Preheat oven at 350°F.
Remove coconut meat, peel brown ‘skin.’
Grate coconut meat (1 coconut should yield 2 cups of grated coconut).
Mix together flour, baking powder, cinnamon powder and nutmeg powder.
Incorporate grated coconut meat to flour mixture.
Wash raisins and add to flour.
Add mixed peel and chopped cherries.
Work butter into the flour-coconut blend.
Add condensed milk and essence to the mixture (which should be somewhat sticky).
Place in two buttered loaf pans.
Sprinkle brown sugar over the sweet bread.
Bake for 40 – 45 minutes.