LEATHER AND HIDE TRADES' BENEVOLENT INSTITUTION
LHTBI provides financial assistance to persons who are or have been, employed in the leather industry and who are aged or incapacitated from earning a livelihood. Bereaved spouses are also eligible to apply. Typically applicants should have spent a minimum of ten years service in the leather industry.
Financial health, per its FY2025 accounts
The accounts state that the charity reported an operating deficit of £49,971 for the year, funded by the sale of investment units. Despite this deficit, total reserves increased to £733,903, which the trustees consider sufficient for at least three months of grant distribution and expenses, indicating a strong financial position.
What the accounts disclose
“The amount kept in General Reserve is usually considered sufficient for at least three months distribution of grants and payment of expenses.” — page 6
“The generous help of the Leathersellers’ Company in hosting our meetings and supporting our AGM and Annual Lunch is also a big factor in the smooth running of the Charity.” — page 2
Trustees
- MR J W TUSTINGchair
- Alice Robinson
- Dr MARK WILKINSON
- Hazel Morley
- JAMES BOSTON
- JONATHAN FREESTON
- MARTIN PEBODY
- PETER CRACK
- Richard Brown
- Richard Jackson
- SIMON YARWOOD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £34k | £84k |
| 31/12/2024 | £47k | £86k |
| 31/12/2023 | £41k | £81k |
| 31/12/2022 | £47k | £86k |
| 31/12/2021 | £38k | £88k |
Common questions
Is LEATHER AND HIDE TRADES' BENEVOLENT INSTITUTION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported an operating deficit of £49,971 for the year, funded by the sale of investment units. Despite this deficit, total reserves increased to £733,903, which the trustees consider sufficient for at least three months of grant distribution and expenses, indicating a strong financial position. Its FY2025 accounts were independently examined.