Full House Furniture Recycling Service – Hereford’s first charity aimed at providing low cost furniture and household goods for those on low incomes by recycling unwanted items – is to close as of 31 July 2016. Collections will continue to be made until 30 June 2016 and there will be a major closing down sale over the next few weeks.
Speaking of the decision to close, Chair of the Board, Nancy Ellis, said:
‘It is with great sadness the Board of Trustees have come to this decision. But while we are currently solvent, a number of significant factors have led us to the conclusion that our long-term financial prospects are poor:
- In the last year of trading, we made a significant financial loss, despite every effort being made to manage costs tightly.
- The recent introduction of the new National Living Wage has had a significant impact and forthcoming increases up to 2020 mean intensified cost pressures on us.
- Auto-enrolment under new Pensions legislation will also potentially add to our core costs.
- There is also upward pressure on our rent, because of the recovery of the commercial property market locally.
- Developing a viable future strategy would likely involve significant investment in management staff.
While we are extremely grateful for the support of a number of funders, such as the Eveson Trust and the EF Bulmer Foundation in the past, we do not believe it is right to seek charitable funding to subsidise day to day running costs, when other charities locally can offer a broadly similar service, albeit without providing employment opportunities for vulnerable people.
We have however been heartened by the support of a number of key partners and are discussing ways in which services and staff can be transferred with minimum disruption.
We would also encourage all our loyal customers to continue to visit Full House for the next couple of months, as we will have some fantastic bargains to offer’.