Company: LSEB
Filing Date: 2025-07-15
Form Type: 10-K
Source: 0001199835-25-000233
Chunk: 45

Company: LSEB Creative Corp.
Filing Date: 2025-07-15
Form: 10-K
Item: Item 1
Chunk 45
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 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 brand’s ecommerce site. For the Company’s second collection, our technical packages,
which includes the technical sketches and all specifications on measurements, construction, trim and fabric Bill of Materials, and all
additional information the manufacturing company will need, have been completed by an outsourced Technical Designer. This subsequent
women’s collection is comprised of six styles in three colorways. The collection has been developed in alignment with our notable
quality standard, made possible with the strategic partnership made with the manufacturer. The design ethos of this collection embraces
subtle fashion characteristics, effortlessly transitioning from the elevated basics that defined the brand’s well-received leading
collection. This release was launched at the end of March 31, 2025 and will mark a significant milestone in the brand’s evolution,
further solidifying Lauren Bentley Swimwear’s position in the luxury swimwear market.

A
significant amount of focus went into the sourcing of collection trims and fabric, as well as brand packaging and labeling. The Company
believes in sourcing based on quality, not ease, in order to develop superior product. Thus, all items are sourced from various countries
and factories depending on capabilities, skills, and technologies.