Investing £5 to aid charity

Pupils at Coquet Park First School, Whitley Bay, take part in the 'Fiver Challenge'.

Pupils at Coquet Park First School, Whitley Bay, take part in the 'Fiver Challenge'.

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Young entrepreneurs have been raising money for charity thanks to business ideas.

Year 4 pupils at Coquet Park First School in Whitley Bay took part in the national ‘Fiver Challenge’.

They were given £5 to invest in a business idea to make a profit throughout June.

And they came up with a range of ideas including car wash, sunflower growing, homemade cards, decorating glasses and frames, jewellery, loom bands, T-shirt designs, and ood stalls.

At the end of the challenge, the children raised £592.80 – which they split between Barnardos, Multiple Sclerosis, WWF, Cancer Research UK, RSPCA, Cat and Dog Shelter, and Parkinsons UK.

Year 4 teacher Jackie Foster said: “I’m extremely proud of their hard work and effort throughout the challenge and even prouder of the unanimous decision to donate their profits to charity.”