Atlantica (ALDA) 10-K 17 Mar 22 2021 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2021	Mar. 17, 2022	Jun. 30, 2021
Cover [Abstract]
Entity Central Index Key	0001062506
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Amendment Flag	false
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2021
Document Transition Report	false
Entity File Number	000-24379
Entity Registrant Name	ATLANTICA INC
Entity Incorporation, State or Country Code	UT
Entity Tax Identification Number	43-0976473
Entity Address, Address Line One	c/o Richland, Gordon & Company
Entity Address, Address Line Two	11450 SE Dixie Highway
Entity Address, City or Town	Hobe Sound
Entity Address, State or Province	FL
Entity Address, Postal Zip Code	33455
City Area Code	772
Local Phone Number	545-9002
Well-known Seasoned Issuer	No
Voluntary filer	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Ex Transition Period	false
Auditor Attestation Flag	false
Entity Shell Company	true
Entity Public Float			$ 49.17
Number of common stock shares outstanding		2,458,590
Auditor Name	Haynie & Company
Auditor Location	Salt Lake City, Utah
Auditor Firm Id	457

Balance Sheets

Balance Sheets - USD ($)	Dec. 31, 2021	Dec. 31, 2020
CURRENT ASSETS
Cash
Total Current Assets
Total Assets
CURRENT LIABILITIES
Accounts Payable	416,236	381,377
Accounts Payable - Related Parties	1,683,339	1,563,246
Note Payable - Related Parties	617,049	601,094
Interest Payable - Related Parties	662,742	544,781
Total Current Liabilities	3,379,366	3,090,498
Total Liabilities	3,379,366	3,090,498
Commitments and Contingencies
STOCKHOLDERS' EQUITY (DEFICIT)
Preferred Stock: 10,000,000 shares authorized of $0.0001 par value, no shares issued and outstanding
Common Stock: 50,000,000 shares authorized of $0.0001 par value, 2,458,590 shares issued and outstanding	246	246
Additional Paid-in Capital	125,456	125,456
Accumulated Deficit	(3,505,068)	(3,216,200)
Total Stockholders' Equity (Deficit)	(3,379,366)	(3,090,498)
Total Liabilities and Stockholders' Equity (Deficit)

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Preferred Stock, Par or Stated Value Per Share	$ 0.0001	$ 0.0001
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common Stock, Shares Authorized	50,000,000	50,000,000
Common Stock, Par or Stated Value Per Share	$ 0.0001	$ 0.0001
Common Stock, Shares, Issued	2,458,590	2,458,590
Common Stock, Shares, Outstanding	2,458,590	2,458,590

Statements of Operations

Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income Statement [Abstract]
REVENUES
EXPENSES
General and administrative	170,907	220,052
Total expenses	170,907	220,052
OTHER EXPENSE
Interest expense	(117,961)	(104,419)
Total other expense	(117,961)	(104,419)
NET LOSS	$ (288,868)	$ (324,471)
BASIC AND DILUTED LOSS PER SHARE	$ (0.12)	$ (0.13)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING	2,458,590	2,458,590

Statements of Stockholders' Equ

Statements of Stockholders' Equity (Deficit) - USD ($)	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Total
Balance at Dec. 31, 2019	$ 246	$ 125,456	$ (2,891,729)	$ (2,766,027)
Balance, shares at Dec. 31, 2019	2,458,590
Net loss			(324,471)	(324,471)
Balance at Dec. 31, 2020	$ 246	125,456	(3,216,200)	(3,090,498)
Balance, shares at Dec. 31, 2020	2,458,590
Net loss			(288,868)	(288,868)
Balance at Dec. 31, 2021	$ 246	$ 125,456	$ (3,505,068)	$ (3,379,366)
Balance, shares at Dec. 31, 2021	2,458,590

Statements of Cash Flows

Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES
Net Loss	$ (288,868)	$ (324,471)
Changes in operating assets and liabilities:
Increase in accounts payable and accounts payable related party	154,952	183,018
Increase in accrued interest	117,961	104,419
Net Cash Used By Operating Activities	(272,913)	(37,034)
CASH FLOWS FROM INVESTING ACTIVITIES
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from note payable - related party	15,955	37,034
Net Cash Provided by Financing Activities	15,955	37,034
NET INCREASE (DECREASE) IN CASH
CASH AT BEGINNING OF YEAR
CASH AT END OF YEAR
CASH PAID FOR:
Interest
Taxes

SUMMARY OF SIGNFICANT ACCOUNTIN

SUMMARY OF SIGNFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
SUMMARY OF SIGNFICANT ACCOUNTING POLICIES	NOTE 1 - SUMMARY OF SIGNFICANT ACCOUNTING POLICIES This summary of significant accounting policies of Atlantica, Inc. is presented to assist in understanding the Company’s financial statements. The financial statements and notes are representations of the Company’s management, which is responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the United States of America and have been consistently applied in the preparation of the financial statements. a. Organization and Business Activities The financial statements presented are those of Atlantica, Inc. (the Company). The Company was incorporated in the State of Utah on March 3, 1938. The Company name at that time was Red Hills Mining Company. On February 5, 1953, the Company changed its name to Allied Oil and Minerals Company. On January 8, 1971, the Company changed its name to Community Equities Corporation. On March 26, 1996, the Company changed its name to Atlantica, Inc. The Company had two subsidiaries; Keys Equities, Inc. (Keys), a Florida corporation incorporated on July 31, 1996, and Allied Equities, Inc. (Allied), a Florida corporation incorporated on July 15, 1996. On March 1, 1998, the Company transferred its right, title and interest in a mining claim in Utah to Allied. The mining claim had a book value of $0. On March 1, 1998, the Company distributed the shares of the two subsidiaries to its shareholders in a liquidating dividend. The Company has not engaged in any business operations since 1990. The Company’s only activity since that time has consisted of taking actions necessary to restore and preserve its good standing in the State of Utah. The Company presently has no assets. The Company intends to continue to seek out the acquisition of assets, property or a business that may be beneficial to the Company and its stockholders. In considering whether to complete any such acquisition, the Board of Directors will make the final determination and the approval of stockholders will not be sought unless required by applicable law, the articles of incorporation or bylaws of the Company or contract. b. Accounting Method The Company’s financial statements are prepared using the accrual method of accounting. The Company has elected a December 31 year-end. c. Estimates The preparations of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. d. Cash and Cash Equivalents The Company considers all highly liquid investments with original maturities at the date of purchase of three months or less to be cash equivalents. 20 ATLANTICA, INC. Notes to Audited Financial Statements December 31, 2021 NOTE 1 - SUMMARY OF SIGNFICANT ACCOUNTING POLICIES (Continued) e. Income Taxes The Company utilizes an asset and liability approach for financial accounting and reporting for income taxes. Deferred income taxes are provided for temporary differences in the bases of assets and liabilities as reported for financial statement and income tax purposes. Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carry-forwards for Federal income tax reporting purposes are subject to annual limitations. Should a change in ownership occur, net operating loss carry-forwards may be limited as to use in the future. Deferred income taxes are provided using the liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carryforwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of the changes in tax laws and rates of the date of enactment. When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50 percent likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is reflected as a liability for unrecognized tax benefits in the accompanying balance sheet along with any associated interest and penalties that would be payable to the taxing authorities upon examination. Interest and penalties associated with unrecognized tax benefits are classified as operating expenses in the statement of income. f. Basic Loss Per Share The computation of basic (loss) per share of common stock is based on the weighted average number of shares outstanding during the period. December 31, 2021 December 31, 2020 Income (Numerator) $(288,868) $(324,471) Shares (Denominator) 2,458,590 2,458,590 Per Share Amount $(0.12) $(0.13) 21 ATLANTICA, INC. Notes to Audited Financial Statements December 31, 2021 NOTE 1 - SUMMARY OF SIGNFICANT ACCOUNTING POLICIES (Continued) g. Revenue Recognition Policy The Company currently has no source of revenues. Revenue recognition policies will be determined when principal operations begin. h. Recent Accounting Pronouncements The Company has reviewed all other recently issued, but not yet adopted, accounting standards in order to determine their effects, if any, on its results of operation, financial position or cash flows. Based on that review, the Company believes that none of these pronouncements will have a significant effect on its financial statements.

GOING CONCERN

GOING CONCERN	12 Months Ended
	Dec. 31, 2021
Going Concern
GOING CONCERN	NOTE 2 - GOING CONCERN The Company’s financial statements are prepared using accounting principles generally accepted in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not established revenues sufficient to cover its operation costs. In addition, the Company has no assets, a working capital deficit and accumulated losses. This raises substantial doubt about its ability to continue as a going concern. The Company is seeking the acquisition of, or merger with, an existing operating company. The financial statements do not include any adjustments relating to the recoverability and classification of assets or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. The Company is relying on its principal shareholder to pay all of its operating and other expenses until it can complete a reorganization or merger. While the Company's principal stockholder currently pays the Company's limited operating and other expenses, on the Company's behalf, that principal stockholder is not obligated to pay any of those expenses and the Company can provide no assurance that such stockholder will continue to pay any of those expenses in the future. This stockholder paid a total of $15,955 in expenses for the Company in the year ended December 31, 2021, increasing the aggregate principal amount of a demand note held by this stockholder to $617,049, plus accrued interest of $662,742, as of December 31, 2021.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 3 - INCOME TAXES Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carryforwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. The Tax Cuts and Jobs Act was enacted on December 22, 2017, which reduced the U.S. corporate statutory tax rate from 35% to 21% beginning on January 1, 2018. We used 26% as an effective tax rate. 22 ATLANTICA, INC. Notes to Audited Financial Statements December 31, 2021 NOTE 3 - INCOME TAXES (Continued) Net deferred tax liabilities consist of the following components as of December 31, 2021 and 2020: 2021 2020 Deferred tax assets NOL Carryforward $ 217,504 $ 206,833 Related Party Accruals 492,677 442,686 Deferred tax liabilities Valuation allowance (710,181) (649,519) Net deferred tax asset $ - $ - The income tax provision differs from the amount of income tax determined by applying the U.S. federal income tax rate to pretax income from continuing operations for the years ended December 31, 2021 and 2020 due to the following: 2021 2020 Book Income (Loss) $ (60,662) $ (68,139) Related Party Payable $ 49,991 $ 47,810 Change in Valuation allowance 10,671 20,329 $ - $ - At December 31, 2021, the Company had net operating loss carryforwards of $1,035,700 that may be offset against future taxable income from the year 2022 through 2041. No tax benefit has been reported in the December 31, 2021 financial statements since the potential tax benefit is offset by a valuation allowance of the same amount. Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carryforwards for Federal income tax reporting purposes are subject to annual limitations. Should a change in ownership occur, net operating loss carryforwards may be limited as to use in future years. The Company files income tax returns in the U.S. federal jurisdiction, and the state of Utah jurisdiction. The Company is subject to U.S. federal, state and local income tax examinations by tax authorities for years 2017 through 2020.

COMMON STOCK

COMMON STOCK	12 Months Ended
	Dec. 31, 2021
Stockholders' Equity Note [Abstract]
COMMON STOCK	NOTE 4 - COMMON STOCK On January 26, 2007, the majority stockholders of the Company voted in favor of amending and restating the Company’s Articles of Incorporation to change the total number of shares which the corporation shall be authorized to issue to 60,000,000 shares of capital stock, such total number of shares shall consist of 50,000,000 shares of $0.0001 par value common voting stock and 10,000,000 shares of preferred stock, having a par value of $0.0001 per share.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2021
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 5 - RELATED PARTY TRANSACTIONS Expenses during the years ended December 31, 2007 through December 31, 2021 were paid by Mirabella Holdings, LLC, the Company's majority shareholder, and recorded as loans by shareholders totaling $617,049 at December 31, 2021. Expenses of $15,955 were paid during the year ended December 31, 2021. The accrued interest related to the outstanding loans was $662,742 as of December 31, 2021, and $544,781 as of December 31, 2020. The loans are evidenced by a promissory note, are unsecured, are due on demand and accrue interest at the rate of 10% per annum, compounded quarterly. No payments were made during the year ended December 31, 2021. Accrued interest for the year ended December 31, 2007 was immaterial and has been accrued in each of the years ended December 31, 2008 through December 31, 2021. The note was issued by the Company on April 29, 2009 and covers all loans made by Mirabella Holdings, LLC to the Company since November 6, 2007, as well as all loans made since that date and any such loans that may be made by Mirabella Holdings, LLC in the future. A copy of the note was filed as an exhibit to our Annual Report for the year ended December 31, 2008; see Part IV, Item 15 of this Report. Pursuant to the Management Services Agreement (the “Management Services Agreement”) with Richland, Gordon & Company, (“Richland”) we accrued management fees payable to Richland totaling $120,000 during the year ended December 31, 2021, which fees, along with any other management fees that may subsequently accrue, are due and payable to Richland if and when such an acquisition or financing is completed by the Company. A copy of the Management Services Agreement was filed as an exhibit to our Annual Report for the year ended December 31, 2008; see Part IV, Item 15 of this Report.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2021
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 6 - SUBSEQUENT EVENTS The Company has evaluated subsequent events pursuant to ASC Topic 855 from the balance sheet date through the date the financial statements were issued, and determined there are no events to disclose.

SUMMARY OF SIGNFICANT ACCOUNT_2

SUMMARY OF SIGNFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Business Activities	a. Organization and Business Activities The financial statements presented are those of Atlantica, Inc. (the Company). The Company was incorporated in the State of Utah on March 3, 1938. The Company name at that time was Red Hills Mining Company. On February 5, 1953, the Company changed its name to Allied Oil and Minerals Company. On January 8, 1971, the Company changed its name to Community Equities Corporation. On March 26, 1996, the Company changed its name to Atlantica, Inc. The Company had two subsidiaries; Keys Equities, Inc. (Keys), a Florida corporation incorporated on July 31, 1996, and Allied Equities, Inc. (Allied), a Florida corporation incorporated on July 15, 1996. On March 1, 1998, the Company transferred its right, title and interest in a mining claim in Utah to Allied. The mining claim had a book value of $0. On March 1, 1998, the Company distributed the shares of the two subsidiaries to its shareholders in a liquidating dividend. The Company has not engaged in any business operations since 1990. The Company’s only activity since that time has consisted of taking actions necessary to restore and preserve its good standing in the State of Utah. The Company presently has no assets. The Company intends to continue to seek out the acquisition of assets, property or a business that may be beneficial to the Company and its stockholders. In considering whether to complete any such acquisition, the Board of Directors will make the final determination and the approval of stockholders will not be sought unless required by applicable law, the articles of incorporation or bylaws of the Company or contract.
Accounting Method	b. Accounting Method The Company’s financial statements are prepared using the accrual method of accounting. The Company has elected a December 31 year-end.
Estimates	c. Estimates The preparations of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Cash and Cash Equivalents	d. Cash and Cash Equivalents The Company considers all highly liquid investments with original maturities at the date of purchase of three months or less to be cash equivalents.
Income Taxes	e. Income Taxes The Company utilizes an asset and liability approach for financial accounting and reporting for income taxes. Deferred income taxes are provided for temporary differences in the bases of assets and liabilities as reported for financial statement and income tax purposes. Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carry-forwards for Federal income tax reporting purposes are subject to annual limitations. Should a change in ownership occur, net operating loss carry-forwards may be limited as to use in the future. Deferred income taxes are provided using the liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carryforwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of the changes in tax laws and rates of the date of enactment. When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50 percent likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is reflected as a liability for unrecognized tax benefits in the accompanying balance sheet along with any associated interest and penalties that would be payable to the taxing authorities upon examination. Interest and penalties associated with unrecognized tax benefits are classified as operating expenses in the statement of income.
Basic Loss Per Share	f. Basic Loss Per Share The computation of basic (loss) per share of common stock is based on the weighted average number of shares outstanding during the period. December 31, 2021 December 31, 2020 Income (Numerator) $(288,868) $(324,471) Shares (Denominator) 2,458,590 2,458,590 Per Share Amount $(0.12) $(0.13)
Revenue Recognition Policy	g. Revenue Recognition Policy The Company currently has no source of revenues. Revenue recognition policies will be determined when principal operations begin.
Recent Accounting Pronouncements	h. Recent Accounting Pronouncements The Company has reviewed all other recently issued, but not yet adopted, accounting standards in order to determine their effects, if any, on its results of operation, financial position or cash flows. Based on that review, the Company believes that none of these pronouncements will have a significant effect on its financial statements.

SUMMARY OF SIGNFICANT ACCOUNT_3

SUMMARY OF SIGNFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Loss per share	December 31, 2021 December 31, 2020 Income (Numerator) $(288,868) $(324,471) Shares (Denominator) 2,458,590 2,458,590 Per Share Amount $(0.12) $(0.13)

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Schedule of Deferred Tax Assets and Liabilities	Net deferred tax liabilities consist of the following components as of December 31, 2021 and 2020: 2021 2020 Deferred tax assets NOL Carryforward $ 217,504 $ 206,833 Related Party Accruals 492,677 442,686 Deferred tax liabilities Valuation allowance (710,181) (649,519) Net deferred tax asset $ - $ -
Schedule of Effective Income Tax Rate Reconciliation	The income tax provision differs from the amount of income tax determined by applying the U.S. federal income tax rate to pretax income from continuing operations for the years ended December 31, 2021 and 2020 due to the following: 2021 2020 Book Income (Loss) $ (60,662) $ (68,139) Related Party Payable $ 49,991 $ 47,810 Change in Valuation allowance 10,671 20,329 $ - $ -

SUMMARY OF SIGNFICANT ACCOUNT_4

SUMMARY OF SIGNFICANT ACCOUNTING POLICIES (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Income (Numerator)	$ (288,868)	$ (324,471)
Shares (Denominator)	2,458,590	2,458,590
Per Share Amount	$ (0.12)	$ (0.13)

GOING CONCERN (Details)

GOING CONCERN (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Going Concern
Proceeds from note payable - related party	$ 15,955	$ 37,034
Note Payable - Related Parties	617,049	601,094
Interest Payable - Related Parties	$ 662,742	$ 544,781

INCOME TAXES (Narrative) (Detai

INCOME TAXES (Narrative) (Details)	12 Months Ended
	Dec. 31, 2021USD ($)
Operating Loss Carryforwards [Line Items]
Effective tax rate	26.00%
Operating loss carryforwards	$ 1,035,700
Domestic Tax Authority [Member] | Minimum [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards offset year	2022
Domestic Tax Authority [Member] | Maximum [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards offset year	2041
State and Local Jurisdiction [Member] | Minimum [Member]
Operating Loss Carryforwards [Line Items]
Income tax year under examination	2017
State and Local Jurisdiction [Member] | Maximum [Member]
Operating Loss Carryforwards [Line Items]
Income tax year under examination	2020

INCOME TAXES (Schedule of Defer

INCOME TAXES (Schedule of Deferred Tax Assets and Liabilities) (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Deferred tax assets
NOL Carryforward	$ 217,504	$ 206,833
Related Party Accruals	492,677	442,686
Deferred tax liabilities
Valuation allowance	(710,181)	(649,519)
Net deferred tax asset

INCOME TAXES (Schedule of Effec

INCOME TAXES (Schedule of Effective Income Tax Rate Reconciliation) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Book Income (Loss)	$ (60,662)	$ (68,139)
Related Party Payable	49,991	47,810
Change in Valuation allowance	10,671	20,329
Total

COMMON STOCK (Details)

COMMON STOCK (Details) - $ / shares	Dec. 31, 2021	Dec. 31, 2020	Jan. 26, 2007
Stockholders' Equity Note [Abstract]
Total authorized stock			60,000,000
Common Stock, Shares Authorized	50,000,000	50,000,000
Common Stock, Par or Stated Value Per Share	$ 0.0001	$ 0.0001
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Preferred Stock, Par or Stated Value Per Share	$ 0.0001	$ 0.0001

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Related Party Transactions [Abstract]
Note Payable - Related Parties	$ 617,049	$ 601,094
Proceeds from note payable - related party	15,955	37,034
Interest Payable - Related Parties	$ 662,742	$ 544,781
Accounts Payable, Interest-bearing, Interest Rate	10.00%
Total management fees per year	$ 120,000