Company: LSEB
Filing Date: 2025-07-15
Form Type: 10-K
Source: 0001199835-25-000233
Chunk: 477

Company: LSEB Creative Corp.
Filing Date: 2025-07-15
Form: 10-K
Item: Item 6
Chunk 477
---
     126,219 
  
    Change in accrued liability 
     (3,043) 
     3,768 
  
    Change in accounts payable 
     14,954  
     786 
  
    Net cash provided by (used) in operating activities 
     (152,716) 
     (133,547)

    INVESTING ACTIVITIES 

    Acquisition of equipment 
     —  
     (2,948)
  
    Net cash used in investing activities 
     —  
     (2,948)

    FINANCING ACTIVITIES 

    Proceeds from Related Parties advances 
     1,693  
     (16,771)
  
    Repayments of Related Parties advances 
     45,433  
     29,474 
  
    Loan from shareholder 
     10,000  
     — 
  
    Issue of common stock, net of issuance costs 
     92,000  
     125,530 
  
    Net cash provided by/(used in) financing activities 
     149,126  
     138,233 

    Net decrease in cash during the year 
     (3,590) 
     1,738 
  
    Cash, beginning of year 
     4,448  
     2,710 
  
    Cash, end of year 
     858  
     4,448 

See
accompanying notes

Page | 5

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

1.NATURE
OF OPERATIONS

LSEB
Creative Corp. was incorporated as “Profit Corporation” on April 3rd, 2019 under Wyoming State regulations with registered
office at 1920 Thomes Ave Ste 610, Cheyenne, WY. On August 3, 2023, the Company incorporated its wholly-owned subsidiary 1000615000 Ontario
Corp, an Ontario corporation, and on September 12, 2023 filed articles of amendment to changed its name to LSEB Creative Corp (Ontario).
The purpose of the subsidiary is for GST/HST tax credits on importing goods into Canada.

LSEB
Creative Corp. is a specialty retailer that offers men and women elevated swimwear designs, constructed