The Leathersellers' Foundation
The policy of the trustees is to provide support to a broad range of registered charities or educational establishments.
Financial health, per its FY2024 accounts
The accounts state that total funds increased to £73.9 million, with unrestricted reserves rising to £849,000. The charity reported a net movement in funds of £6.3 million, driven by significant investment gains of £8.5 million, despite a net expenditure before gains of £2.2 million. The trustees confirm the Foundation has sufficient assets to fulfill its obligations and identified no material uncertainties regarding its going concern status.
What the accounts disclose
“Two employees earned between £60,000 and £70,000 in the year (2023: Two employees between £60,000 and £70,000) including taxable benefits but excluding employer's pension contributions and employer's national insurance contributions.”
“Two employees earned between £60,000 and £70,000 in the year (2023: Two employees between £60,000 and £70,000) including taxable benefits but excluding employer's pension contributions and employer's national insurance contributions.”
“Total income 1,669 193 - - 1,862 1,659” — page 20
“There is, therefore, no strategic need to hold significant reserves and the general funds are considered sufficient to cover the day to day needs of the Foundation for liquid funds.”
“Income for the year of £35,000 (2023: £34,000) was receivable for the University Exhibitions fund from The Robert Rogers Educational Foundation (for which the Leathersellers’ Company is the sole trustee) and £32,000 (2023: £29,000) from the Robert Rogers and Elizabeth Grasvenor Trust (for which the Leathersellers’ Company is the sole trustee).” — page 38
Year-over-year changes
- Reserves position vs the charity's own policy moved from "within" (FY2023) to "above" (FY2024).
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Matthew Edward Lawrence
- THE LEATHERSELLERS COMPANY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £7.8m | £4.4m |
| 31/07/2024 | £1.9m | £4.1m |
| 31/07/2023 | £1.7m | £3.8m |
| 31/07/2022 | £1.9m | £3.9m |
| 31/07/2021 | £1.7m | £3.7m |
Common questions
Is The Leathersellers' Foundation financially healthy?
Per its FY2024 accounts: The accounts state that total funds increased to £73.9 million, with unrestricted reserves rising to £849,000. The charity reported a net movement in funds of £6.3 million, driven by significant investment gains of £8.5 million, despite a net expenditure before gains of £2.2 million. The trustees confirm the Foundation has sufficient assets to fulfill its obligations and identified no material uncertainties regarding its going concern status. Its FY2024 accounts were audited by Buzzacott LLP.
What does the highest-paid employee of The Leathersellers' Foundation earn?
Per its FY2024 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 2 employees earned over £60,000.
Who funds The Leathersellers' Foundation?
Funders whose own accounts filings name The Leathersellers' Foundation as a grant recipient include JACK PETCHEY FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| JACK PETCHEY FOUNDATION | FY2024 | £24k | Partnership Grants |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ADDERSTONE FOUNDATION | 1 | £1.2m |
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £314k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £183k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| THE ALBERT GUBAY CHARITABLE FOUNDATION | 1 | £12k |
| BOOST CHARITABLE TRUST | 1 | £7k |
| DUCHY OF LANCASTER BENEVOLENT FUND | 1 | £5k |
| THE EDWARD AND DOROTHY CADBURY TRUST | 1 | £1k |
Charities like this
- THE PURI FOUNDATION
- YAD VEACHISOMOCH L'CHAIM
- CORDWAINERS CHARITABLE TRUST
- The Trevor Hemmings Foundation
- BEIS HAMEDRASH SHAAREI TEFILLAH
- PERSONAL BEST FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| The Leathersellers' Foundation | £7.8m | £60,001 - £70,000 | 2 | above | — | no doubt |
| THE PURI FOUNDATION | £5.3m | — | 0 | above | — | no doubt |
| YAD VEACHISOMOCH L'CHAIM | £834k | — | 0 | unclear | — | no doubt |
| CORDWAINERS CHARITABLE TRUST | £193k | — | 0 | unclear | — | no doubt |
| The Trevor Hemmings Foundation | £490k | — | 0 | above | — | no doubt |
| BEIS HAMEDRASH SHAAREI TEFILLAH | £133k | — | 0 | above | — | no doubt |