Company: LSEB
Filing Date: 2025-07-15
Form Type: 10-K
Source: 0001199835-25-000233
Chunk: 372

Company: LSEB Creative Corp.
Filing Date: 2025-07-15
Form: 10-K
Item: Item 4
Chunk 372
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Furthermore,
the Company reported $47,478 in Consulting Expenses for the year ended March 31, 2025 as compared to $38,277 for the year ended March
31, 2024. The Company expects to reduce its consulting expenses going forward.

We
anticipate generating losses and, therefore, may be unable to continue operations in the future. If we require additional capital, we
will have to issue debt or equity or enter into a strategic arrangement with a third party.

Income
Tax

During
the period from inception (April 3, 2019) to March 31, 2025, we had no provision for income taxes due to the net operating losses incurred.

Off
Balance Sheet Financing

We
have no off-balance sheet arrangements.

Liquidity
and Capital Resources

    Year Ended March 31, 2025  
    Year Ended March 31, 2024 
  
    Net Cash Provided by (Used in) Operating Activities 
    $(152,716) 
    $(133,547)
  
    Net Cash Provided by (Used) in Investing Activities 
    $-  
    $(2,948)
  
    Net Cash Provided by (Used in) Financing Activities 
    $149,126  
    $138,233 
  
    Net Increase (Decrease) in Cash 
    $(3,590) 
    $1,738 

Our
cash balance was $858 and $4,448 for the years ended March 31, 2025 and March 31, 2024, respectively.  We recorded a net loss of
$160,011 and $163,553 for the years ended March 31, 2025 and March 31, 2024, respectively.

39

Cash
used in operating activities during the year ended March 31, 2025, was $152,716, which included an increase of $54,469 for the Company’s
inventory.

We
believe we can satisfy our cash requirements for the next 6 months. We anticipate that our fixed costs made up of legal & accounting
and general & administrative expenses for the next 6 months will total approximately $25,000. Legal and accounting expenses of $20,000
represents the minimum funds needed to sustain operations. The $25,000 will be financed through the Company’s cash balance of $858,
additional financing, net sales, and if needed, an advance from our directors, Lauren Bentley and