanesia, normally attends Trustee
meetings. in a non-voting capacity.
Purposes and Aims
The ￿nstItUtiOnal objective of the Mission is-
'To advance the Christian religion by furthering the charitable activities of the Anglican Church of the
Province of Melanesia in the Province of Melanesia and the United Kingdom,.
Mission Statement
MMUK is a Christlan mission agency working in partnership with the Angllcan Church of Melanesia
(ACOM) through prayer, companionship and giving. The strategic objectives are therefore:
1. Partnership
MMUK seeks to develop living partnerships be￿een ACOM and religious communities in
Melanesia and churches in the UK. for example through ￿0-WaY visits, mlssion and theological
training.
2. Financial Support
MMUK seeks to provide financlal support for ACOM and its chosen projects.
3. Advocacy
MMUK seeks to work in solidarity wlth ACOM and to speak out on issues that affect Melanesia
and its people.
4. Educatlon
MMUK seeks to facilitate connections be￿een schools and colleges in the UK and Melanesia
and to support ACOM in its educational work.
5. Prayer
MMUK seeks to resource and encourage prayer with and for the church in Melanesia and for
the communities it serves. MMUK also seeks to leam from and be refreshed by the riches of
the spiritual life in the church in Melanesia.
In all of this. MMUK seeks to grow creative and constructive friendships in Christ.
Public benefit
The Trustees have considered the Charity Commission's guidan￿ on public benefit and the specific
guidance on charities for the advancement of religion. Having considered the activities which the
Mission undertakes which are detailed in our achievements and performance, 2nd our planning for the
future. the Trustees are of the opinion th8t the Mission exists and conforms to the requirements for the
public benefit.
The Trustees confirm that they have complied with the requirements of section 4 of the Charities Act
2011 to have due regard to the public benefit guidance published by the Charity Commission for
England and Wales.
Page 2

The Melanesian Mission
Trustees. Report
Achlevements and performance
Govemance - The Trustees meet regularly throughout the financial year, online in April 2024, June
2024 and January 2025, and in person November 2024 and in March 2025 at the annual Trustees
Residential. At the November meeting the charity re￿iVed its annual presentation from CCLA, who
hold the charity's investments portfolio. The Trustees also received presentations from guests from
Melanesia who were visiting the UK - Bishop Benedict Loe, Bishop Arthur Abui, Fr Nelson Bako and
Br Augustine.
The Annual General Meeting and Festival Day was held at the Chapel of St Michael's Within, Bath
on 21st September, with over 30 supporters. At the meeting the accounts for 2023 12024 were
approved and Thomas Westcott were approved to be the charitys Independent Examiner for the 2024
2025 accounts. The minutes of the 2023 AGM were approved and signed by the Chair of the Charity.
Rt Revd Mark Rylands, Revd Catherine Duce and Canon Jane Brooke stepped down as Trustees and
Rt Revd Sam Corley. Mrs Jen Mcilveen. Revd Dr Arabella Milbank Robinson and Revd Dr Sam
Rylands were elected at Trustees for a term of three years, to fill the current vacancies. Rt Revd Sam
Corley was also appointed as Chair of Trustees. The Charitls Executive Offficer Katie Drew was
given the new job title of Executive Director of the charity, in recognition of her role and experience of
working for the charity for the last 12 years.
Following the Eucharist and a shared lunch, the MMUK Festival programme began, celebrating both
transition and continuity in the charitys journey. Bishop Mark Rylands opened the afternoon with
heartfelt reflection as he stepped down as Chair. The spirit of mission and partnership was brought to
life through personal stories from Revd Angela Sheard and Mr Thomas Niblett, who shared insights
from their placements in Solomon Islands. A film presented by Katie Drew offered a vivid revlew of the
yearfs work, capturing the breadth of MMUK'S engagement across communitles. The handover to
Bishop Sam Corley as incoming Trustee and Chair was a poignant moment, marked by his own
memories of time spent in Melanesia. The day concluded with a time of spiritual refreshment led by
Revd Jacky Wise, drawing on Melanesian traditions and UK new monastic models. particularly Still
Waters. and closing prayers led by Canon Jane Brooke.
In August 2024, Marie Schlenker, MMUK'S Care for Creation Officer, transitloned to a full-time role
with an environmental charity. We were grateful that, despite this change, Marie continued to
generously volunteer her time and expertise, supporting Mmulf s ongoing commitment to creation
care and climate justice.
Environmental Advocacy and Expansion
MMUK continued its support for the Environment
Observatories in the Solomon Islands, contributing an additional £2,000 towards the project
managerfs salary and providing further funding to cover travel costs for establishing new observatory
sites. These observatories remain vital hubs for community-led climate monitoring and resilien￿.
Pilgrimage for Gender Justice - In June, six pilgrims undertook the 44-mile St Hilda's Way in North
Yorkshire, walking in prayer and solidarity with gender justice missions in Melanesia. Their efforts
raised £2.900 to support programmes led by the Melanesian Sisters and the Sisters of the Church,
empowering women and girls across the region.
Visits and Global Fellowship - Exchange visits remained central to MMUK'S mission of mutual
learning and fellowship.
In July and August, MMUK co-funded and coordinated the UK sabbatical of Archbishop
Leonard Dawea.
In November, the charlty hosted Iwo Melanesian Blshops following their participation in the New
Bishops, Course in Canterbury. arranglng a programm8 of parish and school visits across the
UK.
Page 3

The Melanesian Mission
Trustees. Report
From November through January, MMUK welcomed ACOM Misslon Secretary Fr Nelson Bako
and Br Augustine MBH, facilitating opportunities to meet supporters and engage with parishes
and schools across the UK.
In March MMUK funded Revd Sr Veronica to make a pilgrimage to New Zealand to learn more
about Bishop Selwyn. who founded the Anglican mission to Melanesia.
Placements in Melanesla - Seven UK supporters and clergy travelled to Melanesia on placements
ranging from 10 to 30 days. These visits focused on collaborative projects including teacher training
on faith and science, and the development of climate adaptation resources tallored to local needs.
The charltls Executive Director visited Solomon Islands in February 2025 to meet ACOM staff, the
religious orders and the Mothers, Union. to gain insights into current priorities. challenges and joys.
Responding to Needs Across Melanesia
MMUK maintained its unrestricted annual grant of
£39.000 to the Anglican Church of Melanesia (ACOM), enabling flexible support across diocesan
priorities. In addition, the charity responded to specific requests from ACOM, including..
£2,000 to enable clergy wives to attend Women on the Frontline training in the Solomon Islands
£485 to purchase 12 lifejackets for the DI0￿Se of Hanuato'o, improving safety for mission
travel by sea
Support for expanding sewing workshops run by the Mothers, Union and dlocesan sewing
rooms, with sewing machlnes collected and serviced during the year, ready for shipment in the
next financlal year
Earthquake Response In Vanuatu Following earthquakes In Port Vlla, Vanuatu in December
2024. MMUK launched an emergency appeal to support Acom's response to affected communities.
Thanks to the generosity of supporters, the charity exceeded its £10,000 target and was able to send
£12.000 in aid.
Communications & Networking Throughout the year, MMUK kept supporters and donors closely
connected to its mission. sharing regular updates, prayer requests, and stories from Melanesia. The
charitys website was consistently refreshed with blogs, event details, and intercessions, while six
email newsletters provided timely insights and reflectlons. Following the 2024 AGM, MMUK produced
its Annual Report in both print and digitsl formats, ensuring accessiblllty and transparency.
Seasonal reflections offered moments of spiritual connection: recorded messages were shared for
Advent 2024 from the Community of the Sisters of Melanesia, and for Lent 2025 from the Rt Revd
Willie Pwaisiho, deepening engagement with Melanesian voices and perspectives.
MMUK continued to strengthen its network with other mission agencies working across the region.
The charity actively participated in the O￿anIa Regional Anglican Alliance Committee (ORAC)
conferences and was honoured to present at FONO-the Pacific Anglican Primates, gathering-in New
Zealand in 2025, reinforcing its role as a trusted partner in regional mission and dialogue.
Financial review
The trustees report:
A deficit of £4,787 (2024: deficit of £12.837) on Unrestricted funds befor8 revaluations of investments.
A deficit of £4.039 (2024- deficit of £775) on restricted funds. The deficit is due to restricted funds
received in previous years being spent in this financial year.
Page 4

The Melanesian Mission
Trustees. Report
Prlnclpal fundlng sources
Voluntary income
During the year, the charity received £45.898 In voluntary donations (2024 - £44,006).
Investment income
The accounts show an increase in investment income this year at £116,683 (2024 £113.931). The
Trustees are pleased that investments continue to provide a consistent level of income for the charity.
Reserves Policy and Going Concern
The Trustees hold restricted reserves of £6,304 and endowment reseNes of £49,274
The following designated reserves are held at the year*nd:
Lambeth Fund: £7,083 (towards supporting ACOM attendan￿ at the next Lambeth Conference)
Investment Reserve: £3.512,110 (valuation of unrestricted investments which cannot be used without
being sold)
Remaining reserves of £45,360 are held In the Unrestrlcted Incorne Fund
The remaining reserves of £45,360 are held in the Unrestricted Income Fund.
The Trustees have reviewed the circumstances of the Charity and consider that adequate reSoUr￿S
continue to be avallable to fund its activities for the foreseeable future. The Trustees are of the view
that the charity is a going concern.
Investment policy and objectlves
Adopted in November 2015 and reviewed annually. Objectives:
Balan￿ needs of current and future beneficiaries
Maintain real capital value of funds
Generate sustainable investment income
Target return: inflation + 5% per annum
Management of Risk
Trustees consider the charity's objectives and operations to be inherently low risk, with prO￿dureS in
place to minimise risks.
Identified Risks
Cost of living crlsis may redu￿ voluntary income
Statlc Investment income not keeping pace with expenditure
Potential loss of Executive Officer
Risk Management
Page 5

The Melanesian Mission
Trustees. Report
Trustees manage cashflow risks by:
Preparing and reviewing budgets regularly
Ensuring sufflcient cash deposits are held to meet commitments
Plans for future periods
Priority Work for 2025-2026 Includes:
Pilgrimage and placements: Coordinating reciprocal visits between the UK and Melanesia.
offering training, learning. and spiritual growth for clergy. religious. and lay partners. Supporting
placements of 2 weeks to 9-12 months in Melanesia, tailored to the gifts and skills of
participants
Learning for Life Appeal: Seeking to raise £25.000 by the end of 2025 in support of ACOM
schools and educational institutions
School partnerships.. Providing new RE and cultural resources, while facilitating teacher
exchanges and peer learning across continents
Religious Orders: Strengthening ties between UK-based Companions and Associates and the
Melanesian Brotherhood. Sisters of Melanesia, Sisters of the Church, and Franciscans. through
prayer and shared witness
Trustee and staff visits.. Ensuring regular in-person engagement with church leaders and
institutions in the region, offering relationship-building and project oversight
Building our prayer support: Growing our dlgital presen￿ to invite wider prayerful engagement
with Melanesian communities
Make reasonable and prudent judgements and estimates
Prepare financial statements on a going concern basis
Statement of trustees. responsibllltles
The trustees (who are also the directors of The Melanesian Mission for the purposes of company law)
are responsible for preparing the trustees, report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice), including FRS 102 'The Financial Reporting Standard applicable in the UK and
Republic of Ireland" The report and accounts have been prepared in accordance with the provisions
in the Companies Act 2006 relating to small companies.
Company law requires the trustees to prepare financial statements for each financial year. Under
company law the trustees must not approve the financial statements unless they are satisfied that
they give a tnje and fair view of the state of affairs of the charitable company and of the incoming
reSoUr￿S and application of resources, including its income and expenditure, of the charitable
company for that period. In preparing these financial statements, the trustees are required to:
select suitable accounting policies and apply them consistently.
observe the methods and principles in the Charities SORP:
make judgements and estimates that ara reasonable and prudent:
state whether applicable accounting standards, comprising FRS 102 have been followed. subject
to any material departures disclosed and explained in the financial statements., and
prepare the fInancial statements on the going concern basls unless it is inappropriate to presume
that the charitable company will continue in business.
Page 6

The Melanesian Mission
Trustees. Report
The trustees are responsible for keeplng proper accountlng records that can disclose with reasonable
accuracy at any time the financial position of the charitable company and enable them to ensure that
the financial statements comply with the Companies Act 2006. They are also responsible for
safeguarding the assets of the charitable company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and fsnancial
information included on the charitable companys website. Legislation governing the preparation and
dissemination of financial statements may differ from legislation in other jurisdictions.
Small companies provision statement
This report has been prepared in accordan￿ with the small companies regime under the Companies
Act 2006.
Th8 annual report was approved by the trustees of the charity on
behalf by.
1210912025
and signed on its
+S44K Sea
Rt Revd S Corley
Chair of Trustees
Page 7

The Melanesian Mission
Independent Examiner's Report to the trustees of The Melanesian Mission {'the
Company.)
I report to the charity trustees on my examination of the accounts of the Company for the year ended
31 March 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you
are responsible for the preparation of the accounts in accordance with the requirements of the
Companies Act 2006 ('the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be audited under Part
16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination
of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act,).
In carrying out my examination I have followed the Directions given by the Charity Commission under
section 145(5)(b> of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection
with the examination giving me cause to believe:
1. accountlng records were not kept in respect of The Melanesian Mission as required by section
386 of the 2006 Act., or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act
other than any requirement that the accounts give a 'true and fair view, whlch is not a matter
considered as part of an independent examination. or
4. the accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charitles [applicable to
charities preparing their accounts in accordance with the Flnancial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns 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.
Catherine Williams FCA DChA
Independent Examiner
Westcotts (SW) LLP
47 Boutport Street
Bamstaple
Devon
EX31 1SQ
Date:...
Page 8

The Melanesian Mission
statement of Financial Activities for the Year Ended 31 March 2025
(Including Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Unrestricted Restricted Endowment
funds
funds
funds
Total
2025
Total
2024
Note
Income and Endowments from:
Donations and legacies
Investment income
19,185
115.020
26,713
45,898
116,683
44.006
113,931
1,663
Total income
134.205
26.713
1.663
162,581
157,937
Expenditure on:
Charitsble activities
(138.992!
{138,992)
(30.752)
{169.744)
(169,918)
(169,918)
Total expenditure
30.752)
(169,744)
Net
Incomingl{outgoing)
resources before gains
(losses) on Investment
asset
Galnsl(losses) on listed
investments
(4.787
(4.039)
1,663
(7,163)
{11.981)
224.150
3,099
227,249
(109,132)
Net
incomel(expendlture)
Transfers between
fijnds
219,363
(4,039)
4.762
220,086
(121,113)
(306)
306
Net movement in funds
219.057
(3,733)
4,762
220.086
(121,113)
Reconclllation of funds
Total funds brought
forward
3,346,349
10,037
44,512
3,400,898
3,522.011
Total funds carried
forward
3,565.406
6,304
49,274
3,620.984
3,400,898
All of the charity's activities derive from continuing operations during the above two periods.
The funds breakdown for 2024 is shown in note 17.
The notes on pages 11 to 26 form an integral part of these financial statements.
Page 9

The Melanesian Mission
(Registration number: 05101167)
Balance Sheet as at 31 March 2025
2025
2024
Note
Flxed assets
Investments
13
3,557,045
3,329.797
Current assets
Debtors
Cash at bank and in hand
14
10,647
58,680
7.437
67,045
74,482
69,327
Creditors: Amounts falling due within one year
16
(5,388)
(3,381)
Net current assets
63.939
71.101
Net assets
3,620.984
3.400.898
Funds of the charlty:
Endowment funds
49.274
44,512
Restricted income funds
Restricted funds
6,304
10,037
Unrestrlcted Income funds
Unrestricted funds
3,565,406
3,346.349
Total funds
17
3,620,984
3,400,898
For the fin8nd81 year ending 31 March 2025 the charity was entitled to exemption from audit under
section 477 of the Companies Act 2006 relating to small companies.
Directors, responsibilities:
The members have not required the charity to obtain an audit of its accounts for the year in
question in accordance with section 476; and
The directDrs acknowledge their responsibilities for complying with the requirements of the Act with
respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the special provisions relating to
companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The financial statements on pages 9 to 26 were approved by the trustees, and authorised for issue on
1210912025
and signed on their behalf by:
Rt Revd S Corley
Chair of Trustees
The notes on pages 11 to 26 form an integral part of these financial statements.
Page 10

The Melanesian Mission
Notes to the Financial Statements for tha Year Ended 31 March 2025
1 Charity status
The charity is limited by guarantee, incorporated in England and Wales, and consequently does not
have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards
the assets of the charity in the event of liquidation.
The address of its registered office is:
5 Trumps Orchard
Cullompton
EX15 1TW
2 Accounting policies
Summary of significant accounting policies and key accounting estlmates
The principal accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all the years presented. unless otherwise
stated.
Statement of compliance
The financlal statements have been prepared in accordance with Accounting and Reporting by
CharitSes: Statement of Recommended Practice (applicable to charities preparing their accounts Sn
accordance wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard
applicable In the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Basis of preparatlon
The Melanesian Mission meets the definition of a public benefit entity under FRS 102. Assets and
Siabilities are initially recognised at historical cost or transaction value unless otherwise staled in the
relevant accounting policy notes. The financial statements are prepared in sterling, which is the
functional currency of the entity.
Going concern
The trustees consider that there are no material uncertainties about the charitys ability to continue as
a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by
the charity.
Exemption from preparing a cash flow statement
The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not
included a cash flow statement in these financial statements.
Income and endowments
All income is recognised once the charity has entitlement to the income, it is probable that the income
will be received and the amount of the income receivable can be measured reliably.
Page 11

The Melanesian Mission
Notes to the Financial Statements for the Year Ended 31 March 2025
Donations and legacies
Donatlons are recognised when the charity has been notlfled in writing of both the amount and
settlement date. In the event that a donation is subject to conditions that require a level of
performance by the charlty before the charlty is entitled to the funds, the income is deferred and not
recognised until either those conditions are fully met, or the fulfilment of those conditions Is wholly
wlthin the control of the charity and it is probable that these conditions will be fulfllled in the reporting
period.
Legacy glfts are recognised on a case by case basis followlng the grant of probale when the
administratorlexecutor for the estate has communicated in writing both the amount and settlement
date. In the event that the glft is in the form of an asset other than cash or a financlal asset traded on
a recognised stock exchange, recognition Is subject to the value of the gift being reliably measurable
with a degree of reasonable accuracy and the title to the asset having been transferred to the charity.
Investment Income
Investment income is included when receivable.
Expendlture
All expenditure Is recognised once there Is a legal or constructive obligation to that expenditure, it is
probable settlement Is required and the amount can be measured reliably. A15 costs are allocated to
the applicable expendlture heading that aggregate similar costs to that C8tegory. Where costs cannot
be directly attributed to particular headings they have been allocated on a basis consistent with the
use of resources, wlth central staff costs allocated on the basis of time spent, and depreciation
charges allocated on the portion of the asset's use. Other support costs are allocated based on the
spread of staff costs.
Charitable activities
Charitable expenditure comprises those costs incurred by the charlty in the delivery of its actlvities
and servI￿S for its beneficiaries. It includes both costs that can be allocated directly to such actlvities
and those costs of an indirect nature ne￿SSary to support them.
Grant provisions
Provisions for grants are made when the intention to make a grant has been communicated to the
recipient but there Is uncertainty about either the timing of the grant or the amount of grant payable.
Support costs
Support costs include central functions and have been allocated to activity cost categories on a basis
consistent with the use of resources, for example, allocating property costs by floor areas, or per
capita, staff costs by the time spent and other costs by their usage.
Taxation
The charity is consldered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010
and therefore it meets the definition of a charitable company for UK corporation tax purposes.
Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains
received wlthln categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Sectlon
256 of the Taxation of Chargeable Galns Act 1992, to the extent that such income or gains are
applied exclusively to charitable purposes.
Page 12

The Melanesian Mission
Notes to the Financial Statements for the Year Ended 31 March 2025
Fixed asset investments
Flxed asset investments. other than programme related investments. are Included at market value at
the balan￿ sheet date. Realised gains and losses on investments are calculated as the difference
between sales proceeds and their market value at the start of the year, or their subsequent cost. and
are charged or credited to the Statement of Financial Actimties in the period of disposal.
Unrealised gains and losses represent the movement in market values during the year and are
credited or charged to the Statement of Financial Activities based on the market value at the year end.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly
liquid investments that are readily convertible to a known amount of cash and are subject to an
insignificant risk of change in value.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees dlscretion in
furtherance of the objectives of the charity.
Designated funds are unrestricted funds earmarked by the trustees for a particular future project or
commitment.
Restricted Income funds are those donated for use in a particular area or for specific purposes. the
use of which is restricted to that 8rea or purpose.
Expendable endowment funds are invested to produce income which is restricted to the purposes
declared by the donor.
Financlal Instruments
Classlfication
Financial assets and financial liabilities are recognised when the charity becomes a party to the
contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of Ihe contractual
arrangements entered into. An equity instrument is any contract that evidences a residual interest in
the assets of the charity after deducting all of its liabilities.
Page 13

The Melanesian Mission
Notes to the Financial Statements for the Year Ended 31 March 2025
Récognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction
costs), except for those financial assets classified as at fair value through profit or loss, which are
Initially measured at fair value (which is normally the transaction price excluding transaction costs),
unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing
transaction, the financial asset or financial liability is measured at the present value of the future
payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when. and only
when there exists a legally enforceable right to set off the recognised amounts and the charity intends
either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Flnancial assets are derecognised when and only when a) the contractual rights to the cash flows
from the financlal asset expire or are settled, b) the charity transfers to another party substantially all
of the risks and rewards of ownership of the financial asset. or c) the charity, despite having retained
some. but not all, significant risks and rewards of ownership, has transferred control of the asset to
another party.
Financial Ilabilities are derecognised only when the obllgation specified in the contract is discharged,
cancelled or expires.
Investments
Investments in non-convertible preferen￿ shares and non-puttable ordinary or preference shares
(where shares are publicly traded or their falr value is rellably measurable) are measured al fair value
through profit or loss. Where fair value cannot be measured reliably, investments are measured at
cost less impaiment.
Investments in subsidiarles and associates are measured at cost less impairment. For investments in
subsidlaries acquired for consideration including the issue of shares qu81ifying for merger relief. cost
is measured by reference to the nominal value of the shares Issued plus fair value of other
consideration. Any premium is ignored.
Page 14

The Melanesian Mission
Notes to the Financlal Statements for the Year Ended 31 March 2025
3 Income from donatlons and legacies
Unrestricted
funds
General
Restricted
funds
Total
2025
Donations and legacies;
Appeals and donations
Gift Aid
17,613
1,572
24.338
2,375
41,951
3.947
19,185
26,713
45,898
Unrestricted
funds
General
Restricted
funds
Total
2024
Donations and legacles;
Appeals and donations
Legacies
Gift Aid
15,732
7,500
1.653
17.936
33.668
7,500
2,838
44,006
1,185
24,885
19,121
4 Investment income
Unrestricted
funds
General
Endowment
funds
Expendable
Total
2025
Bank interest receivable
Other income from fixed asset investments
2,262
112.758
2,262
114,421
116.683
1,663
115.020
1,663
Unrestricted
funds
General
Endowment
funds
Expendable
Total
2024
Bank interest receivable
Other income from fixed asset investments
1,831
110,469
1,831
112,100
1,631
112.300
1,631
113.931
Page 15

The Melanesian Mlssion
Notes to the Financial Statements for the Year Ended 31 March 2025
5 Expenditure on charitable actlvities
Unrestrfcted
funds
General
Restrlcted
funds
Total
2025
Note
Activitles undertaken dlrectly
Grant funding of activities
Allocated support costs
13,710
56,183
69,099
138,992
595
30,157
14,305
86,340
69,099
30,752
169,744
Unrestricted
funds
General
Restrlcted
funds
Total
2024
Note
Activities undertaken directly
Grant funding of actlvities
Allocated support costs
26,157
47.521
76,344
150,022
4,757
15,139
30,914
62,660
76,344
169,918
19,896
6 Analysls of support costs
Support costs allocated to charitable activities
Total
2025
Total
2024
staff costs
Office expenses
Travel and subsistence
Independent Examiners fees
Trustee expenses
Governan￿ expenses
Insurance
MMUK Pllgrimage Expenditure
51,761
4,271
4,616
2,800
2,888
57,485
6,937
3,475
2,518
2.667
502
980
1,780
76.344
980
1,783
69,099
Page 16

The Melanesian Mission
Notes to the Financial Statements for the Year Ended 31 March 2025
7 Grant-making
Analysls of grants
Grants to institutions
2025
2024
Grants to institution5
Grants to institutions
86.340
62,660
The Trustee5 make an annual grant of £39.000 to the Anglican Church of Melanesia (ACOM).
Applications for further grants are considered by the Trustees as appropriate,
8 Net Incomlngloutgoing resources
Net outgolng resources for the year include:
2025
2024
Gainsl(losses) on listed investments
(227,249
109.132
9 Trustees remuneration and expenses
No trustees. nor any persons connected with them, have re￿iVed any remuneration from the charity
during the year.
During the year, 10 Trustees were relmbursed travel expenses totalling £2,888 (2024: 8 Trustees:
£2,667).
Page 17

The Melanesian Mission
Notes to the Financial Statements for the Year Ended 31 March 2025
10 Staff costs
The aggregate payroll costs were as follows:
2025
2024
Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs
48,022
55.986
216
3.561
3.739
51,761
59.763
The monthly average number of persons (including senior management I leadership team) employed
by the charity during the year was as follows:
2025
2024
No
Charitable activities
No employee recelved emoluments of more than £60,000 during the year.
11 Independent examlner's remuneratlon
2025
2024
Examination of the financial statements
2,800
2,518
Page 18

The Melanesian Mission
Notes to the Financial Statements for the Year Ended 31 March 2025
12 Taxatlon
The charity is a registered charity and Is therefore exempt from taxation.
13 Investments
Llsted
investments
Cost or Valuatlon
At 1 April 2024
Revaluation
3,329,797
227,248
At 31 March 2025
3.557,045
Net book value
At 31 March 2025
3.557,045
At 31 March 2024
3,329,797
All investments shown above are held at valuation.
The historical cost of the investments Is £1,781,678 (2024: £1,781,678)
14 Debtors
2025
2024
other debtors
10,647
7.437
15 Cash and cash equivalents
2025
2024
Cash at bank
58,680
67.045
16 Creditors: amounts falling due wlthin one year
2025
2024
other taxation and social security
Accruals
657
4,731
5,388
881
2,500
3.381
Page 19

The Melanesian Mission
Notes to the Financial Statements for the Year Ended 31 March 2025
17 Funds
Balance
at1
April Incoming Resources
2024 resources expended
Other
recognised
gainsl
(losses)
Balance
at31
March
2025
Transfers
Unrestricted funds
General funds
Investment reserve
Lambeth
Teacher exchanges
for Chester schools
52,306
3,287,960
5,083
134.205
(138.992)
(2,306)
45,213
224.150 3,512,110
7.083
2,000
1.000
1,000
224,150 3,565,406
3.346.349
134,205 (138,992)
306)
Restrlcted funds
Community of the
Sisters of the Church
General
CSM - General
CSM - Lunch project
CSM - Chapel
Environment
Observatories -
Solomons
Environment
Observatories -
Vanuatu
Exeter Dicoese links
Human Rights BHC
Melanesian
Brotherhood
Mothers, Union
Other restricted
funds
Society of St Francis
st Stephens Pamua
Girls, Dorm
Dux Award
St Bamabas
Cathedral
Melanesian
Brotherhood -
Vanuatu
Minlstry To Women
Appeal
4,125
308
2,368
1,194
(3,625)
(398)
(3,000)
(3.488)
500
669
1,339
127
257
2,089
2,301
502
(118)
120
2,805
(1,684)
1,121
142
750
(128)
(393)
14
783
19
1,557
19
(1,131)
88
57
551
996
(620)
(479)
19
390
(184)
35
273
100
135
273
175
225
175
25
(200)
156
(156)
1,043
(788)
120
375
3.021
{2,909)
(112)
Page 20

The Melanesian Mission
Notes to the Financial Statements for the Year Ended 31 March 2025
Balance
at1
April Incoming Resources
2024 resources expended
other
recognlsed
gainsl
(losses)
Balance
at31
March
2025
Transfers
Mothers, Union -
Vanuatu
Restricted Fund
Education - Vanuatu
Selwyn College
Appeal
Vanuatu Earthquake
Appeal
496
(496)
1,745
(1,745)
125
(125)
9,749
(9,908)
30,752
499
340
10,037
26,713
306
6,304
Endowment funds
Expendable
Patteson Moss Fund
Amy Rawson
Elenor Rawson
Cyril Rawson
4.216
13,431
13,431
13,434
44,512
106
519
519
519
261
946
946
946
4,583
14,896
14.896
14,899
1,663
3,099
49.274
Total funds
3,400.898
162,581
169,744
227,249 3,620.984
Page 21

The Melanesian Mission
Notes to the Financial Statements for the Year Ended 31 March 2025
Balance
at1
Aprll Incoming Resources
2023 resources expended Transfers
Other
recognised
gainsl
(losses)
Balance
at31
March
2024
Unrestricted funds
General funds
Investment reserve
Lambeth
Teacher exchanges for
Chester schools
72,935
3.395.556
3,083
137.185
(150,022)
(7,792)
52.306
(107.596) 3,287,960
5,083
2,000
1,000
(4,792) (107,596) 3,346,349
1,000
3,471,574
137,185 (150,022)
Restricted funds
COVID Emergency-
Solomons
CSM - General
CSM - Lunch project
CSM - Chapel
Emergency Appeal -
Cyclone Harold
Environment
Observatori8S -
Solomons
Environment
Observatories -
Vanuatu
Exeter Dicoese links
Human Rights 8HC
Melanesian
Brotherhood
Mothers, Union
Other restricted funds
Society of St Francis
St stephens Pamua -
Girls, Dorm
st Patrick's. Vanuatu
Dux Award
st Barnabas Cathedral
CSC Retreat House
Extension
113
339
2,064
498
(113)
(998)
(2.850)
{1,510)
916
2,875
3,313
257
2,089
2.301
50
(50)
588
2,888
(4.655)
3,984
2,805
305
807
(305)
750
1,557
19
38
21
155
423
50
70
125
88
57
35
273
(34)
(245)
(150)
175
175
1.810
(1.856)
(200)
46
425
225
156
156
6.168
(6,930
19.896)
762
6,020
19,121
4.792
10.037
Endowment funds
Page 22

The Melanesian Mission
Not8S to the Financial Statements for the Year Ended 31 March 2025
Balance
at1
Aprll Incoming Resources
2023 resources expended Transfers
other
recognlsed
gainsl
(losses)
Balance
at31
March
2024
Expendable
Patteson Moss Fund
Amy Rawson
Elenor Rawson
c￿11 Rawson
4.227
13,396
13,396
13,398
44.417
104
413
605
509
(115)
(474)
(474)
(4731
(1,536}
(109,132) 3.400,898
4,216
13.335
13,527
13.434
1.631
44.512
Total funds
3,522.011
157.937
169,918
Unrestricted funds
Investment Reserve - Unrestricted Investments are held to provide income to fund the activities of the
charity. Investment incorne forms the principal funding sour￿. The Trustees have designated
reserve equal to the valuation of its investments INhich cannot be used to fund expenditure without
being sold.
The investment reserve and the endowment funds include unrealised gains on investments.
Lambeth The are building up a fund towards the cost of supporting Acom's attendance at the nexk
Lambeth Conference.
Teacher exchanges for Chester Schools- The Trustees have designated £1,000 towards costs of
exchanges be￿een schools In Melanesian and Chester Diocese.
Page 23

The Melanesian Mission
Notes to the Financial Statements for the Year Ended 31 March 2025
Restricted funds
Community of the Sisters of the Church (CSC) General - Monies recelved to assist in the funding of
csc.
Community of the Sisters of Melanesia (CSM) General - Monies received to asslst in the general
funding of CSM.
Community of the Sisters of Melanesia (CSM) Lunch Project - Monies received to provide lunches for
CSM Sisters and Novlces in Solomon Islands.
Community of the Sisters of Melanesia (CSM) Chapel- Monies received for the building and furnishing
of a new chapel for CSM in Solomon Islands.
Dux Awards
Monies received for two annual awards given to students, one at Acom's Selwyn
College on Guadalcanal and the other at Bishop Patteson Theological College on Guadalcanal.
Education Vanuatu - Monies received for ACOM education pury)oses in Vanuatu.
Environment Observatorles Solomon Islands - Monies re￿iVed for the establishment of Environment
Observatories for recordlng climate change in Solomon Islands.
Environment Observatories Vanuatu
Monies received for the establishment of Environment
Observatories for recording climate change in Vanuatu.
Exeter DI0￿Se Ilnks - Exeter Diocese donates £750 per year to fund the dioceses link activlties with
Melanesia, including events and vlsits. Supporters of MMUK also donate to this fund.
Human Rights 8HC- Funds received from the British High Commlssion for the purposes of provlding
resources for the teachlng of human rights in ACOM Schools.
Melanesian Brotherhood (MBH} Vanuatu
Vanuatu.
Monies received to assist in the fundlng of MBH in
Ministry to Women Appeal - Fundraising appeal in 2024-2025 for the ministry to women delivered by
CSM & CSC.
Mothers, Union - Monies recelved to assist in the funding of the Mothers, Union In Melanesia.
Mothers, Union Vanuatu - Monies received to assist in the funding of the Mothers, Union In Vanuatu.
Selw College - Monies rslsed for educational purposes at Acom's boarding school Selwyn College
on Guadalcanal.
Society of St Francis (SSF) - Monies received to assist in the general funding of SSF in Melanesia.
St Bamabas Cathedral - Monies received to assist in the general funding of Acom's Cathedral in
Honiara, Guadalcanal.
St Stephen's Pamua Gir5s' Dorm - Monies recelved for the building and furnishing of a girls, dormitory
at Acom's St Stephen's Pamua boarding School in the Dlocese of Hanuatoo.
Page 24

The Melanesian Mission
Notes to the Financial Statements for the Year Ended 31 March 2025
Vanuatu Earthquake Appeal - Fundraising appeal in 2024-2025 for Acom's emergency efforts
following the earthquake in Port Vila, Vanuatu in December 2024.
Endowment funds
Patteson-moss Memorial Fund- Donaled by Mrs John Patteson-moss of Toronto, to form a trust in
England in memory of her son. Any income generated from the capital Is to be used to purchase
books for Melanesian theological students.
Amy Rawson Trust Fund- Bequest received in January 1975, the income for the benefit of the
Diocese of Vanuatu (which was later split into two dI0￿SeS, Vanuatu and Banks & Torres).
Eleanor Rawson Trust Fund- Bequest received in January 1975, the income for the benefit of the
DI0￿Se of Vanuatu (which was later split into iwo dioceses, Vanuatu and Banks & Torres).
Revd. Cyril Rawson Trust Fund- Bequest received in January 1975, the income for the benefit of the
Diocese of Vanuatu (which was later split into dioceses, Vanuatu and Banks & Torres).
Transfers between funds
Transfers have been made from unrestricted funds to restrlcted funds and designated funds where
part of the Income has been made to general funds.
Endowment funds
Patteson-moss Memorial Fund Donated by Mrs John Patteson-moss of Toronto. to form a trust in
England in memory of her son. Any income generated from the capital is to be used to purchase
books for Melansian theological students
Amy Rawson Trust Fund - Bequest recelved in January 1975, the income for the benefit of the
DI0￿Se of Vanuatu (whlch was later split Into dI0￿SeS, Vanuatu and Banks & Torres)
Eleanor Rawson Trust Fund Bequest received in January 1975, the Income for the benefit of the
Diocese of Vanuatu (which was later split into two dioceses, Vanuatu and Banks & Torres)
Revd. Cyril Rawson Trust Fund Bequest received in January 1975, the Income for the beneflt of the
Diocese of Vanuatu (which was later split into two dI0￿SeS, Vanuatu and Banks & Torres)
Transfers be￿een funds
Transfers have been made from unrestricted funds to restricted funds and designated funds where
part of the income has been made to general funds.
18 Analysis of net assets between funds
Unrestricted
funds
General
Endowment
funds
Expendable
Total funds
at 31 March
2025
Restricted
funds
Fixed asset investments
Current assets
Current liabilities
3,507,771
63.023
(5,388)
3,565,406
49.274
3.557.045
69,327
5.388)
3.620.984
6,304
Total net assets
6.304
49,274
Page 25

The Melanesian Mission
Notes to the Financial Statements for the Year Ended 31 March 2025
Unr8Strlcted
funds
General
Endowment
funds
Expendable
Total funds
at 31 March
2024
Restricted
funds
Fixed asset investments
Current assets
Current liabilities
3.285,285
64,445
(3.381)
3,346,349
44,512
3.329,797
74,482
(3,381)
3,400,898
10,037
Total net assets
10,037
44,512
19 Related party transactions
There were no related party transactions in the year.
Page 26