| Summary of Business and Significant Accounting Policies | 1. Summary of Business and Significant Accounting Policies a. Summary of Business The Company was incorporated under the
laws of the State of Nevada on June 10, 1998 and commenced it business as consulting, training and event Management Company through its
subsidiary. b. Basis of Presentation The accompanying financial statements
have been prepared in accordance with generally accepted accounting principles (“GAAP”) as promulgated in the United States
of America. c. Cash Flows For purposes of the statement of cash
flows, the Company considers all highly liquid investments purchased with a maturity of three months or less to be cash or cash equivalents. d. Net Loss Per Share The net loss per share calculation is
based on the weighted average number of shares outstanding during the period. Net loss per common share is computed
pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net loss per common share is computed by dividing net
loss by the weighted average number of shares of common stock outstanding during the period. Diluted net loss per common share is computed
by dividing net loss by the weighted average number of shares of common stock and potentially dilutive outstanding shares of common stock
during the period to reflect the potential dilution that could occur from common shares issuable through contingent share arrangements,
stock options and warrants. There were no potentially dilutive common shares outstanding for the years ended December 31, 2023 and 2022. e. Use of Estimates The preparation of financial statements
in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain
reported amounts and disclosures. Accordingly, actual results could differ from those estimates. f. Fair Value of Financial Instruments ASC 820-10 requires entities to disclose
the fair value of financial instruments, both assets and liabilities recognized and not recognized on the balance sheet, for which it
is practicable to estimate fair value. ASC 820-10 defines the fair value of a financial instrument as the amount at which the instrument
could be exchanged in a current transaction between willing parties. As of December 31, 2023 and 2022, the carrying value of certain financial
instruments approximates fair value due to the short-term nature of such instruments.The Company follows paragraph 825-10-50-10 of the
FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and paragraph 820-10-35-37 of the
FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments.
Paragraph 820-10-35-37 establishes a framework for measuring fair value in accounting principles generally accepted in the United States
of America (U.S. GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair
value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to
valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority
to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The
three (3) levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below: Level 1 - Quoted market prices available
in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Level 2 - Inputs include quoted prices
for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are
not active, inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates, yield curves, etc.),
and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated
inputs). Level 3 - Unobservable inputs that reflect
our assumptions about the assumptions that market participants would use in pricing the asset or liability. The Company’s financial instruments
are consisted principally of accrued expenses and short term debt. The carrying amounts of such financial instruments in the accompanying
balance sheets approximate their fair values due to their relatively short-term nature. g. Recently Issued Accounting Pronouncements There are no recently Issued Accounting Pronouncements that
may have a material impact on financial position and results. h. Principles of Consolidation The accompanying consolidated financial statements include
the accounts of the Company and its wholly-owned subsidiary, Yummies, SG. All significant intercompany transactions and balances have
been eliminated. i. Foreign Currency Translation The Company follows Section 830-10-45
of the FASB Accounting Standards Codification (“Section 830-10-45”) for foreign currency translation to translate the financial
statements of the foreign subsidiary from the functional currency, generally the local currency, into U.S. Dollars. Section 830-10-45
sets out the guidance relating to how a reporting entity determines the functional currency of a foreign entity (including of a foreign
entity in a highly inflationary economy), re-measures the books of record (if necessary), and characterizes transaction gains and losses.
the assets, liabilities, and operations of a foreign entity shall be measured using the functional currency of that entity. An entity’s
functional currency is the currency of the primary economic environment in which the entity operates; normally, that is the currency of
the environment, or local currency, in which an entity primarily generates and expends cash. The functional currency of each foreign
subsidiary is determined based on management’s judgment and involves consideration of all relevant economic facts and circumstances
affecting the subsidiary. Generally, the currency in which the subsidiary transacts a majority of its transactions, including billings,
financing, payroll and other expenditures, would be considered the functional currency, but any dependency upon the parent and the nature
of the subsidiary’s operations must also be considered. If a subsidiary’s functional currency is deemed to be the local currency,
then any gain or loss associated with the translation of that subsidiary’s financial statements is included in accumulated other
comprehensive income. However, if the functional currency is deemed to be the U.S. Dollar, then any gain or loss associated with the re-measurement
of these financial statements from the local currency to the functional currency would be included in the consolidated statements of comprehensive
income (loss). If the Company disposes of foreign subsidiaries, then any cumulative translation gains or losses would be recorded into
the consolidated statements of comprehensive income (loss). If the Company determines that there has been a change in the functional currency
of a subsidiary to the U.S. Dollar, any translation gains or losses arising after the date of change would be included within the statement
of comprehensive income (loss). Based on an assessment of the factors discussed above, the management of the Company determined the relevant
subsidiaries’ local currencies to be their respective functional currencies. j. Going Concern As
shown in the accompanying financial statements, the Company incurred a net loss of $324 during the three months ended December 31, 2022
and accumulated losses of $349,717 since inception at June 10, 1998 |
