Cover
Cover - shares | 3 Months Ended | |
Mar. 31, 2019 | Jun. 24, 2020 | |
Cover [Abstract] | ||
Entity Registrant Name | C & C TOURS INC | |
Entity Central Index Key | 0001430319 | |
Document Type | 10-Q | |
Amendment Flag | false | |
Current Fiscal Year End Date | --12-31 | |
Entity Small Business | true | |
Entity Shell Company | true | |
Entity Emerging Growth Company | true | |
Entity Current Reporting Status | No | |
Document Period End Date | Mar. 31, 2019 | |
Entity Filer Category | Non-accelerated Filer | |
Document Fiscal Period Focus | Q1 | |
Document Fiscal Year Focus | 2019 | |
Entity Ex Transition Period | false | |
Entity Common Stock Shares Outstanding | 2,937,000 | |
Document Quarterly Report | true | |
Document Transition Report | false | |
Entity Interactive Data Current | No |
Condensed Balance Sheets
Condensed Balance Sheets - USD ($) | Mar. 31, 2019 | Dec. 31, 2018 |
CURRENT ASSETS | ||
Cash | $ 374 | $ 275 |
Total current assets | 374 | 275 |
TOTAL ASSETS | 374 | 275 |
CURRENT LIABILITIES | ||
Accounts payable | 12,100 | 7,900 |
Notes payable | 154,340 | 152,940 |
Accrued interest | 48,142 | 45,098 |
Total current liabilities | 214,582 | 205,938 |
TOTAL LIABILITIES | 214,582 | 205,938 |
STOCKHOLDERS' EQUITY (DEFICIT) | ||
Common stock, 20,000,000 shares authorized at $.001 par value, 2,937,000 shares issued and outstanding | 2,937 | 2,937 |
Additional paid-in capital | 34,970 | 34,970 |
Accumulated deficit | (252,115) | (243,570) |
Total stockholders' equity (deficit) | (214,208) | (205,663) |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) | $ 374 | $ 275 |
Condensed Balance Sheets (Paren
Condensed Balance Sheets (Parenthetical) - $ / shares | Mar. 31, 2019 | Dec. 31, 2018 |
STOCKHOLDERS' EQUITY (DEFICIT) | ||
Common stock, par value | $ 0.001 | $ 0.001 |
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 Operati
Condensed Statements of Operations (Unaudited) - USD ($) | 3 Months Ended | |
Mar. 31, 2019 | Mar. 31, 2018 | |
Condensed Statements of Operations (Unaudited) | ||
Revenues | $ 0 | $ 0 |
Expenses | ||
General and administrative | 5,500 | 5,600 |
Total expenses | 5,500 | 5,600 |
Net operating loss before other expense | (5,500) | (5,600) |
Other income (expense) | ||
Interest expense | (3,045) | (2,810) |
Total other income (expense) | (3,045) | (2,810) |
Loss from operations before income taxes | (8,545) | (8,410) |
Income taxes | 0 | 0 |
Net loss | $ (8,545) | $ (8,410) |
Basic and diluted net loss per share | $ 0 | $ 0 |
Weighted average shares outstanding | 2,937,000 | 2,937,000 |
Statements of Stockholders Defi
Statements of Stockholders Deficit (Unaudited) - USD ($) | Total | Common Stock | Additional Paid-In Capital | Accumulated Deficit |
Balance, shares at Dec. 31, 2017 | 2,937,000 | |||
Balance, amount at Dec. 31, 2017 | $ (180,155) | $ 2,937 | $ 34,970 | $ (218,062) |
Net loss | (8,410) | $ 0 | 0 | (8,410) |
Balance, shares at Mar. 31, 2018 | 2,937,000 | |||
Balance, amount at Mar. 31, 2018 | (188,565) | $ 2,937 | 34,970 | (226,472) |
Balance, shares at Dec. 31, 2018 | 2,937,000 | |||
Balance, amount at Dec. 31, 2018 | (205,663) | $ 2,937 | 34,970 | (243,570) |
Net loss | (8,545) | $ 0 | 0 | (8,545) |
Balance, shares at Mar. 31, 2019 | 2,937,000 | |||
Balance, amount at Mar. 31, 2019 | $ (214,208) | $ 2,937 | $ 34,970 | $ (252,115) |
Condensed Statements of Cash Fl
Condensed Statements of Cash Flows (Unaudited) - USD ($) | 3 Months Ended | |
Mar. 31, 2019 | Mar. 31, 2018 | |
Cash Flows from Operating Activities | ||
Net loss | $ (8,545) | $ (8,410) |
Changes in operating assets and liabilities: | ||
Accounts payable | 4,200 | 5,600 |
Accrued interest | 3,044 | 2,810 |
Net cash used by operating activities | (1,301) | 0 |
Cash Flows from Investing Activities | ||
Net cash provided (used) by investing activities | 0 | 0 |
Cash Flows from Financing Activities | ||
Proceeds from notes payable | 1,400 | 0 |
Net cash provided (used) by financing activities | 1,400 | 0 |
Net Increase (Decrease) in Cash | 100 | 0 |
Cash at Beginning of Period | 275 | 675 |
Cash at End of Period | 374 | 675 |
Supplemental Cash Flow Information: | ||
Cash paid for interest | 0 | 0 |
Cash paid for income taxes | $ 0 | $ 0 |
CONDENSED FINANCIAL STATEMENTS
CONDENSED FINANCIAL STATEMENTS | 3 Months Ended |
Mar. 31, 2019 | |
CONDENSED 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 March 31, 2019 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, 2018 audited financial statements as reported in its Form 10K. The results of operations for the three-month period ended March 31, 2019 are not necessarily indicative of the operating results for the full year ended December 31, 2019. |
GOING CONCERN
GOING CONCERN | 3 Months Ended |
Mar. 31, 2019 | |
GOING CONCERN | |
NOTE 2 - GOING CONCERN | The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. The Company has limited assets, has incurred losses since inception, has negative cash flows from operations, and has no revenue-generating activities. Its activities have been limited for the past several years and it is dependent upon financing to continue operations. These factors raise substantial doubt about the ability of the Company to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty. It is management’s plan to acquire or merge with other operating companies. |
NOTES PAYABLE
NOTES PAYABLE | 3 Months Ended |
Mar. 31, 2019 | |
NOTES PAYABLE | |
NOTE 3 - NOTES PAYABLE | As of March 31, 2019 and December 31, 2018 notes payable were $154,340 and $152,940, respectively. These loans are due on demand and bear interest at the rate of 8%. Interest expense on the loans for the three months ended March 31, 2019 and 2018 was $3,045 and $2,810, respectively, resulting in accrued interest of $48,142 and $45,098 at March 31, 2019 and December 31, 2018, respectively. |
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS | 3 Months Ended |
Mar. 31, 2019 | |
SUBSEQUENT EVENTS | |
NOTE 4 - SUBSEQUENT EVENTS | The Company’s management reviewed all material events through the date of this filing and has determined that there are no material subsequent events to report. |
NOTES PAYABLE (Details Narrativ
NOTES PAYABLE (Details Narrative) - USD ($) | 3 Months Ended | ||
Mar. 31, 2019 | Mar. 31, 2018 | Dec. 31, 2018 | |
NOTES PAYABLE | |||
Notes payable | $ 154,340 | $ 152,940 | |
Interest rate | 8.00% | ||
Accrued interest | $ 48,142 | $ 45,098 | |
Interest expense | $ 3,045 | $ 2,810 |