Document_and_Entity_Informatio
Document and Entity Information | 6 Months Ended | |
Jun. 30, 2014 | Aug. 01, 2014 | |
Document And Entity Information | ' | ' |
Entity Registrant Name | 'C & C TOURS INC | ' |
Entity Central Index Key | '0001430319 | ' |
Document Type | '10-Q | ' |
Document Period End Date | 30-Jun-14 | ' |
Amendment Flag | 'false | ' |
Current Fiscal Year End Date | '--12-31 | ' |
Is Entity a Well-known Seasoned Issuer? | 'No | ' |
Is Entity a Voluntary Filer? | 'No | ' |
Is Entity's Reporting Status Current? | 'Yes | ' |
Entity Filer Category | 'Smaller Reporting Company | ' |
Entity Common Stock, Shares Outstanding | ' | 2,937,000 |
Document Fiscal Period Focus | 'Q2 | ' |
Document Fiscal Year Focus | '2014 | ' |
Condensed_Balance_Sheets
Condensed Balance Sheets (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
CURRENT ASSETS | ' | ' |
Cash | $3,807 | $1,980 |
Total current assets | 3,807 | 1,980 |
TOTAL ASSETS | 3,807 | 1,980 |
CURRENT LIABILITIES | ' | ' |
Accounts payable | 25,000 | 19,600 |
Loans payable - current | 71,640 | 64,140 |
Accrued interest | 10,323 | 7,597 |
Total current liabilities | 106,963 | 91,337 |
Total liabilities | 106,963 | 91,337 |
STOCKHOLDERS' EQUITY (DEFICIT) | ' | ' |
Common stock, 20,000,000 shares authorized at $.001 par value, 2,937,000 shares issued and outstanding at June 30, 2014 and December 31, 2013 | 2,937 | 2,937 |
Additional paid-in capital | 34,970 | 34,970 |
Deficit accumulated prior to the development stage | -4,139 | -4,139 |
Deficit accumulated during the development stage | -136,924 | -123,125 |
Total stockholders' equity (deficit) | -103,156 | -89,357 |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) | $3,807 | $1,980 |
Condensed_Balance_Sheets_Paren
Condensed Balance Sheets (Parenthetical) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
Stockholders' Deficit | ' | ' |
Common stock, par value | $0.00 | $0.00 |
Common stock, authorized shares | 20,000,000 | 20,000,000 |
Common stock, issued shares | 2,937,000 | 2,937,000 |
Common stock, outstanding shares | 2,937,000 | 2,937,000 |
Condensed_Statements_of_Operat
Condensed Statements of Operations (Unaudited) (USD $) | 3 Months Ended | 6 Months Ended | 277 Months Ended | ||
Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | |
Condensed Statements Of Operations | ' | ' | ' | ' | ' |
Revenues | ' | ' | ' | ' | ' |
Expenses | ' | ' | ' | ' | ' |
General and administrative | 4,220 | 6,671 | 11,073 | 15,935 | 126,601 |
Total expenses | 4,220 | 6,671 | 11,073 | 15,935 | 126,601 |
Net operating loss before other expense | -4,220 | -6,671 | -11,073 | -15,935 | -126,601 |
Other income (expense) | ' | ' | ' | ' | ' |
Interest expense | -1,430 | -1,163 | -2,726 | -2,126 | -10,323 |
Total other income (expense) | -1,430 | -1,163 | -2,726 | -2,126 | -10,323 |
Loss from operations before income taxes | -5,650 | -7,834 | -13,799 | -18,061 | -136,924 |
Income taxes | ' | ' | ' | ' | ' |
Net loss | ($5,650) | ($7,834) | ($13,799) | ($18,061) | ($136,924) |
Basic and diluted net loss per share | $0 | $0 | $0 | ($0.01) | ' |
Weighted average shares outstanding | 2,937,000 | 2,937,000 | 2,937,000 | 2,937,000 | ' |
Condensed_Statements_of_Cash_F
Condensed Statements of Cash Flows (Unaudited) (USD $) | 6 Months Ended | 277 Months Ended | |
Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | |
Cash Flows from Operating Activities | ' | ' | ' |
Net loss | ($13,799) | ($18,061) | ($136,924) |
Adjustments to reconcile net loss to net cash provided (used) by operating activities: | ' | ' | ' |
Common stock issued for services | ' | ' | 1,576 |
Accounts payable | 5,400 | 6,724 | 25,000 |
Accrued interest | 2,726 | 2,126 | 10,323 |
Net cash used by operating activities | -5,673 | -9,211 | -100,025 |
Cash Flows from Investing Activities | ' | ' | ' |
Net cash provided (used) by investing activities | ' | ' | ' |
Cash Flows from Financing Activities | ' | ' | ' |
Shareholder contributions | ' | ' | 10,505 |
Cash overdraft | ' | ' | -130 |
Common stock issued for cash | ' | ' | 20,400 |
Proceeds from loans payable | 7,500 | 10,000 | 78,557 |
Payments on loans payable | ' | ' | -5,500 |
Net cash provided (used) by financing activities | 7,500 | 10,000 | 103,832 |
Increase (decrease) in cash | 1,827 | 789 | 3,807 |
Cash and cash equivalents at beginning of period | 1,980 | 140 | ' |
Cash and cash equivalents at end of period | 3,807 | 929 | 3,807 |
Supplemental Cash Flow Information: | ' | ' | ' |
Cash paid for interest | ' | ' | ' |
Cash paid for income taxes | ' | ' | ' |
Forgiveness of related party debt | ' | ' | $1,415 |
CONDENSED_FINANCIAL_STATEMENTS
CONDENSED FINANCIAL STATEMENTS | 6 Months Ended |
Jun. 30, 2014 | |
Notes to Financial Statements | ' |
Note 1. CONDENSED FINANCIAL STATEMENTS | ' |
The accompanying financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations and cash flows as of and for the period ended June 30, 2014 and for all periods presented have been made. | |
Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Company’s December 31, 2013 audited financial statements as reported in its Form 10-K. The results of operations for the six-month period ended June 30, 2014 are not necessarily indicative of the operating results for the full year ended December 31, 2014. |
GOING_CONCERN
GOING CONCERN | 6 Months Ended |
Jun. 30, 2014 | |
Notes to Financial Statements | ' |
Note 2. GOING CONCERN | ' |
The Company's financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplate continuation of the Company as a going concern. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and to allow it to continue as a going concern. The Company has realized net losses since reactivation on June 1, 1991 totaling $136,924. The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable. If the Company is unable to obtain adequate capital, it could be forced to cease operations. | |
In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management's plan is to obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking equity and/or debt financing. However, management cannot provide any assurances that the Company will be successful in accomplishing any of its plans. | |
The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. |
SUMMARY_OF_SIGNIFICANT_ACCOUNT
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | 6 Months Ended |
Jun. 30, 2014 | |
Notes to Financial Statements | ' |
Note 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | ' |
Basis of Presentation | |
The accompanying consolidated financial statements are prepared on the basis of accounting principles generally accepted in the United States of America. The Company is currently in the development stage and has not realized significant sales through June 30, 2014. A development stage company is defined as one in which all efforts are devoted substantially to establishing a new business and even if planned principal operations have commenced, revenues are insignificant. | |
Use of Estimates | |
The preparation of consolidated 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 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. | |
Subsequent Events | |
The Company’s management reviewed all material events through the date of this filing and has determined that there are no material subsequent events to report. |
LOANS_PAYABLE
LOANS PAYABLE | 6 Months Ended |
Jun. 30, 2014 | |
Notes to Financial Statements | ' |
Note 4. LOANS PAYABLE | ' |
Loans payable consist of legal and accounting fees, and out-of-pocket costs incurred through a third party. These payables are non-collateralized, bear interest at 8%, and are due on demand. As such, these loans are classified as current on the Company’s Balance Sheet. Interest expense for the six months ended June 30, 2013 and 2014 totaled $2,126 and $2,726, respectively. No payments on principal or interest have been made to date. | |
SUMMARY_OF_SIGNIFICANT_ACCOUNT1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) | 6 Months Ended |
Jun. 30, 2014 | |
Summary Of Significant Accounting Policies Policies | ' |
Basis of Presentation | ' |
The accompanying consolidated financial statements are prepared on the basis of accounting principles generally accepted in the United States of America. The Company is currently in the development stage and has not realized significant sales through June 30, 2014. A development stage company is defined as one in which all efforts are devoted substantially to establishing a new business and even if planned principal operations have commenced, revenues are insignificant. | |
Use of Estimates | ' |
The preparation of consolidated 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 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. | |
Subsequent Events | ' |
The Company’s management reviewed all material events through the date of this filing and has determined that there are no material subsequent events to report. | |
GOING_CONCERN_Details_Narrativ
GOING CONCERN (Details Narrative) (USD $) | 3 Months Ended | 6 Months Ended | 277 Months Ended | ||
Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | |
Going Concern Details Narrative | ' | ' | ' | ' | ' |
Net loss | ($5,650) | ($7,834) | ($13,799) | ($18,061) | ($136,924) |
LOANS_PAYABLE_Details_Narrativ
LOANS PAYABLE (Details Narrative) (USD $) | 6 Months Ended | |
Jun. 30, 2014 | Jun. 30, 2013 | |
Loans Payable Details Narrative | ' | ' |
Interest expense | $2,726 | $2,126 |
Non-collateralized, bear interest | 8.00% | ' |