THE LEYSDOWN CONSERVATION TRUST
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
5 APRIL 2025
DAVERT BANKS & COMPANY
WOODLAND LODGE
THE WOODLANDS
HER SURREY KT10 8DD

THE LEYSDOWN CONSERVATION TRUST
NTENT
Page
Legal and Administrative Information
Report of the Trustees
213
Balance Sheet
Statement of Financial Activities
Investment Account
619
Investment I ncome
10113
Notes to the Financial Statements
14115
Report of the Independent Examiner
16

THE LEYSDOWN CONSERVATION TRUST
LE
AND ADMINISTRATIVE INF
RMATION
Constitution
The Leysdown Conservation Trust is a Registered Charity governed by the Trust Deed dated 24
January 2005, Charity Number 1154281.
Trustees
The Trustees who served during the year were as follows..
A Harding
Mrs D M Rawstron
Dr M MacQuitty
Miss C Harding
Mrs J R8inbow
B Rainbow
Chairman
Independent Examiner
R T Hecquet
Davert Banks & Co
Woodland Lodge
The Woodlands
Esher, Surrey KT10 8DD
Bankers
C Hoare & Co
37 Fleet street
London EC4P 4DQ
Solicitors
Smyth Barkham LLP
1 Mitre Court Buildings
Inner Temple
London EC4Y 7BS

THE LEYSDOWN CONSERVATION TRUST
REPORT OF THE TRUSTEES- 1
R THE YEAR ENDED 5 APRIL 2025
The Trustees are pleased to present their Report together with the Financial Statements of the Charity
for the year ended 5 April 2025.
Legal and Administrative information, set out on Page 1, forms part of this Report. The Financial
Statements comply with current statutory requirements and the Statement of Recommended Practice -
Accounting and Reporting by Charities.
1. Objectives and Activities
The objects of the trust are the promotion and encouragement of the conseNation, improvement and
protection of the Countryside especially in Sussex, for the public benefit.
2. Achievements and Performance
The Trustees own Leysdown Cottage, Butchersfield Lane, Hartfield, TN7 4LB and the surrounding
land. In July 2016 they entered into a five year agreement with the Sussex Wildlife Trust (registered
charity number 207005) to fund the Vera Dalley Lederm8n Scholarship and Environmentsl Training
Programme with a separate five year lease of Leysdown Cottage to provide accommodation for the
trainees awarded the scholarships. Leysdown Cotlage was refurbished to make it suitable for use by
the trainees and the Sussex Wildlife Trust appointed the first three trainees in July 2016. Any further
projects were to be the subject of separate agreements.
Thirteen trainees have now completed the programme and all have obtained employment in the
conservation sector
Having reviewed the success of the programme with the Sussex Wildlife Trust each year , the
Trustees have been pleased to continue the arrangements with a further lease expiring on 10 July
2033{ with a break date at five years } and concurrent funding agreement
The Trustees are confident that the relationship with the Sussex Wildlife Trust fulfils the public benefit
test.
3. FlnanGlal Revlew
Dr V M Dalley Lederman, the Settlor of the Charity, died on the 21 July 2012 and under her Will
bequeathed a legacy to the charitable trust of £500,000 together with the freehold property and land,
Leysdown Cottage, Hartfield, Sussex TN7 4LB.
During the year ended 5 April 2016, the trustees received a further capital legacy of £1.000,000 and an
income legacy of £20,947 from the Executors of Dr V M Dalley Lederman.
During the year ended 5 April 2017, the trustees received a final capital legacy of £112,866 and an
income legacy of£276 from the Executors of Dr V M Dalley Lederman.
It is anticipated that the trust income will be fully utilised in the refurbishment of Leysdown Cottage and
making the annual payment to support the Vera Dalley Lederman Scholarships and Environmental
Training programme.
In the year ended 5 April 2025, there was net income of £1,972 before Investments.
The trustees have recourse to expendable reserves which at the 5 April 2025 amounted to
£1,734,417.84 including investments.

THE LEYSDOVIN CONSERVATION TRUST
REPORT OF THE TRUSTEES- 2
R THE YEAR ENDED 5 APRIL 202
4. Structure, Governance and Management
This information is set out on page 1.
New Charity trustees are appointed by a majority of the existing trustees.
5. Reference and Administrative Details
This information is set out on page 1.
The trustees usually meet at least once a year.
A chaiman is appointed by the trustees to manage the day-to-day operations of the charity and keep
the other trustees fully informed.
Leysdown Cottage and the surrounding Land owned by the trust is registered at the Land Registry in the
names of Anthony Harding and Diana Rawstron on Trust for The Leysdown Conservation Trust.
Approved by the Trustees and signed on their behalf by
A Harding - Chairman

THE LEYSDOWN CONSERVATION TRUST
BALANCE SHEET
AT 5 APRIL 2025
Note
2025
2024
Herita
Freehold Property and Land.. -
Leysdown Cottage
Hartfield, Sussex TN7 4LB
750,000.00 £ 750,000.00
Fixed Ass
Investments - pages 619
1639 567.00
1722,310.00
2 389 567.00
2 472 310.00
Current Asse
Cash at Bank..
Smyth Barkham LLP
Client Accounts at C Hoare & Co
Funds held by Quilter Cheviot
60,629.49
37 101.35
41,808.33
58 526.50
97,730.84
100,334.83
Liabilities.. Amounts falling due for
payment within one year
2 880.00
3 189.00
Net Current Assets
94 850.84
97 145.83
Net Assets
£ 2484417.84 £ 2569455.83
Fund
Unrestricted
£ 2484417.84 £ 2569455.83
Approved by the Trustees on the 25 July 2025 and signed on their behalf.
A Harding

THE LEYSDOWN CONSERVATION TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 5 APRIL 202
Unrestricted
Funds
Total
Year
Ended
5 April 2025
Total
Year
Ended
5 April 2024
Income from:
Investments pages 10113
Deposit Interest
49,061.73 £
2 606.22
49,061.73 £
2 606.22
46,666.03
2 022.93
Total
51667.95 £
51667.95 £
48 688.96
Expenditure on:
Raising Funds
Sussex Wildlife Trust
5,735.53
40,000.00
5,735.53
40,000.00
5,332.48
32,500.00
Other Expenditure
Propety Expenses
Independent Examiner's Fee
Professional Charges
6,264.00
2,520.00
2 469.60
2,520.00
1440.60
2,520.00
1440.60
Total Resources Expended
49 696.13
49696.13
49 086.08
Income l (Expenditure) before Investments
1,971.82
1,971.82 (
397.12 >
Net Gains l (Losses) on Investments - pages 619
Realised
Unreallse
16,425.26
103 435.07 ) (
16,425.26 (
103 435.07 )
2,399.99)
90 556.97
(Outgoings} I Income
85,037.99 ) {
85,037.99)
87,759.86
Fund Balance brought forward
2 569 455.83
2 569 455.83
2 481695.97
Fund Balance carried forward
£ 2484417.84 £ 2484417.84 £ 2569455.83

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THE LEYSDOWN CONSERVATION TRUST
INVESTMENT INCOME - 1
FOR THE YEAR ENDED 5 APRIL 2025
Dividend
Paid
UK Dividends
Astrazeneca PLC
125 Ordinary Shares
Barclays PLC
3,250 Ordinary Shares
BP PLC
800 Ordinary Shares
Compass Group PLC
300 Ordinary Shares
Diageo PLC
275 Ordinary Shares
Experian PLC
300 Ordinary Shares
GSK PLC
320 Ordinary Shares
Haleon PLC
870 Ordinary Shares
Halma PLC
150 Ordinary Shares
HSBC Holdings
1,750 Ordinary Shares
Intermediate Capital Group PIC
585 1135 Ordinary Shares
Legal & General PLC
1,750 Ordinary Shares
Lloyds Banking Group PIC
10,000 Ordinary Shares
London Stock Exchange PIC
45 Ordinary Shares
M&GPIc
4,335 Ordinary Shares
Mercantile Inv Trust PLC
3,600 Ordinary Shares
National Grid PLC
500 1645 Ordinary Shares
Octopus Renewables Infra PLC
18,000 Ordinary Shares
Prudentl81 PLC
460 Ordinary Shares
Reckitt Benckiser Group PLC
100 Ordinary Shares
Relx PLC
275 Ordinary Shares
307.00
273.00
193.64
142.86
218.02
143.44
195.20
53.94
33.30
1,130.18
346.73
361.03
290.00
54.14
858.33
280.80
297.77
478.66
76.16
196.30
165.00
Car
Forwar
6,095.50
10-

THE LEYSDOWN CONSERVATION TRUST
INVESTMENT INCOME - 2
FOR THEY
R ENDED
APRIL 2025
Dividend
Paid
UK Dividend
Brou
ht Forward
6,095.50
Rio Tinto PLC
250 Ordinary Shares
Segro PLC
600 Ordinary Shares
Shell PLC
480 Ordinary Shares
Smith (DS) PIC
1,145 Ordinary Shares
Tesco PLC
1,263 Ordinary Shares
31 Group PLC
425 145 Ordinary Shares
TR Property Inv Trust PLC
5,200 Ordinary Shares
Unilever PLC
115 Ordinary Shares
United Utilities Group PLC
400 Ordinary Shares
845.00
54.60
517.96
137.40
157.88
160.36
816.40
170.28
132.76
9 088.14
sln
Interest Paid
Allianz UK Gilt Yield I Inc
36,700 Shares
Octopus Renewables
18,000 Sharos
Premier Milton
27,250 Shares
Royal London Sterling Credit Inc Z
29,650 124,700 Shares
UK 0.875% 22.10.2029
£45,000
UK 4.750h 07.12.2042
£14,500
UK 1.75% 22.07.2047
£25,500
1,772.33
604.94
434.05
1,841.53
196.88
326.25
191.25
5 367.23
11

THE LEYSDOWN CONSERVATION TRUST
INVESTMENT INCOME - 3
FOR THE YEAR ENDED 5 APRIL 2025
UK Units Trusts
Dividend Paid
IAccumulated
Baillie Gifford Japanese Inc Growth
7,200 Ordinary Shares
BlackRock Cont Euro Inc
11,600 Ordinary Shares
Fidelity Asia Pacific
5,300 Shares
J P Morgan Emerging Markets
10,775 Shares
M & G Japan Sterling
7,200 Shares
Mayfair Propety Inc Trust for Charities
29,894.62 123,000 Shares
Premier Milton European Opps
7,000 Acc Shares
Thesis Climate Asset B Inc
481,121.63 Shares
210.24
753.53
96.45
173.48
121.40
1,217.00
94.06
26 050.33
28 716.49
Pro
ution
Segro PIC
600 Shares
114.60
For
n Dividend
Gross
Tax
Received
Allspring (LUX) World Wide Fund
195 Shares
Fidelity US Quality Income
7,650 Shares
International Public Partnership
13,000 Shares
I Shares 111 Real Estate
860 Shares
Roche Holdings AG
40 Shares
648.66
648.66
1,178.22
1,178.22
1,072.50
1,072.50
53.58
53.58
340.50
119.17
221.33
Veritas
10 Shares
54.86
54.86
3 348.32 £
119.17
3229.15
12-

THE LEYSDOWN CONSERVATION TRUST
NOTES TO THE FINANCIAL STATEMENTS - 1
FOR THE YEAR ENDED 5 APRIL 2025
ntin
Policies
(a)
Basis of Preparation
The Financial Statements have been prepared in accordance with the
Statement of Recommended Practice applicable to Charities in
accordance with the Financial Reports'ng Standard in the UK and
Republic of Ireland {FRS102).
(bl
Fund Accounting
Unrestricted Funds are available for use at the discretion of the
Trustees in furtherance of the general objectives of the Charity and
which have not been designated for other purposes.
(c)
Incoming Resources
All Incoming Resources are included in the Statement of Financial
Activities when the Charity is legally entitled.
(d)
Resources Expended
All Expenditure is accounted for on an Accrual basis.
rita e Ass
The Trustees consider that Leysdown Cottage and the surrounding land is a Heritage
asset.
The propety and land has scientific and environmental qualities and is maintained by
the trustees for its contribution to knowledge and culture.
As stated in the report of the trustees, the trustees have entered into an agreement with
the Sussex Vmldlife trust under which that trust is responsible for the management and
conserwation of the property and land.
Access to the property and land is through educational programmes organised by the
Sussex Wildlife Trust.
The propety and land is stated at the valuation when donated to the Charty.
Fixed Asset Revaluations
Investments are stated at Market Value on the 5 April 2025.
14-

THE LEYSDOWN CONSERVATION TRUST
NOTES TO THE FINANCIAL STATEMENTS- 2
FOR THE YEAR ENDED 5 APRIL 202
2025
2024
4. Liabiliti
Liabilities.. Amounts falling due for
Payment within one year
Independent Examinerfs Fee
2,520.00
2,520.00
Professional Charges
360.00
669.00
2 880.00 £
3 189.00
Trus
s Remuneration
The Trustees neither received, nor waived any emoluments during the year, (2023124
£Nil}
No Expenses were reimbursed to the Trustees during the year, (2023124 £Nil)
During the year, a charge of £ 1,440.60 was made by Smyth Barkham LLP for
Administration Services, (2023124 £ 2,469.60)
Mrs D M Rawstron, a Trustee of this Charity, is a Consultant at Smyth Barkham LLP
-15-

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
I report on the accounts of the Charity for the year ended 5 April 2025, which are set out on pages 4 to
15.
Respectlve responslbilltles of governors and examiner
The charity's trustees consider that an audit is not required for this period {under section 145{1) of the
Charities Act 2011) (the Act), and that an independent examination is needed.
It is my responsibility to
Examine the accounts (under section 145 of the Act),
To follow the procedures laid down in the General Directions given by the Charity Commission
(under section 154 of the Act), and
To state whether particular matters have come to my attention.
Bas18 of Indepondent oxamlnerf8 Statement
My examination was carried out in accordance with the General Directions given by the Charity
Commissioners. An examination includes a review of the accounting records kept by the charity and a
comparison of the accounts presented with those records. It also includes consideration of any unusual
items or disclosures in the accounts and seeking explanations from the trustees concerning any such
matters. The procedures undertaken do not provide all the evidence that would be required in an audit,
and consequently I do not express an audit opinion on the accounts.
Independent examlnevs statement
In the course of my examination, no matter has come to my attention.
which gives me reasonable cause to believe that in any material respect the
trustees have not met the requirements to ensure that:
proper accounting records are kept in accordance with the Act.
accounts are prepared which agree with the accounting
records and comply with the accounting requirements of the
Act- or
to which, in my opinion, attention should be drawn in order to enable a
proper understanding of the accounts to be reached.
R T Hecquet FCA
Chartered Accountant
Davert Banks & Co.
Woodland Lodge
The Woodlands
Esher, Surrey
KT10 8DD
5Au
ust 2025
-16-