Charity registration number.. 1190168
LION LANDSCAPES
ANNUAL REPORT AND ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2025

Lion Landscapes
Year Ended 30 April 2025
CONTENTS
Page
Reference and Administrab"ve Details
Trustees. Report
4t012
Audilofs Report
131015
Statement ol Financial Aclith"es
16
Balance Sheet
17
Slatement of Cash Flows
18
Notes to Ihe Accounts
171027

Lion L8ndsc2pes
Year Ended 30 April 2025
Reference and Administrative Detsils
Trust••s
Posib"on
Appointed
Resigned
Dr. D Macdtsnald
B A C Mayhew
Prof. A G Hart
Trusteè
Trustee
Tiusiee
20 April 2020
3 October 2024
3 October 2024
CharSty RegIStra￿On Number
1190168
Principal addre88
Highcliffe
New Road
Teignmouth
Devon
TQ14 8UL
Audltor
Gary Randall
Prydi$ kcounts Limrted
Clysl House
Manor Drive
Clysl Sl. Mary
Exeter
EX5 1G8

Trustees. Annual Report for
thè p•riod Irom 1 May 2024
to 30 April 2025
Charity naTh*.' Lion Landsc8pes Charity
Registrab"on number. 1190168
The Trustees of Lion Landscape5 piesent their annual report tO9ether with the financial statements of the
charity for the ye8r ended 30th of April 2025 and confirm they comply wilh the requiiement5 of the
Companies Act 2006 and the Charities Act 2011. the Constilution for a Charitable Incorporated
Organisation and Ihe Charibes SORP IFRS 1021.
The board of trustees are satisfied vnth Ihe perfom)ance ol the charity during the period, and the posits.on
of the charity on the 30 April 2025. and considers Ihat the charity is in a Strong p0s￿On to continue ils
activities during the coming year and Ihat the charrty's assets are adequate to fulfil ts obligations.
Oblg¢tlvg• ond Actlvltle*
A Summory of Our Progrnmmos
Community Camera Trapping plus ICCT+i is our flagship programme for unlocking benefits
associated wth coexisbng ¥wth wldhfe. This programme aclivefy links verified wildlife presence
Ifrorn community-based camera traps and cdlar datal and verified posrtive conservation actions
to tangible benefits such as heatthcare. veterinary care. education and infrastructure
dèvelopment. Th￿￿ exchan9•s of bènths for conservation outcomès are governed by
conservation agreements, C￿ developed by Lion Landscapes and the communits.es we work with.
The Lion Ranger Programme w0￿S to Irain rangers across the landscape lo prevent or respond
quid(ly and effectivety to incidents of humanllcamivore conflict. followng agreed besl practices
for lion conservation.
The Coexistence and Protection Training ICoProl broadèns Ihè feach of our Llon R8ngertr8inlng
to offer the same comprehensive. adaplable training. designed lo reduce human wildlife conflict
and effects'vely prevent or mitigate wildlrfe poisoning, lo non-rangers. We believe that empowering
local communities and conseNation partners wth the right knowledge and skills is essential for
effective Conservation and the well being of both people and wldlife.
Collaring lor Coexislence works lo give livestock owners access to real-ti￿* lion movement data
from lions that have killed livestock in Ihe past. allowing live5to¢* owners lo rnake informed
decisions regarding where Ihey graze their livestod( Ihat reduce Ihe loss ol livestock to lions.
Our ¢ommunity-ba5ed Lion Extension Officers ILEOSI $upport their ¢ommunits'es lo implement
predator proof livestock husbandry praclices, and also respond quickly to reports of livestock
prèdation, mitlgating retaliatory killing. Whèn poisoning evènts do occur, LEOS 8rÈ trained to
respond and minimise negatNe impacts on wildlrfe. people and liveslock.
Lion Defenders have a simiL3r role to ihe LEOS bul also work to prevent lion hunts for cullural
reasons.
The Predator Proofed Bomas programme aims to encourage the protection ol livestock
enclosures. In Kenya we do demonstrations on how lo build wire-mesh endosures and then
5UPPOrt the Iran5POrt of materials and construclion. In Tanzania. all the materials are purchased
in bulk by Lion Landscapes and we manage the construction of the enclosures. Mthen a wire
enclosure is nol adequate. we also suppty"Lion Lights. as a deterrent to predators.
The ￿l￿1rfe Clubs engage students in secondary schools in envitonmental conservatson athvitses
in their nomal sd)ool curriculum. The programme works through a training-the-trainers model
targeting the teacher5.
Sotne schools also receive porridge so the sludents 9et at least one nutribous meal in school.
Film nights held at communty centres or ￿rnOte households also help lo engage communits'es
through the projection of wldlrfe documentaries and give inft)rmation on predator-proof liveslod(
husbandry and the human and livestock heatth risks of misusing poisons to kill wikllile.

Park trips glve ￿MMu￿ty rTpmber5 the opportunity to ¥isil the proteded areas nearby and enjoy
wikllife In a non-threatening way.
The Lion Friendty ￿veStod( programme in Kenya is a collaboration befv4een Lion Landscapes
and INestock producers to develop a ￿On Friendty cerbfration. verty that standards are being
reached. and also help support aclivities in thelandscape that improve rangeland regeneration.
Financial lrteracy tiaining is piovided to pastoral women's groups in order to help them explore
alternatsve savings and credrt options to keewng goat and sheep herds. Reducing dependency
on livestock for daity finaniial needs helps rangeland regenerab.on and increases pastoral family
resilience. This Programme also works wth finanoal service pfoviders to develop products that
are suitable for rural pastoralists.
K•ny# ILalklpla Landscapèl
Laikipia is a critical conservats'on area. home to Kenya's third4Jrgesl lion popuLqb'on 8s well as endangered
species like Afn'can wld dogs and criticalty endangered vultures.
However, the area's biodiversty and ecosystem health are underthreat dueto high levels of human-wlldlife
conflict and unsustainable 18nd practices. particularly un5UStainable INestock production and grazing in
traditional pastoral areas. The primary source of human- wildlife conflict in Laikipia is livestock predation
by large camivores. For pastoralist communities Ihat depend on livestock for their livelihoods, the
economic impact ol the$¥ lossès ¢an be sevère. In rèsponse, retal￿tOry action$, such as poisoning or
snaring, are sornets'rnes ernployed. which can have devast8ting ecological consequences beyond the
targeted predators. Poisoning incidenls. for instance. also affect scavenger 5pecAes like vultures, vthose
populations are already crilicalty low. This year we have continued addressing these issues through
serie5 of inilialives that engage commvnilies as well as private conservancies.
In Laikipia. all prograrnmes liste(l in the Sectic￿ above lexceptfor Lion Delenders, which 1$ in Tanzani8 only)
operated over this reporting period. Key noteworthy points a￿ thal our tearn ol Lion Extension Officers
grew from 8 to 18, helping to implement cOnfl￿t miligat￿l measures such as finding lost livestock,
reinfor¢ing Ir8<Jilional livestock en¢losure$, and pfoviding vel mediiine lo wounded live$lo¢k. as well as
responding lo conflict events and collecling good quality data. We 8150 re-branded and expanded the
reach ol Lion Ranger Iraining. Coexistence training in the communilies was fomierfy onty delivered by our
partners The Peregnne Fun¢J. However. we have slarted augmented their efforts by expanding the reach
olthe Lion Ranger trainin9 and tailoring It lor d•lNery to non-rang&rs. Rs- brandèd a$ CoPro l¢oexist8n¢e
and proteC￿.0n) training. Ihis Iraining addresses HWC mrtigation slralegies. sustainable grazing practices,
and wildlife identification, which are essential for rangers and nonqangers alike. The Laikipia teams also
implemented the first camera trapping grid m Laikipia east lor large-camivore and general biodiversity
rnonitoring. This is Ihe Start ol 8 ￿ntinuOuS monitoiing prograrnme that will span the whole Laikipia
landscape.
Community Camera Trapping plus ICCT+l has conlinued to be implernenled in 5 ￿mmunitieS across
Laikipia. linking verified wildlrfe presence from community based camera traps and positive conseNation
actions to tangible benefits such as healthcare, veterinary ca￿, education and Infrastructu￿ development.
During this reporting period. this concepl was adapted to also include our survey cameras. whereby
images captU￿d on survey camera traps on community land also translate(J into benefits for that
community. This approach meant Ihat survey camerns were protected by local communrties, who saw
value in thèm, giving us betterdats and deli¥Èiing more benefits tts communities linked to wildlife presencè.
Finalty. addressing rangeland regeneration. as a rnajor th￿al lo all biodiversity in Laikipia including lions.
continues to be a priority. with the continued development of the Lion Friendty Livestock programme

Achievements & Performance
Indlcator
Kènya
Kènya
Lion movement maps generated
and shared
Most conservancies have
access to ER and don't need
maps. They o8n see the data
in real time.
2.818
7(￿&
Sightings collected- Lion
Changed the priority
ol data received from
conservanaes to
conflict
107
Sightings collected- Large
carnivores
Changed the priority
of data received from
conservancies to
conflict
1.665
104
HWC- Lions killed In
retslialion for livestock killin
HWC- Largè camivorès killèd- not
Total HWC incidents responded to
HWC- Proactive livestock
husband
visits & boma advice
630
361
2,277
7,776
Total Kms patrolled
Number of lions colkred and
monitored
CCT- Benefils distributed1$1
DVD nights- People reached
Training - People Irained
Coexistence Co-o
LFL
Number of trained LEOS employed
26.154
60.995
Doubled number ol LEOS
IS
10
7.368
5.858
13.294
3,094
2.461
2,745
18
O¢h¥r key 4¢hl¢vemtnts Includ￿=
More than doubling of Ihe number of Lion Extension Officers, from 8 to 18.
Expanding and re4Jranding Ihe Lion Ranger Training lo provide similar training to nonwrangers
across the landscape.
Conducts'ng the firsl of many big camera Irap surveys in Laikipia.
Trialing the CCT-Survey approach to help protect suNey cameras on community land whilst
also providing communities wth 8ddtb.onal benefils from wildlrfe.
Tanzanla IRungwa-Ruaha and Selous44yerere Landscapesl
Focused on fv40 critscalty important, vast landscapes in southem Tanzania.. Rungwa4luaha and Selous-
Nyerere. These landscapes include the Iwo largest National Pawks in East Africa, as well as Game
Reserves 8nd hurn8wlominaled land. They support hvo of the largest remaining lion populations and are
global strongholds for many olher speaes. Despite the inlemational Signrf￿ar￿ of these landscapes, they
have received very little conservabon or research attentKJn.
There is Intense human-carniVo￿ conflict in these landscapes, leading to very high rates of wildlife killlng.
Key threats are retsliatory and preventative killing to protect stock. and cultural lion killing foi prestige. The
Projectwas estsblished in Ruahain 2009 andexpanded to Selous in 2020. In both cases. the first dedicated
cam1v0￿ research & conseNats"on project in these key landscapes. Lion Landscapes has approximately
60 employees working in Tanzania, all but one ofwhom are Athcan, along wrth a fvrther appioximatety 20
individua15 engaged frorn Itxxl commun￿"eS Io sUPPOrt ourprogrammes.

In Ruaha. Lion Landscapes has continued to work wth 13 villages bordering Ruah8 National Park.
implementing a variety of education. mrtigation and benefits programmes. There were a total of 13
communities that participated in the Community Camera Trapping 1+1 progfamme. A team of 14 Conflict
Officers monrtored close to 5QK) livestock endosures to mnitor trends in livestock k)ss and map conflid
hotspot5. A team of 18 Lion Defendeis a150 patrolled vilL4ge land and a5S15ted in protecting livestock to
reduce retaliatory camwore killings. We continued to protect livestock endosures using wre mesh. lion
lights or traditional methods. Fortrfied porridge was given daity to over 1.200 students in three primary
schools, 36 secondary school scholarships were provided and 8 tertiary education scholarships were
provided. After careful evaluation of data quality issues, we decided to interTUPt the guide sightings
programme in Ruaha National Park. a programme where lodge guides collected camivore sighting data.
In Selous a team of up lo 11 Lion Extension Offi￿rS helped collect¢Jala on conflict and implementmitigation
measures such as finding lost livestock, reinforang tradrtKJnal livestock endosures, and providing vet
medirine to wounded 1NeStc￿k. We continued to protect livestod( endosures with'lion light5" The CCT+
programme continued to be implemenled in three communrties that received benefits from the presence
ofwildlile on their land. In addition to the hUMa￿WIldlIfecOnflICI woth. we also continued our large camivore
monitoring in the Selous Game Reserve. repealing some of Ihe camera trap grids that started in 2020.
Following the same re8sonin9 a5 in Ruaha, the ￿m1¥Ore 5ightsngs programrre w85 also interiupled.
Achlevements & Perfomianc•
Indleator
Tanzanla
23124
anzanla
Notss
Mix of currency devaluation an(J more
villages
added to CCT+ where Pena￿￿5 reduce
the final cash ot.
CCT- Benefits distributed1$1
57,520
37,715
Bomas
roteeted b all methods
HINC- Incidents res
onde¢J to
Heads ol livestock recovered
Lion s
or counted
274
247
9S8
251
971
250
Lions killed in retaliatron for
Number of people ￿8¢hed by
DVO ni
hls
8.071
2.167
Focused on homesteads and no
MBOMIPA cu
Number of people laken to the
ark
Number of people trained
258
748
301
Reduced effort anti-poisoning training in
Number of Simba Scholars
su
orted
EM - Are8 surveyed using
camera tra
km
41)0
25LX)
Merged Several grids into one
EM - Camera tra
rids

Olher key a¢hievernents included=
Ruaha..
CCT+ was expanded to 3 more communrfies in the Ruaha landscapes, bringing the total tr)
eight communities. Five communits.es stsll have Ihe nomial CCT programme, bLrt we ¢Jon't think
changing to CCT+ would be necessary.
In partnership with NCZ we improved and irnplemented Ihe rK)isoning prevention training in
Ruaha. It was the first tsme this training was implemented in Ruaha. and this was a great
opportunity to test and tailoradaptats)ns.
We successfully collared 7 lion5 in areas of potential conflid boidering 8re8s tsrgeled by our
Conflict mitigation vA)rk.
Sglou¥=
AII CCT+ villages agreed lo sign one-year contracts instead ol the three-month version we were
signing up to this point. This signals increased trust on the community's side.
We continued to improve the basecamp and added accommodation for students, interns and
volunteers.
We completed Ihe Wldhle Club in ffive primary schools wilh 358 students.
succèssful￿ collared 7 lions in NyerefelSelou$.
Innovatlve approaches to conseryatlon.
The Trustees and the CEOS have the goal ol diversifying income streams for Lion Landscapes and
seeking innovative approaches to conservation. As an organisation, one ol our goals is to improve our
flnancial resilience through diversifyin9 our income. We sometimes make investments and partner wllh
enterprise activities. We rnay also develop enlerprise acbvibes of our own in the ftItu￿, within the bounds
of our charitable status. During the 202+25 financial year Lion Landscapes has continued to work towards
these goals through Lion Carbon, Lion FrieTrd￿ Livestock. investment in BaoTree, and through work
d$veloping new finanual M￿￿oni$m$ linked lo su¢ce$slul ¢amivore ¢on$¢Nalion outcomes.
Llon Carbon
Lion Carbon is a premium REDD+ offset project developed in partnership with BioC8rbon Partners IBCPI.
Lion Landscapes has an agreement wth BCP that any credils we sell will result in us receiving the15%1
agent's fee as unrestricled funding for our camivore Conserva￿On activrties. The number of C￿dI1$
available for sale are sts"Il Iimrted untsl the venfication of new project areas is completed by BCP, but some
credits were made aVaila￿e lor LL to sell and Cincinnati Zoo agreed to off5el using Lion Carbon. Vvhile
income from Lion Cart)on is small. it is unrestricted and the￿lOre valuable to our operations. We will
therefore conts'nue (o work to grow these sales mowng lorwards. Lion Landscapes is still 100% 'climate
positive,, using Lion Carbon to offset doub￿ our annual carbon emissions.
Llon Frfendty Llve5tock
Rangeland degradation and poor agricultural practices threaten biodiversity, amplify w)verty by reduang
returns on inve5trnenl. and ran increase difflate change vulnefability for local pastoralist people. The Lion
Friendly Live$t￿k ILFLI programme works to improve the resilience of local pastoralist livelihoods through
enabling and incenbvising MO￿ sustainable livestock production. ￿lIe this programme does not yet resurt
in any direct income for LL acbvthes. it is helping to embed lion conservation acbvities into sustainable
livestock production in Laikipia. and has the potential to 9enerate additional revenue ft)r livestod(
producers. initl81ty through increase(I competitive advantage and in Ihe fulure the potenb'al for piemium
priced products, linked to the presence ol heaNhy lion populations. Once the value ol being Lion Friend
is demonstrated, then positNe conservath.on acbvrties wll be incenb"vised and supported by livestod(
producers. During this reporting period. we completed a Darwn granl for LFL and are now exploring ways
to ernbed Lion Friendly standards into otherfinancial mechanisrns being developed on the landscape. Like
the biodiversity credits Ibelowl.

8iodiver3ity Credits
The Lion Lifeline grant supports Ihe developmenl of inrkovative financial mechanisms linked to biodiversity
conservation outcomes. This work is being done in partnership wrth Natural State and WildCRU. Two
mechanisms are being developed in fv40 landscapes". a coexisten￿ 8ond in Selous and a stad(ed catbon
8nd biodiversity credit in Laikipia. In both. income for communities or othei land ¢)wners will be tied to lion
conservation and broader ecosystem outcomes. with the aim of attracb'ng sustainable finance for nature
(including large carnivores) vthile ensuring tangible benefits for local communities. During the reporting
period, strong progress was made.. new monitoring tools were developed. including aerial image
classifiers, camera-trap dashboards, and bioacoustic systems, alongside biodiversity surveys in
Zirnbabwe and preparations for Laikipia. Kenya. Community engagemenl expanded in Laikipia (Kenya)
and Selous-Nyerere (Tanzanial, where conservation contracts and camera-trap programs are already
delivering local benefits such as healthcare and education support. On the finanaal side, the team created
a draft bond-based structure I'coexistence 8ond"I tts serve as a pilot mechanistn, while alsts ctsllaborats'ng
with the Social Carbon Foundation to develop an inlegraled Natu￿ Stewardship Credrt framework. Both
have large camivore conservation metrics as a key outcome. The next phase will engage potential
investors in deepening financial design. expand surveys, and St￿ngthen community partnerships,
positionin9 th¥ program as a modd lor linkbng ¢on$èr¥alion. community well-being. and $u$tainablè
investrnent.
24
Investment
We continued with our investment in Baotree but there We￿ no new contributions. The valuation of
Baolree al th& end of this book year, based on an inttrrnal valuab"on, was £3,500,000. Lion Land$¢apes
owns 7,389 8h8res, or 0.80% ofthe cornpany, which equ8led to £19.049.50.
Volunts*rn
Lion Landscapes has been fortunate lo rety on a few key volunteers in the past years. This year Joni
Overbosch has been invaluable in her role supporting senior leadership by leading a series of Important
slr8tÈgi¢ projects, in¢ludin9 $UPPOrting Lion Land$¢ape$' Admini$tr8tion, Fundraising and Communi¢&lion
efftsrts. Shts has donated 16 hours of her bme per week. vkni¢h has a value 01£13,500 this year.

Financial Review
Lion Landscape5 is an earfy-stsge ¢harity in a grcf4vth phase. The Irustees consider that the finanry81
perfomiance ofthe charity during the year has been satisfactory.
The trustees afe pleased to rew)rt that in 20242025 Lion Landscapes, total incoming resources were
£1,458.083 and total expenditure was £1.184.083. (the majority of the exces$ inry)me rplaled lo rgslricled
funds received for expenditure for Ivture ffinancial years).
Total funds at the end of the peiiod total £2.187.634. comprising £1,097,898 of restricted fijnding for
programmes and £1,089.736 of unrestricted funding. A signfficant proportion ol the charity's funding is
typically received earfy In a calendar yeai. the majority of which bs required to be spent during the same
calendar year. although sorne may be restricted to future years. Due to the timing of the charity's financial
year end130th April) this usualty resuKs a signrficant balance of in restricted funds at the end ol the period,
the majority ol which relates to expenditure that is committed to L* spent dunng the subsequent financial
period.
The chanty maintained a healthy financial position,
with funding received exceeding expendrture
during the period. The charity increased its
&xpèndituie on chantable activitie$ by £268,822
compared to the previou5 period. ¢0 £1,184,083.
Income w8s £1.485.083. ofwhich
£117.180 was unrestricted fvnding. The charity
intends to maintain the balance ol being abl¢ to
add to reserves whilst it continues 10 grow lo
ensure that funding is available to SUPPOrt existing
operations as well as the expansion ol its
rammes.
Review of the chanty's
financial po$ilion al the &n¢J
of the period
Para 1.21
Lion Landscapes is a rapidly growing
organisation an¢J our policy is to hold al least 12
month$ ol operational expenditure in reserves lif
unreslricted ftjnding allows) to be able to expand
when the opportunity arises or remain in
operation If fundin
Sudden￿ falls short.
At Ihe end of the penod the charity held as
reseThes the unrestricted funds of £1,089,736
vthich equate5 to just ov&r 10 months of
operational expendilure.
Statement explalnlng the
policy lor holding reserves
stating why they are held
Parn 1.22
Amount of reserves held
Para 1.22
Reasons for holding zero
reserves
Pard 1.22
Nla.
Details of fvnd materialty in
deficit
Pard 1.24
None.
Explanalion of any
uncertainties aboul the
charity continuing as a going
concem
Para 1.23
The Iwslees do not have any i$5ue5 regarding
Ihe ability of the charity conlinuing as a going
concem.
10

Funds held as Custodian trustees on behalf of others
Description tsf the assets held in
this capacity
Lion Landscapes someb.mes holds funds as a
cuslodian on behaw of other5. such as organisations
with whom we have a mentorship agreement. These
lunds arrive in our accounts and we distribute them to
them as a lump sum as soon as requested. The
receiving organisations do their accounting against
these lum
surTts.
Name and objeds of the tharity
on whose behalf the assets are
held and how this falls wilhin the
cu$todian ¢h8rity's objects
This year funds have been raised for.
IUCN HWC specialist group.
North Carolina Zoo
IVCN used our account$ lo receive funds for the
development of a new HWC stralegy and lor other general
prograrnrnes implemented by the HWC specialist group.
North Carolina Zoo lo pay the salary ol an employee that is
legal￿ employed by L￿Th Landscapes since NCZ do not
have a le
l enti
In Tanzania.
All lunding goes into Ihe tsiganisational accounts as
Custodian Funds received Idonabonl. During ftjnding
meebn9S, these lunds are allocated to diffe￿nt proje¢ts.
During this allcKabon pr(￿S$. all ftjnds raised as
custodians wll be earnarked as donations and sent
straight to them orwll be kept In the a￿OuntS on
request ol th& rwiving Ofganisats'on.
Details ol arrangements for
safe custody and segregatti)n
of such assets from the
charity's own assets
Rlsk management and Identlficatlon ol rl•k
Th• trustees have not deemed it nécessary to set up separate Finance and Audit Risk Committ&es but
review the risk associated with fund5 held at the Charity's Board Meetings. The charity's trustees and
executives rnonitor the specific risks including operational risks on an ongoing basis and the board is
confident that the necessary steps are being taken to prevent them and mth'gale their impacts should they
occur.
Stru¢tur¢. Governan￿ and Manog*m¥nt
Des¢riplion of charty's
trusts..
Type of go¥eming
docurnenl
How Is the charity
consbtuted?
Tru51ee selection rnethods
including details ol any
conststutional provisions e.g.
election to post or nam8 of any
person or body entrtled to
appoint one or more trustees
Para 1.25
Consts"tution
Para 1.25
Charitable Incorporated Organisats'on ICIOI
Para 1.25
According to Art.34 of the Constitution. the
trustees may appoint by ordinary ￿SolUtion
person willing to act as a trustee. Candidates
are put forward in a quartedy board meeting
and upon approval of a majonty ol the
Trustees, they wll be asked to become a
trustee.

Reference and Administrative detsils
Charity name
Other name the charity uses
Lion Landscapes
Registered chatrty number
Charty's prinapal address
1190168
Highdifte, New Road,
Teignmouth, TQ14 8UL Devon.
Uniled Kin
dom
Trustees
This reporting period Moreangels Mbizah lell the Board due to ovethelming commitments and we thank
her for the time she gave to us while she could. Also, due to diificults.es wth opening savings accounts in
the UK with Trustees not resident in the UK. Cardine Chepkwone. Tom Leiden, Kerry Hancock and
Maureen Meeng resigned as Twstees and moved across lo forni our Advisory Board, and we are very
grateful for their conts'nued strategic. financial and conseNalion guidance to help grow Lion Landscapes
to the next level. Davi¢J McDonald remains as a Trustee and has been joined by Adam Hart and Chartie
Mayhew, vthts b¢¢am¢ Trustees during this r¥porting peritsd. We give them a warm Wel￿me.
Nam•
NaUonallty
Date appolnt•d
rlod
14-04-202015 yearsl
03-10-202411 yearl
0&10.2024 11 yearl
1NH.202213 years)
13 04.2022
Date of
retlrem•nt
Prof. David Macdonald
Brrtish
Charles Mayhew 08E
Prof. Adam Hart
8nlJsh
British
Dr. Moreangels Mbizah
Karen Hancock
Zimbabwean
1210412025
South AfricanlDulch
12.04.2025
Maureen Meeng
Tom Leiden
Dutch
13.10.2021 13 years)
13.07.2022
12.10.2024
American
16.10.2024
Caroline Chepkwony
Kenyan
12.10.2022
11.01.2025
D•elaratlon8
The Iru$lees declare that Ihey h8¥e approved the Iwstees. ￿port above. Signed on beh8W of thtr ¢h8rity'8
trustees
Slgnatur•l•l
(IfAL
Full narn8lsl
David Whyte Macdtsnald
Adam Hart
Posltlon le.g. Sècretary.
Chair. etc.)
Chair
Trustee
Oate
2010112026
2010112026
12

LION LANDSCAPES
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF LION LANDSCAPES
Oplnlon
We have audited the finanual slatements of Lion Landscapes Ithe'trust'l for the year ended 30 April 2025
which comprise the statement ol financial activrties, the balance sheet, the statement of cash flows and
the notes to the financial statements, Induding a summary of significant accounting poliaes. The
financial reporting framework that has been applied in Ihar preparation is applicable law an¢J Unrted
Kingdom Accounting Standards, Incjuding Financial Reptsrting Standard 102 The Financial Reporting
Standard applicable in the UK and Republic ol Ireland Iuniled Kingdom Generally Accepted
Accounting Practice).
In our opinion, the finanaal slalements..
give a true and tsir view of the stste of the ch81ty'8 8ff8irs 85 at 30 Apfil 2025 and of rt8
incoming resources and applicabon of resources. for the year then ended..
have been propety prepared in accordance with Unrted Kingdom Generalty Accepted
Ac¢ounlin9 Pra¢ti¢e", and
have been prepared in accordan¢tr vrith Ihtr requirements of Ihtr Charities A¢t2011.
B••l8 lor oplnlon
We conducted our audrt in accordance with International Standards on Auditing IUKI IISAS IUKII and
applicable law. Our responsibilities under Ihose standards are further described in the Auditors
sponsjbilities for the audit of the finanual statemenls section ol our report. We are independent ol the
trust in accordance with the ethical requirements Ihat are relevant to our audit ol the financial statements
n the UK, including the FRC'S Elhical Stsndard. and we have fulfilled our other elhical responsibilities in
accordance wth these requirements. believe that Ihe audrt evidence we have obtsined is sufficient
and appropriate to provide a basi$ lor ouropinion.
Conclu8lon8 r•latlng to golng concern
We have nothing to rèport in respect ol the lollwng matt&rs in relation to whi¢h ¢h* ISAS IUKI roquire us
to report to you where..
the Iruslee5' Use of the going ¢on¢em b8$i$ of 8¢counting in the prtrparation of th? finanual
statements is not appropriate, or
the trustees have not disclosed in the financial st8lements any identified rnalerial uncertainties that
may c85t Slgnificant doubt about the trust's ability to continue to adopt the going concem basis Of
accounting for a pèriod of al l&a$l Iw$lve month$ from Ihe d*¢ when tho finontyal $tsl¢mtrnl$ are
authorised forissue.
Other Informatlon
The Iruslee5 are responsible for the other information. The other inforrnabon cornprises the information
included in the annu81 report. other Ihan the finanrial slalemenls and our 8uditorf5 report thereon. Ouf
opinion on the finanaal statements does not cover the other infomab.on and we do not express any fom
ol assurance condusion Ihereon.
In connection wth our audit of Ihe financial stalements. our responsibility is to read the other information
and, in doing so, consider whelher Ihe other infi)M￿lI0n is materialty inconsistenl with the financial
ststement5 or our knowledge obtained in the audit or othetwise appears to be materially misstated. If we
identify such material inconsistencies or apparent matenal mi5Statemellt5, we are required to determine
whether the￿ Is a material misstatement in the ffinancial slatements or a material misstatement of the
other information. If, based on the work we have perfom)ed, we condude that there Is a material
misstatement of this other informabon. we are required to report that lact.
We h8v8 nothing to rep(wt in this rega￿.
13

LION LANDSCAPES
INDEPENDENT AUDITOR'S REPORT {CONTINUEDI TO THE
TRUSTEES OF LION LANDSCAPES
Matters on which we are required to report by exception
We have nothing to report in respect ol Ihe following matters in relaiion to which the Charities
(Accounts and Reports) Regulations 2008 require us to report lo you if. in our opinion..
the information given 4) the finanaal statements ss inconsistent in any material iespect with the
trustees, report., or
sufficient accounting records have not been kept. or
the finanaal slalernents a￿ nol in agreement vthh Ihe accounting ￿¢￿$.. or
we have not received all the inlom)ation and explanab.ons we require for ouraudrt.
Responslbllllles of trustees
As explained more ful￿ In the statement of trustees, responsibilities, the trustees are responsible for the
preparation ol the financial statements and lor being sa￿"$fied that they give a true and fair view, an¢J for
such Intemal control as the trustees detennine is necessary lo enable the preparation of finanaal
statements that are free from malerial misstslement. whether due to fraud or eThof.
In preparing the financial statements. the Iruslees are responsible for assessing the trust'5 ability lo
continue as a going concem. disclosing. as applicable. matters related to going concem and using the
90ing ¢on¢ern b8si$ of a￿￿￿￿tIng unless Ihe twslees either intend lo ¢eas& operations, of have no
rtralislic allernalive but lo do so.
Audltorfs re8ponslbllltle8 lor the audlt of the flnanclal statements
We have been 8ppoinled as audilor under $edion 144 of Ihe Charitie$ Act 2011 and rtrport in 8¢¢tsrdan¢e
wlth the Act and relevant re9ulations madè or having effect thereunder.
Our objectives are to obtain reasonable assurance aboul vthether the financAal ststements as a ¥thole are
free from material rnisstaternent. whether due lo fraud or error. and to issue an audilorfs report that
in¢ludes our opinion. Reasonable assurance 1$ a high level of assurance, but is not a guarantee that an
audit ¢ondu¢t&d in a¢¢ordan¢e with ISAS IUKI will a￿4&Y$ delecl a material mi$$18lemenl whtrn il exists.
Mlsstatements can arise fromfraud or error and are considered matenal il, Individually or in the aggregate,
they could reasonabty be expected to inlluence the economic decisions of users taken on the basis of
these finanaalslalements.
A further description ol our responsibilrties lor Ihe audil of the financi81 slalements is located on the
Financial Reporting Goun¢il'$ website at. htlp'lAwM.fr¢.org.uklaudrtorsrespon$ibilrties. This de$¢ription
lorms part of our audilof$ rgport.
Oth•r matt•r
Ywr attention is drawn to the tsct that Ihe charity has prepared financial slalemenls in accordance wth
"Accounting and Reporting by Charities.. Statemenl of Recommended Practice applicable to charities
preparing their accounts in accordance vnth the FinanrAal Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021" las amended) in preference to the Accounting and Reporting by Charities."
Statement of Recommended Prath'ce issued on 1 April 2005 which is referred lo in the extant regulations
but has now been wthdravm.
This has been done in order for the financial statements to provide 8 tnje and fairview in 8ccordance wth
current Generally Accepted Accounting Practice.
14

LION LANDSCAPES
INDEPENDENT AUDITOR'S REPORT ICONTINUEDI TO THE
TRUSTEES OF LIQN LANDSGAPES
Use of our report
This report 18 made solely lo the chaiity's Iruslees, as a body, in 3¢cordance wilh parl 4 of the Chaiilies
IAccounls and Reports) Regulations 2008. Our audit woik h8s been undertaken so that we might stale to
the charity's trustee5 those mallers we 8r8 r8quired 10 51ale lo them in an auditors, ￿ptsrt and for no other
purpose. Tolhe lulkst exlenl permitted by law, we do not accept or a55urNe respon5ibilily to anyone other
than the chaiily and the charity's trustees as a body, for our audit work, for this report. or for th& opinions
we have formed.
(J
Gary Randall (Senior Ststutory
Auditor)
For and behalf of Prydis Accounts
Limitèd
Clyst House
Manor Dnve
Clysl Sl. Mary
Exeter
Oevon
harterod Accountsnts
ststutory Auditor
EX5 1GB
Prydis Accoun15 Limited is eligible for appointment as auditor of the trust by virtue of Ils eligibility for
appointment as auclitor of a Company under of section 1212 of the Cotnpanies Act 2006.
15

Llon Landscapès
Yé¥Endthl 30 Apdl 2025
Statement of financial activities for the year ended 30 April 202S
lin¢luding summary in¢ome and expenditure a¢¢ountl
Unrestrlcted
funds
RestrScted
income funds
Totsl funds
30.04.2025
Total funds
30.04.2024
Income INote 31
Income and endowments from:
Donations, legaaes and grants
Other
Totsl
113,511
3669
117 180
1,340.￿3
1.454,414
3,669
1.458,083
1,956,799
18.053
1,974,852
Expendlture INote 41
Exp8ndlture on=
Charitable acb'vibes
63,618
1.120,465
1,184.083
853,015
Tot41
1,184.083
853,015
Net Incomellexpendlturol
N•t movement In fund¥
274,000
274,000
1.121.837
1.121.837
Rgconclllotlon of funds..
Total funds brought forward
Transfer ol funds
1.C65.023
-28.849
848,611
28,849
1.913,634
791,797
Totsl funds earrl•d fonv•rd
1,089,736
1,097.898
2 187634
1913634
16

Llon Landscapès
Yé¥Endthl 30 Apdl 2025
Balant• sh••t a$ ai 30 April 2025
Unrestrlcted
funds
Restrbcted
income fvnds
Total
30.04.2025
Total
30.04.2024
Fixed ass8ts
Tangible assets
(Note 9)
3,831
249,340
253,171
223.352
Current assets
Debtors
Investments
Cash at bank and in hand
Total currentaS5ets
(Note 101
(Note 111
(Not8 121
27,593
19.050
1 058 858
1 105501
579
28,172
19,050
1,906,837
1,954,059
12,894
19.064
1,671.447
1,703.405
847 979
848 558
Credltors: amounts lalllng due vAthln one
year
(Nole 131
19,596
19,596
13.123
N•t eurr8nt as$ots
1 934 463
1690 282
Total •ss•ts less eurr•nt 114bllltl•s
2 187634
1913634
Totsl not assots
Funds of the Charlty
Reg¢rlctgd Incorng lund¥
Unre¥trlcted lund8
Totsl funds
1,089.738
1,097.898
2 187,634
1.913.634
INole 171
1,097,898
1.097,898
1.089,736
2.187,634
848.611
1,065.023
1,913.634
1,089.736
1,097.898
Slgned by trustees on behall of all
the trustees
Signed
Namo
Date
112
Slgned
ckf
Name
1r2
17

Llon Landscapès
Yé¥Endthl 30 Apdl 2025
Statement of Cash Flows
IFRS 102 1 Charibes SORP
Prepared in accordance with Section 7 of FRS 102 and Module 14 of the Charities SORP IFRS 1021
Cash flows from operating activities
Net cash provided by operating activilies (see Note Al
Cash flows from investing activities
Purchases of tangible fixed assets
Proceeds from dispo$81 of tsngible fixed assets
Net cash used in investing activities
Cash IIow5 from financing activities
Net cash from financing activities
Net increase in cash an¢J cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end ol year
383,576
-153,541
234
21
235,39)
1671447
Note A.. Rg¢on4llation of net ftvjvèn￿nt in funds lo nel ¢a$h provided by operating activilie$
Net movement in funds
Adjustments for non•cash items..
DeP￿CIatIOn of tangible fixed assets
Lossllprofrtl on the sale of fixed assets
(Gainllloss on revaluation of inveslments
Working capital movernents.
Ilncreaselldecrease in deblors
Increaselldecreasel in credrtors due wthin one year
Nel cash provided by operating a¢bvibes
274.000
67.025
51.342
14
-15,278
Cash and cash èquival¥nl$ ￿Mprise cash al bank and in hant1. Bank overdrafts repayabl8 on d8man4 (non¥
In the yearl would
18

Llon Landscapès
Yé¥Endthl 30 Apdl 2025
Notss to the a¢¢ounts frjrthe year onded 30 Aprfl 2026
1. ¢h¥rfjty Stslug
The ¢harlly became a CIO Icharftatlè Irt￿0rated ￿ar￿S￿onI ￿ 20Jun& 2021. ￿ ch*fjty rewation rthiber is 1190168 and it Is 9ov&med by Its
conslilution.
2. A¢￿untIng poll¢le8
Basis of preparntion
Thas8 a￿oUnt$ have been prepared undw the his10￿81 C￿1 conv*Mion and revaluaiion lots*Val￿ kn ac£tydan¢e WitH FRS 102, wfth tter￿ reccgnised
8t cost or transaction value unkss otherwise stsled in the rekvant Th￿e(sI lo Ihese a¢¢￿ts.
The accoLnts have been prepared In accordance with Slalemenl of Recommended Pr8clice' AccrthNw and RepcrtirvJ ty CharilES preparing Ihdr
3ccounb in accordancewilh Ihe Finanual Reporbry Standard a￿1￿3￿1￿ in Ihe UK and ReFxJNic of Ireland IFRS 1021 Is5upd on 16 Juty 2014 and with the
Charitits Aci 2011.
The consiiluttt a puEAic b8ntrfft trnbty as defined by FRS 102.
Prnsentatlon currgncy
The flnancltl staiemenis aw tyesented Sn Poun¢ts sierthvj (£1. wliL* +$ th8 Chth'$ ￿YeSenIal10n o-¥rew. Ch8dty'S fL¥)Ctlon81 currency is Kenyan
Shilling IKESIIUS Dollar IUSDIITanzanian Shilh'ry ITZSI refiecling the pnmary ec0nonNcen￿[0nfflen1 of rts operabon5. See'Foreign ￿rrencY lor
Iranslauon Pol￿e5,. exchange diNerenc8s 8rwTrJ on Ir¥￿allOn 18cogn*éd Inth8 Sial￿en1 ofFinwc41 Aciiyrties.
Forolgn exchango
Monetary assets and Ilabl1￿leS In fordgn rJJrrendes are translated lrto sierfhYJ at the Mes of exth8rvJa rulSng ai thè balance sheet date. Tr8ns8dlons In
foreign currencies are Iran￿ated into Sterling ai the rates olexcharvJe wling ai thB date of the trorw(aK￿. ExtharvJe differen￿5 are iaken Into account In
8rrlving al Ih? oper811ry wofii.
Golng ¢on¢om
The Iruslee5 c￿SIder lh* Ih•re no malort4 unc•rtaln005 •bwl tho th•nV5 aw ¢0 ¢onlrrtJO 85 1 corK*m.
Recoqnltlon ol In￿ne
All Income Is recognlsed once iho thoiity has ¢n¢￿ement lo li li mor* likety th•n rbtsifvi th• Iwte•s wkl r￿1ve tho ro¥our¢es •nd tho
monetary valu8 can be mea5ur8d with 5uffiuent rel￿bIty.
Off•ottlng
There has been no offsettiNJ of asstts 8nd liabil￿.¥$. orlrK%yw e4)entes. uths orpemiimed FRS 102 SORP or FRS 102.
Qranth and donalon•
Grants and donations are onty InckKtsd In the SOFA when the gerw81 inc4Jme wnthon cthena a￿ mei15.10 to 5.12 FRS102 SORPI. In ca88 of
performance related grants. these are only Ir￿￿ded In IIE SOFA wce the charty has wwded tr ￿•ted seNixs or mel the pwfonnarire rd3ted
condluoro,
Doh*t•d S•rvlcM and hcllst
Donaied ser4Aces and facSlthes are induded in the SOFAwhen re¢•*d ai the v8lL* oflts 10 the £harity pro￿48￿ fv Wal￿ ofthe gfft can bè
fflea5ured reliably. Donated SerV￿￿S and faulilies ihal ￿e con5W￿Al Mmedialely a￿ recoynised as wrfh an equiva￿￿1 amount recognised 8$ an
expense Under1￿ 8ppropri8le heading in the SOF￿ Thev** o18ny ￿tary ￿1p receN¢LI not ind￿18￿ in •ctounl$ but 1$ described In the
Irusiets, report.
Expendlturo and Ilabllhle8
Liabilitie5 are recognised wh2re it is Ma￿ likety Ihan notthal there ￿ a12931 oroJrth(th 0￿￿ja￿On (x)fftn*tsng th2 thatity to pay (MA reSoUr￿S and the
mount of the otrAigalion can be me05ured with rea5waNe certainty.
Support costs hove been allocated betrleen go¥emarKe ￿sts and other suppcrfl. ¢knfflarrec05ts C(ffi[￿Se ￿1 costs invohring publr accounlabilrty of
the charily and its COM￿larKe wbth regulatvjn aTrJ good prac*"ce.
19

Llon Landscapès
Yé¥Endthl 30 Apdl 2025
ic ffnanual in
tharity accounts for ba&cfimancigJ instruments irwbal rewnthcl) as perparagtaph 10.7 FRS102 SORP. SLknsequeffl maasuremeni is as per
paragraphs 11.17 to 11.19. FRS102 SORP.
rumen
These are capila115ed and ¥￿Ued at cost rf they can be ￿ for m(xp Ilw oreyear arKI (xb5t al ka5t E1(X).
Depreciation is p￿Ided on tsrVJ1b￿ fixed assets $0 as lowrite oifthe orvahJatN)n. lèss anyestimated resithjal v8lu2. overtheir exKxdaJ usefiA
econom￿ lifr a5 follows..
A¥¥fyt ¢la¥¥
offi￿ equipment
Planl and m8chirery
Motorvehides
Fixtures frttings
Dap￿￿Th mfrthod and r•t•
25% stravJhtline basi5
20% straNJhtlire bas
25% strdighllme bask
20% 5trawhl Ime bas
Invubn•nts
Unlis1￿ Invtrstmenis are valued at initialy ai cosi and subseoL*nty ai lair vak* (th*Ma￿tIVa￿￿I 81 thè y88f and unl9&8 lair value cannot be
measured reliably In which case il is meawred al Gosl ￿ Impairm￿1.
An8ly818 ollncom•
Uhrwtrktsd
fvnd•
R•8trfct•d
In¢ow fvnd•
Tot•1 fvnd•
L••t Y••r
Don•dpn•, 1•B•¢I￿ •nd grnnt•'.
Don8lions and gifts
General grants provhyed by govemmwvolhw agencies
91.334
22.177
91.334
1,363.060
1,454.414
150,143
1.806,656
1.956,799
1.340.9)3
1.340.9D3
Othor..
Interest Incthme
Other Revenu8
G81n on rev81L￿1loTh of In¥esimenis
1.357
1,357
2,326
55
16,201
TOTAL INCOME
117.180
1.340.903
1.456,083
1.974,852
4. Exp•t)dlturn
Analy81• 01gxpondltur•
ReBtrtcted
ID¢orn• fvndB
Total fvndb
Last Yoar
Exp•ndltur8 Ot) Cha￿tab￿ athltl8•
General actlvRle8
Depreciètion
Govemance costs- note 6
1.061.300
59.165
1,153.863
67.025
10.800
1,231.688
767,863
57,152
4,104
849,119
10.800
111.223
TOTAL EXPENLrfTURE
1.120.465

Llon Landscapès
Yé¥Endthl 30 Apdl 2025
S. Fund8 roc&N8d 88 agont
8•lan¢e W at
¥tsrt ofyoar
th[￿nt
Amount pakl out
Balancg hold
at year end
Ye3rended 30
ri12025
DesCriptio￿naMe of party
IUCN- s￿aN81 P￿e￿ (not a rdaied patyi
143.081
-101.233
42.492
rend 30
ri12024
IUCN- HWC Specialist Project (not a rdaled party)
41.698
-124 439
IUCN- HWC Speciallsi Prol8(a (not 8 reknied partwl
100,963
6. Support Co¥ts
20.04.28
30.04.24
Fees pèkl auditor reMu￿rat1
Tot*1
10.800
10.800
8,000
8,000
Dots118 of e•rt•ln ol•xpondltur•
30.04.25
ao.04.24
Support co8t
Independent examI￿r,6 fees
Olhèr It8s 10 Éxaminer
Tot•1
1.200
9.600
10.800
1,200
6,800
8,000
30.M26
30.04.24
7. Pald employ•
7.18t8ff Co•ts
SAlar￿$ and wagès
515.813
30.654
5.649
552.118
367,341
8,816
4,588
380,745
Pension Gosls Idefin•d ¢ontribUti￿ penslm pl•ni
Totsi $18ff c0818
No employèes ret*ved empltyee benefrts iextknling em￿tsYer Pensi￿ ¢f*tÈ) repofvng wiod Olm￿ than Eeo.IiJo.
7.2 Avorn9• hw41 ¢ount In th• ymr
30.04.2S
Numbpr
30.0&24
Number
Management
Field staff
49
33
Camp staff
Research
Project dI￿￿or$
Fundrai5iry & commn1cat￿n slaff
Total
87
65
8. P8n8lon contrtbulonts
Pon81on costs
CothbulSons lo the employee pen￿on schemes fc¢the year amtrjnied to £5.64912024". E4.5881.
The charity yrates a defined (x)ntribution ￿n5•Dn sd￿. per￿K￿l SCI￿ Ubst &)rthe year reFKe5en15 fA)ntritxJbon5 due by Ihe tharity to the
stheme.
21

Llon Landscapès
Yé¥Endthl 30 Apdl 2025
* Tanglble flxed assets
Flxiurns.
IAotorVehKkn fitting5 and
8qulpmetrt
30.04.25
30.04.24
Totsi
Totol
Co¥t
Al start of year
138.328
16.IMO
-16,953
137.415
197.361
137.501
42,450
272.412
335.689
153.541
-79.403
409.827
218,450
117,238
DIspDs8Is
Al end of the year
335,688
Depreclatlon
Al Slèrt of year
Charge for the year
61.932
27.516
112.338
67.025
55,186
57,152
39.9J9
Eliminated disposals
Al end of the year
-10.579
-12.
-23.275
78.869
77.219
156.086
112,338
N8t book v8lu•
N81 book value 01 it* and of the ytar
58,546
195,193
10. D•btorn Ind pr•p*ym•nts
30.04.28
30.04.24
Prèpayments ar￿ actrL*d Intom
Trad& Debiofs
Othèr debiors
Total
10.406
16.078
1.186
27.668
12,144
750
12,894
30.04.25
30.04.24
Con¥erUtle Loan- Baolree Lld-8,g00 udinary shares
19.050
19,064
In 20121 Lion18nd¥c8pes bwphl ¥ con￿rtib￿ b8n in 8•olrw Ltd lor £3.788.11 w•$ COn￿rted irlo 5h•rw in Ollo￿r202l. Tho 5h•res •re ststed •t lair
value as Ai 30 April 2025 IUnre81istd gain £14.7e61.
12. Ci•h at bank In hand
30.04.28
JQ.04.24
Cash ai b8nk 8fKJ in hand
Total
1.859.232
1,859.232
1.671,447
1.671,447
13. Crgdrtor• antl •¢¢ru•l6
Amounts falllng du8 wlthln on•y••r
20.04.26
30.04.24
Trade credllors
Other creditors
Toxes and so￿01 secuTity
Accruals arwj deferred income
Total
528
2.690
5.721
3,860
1,463
19.595
13,123
14. Trustse rwnunerntlon •nd bonefits
None ofthe trustett have been pawj any remunèrtiion Orr￿eNed ary othtrt**ffts from *) emFloymertYMth Ihe thaiity or a rdaied enbty.
16. TrustWS' •XPgng8¥
The￿ were no transactions beiween th& thaiity trustees in the ¥epthtrKJ perKrfJ.

Llon Landscapès
Yé¥Endthl 30 Apdl 2025
16. Grants and donation5 made
Analysis of grants and donaknons paid linduled ￿ cost of Charitab￿ aCtMt￿I
Granis t
In8tittrtlot)8
30.04.24
Totsl
Analy818
30.04.25 Totsl
Donatio￿ to cor}serv￿eS that parbupated in Ihe Wkllrfe RarwJEr
Challewe
Donations to 01 Jogi Foundation tharitab￿ ttust
9.259
9,259
Don8bon5 to ￿er the c0515 Qflrainiry in L￿ki￿atortt* SOS gwt
Donaiions Iow8rd$ the cost of Lion Rangers wort
Donation lo Naibunga COnse￿ar
Don8iion lo Ilmamusi Conseryancy
Donaiion 10 01 Maisor
Miscellaneou5 Oonalions
18530
4.$60
2.271
2,271
3,059
2,387
9,831
28,167
2.387
16.97fj
23,090
23

Llon Landscapès
Yé¥Endthl 30 Apdl 2025
17. Charrf(y fvnds
17.1 D•tsil% olM•t￿41fUnd1 h￿d and moY•mwtsiluriry Ihw*xvr•rrt r•pryliry pwiod
Fund
bklante$
rri•d
ard
Fund n￿¢$
Purpose and Resirtckns
Type
Futhd balances TraD51erred
Income
General
UR
AzÈC0n*efyati￿Gr￿nlFund CCT 4nd Ru*h*
21.510
-12.YJ8
8.272
ANO Found&bon 2024
0￿1￿$ In Ti
Res0￿1n9¢￿llIttbe[I*ethhUmans
and lar8ecarnfvoregaiount1 Ruaha
11.40J
115.$50
47.854
78.09¥
¢￿V￿and Mgtroyrkz
47.313
34.208
DEFRA Darv￿n
DAMirt C&C- atsj
Cap￿lty bu1￿1￿ In Tanzaria
119.594
17.603
-7B.326
58.931
Dgnni$ Cwry Fund
75.241
44.569
40.672
Disrrfy Conuervatson Fund To *1 Ruth•
Schc4arshipsfor
slu¢ent$ In Ruah
CCT CCT+ Kenyo and Tanz4Th4
R•duthW •r
InL¥eAslw g•noffti lfi
Tonzanii
34.033
EAstCoastZool Bre¥AidZoo
3.978
-6,502
Emoit Kleèn
15.743
.19,922
4.179
FoundAUon Stym GrAnt
50.243
.17,988
32.255
Conf*Ctmltig•tknInSetyJu••r￿L￿￿￿*.
lffne6, CCT benefftb. IL￿. tyrrnw1.
IUCN
19.891
.10,757
8.134
L•ld•n Coniwv4b¢n
T•fund fundi**ty & eo•¥
312
Lyrn IThAf￿
L￿nfi￿ty don•bOrt S•¢tyw*v
S¢hoc4 Wlolileclu
4.eoo
4.eoo
MibNAukoe Countyzo
ConMThabon Fundin￿pp0n￿the*K¢
v4thurThv¢thinlhvRv•hJ L•r￿￿F•.
4.037
4.032
N0￿•4 Z¢
T•fund LEO ￿*r**I tMI*
20.13$
.oaJ
-28.790
36.438
NAWRI
CCT 4nd ￿n￿r¥•I￿ prow•m.
34.316
59.079
.70,849
22.748
Oryx Llrnited
D•rthn LFL. Devdomxntd L
Frlendly LiveJlod¢ In Kthryo
Zwn•bu tnp to Ug•n¢J•
14.381
42.160
40.177
18.384
OxTorO I Induwvlty
4ccèleratsri
-8,289
-2.758
ROYBI Alrlc4n Found•bon
Cc41aring In L4iknp
7.862
-7.017
8.374
Sahna knon c￿ServAtiOn-
Safina Lion Conser
Ixynmunity Trap
Scheme
Fu CCT in
.100
763
The CCG TruBI
Fwdl by St*l* tLw4rthth• L
Delendets in RuahA
700
On trainitv
on Rawern & tt8ining afvj of
Community Rawor&
The NabJre Conservarty
240.41S
-237,35S
80.662
The NabJre C￿Se￿anty
Ht4$h￿- PPB
23.383
4,*S
53.716
The NabJre ConseNarty
Wildlrfe Protertvjn & Anti-PoachiD8
Activities
SM21 -SdÈnes. DVD nights *no£th
onAI cosis In Keryè
10.489
-2.728
TuJkTtUSt
11.
-10.354
71S
ETrK4utiQn G￿nt-0p￿￿¢*I8 In Ruaha
ILD. Conffio tyTreTS •id W￿?$1.
TuskTru$i
24.013
-37,425
31.58e
24

Llon Landscapès
Yé¥Endthl 30 Apdl 2025
Tusk Trugt
VThC 23.sUprthM￿th0 LKn Raws
ograM)e
25.439
24.th)0
-27,673
21,76S
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balanc
rrf•d
foThYard
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Purp>s•aThl R•stricliDn
Ty
Fund ￿anCeS
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UniYersityoIoxl￿d
Imps
PGAAF
6.703
157.465
2ty).114
-169.408
Iif? Cons•NationlLion
Recovery Fund)
LRF-RUaha-COnfl￿t ￿tr￿al￿ In
Ruah4 IS£lane$. CCT t¢ndrts.
Oprati￿ cwtsl
Research and cOrAeNa1K￿1TrthQ Sqlws
osygtérn
46.717
-9,593
I￿,880
lif& CMsèNationlLi
R8cov8ry Fundl
lil? CtsnxefvAtlon{Li
Recovèry Fundl
lif& ConsèNAtionlLion
Recovery Fundl
170.n7
47,05S
PhD for
3.$47
3.547
L￿k1￿*
79.238
7,051
To Sustain hurnan-wlL*le conffK4
rnitwatson ryograrnrno$in tho Fluth•
d5cBpe and th*
a1¢4PO
C4mwtJM in Sd
LD pragrBrnA In RuBh
Woodland Park
15.928
.12,298
3,630
WNF
ZooK4IBrtd
J1.525
41.7U
-7.742
6.M1
3.551
Zoo EnE44nd
•nd conseThe larycamwes
.7,487
8,083
The NorthC3rolina 200
Addresshi8ConseNatirffiThreats
Tanzania'5 Se￿u$ Landscape
11.gjl
.7,654
4,250
Phoenlx Zoo
InrreaslngConseNatkin Xnowled8e
andAwarene$5thiou8h WildlrfeCl¥bs
in Southern Tanzani•.
.70$
Rotterdam Zoo
In support of 5imba Scholarship
ProBrammewhichdire<tlyaddre5se5
the educa¢ional chaI￿nge5 lafed by
vulnerab￿ famil￿.
78
3,285
Tolal i•Jlikted Inc¢￿fund¥
Tolal Fund•i• pei bdarKe iheol
1.913 634
1.458.084
-1.231.580
2.140.029
R ￿ r•￿￿￿•￿ Incom•fuhd* UR A unr•*thet•d hJf
25

Llon Landscapès
Yé¥Endthl 30 Apdl 2025
17.2 Detalls of materfd fvnds movemerts the we¥lousreptyOw pwlod
Fund
bAlan¢*$
¢*rri
fornaril
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Purpos• and R•6iwfjclfjons
Ty
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lTrcun•
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Genernl
UR
DEFRA D&Min
Dar￿n C&C- CwnNtyt¢rthncffjr¥J aThl
Cap￿ bu1￿1￿ In T4nzaTha
63.120
99.577
43.103
119.$94
East Coa*zc
SIL￿entS In RuahA
-3.442
7.fj89
L8iden Cons8rvgbon
Tofund
-15D
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Tofund LEO saaiKs& tosis
DaThMn LFL-
FMndly Liveslork In K•rya
2.979
18,tsJ9
53
20.15$
Oryx L1Th￿d
791
48.44$
45.05$
14.381
Safina bon CwsoNatyon-
S4hna ¢￿￿Or
eommunity CAmor* TrAP
Schem•
CCT wnBras In
-10D
363
on cdkiriro 8UFPYtcl
Th• N•iyr• C¢nwv4nty
35.167
69.650
-27.69$
77.622
Communily R&weiS
The Nalure
Hdihus- PP8 derrrf
1•.101
24.647
4.21
Tujk Tnjbi
SMZ1 -$￿￿n•*. DVD ￿1hts •h0<¢P•t
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192
-2,238
11.C69
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CCT banefft* & othei c￿11.
Tu•k Tw•1
15.$23
35.Cth)
-28.510
24.013
Tuik Tru•i
WRC 23. SLywtforty*Lkffi Rwyjern
14.268
21.083
.9.912
25.439
Tujk Truil
L•*rning w*rtio *rtlh•l Vg•CI
Ic<4thboratsonl
Cothhet mitiQAbOn In Setyjui ana L￿￿1¥
Sal￿e3. ceT boneffti. lu￿. II1¥18Pts1.
IUCN
-26.919
121.939
-7e.02Q
Idlil* Con**ty*iw (Lv
Rèetsvtty Fundi
LRF44uBho- Connk4 In
RuahJI5a￿noJ, CCT ternfft•,
IC¢.74S
42.nj
tè.75a
Wldlile ¢onury8lKY ILK*i R•se4rch in1￿
Rècovtty Fundi
4coiy*tem
Wldlile Con*eNabM (Lban
RKovery Fund)
47,192
170.n7
3.$47
Wldlile Conuryaliw ILDI
ROc￿ry Fundl
Cc41abornbon waM¥¥hh LCMO
3.719
-3,719
cal￿￿e Suf¥eyJ In S￿$
12.Z25
39,092
-19,791
31.528
Az4ConeervotiwGrOM Fund CCT and purk1nF0T•￿0Th￿ Ru
23,757
-2.247
21.510
BAND Fovndwion 2024
Disnvy Wodo
Eme$t Kleen
Opw￿1r￿$ In Tz
59.W2
39.304
47,899
11.403
38.304
15.743
CCT CCT+ K￿8 and Tan2aTh8
4.257
NAWRI
(knJied resetrth in
55.2Q7
-24.891
34.316
Oxlord I Ind￿vIty
4CceleratOrl
ROYAL AFRICAN
FOUNDATION- ROYAL
AFRICAN FOUNDATION
Unlver6tyol Oxlord
zwn•￿ bip to Ugar
976
443
533
Cr41aiing In Laiknpa
7,847
7.729
42.847
3e.759

Llon Landscapès
Yé¥Endthl 30 Apdl 2025
Fund
balanc•s
C&rried
forw4rd
Fund names
PurI￿ea￿d Resirtcoons
Type
Fund tr￿ar￿•
Tr*n$f4rr4d
life CDnseN8tionlLi
Recovery Fund)
Miami
NWN &r￿land
39.284
39.284
LD prryrwns in Ru8ha
11.941
7.926
-7,549
4.392
7.926
TotBI restncied irKome funds
Tot￿ Funds as per b&lan￿ sheet
791.797
1.974.852
-853.015
1.913.634
- r8slrit*8d IncoM8fu￿S UR