Keep basket mould with foil paper well pressed. Keep aside.
Place a large pan or double boiler with water to boil
Place a small pan or upper section over simmering water
Add chocolate chips and butter, melt while stirring very gently.
When smooth and even in texture, add cereal
Mix well, take off fire, cool a little
Pour the mixture into a prepared basket, into shape with back of a teaspoon.
Sprinkle coconut around bottom of basket
Allow to cool and harden
Refrigerate if necessary till hard.
Carefully pry out of mould, peel off foil, place on a plate
Decorate the sides with jelly beans and choclate chips if desired
Fill as desired.