When I collect wood to use, I first scratch it with my nail to make sure it's hardwood, if I can scratch it, I put it back.
I put it in a tub of normal water and give it a scrub to get off dirt and loose bits of derbrius.
Let it dry in the sun for a day. Then fill a tub with 1 part hydrogen peroxide and 3 parts water and let the wood soak for a few days in the tub in the sun.
Hydrogen peroxide is fairly cheap where I live and it breaks down in water after a day or so, especially in the light, so the wood has no residue that could harm creatures when I add it.
Edit:
I should note above is talking about 3% hydrogen peroxide (HP), which is what you typically buy at a chemist or supermarket. You can also get Food grad HP which is 35%, or industrial HP which is 50%. I'll explain how to use the higher strengths for people who aren't use to mixing things.
Wear gloves and glasses when handling anything over 3% HP and wash your skin off immediatly with water if any comes in contact with you.
Say we're making up 1L disinfecting solution, 1000ml would contain 250ml 3% HP and 750ml water.
3% HP is 97% water, so our 250ml above becomes 242.5ml of water, so in total for the 1L mixture, it ends up being 992.5ml water and 7.5ml pure HP.
For 35% HP you'd put in about 20ml of food grade HP, and 980ml of water, which will give you (20ml * 35%) 7ml pure HP.
For 50% HP you'd put 14ml, with 986ml water.