As we’ve up and running for a month now, we thought it’d be a good time to give you an update on how Preloved Sports is doing. Part of our mission statement is to be open, honest and transparent, showing people where the money goes and the projects we’re involved with. We honestly didn’t expect to be as busy as what we were but your support has been unbelievable.

Preloved Sports has started to work with some other charities that help individuals get into fitness to help with their mental health. Last weekend, we donated a box full of items (t-shirts, shorts and trainers) to Refugee Action York (RAY) who are currently supporting 80 individuals. We are on the lookout for other charities to work with so if you know of a local charity that may benefit from a sports clothing donation, please get in touch with us.

We are still taking donations, so please get in touch if you have any Preloved items that you no longer need. We have a drop off point in Malton, two in York and one in Market Weighton. All donations are sorted through and are either sold in our Preloved Shop or passed onto charities who are crying out for items so we can help many more in different ways whilst reducing waste.

Items are posted out in boxes which can be reused or recycled. If we use bubble wrap, paper packaging or plastic bags, these are reused and have not been ordered specifically for Preloved Sports. We encourage everyone who buys from us to reuse or recycle all packaging items.

ACCOUNTS: 31/03/2021 to 30/04/2021

In the last period, we received a total of 19 orders. 18 of those were placed by females and 1 was placed by a male. We also had 3 returning customers in the last period. Although it would appear that postage is our biggest expense, this is charged as an extra during the checkout stage but is entered this way for the purpose of the accounts.

Our second biggest expense is PayPal fees. When setting up Preloved Sports, we looked into many different payment gateways. At the moment, PayPal is the most cost effective payment gateway for what we need and although we will do whatever we can to resolve any issues, PayPal does offer an extra peace of mind for customers. Postage is purchased direct through PayPal as it offers an online discount and allows the customer to see when the postage is paid for and the items dispatched.


INCOME
Income through sales£264.75
Other income£0.00
TOTAL INCOME£264.75
Table showing our income for 31st March to 30th April inclusive

OUTGOINGS
PayPal Fees£13.38
Postage£37.04
Packaging Supplies£7.05
Refunds£6.50
TOTAL OUTGOINGS£63.97
Table showing our outgoings for 31st March to 30th April inclusive

Total Profit for Charity£200.78
Total profit for Talking About Loss

Finally, thank you so much for your amazing support. By donating your Preloved items to us or buying Preloved items, you are helping to reduce waste whilst helping others who either benefit from a clothing donation or by receiving help through the loss of a loved one. If you have any questions about Preloved Sports or our accounts, please do not hesitate to contact us.

Categories: Blog