COMPANY REGISTRATION NUMBER: 005027Q5
CHARITY REGISTRATION NUMBER: 262247
The Socie
of Leather Technolo
Limited
ists and Chemists
COMPANY LIMITED BY GUARANTEE
Unaudited Financial Statements
31 December 2024
DAVID KELLAND FCA
Chartered Accountsnts
adows & Co Limiled
Headlarvjs House
1 KirMJs Cowt
KetterirvJ
NN15 6WJ

The Socle
of Leather Technolo
ists and Chemists Limited
COMPANY LIMITED BY GUARANTEE
Financial Statomwts
Year ended 31 December 2024
c￿r￿lI of management anwal repNt
Independent examinerfs re[￿ to the MeMb￿S
Stslemenl of financlal activilies (in¢bJding irwme aThl expenditure aLxount)
Stslemenl of financial position
Notes to the finar￿la1 slaternents

Pag8 1
The Socie
of Leather Technolo
ists and Chemists Limited
COlJlPANY UMITED BY GUARANTEE
Coundl of
emont Annual R
Y•ar •nd•d 31 D•c•mber 2024
The members. vtho we also the dirtttors for U)e purposes of company law, rffesent ￿1r report and
the unaudited financia statements of the charity for the year ended 31 December 2024.
R0f•ron¢o and admlnlstratlve d*lls
Reglstered charlty n
The Soc*ty ofLeathw Te¢hrKAogBl$ a￿1 Chemists Limited
Charity reglstratlon n￿nber
262247
Company reglstratlon numbw 1x1502705
Prlnclpal offic• and r•glsi•r•d Orr￿ 39
Eastem Way
Oaventry
Northamptonshire
NN11 OQB
Tho m¢mbor8
Mr D Miller
Mr S R Tranlum
Prof W R WLse
Mr L INin
Mr J J Osgood
Dr C M Ans¢ombe
Mr J Avery
Mrs D A Taykn
Mr M Duming
Mr T Marcus
(Appointed 27 April 2024)
{A¥pointed 27 Apvil 2024>
Elo¢1od or Ex Offl¢lo
8 Jonsson
(President, ScArth African Se¢tMM)
N Phipps
(Hon. Secret*y, South Afr￿an Sect*)n)
M.K. Leafe
Editor
Offic•rs Invltod to att•nd Councll Meotlngs IKrt wiihrArt vollng rfghts
rs M KapU8￿k
(General Seuetary)
Company secrotary
Miss M Kapx
Indopondent examlner
Mr David Kelland
MeadowE & Co Limlted
Heajlands Fhxtse
1 lQngs C(
KetterirKJ Pthay
NN15 6WJ

Page 2
The Socie
of Leather Technolo
ists and Chemists Limited
COMPANY LIMttED BY GUARANTEE
Councll of Man
ement Annu
{contlnu•d)
Year 8ndad 31 Dacern
gr 2024
Stru¢turOJ govornanco and management
The charity is cortstituled as a company limited by gwantee. arml Is therefore governed by a
memorandum and articles of asSO￿ation.
ObJectlves and actlvltles
The thariV5 objeGtive arKI ils prirKipal &tivity Mntwiues to be that of assi5tiDg and encouraging the
applicatM)n of science and tKhnology lo the marKrfacture aThJ utilisal¥)n of leather and related
products and by the publication ofiwm￿s arKI the h)kling of meetmgs, to further the development of
3GientifiG kno￿edge in the leather industy.
Polld•s adothl to ach10￿ Ihe socl•tys obiethv
1. To set subscription rates for rn￿bers and subscribers al a 18vel consisient wlh the ability lo fulfil
the obj'eclives of the &￿iety and io attract members from induslry. txganisations and litTrries.
2. To publish the Journal of ihe Society of Leather TeCh￿￿gISt$ and Chemists. a recognised
inlemalional journal which has been published monlhty or bi-monthly slnL* 1917. To 0ri9inate other
publications of a scientrfic or lechTr)kKJ￿al nature vknere approprtale to fijrther the oblectrves of the
Society.
3. To devise 8natyt￿aI methods for publication as Offic￿1 Methods of the So¢iety and to colLqborate
bmth the other (wjanksations in th8 formulation of Int￿national Methods for the Anaysts of Leather and
related prrthcts.
4. To meetings, ff FX)SSit48. on an amual basis. aThJ to er*￿age and support reglonal meetings
held by Ic¢a groups overseas sectK)rts.
Strateglc r•port
The fdlowiNJ $e¢tions ts achievements and [￿¢￿m*￿e ar#J fi￿nCIal review fom) the strateg
reptyt of the ¢harfty.
A¢hlevements and p¢rfonnan
The deficit the year was £351 {2023: £5.$41 svrplus). 18aving total funds to be wigj forvrdrd of
£85,25012023'. £85.5811.
Tl* Council of Management does nol cO￿Kjer that thwe have been any imptst evenls affecting
the Society belween the date of the balarth sheet aThJ ￿ date that thi5 report was sigr￿d.

Page 3
The Socie
of Leather Technol Ists and Chemists Limited
COMPANY UPAIIED BY GUARANTEE
Coundl of Mana
ment Annual R¢
Year ended 31 DKemb•r 2024
Flnan¢lal r¢vl•w
Following several Iwbulent years. 2024 has been a rdativety slable f(Y th8 UK leaiher irKlusty.
However, we continu8 lo feel the lingering eff&ts of eadiw disruptions and challenges. The 2023
announcements regarding the dOSu￿ d both the Institute for thafve Leather Techndogies IICLT)
and Pittards marked a signrftcant and soLwing moment in the w)dusty's recent fMsl(ry. These
institutions were not only deepty embedded in our ¢ommunty but also l￿d Intwn*ional acdaim and
heritsge. Thelr loss. occurrirvJ within months of each other. was a profound ￿mInder of the fragilty of
our sector. 11 was a low point that resonated across the membership of Ihe SLTC, contrlbjllng lo one
of the sharpesl de￿￿￿ in membership wmbers ￿ have eXp￿￿ed in recent memory.
While 2024 has br(NJght a more hcpeful (￿l00k. the u￿JeT￿lng chaI￿nge5 Wlthin Ihe UK leather
sector remain. As a SLKlety. we undwstand that reversing the trend of membershi) dedine requires
more than hope - 11 demands meanngful change. To remain relevant and to attract new members
while eontinuing to serve our existing commur4ty. we must evdve into a more dynami¢ and
forward-thinking c*ganisation. We cannot afford to staThJ stil.
In response, 2024 ha$ markwj the Winning of a rw4 chapter for the SLTC. W8 have tsken d6risrve
steps lo modernise our operations aThJ in￿ease wr inlemalional appeal. ￿lIe thwe is still much to
do, these efforts represent a frm fourttJal¥)n upon which build. I remain optimistlo about the
Socievs future.
l am especialy pT¢xJd of Ihe SLTC Cound for embrac4ng boih Ihe urgency aTrJ the scale of the
changes needed. The adjustsnenis we have made this y&qr go beyond incremental improvemenl - in
many ways, they have been transformational. TV￿ initiatives. in particular. stand out.. the transition to a
digital￿nty joumal and the retum of annual conference to a rovirKJ4ocalion format. Both moves
challenge the expectslions of a Iraditthal membetship. bul bolh are vitsl to our coninued relevance.
The transition to a fvly digital of the S¢wty of Leather Technologlsts and
Chemists has, overall. been su¢os$fvl. Feedback from members has been I￿ety positive, the
shift brings measurable fmarKial benefits, induding opporIunr￿ for Ir￿ye8sed avert¢sing revenue.
Nalurally. there remain areas for refinement, iKrt these are well within our grasp. Looking knad, I
firmly believe that the Journal's next shty￿ irKlude DOI wistration. further enhancing its
acajemic standing and accessiblty. This is an a￿8 I V•ill ￿rna￿l commltted to suprM)rting, even after
my tsrm as President erKIs.
Our 2024 Annual Corrference and Dwiner Darte were met with enthu5ia5ti¢ reception and increased
attend￿Ce. reaffirming the vaue of these in-person galheriry. The decision lo ho¥1 the 2025 event
Glasgow was not without its risks. bul eaTty indicatcffs are encouTaging', registration numbers are
above that of 2024. and we are facing the v￿cOrne challenge of potenlk4ly rea¢hing ¢apacity for the
Dinner D￿Ce. We are hopeful that this enthusiasm wil translate into a vibrant and memorable event
which wll encourage new membership. Addit#)naly. we are exciled to launch gur newly redesigned
webglle al thls yeafs conference. This platfomi wll offer greater flexibilty. wnproved control. aThJ a
more Cont￿P(￿ary image for the S(￿lety. As 7Mth any new system, a peri¢)d of adjuslmenl is
ex￿ted. but we are ¢orfident in our abilty to manag8 aThJ r8fne the si18 as needeil.
While progress 1$ thays a collective effcwt. I want to L*e a moment lo exlend speclal thanks lo
several indivbjuals whose contrit￿110ns have been extra(rdinary. DotM)rah Taykn (Wice Presldentl.
Monika Kapusclk {Se¢rel8ry}. and David Millw ITre8surer) have worked lirelessly tr￿hirMI the scenes,
and their dedication has been Instrument￿ in enabling the So(*1 to move foNRrd. S am deeply
grateful to each of them. As I prepare io step down from the role of President * thls Aprifs
nference, I do $0 with a deep sense of FYKle aThJ ￿atitU￿. It has truty been an h(￿Our lo serve this

Page 4
The Socie
of Laather Technolo
ists and Chemists Limited
COMPANY UMITED BY GUARANTEE
Councll of Mana
ment Annual R
Year ended 31 Oecember 2024
Sodety. and 11 is a role I will Cherish for the rest of my life. Wrth Ihe foundations now in th, l am
Confident thal under the Capable leaderslNp of Deborah Ta￿r. our IncThning President. the Society of
Leather Techr￿0gi$ts and Chemists wll ¢ontirKE to tyQ4V. evofve. aNI thrive.
The couwl of management anrnjal rew)rt and the Strateg￿ rep￿rt were approved on
and signed on b8hall of the ￿)3rd of trustses by:
Prof W Wise
PresKlent
Mr D Mller

Page S
The Socie
of Leather Technolo
ists and Chemists Limited
COMPANY LIMITED BY GUARANTEE
Inde
endent Examlnefs Re
ort to tho Mem￿r$ of Th• Soci
hemists Limit
of Leather Technolo
ists and
r ended 31 De¢gmb•r 2024
I rep￿1 to the members on my examinat*)n of the firrdrKial statements of The Soc* of Leather
Tethnologists Chemists Limlted (Ihe chty'l for the year ended 31 Cleomber 2024.
Rosponslbllitlgs and basls of roptyI
The trustees are also the dredors of ¢cKnP￿ for ihe purposes (rf company law are reswjnsible
for the preparation of the financial statements. The lJustees Consider that an audit is not required for
Ihls year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent
examlnation is needed.
Ind•P￿dent Qxamlnees slatement
In ¢onne¢tion ¥￿1h my examinati(m. ￿ matter has come to my att￿lIon.
{1) whlth glves me re8sonabl8 cause to bel￿8 that in material ￿Spect Ihe requirements:
to k&p acc¢yJntMig records in accLYd￿ *ith SeC￿n 386 of the Comp￿leS Act 2006, and
the aco)unts do not acuKd wilh those re(x)rds, and
to prepare wJnt$ w￿ch with the re￿rds. Gomply wlth the accountir
reqU1￿ments of se¢tlon 396 of the Companies Act 2006 and with the methods and prlnuples of the
Stslemenl of Recommended Pract￿e. A(￿U￿ti￿j arnl ReFKYtiThJ by Chwities
have not been meL
{2) to whth, ￿ my oplnion. attention should be drawn in order to eroble a Fwper Und￿tandIng of the
accounts to be ￿8¢hed."
Mr David Kelland
Independent Exami
Meadows & Co Limited
Headlands House
1 Kings cO￿t
Kettering Parkway
Kettering
NN15 6WJ

Page 6
The Socie
of Leather Technolo
Ists and Chemists Limited
COMPANY UMITED BY GUARANTEE
Statomon¢ of Finan¢lal A¢tlvltl
ncludln
In￿Me and ox
nditur• a¢count
Year ended 31 December 2024
2023
UnrestrKted Restricled
fut)ts
funds Tolal funds Total funds
Income and endowments
Donations and legactes
Other trading activities
Inveslmenl income
12.538
22.793
952
12.538
22,793
1,127
17.945
17.661
547
175
Total Incom•
36.283
175
36,153
Expondlture
Expenditure on raising furwjs:
Costs of raising dOnat￿S arml
legacies
Expenditure on thwitable activil
Tot￿ exp•ndhur•
22.435
14.374
36,809
18.521
12.091
9,10
14.374
30.612
Nel {expgndituro)lincom• arml net
movemenl In funds
1526}
175
(351)
S,541
ReconcIlla￿On of funds
Total funds brought forYdrd
Total fvnds carrled foTrvard
74.878
10.703
85.581
85.230
80.040
85.581
74.3S2
10.878
The statement of finan￿al 8th1t￿ indu¢Jes all gains WKI105se5 recognised in the year.
Al in¢(xme and expenditure derive from continuing athit*s.
The notes on pagos 8 to 14 forn) part ol thow financlal stat•monts.

Pag• 7
The Socie
of Leather Technolo
ists and Chemlsts Limited
COMPANY LIMfrED BY GUARANTEE
Statement of Flnanclal Posltlon
31 December 2024
2024
2023
Fixed assets
Tan91t￿e r￿ed assets
16
106
156
Current assets
Stocks
Cash at bank ￿ in harm
17
493
88,611
89.104
87.6
88.074
cr￿l¢or$. amounts falllng due
wlthln y
N•t curr•nt a8s•ts
18
3.679
85,124
85,425
85,581
85.581
Totsl aswts less cuff•nt Ilabllltl•s
85.2
Net a¥s•ts
85.2X)
Funds of tho charlty
Re51riGted fvnds
UnreslriGted fvnds
10.878
74.352
10.703
74.878
Totsl charlty funds
19
85.230
85.581
For the year ending 31 De¢ember 2024 Ihe tharity was enhtled to exemption from audil under secti￿)
477 of the Companies Act 20C6 relaliro to smdl LY1M￿￿eS.
Drectors, respon5itrAlittes".
The ￿￿nbel5 have not requred tl* company lo ¢)IAain an wdit of ils finw¢ial statements for th8
year in westion in accordance with sectwJ1476",
The directors acknowledge thew restmmibllt￿ for comth.ng wrth the requirements of the Act
vthh resF*Ct to aC￿U￿tIng re(axds and of financial sts1em￿ts.
These financi81 statements have been prepwed in ￿arKe wth tl* provi$*)ns appl￿e to
mpanies subject to the small companies, regine.
These financial statements were apwoved ty the tx)ard of IDJstees authorised for Issue on
arKI are sign&J on behaff of the bo&d by:
Prof W Wise
President
Mr D Miller
Treasurer
Th• not8s on pag•s 8 to 14 forni part d th•8• financlal statement

Page 8
The Socie
of Leather Technolo
ists and Chamists Limited
COMPANY LIMrrED BY GUARANTEE
Notes to the Flnanclal Statements
Yearen
31 December 2024
G•noral Infommtlon
The charity is a Wb1￿ benefit entity arKI a prNate Gompany limrted by guarantee. registered in
England and Wales and a regstered Ghwity in Eng4and and Wales. The address of Ihe
slered office is 39, icon Inrrf)vall(￿ Centre. Eastwn Way, D8venty. Northamplonshire,
NN11 OQB.
Stat¢ment of comptlance
These financial statements have been prep￿ed in 8(xordar￿e with Accounting and Repcrting by
Charilies." Ststement of RecommeThJed Pract￿ 4plicat4e lo charities preparing their acc￿rtts
in aGcordanGe wilh the Financi81 Re￿rtIng SiaThJard applicable in tho UK Republic of Ireland
issued wi Odober 2019. The Finartial Reporting SLqndard aFVIicab￿ in United Kingdom and
ReFMJblic of IrelarMI (FRS102). the Companies 20C￿ and UK G8nwalty Attepted A¢counling
Pradice.
Accountlng pollcl•s
Public b&ndll
The Trustees of The Society of Leather Te¢hnok*3ists and Chemists Limited urnlerstand the
need to have to the Chwity Commi8sion's guidance on Wb1￿ b8nefrt.
Basls of propara¢lon
The fin￿¢131 ststements have been wepared on ihe historical cost basis, as modified by the
rev¥JuolhJn of wtain financial assets and liabilities 8￿j investment Fry8rtie5 MeaSu￿d at falr
value thrO￿h income or expermlittwe.
The firraT￿la1 ststements we prepared in sterling. Is the fur￿110nal cJJrrerw of the entity.
Golng ￿nc￿n
¥e no fflat￿al uncertaintEs ab￿t (*wit￿$ abilty to
Judgom•nts and k•y ￿1r¢¢$ of ostlm*lon un¢wtsinty
The plep￿tiOn of the financial 3tstunents requKes management to make judgements,
estimates and assumptions that affect the amounts reFKKted. These estimates and judgements
are continually reviewed arKI are based on eXpw1e￿e and other factors. including expectations
of future events thal are bel￿ to be rea%)nth urKlw tt* (aroJMstar￿5.
Fund xcountlng
UnreStr￿ted funds are avalat￿e for use at the disuetM)n of the trustees lo further any of the
charity's purF*)ses.
Designated funds are Ul￿eStricted funds e¥marked by the members for pwticular future project
(K c4)mmftment.
Restricted funds are subjected to restrictKXB on ther expeTrJiture declared by the donor (
through the temis of an appeal. and lall into (me of sub-dasses.. restricted Income funds or
er￿0V￿ent funds.

Page 9
Tha Socle
of Leather Technol Ists and Chemists Limited
COMPANY UMITED BY GUARANTEE
Notè5 to th• Financial SL￿•m•nts {conllnued)
Yw •ndod 31 Do¢omber 2024
Accountlng pollcles (condnued)
In¢omlng r•sour¢e8
Al incomlr*J resources are induded in the statement of financ4al actNities wlw entitlement has
passed to the ¢hwity.' it is prob8ble that the ec#)rN)mic benefrts associated with the transactlon
will flow to the charity and the amount ￿ be reliably Mea$￿ed. The following specrfic wlicigs
a￿ applied to particular c4tegm ol I￿￿)e.
income from donat￿ or ￿ants ts reiwise(I vthen t1￿ 1$ evidence of enliuement to th8
s￿. receipt is FYobatAe WKI its amount can b8 measured reliabty.
legacy ncome Is recognlsed tAten re¢elpt b wobable and entiljemenl is est*lished.
Ir￿ame from donated g)ods at ￿ fw value of the goods unless this is
impractical to measure reliably, in wh￿h case ￿ value is tsived from Ihe cost lo Ihe donor
or the estimated resae valu8. Donated fxilitses and se￿i￿S are rect)gnised in the
accwnts when reC￿ve￿ rf the value can be reliabty measured. No amounts are included for
the contribution of general v0￿￿te￿3.
income from contracts for the supply of swvices is recognised vthh the ddivery of the
conlr2Cted servlce. This is dassif￿￿ as unrestricted funds unless tWe 1$ a contractual
requirement for It to be spent on a part1￿J1ar purpose and returned rf unspent, in which case
it may be regarded as restricaed.
Ro$our￿ oxpond
Expenditure is recognis&J on an ￿u81S basts as a liability is In￿l￿r￿. Expenditure Includes any
VAT which canrnt be fully ￿CoVered. Is dassified urmler headings of the statement of
financial activities to wTri¢h it relates:
expen(Jiture on raising funds I￿ude$ tre costs of all fundraising ￿tivItIeS. evenls.
non-charitable trading activities. the $* of d￿ated go¢￿￿$.
expenditure on thwtsble actNilies indudes all costs inixllred by a ¢￿ty kn undertakirNJ
Itt￿ Ihat furthw ils tharitable aims frK the benefit of lis beneficiaries. Indudlng those
support costs ar#J ¢osts rdaliry lo the gyrfemal￿e of the charity apwtioned to charltable
a¢tNlties.
olher expenditure inthde5 all expendriure that Is neither relaled to raising funds for tl
charity nor part of rt5 experKliiure on charIta￿e x1ivit￿s.
All costs are allocatwj to expe￿I￿re ￿te9)rieS refiectlng the use of the resource. Drect costs
attributable to a single aclivity are all¢)¢ated directly lo that adivty. Shared costs are apportioned
beiween th8 activilies kn ¢￿tri￿te to on a reasonable. juslif¢ble and consistent basis.
Tanglble a88ets
Tangible a55els inltially reconled at C05L w¥J sub¥eqwitly staled at cost less any
accumulated depreciation and impayrnent 105ses. Any tangible assets carried at revalued
amounts are recor(led at the faw vaue al the date of revaluation less any subsequent
accumulated deweciation arKI subsequent xcumulated wnpalm￿l losses.

Pago 10
The Socie
of Leather Technolo
Ists and Chemists Limitod
COMPANY UMITED BY GUARANTEE
Notes to
he Financial Statements (conllnued)
r •nded 31 DKembw 2024
Accountlng pollcles {condnuedJ
Deprecl*k•n
Depwi*ion is c*ulated $0 as to tAwlte off the cost or valuation of an asset. less Its residual
vaue. over the useful e￿rK)Mi¢ lrfe of that asset as fdknvs:
Plant and machinery
20% strai￿1 line
Impalnnont of r￿ed assots
A review for indicators of impaint is caried out at each WK)rtirvJ date. with the recoverabl8
amount being estirnaled W￿re such indKators exisl. Where the carrying value exceeds the
recoverable amount, the asset is impared accordingly. PrN)r impaimients are also reviewed
possible reversal at &3ch reFothg date.
For ts purposes of impamient tesluig. when not possible to estlmate the recoverable
amount of an ￿diVIdUal asset. ￿ estimate Ls made of the recoverable amount of the
cash-g8neratiro unf( to wthich the asset bel￿. The cash%enerallng unll i8 the smallest
Idenbfiable group of assets that indudes the asset arKI generates cash Inflows that largely
Independent of the cash inllows from other assets or wps of assets.
For impaiment testing of the goodwlll wiired in a business comblnatlon is. from the
acquisition dale. alIC￿ated lo each of the cash-genw*ing units that are expected to benefit from
the syner9ies of the combinat￿. irrespective of ￿thether assets ￿ liabilities of the charity
are aS￿9n&j to thjse urmts.
stock8
stocks are measured al the of ¢xsl armj e51imaled ¥dling pr￿9 less costs lo complete and
sell. Cost indudes all costs of wrchase. o)sts of ¢onverswJn and ¢)th8r c05ts irturred in bringirwJ
the stock to ils present location and t(￿dItion.
Lkn11￿ by guarant••
The Soclety of Leather Technoh)gists Clwnists knmited is a company limited by ¥wrantee
and thus has Tr) share capita.
Donatlons and l•gacioS
UrwestrKted Total Funds ithrestricted Total Funds
Funds
2024
FurKIs
2023
Sponsorshlp
Members arKI assooiai8S
10.352
10.352
13,808
13,808
Sub$crfptlons
SubscriptK)ns al￿ appIThi￿ fees
1186
2,186
4.137
4.137
11538
12.538
17.945
17.945

Page 11
The Socie
of Leather Technolo
ists and Chemlsts Limlted
COMPANY UIAITED BY GUARANTEE
Noles to the Financlal Stalemert8 (contlnued)
Year ￿KIed 31 December 2024
Oth•r Ir*ling activlti88
Umlrthd T¢Aal Funds urrestr￿ted Total Funds
Funds
2024
Funds
2023
Sales of wblKation arxl sundry
receipts
Conference income
Journal w)come
620
8.546
8.495
620
8,546
8.495
9.497
12.530
9.497
12.5
22.793
22.793
17.661
17.661
Invoslmonl Incom•
Urnestri¢ted Reslthded Totsl Funds
Funds
FurMIs
2024
Bank interest receivable
175
1.127
UNestricte
Funds
Restricted Totsl Funds
FUr￿S
2023
Bank interest re￿1vable
424
123
547
C￿ts of ralslng donatlorbs and legaGI•s
un￿SIrthd T¢)tal Funds Unre$trithd Total Funds
Funds
2024
Funds
2023
Opening sl¢xk
Jwmal printing
Closing sl(Kk
HonoTarium - editor
conferen￿ expenditu
Subscription - IULTCS
493
7.375
(444
7.563
7.095
353
493
7,375
{444)
547
5.310
(493>
7.272
5.525
$47
5.310
(493)
7.272
5.525
22.435
22.435
18,521
18.521
Expendlture on charltsble actlvltkn by fund typ•
Ur¥estrthd Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Suppm costs
14.374
14.374
12.091
12.091
10. Exp¢ndllur¢ on chaTltable actlvltles by athlty typg
SupF#Nt Tots￿ funds
2024
Totsl fvnd
2023
Govern￿Ce
14,374
14,374
12,091

Pago 12
The Socie
of Leather Technolo
ists and Chornists Limited
COMPANY LIMITED BY GUARANTEE
Notes to the Financial Statemwts (continued)
Year ended 31 December 2024
11. Analysls of support costs
U￿tr￿d
Funds Total 2024 Total 2023
Staff costs
Communications and
Genera off
Finance costs
Travelling and meetirvJ
Sundry expenses
Depreciation
Bank Gharges
Postsge and carriage
Olher legal and professional
7.$63
2,163
463
1376
5.739
2.455
577
2,163
2.376
24
153
158
265
435
241
2.489
2,489
182
581
581
15.963
15.963
12,091
12. Not (•xpondltur•yln¢(xno
Net {expenditureYincx)me is stated aft￿ charsirW(c*ethlirKJl'.
2024
2023
Deweciation of tar¥JitAe fixed assets
158
13. Indopondént èxamlnation f•
2024
2023
Fees payable to the independent e￿Thiner for.
Independent examination of financial staiements
2.376
2.250
14. Staff costs
The tclal staff c>)sts wd employee Lweffts f(ff the ￿p(￿ting ￿alysed as follow8:
2024
2023
Wages ar￿ salaries
13.537
13,011
The average head count of employees dwThJ the year bwa$ 2 (2023.. 2). The average number of
full-time equNalent empbyees during the ye* analysed as follows:
2024
No.
2023
No.
Administration staff
) employee recebved enwoyee benèfits of m¢Ne than £60.Ot)) during the year12023: Nd).
15. Trustee remuneratlon and expen888
No remuneration or other ber￿rts from employment V4iih Ihe thwity or a related entlty wer8
r￿e1Ved by th8 trustees

Page 13
The Socie
of Leather Technol
ists and Chemists Llmited
COMPANY UMITED BY GUARAKfEE
to th• Flnancial SL*ements (conllnuedj
Y•ar ondod 31 Do¢ombor 2024
16. Tanglble flxed assets
Plant and
machlnery
At 1 January 2024 31 Do¢¢mb¢r 2024
Depreclallon
At 1 January 2024
Charge for the year
At 31 Do¢¢mbor 2024
10,597
10.441
10,491
Carrylng anount
At 31 D•c•mbor 2024
106
Al 31 December 2023
156
17. Sto¢k8
2024
2023
Raw maierials aThl o)nsumatdes
493
18. Credltors: amounts lalllng due wlthln one yw
2024
2023
Trade credrtors
Accruals and deferred ir￿orne
Soci* sewrity and other taxes
219
219
3.241
219
131
2.950
3,679
19. Analy8ls of ¢haritabl• funds
Unrestrlctgd funds
At
31 D•cemb•
r 2024
1 Jarw 20
24
IrKome Expenditure Transfers
General funds
74.878
36.283
(36.809)
74,352
At
31 December
2023
1 Jawwy 20
23
Income Exwditure Transfers
Gener￿ fiJfKJ5
36.030
(30.612)
74,878

Pago 14
The Socle
of Leather Technolo
ists and Chemists Limited
COMPANY LIIAITED BY GUARANTEE
otés to thé Financlal SLqtements (contlnued)
Year endod 31 Do¢omber 2024
19. Analysls of charltable funds (continufjd)
R￿trIct¢d fvnds
At
31 D•c•mb•
r 2024
1 J*xwy 20
24
I￿oMe Expenditure Tw5fers
Herilage Fund
RaYM￿d Btakey furKI
175
{1751
175
10.703
10,878
10.703
175
10,878
1 Janu¥y 20
23
31 December
2023
Income EX￿dI¢￿e Transfers
Heritag8 Fund
Raymond Blakey fiJrMJ
1123)
123
10.580
10.703
10.580
10.703
Horltage fund
Thls pmjecl was starl8d dwing 2018 with the ot4edThie crf ¥d)Ning SLTC'S s¢pntific knowled98
for futLwe generations.
Raymond Blakey fund
Thls fijnd ss dedicated lo creal¢on of an online Re50wce Centre to reflect the knowle
requirements of current and luture leathw technd(sists and chemists.
20. Analys1$ of not asgets bkneen fund8
UnrestrKted
Fund5
Restrided Total Fund8
FurKJs
2024
Tangible fixed assets
Currenl assets
Credf(ors less than 1
106
88.074
(2.950)
85,230
77,196
(2.950)
74.352
10,878
Not assets
10.878
Urnestricted
FurMIs
ReStr￿le￿ Total Funds
Funds
2023
Tangble fixed assets
Current assets
Creditors less than 1 ye
Nat assets
156
78.401
(3.679)
74,878
156
89.104
(3.679}
85,581
10,703
10,703