Finances
Income
Apart from some donations made by HUll City Council relating to the 2007 Wilberforce celebrations, WEFT income
has been from three primary sources:
- donations from profits from One World Trading
- a percentage of the profits from the sale of Wilberforce Freedom Fairtrade Coffee (See Staintonward)
- donations from private individuals
WEFT has funds in Co-operative bank and Shared Interest
WEFT owns shares in Traidcraft plc and Cafe Direct
Expenditure
Poverty Relief:
WEFT funds small scale donations to Fair Trade projects
WEFT is also able to make small scale loans to promote Fair Trade in UK.
Education:
WEFT has some restricted funds under the heading "Education" and these will be used in line with a normal concept of education.
Other funds may be used for a broader definition of education including publications, this website, etc
Administration:
WEFT has the normal operational costs including depreciation of equipment, purchase of paper, ink, and postage stamps, etc.
Donations
WEFT is happy to accept donations from individuals and organisations supportive of Fair Trade.
Donations by cheque (Payable to "WEFT") may be made through the post to the registered address.
Donations by bankers standing order can be made, please contact us for a form.
Donations of small amounts of cash via The One World Shop are fine, we parcel these up and send them to Traidcraft Exchange
which is a Fair Trade Charity (like WEFT) but operating on a much larger scale.
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