We're still collecting donations
On the 17th July 2024 we'd raised £4,600 with 48 supporters in 27 days. But as every pound matters, we're continuing to collect donations from supporters.
+ est. £616.00
Save The Wood Store + help us continue our work protecting the environment, changing lives and relieving unemployment.
by Pete West in Brighton, Brighton and Hove, United Kingdom
On the 17th July 2024 we'd raised £4,600 with 48 supporters in 27 days. But as every pound matters, we're continuing to collect donations from supporters.
Background
Established in 1998, Brighton & Hove Wood Recycling Project (AKA “The Wood Store”) was the first scheme of its kind in the country; an organisation committed to finding a way to reuse waste timber ‐ seeing it for what it really is ‐ not a waste but a precious resource.
Vision and mission
Leading the way as a pinnacle of the local circular economy, we are now a charity and our aims are:
Our Impact 2022/2023
How we operate
Challenge
A reduction in wood supply from national commercial contracts has reduced our revenue and put our viability at risk. This is due to a national slowdown in commercial building projects in 2023 due to uncertain economic conditions and high interest rates. This has also negatively impacted our retail revenues.
The charity is relatively cash-poor and is still recovering from the negative impact of COVID on revenue. Most of our unrestricted funds are locked up in retail stock. The charity needs short-term funds to bolster cash flow over the coming months, as well as additional funds to enable it to diversify its business model and survive long-term.
The Board of Non-Exec Directors/Trustees of The Wood Store believe that a total of £100K is required to give the charity the 6-12 months it requires to diversify its revenue stream and make grant applications for new funding. It also needs to find new, long-term premises by mid-2025.
Actions taken by the Board so far:
Why is The Wood Store worth saving?
Our mid-term ambition is to diversify wood sourcing, increase revenue generation from consumer-focused commercial activities, and build better networks with other local sustainability/circular economy businesses, charities and community groups.
We aim to make The Wood Store - in its new premises - a hub for community engagement and action around reclaim, reuse, and recycle lifestyles.
Our ‘Save The Wood Store’ campaign aims to:
What are we seeking
This initial public crowdfunder is for £10k and will form part of our £50k-£100k stretch target across the 6 month timeframe. The additional £50k-90k will come from other fundraising initiatives and our hope of securing corporate sponsorships from local businesses, Bcorps and 1% for the planet members.
Please note: we have reduced our initial target on this page from £100k to £10k to comply with The Aviva Community Fund T&Cs as a maximum initial funding target of £50,000 is permitted.
This project offers rewards in return for your donation.