for the Period Ended 31 March 2024
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
As at
Notes | 2024 | 8 months to 31 March 2023 | |
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£ |
£ |
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Current assets | |||
Debtors: | 3 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 4 |
(
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(
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Net current assets (liabilities): |
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( |
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Total assets less current liabilities: |
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( |
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Total net assets (liabilities): |
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( |
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Members' funds | |||
Profit and loss account: |
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( |
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Total members' funds: |
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( |
The notes form part of these financial statements
The directors have chosen not to file a copy of the company's profit and loss account.
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 March 2024
Basis of measurement and preparation
Turnover policy
Other accounting policies
for the Period Ended 31 March 2024
2024 | 8 months to 31 March 2023 | |
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Average number of employees during the period |
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for the Period Ended 31 March 2024
2024 | 8 months to 31 March 2023 | |
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£ | £ | |
Other debtors |
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Total |
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for the Period Ended 31 March 2024
2024 | 8 months to 31 March 2023 | |
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£ | £ | |
Trade creditors |
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Taxation and social security |
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Other creditors |
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Total |
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As part of Brink Foundation’s commitment to explore what fairer and more resilient futures could look like and reduce poverty and exclusion, we kicked off two key initiatives in 2023. In partnership with TRANSFORM (a partnership between Unilever, the UK’s Foreign, Commonwealth and Development Office, and EY), and together with local Kenyan research partners - Laterite, ProCol Africa, Busara, and Ideas Unplugged - Brink Foundation focused particularly on the women and youth working in this economy. We engaged directly with hundreds of stakeholders and local entrepreneurs, not just to conduct research but to build lasting connections and co-create solutions with the people driving driving Kenya’s informal economy. This work was rooted in co-creation, where informal entrepreneurs, community leaders, and policymakers came together to shape solutions based on their lived experiences. Our goal was to move away from the traditional top-down approach, focusing instead on inclusive processes where every voice mattered. Together, we co-created practical, ecosystem-developed recommendations on how to collectively build a better future for Kenya’s informal economy. These recommendations were shaped with the direct input of over 700 stakeholders, ensuring they reflect the real needs and visions of Kenya’s invisible workforce. Importantly, this is a concrete plan for a future where Kenya’s informal economy thrives. Brink Foundation has set up uBoraBora in 2023, with seed funding from Bill and Melinda Gates Foundation, joining the movement for more implementation research in foundational literacy and numeracy (FLN) programs in Sub-Saharan Africa. The team has designed the fund and launched their first call for proposals, aiming to surface opportunities that address three fundamental implementation challenges: greater efficiencies, adaptation, effectiveness & uptake.
On TRANSFORM, we were in continuous contact with our client partner who participated in co-creation, co-design and uptake of recommendations. We worked with a number of delivery partners on upfront strategy, data collection tools co-design, synthesis of insights and findings, chapter publications, research ethical approvals, strategic delivery, synthesis of insights and findings, training of citizen scientists (participatory research partners trained via ProCol Africa). We also worked with ecosystem actors (eg: public sector, academia, private sector, informal economy associations) who were our research partners and informal economy entrepreneurs (approx 700). Recommendations for uptake contributions were shaped through inputs from these actors and they were contributing authors to final chapters & insights gathering/synthesis. Similarly on uBoraBora, we worked with Laterite (our delivery partner) who Co-designed the implementation research fund thesis. We also worked with Global education ecosystem actors (eg. funders, researchers, academics, consultants) and Local Foundational Literacy and Numeracy (FLN) Implementers who contributed to the overall fund design with considerations made to grant size and call thematic.
Non-Exec Directors were paid £8,454
No transfer of assets other than for full consideration
This report was approved by the board of directors on
3 September 2024
And signed on behalf of the board by:
Name: A Freeman
Status: Director