This article is adapted from an article in Adventurer #30 By Ian Turner.
These are one of the easiest leather items to make - a basic pouch is a long rectangle of supple leather (or cloth) folded in half with two of the edges sewn up and, either the tops folded over and sewn to create a tube, or punch an even number of holes at the top for a drawstring. Alternatively use two rectangles and sew three of the sides up.
There are a variety of drawstring styles using one or two drawstrings/laces/thongs.
The drawstring doesn't have to be at the very top of the pouch. Try placing it a quarter of the way down from the top.
A pouch can be closed/fastened by other methods besides the use of a drawstring.
If the pouch has a flap which goes over the opening of the pouch you can use
To make a leather toggle cut out a piece of leather as shown below. Ensure that the thin strip is at least 6 inches in length. Roll it up tightly from End A until you get to Slit 1 then take End B and push it through Slit I and then Slit 11 and gently pull it tight so not to break the thin strip. You should now have your leather toggle.
This makes one type, you can cut End A so that it is shaped like a wedge getting thinner towards the slits as shown below.