Company: LSEB
Filing Date: 2025-07-15
Form Type: 10-K
Source: 0001199835-25-000233
Chunk: 391

Company: LSEB Creative Corp.
Filing Date: 2025-07-15
Form: 10-K
Item: Item 4
Chunk 391
---
 March 31, 2025  
    March 31, 2024 
  
    Cost 

    Opening 
     5,692  
     2,744 
  
    Addition 
     —  
     2,948 
  
    Disposal 
     —  
     — 
  
    Closing 
     5,692  
     5,692 
  
    Accumulated Depreciation 

    Opening 
     2,450  
     1,737 
  
    Depreciation 
     868  
     713 
  
    Closing 
     3,318  
     2,450 
  
    Net Book Value 
     2,374  
     3,242 

7.ADVANCES
FROM A RELATED PARTY & RELATED PARTY TRANSACTIONS

These
advances are from a shareholder of the Company. The amount is non-interest bearing, unsecured and due on demand. The carrying value of
the advances approximates the market value due to the short-term maturity of the financial instruments.

Schedule of Advances from Related Party

    March 31,  
    March 31, 

    2025  
    2024 

    $  
    $ 
  
    Jordan Starkman 
     113,119  
     67,650 
  
    Lauren Bentley 
     3,477  
     1,820 
  
    TOTAL 
     116,596  
     69,470 

The
Company’s transactions with related parties were carried out on normal commercial terms and in the course of the Company’s
business. Other than those disclosed elsewhere in the financial statements, the related party transactions for the year ending March
31, 2025 were $15,903 (March 31, 2024: $29,694). The related party transactions is attributed to Lauren Bentley’s consulting fees
and rent payable to Jordan Starkman.

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    LSEB
    Creative Corp.
  
    Notes
    to Consolidated Financial Statements
  
    For
    the Years Ending March 31, 2025 and 2024

8.STOCKHOLDERS’
DEFICIENCY

Authorized
stock

Preferred
stock

The
Company is authorized to issue 5,000,000 preferred shares with a par value of $0.0001.

Common
stock

The
Company is