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Resolved.

I don't think you can run away from your international transcript; these credits were used towards your degree. Even if you waited another year you would still have to send in your LSE transcript. If you did receive all A's for class grades on that transcript, I think that's all that would really matter. If you feel like you need to explain your F on one exam, you can write an addendum but this might be looked down upon as frivolous.

In the UK, you can, at many unis, resit either a module or an exam if you fail it. Are you already back home, or is it possible for you to ask to resit this exam?