A while ago I found a whole load of fabric samples that had been thrown out - they were in perfect condition and I brought them home to use in crafts. I'm slowly using them up! I previously made this (not entirely successful) camera case and currently am making some little bags. These can be used as pencil cases or to store other items (perhaps handkerchiefs?). The buttons are from my stash and are purely decorative, there are press-studs underneath them to fasten the bags.
I've got enough of the same type of fabric left to make another three of these then other fabrics for other (more complicated) projects. Three of the bags will be going as gifts to specific people, but I may offer the other two as giveaways here, so watch this space!