First you get an old (hopefully hand-me down) coffee table.
Then you can spray paint the legs if you need too, since we were putting it in Fritter's room with white furniture, I went with spray painting them white.
Then you need to drill 3 evenly placed holes on the top of the coffee table:
Then lay down 1 inch thick foam batting on top of the coffee table & trim with scissors to fit the table.
Then lay your fabric choice (about 1 1/2 yards) on top of the batting.
Then get your trusty stapler gun & begin tucking fabric under table & stapling into place.
Continue to staple all the way around until you have it completely covered!
Then get 3 matching buttons & thread & begin sewing buttons on in order to "tuft" your stool.
Then add a few stuffed animals, a lamp, & books and you have a great little reading nook! :-)
Here's a close up of the bench.
So go snag up an old coffee table & get to covering! :-)