2024-09-30-accounts

		2024
		£
Free	reserves	2,322,472
Less	commitmentsnotprovidedforasa liability(Note15)	(2,415,364)
Free	reservesadjustedforcommitments	(92,892)

Independent Auditor's Report to the Trustees of John James Bristol Foundation

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non-compliance with laws and regulations (irregularities) is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. In addition, as with any audit, there remained a higher risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls.

We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations.

Use of our report

This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Crowe U.K. LLP

Statutory Auditor Cheltenham

Date: 11 February 2025

Crowe U.K. LLP is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.

11 IPage

				2024		2023
			Expendable	Total		Total
	Notes	Unrestricted	Endowment	Funds		Funds
		£	£	£		£
INCOMEANDENDOWMENTSFROM:					;
Donations	16	1,263	-	1,263		87,351
Charitableactivities		-	-	-			-
Investments	2	1,320,204		1,320,204		1,002,923
TotalIncomeandEndowments		1,321,467	-	1,321,467		1,090,274
EXPENDITUREON:
Raisingfunds	3	285,166	-	285,166		308,387
Charitableactivities	4	2,199,842	-	2,199,842		2,573,258
TotalExpenditure		2,485,008	-	2,485,008		2,881,645
Netgainsoninvestments	8	-	11,296,553	11,296,553		2,076,336
NET(EXPENDITURE)/INCOME		(1,163,541)	11,296,553	10,133,012		284,965
Transferbetweenfunds	12,13	1,897,090	(1,897,090)	-			-
NETMOVEMENTINFUNDS		733,549	9,399,463	10,133,012		284,965
RECONCILIATIONOFFUNDS:
Totalfundsbroughtforward		1,665,723	80,047,001	81,712,724		81,427,759
TOTALFUNDSCARRIEDFORWARD
AT30SEPTEMBER2024	13	2,399,272	89,446,464	91,845,736		81,712,724

	Notes		2024		2023
		£	£	£	£
FIXEDASSETS:
Tangibleassets	7		76,800		80,201
Investments
DiscretionaryPortfolio	8	83,980,659		74,346,143
Non-DiscretionaryPortfolio	8	1,459,580		1,538,097
PropertyFunds	8	4,006,225		4,162,761
			89,446,464		80,047,001
TOTALFIXEDASSETS			89,523,264		80,127,202
CURRENTASSETS:
Currentassetinvestments	16	-		3,318
Debtors	9	216,503		203,989
Cashatbankandinhand		2,158,542		1,561,300
TOTALCURRENTASSETS			2,375,045		1,768,607
LIABILITIES:
Creditors:Amountsfallingduewithin	10	(52,573)		(183,085)
oneyear
NETCURRENTASSETS			2,322,472		1,585,522
TOTALNETASSETS			91,845,736		81,712,724
THEFUNDSOFTHEFOUNDATION:
ExpendableEndowmentFunds	12,13		89,446,464		80,047,001
UnrestrictedFunds	12		2,399,272		1,665,723
TOTALFUNDS			91,845,736		81,712,724

	2024 £	2024 £	2023 £
Cashflowsfromoperatingactivities: NetIncomefortheyear	10,133,012		284,965
Adjustmentsfor: Depreciationcharges	3,401		|5,486
(Gains)oninvestments	(11,296,553)		(2,076,336)
Investmentincome	(1,320,204)		(1,002,923)
Decrease/(Increase)incurrentassetinvestments	3,318		(3,318)
(Increase)/Decreaseindebtors	(12,514)		15,185
(Decrease)/Increaseincreditors	(130,512)		75,129
Netcashprovided(usedin)operating activities	(2,620,052)		(2,701,812)
Cashflowsfrominvestingactivities:
Investmentincome Proceedsfromsaleofinvestments Purchaseofinvestments	1,320,204 1,897,090	<	1,002,923 1,914,197 (246,725)
Netcashprovidedbyinvestingactivities	3,217,294		2,670,395
Cashflowsfromfinancingactivities:
Netcashprovidedby/(usedby)financingactivities
Changeincashandcashequivalentsinthe Year	597,242		(31,417)
Analysisofcashandcashequivalents Cashatbankandinhandbroughtforward Cashatbankandinhandcarriedforward	1,561,300 2,158,542		1,592,717 1,561,300
	597,242		(31,417)

	2.	INVESTMENTINCOME ListedinvestmentsintheUK Listedinvestmentsoverseas Propertyincome Interestreceived			2024 £ 67,538 804,658 341,690 106,318 1,320,204	2023 £ 51,962 598,046 286,823 66,092 1,002,923
		COSTOFRAISINGFUNDS
		Thesecostscomprisetheinvestmentmanager’sfees.		TheTrusteesareoftheopinionthat
		withoutthesetherewouldbe noincome	availablefor	distributionand	assuchtheyhavebeen
		chargedtotheunrestrictedfundswhich	isconsistent	withthepolicyin	prioryears.
		CHARITABLEEXPENDITURE
		Education		Health	Olderpeople	TOTAL
			£	£	£	£
		DirectCosts	424,236	1,439,767	189,561	2,053,564
		Supportcosts
		Staff	25,272	46,545	16,247	88,064
		Property	3,372	11,445	1,507	16,324
		Office	2,552	8,663	1,141	12,356
		Depreciation	703	2,384	314	3,401
		Other	5,399	18,322	2,412	26,133
		TOTAL2024	461,534	1,527,126	211,182	2,199,842
		TOTAL2023	902,063	1,314,764	356,431	2,573,258
	5.	NETINCOME
		Thisisstatedaftercharging:
					2024	2023
					£	£
		Auditor’sremuneration— audit			15,600	15,600
		Legalfees			840	5,640
					16,440	21,240
		STAFFCOSTS			2024	2023
					£	£
		Wagesandsalaries			81,647	84,307
		Pensions			3,920	5,863
		Employer’snationalinsurancecosts			2,497	2,592
					88,064	92,762
					No.	No.
		Theaveragenumberofemployeeswas:			4	4

TANGIBLEFIXEDASSETS
	Freehold		Office
	Property		Equipment	Total
Costorvaluation	£		£	£
At1 October2023	160,000		18,445	178,445
Additions		-	-	-
At30September2024	160,000		18,445	178,445
Accumulateddepreciation
Atbeginningofyear	80,000		18,244	98,244
Chargeforyear	3,200		201	3,401
At30September2024	83,200		18,445	101,645
Netbookvalue
At30September2024	76,800		-	76,800
At30September2023	80,000		201	80,201
INVESTMENTS			2024	2023
			£	£
DiscretionaryPortfolio
At1 October			74,346,143	72,804,816
Proceedsonsaleofinvestments			(1,897,090)	(1,914,197)
Purchaseofinvestments			-	246,725
Netinvestmentgains			11,531,606	3,208,799
Marketvalueat30September			83,980,659	74,346,143
InvestmentsintheUK:
Equitysharesandpooledfunds			18,765,550	16,891,677
Cashinstruments			3,373,685	278,051
Investmentsoverseas:
FixedInterest& Equityshares			61,841,424	57,176,415
			83,980,659	74,346,143

.	INVESTMENTS(continued)	2024 £	2023 £
	Asat 1October Unrealisedinvestment(losses)/gains	5,700,858 (235,053)	6,833,321 (1,132,463)
	Marketvalueat30September	5,465,805	5,700,858

		2024	2023
		£	£
	AccruedIncome	212,477	203,989
	Prepayments	4,026	-
		216,503	203,989
10.	CREDITORS
		2024	2023
		£	£
	TradeCreditors	463	4,278
	Accruals	52,110	178,807
		52,573	183,085

	£		£
Gympanzees	140,000	WhizzKidz	8,500
Barnardo's	40,000	FiXx	8,500
NSPCC	30,000	YoungCarersDevTrust	7,000
TheGreenHouse	20,000	IncredibleKids	6,000
Prince'sTrust	15,000	Openupmusic	5,000
Jumpstart	14,784	YoungandFree	5,000
Sense	14,736	Re:Work	5,000
YoungCarers	10,000	StreetDoctors	5,000
BristolSomaliYouthVoice	10,000
ChangingTunes	10,000	Other(12awards)	30,568
YoungBristol	10,000
AccessSport	10,000	Total	405,088

ducation
	£
JohnJames Award
Scheme
QueenElizabeth
Hospital	30,000
BristolGrammar
School	30,000
RedmaidsSchool	30,000
CliftonHighSchool	30,000
CollegiateSchool	30,000
BadmintonSchool	30,000
Other
HeadleyParkPrimary
School	20,000
Wheelsproject	15,000
SouthBristolYouth	10,000

	£
Room13	10,000
HartcliffeNurserySchool	10,000
BristolOldVic	5,000
OasisHubSouth
Bristol	5,000
£5,000orless
Awardsto35other
schools	148,849
Other(7awards)	20,387
Total	424,236

	£
Wellspringsettlement	80,000
Jubileepool	50,000
CitizensAdviceBureau	36,000
SpikeIsland	30,000
HartcliffeCityFarm	25,000
169thBristolScouts
Group	20,000
AvonmouthOldBoys
RugbyFootballClub	14,000
StWerburgh’s
communityAssociation	12,613
StJohn'sAmbulance	12,000
ArnosValeCemetryTrust	10,300
BoingLockleaze	10,000

	£
TheMaziProject	10,000
Co-exist	10,000
LocalPolishCatholicMission	10,000
Filtoncommunityassociation	10,000
Yourpark	10,000
BristolGilbert& Sullivan
OperaticSoc	5,784
BAND	5,392
Sparks	5,250
Other(5awards)	4,850
Total	371,189

Health
	£
Freewheelers	35,000
MarieCurie	32,000
JessieMay	25,000
UniversityofBristol	16,000
BrainTumourSupport	15,000
Bibic	12,400
YoungLivesv Cancer	10,000
Huntington'sDiseaseAss	10,000
React	9,000

Sixtyone	30,000
InHope	30,000
Hawkspring	30,000
TalkingMoney	20,000
Borderlands	17,000
ProjectMama	16,000
HousingMatters	16,000
EmmausBristol	15,000
One25	15,000
LifeCycle	13,960
RefugeeWomenofBristol	12,500
StMungo's	12,500
NorthBristolAdviceCentre	11,000
CaringinBristol	10,400
BristolRefugeeFestival	10,000

	£
RoyalOsteoporosisSociety	8,000
WillowFoundation	6,500
KidsCancerCharity	5,500
GriefEncounters	5,000
RainbowTrust	5,000
Others(13awards)	28,700
Total	223,100
	£
106groups(parties)	133,576
Others(14awards)	19,003
Total	189,561
HeartofBS13
MatthewTreeProject
Shelter
TheSouthmeadProject
Beloved
PostScript360
TheHarbour
StPaul'sAdviceCentre
HTFApsleyHouse
Paul'sPlace
BristolHospitalityNetwork
MothersforMothers
DrakeMusic
SunsetMissionofHope
CommunityoftheSistersofthe
Church

ChangingFaces	5,000	Children'sScrapstore	5,000
BristolSoupRunTrust	5,000
Armybenevolentfund	5,000	Others(13awards)	34,194
Blesma	5,000
Crusebereavement	5,000	Total	440,390
SuicidePrevention	5,000

	Unrestricted	Expendable
	Funds	Endowment	Total
	£	£	£
Tangiblefixedassets	76,800	-	76,800
InvestmentsandAssociatedDeposits	-	89,446,464	89,446,464
Netcurrentassets	2,322,472	-	2,322,472
	2,399,272	89,446,464	91,845,736
	Unrestricted	Expendable
	Funds	Endowment	Total
Movementintheyear	£	£	£
Openingbalanceasat1 October2023	1,665,723	80,047,001	81,712,724
Totalincome& endowments	1,321,467	-	1,321,467
Costofraisingfunds	(285,166)	-	(285,166)
Costofcharitableactivities	(2,199,842)	-	(2,199,842)
GainsonInvestments	-	11,296,553	11,296,553
Transferbetweenfunds	1,897,090	(1,897,090)	-
	2,399,272	89,446,464	91,845,736

				Unrestricted			Expendable	Expendable
				Funds			Endowment			Total
				£				£		£
Tangiblefixedassets				80,201				-		80,201
InvestmentsandAssociatedDeposits				-			80,047,001			80,047,001
Netcurrentassets				1,585,522				-		1,585,522
				1,665,723			80,047,001			81,712,724
				Jnrestricted		Expendable
				Funds		Endowment				Total
Movementintheyear				£			£			£
Openingbalanceasat1 October2022				1,890,437		79,537,322			81,427,759
Totalincome& endowments				1,090,274			-			1,090,274
Costofraisingfunds				(308,387)			-			(308,387)
Costofcharitableactivities				(2,573,25			-		(2,573,258)
				8)
GainsonInvestments					-		2,076,336			2,076,336
Transferbetweenfunds				1,566,657		(1,566,657)				-
				1,665,723		80,047,001			81,712,724
CHARITABLECOMMITMENTS
At30September2024theFoundationhadoutstandingcommitmentstomakecharitablegrants
amountingintotalto£2,415,364(2023:			£1,945,260).Free		reserves		arenotcurrently			sufficientto
meetthosecommitmentsandsoan		additionaltransfer willneedto				bemadein2024/25.				£1,071,604
isexpectedtobepayablewithin	one	year		and£1,343,760is	duetobe		metafter	more	thanoneyear.
All commitments are subject	to	the		fulfilment of certain conditions.				Material		individual
commitmentsandcategoriesof	commitmentsaredisclosedbelow.
	b/f			SOFA Released			NewGrants			c/fTotal
		£		£	£		£			£
Schools	1,270,500			(186,750) (1,083,750)				-		-
Barnardo’s— BristolBASE	40,000			(40,000)		-	45,000			45,000
GreatWesternAirAmbulance	513,760			-		-		-		513,760
UniversityofBristol	16,000			(16,000)		-		-		-
FriendsofJubileepool	50,000			(50,000)		-		-		-
SpikeIsland	30,000			(30,000)		-		-		-
Gympanzees			-	-		-	870,000			870,000
1625IndependentPeople			-	-		-	500,000			500,000
TrinityreJacobsWellsBaths			-	-		-	100,000			100,000
YouthZone			-	-		-	100,000			100,000
EmpireFightingChance			-	-		-	50,000			50,000
EastonChristianFamily			-	-		-	30,000			30,000
Centre
HartcliffeCityFarm			-	-		-	25,000			25,000
Otherslessthan£25,000	25,000			(7,000)		-	163,604			181,604
Total	1,945,260			(329,750) (1,083,750)			1,883,604			2,415,364
									23|Page

				2023	2022
			Expendable	Total	Total
	Notes	Unrestricted	Endowment	Funds	Funds
		£	£	£	£
INCOMEANDENDOWMENTSFROM:
Donations	16	87,351	-	87,351	83
Charitableactivities		-	-	-	20
Investments	2	1,002,923	-	1,002,923	1,354,547
TotalIncomeandEndowments		1,090,274	-	1,090,274	1,354,650
EXPENDITUREON:
Raisingfunds	3	308,387	-	308,387	343,576
Charitableactivities	4	2,573,258	-	2,573,258	2,968,139
TotalExpenditure		2,881,645	-	2,881,645	3,311,715
Netgains/(losses)oninvestments	8	-	2,076,336	2,076,336	(6,101,552)
NET(EXPENDITURE)/INCOME		(1,791,371)	2,076,336	284,965	(8,058,617)
Transferbetweenfunds	12,13	1,566,657	(1,566,657)	-
NETMOVEMENTINFUNDS		(224,714)	509,679	284,965	(8,058,617)
RECONCILIATIONOFFUNDS:
Totalfundsbroughtforward		1,890,437	79,537,322	81,427,759	89,486,376
TOTALFUNDSCARRIEDFORWARD
AT30SEPTEMBER2023	13	1,665,723	80,047,001	81,712,724	81,427,759