Company: LSEB
Filing Date: 2025-07-15
Form Type: 10-K
Source: 0001199835-25-000233
Chunk: 411

Company: LSEB Creative Corp.
Filing Date: 2025-07-15
Form: 10-K
Item: Item 5
Chunk 411
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urenbentleyswim.com,
and wholesaler partnerships on a global scale. We believe eCommerce will allow our target market convenient and easy access to our products
while effectively building brand awareness and entry into new markets. We are committed to building a highly recognized brand, offering
captivating customer experiences that drive long-term loyalty. By focusing on these key areas and tactics, we will successfully align
ourselves with our target market and profit accordingly.

During
the year ended March 31, 2025 we have incurred a net loss of $160,011 and have an accumulated deficit of $714,545 as of March 31, 2025.
The ability of the Company to continue as a going concern depends upon its ability to raise adequate financing and develop profitable
operations. If we cannot generate sufficient revenues from our services, we may have to delay the implementation of our business plan.
Management is actively targeting sources of additional financing to provide continuation of the Company’s operations and growth.
In order for the Company to meet its liabilities as they come due and to continue its operations, the Company is solely dependent upon
its ability to generate such financing.

33

The
Company is actively seeking financing for its current business operation. The Company is optimistic that the financing will be secured
and the going concern risk will be removed. Any capital raised will be through a private placement and will result in the issuance of
shares of common stock from the Company’s authorized capital

Our
consolidated audited financial statements are stated in United States Dollars and are prepared in accordance with United States Generally
Accepted Accounting Principles.

Plan
of Operation

The
Company has executed all essential functions, including but not limited to, collection design, technical illustrations and specification,
sourcing trims, fabrics, and yarn, sample making, pattern drafting, manufacturer bulk order placement, and various marketing projects.
The Company has received its bulk production from its factory in September 2023 and the Company launched the brand in October 2023. These
functions have allowed the Company to launch its B2C distribution channel, and the Company is focusing on B2B wholesale partnerships
for additional growth opportunities. Additionally, the Company’s B2C launch will allow the Company to achieve an average target
margin of 55-65% across our four key product categories.

As
of our year end March 31, 2025, the Company has completed a number of the essential functions outlined above. Our first collection launched
in October 2023 in conjunction with the