RESONANCE GROWING ENTERPRISES 2024 SOCIAL IMPACT REPORT
Somerset Wood Recycling
Creating employment opportunities while giving waste wood a new life.
Organisation: Somerset Wood Recycling
Location: Somerset
Partnership Date: February 2019 & June 2021
Investment Amount: £109,000 (2019) and £40,000 (2021)
Resonance Fund: South West SITR Fund
About Somerset Wood Recycling
Somerset Wood Recycling (SWR) is a Community Interest Company that combines environmental sustainability with employment and skills development. The organisation collects and reuses waste wood, transforming it into furniture and other products while providing work-based training and volunteering opportunities for people facing barriers to employment, including those experiencing mental health challenges, long-term unemployment or issues related to drug and alcohol use. Through practical experience, participants can develop new skills, build confidence and improve their prospects of moving into employment.
Our Investment
Resonance made two investments through the South West SITR Fund. The first supported improvements to SWR's workshop, machinery and power supply, alongside development of its website, retail offer and stock. The second supported the creation of a dedicated retail showroom and the purchase of a new work vehicle, helping the organisation grow its trading activities and continue its wood collection service.
Our Impact
The investments have helped Somerset Wood Recycling strengthen its trading operations and increase its capacity to create social and environmental impact. Improved workshop and retail facilities have supported the organisation to generate income from reclaimed timber and handmade products, while maintaining opportunities for people facing barriers to employment to gain practical experience, skills and confidence. At the same time, its collection and reuse of waste wood keeps valuable materials in use for longer, supporting a more circular and sustainable local economy.
Tristan Tudor, Somerset Wood Recycling: “Working with Resonance we recently secured investment of over £40,000 – to enable us to convert space in our building into a show room for our products and furniture. This is going to massively help us in our aim to make Somerset Wood Recycling a destination for timber and timber products in the South West.”
Resonance Limited is a company registered in England and Wales no. 04418625
Resonance Impact Investment Limited, a subsidiary of Resonance Limited, is authorized and regulated by the Financial Conduct Authority (FCA). Firm number 588462.
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