Company: LSEB
Filing Date: 2025-07-15
Form Type: 10-K
Source: 0001199835-25-000233
Chunk: 279

Company: LSEB Creative Corp.
Filing Date: 2025-07-15
Form: 10-K
Item: Item 2
Chunk 279
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standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged
to perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding
of internal control over financial reporting, but not for the purpose of expressing an opinion on the effectiveness of the Company’s
internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess
the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond
to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.
Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating
the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

Critical Audit Matters

Critical audit matters are matters arising
from the current period audit of the financial statements that were communicated or required to be communicated to the audit committee
and that (1) relate to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging,
subjective, or complex judgments. We determined that there were no critical audit matters.

Aloba, Awomolo & Partners –
PCAOB ID #7275

We have served as the Company’s auditor
since 2025.

Ibadan, Nigeria

July 15, 2025

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    LSEB
    Creative Corp.
  
    CONSOLIDATED
    BALANCE SHEETS
  
    (Expressed
    in US dollars)

    March 31,  
    March 31, 

    2025  
    2024 

    (Audited)  
    (Audited) 

    $  
    $ 
  
    ASSETS 

    Current assets 

    Cash 
     858  
     4,448 
  
    Advances to suppliers 
     —  
     15,143 
  
    Accounts Receivable 
     8,067  
     1,731 
  
    Inventory 
     184,461  
     129,992 
  
    Prepayments and Other Receivables