THE G-A-Y FOUNDATION
To raise funds to further such charitable purposes for the publics benefit:- The Advancement of Health - The promotion of social inclusion for the public benefit by providing people from becoming socially excluded, relieving the needs of those people who are socially excluded and assisting them to integrate into society - The promotion of equality and diversity
Objects
TO FURTHER SUCH CHARITABLE PURPOSES FOR THE PUBLIC BENEFIT AS ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAWS OF ENGLAND AND WALES AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE, IN PARTICULAR BUT NOT EXCLUSIVELY:A) THE ADVANCEMENT OF HEALTH.B) THE PROMOTION OF SOCIAL INCLUSION FOR THE PUBLIC BENEFIT BY PREVENTING PEOPLE FROM BECOMING SOCIALLY EXCLUDED, RELIEVING THE NEEDS OF THOSE PEOPLE WHO ARE SOCIALLY EXCLUDED AND ASSISTING THEM TO INTEGRATE INTO SOCIETY.FOR THE PURPOSE OF THIS CLAUSE ‘SOCIALLY EXCLUDED’ MEANS BEING EXCLUDED FROM SOCIETY, OR PARTS OF SOCIETY, AS A RESULT OF ONE OF MORE OF THE FOLLOWING FACTORS: UNEMPLOYMENT; FINANCIAL HARDSHIP; YOUTH OR OLD AGE; ILL HEALTH (PHYSICAL OR MENTAL); SUBSTANCE ABUSE OR DEPENDENCY INCLUDING ALCOHOL AND DRUGS; DISCRIMINATION ON THE GROUNDS OF SEX, RACE, DISABILITY, ETHNIC ORIGIN, RELIGION, BELIEF, CREED, SEXUAL ORIENTATION OR GENDER RE-ASSIGNMENT; POOR EDUCATIONAL OR SKILLS ATTAINMENT; RELATIONSHIP AND FAMILY BREAKDOWN; POOR HOUSING (THAT IS HOUSING THAT DOES NOT MEET BASIC HABITABLE STANDARDS; CRIME (EITHER AS A VICTIM OF CRIME OR AS AN OFFENDER REHABILITATING INTO SOCIETY).C) THE PROMOTION OF EQUALITY AND DIVERSITY.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net movement in funds of (52,812) GBP, resulting in total unrestricted reserves of 42,608 GBP at the year end. The trustees confirm that the company has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis. The charity's total expenditure of 90,194 GBP exceeded its total income of 37,382 GBP for the period.
What the accounts disclose
“At 30 April 2025, £nil was owed by G-A-Y Group Limited to The G-A-Y Foundation. Jeremy Joseph is the director and controlling shareholder of G-A-Y Group Limited and is a Trustee of The G-A-Y Foundation.” — page 15
Policies the charity declares
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Trustee conflicts of interest policy and procedures
Trustees
- JEREMY LOUIS JOSEPHchair
- KIRSTY MCSHANNON
- Lee Kellow
- STUART MARK TURNER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £37k | £90k |
| 30/04/2024 | £105k | £131k |
| 30/04/2023 | £217k | £120k |
| 30/04/2022 | £55k | £28k |
| 30/04/2021 | £3k | £23k |
Common questions
Is THE G-A-Y FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net movement in funds of (52,812) GBP, resulting in total unrestricted reserves of 42,608 GBP at the year end. The trustees confirm that the company has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis. The charity's total expenditure of 90,194 GBP exceeded its total income of 37,382 GBP for the period. Its FY2025 accounts were independently examined.