C & C Tours 10-Q 14 Sep 20 2020 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2020	Sep. 14, 2020
Document And Entity Information
Entity Registrant Name	C & C TOURS INC
Entity Central Index Key	0001430319
Document Type	10-Q
Document Period End Date	Jun. 30, 2020
Entity Incorporation, State or Country Code	WY
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity File Number	000-54847
Is Entity's Reporting Status Current?	Yes
Entity Interactive Data Current	Yes
Is Entity Emerging Growth Company?	true
Elected Not To Use the Extended Transition Period	false
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Common Stock, Shares Outstanding		2,937,000
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2020
Entity Shell Company	true

Condensed Balance Sheets (Unaud

Condensed Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
CURRENT ASSETS
Cash	$ 674	$ 374
Total current assets	674	374
TOTAL ASSETS	674	374
CURRENT LIABILITIES
Accounts payable	15,700	10,200
Notes payable - current	167,940	164,940
Accrued interest	64,188	57,586
Total current liabilities	247,828	232,726
TOTAL LIABILITIES	247,828	232,726
STOCKHOLDERS' 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	(285,061)	(270,259)
Stotal stockholders' deficit	(247,154)	(232,352)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 674	$ 374

Condensed Balance Sheets (Paren

Condensed Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Common stock, par value	$ 0.001	$ 0.001
Common stock, authorized	20,000,000	20,000,000
Common stock, issued	2,937,000	2,937,000
Common stock, outstanding	2,937,000	2,937,000

Condensed Statements of Operati

Condensed Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Income Statement [Abstract]
Revenues
Operating expenses
General and administrative	2,700	2,900	8,200	8,400
Total operating expenses	2,700	2,900	8,200	8,400
Net operating loss before other expense	(2,700)	(2,900)	(8,200)	(8,400)
Other income (expense)
Interest expense	(3,306)	(3,116)	(6,602)	(6,161)
Total other income (expense)	(3,306)	(3,116)	(6,602)	(6,161)
Loss from operations before income taxes	(6,006)	(6,016)	(14,802)	(14,561)
Income taxes
Net loss	$ (6,006)	$ (6,016)	$ (14,802)	$ (14,561)
Basic and diluted net loss per share	$ 0	$ 0	$ (0.01)	$ 0
Weighted average shares outstanding	2,937,000	2,937,000	2,937,000	2,937,000

Condensed Statement of Stockhol

Condensed Statement of Stockholders’ Deficit (Unaudited) - USD ($)	Common Stock	Additional Paid-In Capital	Accumulated Deficit	Total
Beginning balance, shares at Dec. 31, 2018	2,937,000
Beginning balance, amount at Dec. 31, 2018	$ 2,937	$ 34,970	$ (243,570)	$ (205,663)
Net loss			(8,545)	(8,545)
Ending balance, shares at Mar. 31, 2019	2,937,000
Ending balance, amount at Mar. 31, 2019	$ 2,937	34,970	(252,115)	(214,208)
Beginning balance, shares at Dec. 31, 2018	2,937,000
Beginning balance, amount at Dec. 31, 2018	$ 2,937	34,970	(243,570)	(205,663)
Net loss				(14,561)
Ending balance, shares at Jun. 30, 2019	2,937,000
Ending balance, amount at Jun. 30, 2019	$ 2,937	34,970	(258,131)	(220,224)
Beginning balance, shares at Mar. 31, 2019	2,937,000
Beginning balance, amount at Mar. 31, 2019	$ 2,937	34,970	(252,115)	(214,208)
Net loss			(6,016)	(6,016)
Ending balance, shares at Jun. 30, 2019	2,937,000
Ending balance, amount at Jun. 30, 2019	$ 2,937	34,970	(258,131)	(220,224)
Beginning balance, shares at Dec. 31, 2019	2,937,000
Beginning balance, amount at Dec. 31, 2019	$ 2,937	34,970	(270,259)	(232,352)
Net loss			(8,796)	(8,796)
Ending balance, shares at Mar. 31, 2020	2,937,000
Ending balance, amount at Mar. 31, 2020	$ 2,937	34,970	(279,055)	(241,148)
Beginning balance, shares at Dec. 31, 2019	2,937,000
Beginning balance, amount at Dec. 31, 2019	$ 2,937	34,970	(270,259)	(232,352)
Net loss				(14,802)
Ending balance, shares at Jun. 30, 2020	2,937,000
Ending balance, amount at Jun. 30, 2020	$ 2,937	34,970	(285,061)	(247,154)
Beginning balance, shares at Mar. 31, 2020	2,937,000
Beginning balance, amount at Mar. 31, 2020	$ 2,937	34,970	(279,055)	(241,148)
Net loss			(6,006)	(6,006)
Ending balance, shares at Jun. 30, 2020	2,937,000
Ending balance, amount at Jun. 30, 2020	$ 2,937	$ 34,970	$ (285,061)	$ (247,154)

Condensed Statements of Cash Fl

Condensed Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Cash Flows from Operating Activities
Net Loss	$ (14,802)	$ (14,561)
Changes in operating assets and liabilities:
Accounts payable	5,500	3,100
Accrued interest	6,602	6,161
Net cash used by operating activities	(2,700)	(5,300)
Cash Flows from Investing Activities
Net cash provided (used) by investing activities
Cash Flows from Financing Activities
Proceeds from notes payable	3,000	5,400
Net cash provided by financing activities	3,000	5,400
Net Increase (Decrease) in Cash	300	100
Cash at Beginning of Period	374	274
Cash at End of Period	674	374
Supplemental Cash Flow Information:
Cash paid for interest
Cash paid for income taxes

CONDENSED FINANCIAL STATEMENTS

CONDENSED FINANCIAL STATEMENTS	6 Months Ended
	Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
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, 2020 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, 2019 audited financial statements as reported in its Form 10K. The results of operations for the three-month period ended March 31, 2020 are not necessarily indicative of the operating results for the full year ended December 31, 2020.

GOING CONCERN

GOING CONCERN	6 Months Ended
	Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
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. The COVID-19 pandemic could have an impact on our ability to obtain financing to fund our operations. The Company is unable to predict the ultimate impact at this time.

NOTES PAYABLE

NOTES PAYABLE	6 Months Ended
	Jun. 30, 2020
Debt Disclosure [Abstract]
NOTES PAYABLE	NOTE 3 – NOTES PAYABLE As of March 31, 2020 and December 31, 2019 notes payable were $164,940. 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, 2020 and 2019 were $3,296 and $3,045, respectively. Accrued interest on the notes payable totaled $60,882 and $57,586 at March 31, 2020 and December 31, 2019, respectively.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Jun. 30, 2020
Subsequent Events [Abstract]
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 ($)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Debt Disclosure [Abstract]
Notes payable - current	$ 167,940		$ 164,940
Interest rate	8.00%	8.00%
Interest expense on loans	$ 3,296	$ 3,045
Accrued interest on notes payable	$ 60,882		$ 57,586