Lakeside Holding Ltd
For the period ended Dec 31, 2024. Filed Feb 14, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2024 · Filed Feb 14, 2025
QNME$0.34+5.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Consolidated Balance Sheets
CONDENSED CONSOLIDATED BALANCE SHEETS
| As of December 31, 2024 (unaudited) | As of June 30, 2024 (audited) | |
|---|---|---|
| ASSETS | ||
| CURRENT ASSETS | ||
| Cash | $1,123,414 | $123,550 |
| Accounts receivable – third parties, net | 1,645,774 | 2,082,152 |
| Accounts receivable – related party, net | 207,293 | 763,285 |
| Prepayment and other receivable | 49,476 | - |
| Contract assets | 31,388 | 129,506 |
| Inventory, net | 10,328 | - |
| Due from related parties | 682,980 | 441,279 |
| Loan to a third party | 686,697 | - |
| Total current assets | 4,437,350 | 3,539,772 |
| NON-CURRENT ASSETS | ||
| Investment in other entity | 15,741 | 15,741 |
| Property and equipment at cost, net of accumulated depreciation | 514,073 | 344,883 |
| Intangible asset, net | 418,867 | - |
| Right of use operating lease assets | 4,074,617 | 3,471,172 |
| Right of use financing lease assets | 110,998 | 37,476 |
| Deferred tax asset | - | 89,581 |
| Deferred offering costs | - | 1,492,798 |
| Deposit and prepayment | 265,480 | 202,336 |
| Total non-current assets | 5,399,776 | 5,653,987 |
| TOTAL ASSETS | $9,837,126 | $9,193,759 |
| LIABILITIES AND EQUITY | ||
| CURRENT LIABILITIES | ||
| Accounts payables – third parties | $1,233,142 | $1,161,858 |
| Accounts payables – related parties | 71,557 | 227,722 |
| Accrued liabilities and other payables | 1,244,501 | 1,335,804 |
| Current portion of obligations under operating leases | 2,203,766 | 1,186,809 |
| Current portion of obligations under financing leases | 48,865 | 37,619 |
| Loans payable, current | 609,935 | 746,962 |
| Dividend payable | - | 98,850 |
| Tax payable | 79,825 | 79,825 |
| Due to shareholders | - | 1,018,281 |
| Total current liabilities | 5,491,591 | 5,893,730 |
| NON-CURRENT LIABILITIES | ||
| Loans payable, non-current | 174,846 | 136,375 |
| Deferred tax liabilities | 104,717 | - |
| Obligations under operating leases, non-current | 2,339,439 | 2,506,402 |
| Obligations under financing leases, non-current | 80,252 | 17,460 |
| Total non-current liabilities | 2,699,254 | 2,660,237 |
| TOTAL LIABILITIES | $8,190,845 | $8,553,967 |
| Commitments and Contingencies | ||
| EQUITY | ||
| Common stocks, $0.0001 par value, 200,000,000 shares authorized, 7,500,000 and 6,000,000 issued and outstanding as of December 31, 2024 and June 30, 2024, respectively | 750 | 600 |
| Subscription receivable | - | (600) |
| Additional paid-in capital | 4,942,791 | 642,639 |
| Accumulated other comprehensive income | (9,214) | 2,972 |
| Deficits | (3,288,046) | (5,819) |
| Total equity | 1,646,281 | 639,792 |
| TOTAL LIABILITIES AND EQUITY | $9,837,126 | $9,193,759 |
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