Company: LSEB
Filing Date: 2025-07-15
Form Type: 10-K
Source: 0001199835-25-000233
Chunk: 425

Company: LSEB Creative Corp.
Filing Date: 2025-07-15
Form: 10-K
Item: Item 5
Chunk 425
---
Issued Accounting Pronouncements

We
do not expect the adoption of any recently issued accounting pronouncements to have a significant impact on our net results of operations,
financial position, or cash flows of the Company.

Seasonality

The
swimwear industry in North America is seasonal however, we do not expect our sales to be dramatically impacted by seasonal demands for
our products and services since our market is worldwide.

Off-Balance
Sheet Arrangements

The
Company does not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on the
Company’s financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital
expenditures or capital resources that are material to investors.

Effects
of Inflation

We
do believe that inflation will have an impact on our business, revenues or operating results during the periods presented.

41

ITEM
7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

Smaller
reporting companies are not required to provide the information required by this item.

ITEM
8.  FINANCIAL STATEMENTS

Audited
Consolidated Financial Statements

LSEB
Creative Corp.

For
the Years ending March 31, 2025 and 2024

42

    LSEB Creative
    Corp.
  
    Consolidated Financial Statements

    For
    the Years ending March 31, 2025 and 2024

Table
of contents

    Report of Independent Registered Public Accounting Firm
    1

    Consolidated Balance Sheets
    2

    Consolidated Statements of Operations 
    3

    Consolidated Statements of Stockholders Deficiency
    4

    Consolidated Statements of Cash Flows
    5

    Notes to Consolidated Financial Statements
    6
    - 14

    ALOBA,
    AWOMOLO & PARTNERS
    	(Chartered
    Accountants)
    Floor 4, Providence Court, Ajibade
    Bus Stop, Beside CocaCola Ibadan, Oyo State, Nigeria
    Tel: 08055439586, 08034725835
    Email: audits@alobaawomolo.org;
    alobaawomolopartners@gmail.com; website: www.alobaawomolo.org

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM

To the