Yale Transaction Finders (YTFD) 10-K 11 Feb 22 2021 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Feb. 11, 2022	Jun. 30, 2021
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Dec. 31, 2021
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2021
Current Fiscal Year End Date	--12-31
Entity File Number	000-52528
Entity Registrant Name	YACHT FINDERS, INC.
Entity Central Index Key	0001311673
Entity Tax Identification Number	76-0736467
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	41 Ulua Place
Entity Address, City or Town	Haiku
Entity Address, State or Province	HI
Entity Address, Postal Zip Code	96708
City Area Code	808
Local Phone Number	573-6163
Title of 12(b) Security	Common Stock, par value $0.0001
Trading Symbol	YTFD
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	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	false
Entity Shell Company	true
Entity Public Float				$ 0
Entity Common Stock, Shares Outstanding			5,199,000
ICFR Auditor Attestation Flag	false
Auditor Firm ID	6285
Auditor Name	Boyle CPA, LLC
Auditor Location	Red Bank, NJ
Prager Metis CPA, LLC [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Auditor Firm ID		273
Auditor Name		Prager Metis CPAs, LLC
Auditor Location		Basking Ridge, NJ

Balance Sheets

Balance Sheets - USD ($)	Dec. 31, 2021	Dec. 31, 2020
ASSETS
TOTAL ASSETS
Current liabilities
Accrued liabilities	37,092	27,842
Accrued interest-related party	338,502	292,605
Note payable—related party	783,122	748,248
Total current liabilities and total liabilities	1,158,716	1,068,695
Stockholders’ deficit
Preferred stock, par value $0.0001, 20,000,000 shares authorized, no shares issued and outstanding at December 31, 2021 and December 31, 2020
Common stock, par value $0.0001, 80,000,000 shares authorized, 5,199,000 shares issued and outstanding at December 31, 2021 and December 31, 2020	520	520
Additional paid-in capital	49,280	49,280
Accumulated Deficit	(1,208,516)	(1,118,495)
Total stockholders’ deficit	(1,158,716)	(1,068,695)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	20,000,000	20,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	80,000,000	80,000,000
Common stock, shares issued	5,199,000	5,199,000
Common stock, shares outstanding	5,199,000	5,199,000

Statements of Operations

Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income Statement [Abstract]
REVENUES
OPERATING EXPENSES:
General and administrative	24,125	27,235
Management Fees—related party	20,000	40,000
TOTAL OPERATING EXPENSES	44,125	67,235
OTHER EXPENSES:
Interest expense – related party	45,896	42,885
LOSS FROM OPERATIONS	(90,021)	(110,120)
NET LOSS BEFORE INCOME TAXES	(90,021)	(110,120)
Provision for income taxes
NET LOSS	$ (90,021)	$ (110,120)
NET LOSS PER SHARE (BASIC AND DILUTED)	$ (0.02)	$ (0.02)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING—BASIC AND DILUTED	5,199,000	5,199,000

Statement of Changes in Stockho

Statement of Changes in Stockholders' Deficit - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Beginning balance, value at Dec. 31, 2019	$ 520	$ 49,280	$ (1,008,375)	$ (958,575)
Beginning balance, shares at Dec. 31, 2019	5,199,000
Net Loss			(110,120)	(110,120)
Ending balance, value at Dec. 31, 2020	$ 520	49,280	(1,118,495)	(1,068,695)
Ending balance, shares at Dec. 31, 2020	5,199,000
Net Loss			(90,021)	(90,021)
Ending balance, value at Dec. 31, 2021	$ 520	$ 49,280	$ (1,208,516)	$ (1,158,716)
Ending balance, shares at Dec. 31, 2021	5,199,000

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	$ (90,021)	$ (110,120)
Changes in operating assets and liabilities:
Accrued interest- related party	45,896	42,885
Accrued liabilities	9,250	9,950
NET CASH USED IN OPERATING ACTIVITIES	(34,875)	(57,285)
CASH FLOWS FROM FINANCING ACTIVITIES:
Increase in note payable-related party	34,875	57,285
NET CASH PROVIDED BY FINANCING ACTIVITIES	34,875	57,285
INCREASE (DECREASE) IN CASH
CASH – BEGINNING OF YEAR
CASH – END OF YEAR
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for interest
Cash paid for taxes

ORGANIZATION AND BASIS OF PRESE

ORGANIZATION AND BASIS OF PRESENTATION	12 Months Ended
	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND BASIS OF PRESENTATION	(1) ORGANIZATION AND BASIS OF PRESENTATION Yacht Finders, Inc. (the “Company”) was incorporated in Delaware on August 15, 2000 as Sneeoosh Corporation. On October 20, 2000 the company filed an amended Certificate of Incorporation to change the name to Snohomish Corporation. On April 15, 2003 the company filed a subsequent amendment to change the name to Yacht Finders, Inc. Yacht Finder’s Inc. business plan was to create an online database for public buyers and yacht brokers to interface immediately with each other while capturing the benefits of targeting a larger market. On November 6, 2007, the Company discontinued its business plan. The Company’s business plan now consists of exploring potential targets for a business combination through the purchase of assets, share purchase or exchange, merger or similar type of transaction.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	(2) SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The Company’s financial statements are presented in accordance with accounting principles generally accepted (GAAP) in the United States. Effective December 31, 2014, the Company elected to early adopt Accounting Standards Update No. 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements. The adoption of this ASU allows the Company to remove the inception to date information and other remaining disclosure requirements of topic 915. USE OF ESTIMATES The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. REVENUE RECOGNITION The Company has not recognized any revenues from its operations. CASH AND CASH EQUIVALENTS The Company considers all highly liquid securities with original maturities of three months or less when acquired to be cash equivalents. LOSS PER COMMON SHARE The Company reports loss per share using a dual presentation of basic and diluted loss per share. Basic loss per share excludes the impact of common stock equivalents and is determined by dividing income available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted loss per share reflects the potential dilution that could occur if securities and other contracts to issue common stock were exercised or converted into common stock. At December 31, 2021 and December 31, 2020, there were no variances between the basic and diluted loss per share as there were no potentially dilutive securities outstanding. INCOME TAXES The Company accounts for income taxes under the provisions of Accounting Standards Codification (“ASC”) ASC-740 “Accounting for Income Taxes”. ASC-740 requires recognition of deferred tax liabilities and assets for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax liabilities and assets are determined based on the difference between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. YACHT FINDERS, INC. Notes to Financial Statements (2) SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CON’T) In addition, ASC-740 seeks to reduce the diversity in practice associated with certain aspects of the recognition and measurement related to accounting for income taxes and has analyzed filing positions in all of the federal and state jurisdictions where it is required to file income tax returns, as well as all open tax years in these jurisdictions. The Company has identified its federal income tax return and its state franchise tax return in Delaware as “major” tax jurisdictions, as defined. The Company believes that its income tax filing positions and deductions will be sustained on audit and does not anticipate any adjustments that will result in a material adverse effect on the Company’s financial condition, results of operations, or cash flow. Therefore, no reserves for uncertain income tax positions have been recorded pursuant to ASC-740. FAIR VALUE MEASUREMENTS The Company adopted the provisions of ASC Topic 820, “Fair Value Measurements and Disclosures”, which defines fair value as used in numerous accounting pronouncements, establishes a framework for measuring fair value and expands disclosure of fair value measurements. The estimated fair value of certain financial instruments, including, payables to related parties, and accrued liabilities are carried at historical cost basis, which approximates their fair values because of the short-term nature of these instruments. ASC 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 describes three levels of inputs that may be used to measure fair value: Level 1 — quoted prices in active markets for identical assets or liabilities Level 2 — quoted prices for similar assets and liabilities in active markets or inputs that are observable Level 3 — inputs that are unobservable (for example cash flow modeling inputs based on assumptions) The Company has no financial instruments measured at fair value NEW ACCOUNTING PRONOUNCEMENTS From time to time new accounting pronouncements are issued by the Financial Accounting Standards Board or other standard setting bodies that may have an impact on the Company’s accounting and reporting. The Company believes that such recently issued accounting pronouncements and other authoritative guidance for which the effective date is in the future will not have an impact on its accounting or reporting or that such impact will not be material to its financial position, results of operations and cash flows when implemented.

GOING CONCERN

GOING CONCERN	12 Months Ended
	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN	(3) GOING CONCERN The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. The Company has not generated any revenue since inception. The Company generated a net loss of $ 90,021 1,158,716 In December 2019, an outbreak of a novel strain of coronavirus (COVID-19) originated in Wuhan, China, and has since spread to a number of other countries, including the United States. On March 11, 2020, the World Health Organization characterized COVID-19 as a pandemic. In addition, as of the time of the filing of this Annual Report on Form 10-K, several states in the United States and elsewhere have declared states of emergency, and several countries around the world, including the United States, have taken steps to restrict travel. While the Company presently has no ongoing operations or employees, this situation could limit the market for a merger partner for a strategic business combination. Any of these uncertainties could have a material adverse effect on the business, financial condition or results of operations. In addition, a catastrophic event that results in the destruction or disruption of the Company’s data centers or its critical business or information technology systems would severely affect the ability to conduct normal business operations and, as a result, the operating results would be adversely affected. YACHT FINDERS, INC. Notes to Financial Statements

STOCKHOLDERS_ DEFICIT

STOCKHOLDERS’ DEFICIT	12 Months Ended
	Dec. 31, 2021
Equity [Abstract]
STOCKHOLDERS’ DEFICIT	(4) STOCKHOLDERS’ DEFICIT The stockholders’ deficit section of the financial statements contains the following classes of capital stock as of December 31, 2021 and 2020: * Preferred stock, $ 0.0001 20,000,000 no * Common stock, $ 0.0001 80,000,000 5,199,000

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2021
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	(5) RELATED PARTY TRANSACTIONS At December 31, 2021 and 2020, the Company had loans and notes outstanding from Fountainhead Capital Management Limited (a shareholder) in the aggregate amount of $ 783,122 748,248 338,502 292,605 December 31, 2022 The following table details related party debt on a year-by-year basis: SCHEDULE OF RELATED PARTY DEBT As of As of Principal balance $ 783,122 $ 748,248 Accrued Interest $ 338,502 $ 292,605 In October 2007, the Company entered into a Services Agreement with Fountainhead Capital Management Limited (“FHM”), a shareholder who owns 98.48 (a) FHM will familiarize itself to the extent it deems appropriate with the business, operations, financial condition and prospects of the Company; (b) At the request of the Company’s management, FHM will provide strategic advisory services relative to the achievement of the Company’s business plan; (c) FHM will undertake to identify potential merger and acquisition targets for the Company and assist in the analysis of proposed transactions; (d) FHM will assist the Company in identifying potential investment bankers, placement agents and broker-dealers who are qualified to act on behalf of the Company to achieve its strategic goals. (e) FHM will assist in the identification of potential investors which might have an interest in evaluating participation in financing transactions with the Company; (f) FHM will assist the Company in the negotiation of merger, acquisition and corporate finance transactions; (g) At the request of the Company’s management, FHM will provide advisory services related to corporate governance and matters related to the maintenance of the Company’s status as a publicly-reporting company; and (h) At the request of the Company’s management, FHM will assist the Company in satisfying various corporate compliance matters. FCM is not a licensed broker-dealer. Under no circumstances will FCM engage in any activities which would require licensure as a broker-dealer or otherwise. The initial term of the Services Agreement is one-year and the term extends automatically on a year-to-year basis until terminated by mutual agreement of the parties. The Company is obligated to pay FHM a quarterly fee in the amount of $ 10,000 The following table details related party management fees on a year-by-year basis: SCHEDULE OF RELATED PARTY MANAGEMENT FEES Year ended 12/31/2021 Year ended 12/31/2020 Management fees $ 20,000 $ 40,000 YACHT FINDERS, INC. Notes to Financial Statements

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
INCOME TAXES	(6) INCOME TAXES A reconciliation of income taxes computed at the statutory rate of 21 SCHEDULE OF INCOME TAX RATE RECONCILIATION Year Ended December 31, 2021 2020 Income tax expense (credit) at statutory rate $ (18,904 ) $ (23,125 ) Income tax adjustment Interest Expense 9,638 9,006 Management Fee 4,200 8,400 Change of valuation allowance 5,066 5,719 Income tax expense (credit) $ - $ - The components of the Company’s deferred tax asset as of December 31, 2021 and 2020 are as follows: SCHEDULE OF DEFERRED TAX ASSETS December 31, December 31, 2021 2020 Deferred tax asset - Operating loss carry forward $ 18,904 $ 33,060 Operating losses utilized - - Valuation allowance (18,904 ) (33,060 ) Deferred tax asset $ - $ - As of December 31, 2021, the Company had certain federal net operating loss carryovers (“NOLs”), however under current tax law, only NOLs accrued after 2017 may be carried on indefinitely. Further, utilization of the NOLs may be subject to limitation under the Internal Revenue Code Section 382 should there be a greater than 50% ownership change as determined under regulations In assessing the realization of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment. Based on the assessment, management has established a full valuation allowance against all of the deferred tax asset relating to NOLs for every period because it is more likely than not that all of the deferred tax asset will not be realized The Company files income tax returns in the United States federal jurisdiction. No tax returns are currently under examination by any tax authorities.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2021
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	(7) SUBSEQUENT EVENTS Management has evaluated subsequent events through the date these financial statements were available to be issued. Based on managements’ evaluation, no events have occurred that require disclosure or adjustments to the financial statement.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The Company’s financial statements are presented in accordance with accounting principles generally accepted (GAAP) in the United States. Effective December 31, 2014, the Company elected to early adopt Accounting Standards Update No. 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements. The adoption of this ASU allows the Company to remove the inception to date information and other remaining disclosure requirements of topic 915.
USE OF ESTIMATES	USE OF ESTIMATES The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
REVENUE RECOGNITION	REVENUE RECOGNITION The Company has not recognized any revenues from its operations.
CASH AND CASH EQUIVALENTS	CASH AND CASH EQUIVALENTS The Company considers all highly liquid securities with original maturities of three months or less when acquired to be cash equivalents.
LOSS PER COMMON SHARE	LOSS PER COMMON SHARE The Company reports loss per share using a dual presentation of basic and diluted loss per share. Basic loss per share excludes the impact of common stock equivalents and is determined by dividing income available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted loss per share reflects the potential dilution that could occur if securities and other contracts to issue common stock were exercised or converted into common stock. At December 31, 2021 and December 31, 2020, there were no variances between the basic and diluted loss per share as there were no potentially dilutive securities outstanding.
INCOME TAXES	INCOME TAXES The Company accounts for income taxes under the provisions of Accounting Standards Codification (“ASC”) ASC-740 “Accounting for Income Taxes”. ASC-740 requires recognition of deferred tax liabilities and assets for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax liabilities and assets are determined based on the difference between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. YACHT FINDERS, INC. Notes to Financial Statements (2) SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CON’T) In addition, ASC-740 seeks to reduce the diversity in practice associated with certain aspects of the recognition and measurement related to accounting for income taxes and has analyzed filing positions in all of the federal and state jurisdictions where it is required to file income tax returns, as well as all open tax years in these jurisdictions. The Company has identified its federal income tax return and its state franchise tax return in Delaware as “major” tax jurisdictions, as defined. The Company believes that its income tax filing positions and deductions will be sustained on audit and does not anticipate any adjustments that will result in a material adverse effect on the Company’s financial condition, results of operations, or cash flow. Therefore, no reserves for uncertain income tax positions have been recorded pursuant to ASC-740.
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS The Company adopted the provisions of ASC Topic 820, “Fair Value Measurements and Disclosures”, which defines fair value as used in numerous accounting pronouncements, establishes a framework for measuring fair value and expands disclosure of fair value measurements. The estimated fair value of certain financial instruments, including, payables to related parties, and accrued liabilities are carried at historical cost basis, which approximates their fair values because of the short-term nature of these instruments. ASC 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 describes three levels of inputs that may be used to measure fair value: Level 1 — quoted prices in active markets for identical assets or liabilities Level 2 — quoted prices for similar assets and liabilities in active markets or inputs that are observable Level 3 — inputs that are unobservable (for example cash flow modeling inputs based on assumptions) The Company has no financial instruments measured at fair value
NEW ACCOUNTING PRONOUNCEMENTS	NEW ACCOUNTING PRONOUNCEMENTS From time to time new accounting pronouncements are issued by the Financial Accounting Standards Board or other standard setting bodies that may have an impact on the Company’s accounting and reporting. The Company believes that such recently issued accounting pronouncements and other authoritative guidance for which the effective date is in the future will not have an impact on its accounting or reporting or that such impact will not be material to its financial position, results of operations and cash flows when implemented.

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
	Dec. 31, 2021
Related Party Transactions [Abstract]
SCHEDULE OF RELATED PARTY DEBT	The following table details related party debt on a year-by-year basis: SCHEDULE OF RELATED PARTY DEBT As of As of Principal balance $ 783,122 $ 748,248 Accrued Interest $ 338,502 $ 292,605
SCHEDULE OF RELATED PARTY MANAGEMENT FEES	The following table details related party management fees on a year-by-year basis: SCHEDULE OF RELATED PARTY MANAGEMENT FEES Year ended 12/31/2021 Year ended 12/31/2020 Management fees $ 20,000 $ 40,000

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
SCHEDULE OF INCOME TAX RATE RECONCILIATION	A reconciliation of income taxes computed at the statutory rate of 21 SCHEDULE OF INCOME TAX RATE RECONCILIATION Year Ended December 31, 2021 2020 Income tax expense (credit) at statutory rate $ (18,904 ) $ (23,125 ) Income tax adjustment Interest Expense 9,638 9,006 Management Fee 4,200 8,400 Change of valuation allowance 5,066 5,719 Income tax expense (credit) $ - $ -
SCHEDULE OF DEFERRED TAX ASSETS	The components of the Company’s deferred tax asset as of December 31, 2021 and 2020 are as follows: SCHEDULE OF DEFERRED TAX ASSETS December 31, December 31, 2021 2020 Deferred tax asset - Operating loss carry forward $ 18,904 $ 33,060 Operating losses utilized - - Valuation allowance (18,904 ) (33,060 ) Deferred tax asset $ - $ -

GOING CONCERN (Details Narrativ

GOING CONCERN (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net loss	$ 90,021	$ 110,120
Working capital deficit	$ 1,158,716

STOCKHOLDERS_ DEFICIT (Details

STOCKHOLDERS’ DEFICIT (Details Narrative) - $ / shares	Dec. 31, 2021	Dec. 31, 2020
Equity [Abstract]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	20,000,000	20,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	80,000,000	80,000,000
Common stock, shares issued	5,199,000	5,199,000
Common stock, shares outstanding	5,199,000	5,199,000

SCHEDULE OF RELATED PARTY DEBT

SCHEDULE OF RELATED PARTY DEBT (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Related Party Transactions [Abstract]
Principal balance	$ 783,122	$ 748,248
Accrued Interest	$ 338,502	$ 292,605

SCHEDULE OF RELATED PARTY MANAG

SCHEDULE OF RELATED PARTY MANAGEMENT FEES (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Related Party Transactions [Abstract]
Management fees	$ 20,000	$ 40,000

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	Oct. 01, 2007	Dec. 31, 2021	Dec. 31, 2020	Oct. 31, 2007
Loans and notes outstanding from a shareholder		$ 783,122	$ 748,248
Interest- related party		$ 338,502	$ 292,605
Maturity date		Dec. 31, 2022
Fees paid	$ 10,000
FHM [Member]
Ownership percentage held by shareholder				98.48%

SCHEDULE OF INCOME TAX RATE REC

SCHEDULE OF INCOME TAX RATE RECONCILIATION (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Income tax expense (credit) at statutory rate	$ (18,904)	$ (23,125)
Interest Expense	9,638	9,006
Management Fee	4,200	8,400
Change of valuation allowance	5,066	5,719
Income tax expense (credit)

SCHEDULE OF DEFERRED TAX ASSETS

SCHEDULE OF DEFERRED TAX ASSETS (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Deferred tax asset - Operating loss carry forward	$ 18,904	$ 33,060
Operating losses utilized
Valuation allowance	(18,904)	(33,060)
Deferred tax asset

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative)	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Limitations of net operating loss carryovers	utilization of the NOLs may be subject to limitation under the Internal Revenue Code Section 382 should there be a greater than 50% ownership change as determined under regulations