leak down is not really reliable specially if your timing is off.
there should be some leakage there since, well, timing is off and you do a leakdown at tdc with the intake and exhaust valves closed right? my recommendation to you, put no1 at tdc, put the pin punches on the camshaft holes, carefully slide out the timing belt off the cam sprockets, move the sprocket a bit (the one thats out) and put the timing belt back on and reccheck your timing. If the belt is loose, just loosen the tensioner bolt, adjust the tension and retighten the tensioner bolt again.

once done, do a compression test and that should determine if your valves in a certain cylinder is not sealing/bent.
if a cylinder has low compression, and you want to pinpoint what is bent, then you do the cylinder leakage test.