CHARtrY REGISTRATION NUMBER: 288417
JOHN JAMES BRISTOL FOUNDATION
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
30 SEPTEMBER 2022

JOHN JAMES BRISTOL FOUNDATION
FOR THE YEAR ENDED 30 SEPTEMBER 2022
Contents
Page
Report of the TnJstee5
2-10
Independent Auditorfs Report
11-13
Statement of Financial Activitr'es
14
Balance Sheet
15
Cash Flow Statement
16
Notes lo the Financial St*em8nts
17-27

JOHN JAMES BRISTOL FOUNDATION
FOR THE YEAR ENDED 30 SEPTEMBER 2022
REPORT OF THE TRUSTEES
TRUSTEES. REPORT
The trustees of the John James Bristol Foundation {1he Foundation.) present their annual report for the year
ended 30 September 2022 together wrth the audrted financtal statements for that year.
REFERENCE AND ADMINISTRAllVE DEfAILS
The John James Bristol Foundation is a registered charty. Its Wistration number is 288417.
The present trustees and any past tnjstees. who sErve(I during the year, a￿".
Joan Yvonne Johnson (chaim￿n)
David William John50n
EIEabeth Dawn Chatnbers
John Barrington Evans
Andrew James Jardine
Andrew Chades Webley
John Michael Haworth Ivice-chaimian)
Peter Waudby Goodwin
Nicola Parker
Julia May Norton
The Chief Executive is..
Louise O'Donnell
The Foundatton operdtes from". 7 Clyde Road
Redland
Bristol
BS6 6RG
PRINCIPAL PROFESSIONAL ADVISERS
Solicitors
BDB Pitmans LLP
50 Broadway
London
SW1H OBL
Bankers
National Weskninster Bank plc
32 Corn st￿et
Bristol
8S99 7UG
External Audftor
Crowe U.K LLP
55 Ludgate Hill
London
EC4M 7JW
Crowe U.K. LLP was reappointed as auditor of the Foundation.
Investment Managers
BlackRock
12 Throgmorton Avenue
London EC2N 2DL
Page 2

JOHN JAMES BRISTOL FOUNDATION
FOR THE YEAR ENDED 30 SEPTEMBER 2022
REPORT OF THE TRUSTEES
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Foundation is govemed ty a trust deed dated 9 t)ecember 1983. a deed of amendment dated 5 February
1997, deeds of variation dated 20 July 1999, 11 March 2002. 10 July 2009, 21 February 2014, 15 February
2016 and 20 February 2018, the Charibes Act 2011 and the Statement of Recommended Practice Accounting
and Reporting by Charities {SORP 2015 based on FRS 1021. A new governan￿ code. endorsed try the
Charity Commission and other industry bodies, was launched in 2018 and revised in 2020. The Trustees have
ensured that the Foundation is substant.ally compliant wtth the ccKJe but there are a number of areas where
we do not frillow the code, which have been sel out below.
The B08rd of Trustees is responsible for the overall governance of the Foundation_ Trustees are appointed by
the existing trustees and the total nurnber of trustees rnay not be fewer than fNe or more than ten. Al present
th￿e trustees 8re "Family Trustees. who once appointed remain as trustees until death, voluntary retirement,
disqualification or removal. la "Family Trustee. is a direct descendant of the Fouftderfs parents). and seven
trustees are °Non-F8mily Trustees". "Non-Famity Trustees" remain in office for 8 maximum of seven years
before being subject to a re-election prcce5s. There Is no limtt on the number of times a °Non-Family Trustee"
can be re-elected. Trustees have been appointed who are well known to the family or indeed to John James
himself and as such have not been time limited. However, as brne passes this beGomes harder and Trustees
have been recruited with suitable experb"5e 2nd experience. The Trustees wi15 consider diversity when fLrture
trustees are recruited. The Board is aware that a Trustee wtth kno￿edge of Education is needed. The Trustees
are mindful to review thè apwintment and retenb.on of Trustees in 2023.
New trustees are appointed by the unanimous resolutbjn of existing trustees who may nominate a replacement
giving details of the person's background and surtabilty. If the nominated person is willing to be considered for
the vacancy then all potential candidates will be interviewed by at ￿5t Ihfee of the existing trustees who will
make recommendations to the full Board.
Effective partnership befvfftn trustees and staff continues to contribute to the Foundation's success. Having
both a Chairman and Vice£hairman ensures that thjstees, roles and responsibilities are carried out
effectNe5y. ￿￿lIst all Iruslees Gan access infoimatKJn wnceming the Foundats"on's operab.on at any b'me and
o trustees monitor each aspect of the Foundation's work, the Vi¢&Chaimian's c105e invofvernent continues
lo give support to the Chairman. The B08rd reviews tts performance infomially which is considered sufficient.
External review every three years, as recommended in the code, will be considered in the ftjture.
Trustees had 8 meetings this year by telephone wilh 2 meetings face to face, where trustees reviewed funding
applications and agreed grant5, considered strategy and investment perfOrrnan￿ and reviewed operating plans
and budgets. At two of the rneettngs the tTustees looked at the investments and a sub-commlttee of 3 Trustees
has been sel up which reports to the full Board and who met with BlackRock 4 times during the year. These
meetings help to infoffli the other meetings.
New trustees receNe an inducbon pack containing everything they r￿d to know about the Foundation and its
work for effecb've and informed decision-maknng. Appropriate trust&-training sessions, held by outside adviser5
and independent organisations, are encouraged and all trustees have sight of the magazine 'Govemance &
Leadership, and the Charity Commission News emails.
l trustees give Iheirtime freely and no trustee remuner*"on was paid in the year. Detsils oftwstees, expenses
are disclosed in note 6 to the accounts. TnAstee5 are required to disclose all relevant interests and register
them with the Chief Executive and in accordance wrth the Foundation's rx)licy wrthdraw from decisions where a
confiict of interest arises. Trere were no related paty transacts.ons in the year. The trustees delegate the
exercise of certain powers in connectjon with the management and administration of the Foundation as set out
bel(M. This is controlled by regular reports to trustees so that all decisions, made under delegated powers, can
be ratified by the trustees.
Page 3

JOHN JAMES BRISTOL FOUNDATION
FOR THE YEAR ENDED 30 SEPTEMBER 2022
REPORT OF THE TRUSTEES
STRUCTURE, GOVERNANCE AND MANAGEMENT {Continued}
Investment Management
Since 16 September 2008. in accordance with the provisK)ns of the Foundation's Deed, the trustees have
delegated the management of the investsnent porttrjlio to BiackRock who manage the maiorty of the
Foundation's investments on a discretionary basis. The Foundation holds investments in Propety funds
directly.
Following the retention of BlackRock in 2019 the Trustees have refined the asset allocation to in¢rease the
exposure lo global equibes. In March 2022. the Strategic Asset Allocats"on was forrnalty changed to increase
the allocation to Global Equities and redu￿ the Fixe(1 Interest In addjtion, the Trustees adopted a fomal
Spending Rule of £2.400,000 per year to be taken as a drawdown of income and capital each quarter, which
started in the Quarter ending 30 June 2022 This will be rTh)nilored each year. At the meetsngs with BlackRock.
in addition to the investment strategy, the perfonnance of the portrolio in relab.on to market changes, income
targets, benchmarks, future prospects and the extent of any eth￿￿1 investments were considered.
Chiof EX￿utIV•
The Chief Executive is resp)n5ible for the day to day manage￿￿nI of the Foundation's affairs and for
implementing policies agreed by the trustees. The Chjef Executive receives regular assistance from the
Chairman and the Vice-chairman and may request help from other trustees If she needs it. In line wrth the
Foundation's policy, the Chief Executive disclosed all relevant interests to the trustees. During the year the
FouncJ2tion's membership of the Charity FinanGe Group was renewed.
The remuneration of the Chief Executive, and all paid staff, is reviewed annually by the Board of Trustees.
account is taken of UK labour market statsstics and professional pay scales. The skill, experience and
¢ompeten¢e of an indiv￿ual are assessed together wth their contn'bution to the smooth running of the
Foundakn'on.
Advisory Groups
Professional advTh is sought from outside advisers as and when necessary.
Siatemènt of Trustees. Responslbllitles
The trustees are responsible for preparing the Trustees, Annual Repart and the financial staiements in
accordance with applicable law and United ￿"AgdoM Generalty Accepted Accounbng PractKe (United Kingdom
Accounting Standards).
The law applicable to chartb.es in England and Inkleg requi￿ the lyustees lo prepare financial statements for
each finan¢ial year which give a true and fair view of the stale of affairs of the Foundation and of the incoming
resources and application of resources of the Foundats"on for th* year. In preparing these financial statements,
the tnjslees are <equired to".
• select suitsble accounting policies and then apply them consistenty..
observe the methods and principles of the Charits'es SORP".
make judgments and estimates that are reasonable and pruden(
follow applicable UK Accounting Standards and the Charitses SORP. di￿losIng and expFainin9 any
departures in the accounts..
prepare the financial statements on the going concem basis unless it is inappropriate to assume that the
Foundatson ￿11 continue to operate_ The trustees are responsible for keepin9 adequate accounting records
that are sufficient to show and explain the FoundatK)n's tran5actK)ns, disclose with reasonable accuracy at
any time the financial posits.on of the Foundation and enable them to ensure Ihat the financial statements
compty wrth the chanb.es Act 2011. and the provisions of the Foundation's constitution.
They are also responsible for safeguarding the assets of the Foundation and hen￿ for taking reasonable steps
for the p￿ventIOn and detects.on of fraud and othèr irregulanl*s.
Page 4

JOHN JAMES BRISTOL FOUNDATION
FOR THE YEAR ENDED 30 SEPTEMBER 2022
REPORT OF THE TRUSTEES
Risk Management
A review of the perceived risks faced by the Foundation. as rt executes its grant makTng function, is carried out
on an annual basis. In the opinion of the Trustees the Foundatson has in place systems, support and controls
to mitigate risks to an acceptable level on day-to-day operations.
Uncertain financial rètums havé been identffied as the Foundatton's ￿￿10r financlal risk given the particularty
tumultuous tr'me all financial markets have experienced overthe last ￿1ve months. This is mitigated, by moving
lo a Spend1ng Rule of £2.4m per annuffl during the year. this is approximately 3'h of the portfolio and considered
a reasonable income to take from the wrtfolio. This will be reviewed each year. In addition, meetings are held
with the investment manageT5 where investment Strategy, the portfolio and financial performance LS under
review as are the investment managers themselves. Constant monitoring and checking of data supplied by the
investment managers together with the receipt of the annual reports on their key intemal controls and
independent verifica￿￿ of the portfol￿) holdings all trElp to reduce the extended risks in this area.
The use of a Foundation's grant for an unsavoury or unauthortsed purpose is also considered a potentral major
risk area. This is mitigated by largely restricting grants to chanties registered wtth the UK Charity Commission
or similar body. All grants are checked to be in line with the Foundation's objects and the Charity Commission
website is consulted on any chanty applying lo the Foundats'on. A Public Benefit and Equality Act 2010 ehecklist
is considered for all grants made and official receipts are required from all beneficiaries receiving a gpnl. All
applicanls are requested lo supply a copy of their CL5rrent Safeguardin9 Policy. Multiple grants are only paid on
receipt of satisfaclory progress reports. During the year the Trustees and Chief ExecutNe visited 18 projects
due to the ongoing impact of the Covid-19 pandemic. These addrtional checks. in the trustees. opinion, help to
reduce the Tisks in this area.
OBJECTIVES AND ACTIVITIES FOR THE PUBLIC BENEFIT
The objects of the Foundation are to make charitable grants under the tgms of its deed tor the relief of povety
or sicknes$ or the advan￿Mefit of education among the inhabitants of the City of Bristol. or other purposes
beneficial to such inhabitants as the Iruslee$ may at tr¢eir absoluté discretion decide,. also for such other objects
whatsoever OT wherever. being charitsble objects or purFoses. The Foundat'on does not fundraise.
At the annual review, rt was agreed that the grant maknng polKy would remain unchanged. All grants continue
to be monitored carefully against the Chanty Commission's guidance on public benefit and the Equality Act
2010. TrL5Stees a￿ aware of the Charity Commission guidance on Public Benefit and confirm they have
omp5Ed with the duty in Sectr"on 17 of the Charities Act 2011 to have due regard to it.
Response to tho Pandornic
The Foundabon's pftncipal objective is to benefit as ￿ranY disadvantaged residents of the City of Bristol as
possible. Granting mney as diversety as it can to registered charities within the Foundation's key focus areas
of education health and the elderty. The pandern￿ led to a swil¢h to remole working for the staff and there is
now a mix of office and home working. TnJstee5 have continued lo meet more regulady with 8 meeb.ngs held
by telephone and 2 face to face. The TTUSlees have b)oked lo be xtive in their response and sUPPOrt lo those
impacted in the Bristol Area. As highlighted t*low the Foundation have issued grants. principally to existing
benefi¢iaries, who ao focussed on the relief of hardship to residents of Bristol. Trustees have been flexible
over the exact use of grants Whe￿ face to face xtivty has not been possible wrth setvices moving online or
offered over the phone.
The Trustees have been conscious of the impact the pandemi¢ has had on the Foundation's investment income
and monitored this closely during Ihe year. Some grants have been retumed as events were unable to go ahead
and the payment of commrtments delayed. The Trustees have been confident that reasonable requests frorn
existing beneficiaries Can be met, whilst keeping in mind that the n*J in the future will be significant.
The Foundation's vision is to enhan￿ the INe5 of as many disadvantsged residents of the Csty of Bristol as
F¥)ssible.
Page 5

JOHN JAMES BRISTOL FOUNDATION
FOR THE YEAR ENDED 30 SEPTEMBER 2022
REPORT OF THE TRUSTEES
OBJECTIVES AND ACTivrfiES FOR THE PUBLIC BENEF￿ Icontinued)
The Foundatlon's strategic aim is to achieve its vision through grant-tnaking and applications are welcome
from charities and not-for-profft organisations who work with Bristol residents in the key focus areas. We believe
that a variety of initiatives such as the Foundation's websf(e - www.johnjames.org.uk which has been
updated this year together the annually updated infonnation leaflet infomi potential applicants about our
areas of focus.
Grants During the Year (Note 11)
In the key focus area of Education examples of grants rrrade are..
Indopendent schools in Bristol for John James Award funds. Conditions attached lo these grants specify
that they may only be accessed by pupils who are residentwrthin the Ctty of Bristol and who have financial
need.
Secondary leaming establishments teaching City of Bristol children for fijnding prize5. awards and
hardship assistance for the pupils. All grants are made with the stipukts.on that the money should not to
be used solely lo reward academic ex￿llenCe_
Primary schools lo assist in the cost of school camps and day trips with the aim of helping to make such
activities accessible to those whose parents are on low incomes.
Contribute towards out of school and off-site ￿tiv[b"e$ designed to re-engage young people in the
education pro￿sS.
To help unemployed young [￿pIe explore and lesttheir business ideas with a view to etther starbng their
own venture or moving to another oulcome such as employment or education.
To help fund facilitses for a day week for asylum seekers and refijgees who find themselves resident
in Bristol.
To fund resplte breaks for ¢Jisadvantsged children and young carers.
Causes where the trustees feel thal the Foundation can a worthwhile contribution for the public
benefit in helping lo educate, in the broadest terms, people of any age who might otherwise be unable to
access what is on offer.
In the key focus area of Health examples of grants made are".
Ptovide hot focKJ and a wami and safe environment for homeless and vulnerable wple either directly or
through assisting with vehicle and rental costs for surplus food distributlon.
Provide equipmenL through a chartty, for those with specffic rEeeds.
Assist with funding organisab.ons wofking with people who may be sick or disabled or abused orhomeless
or addicte(J or any combinats.on of these_
Funding which will improve the facilitses for those who are either disabled or unwell whether mentally or
physically.
Causes where. having constdered the cIrcU￿￿tanceS of a fvnding application, the trustees feel health is
affected and It is clear that a disadvantsged seth.on of the publ￿ would benefft.
In the key focus area of The Elderty examples of grants made are:
Advice agencies gwing Infomiation, advi￿ and assistance to this age group.
Help with the costs of giving safety advi￿ to older residents of the City of Bristol.
Organisalions providing befriending seivices to the elderfy.
Charities assisting older residents in their homes enabling them to remain independent longer.
Clubs to enable those erther disabled or older in years to have a few 'extras' at their Christmas. Spring
and the Jubilee celebrab"ons.
Clubs to enable older residents of the Cty of Bristol to attend a theatre production.
Other causes where it was felt the eldedy would benefit
The trustees are aware that rrrany of the grants under the key focus area of Health are of direct benefrt lo The
Elderly. Few grants are made which cannot be fitted into one ofthe key focus area5 and all grants are monitored
against the Charity Commission's guidance on public benefft and the Equality Act 2010.
Page 6

JOHN JAMES BRISTOL FOUNDATION
FOR THE YEAR ENDED 30 SEPTEMBER 2022
REPORT OF THE TRUSTEES
ACHIEVEMENTS AND PERFORMANCE
The funds necessary to finance the objects of the Foundation a￿ raised by careful management of the
Foundation's investments. 8lackRcck were apFM)inted in 2008 as the Foundat"on's investment managers and
this was reviewed in 2019. The trustees hold regular half yeady meetings wth ihem. From information shared
at these rneetings the trustees have reviewed the asset allocation to ensure that they have posrtioned the
Foundation as well as is possible, for the foreseeable fvknre, given the challenging global financial situation.
The trustees feel that they have maintained the public's awareness of the Foundation during this year. This has
been achieved through the regularly UF)dated website, annualty revised leaflets and publicty of various kinds
including social media. The DVD about John James ￿)ntinUeS to be sent of Charge, on r￿1?t of a large
letter stamp, to those who request a copy.
Applications to assist Bristol residents receNed in the year to 30 September 2022 totalled 61912021- 4931 of
which 555189.60hl were successful. The trustees adapted their grant making as a result of the pandemic, by
being more flexible and helping eharittes vtho were adversety affected during the pandemic. The Trustees also
un-restricted a number of grants madÈ previously to enable funds to be used to address the needs of those
hardest hit by the pandemic. 10.10k failed because eTther they were incowectly targeted or there were
insufficient fvnds available to meet what Ehe applicant required or they did not meet core needs or the trustees
had granted fvnds to another applKant to covei a similar area of need.
In addition to these applications. 36 other Submissions were recetved and rejected beeause they either did not
benefit BtÈstol residents or they wefe for indNiduals.
All successfijl applicants are required to suppty the FounO8tion wilh an official receipt for the gfant recetved.
Letters accompanying the reGeipt from the receiving organisation provide the Foundation with feedback as to
the impact the money will have on the lives ofthe uttirnate benefi¢iaries. Follow up feedbackand reports support
this and indicate that grants frotn the Foundation are maknng a signfficant contribution to improving the lives of
many of the most vulnerable in the City of Bristol today.
Trustees have received a summary of all applicatv)ns from the Chief ExecutivÈ and where further details were
required these have been provided to enable the Trustees to make an informed decision. The process going
forward is under review. SupFXJrting infomiab"on, sent by an applicant with their grant request, is available to
the trustees at their meeting. If further information is required. it wll be requested. Visits suspended due to the
pandemic, have been resumed where possible. but rerroin at levels.
FINANCIAL REVIEW AND RESULTS FOR THE YEAR
The Statement of Financial Activtbes (SOFA), set out on page 14 is designed to reflect all incoming resources
receivable in the year irrespective ofwhen income is spent The Foundab"on d￿5 not raise funds from the public.
During the year, and ir* accordancè with the Foundatr"on's grant makn.ng policy. a total of £2.818,035 was granted
Inole 11112021 £2,374,530). In addition. the Foundation has outstsnding Commitments for future grants of
£2,307,300 (note 141 (2021 - £2,935.4001.
Reserves Policy
The main funds of the Foundatyon take the fomi of an expendable end¢)wmentwhich generates the unrestricted
income from which grants are made. The Foundation has total funds of £81,427,759. Free reserves are the
cumulabve unrestricted balances less the net book value of tangible fixed assets (note 71 This year a transfer
has been made be￿een the reseNes of the investments disrx)sed of during the year. The free reserves of
£1,890,437 at the end of the financial year lo 30 September 2022 show a reduction on those held at the end of
the previous financial year due to the payrnent of commttments and losses on investments.
These free reserves will be added to income in the forthcoming financial year for spending on grants an¢
overheads in that and future years. The trustees are concemed that there are many factors suggesting
uncertainty in the ftnancial outlook for coming years and the Inco￿ that Can be expected from the Foundation's
investments. With the level of the Foundation's fLrture commitments and their desire to be able to respond lo a
sudden need the trust*s feel that rt is necessary to hold the Guffent level of reserves to allow for the eventuality
that income reduces drastically during the Itfe of the long temi commttment5. Onty by holding this level of
reserves are the trustees confident given future income uncertainty. that the present high level of future
commitrnents is justifiable. The reseNes policy is reviewe(J annually.
Page 7

JOHN JAMES BRISTOL FOUNDATION
FOR THE YEAR ENDED 30 SEPTEMBER 2022
REPORT OF THE TRUSTEES
FINANCIAL REVIEW AND RESULTS FOR THE YEAR {Continuod)
Golng concern
Having reviewed the financial posibon and tssh flow forecasts forthe periDJ to 30 September 2022, the Trustees
consider that there are no material uncertainties and that the Charity therefore has adequate resources to
continue its aots"vities for the fote5eeable fubjre. Accordingty. the board conts.nues to adopt the goino-concem
basis in preparing the financial stalemerils.
INVESTMENT POLICY AND PERFORMANCE
The investment policy was updated during the year to relle¢i the change In Strategic Asset Allocalion for the
BlackRock Discretionary Portr￿10. The trustees. policy is to $eek to achieve a balanced portfolio of growth and
in¢ome generats'ng securib"es, which may inelude fixed interest securibes, and U.K and overseas publicly quoted
equib'es in such protM)rtions as is appropriate to economic and investment ¢ondib'ons al any given time. None
of the fijnds are permanently endowed and there are no restn"ct￿S in the deed on the invèstments which can
be held.
The trustees, investrnenl policy is to aim for reasonable bng-temi overall rebjm at moderate risk, with the level
of risk applying to the portfolio as a whole rather than lo indNidual slc¢ks. During the year the Trustees agreed
with BlackRo¢k lo give the Portfolio a grealef allocab.on to equiknes, increasing the allocation to Equib"es whilst
reducing the allocatson lo Fixed Interest. At the same tirnè, the income target12021 £1.85ml was replaced with
a Total Return Spending Rule of approximately 3% of the portfolio. which has been sel at a fixed drawdown of
£2.400,000 per annum, to be paid each quarter. The first payment was made on this basis for the Quarter to
end of June 2022. This will be reviewed eath year by the Trustees. to ensure it is not significanyy eroding the
asset value.
The Di8Crntionary Portft)lio's investment allccation ranges. which applied through the year. were..
Assot Cla89
Pornlittod Range (% ol M•rket
Value of the Fund) Until 22
March 2022
29.5- 69.5%
14-34%
5-15%
P•rniltted Range I'A of Market
Value of tho Fund) From 22
March 2022
65.5- 95.5%
0-30%
0_150
Equities
Fixed Income
Liquid Alt8mative8
Others
Cash
and
0-10%
0-20%
BlackR¢)¢k managed the Discretionary Portlolio througtrthl the yè¥r on a dis¢retsonary basi8 lor the truste¢s.
Monthty valuations and quarterty perfonnance reports for the wrtfolio are re￿Ned. These documents enable
the trustees to monitor performance. The Trustees continue to hold the investment in propety funds direct￿.
The income from the ¢ombined portfolios and interest eamed on deposrts lotalled £1,354,547 12021
£2,130,341). The ProFety Funds generated an income of £304.389.
The trustees are satisfied wrth the overall drawdown level, with a number of commitments delayed, other grants
remained level and only a few new commitments were made. The tTUStees believe that Iheir rigorous approach
to monitoring income and expenditure will maintain the Foundabon'5 capacty for granl giving in the fulure.
Page

JOHN JAMES BRISTOL FOUNDATION
FOR THE YEAR ENDED 30 SEPTEMBER 2022
REPORT OF THE TRUSTEES
INVESTMENT POLICY AND PERFORIAANCE (Continued)
The performance benchmark was changed to CPI + 4.5Dk wth a secondary target to outperform 85.10 MSCI AII
County World Index and 15QA Bloomberg Barclays Global Aggregate Index (GBP Heclged}. The composite
benchmatk at the year end comprises..
Weighting
(% of Com
osite Bonchmark}
Name
MSCI All Country World Net TR Index- in GBP
BBG Global Aggregate Index IGBP Hedged}
15.OO'A
A$ at the 311t January 2023 the investment value was £80.988,CKJO. a gain in value of £3,596,230 from the
year ènd value of £79,638,187.
Employees
The Foundation supports equal opportuniti'es and aims lo be an organisation that employees enjoy working for
and where they feel supported and developed. Employees are kept fully informed about the Foundation.
slrale9y and objectives, as well as day-to-day news and events. All employees are encouraged lo give their
SU99e5b'ons and views on perfom)ance and strategy. All e1￿ible employees have been offered the opportunty
to join the NEST Pension fund under Automatic Enrolment and one employee has joined The Chief Executive
has a contractual commitment for 7% of her gross salary to be paid into her personal pension fvnd.
FUTURE PLANS
The John James Bristol Foundation is a lasting tribute to the philanthropy of John James and the pres8nl
trustees remain committed to the Cty of Bristol and many ot John James, own aims and concerns. Fof fvjture
generab'ons, the work on archiving th¢ records held by the Foundation and John James, family Continues. The
trustees ¢an envisage other srtes being identsfied for the com￿mora￿Ve boards in the fvtU￿.
The number of funding appli¢abons to assist City of Bristol ￿sIdents was similar to last year, and more of these
were met. The Iru5tees are aware that for people INing in certain areas of the City of Bristol who have low
income, are disabled or have a minorty ethni¢ background the OPFQrtunth"es to live, work and thrive here are
severely reduced especially as a resutt of the ongoing impact of the pandemic. The level of commitments has
increased to enable organisations to plan ahead with larger projects. The Foundation's Trustees are acutely
aware of th8 ¢osl of living crisis and the impact this will have on the residents of Bristol and are working to
identify 8uitable ways to SUPPDrt thc¥S• r8sidents most affected.
With the levels of deprNalion seen in certain areas ol the City of Bristol the trustees do not anticipate a reduction
in grant applications in the future, indeed the number may increase, as we have indi¢8tions that charitable
gTOUPS and projeels are crying out for help to keep going and respond lo the Cost of living crisis.
We believe that our grant making policy. which incorwrates the Charity Commission's guidan¢e on public
benefft and the Equalty Act 2010, is able to continue lo cope wrth the increase in the level of application5 and
thus it will Temain unchange(1. The Foundation's key areas of focus wtll continue to be education, health and
the eldedy within the cty of Bristol.
The trustees consider that the Foundation has a sound financial base upon which to build for the fvture and that
there are sufficient funds to meet its obligat￿n5. We shall continue to liaise closely with BlackRock over the
need to balan￿ income requirements with the undetying security of the Foundation's investments which
generate that income. Our intention 5ti11 remains to see income levels generated that will allow the total grants
made to gTOW, bul with inflation forecasts continuing io grow, this will depend largely on global rnarket conditions
beyond oijr control.
Page 9

JOHN JAMES BRISTOL FOUNDATION
FOR THE YEAR ENDED 30 SEPTEMBER 2022
REPORT OF THE TRUSTEES
These remain challenging tirne5 but the trustees look back on the year with satisfaction at what has been
8¢hieved and we are confident that we are as well posib.oned as is possible to meet the demands of the
coming year.
Approved by the tnjstees and signed on their behajf.
nHaw
i¢e-Cha
an
Date..
2023
Page 10

Independent Audttorfs Report to the Trustees of John James Br5Stol Foundation
Opinion
We have audtted the financial ststements ofthe John James Brisiol Foundation I'the chaw) forthe year ended
30 Septernber 2022 which comprise the Ststement of Financial Acbvities, the Balance Sheet, the Cash Flow
Statement and notes to the financial statements, including significant accounting policies. The financial reporting
framework that has been applied in their preparatson is applicable law and United Kingdom Accounting
standards, including Financial Reporbng Standard 102 The Financial Reporb"ng Standard applicable in the UK
and Republic of Ireland (Unrt￿l Kingdom Genera5ty Accepted knounb.ng PraCts￿).
In our opinion the financial statements..
give a true and fair view of the state of the charity's affairs as at 30 September 2022 and of its income and
receipt of endowTr*nts and expenditure, for the year then ended..
have been property prepared in accordance wrth Unrted Kingdom Generally Accepted Accounting Practice",
and
have been prepared in 8￿rdance with the requireffEnts ofthe Charrt]'es Act 2011.
Basis for opinion
We conducted our audit in accordance wth International Standards on Audth"ng IUKI IISAS IUKII and applicable
law. Our responsibilities underthose standards are further described in the Auditorfs responsibilities for the 2udit
of the financial statements section of our report. We are independent ofthe charty in accordance with the ethical
requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical
Standard, and we have fvlfilled our other ethical responsibiliti.es In accordance with these requirements. We
believe that the audit evidence we have obtained is sufficient and apptoptiate to provide a basis for our opinion.
Conclusions relatlng to golng coneèm
In auditing the financial state￿nts, we have conduded that the trustee's use of the going concem basi5 of
accountsng in the preparation of the financial statements is approp￿ate.
Based on the wotk we have performed. we have not identffied any material uncertrdinties relating to events or
conditions that, individually or collectivety, may cast signfficant doubt on the charity's ability to continue as a
going Goncem for a period of at least tsvelve mnths from when the financial slatements are authorised for issue.
Our responsibilities and the ￿Sponsibl1itieS of Ihe trust￿ wrth resF* to going concem are described in the
relevant sections of this report.
Other infom)ation
The trustees are Tesponsible forthe other informab.on contained wthin the annual report. The other information
comprises the infomiab.on inc5uded in the annual reFL)tL other than the financial statements and our auditorfs
report thereon. Our opinion on the financial Statements does not cover the other information and, except to the
extent otherwise explicitty stated in our reporL we do nol express any fomi of assuran￿ conclusion thereon.
Our responsibility is to read the other information and, in doing so. consider whether the other information is
materially inconsistentwith the financial statements orour knowledge obtsined in the audit or otherwise appears
to be materially misstated. If we identsfy such Tnaterial inconsistencies or apparent material misstatements, we
are required to delermine whether this gives rise to 8 material m¢sstatement in the financial ststements
themselves. If, based on the work we have perfomied. we conclude that there is a material rnisststemenl of this
other information, we are reqLJired to report that fact.
We have nothing to report in this regard.
Matters on which we are required to roport by exception
We have nothing to report in respect of the fDllowing matters in relation to which the Charitses (Accounts and
Report51 Regulations 2008 requires us to report to you rf, in our opinion-.
the informab.on given in the financial statemerts i% inconsistent in any material respect wth the trustees,
report., or
sufficient and proper acGounting records have not baan kept by the ch8r*ty: or
the financial statements are not in agreement with the accounting records and TetLtms", or
we have not received all the lnfomk9t￿n and explanations we require for our audit.
Page 11

Independent Auditor's Report to the Trustees of John James Bristol Foundation
Responslbilities of trustees
As explained more tulty In the trustees. resFonsibilib"es statement set olrt on page 4, the truslees are responsible
for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for
such internal control as the trustees determine is necessary to enable the preparation of financial statements
that are free from material misstatemeRL whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue
as a going concem, disclosing, as applicable, matters related lo going concem and using the going concem
basis of aecounting unless the tnjstees either intend to liqu¢date the chartty or to cease operation5, or have no
realistic altem8tThie but lo do so.
Auditor's responsibilities for the audit of the finan¢ial statements
We have been appointed as audttor under section 151 of the Chanties Act 2011 and rep)rt in accordance with
the Acts and relevant regulations made or having effect thereunder.
Our objectives are lo obtain reasonable assurance about whether the financial statements as a whole are free
from materTal misstatement. whether due lo fraud or etror, and to issue an auditors report that includes our
opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audrt conducled in
8¢cordanee with ISAS IUKI will atways delect a material misstatement when it exists. Misststements can arise
from fraud or error and are eonsidered material if, individualty or in the aggregate, they could Teasonably be
expected to influence the economic decisions of users taken on the basis of these financial statements.
Details of the extent lo which the audit was eonsidered capable ot deteth.ng irrryularities, in¢luding fraud and
non-compliance with laws and regulab.ons are set out below.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website aL" www.frc.org.ukjauditorsresponsibjl￿.es. This descripts.on forms part of our
auditor's reporL
Extent to which the audit was Considered capable of detecting irregularities. Including fraud
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We identified and
assessed the risks of maleiial misstatement of the financial statements from I[￿UlaritIes. whether due to fraud
or error, and discussed these befvleen our audit team members. We then designed and performed audtt
procedures responsive to those tisks. including obtsining audrt evidence sufficient and appropllate to provide a
basis for Oltr opinion.
We obtained an understanding of the legal and regulatory frameworks within which the charity operates,
focusing on those laws and regulations that have a direct effect on the detemination of material amounts and
disclosures in the financial staternenls. The laws and regulations we considered in this context were the
Charities Act 2011, together with the Charities SORP {FRS 1021. We assessed the required compliance wtth
these laws and regulations as part of our audrt procedures on the related financial staternent items.
In addition, we considered provisions of other laws and regulations that do not have a direct effect on Ihe
financial statements but compliance with which might be fijndamental to the tharity'5 ability lo operate 01 to
avoid a material penalty. We also considered the optx)rtunrti"es and incentNes that may exist withirs the charity
for fraud. The laws and regulations we consider@d in this context for the UK operations were General Data
Protection Regulation IGDPRI and Employment ￿l$latiOn.
Auditing standards limrt the required audit pr(xedures to identty non-compliance these laws and
regulations to enquiry of the Tnjstees and other management and inspeclion of regulatory and legal
orrespondence. if any.
We identified the greatest risk of material impact on the financial statements from irregularities, including fraud.
to be w((hin the override of controls by management. Our audrt procedures to respond lo these risks included
enquiries of management and the Board of Trustees about their own identificab.on and assessment of the risks
of irregularities, sample testing on the posting ofjoumals, reviewing accounting estimates for biases, ￿VIeWing
regulatory Corresponden￿ with the Charity CommissK)n and reading minutes of meeb.ngs ofthose charged with
governance.
Page 12

Independent Auditorfs Report to the Trustees of John James Bristol Foundation
Owing to the inherent limTtations of an audit, there is an unavoidable risk that we may not have detected some
material misststements in the financial statements, even though we have proper)y planned and perfoTmed our
audit in accordance with auditing standards. For example, the further removed llon-compliance with laws and
regulations lirregulanties} is from the events and transactions reflected in the financial statements, the less likely
the inherently limrted procedures required by audibng standards would identify tt. In additton, as with any audi(
there remained a higher risk of non-deteGtion of irregularities. as these rnay involve collusion, forgery, intentional
omissions, misrepresentations, or the override of intemal controls.
We are not responsible for preventing non<ompliance and cannot be expected to deteet non-compliance with
all laws and regulab"ons.
Use of our report
This report is made solely to the chartty's truslees. as a bc#Sy, in accordance wrth Part 4 of the Charities
{Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might stale to the
charrty's trustees those matters we are required to state lo them in an auditorfs report and for no other purpose.
To the fullest extent permitted by law. we do not a￿ept or assume re5ponsibilty to anyone other than the ¢har"ty
and the charity's ttvstees as a body, for our audtt work. for this reporL or for the opinions we have fomed.
Crowo U.K. LLP
Statutory Auditor
London
20 February 2023
Crowe U.K. LLP is eIvJi￿e lor arwintTnentas auditor of chanty ipj viriue ol eh3bilty fV[apptynb￿ as 8￿J*Or of a wmptny under
section 1212 ofthe Crffly4n*¥Act 2tXl6.
Page 13

The notes on pages 17 to 28 form part of these financial statements 



The notes on pages 17 to 28 form part of these financial statements 



The notes on pages 17 to 28 form part of these financial statements 



JOHN JAMES BRISTOL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2022
PRINCIPAL ACCOUPtnNG POLICIES
Ba$ss of Preparation
Thefinanual statements have been preparèd in accorda￿￿ wilh the Ch?riknès SORP IFRS1021
applicable lo charitsgs preparing their account5 in accordance wth the Financial Reporting
Standard applicable in the UK and Republic ol Ireland and the Charities Act 2011 and UK
Generally Accepted Practice as rt appltes from 1 January 2015.
The financial statements have been prepared to give a Irue and fairf view and have departed
from the CharFties (Accounts and Reports) Reglslations 2015 only lo the extent required to
provide a'trLte and fairf view. This departure has invofved followng Accounting and Reporting
by Chartties preparing their account in a¢¢ordance with the Financial Reporting Standard
applicable in the UK and Repub5ic of Ireland IFRS 1021 issued on 16 July 2014. The Foundation
onstitutes a public bengfft enbty as defined by FRS 102.
Having fevtewed the financial positi.on and cash Ilow fore￿Sts for the peri(xJ to 30 Septernbef
2022, the Trustees consider that the￿ are no material uncertainties and that the Charity
therefore has adequate resources lo continue tts acbwties for the fO￿seeable ftrture.
Accordingly, the board continues lo adopt the goinwr￿M basis in preparing the financial
statements.
bl
Incoming Resourcas
Th& income generated by the expndable endowment 1$ unrestricted income.
Invesbment income represents dNidends and interest on deposits, WTlh any associated lax
credits or re¢overable tsxation. Investment ir￿orne TS accoEJnted for when il is declared
receivable.
Income from govemmenl and other grants, is recognis&J when the charity has entityement to
Ihe ftjnds. any perfomance ￿nditsOnS attached to the grant5 have been Fnel, tt is probable that
the income *ill be weived and the arnounl Gan be measured reliably and is not deferred.
Gift of rtems are taken to irwme on ￿lpt of Ihe gwds. with any profit realised on sale.
Resources Expendod
Cost of raising fU[￿S represerrt fees paid to the FOL5r￿8￿.0n.s investment m8nag8rs.
Charitable acbvTb"es expenditijre eomprises charitabl• grants awardsd by the trustees in
accordance swth th8 critefia set out in the Foundation's deed. together wth costs
incurred in support of the objects of the Foundation. Where such Costs relate to more
than one ftjnctsonal cost cat￿Ory they have been apportioned as set out below.
Grants are charged lo the Statement of Financial Activities when condits.ons attaching to
the grant S￿ tuffilled. A gfant approve(I subject to con￿￿On$ that have not been met
at the year end is noted as a commitment but not accrued as expenditure.
iv. SuprK>rt Costs are broken down in note 4 and comprise the totsl ofeslimat8d proportions
of all stsff. propety, office and govemance costs. These proporb.ons are charged to
the relevant service based on ertheT ests"mate5 of staff tiTne and other c0515 spent
directly in supporbng the objects of the FourKIkn"on or a percen18ge ofthe grants made
to that service.
dl
Investsnents
Investments are induded in the financial statements at market value. Re81ised and unrealised
gains and l¢Jsses are induded in lotsl in the St*ement of Financial Ath"Mb"es in the year in
which Ihey arise. These gajns a￿ computed either by reference to the market value of
investments at the beginning of the accounb.ng year or cost rf purchased during the year.
Current asset investments held at last year end were paintings which were sold in the finanaal
year. These warè vall￿1 by an exiemal art valuatÈon expert from Bonhams.
Page 17

JOHN JAMES BRISTOL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2022
PRINCIPAL ACCOUNTING POLICIES {Continued)
01 Taxation
The FoL+ndation carries on aCtiv￿"e$. %thich are exempt from corporation tsx and income tax.
11 does however suffer VAT which is induded the expenditure to which it relate.
Tanglble fixed assets
Depreciation is provided to wrrt6 off cost les5 the estimated residual value of tangible fixed
assets by instalmerns over their estimated uselul economie lives as follows..
Office equipment
25% straight line
Freehold propety
2% straight line
A full yearfs dap￿Clation is Charged on assets acquired during the financial year.
The freehold propety has been ineludod at its 26 August 1998 valuation. This valuation
has been frozen under thè transibonal provisions of Financial Rep)rting Standard 15 and
11 not be updated.
All assets over £1,000 are Ca￿lised.
g)
Flnanclal Instrumènts
The John James Bristd Foundation has finaneial a$sets and financial IiafAlitios of o kn'nd that
qualify as basic financial instrumen15. Basic finandai insifuments are inthally récognised al
transaction value and subsequenuy measured at amottsed cost using the effeclNe Inte￿$1
méthod. Financial assets held at am0￿.$ed cost comprise cash al bank and in hand, together
with a￿rUed interest and other debtors. Financial liabilities held at amorttsed cost wmprise
grants payable and accrudg.
Investments, Including bonds heid as part of an investment wrtfolio are held at fair value at
the Balance Sheet date. wth gairts and losses betng rgcognised %wthin income arKI
expen#ilure.
h)
Cash and cash equlvalents
Cg$h and cash equivalents indude cash at bank and in hand. cash held for reinvestmenl
and short term deposits.
Crltt¢al accounting ludgèmgnts and koy sourcos of esllmatlon uncortainty
In the application of the Foundation's accountsng pdicies. which are descnbed in note 1,
trustees are requi￿￿ lo make jud9ements, estimates and assumpiiorss about the ￿rryIng
values of assets and Iiabiltyes that are not readily apparent from other sources. The
estimates and underfying assumptions are b8S8d on historical experience and other factors
that aR ¢onsidered to be rdevanl. Actual results may d5ff8r from these e$timates.
The estimates and undartying assumpbons are ￿vI￿Ved on an oTrgoing basis. Revisions lo
a¢countin9 estsmates are recognised in the period in which the esb'mate 15 revised rflhe revision
affects only that periou, or in the penod of the ￿￿$lOn and futu￿ P8riods if the revision affects
the current and future periods. In the view of the trustees. no assumptions eonceming the
Jture or estimation uncertainty affecting assets 8nd liaknlities at the balance sheet dale arè
likely to resutt in a material ajjustment to their carrying amounts in the next financial year.
INVESTMENT INCOME
2022
2021
Listed investments in the UK
Listed investments overseas
Interest recewed
875.394
474.867
4,286
1.354,547
1.556.891
573. 14T
303
2,130,341
Page 18

JOHN JAMES BRISTOL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2022
COST OF RAISING FUNDS
These costs compnse the investrnent managerfs fees. The trustees are of the opinion that
without these there would be no income available for distribution and as such they have been
charged lo the unre5triGted funds which 15 coiisislenl with the policy in prior years.
CHARITABLE EXPENDMJRE
Education
Health
Elderl
General
TOTAL
Dlrect Costs
ort Costs
1148.266
1,132 159
536 610
2818 035
Staff
Pro
Officg
38,057
7,603
4,102
29.107
7.497
4.045
22.3TI
23
89.564
1,917
¢iation
Other
26.326
TOTAL 2022
1210 990
1 185589
570.515
2 968 139
TOTAL 2021
703,294
1406 754
401938
2 515 133
NET INCOME I (EXPENDITURE
Th18 Is stated aftgr Gharying:
2022
2021
Audilorfs remuneration - audrt
Legal fees
15,680
10,566
14,605
26,246
14.605
STAFF COSTS
2022
2021
Wages and salaries
Pensions
Employerfs national insurance costs
82,479
3,893
3,193
89,565
83,297
3,900
3,749
90,346
No.
No.
The average number of employees was..
Staff time has been allocated over drfferent expenditure categories based on estimated time
spent on each area by the staff as disclosed in note 4 lo the a¢counts.
None of the staff members are full b.me but given the devolution of roles the ttU5tees consider
the total employment beneffts, including employer pension conth"bulion5 and Nabonal Insurance,
of key mariagement personnel is £57.13912021.' £55.613}. No Ernployee had employee benefits
in excess of £57,13912021-. £55,613). No trustees received remuneration for their services to the
Foundation {2021.- nil}, and during the yeai 1 of the trustee wa5 reimbursed out of pocket
expenses 01 £81 {2021. £100).
Page 19

JOHN JAMES BRISTOL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2022
TANGIBLE FIXED ASSETS
Freehold
Office
Propety Equipment
Cost or valuation
At 1 October 2021
Additions
At 30 September 2022
Accumulated depreciation
At beginning ol year
Charge for year
At 30 September 2022
Net book value
At 30 September 2022
At 30 September 2021
Tot81
160,CX)O
18.445 178.445
160,000
18,445 178,445
73.600
3,200
76.800
13,672
2,286
15,958
87,272
5,486
92,758
83,200
86,400
2,487
4.773
85.687
91,173
INVESTMENTS
2022
2021
Discretionary Portrolio
At 1 October 2021
Pro￿edS on sale of investments
Nel investment gainslllossesl
Market value at 30 September 2022
80,655,058
11.085,246)
6.764.996
72.804 816
71,652, 120
9,Q02,938
80.655 058
Invpstments in the UK.-
Fixed interest pooled fvnds
Equty shares and pooled funds
16,735,807
34,936, 734
7.230,651
Cash instruments
Investments OV&￿eaS..
Fixed Inte￿st & Equity shares
751,302
15,103
64,822,863
72,804.816
28.967,414
80,655.058
Of the listed investments 81ackRock Developed Market Sustainable Equity Fund {42.50/01, ishares
US Equity Index Fund119.0°/ol Development WD ESG Index115.3°knl and BlackRock Advanced
Emerging Market Equity Fund 18_5%1 represent over 70% of the valLte of the portfolio12021
Blackrock Charity UK Bond Fund 120_7%1. BiackRock Global IncoThE Fund D Inc118.2 /vl and
BlackRock Charity UK Equty Fund 133.2Voll. The histOTiC Cost of the Discretionary Portfolio's
investments at 30 September 2022 is £76,228,380 {2021. £73,319.4461.
Directly Held Property Funds
2022
2021
As at 1 October 2021
6.169.876
5. 739,650
Unrealised investment {lossegygains
663.445
6.833,321
430, 226
6,169,876
The historie cost of The Chartbes Property Fund investrnent is £3,094.200 and the Propety
Income Fund for Charits"e5 is £1,760.000.
Page 20

JOHN JAMES BRISTOL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2022
9. DEBTORS
2022
2021
Accrued Income
219,174
120.983
219 174
10. CREDITORS
2022
2021
Trade Creditors
Accruals
9.165
98,791
107,956
838
122, 070
122,848
11.
GRANTS
The following gtants have been ffode during the year.
EDUCATION
BRISTOL INDEPENDENT SCHOOLS- JOHN JAMES AWARD SCHEME
Badrninton School
Bristol Grammar
Clrfton College
Clrfton High School
Colston's School
Queen Elizabeth's Hospital
Redmaids, H￿h Schwl
30,000
30,000
30.000
30,000
30,000
30.000
210 000
BRISTOL SCHOOLS- PRIZES AND AWARDS
Ashton Park Schcx)I
Badminton SchcK)I
Bedminster Down School
Blai5e High Sch(K)I
Bridge Learning Campus
Bristol Cathedral Choir School
Bristol Cty Council Schools Meriton se￿iCe
Bristol Free School
Bristol Grammar School
Bristol Metropolitan Academy
Catx)t Leaming Federation (The c￿ Academy Bristol}
Cabot Leaming Federation {Brisiol Brunel Academy)
Clrfton College
Clfft>n High School
Colslon's School
Cotham School
Fairfield High School
Merchants, Academy
Oasis Academy Brightstowe
Montpelier High School
Oasis Acaderny Brislington
Oasis Academy John Wlliaff
5,000
1,500
5,000
5,000
5,000
5,000
5,000
5.000
1,500
5,000
5.000
5,000
3,000
3,000
3.000
5,000
5.000
5,000
5,000
5.000
5,000
5,000
Page 21

JOHN JAMES BRISTOL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2022
11. GRANTS CONTINLIED
Orchard School Bristol
Queen Elizabeth's Hospitsl
Redland Green School
Redmaids, High School
Si. Bede's Catholic Col￿ge
St. Bernadette Catholic Secondary Schc
St. Mary Redcliffe & Temple School
St. Matthias Academy
Soundwell Academy12 grants)
Trinity Academy
5,000
3,000
5,000
1,500
5,000
5,000
5,000
5,000
10,000
EDUCATION- OTHERS
Babb35a
Badock Wood E-ACT Acajemy
Begbrook Primary Academy
Black Artists on the Move
BNstol Association for Neightourh¢)od Daycare
Bristol Children's Help S￿Iety
Bristol Music Trust
Catherine Grace School
City Academy Bristol
Compass Point Primary
Easton CorTtmunity Children's Centre
HareclNe E-ACT Academy
HartclrfFe Cty Farm
Hartcliffe Nursery School & Child￿n.8 Centre
Home Start
Horse World
Learning Partnership West
Life Educab"on Bristol
Lifeskills Leaming
Merchants Academy PrÉmary
Minerva Primary
NaTional Youth Choirs Grate Britain
Perry Court Primary
Redmaids High School Trust
Room 13 Hareclive
Royal West of England Academy
Soundwell Academy
Spear Bristol
Sl Werburghs Primary Schwl
The Park
The Wheels Project
Triniry School
Ups and Downs
Woodland Academy
Young Careis Development T￿st
Youth Moves
24 Grants of £3.000 or less
146,500
5,000
3.500
4,000
5,000
5,000
25,000
119,000
20,000
4,000
4,000
8,000
4,000
25.000
10.183
4.000
10.400
5.000
5.000
20,000
4,500
6.000
4,000
3,500
5,000
7,000
76,250
35,687
5,000
8,000
250,000
15,000
10,000
3,345
10,000
5,286
10,000
48,115
743,651
TOTAL EDUCATION
1,148.266
Page 22

JOHN JAMES BRISTOL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2022
11. GRANTS CONTINUED
HEALTH
1625 Independent People
ABF Soldiers Charity
ArLess Sport
Autism Independence
Avon Community Association Shire Advi￿ Centre
Avon County Scout Council
Avon Youth Gmup
Avonmouth Community Centre
Avonmouth Football Club
Bamado's Base12 grants)
Bibic
BLESMA
Blind Veterans UK
Borderlands
Brain Tumour Support
Brandon Trust
Bravo Medics
Bristol Citizens Adv￿ Bureau
Bristol Hospitalty Nets¥ork12 grants)
Bristol Old Vic
Bristol Refugee Rights
Bristol Somali Youth Votce
Bristo5 Soup Run Trust
Bntish Red Cross
Brook Young People
Butue
Carers Suptx)rt Centre
Cerebrdl Palsy Plus13 gTrnts}
Changing Fa
CHAS BTiStol
Child Brain Injury Trust
Chrysalis Supported Association
Church Homeless TTUSt
CLIC Sargent
Combat Stress
Coram (2 grants)
Crohn's & Colitis UK
Deafblind
Eastside Community TTUSt
Fareshare South West
FIXX Hartcliffe Bike Workshop
Foodcycle
Foundation for Advice Cornmunty Engagement
Friends of Jubilee Pool
Global Goals
Go Beyond
Grief Encounter
Gypanzees
Hawkspring
Heart of BS13
HF Trust
Home for G&xt
Huntington's Disease Association
10.000
5,000
10.000
6.000
3.500
4.500
10.500
9,586
10,890
40,000
9,800
5,000
6,000
16,000
15,000
10.000
10,000
33,000
5,000
5,000
25,000
10,000
5,000
15,000
5,000
5,000
10,000
3,540
5,000
15,000
5,000
10,000
10,000
10,000
7,000
10.000
5,000
5.000
5.000
35,000
7,300
5,000
5,000
5.000
5.000
4.400
5.000
1 0,000
30.000
10,000
6,900
5,000
8.000
Page 23

JOHN JAMES BRISTOL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2022
11. GRANTS {CONTINUED)
In Hope
Jessie May
Jump Start Food & Fitness CIC
Kids Cancer Charty
Kingswood Comtnunty Transport
Life Cycle
Lifeskills for Leaming
Marie Curie
Maybe Southwest
Meadow Vale
Missing People
MNDA
Mothers for Mothers
North Bristol Advice
NSPCC12 grants)
One25 Ltd
Open Up Music
PDSA
Postscript 360
Project Mama
Rainbow Trust
Re."Work
React
Refugee Women of Bristol
Sea Mi115 Communtty Initiatives
Shelter
Sixty One
South Bristol Youth
Soulhmead Hospital Charity
Soulhmead Hospital Chanty refijnd of grant
St John Ambutance
Sl Mungo's
St Pau5s Advice Servi
St Werberg's Community Centre
Step and Stonè
Talking Money
Target Ovarian Can
The Avon Centre
The Brightrftll
The Community ofthe Sisters ofthe Church
The Fishing Project
The Guide Association Bristol & Solrth Gloucestershire
The Matthew Tree Project
The Prince's Trust
Twyford House Cricket Club
Universty of Bristol
Unseen
Wellspring Settlement
Willow
Zion Hill Communty Centre
44 grants of £3,000 or less
25.000
25,000
13,000
5,500
10,000
12,000
4,000
32,000
3.000
10,000
3.000
5,000
5,000
10,000
30,000
10,000
s,000
3.500
8,000
15,000
3,500
5,500
6,500
12,000
4,004
10,000
30.000
10,000
28,500
156,7131
10,000
12,000
6,000
10,821
9.886
20.000
10,000
7,854
10,000
5,000
3,500
5,000
10,000
15,000
10.000
16,000
10,000
40.000
6.000
20,000
74 891
TOTAL HEALTH
1 132 159
Page 24

JOHN JAMES BRISTOL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2022
11. GRANTS IcoKfiNUEDI
THE ELDERLY
Brunel Care Wavèrfey Gardens13 grants)
Cmse Bereavement
Dhek Bhal13 grants)
FallcKlon Way Medical Centre
Impermanence Dance
Independent Age
Inns Court Spring Community Transwrt
Legs 4 Africa
Marmalade TnJst123 grants)
Nimian Swak Sikh Herrtage Ltd
RAF Benevolent Fund
Re-engage
Royal West of England Academy
St Peter's Hospice
The Anchor Society
The Harbour
We Care Home IrnproVen￿nts
Young and Free
270 Grants of £3.000 or less
3,264
5,000
4,384
3,000
45.000
5,000
5,000
5,000
5,893
15,000
5.000
5,000
76,250
90,000
10,000
7.500
12,000
5,000
119,829
TOTAL ELDERLY
536.610
GENERAL
1 Grant of £3,000 or less
1,000
TOTAL GENERAL
1.000
GRAND TOTAL
2.818,035
12.
EXPENDABLE ENDOWMENT
Clauses 3 and 4111 of the Trustee Deed give the trustees power to retain or spend capital at their
absolute discretion. For the time being the knJstee5 have therefore deterrnined that the capital
fvnd shall be retsined and invested for the benefft of the Foundabon's fij￿re grant making.
A transfer has been made be￿een the Expendable Endowment to the Unrestricted Reserves
equal to the value of sale proceeds of investments made in the year to refbecl the change in the
Investment Policy and adoption of a Spending Rule. This wll ensure adequate L5nrestn'cted
reserves a￿ av8i5ab5e during the year.
Page 25

JOHN JAMES BRISTOL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2022
13.
ANALYSIS OF ASSEfs BETWEEN FUNDS 2022
Unrestsicted Expendable
Funds Endowment
Total
Tangible fixed assets
Investments and Associated Deposits
Net current assets
85.687
100,815
1.703,935
85,687
79,537.322 79,638, 137
1,703,935
1,890,437 79,537,322
81,427,759
Unrestrtcted Expendable
Funds
Endowment
Movement in thg year
Opening balance as at 1 September 2021
Total income & endowments
Cost of raising funds
Cost of charitable acttvities
Losses on Investments
Transfer between funds
Total
2,762,256
1,354,650
1343.5761
(2.968.139)
86.724,120
89,486,376
1.354,650
1343.5761
(2.968,1391
(6,101,552) (6.101.552)
11,085.246)
1,085.246
1,890,437
79,537,322
81,427,759
13. ANALYSIS OF ASSETS BETWEEN FUNDS 2021
unrestn.cted Expendable
Funds Endowment
Total
Tangible fixed assets
Investments and Associated Deposits
Net current assets
91.173
100.814
2,570,269
91,173
86,724,120 86,824,934
2,570,269
2.762,256 86,724.120
89,486,376
Unrestricted Expendab
Funds Endowment
Movement in the year
Opening balance as at 1 September 2020
Total income & endowments
Cost of raising funds
Cost of charitable ath"viti"es
Gains on Investments
Total
3,410,242 77,290.956
2,188,468
1321,321}
(2,515,133}
80,701.198
2,188,468
{321,3211
12,515,133)
9,433,164
9,433,164
2,762.256 86,724.120
89,486,376
14. CHARrrABLE COMMITMENTS
At 30 September 2022 the Foundation had outstanding commitments to make charitable grants
amounting in total lo £2,307,30012021_" £2,935.400} which will be funded from future income.
£1,226,800 is due to be met wtthin one year and £1,080.500 is due to be met after rnore than
one year.
Page 26

JOHN JAMES BRISTOL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2022
Of the material commitments due after one year include £1.055,000 is due to ￿h0o1$. Major
commttments that are due within one year include £450,000 to Great Westem Air Ambulance,
and £190,000 to CreatNe Youth Network, £100,000 to Watershed and £100,000 lo Bristol &
Weslon Hospitals, Charty. All commitments are subject to the ￿thIr￿ent of certain cOnd￿'0n$.
Material indNidual commf(ments and ￿Ories of commtbnents are disclosed below.
New Grants
SOFA
Released
clf Total
Schools
Bristol & Weston Hos
Ètals, Cha
Bamardo's - Bristol BASE
Bristol Music Trust
Creatr've Youth Net￿￿rk
Fareshare South Wesl
Great Westem Air Ambulanee
Ro
al West of En
and Academ
St Peter's Hos
Southmead Hos
ital Cha
The Park. Knowle West
Universi
of Bristol
Watershed Arts TTUSt Ltd
others Less than £25 000
Total
1,270,500
100.000
30.000
216,000
4,500
220,500
1,270,500
100 000
40,000
18,000
190,000
35,000
450,000
30,000
119,000
190,000
35,000
450.000
152,500
90,000
70 000
250,000
152.500
),000
70.000
250.000
16,000
48.000
32,000
100,000
71.800
2 307 300
100,000
105.400
137.000
1.010,500
103.400
446.900
74,500
15. RELATED PARTY TRANSACTIONS
Mrs J Johnson donated a number of rtems of jewellery of which 1 item was sold during the year and
generated £232, 1 item remains unsold and is recorded at Tril value. There were no other related paty
transactions in the year. During 2021, Mrs J Johnson donated a total of 6 paintings to the Found31ion
of which 3 were sold tast year and the remaining 3 We￿ sold for £68.310. There were no other related
party transacb'ons in the year.
Page 27

JOHN JAMES BRISTOL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2022
16. STATEMENT OF FINANCIAL AcnvmES 2021
2021
Total
Funds
2020
Total
Funds
Expendable
un￿strICted Endowment
Notes
INCOME AND ENDOWMENTS FROM:
Donations. legaues
ChartEable activrfties
Investments
58.093
177,817
77
1,934,070
2,130.341
2,130,341
Total InGome and End0￿ents
2.188.468
2,188,468
2, 111,904
EXPENDITURE ON..
Raising funds
Charita￿e aGtivtties
321,321
2,515.133
321,321
2,S15.133
280.676
2,482, 160
Total Ex￿ndItUre
2,836.454
2.836N54
2, 762,836
Nèt gainsAossès on investments
9.433,164
9.433,164
(2,313.037)
NET INCOME
{647,9861
9,433.164
8.785.178
f2,963,969)
NET MOVEMENT IN FUNDS
1647,9861
9,433.164
8,785.178
(2,963,969)
RECONCILIATION OF FUNDS:
Totsl fvnds brought forvraFd
3,410,242
77.290.956
80.701.198
83,665, 167
TOTAL FUNDS CARRIED FORWARD
AT 30 SEPTEMBER 2021
12.13
2.762.256
86.724.q20
89.486.376
80, 701, 198
Page 28