| Document and Entity Information | 9 Months Ended | |
| Jun. 30, 2014 | Aug. 10, 2014 | |
| Document And Entity Information | ' | ' |
| Entity Registrant Name | 'Sunrise Holdings LTD | ' |
| Entity Central Index Key | '0001394130 | ' |
| Document Type | '10-Q | ' |
| Document Period End Date | 30-Jun-14 | ' |
| Amendment Flag | 'false | ' |
| Current Fiscal Year End Date | '--09-30 | ' |
| Is Entity a Well-known Seasoned Issuer? | 'No | ' |
| Is Entity a Voluntary Filer? | 'No | ' |
| Is Entity's Reporting Status Current? | 'No | ' |
| Entity Filer Category | 'Smaller Reporting Company | ' |
| Entity Common Stock, Shares Outstanding | ' | 6,882,273 |
| Document Fiscal Period Focus | 'Q3 | ' |
| Document Fiscal Year Focus | '2014 | ' |
| Balance Sheets (Unaudited) (USD $) | Jun. 30, 2014 | Sep. 30, 2013 |
| CURRENT ASSETS: | ' | ' |
| Cash | ' | $2,242 |
| Total Current Assets | ' | 2,242 |
| TOTAL ASSETS | 0 | 2,242 |
| CURRENT LIABILITIES: | ' | ' |
| Accounts payable and accrued expenses | 303 | ' |
| Advances from company officers | ' | 34,836 |
| Total Current Liabilities | 303 | 34,836 |
| TOTAL LIABILITIES | 303 | 34,836 |
| Preferred Stock, $.001 par value; 10,000,000 shares authorized, 10,000,000 shares issued and outstanding at June 30, 2014 and September 30, 2013, respectively | 10,000 | 10,000 |
| Common Stock, $.001 par value; 190,000,000 shares authorized, 6,882,273 shares issued and outstanding at June 30, 2014 and September 30, 2013, respectively | 6,882 | 6,882 |
| Additional paid-in capital | 210,964 | 168,065 |
| Deficit accumulated during the development stage | -228,149 | -217,541 |
| TOTAL STOCKHOLDERS' DEFICIT | -303 | -32,594 |
| TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT | $0 | $2,242 |
| Balance Sheets (Parenthetical) (USD $) | Jun. 30, 2014 | Sep. 30, 2013 |
| Statement of Financial Position [Abstract] | ' | ' |
| Preferred Stock Par Value | $0.00 | $0.00 |
| Preferred Stock Shares Authorized | 10,000,000 | 10,000,000 |
| Preferred Stock Shares Issued | 10,000,000 | 10,000,000 |
| Preferred Stock Shares Outstanding | 10,000,000 | 10,000,000 |
| Common Stock Par Value | $0.00 | $0.00 |
| Common Stock Shares Authorized | 190,000,000 | 190,000,000 |
| Common Stock Shares Issued | 6,882,273 | 6,882,273 |
| Common Stock Shares Outstanding | 6,882,273 | 6,882,273 |
| Statements of Operations (Unaudited) (USD $) | 3 Months Ended | 9 Months Ended | 104 Months Ended | ||
| Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | |
| EXPENSES: | ' | ' | ' | ' | ' |
| Exploration costs | ' | ' | ' | ' | $37,956 |
| General and administrative expenses | 2,619 | 2,427 | 10,608 | 9,354 | 252,737 |
| TOTAL OPERATING EXPENSES | 2,619 | 2,427 | 10,608 | 9,354 | 290,693 |
| NET OPERATING LOSS | -2,619 | -2,427 | -10,608 | -9,354 | -290,693 |
| OTHER INCOME (EXPENSE) | ' | ' | ' | ' | ' |
| Interest income | ' | ' | ' | ' | 64,960 |
| Gain on extinguishment of debt | ' | ' | ' | ' | 5,669 |
| Interest expense | ' | ' | ' | ' | -8,085 |
| TOTAL OTHER INCOME (EXPENSE) | ' | ' | ' | ' | 62,544 |
| NET LOSS | ($2,619) | ($2,427) | ($10,608) | ($9,354) | ($228,149) |
| LOSS PER SHARE: | ' | ' | ' | ' | ' |
| Basic and diluted | $0 | $0 | ($0.00) | ($0.00) | ' |
| WEIGHTED AVERAGE SHARES OUTSTANDING: | ' | ' | ' | ' | ' |
| Basic and diluted | 6,882,273 | 6,882,273 | 6,882,273 | 6,882,273 | ' |
| Statements of Cash Flows (Unaudited) (USD $) | 9 Months Ended | 104 Months Ended | |
| Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | ' | ' | ' |
| Net loss | ($10,608) | ($9,354) | ($228,149) |
| Adjustment to reconcile change in net loss to net cash and cash equivalents used in operating activities: | ' | ' | ' |
| Stock issued for services | ' | ' | 68,031 |
| Depreciation | ' | ' | 3,795 |
| Gain on extinguishment of debt | ' | ' | 5,669 |
| Imputed interest on shareholder advance | ' | ' | 2,711 |
| Increase (decrease) in interest receivable | ' | ' | -33,259 |
| Increase (decrease) in accounts payable and accrued expenses | 303 | -745 | 5,972 |
| NET CASH USED IN OPERATING ACTIVITIES | -10,305 | -10,098 | -186,568 |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ' | ' | ' |
| Purchase of assets | ' | ' | -1,795 |
| NET CASH USED IN INVESTING ACTIVITIES | ' | ' | -1,795 |
| Stock issuance for cash | ' | ' | 3,000,000 |
| Stock issued for services and expenses | ' | ' | 45,464 |
| Shares rescinded | ' | ' | -2,900,000 |
| Repayment for advances from company | ' | ' | -62,200 |
| Advances from company officer | 8,063 | 11,300 | 105,099 |
| NET CASH PROVIDED BY FINANCING ACTIVITIES | 8,063 | 11,300 | 188,363 |
| Net (decrease) increase in cash and cash equivalents | -2,242 | 1,202 | ' |
| Cash and cash equivalents, beginning of period | 2,242 | 809 | ' |
| Cash and cash equivalents, end of period | ' | 2,010 | ' |
| SUPPLEMENTAL CASH FLOW INFORMATION: | ' | ' | ' |
| Cash paid for interest | ' | ' | ' |
| Cash paid for taxes | ' | ' | ' |
| NON-CASH ACTIVITIES: | ' | ' | ' |
| Reduction of note with share rescission | ' | ' | 500,000 |
| Forgiveness of debt by related party | $42,899 | ' | $42,899 |
| 1Â - Summary of Significant Accounting Policies | 9 Months Ended | ||
| Jun. 30, 2014 | |||
| Accounting Policies [Abstract] | ' | ||
| 1Â - Summary of Significant Accounting Policies | ' | ||
| Note 1 - Summary of Significant Accounting Policies | |||
| Basis of Presentation | |||
| The accompanying unaudited interim financial statements of Sunrise Holdings Limited (the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States ("US GAAP") and the rules of the Securities and Exchange Commission, and should be read in conjunction with Sunrise's audited 2013 annual financial statements and notes thereto filed with the SEC on form 10-K. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the result of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements, which would substantially duplicate the disclosure required in the Company’s 2013 annual financial statements have been omitted. The Company's fiscal year end is September 30. | |||
| Change in Control | |||
| On May 7, 2014, three shareholders of the Company, of which two are officers and members of the board of the directors of the Company, sold 10,000,000 preferred stock totaling 10,000,000 shares, and 1,401,619 shares common stock to John Bentivoglio for the purchase price of $180,000, resulting in a change in majority ownership of the Company. | |||
| On June 12, 2014, two officers resigned their positions as President, Chief Executive Officer and Treasurer, and as Vice President, Chief Financial Officer and Secretary of the Company. Simultaneously, John Bentivoglio has been named President and Chief Executive Officer, and Nick Bozza has been named Vice President and Secretary. | |||
| On June 18, 2014, two members of the board of directors resigned their positions as a result of their sale of shares in the Company. Simultaneously, John Bentivoglio and Nick Bozza have been named members of the board of directors. | |||
| Use of Estimates | |||
| The preparation of financial statements in conformity with US GAAP 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. The Company regularly evaluates estimates and assumptions related to the deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company's estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. | |||
| Interim Financial Statements | |||
| These interim unaudited financial statements have been prepared on the same basis as the annual financial statements and in the opinion of management, reflect all adjustments, which include only normal recurring adjustments, necessary to present fairly the Company's financial position, results of operations and cash flows for the periods shown. The results of operations for such periods are not necessarily indicative of the results expected for a full year or for any future period. | |||
| Cash and Cash Equivalents | |||
| For purposes of the statement of cash flows, the Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents. As of June 30, 2014, there were no cash equivalents. | |||
| Income Taxes | |||
| The Company has adopted Accounting Standards Codification (“ASC”) Subtopic 740-10, Income Taxes ("ASC 740-10") which requires the recognition of deferred tax liabilities and assets for the expected future tax consequences of events that have been included in the financial statement or tax returns. Under this method, deferred tax liabilities and assets are determined based on the difference between financial statements and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. Temporary differences between taxable income reported for financial reporting purposes and income tax purposes are insignificant. | |||
| There was no current or deferred income tax expense or benefits for the period ending June 30, 2014 and the year ended September 30, 2013. | |||
| Basic and Diluted Net Loss per Share | |||
| The Company computes net loss per share in accordance with ASC 260, Earnings per Share. ASC 260 requires presentation of both basic and diluted earnings per share ("EPS") on the face of the income statement. Basic EPS is computed by dividing net loss available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive. As at June 30, 2014, the Company had no potentially dilutive shares. | |||
| Impairment of Long Lived Assets | |||
| The Company has adopted ASC Subtopic 360-10, Property, Plant and Equipment (“ASC 360-10”). ASC 360-10 requires that long-lived assets and certain identifiable intangibles held and used by the Company be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The Company evaluates its long lived assets for impairment annually or more often if events and circumstances warrant. Events relating to recoverability may include significant unfavorable changes in business conditions, recurring losses, or a forecasted inability to achieve break-even operating results over an extended period. The Company evaluates the recoverability of long-lived assets based upon forecasted undiscounted cash flows. Should impairment in value be indicated, the carrying value of intangible assets will be adjusted, based on estimates of future discounted cash flows resulting from the use and ultimate disposition of the asset. ASC 360-10 also requires assets to be disposed of to be reported at the lower of the carrying amount or the fair value less costs to sell. | |||
| Financial Instruments | |||
| Pursuant to ASC 820, Fair Value Measurements and Disclosures and ASC 825, Financial Instruments, an entity is required to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 and 825 establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument's categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. ASC 820 and 825 prioritizes the inputs into three levels that may be used to measure fair value: | |||
| Level 1 | |||
| Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. | |||
| Level 2 | |||
| Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. | |||
| Level 3 | |||
| Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. | |||
| The Company's financial instruments consist principally of cash, accounts payable, and amounts due to related parties. Pursuant to ASC 820 and 825, the fair value of our cash is determined based on Level 1 inputs, which consist of quoted prices in active markets for identical assets. We believe that the recorded values of all of our other financial instruments approximate their current fair values because of their nature and respective maturity dates or durations. | |||
| Recent Accounting Pronouncements | |||
| In January 2013, the FASB issued ASU No. 2013-01, Balance Sheet (Topic 210): Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities, which clarifies which instruments and transactions are subject to the offsetting disclosure requirements originally established by ASU 2011-11. The new ASU addresses preparer concerns that the scope of the disclosure requirements under ASU 2011-11 was overly broad and imposed unintended costs that were not commensurate with estimated benefits to financial statement users. In choosing to narrow the scope of the offsetting disclosures, the Board determined that it could make them more operable and cost effective for preparers while still giving financial statement users sufficient information to analyze the most significant presentation differences between financial statements prepared in accordance with US GAAP and those prepared under IFRSs. Like ASU 2011-11, the amendments in this update will be effective for fiscal periods beginning on, or after January 1, 2013. The adoption of ASU 2013-01 is not expected to have a material impact on our financial position or results of operations. | |||
| In February 2013, FASB issued ASU No. 2013-02, Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income, to improve the transparency of reporting these reclassifications. Other comprehensive income includes gains and losses that are initially excluded from net income for an accounting period. Those gains and losses are later reclassified out of accumulated other comprehensive income into net income. The amendments in the ASU do not change the current requirements for reporting net income or other comprehensive income in financial statements. All of the information that this ASU requires already is required to be disclosed elsewhere in the financial statements under US GAAP. The new amendments will require an organization to: | |||
| - | Present (either on the face of the statement where net income is presented or in the notes) the effects on the line items of net income of significant amounts reclassified out of accumulated other comprehensive income - but only if the item reclassified is required under US GAAP to be reclassified to net income in its entirety in the same reporting period; and | ||
| - | Cross-reference to other disclosures currently required under US GAAP for other reclassification items (that are not required under US GAAP) to be reclassified directly to net income in their entirety in the same reporting period. This would be the case when a portion of the amount reclassified out of accumulated other comprehensive income is initially transferred to a balance sheet account (e.g., inventory for pension-related amounts) instead of directly to income or expense. | ||
| The amendments apply to all public and private companies that report items of other comprehensive income. Public companies are required to comply with these amendments for all reporting periods (interim and annual). The amendments are effective for reporting periods beginning after December 15, 2012, for public companies. Early adoption is permitted. The adoption of ASU No. 2013-02 is not expected to have a material impact on our financial position or results of operations. | |||
| In July 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2013-11: Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists. The new guidance requires that unrecognized tax benefits be presented on a net basis with the deferred tax assets for such carryforwards. This new guidance is effective for fiscal years and interim periods within those years beginning after December 15, 2013. The Company does not expect the adoption of the new provisions to have a material impact on its financial condition or results of operations. | |||
| In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers ("ASU 2014-09"). The amendments in ASU 2014-09 provide for a single, principles-based model for revenue recognition that replaces the existing revenue recognition guidance. ASU 2014-09 is effective for annual and interim periods beginning on or after December 15, 2016 and will replace most existing revenue recognition guidance under U.S. GAAP when it becomes effective. It permits the use of either a retrospective or cumulative effect transition method and early adoption is not permitted. The Company has not yet selected a transition method and is in the process of evaluating the effect this standard will have on our financial statements and related disclosures. | |||
| 2 - Going Concern | 9 Months Ended |
| Jun. 30, 2014 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | ' |
| 2 - Going Concern | ' |
| Note 2 - Going Concern | |
| The Company’s financial statements have been prepared on a going concern basis, which contemplates the realization of assets and settlement of liabilities and commitments in the normal course of business for the foreseeable future. Since inception, the Company has accumulated losses aggregating to $228,149 and has insufficient working capital to meet operating needs for the next twelve months as of June 30, 2014, all of which raise substantial doubt about the Company’s ability to continue as a going concern. |
| 3 - Related Party Transactions | 9 Months Ended |
| Jun. 30, 2014 | |
| Related Party Transactions [Abstract] | ' |
| 3 - Related Party Transactions | ' |
| Note 3 - Related Party Transactions | |
| For the nine months ended June 30, 2014, an officer of the Company advanced $8,063 to the Company to pay for the general and administrative expenses. These advances are unsecured, non-interest bearing and have no fixed terms of repayment. | |
| On May 28, 2014, the officers of the Company forgave all outstanding debts in connection with their sale of their preferred and common stock in the Company. As a result, the Company has reclassified all officer advances as of June 30, 2014, totaling $42,899 to additional paid in capital. |
| 4Â - Subsequent Events | 9 Months Ended |
| Jun. 30, 2014 | |
| Subsequent Events [Abstract] | ' |
| 4Â - Subsequent Events | ' |
| Note 4 - Subsequent Events | |
| There have been no reportable subsequent events through the date of issuance of this report. |
| 1Â - Summary of Significant Accounting Policies (Policies) | 9 Months Ended | ||
| Jun. 30, 2014 | |||
| Accounting Policies [Abstract] | ' | ||
| Basis of Presentation | ' | ||
| Basis of Presentation | |||
| The accompanying unaudited interim financial statements of Sunrise Holdings Limited (the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States ("US GAAP") and the rules of the Securities and Exchange Commission, and should be read in conjunction with Sunrise's audited 2013 annual financial statements and notes thereto filed with the SEC on form 10-K. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the result of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements, which would substantially duplicate the disclosure required in the Company’s 2013 annual financial statements have been omitted. The Company's fiscal year end is September 30. | |||
| Change in Control | ' | ||
| Change in Control | |||
| On May 7, 2014, three shareholders of the Company, of which two are officers and members of the board of the directors of the Company, sold 10,000,000 preferred stock totaling 10,000,000 shares, and 1,401,619 shares common stock to John Bentivoglio for the purchase price of $180,000, resulting in a change in majority ownership of the Company. | |||
| On June 12, 2014, two officers resigned their positions as President, Chief Executive Officer and Treasurer, and as Vice President, Chief Financial Officer and Secretary of the Company. Simultaneously, John Bentivoglio has been named President and Chief Executive Officer, and Nick Bozza has been named Vice President and Secretary. | |||
| On June 18, 2014, two members of the board of directors resigned their positions as a result of their sale of shares in the Company. Simultaneously, John Bentivoglio and Nick Bozza have been named members of the board of directors. | |||
| Use of Estimates | ' | ||
| Use of Estimates | |||
| The preparation of financial statements in conformity with US GAAP 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. The Company regularly evaluates estimates and assumptions related to the deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company's estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. | |||
| Interim Financial Statements | ' | ||
| Interim Financial Statements | |||
| These interim unaudited financial statements have been prepared on the same basis as the annual financial statements and in the opinion of management, reflect all adjustments, which include only normal recurring adjustments, necessary to present fairly the Company's financial position, results of operations and cash flows for the periods shown. The results of operations for such periods are not necessarily indicative of the results expected for a full year or for any future period. | |||
| Cash and Cash Equivalents | ' | ||
| Cash and Cash Equivalents | |||
| For purposes of the statement of cash flows, the Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents. As of June 30, 2014, there were no cash equivalents. | |||
| Income Taxes | ' | ||
| Income Taxes | |||
| The Company has adopted Accounting Standards Codification (“ASC”) Subtopic 740-10, Income Taxes ("ASC 740-10") which requires the recognition of deferred tax liabilities and assets for the expected future tax consequences of events that have been included in the financial statement or tax returns. Under this method, deferred tax liabilities and assets are determined based on the difference between financial statements and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. Temporary differences between taxable income reported for financial reporting purposes and income tax purposes are insignificant. | |||
| There was no current or deferred income tax expense or benefits for the period ending June 30, 2014 and the year ended September 30, 2013. | |||
| Basic and Diluted Net Loss per Share | ' | ||
| Basic and Diluted Net Loss per Share | |||
| The Company computes net loss per share in accordance with ASC 260, Earnings per Share. ASC 260 requires presentation of both basic and diluted earnings per share ("EPS") on the face of the income statement. Basic EPS is computed by dividing net loss available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive. As at June 30, 2014, the Company had no potentially dilutive shares. | |||
| Impairment of Long Lived Assets | ' | ||
| Impairment of Long Lived Assets | |||
| The Company has adopted ASC Subtopic 360-10, Property, Plant and Equipment (“ASC 360-10”). ASC 360-10 requires that long-lived assets and certain identifiable intangibles held and used by the Company be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The Company evaluates its long lived assets for impairment annually or more often if events and circumstances warrant. Events relating to recoverability may include significant unfavorable changes in business conditions, recurring losses, or a forecasted inability to achieve break-even operating results over an extended period. The Company evaluates the recoverability of long-lived assets based upon forecasted undiscounted cash flows. Should impairment in value be indicated, the carrying value of intangible assets will be adjusted, based on estimates of future discounted cash flows resulting from the use and ultimate disposition of the asset. ASC 360-10 also requires assets to be disposed of to be reported at the lower of the carrying amount or the fair value less costs to sell. | |||
| Financial Instruments | ' | ||
| Financial Instruments | |||
| Pursuant to ASC 820, Fair Value Measurements and Disclosures and ASC 825, Financial Instruments, an entity is required to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 and 825 establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument's categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. ASC 820 and 825 prioritizes the inputs into three levels that may be used to measure fair value: | |||
| Recent Accounting Pronouncements | ' | ||
| Recent Accounting Pronouncements | |||
| In January 2013, the FASB issued ASU No. 2013-01, Balance Sheet (Topic 210): Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities, which clarifies which instruments and transactions are subject to the offsetting disclosure requirements originally established by ASU 2011-11. The new ASU addresses preparer concerns that the scope of the disclosure requirements under ASU 2011-11 was overly broad and imposed unintended costs that were not commensurate with estimated benefits to financial statement users. In choosing to narrow the scope of the offsetting disclosures, the Board determined that it could make them more operable and cost effective for preparers while still giving financial statement users sufficient information to analyze the most significant presentation differences between financial statements prepared in accordance with US GAAP and those prepared under IFRSs. Like ASU 2011-11, the amendments in this update will be effective for fiscal periods beginning on, or after January 1, 2013. The adoption of ASU 2013-01 is not expected to have a material impact on our financial position or results of operations. | |||
| In February 2013, FASB issued ASU No. 2013-02, Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income, to improve the transparency of reporting these reclassifications. Other comprehensive income includes gains and losses that are initially excluded from net income for an accounting period. Those gains and losses are later reclassified out of accumulated other comprehensive income into net income. The amendments in the ASU do not change the current requirements for reporting net income or other comprehensive income in financial statements. All of the information that this ASU requires already is required to be disclosed elsewhere in the financial statements under US GAAP. The new amendments will require an organization to: | |||
| - | Present (either on the face of the statement where net income is presented or in the notes) the effects on the line items of net income of significant amounts reclassified out of accumulated other comprehensive income - but only if the item reclassified is required under US GAAP to be reclassified to net income in its entirety in the same reporting period; and | ||
| - | Cross-reference to other disclosures currently required under US GAAP for other reclassification items (that are not required under US GAAP) to be reclassified directly to net income in their entirety in the same reporting period. This would be the case when a portion of the amount reclassified out of accumulated other comprehensive income is initially transferred to a balance sheet account (e.g., inventory for pension-related amounts) instead of directly to income or expense. | ||
| The amendments apply to all public and private companies that report items of other comprehensive income. Public companies are required to comply with these amendments for all reporting periods (interim and annual). The amendments are effective for reporting periods beginning after December 15, 2012, for public companies. Early adoption is permitted. The adoption of ASU No. 2013-02 is not expected to have a material impact on our financial position or results of operations. | |||
| In July 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2013-11: Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists. The new guidance requires that unrecognized tax benefits be presented on a net basis with the deferred tax assets for such carryforwards. This new guidance is effective for fiscal years and interim periods within those years beginning after December 15, 2013. The Company does not expect the adoption of the new provisions to have a material impact on its financial condition or results of operations. | |||
| In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers ("ASU 2014-09"). The amendments in ASU 2014-09 provide for a single, principles-based model for revenue recognition that replaces the existing revenue recognition guidance. ASU 2014-09 is effective for annual and interim periods beginning on or after December 15, 2016 and will replace most existing revenue recognition guidance under U.S. GAAP when it becomes effective. It permits the use of either a retrospective or cumulative effect transition method and early adoption is not permitted. The Company has not yet selected a transition method and is in the process of evaluating the effect this standard will have on our financial statements and related disclosures. | |||
| 1Â - Summary of Significant Accounting Policies (Details Narrative) (USD $) | Jun. 30, 2014 | 7-May-14 | Sep. 30, 2013 |
| Accounting Policies [Abstract] | ' | ' | ' |
| Shares Sold | ' | 10,000,000 | ' |
| Common Stock Issued | 6,882,273 | 1,401,619 | 6,882,273 |
| Shares Purchase Price | ' | $180,000 | ' |
| 2 - Going Concern (Details Narrative) (USD $) | 3 Months Ended | 9 Months Ended | 104 Months Ended | ||
| Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | ' | ' | ' | ' | ' |
| Loss Since Inception | ($2,619) | ($2,427) | ($10,608) | ($9,354) | ($228,149) |
| 3 - Related Party Transactions (Details Narrative) (USD $) | Jun. 30, 2014 |
| Related Party Transactions [Abstract] | ' |
| Advance From Officer | $8,063 |
| Reclassified Debt | $42,899 |
