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Good Night Lamp Kickstarter Budget

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http://www.kickstarter.com/projects/designswarm/good-night-lamp

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Kickstarter campaignFixed costs (inc VAT)Fulfillment

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PostcardsNumber of months to fulfill6

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Number of pledges200Postcard

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Amount raised£3,000.00Electronics design £ 50,000.00

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Payment processing fee£150.00Wood / plastic production setup £ 12,000.00Number of pledges200

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Extra payment fee/pledge£10.00Staff (4 people, not including Founder who isn't taking a salary)£ 33,880.00Cost of materials + packaging + shipping £ 400.00

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Total Fees£160.00Certification (Europe & US)£ 25,000.00Time to fulfill (h)0.1

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Total Raised£2,840.00Rent of a room where we can assemble and fulfill£ 6,000.00Minimum living wage / h£8.55

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T-shirts & SetsTotal£ 126,880.00Total cost of fulfilling reward£ 571.00

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Number of pledges4100

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Amount raised£357,000.00

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Payment processing fee£10,710.00T-shirt

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Extra payment fee/pledge£820.00Number of pledges350

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Total Fees£11,530.00Cost of materials + packaging + shipping £ 2,450.00

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Total Raised£345,470.00Time to fulfill (h)0.1

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Minimum living wage / h£8.55

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Total Raised£348,310.00

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Total cost of fulfilling reward£ 2,450.86

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Kickstarter fee5%£17,415.50

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VAT on fees20%£5,821.10

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GNL Set

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Actual Total Raised before fulfilment£325,073.40Number of pledges3500

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Cost of materials + packaging + shipping £ 163,000.00

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Total raised on Kickstarter page£360,000.00Time to fulfill (h)1

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Percentage actually raised after fees & VAT90.30%Minimum living wage / h£ 8.55

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Total cost of fulfilling reward£ 177,960.00

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Total costs of fulfilling all rewards£197,219.36Bespoke GNL Set

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Fixed costs£126,880.00Number of pledges250

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Total costs with successful campaign£ 324,099.36Cost of materials + packaging + shipping £ 14,100.00

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Time to fulfill (h)2

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Total raised after fees & VAT£325,073.40Minimum living wage / h£ 8.55

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Profits from the campaign£974.04This will act as contingency.

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Total cost of fulfilling reward£ 16,237.50