Reglstered number.. 11267055
Charlty number: 1181S44
THE G-A-Y FOUNDATION
IA company limitgd by guaTanto91
UNAUDttED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

THE G.A.Y FOUNDATION
IA wnpany limiled by 9uarant¢*l
CONTEMTS
Page
Reference and admlnlstratlve detalls of the company. Its trustees and advlsers
Tru51ees' r•port
Tru$tee$' responsibilities slattrrnent
Independent exarninerfs report
Stat•m•nt ollfjnanelal a¢tlvRi•$
BalancÈ shoèt
Note5 to the financial statement5
9-13

ThE GA.Y FOUNDATION
IA company Ilmlted by guarantee)
REFERENCE AND ADMINISTRATNE DETAILS OF THE COMPAMY. ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 30 APRIL 2023
Tru$t¢e$
J Joseph
S M Tumer
K M¢Shanfton
L K81k)w {appointed 1 August 2023}
Company registered number 11267055
Charity registered nwmber
1181544
R•gistarod offie•
G-A.Y Bar
30 Okl C￿lp10n Slr881
Lon(kn
W1D4UR
Accountants
A(11￿ Shine LLP
ASIC￿ House
Comwall Av8nu8
Lon¢
N3 1LF
Page 1

THE GA.Y FOUNDATION
IA ¢4mpany Ilmlted by guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 30 APRIL 2023
The TrLLStee8 pfesent their annual rew)rt together wth the fiwbanckHI staternents of the c<xnpany for the financial year ended 30 April
2023. The Annual rep￿1 5erwes the purpose5 of a Tru5tees' report and a diieciors, report under cornpany law. The Tru51ees
confirm that the Annual report and 5tstetnents of tre charitai4e company co[n￿Y with the current statutory requiietnents. the
requ1￿ments of the ¢h8rilable Compan￿$ oovemino d(￿Ument )[ the Statement of Recommend￿1 Practice ISORPI
applicable lo chaiities preparing their accounts in a¢Co[dan￿ ￿1h Ihe Financial Rep£￿Ing Stsndard applicable in the UK and Republic
of Iipla?d IFRS1021 leffecbve 1 January 20191-
Since the Gornpany qualrfie5 a5 S￿￿11 undei 58cIN)n 382 of ConipaiiE5 Acl 21K6. lh8 StsalBgic report requiwed of niedium and 18rg8
companie5 under the CotnpanEs Act 2006 Istralegic Report and DiredL¥5' Rep(xtl Regulations 2D13 ha5 been Imnitted.
Objectives and activities
P(Aiciès and objèctives
The G-A-Y Foundation ha5 been estsb1i%h￿j to offera lrfe changing optxylunity to Itrw)5e need it.
Our areas of priority for funding over the n￿t Iwo lo Ihree years will be Ihe followng trtjt we wll keep thern under review annualty or
rn￿e often if needed'.-
health
sooal inclusion
- pYC￿0t1on of equality and diversity and cowrwllunity deveWllenL
A non-ExhaustivÈ list of Samp￿ grants WB would incl￿1¢.._
- a￿sting with costs of purthasing P￿P
- assisting thos8 who need c(xJnselliry le.g. due to alco￿ or dw d￿ndencY or to improve mental heaxh and vAlbe1r￿)
- assi51ing costs of fvndiry gpjts w$S￿n￿ent N Iherapy
- a￿stIng those Suffering frotrn infertilrty to prLMde supp(rt guidan￿ ot necessary funding towards costsof IVF (but not surTYJgxyl
supporting peo￿& with disabiliti8s or who hav8 suffer￿1 an aYi(Jent to h81p impr(y18 th8ir qualty of lrfe 8.g. through funding
equipment daity living aits. making adjustments to and [￿V￿lIn9 finanual supFw)rt in immediaie aftermath of an accident
- a5￿811ng with rental cost5 for P8r￿￿ made IvyDe18&8 ijue to fatnily rejecti￿.
In setting objectiV8s and planning for activitie5, Iha Trustee5 have g￿e￿ due u)n5Kleralion to general guid8wKe published by the
Charity Cotnmission relating tts public benefi¢ ind￿￿￿9 the guKlarKe'PuLdK benefiL" running a thÈtity IPB21'.
Page 2

THE GA.Y FOUNDATION
IA ¢4mpany Ilmlted by guarantee)
Objèctives and activities Icontinuedl
b. Stralggie5 lor ¥hieving objeclibys
Our strategy 1$ lo furtraise on a castrby case l)asbS for a specffied totsl to m*e an indNKlual grant on￿ the funds have been raised
for one suc¢9$5ful grant appliration. Ive WAII rnove orlo the ryext fundraise.
c. A¢tlvltSag undertaken to achlev• obleclfjves
The charity commenced fundraising a¢tivthes in the wor year artl m*Ye ts firsl grants in wrth ils (￿jectiVes.
d. Main activibes undertaken to further the Com￿nY.$ purpose5 for public benefft
Our funds rnust be applied toward5 exdusivety thaitable PUTpose5 IuTMler the laws of England and Wales) ft)r tre putAic benefit as the
Tru5tee5 rnèy from time to time deride. During the F>eriod ended 30 April 2023 Ihe charity inGrea5ed it5 fundraising afjtivities and
generdled £217,205 in dOnati￿S of wthi(*h it expeth £128.113 on d￿vIlab￿ purw)5es.
Achievements and perfomian¢e
a. Main a¢hi•v•m•nts of th• company
Clon8tlon5 ha¥8 been recelv81J frorn fundr8i51ThJ activrtl8s. wch as partkxpation in th8 London M8ratMn. and frorn G-A-Y Group
Limiied.
inancial r8¥i8W
a. Goin9 concem
Afler rnaking appropriate enquirE5. the Trustee5 have a reasonab￿ eXpetst￿ Ihat the cotnpany has adequaie resources to rDnbnuE
in operational existence for Ihe foreseeable futurÈ_ F(w this rèason. Ihey continue lo adopl the wng contem basis in preparing the
financial statements. Further details règarding Ihe attoplion of the gciThJ con¢em basis can be f￿nd in the accounting Wic*s.
Page 3

THE GA.Y FOUNDATION
IA ¢4mpany Ilmlted by guarantee)
Structu￿. goveman¢e and management
. Conslitution
The G-A-Y FoundatW 15 r89stered as a charttable cotnpany lirntted by guarantee atKI wa5 Set up by ltr￿ Memowandum and hlicl8s of
Associab"on.
b. Method$ ofappoinlment or eledion of Truslees
The managernent of the compsny is the responsibilly of the Trustees who are eknted and (X￿pted under th8 lerms of the Art￿l&S of
Assoaation.
The Truslee5 wl¥J served dumg the year aw¥J to ￿ date of this rep¥Nt ate as fLA￿)W5..
J Jthtsph
S M Tumer
K McSh8nnon
L Kellw lappynted 1 August 20231
Approved by Ord￿ of the mernbers olthe board ol Trustees and lh￿[ by..
J Joseph
Trustee
Date.. 26 January 2024
Page 4

THE GA.Y FOUNDATION
IA ¢4mpany Ilmlted by guarantee)
STATEMENT OF TRUSTEES. RESPONSIBIUTIES
FOR THE YEAR ENDED 30 APRIL 2023
The Trustees Iwho are aLso the directors of Ihe curpany l(x the PLrposes ol company lawl are reSPon￿bIe fLY preparing the Trustees,
report and the financral 5taternenls n accLYtJance wth applicable L7w arvj Un￿￿ed KInyj￿n Accounting StarvJard5 Iunited Kingdom
Generally Accepled AccoutTkng Praclicel
Cornpany law requires the Tnstèes to prepare finarrial statemenis for each financial . Under company law, the Trustees musl not
approv8 th8 financial sta18m8nts un185S th8). are Satisf￿ that they giv8 a tnJ8 and fair view of the slat8 ol affair5 of the company and
of rts incoming resoLrces and application ot resourtss. induding its income aDd expenditure. lor that period. In Pfeparing these
financial statements, the Trntslees are requI￿d to..
selecl suitable accounting rKJh'cies and then apFAy th8m Con￿sten￿￿'.
obsErwE the [rEth￿S and prinoples ol the Charilips SORP IFRS 1021."
Make lucJgTh￿￿ls and accounong estlmaies thai are Eawable and pr￿den1'.
state whether applicable UK Accounting Standards IFRS 1021 have been fdlowed. subj.ed to any material departu￿$
disck)sed 2nd tsxplained in Ihe financkql stalanenls",
prepare the ￿ancIal siaierrEnts on the ¢oncem basi5 urless li is inappr¢)priate to presume that the company will
continue in business.
The Trustees are respons1t￿e for keepityJ adequ*e &u)unting re(X)￿* Ihat are suffioent ￿ show and expLain Ihe company's
transactions and disclos& wilh reasonablè accuw at any lime Ihe finantsal ptssroon of the company atTrd ÈnatAe them LO ensure that
the financial Statements comply with Ihe Compan￿5 Act 2C06. They are aso iesponsible for safeguarding the assets of the company
and hence for takivg reasona)le steps preventi￿ atmj d8tedv)n of fraud arLI 0th8r 1rr8gularit￿S.
Approved by order of the mernbers ofth8 b08rd of Trustees and s￿￿ed ￿ its b8halfby.'
J Joseph
Dale.. 26 January 2024
Page 5

THE GA.Y FOUNDATION
IA ¢4mpany Ilmlted by guarantee)
INOEPENDENT EXAMINER'S REPORT
FOR THE YEAR EK)EO 30 APRIL 2023
Independent exarnSn8rf8 report to the T￿￿te8S of The &A-Y F￿ndatIon Ilhe Comp￿￿)
I r8POrt to th8 charity Trust8e5 on my 8xamirHtion oflhe ac(xNJnts of th8 c(xnpany lh8 year8nd￿J 30 Apn'l 2023.
ResponslbSlltkn and basls of report
AS the Trustees of the company land Ils dIreCt￿S for the purposes of 0￿panY lawl YO￿ are respon8ible for the preparation of the
accounts in aCcOrda￿e with the requrenHIts ofthe CoM￿n￿ Act 2006 (Ihe 2(KJ6 Acl'l.
Havlng satisfied mysdf that the att￿nts of the ¢tympany a-e not required to be audited Lnder Part 16 01 the 20)6 Act and are eligiNe
indep8ndent exarnination, I r8POrt in r85P8Ct of My 8x8rninati￿ of the cotnp8nY5 accounts carried out under Section 145 of the
Chariiies Ad 2011 1.the 2011 Aci'l. In carfying out my examinabcffi I have the Directions given by thts Charity Commission
under $e¢tion 14515llbl of the 2011 Act.
Independent exarninerfs staernenl
I have wmp1818d my 8xaminatK)n. I Conffi￿ that no matte15 have Lxxn8 to my att8nlK)n in {￿nectiOn th th8 8X8rnination giving m8
(*use 10 believe.
accountng recorrjs were not kept in rest*(a cltt)e conpany as requi￿ by sect#)n 386 01 the 2006 Act," or
the accounts do not accord wlh those retsyds" or
the a¢counts do not comply wth the ac¢ountro reqviremerts of Sexi￿ 396 of the 2006 Act other than any requiremen¢ that
the accounts grie a'tru8 8nd fairf vi8v4 which ￿ rK>t a wnatler Ix)nsider8d as Fart of an ind8pendenl 8xamination.' or
the accounts have not been preparwj in ￿an￿ ￿1h the methods and principles of the Slatement of Recommended
Practice for accounting and rfrporting by th3rities [appI￿ats￿ to d￿riti&S prgpaiing thwr accounts in accordance With thg
Financial Rep)rtsng Stsndard ar(Jli¢at.￿ in the UK Republi¢ of I￿laTh1 IFRS 10211
I h8V8 no concems and hav8 come across no 0tr8r matter5 in ConneCt￿ffi with th8 examnation to whirth attentiDn should be drawn in
thiÈ rèport in order tts onablè a prO￿r u￿jèr$1andlt￿ of tht attounts ￿ bÈ lèath￿.
This report 15 m8d8 solely lo the cornpanrfs Trust8es. as a Ixxly. in aCto￿anCe P* 4 of Ih8 Ch￿tIeS IAccounts a￿1 Reports)
Regulations 2008. My work has been underlaken so that I mwht stste lo the companls Trustees those rnatters l am required lo state
to them In an Independent examin¥s repvt and for ro other purpose. To he fulbest extent pennitted by law, I do not a￿Ept ￿ assume
r88p¢￿￿b11ty lo anY0r￿ otherthan th8 cornpany and th8 c(xnpany'5 Trust88s as a b(xly. for my wLyk or for this report.
Signed..
Dated..26 Janu8ry 2024
Christopher Tayhx
Adl•r Sh5n• LLP
Aston House
Cornwall Av8nue
Lon(Jon
N3 1LF
Page 6

THE GA.Y FOUNDATION
IA ¢4mpany Ilmlted by guarantee)
STATEMENT OF FINANCIAL ACTivfTIES IINCORPORATING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR EK)EO 3Q APRIL 2023
Unrestrfctad
funds
2023
Total
fund5
2023
rotal
122
In¢rxne from:
Donations
217205
217,205
54,92T
Totsl Income
Expendlture on:
217205
217.205
54,927
Charitable adwitie5
120.313
120.313
26,405
her expendilure
9.557
9,357
1, 129
Total expenditure
129,870
129.870
27,534
Net movement In funds
87,335
87.335
27,393
Reconciliation of funds=
Totsl funds brtyjght fixward
Net movemenl in funds
34,115
34.115
6,722
87,335
87.335
27,393
Total funds carried forward
121,450
121.450
34.775
The Statemenl of finanrial ￿￿¥1￿e$ Indu(les all gains and losses rwniwl in the year.
The no18s on pag8s 9 to 13 form part of the59 finarKial stat8mBnls.
Page 7

THE GA.Y FOUNDATION
IA ¢4mpany Ilmlted by guarantee)
REGISTERED NUMBER: 11267055
BALANCE SHEET
AS AT 30 APRIL 2Q23
2023
2022
Note
Curront a$s&ts
Cash at bank and in fond
121,450
34. 115
121.45(1
34. 115
Net Gurrent ass&ts
121,450
34,115
Total a$$ets IWJS ¢uffent Il*lllWes
121.450
34,115
Total net asse1$
121,450
34,175
CharSty funds
Unreslrthd funds
121,4
34,775
Total fund5
121,450
34.715
The rxxnpany was enb'ded to exemptM)n from audit ￿KIer seciKJn 477 of Ihe CIMnpanies Act 21Y)6.
Tlie rnBmbetb not rvyuir￿l wmpèjny iD ublain a￿111 fut the yedf in y￿lSti￿ in witli ￿110￿ 476 Df CotllPé]niU
Act 2006.
The Trustee5 acknoW￿ge their o¥4)ngbilit*s coM￿￿￿j wth the ￿uirements of1h& Act th ￿SpeCt to accthnting ￿COrdS and
pr8paration of financial staiements.
The fina￿181 statements have been prepare(l in accor¢Yan¢e wth the [￿l￿on$ 8p￿￿0t1e to entit￿$ subject to the srF)all companies
regime
The financial statemenb were appr￿e￿ arn1 wue by Ihe Tnjslees and on their behalf by..
J Joseph
Dale.. 26 January 2024
The no18s on pag8s 9 to 13 form ofthe58 ￿nar￿331 stat8m8nts.
Page 8

THE GA.Y FOUNDATION
IA ¢4mpany Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATE14ENTS
FOR THE YEAR EK)EO 3Q APRIL 2023
Genoral informatio
The G-A-Y Foundabon ￿ a company limiled by guaranlee rryisterEd in E[￿land Wales. The members of the company are
the trustee5 ￿[Ded on page 1. In Ihe evenl of the cwpany bvw¥J w￿rNI UJ. the liabilily in respett of Ihe guarantee is limited to
£1 per rngmber of the comp8ny. The prinapal ¥ti¥ty of ts ￿rnpany is the promotion of sorAal inrJusk?n, equality, diversity,
and the advancement ol heallh.
Accounting PDIicips
2.1 Basis of preparation of financial 5tatsments
The finaicial statements have been prepared in accordance with Ihe Chariiies SORP IFRS 1021- Accounting and
Reportins by Charitie5'. Statetnent cl ReC(￿Me￿￿ed Ptxtice aJp11cab￿ to chaiities pieparing th￿[ accounts in
ordance with the Finan031 Repotbr¥J StardarLI ap￿ICable in UK aThJ RepuL)lic Df Ireland IFRS 1021 leflectiVE 1
January 20191, the Financial Rep(xb"ng Standard applicab￿ in the UK RepUt￿lC of Ireland IFRS 1021 and the
Companies Act 2006.
The G-￿y Foundation meeis the defnf(K)n of a rAJt1￿ benefit entity under FRS 102. Awt$ and liabilities a￿ initially
recognised ai htstori¢al cosi ￿ Lransackn)n value unless 01he￿ stated In ihe ￿levant accountrng policy.
2.2 GoSn9 ¢oncern
The Trustees have assessed whether Ihe use of the wng &)ncem basis 15 a￿)rOprIate and have considered KDssible
events ￿ conditions t￿t might rast Signi￿￿nt dwbt ￿ Ihe ability o. the company to conbnue as a going concem. AILer
rnaking enquirie5. the truslee5 have conduded that Ihere is a reasonable expectation that the cotnpany has adequate
resources to contsTrue in Opera1￿￿5 existenTr fof the f(YEsee￿e futwe being a period Df at least 12 rnonihs frotn the date
of approval of t￿8 fi￿ncIal stst8ffl8nts. Th8 u)mpany th8r8for8 cOntinL￿ to adopt the gong conc8rn basi5 in pr8paring
its financial ststements.
13 In¢ome
Al ir&)me is re¢ognised onTr the wrrpany has entilleff*nl to the in(x￿￿e. it is probable that tho income will be received.
and the amountol i￿01￿1￿ receivatle can be measured relh3bbf.
Page 9

THE GA.Y FOUNDATION
IA ¢4mpany Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATE14ENTS
FOR THE YEAR EK)EO 3Q APRIL 2023
Accountlng PDllcSes Icontlnued
2.4 Expendknre
Exp8ndibJr8 15 rKognis8d Ih8r8 is a legal ￿ (xy￿1[uCi￿8 dA¥J8tion lo Iransfer8corK>rnic b8n8frt to a third party, it is
probable that a transfer tsf economic benefrts W￿11 be requirtd in settiernent and the amount of the o￿lgatiOn can be
measur&J reliably. Expenditure is dassif￿d by acliwty. The o)sts of each a¢tivity ate made up of Ihe total ol direct cxists
and shaTrd costs. including suppcvt costs Invov8d in und8rtaking e￿h acbvty. Direct cost5 3ttribulatA8 to a single activity
are all(tated dI￿¢11Y lo Ihat *livity. Shareil costs whth ¢￿tribUte to nve than one actmty aThY support ctssts which are
rK)t attributable ￿ a sin9le aclvity a'e apportioned be￿een t￿)se a¢tivth"es on a bas￿ conststenl wilh the use of
resources. Central stsff costs we alhxated on the ba￿$ of time spent. depreckgtw charges allocated on the porbon
of the asset's use_
Expenditure on ch8rit8ble activthes is incurred ￿ directty undertakin9 the aclivilies which fijrther the ¢omp8ny's
obj8CtiV85, as w811 as any 8S￿)c1at8d supp(Kt costs.
Gr8nt5 P3yatrAe are charged in the year when the offer [r￿e except in those case5 where the offer is conditional, such
grsnts being recognised as eXpe1￿lture wher the C￿d￿OnS attsthng are tulfilled. Grant5 offered subject to ￿ndItionS
which hav8 1101 bagn rn81 at thè y8ar end arp r￿t8d asa comrTritrn8nl. but acerued as exp8ndiiur8.
All expentjiluie is inclusbve of ir1ecovera￿e VAT.
2.S Cash at bank a￿1 in hand
Cash al bank and in hand Incl￿eS short-temi hYJhty liquid invÈstmenls wrth a short Mat￿)ty of three months or
less frorr the d81e of acquisthon or orÉning of ffie derM)g1 or simiLqr attounL
18 Financial in$trum*nts
The company only has finarrial asset5 ènd finartAf liabilrfEs of a kJ"tvJ Inai Qualify as basic financial instrumenls. Basie
financi81 Instruments inibally fecognised at transacti(￿ value and substquently me85ured at tt)eir settlement value
with the exception of bank knans whKh are sub5equerfy measured at amrtsed co4 th8 8ffectDie intsrest tn8thod.
2.7 Fund accounting
General funds are un￿tr￿ted funds which we avaiLatle for use ai the dixrets.on ol the Trustees in lutherance ol the
neral objectives of the ts)mpany and have not been ¢esNJnated for (rther purposes.
Page 10

THE GA.Y FOUNDATION
IA ¢4mpany Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATE14ENTS
FOR THE YEAR EK)EO 3Q APRIL 2023
Income frorn donatws and legaues
Unr•strl¢t*d
funds
2023
Total
funds
2023
rotal
Donation5
217,205
217,205
54,927
Other expenditure
Unr•stri¢ted
fund$
2023
Total
fund$
2023
Total
funLIs
202
Legal fees
ACc￿ntancY charges
Bank f￿5
7.800
1.499
258
900
229
9.557
9,557
1.129
Trust••s' r•mun•ralltsn and •xp•ns•s
During Ihe yeer, no INstees ie¢eived any rai)Unerati￿7 or other bereffts in the ￿r$e of their duties. During the same period.
no p8ym8nts were to tFUSte8s ews88 ir￿urred on beh9Wof th8 foundation.
Analysls of exp8ndrture by actlvths
Grant funding
of actiwti85
Total
funds
2023
Tot81
fund5
202
2023
Donations
120.313
120,313
26,405
Page11

THE GA.Y FOUNDATION
IA ¢4mpany Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATE14ENTS
FOR THE YEAR EK)EO 3Q APRIL 2023
Financial instruments
2023
3022
Financial a55ets
Financial assets that are debt instrum8nts m8a5ured at a￿rf1￿1 cost
121.450
34,115
Financial asseis measured atfair value throLNJh inc(Th arKI expe￿lture 1xm￿seOf other debtors.
Statement of funds
Statement of funds. current year
Balance at 1
May 2022
Balancp at 30
Aprll 2023
kncom•
Exp•ndltur•
UnTestd¢¢ed funds
Unallocated amounts
34115
217,205
1129.8701
121,450
Stat•m•nt of funds. prlor y•ar
8818nc9
l Alay 2021
Ba18n¢e ot
30April 2022
Income ExPer￿ltU
Unrtstricted funds
Unallocated arTh)unts
6. T22
54.927
127.534)
34,115
Page 12

THE GA.Y FOUNDATION
IA ¢4mpany Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATE14ENTS
FOR THE YEAR EK)EO 3Q APRIL 2023
Analysis of net a55ets between fi￿￿5
Analysis of nel assets between fvnd$- Current year
Unrestri¢¢ed
funds
2023
Total
funds
2023
Current assets
121.450
121,450
Analysis of net a55ets between Iwid5- wioryear
un￿l￿rIed
lunds
3022
Totsl
funLIs
202
CUr￿nt assets
34. 175
34,775
Total
34. 115
J4,115
10.
Related party iransa¢tlons
During Ihe y8ar ended 30 April 2023 th8 G-￿y F￿￿latiOn r8CeiV￿ thjnabons of £24.412120Z2.£26,7131 from G-A-Y Group
Limrted. a company ¢￿trOlled by Mr J Joseph.
Limiteil by guardlltee
The G-A-Y FoUThjat￿ is a ¢))tDpany limiteil by guarnntee arxj tkns tK>I have share ¢ar¥tal.
Page 13

This document was delivered using electronic communicalions and authenticaled in accordance with ihe
registraT'S rules relaling to electronic forni. auihentication and manner of deli&'ery undeT section 1072 of
the Companies Act 2006.