Company: LSEB
Filing Date: 2025-07-15
Form Type: 10-K
Source: 0001199835-25-000233
Chunk: 127

Company: LSEB Creative Corp.
Filing Date: 2025-07-15
Form: 10-K
Item: Item 1A
Chunk 127
---
 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

Page | 1

    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 
     —  
     178 
  
    Total current assets 
     193,386  
     151,492 

    Non-current assets 

    Equipment, net [Note 6] 
     2,374  
     3,242 
  
    Total assets 
     195,760  
     154,734 

    LIABILITIES AND STOCKHOLDERS’ DEFICIENCY 

    Current liabilities 

    Accounts payable 
     20,835  
     5,881 
  
    Accrued liabilities 
     8,834  
     11,877 
  
    Loan from shareholder 
     10,000  
     — 
  
    Shares to be issued 
     —  
     2,000 
  
    Advances from a related party [Note 7] 
     116,596  
     69,470 
  
    Total current liabilities 
     156,265  
     89,228 

    Stockholders’ deficiency 

    Preferred stock, $0.0001 par value, 5,000,000 shares authorized, Nil preferred shares outstanding at March 31 2025 (March 31,
    2024: Nil), 
     —  
     — 
  
    Common
    stock,