Centurytouch 10-K 17 Jan 14 2013 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Jun. 30, 2013	Jan. 16, 2014
Document And Entity Information	'	'
Entity Registrant Name	'Centurytouch Ltd	'
Entity Central Index Key	'0001491830	'
Document Type	'10-K	'
Document Period End Date	30-Jun-13	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--06-30	'
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	'	31,390,000
Entity Public Float	'	$0
Document Fiscal Period Focus	'FY	'
Document Fiscal Year Focus	'2013	'

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2013	Jun. 30, 2012
CURRENT ASSETS	'	'
Cash and cash equivalents	$50,164	$5,505
Trade accounts receivable	'	'
Other receivables	'	'
Other Assets	6,634	'
Other Assets - related expense	15,877	'
TOTAL CURRENT ASSETS	72,675	'
FIXED ASSETS	'	'
Property, plant, and equipment	3,828,221	'
Land	423,330	'
Accumulated depreciation	-232,212	'
NET FIXED ASSETS	4,019,339	'
TOTAL ASSETS	4,092,014	'
CURRENT LIABILITIES	'	'
Bank loans - current portion	65,429	'
Loans payable - related party	2,383,413	'
Accounts payable	24,023	'
Receipt in advance	'	'
TOTAL CURRENT LIABILITIES	2,472,865	'
LONG-TERM LIABILITIES	'	'
Bank loans - non current portion	1,949,882	'
TOTAL LONG-TERM LIABILITIES	1,949,882	'
COMMITMENTS AND CONTINGENCIES	'	'
TOTAL LIABILITIES	4,422,747	'
STOCKHOLDERS' (DEFICIT) / EQUITY	'	'
Preferred stock ($.0001 par value, 20,000,000 shares authorized, none issued and outstanding as of June 30, 2013 and 2012, respectively)	'	'
Common stock ($.0001 par value, 500,000,000 shares authorized, 31,390,000 shares issued and outstanding as of June 30, 2013 and 2012, respectively)	3,139	'
Additional paid in capital	199,671	'
Accumulated other comprehensive income (loss)	11,069	'
Retained earnings	-544,612	'
TOTAL STOCKHOLDERS' (DEFICIT) / EQUITY	-330,733	-78,451
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) / EQUITY	4,092,014	'
Restated [Member]	'	'
CURRENT ASSETS	'	'
Cash and cash equivalents	'	5,505
Trade accounts receivable	'	2,039
Other receivables	'	38,238
Other Assets	'	'
Other Assets - related expense	'	'
TOTAL CURRENT ASSETS	'	45,782
FIXED ASSETS	'	'
Property, plant, and equipment	'	3,948,041
Land	'	436,580
Accumulated depreciation	'	-113,141
NET FIXED ASSETS	'	4,271,480
TOTAL ASSETS	'	4,317,262
CURRENT LIABILITIES	'	'
Bank loans - current portion	'	107,043
Loans payable - related party	'	2,211,080
Accounts payable	'	40,871
Receipt in advance	'	10,778
TOTAL CURRENT LIABILITIES	'	2,369,772
LONG-TERM LIABILITIES	'	'
Bank loans - non current portion	'	2,025,941
TOTAL LONG-TERM LIABILITIES	'	2,025,941
COMMITMENTS AND CONTINGENCIES	'	'
TOTAL LIABILITIES	'	4,395,713
STOCKHOLDERS' (DEFICIT) / EQUITY	'	'
Preferred stock ($.0001 par value, 20,000,000 shares authorized, none issued and outstanding as of June 30, 2013 and 2012, respectively)	'	'
Common stock ($.0001 par value, 500,000,000 shares authorized, 31,390,000 shares issued and outstanding as of June 30, 2013 and 2012, respectively)	'	3,139
Additional paid in capital	'	82,570
Accumulated other comprehensive income (loss)	'	764
Retained earnings	'	-164,924
TOTAL STOCKHOLDERS' (DEFICIT) / EQUITY	'	-78,451
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) / EQUITY	'	$4,317,262

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Jun. 30, 2013	Jun. 30, 2012
STOCKHOLDERS' (DEFICIT) / EQUITY	'	'
Preferred Stock, par value	$0.00	$0.00
Preferred Stock, Authorized	20,000,000	20,000,000
Preferred Stock, Issued	0	0
Preferred Stock, outstanding	0	0
Common stock, par value	$0.00	$0.00
Common stock, Authorized	500,000,000	500,000,000
Common stock, Issued	31,390,000	31,390,000
Common stock, outstanding	31,390,000	31,390,000

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $)	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
Revenues	'	'
Rental income	$238,765	'
Cost of revenues	153,408	'
Gross profits	85,357	'
Operating expenses	'	'
General and administrative	217,812	'
Total Operating Expenses	217,812	'
Income from operations	-132,455	'
Other income (expenses)	'	'
Interest expenses	-247,233	'
Total other income (expense)	-247,233	'
(Loss) income before income taxes	-379,688	'
Income taxes	0	'
Net (loss) income	-379,688	-128,286
Other comprehensive income	'	'
Foreign currency translation adjustment	10,305	740
Comprehensive income	-369,383	'
Earnings per common share	'	'
Basic	($0.01)	'
Fully diluted	($0.01)	'
Weighted average common shares outstanding	'	'
Basic	31,390,000	'
Fully diluted	31,390,000	'
Restated [Member]	'	'
Revenues	'	'
Rental income	'	145,725
Cost of revenues	'	80,371
Gross profits	'	65,354
Operating expenses	'	'
General and administrative	'	70,839
Total Operating Expenses	'	70,839
Income from operations	'	-5,485
Other income (expenses)	'	'
Interest expenses	'	-122,801
Total other income (expense)	'	-122,801
(Loss) income before income taxes	'	-128,286
Income taxes	'	0
Net (loss) income	'	-128,286
Other comprehensive income	'	'
Foreign currency translation adjustment	'	740
Comprehensive income	'	($127,546)
Earnings per common share	'	'
Basic	'	'	[1]
Fully diluted	'	'	[1]
Weighted average common shares outstanding	'	'
Basic	'	31,390,000
Fully diluted	'	31,390,000
[1]	** Less than $.01

CONSOLIDATED_STATEMENTS_OF_STO

CONSOLIDATED STATEMENTS OF STOCKHOLDERS EQUITY (RESTATED) (USD $)	Common Stock	Preferred Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Income (loss)	Retained Earnings	Total
Beginning Balance, Amount at Jun. 30, 2011	$3,139	'	$36,052	$24	($36,638)	$2,577
Beginning Balance, Shares at Jun. 30, 2011	31,390,000	'	'	'	'	'
Shareholder's contribution related to imputed interest	'	'	46,518	'	'	46,518
Foreign currency translation income	'	'	'	740	'	740
Net (loss)	'	'	'	'	-128,286	-128,286
Ending Balance, Amount at Jun. 30, 2012	3,139	'	82,570	764	-164,924	-78,451
Ending Balance, Shares at Jun. 30, 2012	31,390,000	'	'	'	'	'
Shareholder's contribution	'	'	117,101	'	'	117,101
Foreign currency translation income	'	'	'	10,305	'	10,305
Net (loss)	'	'	'	'	-379,688	-379,688
Ending Balance, Amount at Jun. 30, 2013	$3,139	'	$199,671	$11,069	($544,612)	($330,733)
Ending Balance, Shares at Jun. 30, 2013	31,390,000	'	'	'	'	'

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'
Net (loss) income	($379,688)	($128,286)
Adjustments to reconcile net income to net cash provided by (used in) operating activities:	'	'
Depreciation	126,314	80,371
Imputed interest	117,024	'
Changes in operating assets and liabilities:	'	'
Trade accounts receivable	2,039	'
Other receivables	38,230	'
Prepaid Expense	-23,211	'
Accounts payable	-16,093	'
Taxes payable	'	'
Other payables and accrued liabilities	-10,776	'
NET CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES	-146,161	'
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'
Purchase of property, plant, and equipment	'	'
Purchase of land	'	'
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	'	'
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'
(Repayments) to bank loan	-54,586	'
Proceeds from related party loans	246,885	'
Contributions from shareholders	80	'
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	192,379	'
Foreign currency adjustment	-1,559	'
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	44,659	'
CASH AND CASH EQUIVALENTS:	'	'
Beginning of period	5,505	'
End of period	50,164	5,505
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:	'	'
Cash paid during the years for: Interest	130,209	'
Cash paid during the years for: Taxes	99	'
NON-CASH INVESTING AND FINANCING ACTIVITIES:	'	'
Incurrence of bank note payable for purchase of building	'	'
Restated [Member]	'	'
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'
Net (loss) income	'	-128,286
Adjustments to reconcile net income to net cash provided by (used in) operating activities:	'	'
Depreciation	'	80,371
Imputed interest	'	46,518
Changes in operating assets and liabilities:	'	'
Trade accounts receivable	'	-2,059
Other receivables	'	-37,681
Prepaid Expense	'	'
Accounts payable	'	41,275
Taxes payable	'	-9,538
Other payables and accrued liabilities	'	-26,871
NET CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES	'	-36,271
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'
Purchase of property, plant, and equipment	'	-1,373,602
Purchase of land	'	-150,511
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	'	-1,524,113
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'
(Repayments) to bank loan	'	'
Proceeds from related party loans	'	1,561,408
Contributions from shareholders	'	'
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	'	1,561,408
Foreign currency adjustment	'	-121
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	'	903
CASH AND CASH EQUIVALENTS:	'	'
Beginning of period	'	4,602
End of period	'	5,505
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:	'	'
Cash paid during the years for: Interest	'	76,283
Cash paid during the years for: Taxes	'	9,538
NON-CASH INVESTING AND FINANCING ACTIVITIES:	'	'
Incurrence of bank note payable for purchase of building	'	$1,462,201

ORGANIZATION_AND_BUSINESS_BACK

ORGANIZATION AND BUSINESS BACKGROUND	12 Months Ended
	Jun. 30, 2013
Notes to Financial Statements	'
1. ORGANIZATION AND BUSINESS BACKGROUND	'
	CenturyTouch Ltd Inc. (the "Company") was incorporated under the laws of the State of Delaware on August 12, 2010. The Company intended to serve as a vehicle to effect an asset acquisition, merger, and exchange of capital stock or other business combination with a domestic or foreign business. The Company has been inactive until its Share Purchase Agreement (the “SPA”) was entered with Centurytouch Ltd., a corporation organized and existing under the laws of United Kingdom (“CTL”) on April 12, 2012.
	Pursuant to the SPA, William Tay, the sole shareholder of the Company, consummated a sale of 31,390,000 shares of the Company’s common stock to CTL for an aggregate purchase price of $69,990. Simultaneously, CTL entered into a share exchange agreement with all the stockholders of CTL, pursuant to which 53 shares of CTL, representing 100% of the issued and outstanding ordinary shares of CTL, were exchanged for 17,703,960 shares of common stock of the Company. Upon completion of the exchange, CTL became a wholly-owned subsidiary of the Company and Eric Y. K. Wong, the founder and majority shareholder of CTL, then owned a ‘controlling interest’ in the Company representing 61% of the issued and outstanding shares of Common Stock. On April 21, 2012, the Company changed its name from Kallisto Ventures, Inc. to CenturyTouch Ltd Inc. to more accurately reflect its business after the share exchange transaction with CTL aforementioned.
	The share exchange transaction has been accounted for as a reverse acquisition and recapitalization of the Company whereby CTL is deemed to be the accounting acquirer (legal acquiree) and the Company to be the accounting acquiree (legal acquirer). The accompanying consolidated financial statements are in substance those of CTL, with the assets and liabilities, and revenues and expenses, of the Company being included effective from the date of share exchange transaction. The Company is deemed to be a continuation of the business of CTL, which owns and operates multi-unit properties throughout the Midlands area of England. Accordingly, the accompanying consolidated financial statements include the following:
	(1) The balance sheet consists of the net assets of the accounting acquirer at historical cost and the net assets of the accounting acquiree at historical cost;
	(2) The financial position, results of operations, and cash flows of the accounting acquirer for all periods presented as if the recapitalization had occurred at the beginning of the earliest period presented and the operations of the accounting acquiree from the date of share exchange transaction.
	The Company and CTL are hereafter collectively referred to as the “Company”.

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Jun. 30, 2013
Notes to Financial Statements	'
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	Basis of Presentation
	These accompanying consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“US GAAP”) under the accrual basis of accounting, and are presented in US dollars.
	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 revenue and expenses in the financial statements and accompanying notes. Actual results could differ from such estimates.
	Basis of Consolidation
	All inter-company transactions and balances within the Company have been eliminated upon consolidation.
	Cash and Cash Equivalents
	Cash and cash equivalents are carried at cost and represent cash on hand, demand deposits placed with banks or other financial institutions and all highly liquid investments with an original maturity of three months or less as of the purchase date of such investments.
	Fixed Assets, Net
	Fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses, if any. Depreciation is calculated on the straight-line basis over the following expected useful lives from the date on which they become fully operational and after taking into account their estimated residual values:
		Depreciable life		Residual value
	Commercial properties	39 years			0	%
	Residential properties	27.5 years			0	%
	Furniture and fixture	7 years			0	%
	Expenditures for maintenance and repairs are expensed as incurred.
	Impairment of Long-Lived Assets
	The Company evaluates the recoverability of its fixed assets and other assets in accordance with section 360-10-15 of the FASB Accounting Standards Codification for disclosures about Impairment or Disposal of Long-Lived Assets. Disclosure requires recognition of impairment of long-lived assets in the event the net book value of such assets exceeds its expected cash flows. If so, it is considered to be impaired and is written down to fair value, which is determined based on either discounted future cash flows or appraised values. The Company adopted the statement on inception. No impairments of these types of assets were recognized during the years ended June 30, 2013 and 2012, respectively.
	Revenue Recognition
	The Company’s revenue is derived from rental income from the multi-unit properties throughout the Midlands area of England. In accordance with section 605-10-S99-1 of the FASB Accounting Standards Codification for revenue recognition, the cost of property held for leasing by major classes of property according to nature or function, and the amount of accumulated depreciation in total, is presented in the accompanying balance sheets as of June 30, 2013 and 2012. There are no contingent rentals included in income in the accompanying statements of operations. Revenue is recognized on a straight-line basis and amortized into income on a monthly basis, over the lease term.
	Cost of Revenues
	Cost of revenues consists primarily of material costs, direct labor, depreciation and overhead, which are directly attributable to the revenue generation. The depreciation expenses in connection with the rental properties are included in cost of revenues.
	Income Taxes
	Income taxes are determined in accordance with Accounting Standards Codification Topic 740, “Income Taxes” (“ASC 740”). Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted income tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Any effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.
	ASC 740 prescribes a comprehensive model for how companies should recognize, measure, present, and disclose in their financial statements uncertain tax positions taken or expected to be taken on a tax return. Under ASC 740, tax positions must initially be recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and relevant facts. Income tax periods 2013 and 2012 are open for tax examination by taxing authority.
	The Company conducts its major businesses in United Kingdom and is subject to tax liabilities in this jurisdiction. As a result of its business activities, the Company files tax returns that are subject to examination by the foreign tax authorities. As of June 30, 2013 and 2012, the Company had outstanding tax due in amount of $0 and $9,538, respectively, with its tax authority in United Kingdom.
	Comprehensive Income (Loss)
	FASB ASC 220, “Reporting Comprehensive Income”, establishes standards for reporting and display of comprehensive income, its components and accumulated balances. Comprehensive income as defined includes all changes in equity during the year from non-owner sources. Accumulated other comprehensive income, as presented in the accompanying consolidated balance sheets, consists of changes in unrealized gains and losses on foreign currency translation. This comprehensive income is not included in the computation of income tax expense or benefit.
	Foreign Currency Translation
	Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transaction. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency using the applicable exchange rates at the balance sheet dates. The resulting exchange differences are recorded in the statement of comprehensive income.
	The reporting currency of the Company is the United States Dollars ("US$"). The Company's subsidiary in United Kingdom maintains its books and records in its local currency, U.K. Pound Sterling ("GBP"), which is functional currency as being the primary currency of the economic environment in which the entity operates.
	In general, for consolidation purposes, assets and liabilities of its subsidiaries whose functional currency is not US$ are translated into US$, in accordance with ASC Topic 830-30, “Translation of Financial Statement”, using the exchange rate on the balance sheet date. Revenues and expenses are translated at average rates prevailing during the periods. The gains and losses resulting from translation of financial statements of foreign subsidiaries are recorded as a separate component of accumulated other comprehensive income.
	Translation of amounts from GBP into US$ has been made at the following exchange rates for the respective periods:
			30-Jun-13				30-Jun-12
	Period ended 1GBP:US$ exchange rate			1.5208				1.5684
			For the year ended				For the year ended
			30-Jun-13				June 30, 2012
	Period average 1GBP:US$ exchange rate			1.5681				1.5839
	Basic and diluted earnings per share
	The Company reports earnings per share in accordance with FASB ASC 260 “Earnings per Share”. This statement requires dual presentation of basic and diluted earnings with a reconciliation of the numerator and denominator of the earnings per share computations. Basic earnings per share amounts are based on the weighted average shares of common outstanding. If applicable, diluted earnings per share assume the conversion, exercise or issuance of all common stock instruments such as options, warrants and convertible securities, unless the effect is to reduce a loss or increase earnings per share. Accordingly, this presentation has been adopted for the periods presented. There were no adjustments required to net income for the periods presented in the computation of diluted earnings per share.
	Related parties
	The Company follows subtopic 850-10 of the FASB Accounting Standards Codification for the identification of related parties and disclosure of related party transactions.
	Pursuant to Section 850-10-20 the Related parties include a. affiliates of the Company; b. Entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of Section 825–10–15, to be accounted for by the equity method by the investing entity; c. trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of management; d. principal owners of the Company; e. management of the Company; f. other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and g. Other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests.
	The financial statements shall include disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of financial statements is not required in those statements. The disclosures shall include: a. the nature of the relationship(s) involved; b. a description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements; c. the dollar amounts of transactions for each of the periods for which income statements are presented and the effects of any change in the method of establishing the terms from that used in the preceding period; and d. amounts due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of settlement.
	Subsequent Events
	The Company evaluated for subsequent events through the issuance date of the Company’s financial statements.
	Recently Issued Accounting Standards
	The Company has reviewed all recently issued, but not yet effective, accounting pronouncements up to ASU 2013-11, and does not believe the future adoption of any such pronouncements may be expected to cause a material impact on its consolidated financial condition or the consolidated results of its operations.

PROPERTY_PLANT_AND_EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	12 Months Ended
	Jun. 30, 2013
Notes to Financial Statements	'
3. PROPERTY, PLANT AND EQUIPMENT	'
	Property, plant and equipment are comprised of the following amounts at the respective dates:
		As of
		30-Jun-13			30-Jun-12
					(Restated)
	Cost:
	Rental properties – commercial and residential	$	3,809,971		$	3,929,220
	Land		423,330			436,580
	Furniture and fixture		18,250			18,821
	Total		4,251,551			4,384,621
	Accumulated depreciation		(232,212	)		(113,141	)
	Net	$	4,019,339		$	4,271,480
	The value of land is evaluated by the Company periodically to determine the recoverability rather than depreciated over time. No impairments of land were recognized during the years ended June 30, 2013 and 2012, respectively.
	During the years ended June 30, 2013 and 2012, the Company had depreciation expenses of $126,314 and $80,371, respectively, included in cost of revenues.

NOTES_PAYABLE_RELATED_PARTIES

NOTES PAYABLE - RELATED PARTIES	12 Months Ended
	Jun. 30, 2013
Notes to Financial Statements	'
4. NOTES PAYABLE - RELATED PARTIES	'
	The Company had outstanding balances on its notes payable to Eric Y. K. Wong (“Mr. Wong”), the President and majority shareholder of the Company, in amount of $2,383,413 and $2,211,080 as of June 30, 2013 and 2012, respectively. The funds borrowed from the Company’s President were to fund the Company’s purchase of properties and daily operations. There are no formal promissory notes but rather an oral agreement between the President and the Company. The notes are unsecured, due on demand with imputed interest at the rate of 5% per annum. Accordingly, the imputed interest expenses of $117,024 and $46,518 during the years ended June 30, 2013 and 2012, respectively, were credited to additional paid in capital as shareholder’s contribution.

NOTES_PAYABLE

NOTES PAYABLE	12 Months Ended
	Jun. 30, 2013
Notes to Financial Statements	'
5. NOTES PAYABLE	'
	The Company had outstanding balances on its notes payable of the following amounts as of June 30, 2013 and 2012:
		As of
		June 30,			June 30,
		2013			2012
					(Restated)
	Aldermore Bank PLC, interest rate of 5.35%+LIBOR*, due on December 20, 2031		2,015,311		2,132,984
	Total notes payable	$	2,015,311	$	2,132,984
	Less: Current portion of notes payable		-65,429		-107,043
	Total long-term notes payable	$	1,949,882	$	2,025,941
	___________
	* LIBOR =ondon Interbank Offered Rate
	The mortgage finance with Aldermore Bank PLC commenced on February of 2012 and secured by the following properties with total book value of approximately $3,403,777 as of June 30, 2013.
	240 Derby Road, Nottingham, NG7 1NX
	27-29 Westgate & 61-63 Welby Street, Grantham, Lincolnshire, NG34 6LX
	310, 312, 314, & 343 Carlton Hill, Nottingham, NG4 1JE
	53 High Street, King’s Lynn, Norfolk, PE30 1BE
	62 Gold Street, Northampton, NN1 1RS
	453 Firth Park Road, Sheffield, S5 6QQ

CAPITAL_STRUCTURE

CAPITAL STRUCTURE	12 Months Ended
	Jun. 30, 2013
Notes to Financial Statements	'
6. CAPITAL STRUCTURE	'
	As of June 30, 2013, the Company was authorized to issue 500,000,000 shares of common stock, par value $.0001 per share, of which 31,390,000 shares issued and outstanding, and was authorized to issue 20,000,000 shares of preferred stock, par value $.0001 per share, none of which issued and outstanding.
	On April 12, 2012, CTL entered into a share exchange agreement with all the stockholders of CTL, pursuant to which 53 shares of CTL, representing 100% of the issued and outstanding ordinary shares of CTL, were exchanged for 17,703,960 shares of common stock of the Company. Upon completion of the exchange, CTL became a wholly-owned subsidiary of the Company and Eric Y. K. Wong, the founder and majority shareholder of CTL, then owned a ‘controlling interest’ in the Company representing 61% of the issued and outstanding shares of Common Stock.

INCOME_TAXES

INCOME TAXES	12 Months Ended
	Jun. 30, 2013
Notes to Financial Statements	'
7. INCOME TAXES	'
	United States
	The Company was incorporated under the laws of the State of Delaware and is subject to U.S. tax. No provisions for income taxes had been made as the Company had no taxable income for the years presented.
	United Kingdom
	The Company’s subsidiary is located in United Kingdom, which is subject to United Kingdom corporate tax. Provisions for corporate taxes had been accrued.
	The Company uses the asset and liability method, where deferred tax assets and liabilities are determined based on the expected future tax consequences of temporary differences between the carrying amounts of assets and liabilities for financial and income tax reporting purposes. There were no material timing differences and therefore no deferred tax asset or liability as of June 30, 2013 and 2012. There was a net operating loss carry forward as of June 30, 2013 of approximately $544,612.
	The effective income tax expense for the years ended June 30, 2013 and 2012 are as follows:
		2013		2012
				(Restated)
	Current taxes	$	0	$	0
	Deferred taxes		0		0
		$	0	$	0

COMMITMENT_AND_CONTINGENCIES

COMMITMENT AND CONTINGENCIES	12 Months Ended
	Jun. 30, 2013
Notes to Financial Statements	'
8. COMMITMENT AND CONTINGENCIES	'
	Neither does the Company own any property for the use of administration nor does it have any plans to lease any property in the future for such use since the majority workload in administration was outsourced to third parties. There was no rental expenses during the years ended June 30, 2013 and 2012, respectively.

GOING_CONCERN

GOING CONCERN	12 Months Ended
	Jun. 30, 2013
Notes to Financial Statements	'
9. GOING CONCERN	'
	These financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates, among other things, the realization of assets and the satisfaction of liabilities in the normal course of business. As of June 30, 2013, the Company had net working capital deficiency of $2,334,761 and accumulated deficit of $544,612, and required capital for its contemplated operation and marketing activities to take place. The Company's ability to raise additional capital through the future issuances of common stock is unknown. The obtainment of additional financing, the successful development of the Company's contemplated plan of operations, and its transition, ultimately, to the attainment of profitable operations are necessary for the Company to continue operations. The ability to successfully resolve these factors raise substantial doubt about the Company's ability to continue as a going concern.
	Future issuances of the Company's equity or debt securities will be required in order for the Company to continue to finance its operations and continue as a going concern. The Company's present revenues are insufficient to meet operating expenses. The financial statements do not include any adjustments that may result from the outcome of these aforementioned uncertainties.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Jun. 30, 2013
Notes to Financial Statements	'
10. SUBSEQUENT EVENTS	'
	In accordance with ASC Topic 855-10, the Company has analyzed its operations subsequent to June 30, 2013 to the date these financial statements were issued, and has determined that it does not have other material subsequent events to disclose in these financial statements.

Disclosure_RESTATEMENTS_OF_FIN

Disclosure - RESTATEMENTS OF FINANCIAL STATEMENTS	12 Months Ended
	Jun. 30, 2013
Notes to Financial Statements	'
11. RESTATEMENTS OF FINANCIAL STATEMENTS	'
	On October 29, 2013, the Company’s management concluded that the Company’s audited financial statements for the year ended June 30, 2012 should no longer be replied on.
	Specifically, on the consolidated balance sheet, the company’s cash and cash equivalents was overstated by $9 as of June 30, 2012. The company’s trade accounts receivable was understated by $2,039 as of June 30, 2012. The company’s other receivables was understated by $38,238 as of June 30, 2012. The company’s other assets was overstated by $40,343 as of June 30, 2012. The company’s net land and building was overstated by $117,581, and not separately present the amount of the property, plant, and equipment, land, and accumulated depreciation as of June 30, 2012. The company’s investments account was overstated by $2 as of June 30, 2012. The company’s current portion of bank loan was overstated by $58,048 as of June 30, 2012. The company’s related party loans payable was understated by $6,165 and classified as long term liabilities instead of short term liabilities, as of June 30, 2012. The company’s accounts payable was overstated by $19,824 as of June 30, 2012. The company’s accruals and deferred income was overstated by $16,995 as of June 30, 2012. The company’s receipt in advance was understated by $10,778 as of June 30, 2012. The company’s noncurrent portion of bank loan was understated by $70,639 as of June 30, 2012. The company’s common stock was understated by $3,138 as of June 30, 2012. The company’s additional paid in capital was understated by $82,568 as of June 30, 2012. The company’s accumulated other comprehensive income (loss) was understated by $764 as of June 30, 2012. The company’s accumulated other comprehensive income was overstated by $196,842 as of June 30, 2012.
	On the consolidated statement of income and comprehensive income, the company’s rental income was understated by $ 1,187 for the year ended June 30, 2012. The company’s cost of revenue was understated by $ 80,371 for the year ended June 30, 2012. The company’s general and administrative was overstated by $2,250 for the year ended June 30, 2012. The company’s interest expense was understated by $47,139 for the year ended June 30, 2012. The company’s foreign currency translation adjustment was understated by $740 for the year ended June 30, 2012. The company’s weight average common shares outstanding basic was understated by 31,389,947 shares for the year ended June 30, 2012. The company’s fully diluted was understated by 31,389,947 shares for the year ended June 30, 2012
	The following table sets forth all the accounts in the original amounts, restated amounts, and the difference between them, respectively.
	CenturyTouch Ltd Inc. and subsidiary
	Audited Consolidated Balance Sheets
	As of June 30, 2012
		Original			Restated			Difference
	ASSETS
	CURRENT ASSETS
	Cash and cash equivalents	$	5,514		$	5,505		$	9
	Trade accounts receivable		-			2,039			(2,039	)
	Other receivables		-			38,238			(38,238	)
	Other Assets		40,343			-			40,343
	TOTAL CURRENT ASSETS		45,857			45,782			75
	FIXED ASSETS
	Property, plant, and equipment		4,389,061			3,948,041			441,020
	Land		-			436,580			(436,580	)
	Accumulated depreciation		-			(113,141	)		113,141
	Net Land and Buildings		4,389,061			4,271,480			117,581
	Investments		2			-			2
	Total Fixed Assets		4,389,063			4,271,480			117,583
	TOTAL ASSETS	$	4,434,920		$	4,317,262		$	117,658
	LIABILITIES AND STOCKHOLDERS' (DEFICIT) / EQUITY
	CURRENT LIABILITIES
	Bank loans - current portion	$	165,091		$	107,043		$	58,048
	Loans payable - related party		-			2,211,080			(2,211,080	)
	Accounts payable		60,695			40,871			19,824
	Accurals and deffered income		16,995			-			16,995
	Receipt in advance		-			10,778			(10,778	)
	TOTAL CURRENT LIABILITIES		242,781			2,369,772			(2,126,991	)
	LONG-TERM LIABILITIES
	Loans payable - related party		2,204,915			-			2,204,915
	Bank loans - non current portion		1,955,302			2,025,941			(70,639	)
	TOTAL LONG-TERM LIABILITIES		4,160,217			2,025,941			2,134,276
	TOTAL LIABILITIES		4,402,998			4,395,713			7,285
	COMMITMENTS AND CONTINGENCIES
	STOCKHOLDERS' (DEFICIT) / EQUITY
	Preferred stock ($.0001 par value, 20,000,000 shares authorized, none issued and outstanding		-			-			-
	as of June 30, 2013 and 2012, respectively)
	Common stock ($.0001 par value, 500,000,000 shares authorized, 31,390,000 shares,		1			3,139			(3,138	)
	issued and outstanding as of June 30, 2013 and 2012, respectively)
	Additional paid in capital		2			82,570			(82,568	)
	Accumulated other comprehensive income (loss)		-			764			(764	)
	Retained earnings		31,918			(164,924	)		196,842
	TOTAL STOCKHOLDERS' (DEFICIT) / EQUITY		31,921			(78,451	)		110,372
	TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) / EQUITY	$	4,434,920		$	4,317,262		$	117,658
	CenturyTouch Ltd Inc. and subsidiary
	Audited Consolidated Statements of Income and Comprehensive Income
	For the Years ended June 30, 2012
		Original			Restated			Difference
	Revenues
	Rental income	$	144,538		$	145,725		$	(1,187	)
	Cost of revenues		-			80,371			(80,371	)
	Gross profits		144,538			65,354			79,184
	Operating expenses
	General and administrative		73,089			70,839			2,250
	Total Operating Expenses		73,089			70,839			2,250
	Income from operations		71,449			(5,485	)		76,934
	Other income (expenses)
	Interest expenses		(75,662	)		(122,801	)		47,139
	Total other income (expense)		(75,662	)		(122,801	)		47,139
	(Loss) income before income taxes		(4,213	)		(128,286	)		124,073
Income taxes		-			-			-
Net (loss) income	$	(4,213	)	$	(128,286	)	$	124,073
Other comprehensive income
Foreign currency translation adjustment		-			740			(740	)
Comprehensive income	$	(4,213	)	$	(127,546	)	$	123,333
Earnings per common share
Basic	$	(79	)		**			N/A
Fully diluted	$	(79	)		**			N/A
Weighted average common shares outstanding
Basic		53			31,390,000			(31,389,947	)
Fully diluted		53			31,390,000			(31,389,947	)
** Less than $.01

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Jun. 30, 2013
Summary Of Significant Accounting Policies Policies	'
Basis of Presentation	'
	These accompanying consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“US GAAP”) under the accrual basis of accounting, and are presented in US dollars.
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 revenue and expenses in the financial statements and accompanying notes. Actual results could differ from such estimates.
Basis of Consolidation	'
	All inter-company transactions and balances within the Company have been eliminated upon consolidation.
Cash and Cash Equivalents	'
	Cash and cash equivalents are carried at cost and represent cash on hand, demand deposits placed with banks or other financial institutions and all highly liquid investments with an original maturity of three months or less as of the purchase date of such investments.
Fixed Assets, Net	'
	Fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses, if any. Depreciation is calculated on the straight-line basis over the following expected useful lives from the date on which they become fully operational and after taking into account their estimated residual values:
		Depreciable life		Residual value
	Commercial properties	39 years			0	%
	Residential properties	27.5 years			0	%
	Furniture and fixture	7 years			0	%
	Expenditures for maintenance and repairs are expensed as incurred.
Impairment of Long-Lived Assets	'
	The Company evaluates the recoverability of its fixed assets and other assets in accordance with section 360-10-15 of the FASB Accounting Standards Codification for disclosures about Impairment or Disposal of Long-Lived Assets. Disclosure requires recognition of impairment of long-lived assets in the event the net book value of such assets exceeds its expected cash flows. If so, it is considered to be impaired and is written down to fair value, which is determined based on either discounted future cash flows or appraised values. The Company adopted the statement on inception. No impairments of these types of assets were recognized during the years ended June 30, 2013 and 2012, respectively.
Revenue Recognition	'
	The Company’s revenue is derived from rental income from the multi-unit properties throughout the Midlands area of England. In accordance with section 605-10-S99-1 of the FASB Accounting Standards Codification for revenue recognition, the cost of property held for leasing by major classes of property according to nature or function, and the amount of accumulated depreciation in total, is presented in the accompanying balance sheets as of June 30, 2013 and 2012. There are no contingent rentals included in income in the accompanying statements of operations. Revenue is recognized on a straight-line basis and amortized into income on a monthly basis, over the lease term.
Cost of Revenues	'
	Cost of revenues consists primarily of material costs, direct labor, depreciation and overhead, which are directly attributable to the revenue generation. The depreciation expenses in connection with the rental properties are included in cost of revenues.
Income Taxes	'
	Income taxes are determined in accordance with Accounting Standards Codification Topic 740, “Income Taxes” (“ASC 740”). Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted income tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Any effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.
	ASC 740 prescribes a comprehensive model for how companies should recognize, measure, present, and disclose in their financial statements uncertain tax positions taken or expected to be taken on a tax return. Under ASC 740, tax positions must initially be recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and relevant facts. Income tax periods 2013 and 2012 are open for tax examination by taxing authority.
	The Company conducts its major businesses in United Kingdom and is subject to tax liabilities in this jurisdiction. As a result of its business activities, the Company files tax returns that are subject to examination by the foreign tax authorities. As of June 30, 2013 and 2012, the Company had outstanding tax due in amount of $0 and $9,538, respectively, with its tax authority in United Kingdom.
Comprehensive Income (Loss)	'
	FASB ASC 220, “Reporting Comprehensive Income”, establishes standards for reporting and display of comprehensive income, its components and accumulated balances. Comprehensive income as defined includes all changes in equity during the year from non-owner sources. Accumulated other comprehensive income, as presented in the accompanying consolidated balance sheets, consists of changes in unrealized gains and losses on foreign currency translation. This comprehensive income is not included in the computation of income tax expense or benefit.
Foreign Currency Translation	'
	Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transaction. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency using the applicable exchange rates at the balance sheet dates. The resulting exchange differences are recorded in the statement of comprehensive income.
	The reporting currency of the Company is the United States Dollars ("US$"). The Company's subsidiary in United Kingdom maintains its books and records in its local currency, U.K. Pound Sterling ("GBP"), which is functional currency as being the primary currency of the economic environment in which the entity operates.
	In general, for consolidation purposes, assets and liabilities of its subsidiaries whose functional currency is not US$ are translated into US$, in accordance with ASC Topic 830-30, “Translation of Financial Statement”, using the exchange rate on the balance sheet date. Revenues and expenses are translated at average rates prevailing during the periods. The gains and losses resulting from translation of financial statements of foreign subsidiaries are recorded as a separate component of accumulated other comprehensive income.
	Translation of amounts from GBP into US$ has been made at the following exchange rates for the respective periods:
			30-Jun-13				30-Jun-12
	Period ended 1GBP:US$ exchange rate			1.5208				1.5684
			For the year ended				For the year ended
			30-Jun-13				30-Jun-12
	Period average 1GBP:US$ exchange rate			1.5681				1.5839
Basic and diluted earnings per share	'
	The Company reports earnings per share in accordance with FASB ASC 260 “Earnings per Share”. This statement requires dual presentation of basic and diluted earnings with a reconciliation of the numerator and denominator of the earnings per share computations. Basic earnings per share amounts are based on the weighted average shares of common outstanding. If applicable, diluted earnings per share assume the conversion, exercise or issuance of all common stock instruments such as options, warrants and convertible securities, unless the effect is to reduce a loss or increase earnings per share. Accordingly, this presentation has been adopted for the periods presented. There were no adjustments required to net income for the periods presented in the computation of diluted earnings per share.
Related parties	'
	The Company follows subtopic 850-10 of the FASB Accounting Standards Codification for the identification of related parties and disclosure of related party transactions.
	Pursuant to Section 850-10-20 the Related parties include a. affiliates of the Company; b. Entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of Section 825–10–15, to be accounted for by the equity method by the investing entity; c. trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of management; d. principal owners of the Company; e. management of the Company; f. other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and g. Other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests.
	The financial statements shall include disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of financial statements is not required in those statements. The disclosures shall include: a. the nature of the relationship(s) involved; b. a description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements; c. the dollar amounts of transactions for each of the periods for which income statements are presented and the effects of any change in the method of establishing the terms from that used in the preceding period; and d. amounts due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of settlement.
Subsequent Events	'
	The Company evaluated for subsequent events through the issuance date of the Company’s financial statements.
Recently Issued Accounting Standards	'
	The Company has reviewed all recently issued, but not yet effective, accounting pronouncements up to ASU 2013-11, and does not believe the future adoption of any such pronouncements may be expected to cause a material impact on its consolidated financial condition or the consolidated results of its operations.

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Jun. 30, 2013
Summary Of Significant Accounting Policies Tables	'
Fixed assets	'
	Depreciation is calculated on the straight-line basis over the following expected useful lives from the date on which they become fully operational and after taking into account their estimated residual values:
		Depreciable life		Residual value
	Commercial properties	39 years			0	%
	Residential properties	27.5 years			0	%
	Furniture and fixture	7 years			0	%
Foreign currency exchange rates	'
	Translation of amounts from GBP into US$ has been made at the following exchange rates for the respective periods:
			30-Jun-13				30-Jun-12
	Period ended 1GBP:US$ exchange rate			1.5208				1.5684
			For the year ended				For the year ended June 30, 2012
			30-Jun-13
	Period average 1GBP:US$ exchange rate			1.5681				1.5839

PROPERTY_PLANT_AND_EQUIPMENT_T

PROPERTY, PLANT AND EQUIPMENT (Tables)	12 Months Ended
	Jun. 30, 2013
Property Plant And Equipment Tables	'
Property, plant and equipment	'
	Property, plant and equipment are comprised of the following amounts at the respective dates:
		As of
		30-Jun-13			30-Jun-12
					(Restated)
	Cost:
	Rental properties – commercial and residential	$	3,809,971		$	3,929,220
	Land		423,330			436,580
	Furniture and fixture		18,250			18,821
	Total		4,251,551			4,384,621
	Accumulated depreciation		(232,212	)		(113,141	)
	Net	$	4,019,339		$	4,271,480

NOTES_PAYABLE_Tables

NOTES PAYABLE (Tables)	12 Months Ended
	Jun. 30, 2013
Notes Payable Tables	'
Notes payable	'
	The Company had outstanding balances on its notes payable of the following amounts as of June 30, 2013 and 2012:
		As of
		June 30,			June 30,
		2013			2012
					(Restated)
	Aldermore Bank PLC, interest rate of 5.35%+LIBOR*, due on December 20, 2031		2,015,311		2,132,984
	Total notes payable	$	2,015,311	$	2,132,984
	Less: Current portion of notes payable		-65,429		-107,043
	Total long-term notes payable	$	1,949,882	$	2,025,941
	___________
	* LIBOR =ondon Interbank Offered Rate

INCOME_TAXES_Tables

INCOME TAXES (Tables)	12 Months Ended
	Jun. 30, 2013
Income Taxes Tables	'
Income taxes	'
	The effective income tax expense for the years ended June 30, 2013 and 2012 are as follows:
		2013		2012
				(Restated)
	Current taxes	$	0	$	0
	Deferred taxes		0		0
		$	0	$	0

RESTATEMENTS_OF_FINANCIAL_STAT

RESTATEMENTS OF FINANCIAL STATEMENTS (Tables)	12 Months Ended
	Jun. 30, 2013
Notes to Financial Statements	'
Restatements of Financial Statements	'
	The following table sets forth all the accounts in the original amounts, restated amounts, and the difference between them, respectively.
	CenturyTouch Ltd Inc. and subsidiary
	Audited Consolidated Balance Sheets
	As of June 30, 2012
		Original			Restated			Difference
	ASSETS
	CURRENT ASSETS
	Cash and cash equivalents	$	5,514		$	5,505		$	9
	Trade accounts receivable		-			2,039			(2,039	)
	Other receivables		-			38,238			(38,238	)
	Other Assets		40,343			-			40,343
	TOTAL CURRENT ASSETS		45,857			45,782			75
	FIXED ASSETS
	Property, plant, and equipment		4,389,061			3,948,041			441,020
	Land		-			436,580			(436,580	)
	Accumulated depreciation		-			(113,141	)		113,141
	Net Land and Buildings		4,389,061			4,271,480			117,581
	Investments		2			-			2
	Total Fixed Assets		4,389,063			4,271,480			117,583
	TOTAL ASSETS	$	4,434,920		$	4,317,262		$	117,658
	LIABILITIES AND STOCKHOLDERS' (DEFICIT) / EQUITY
	CURRENT LIABILITIES
	Bank loans - current portion	$	165,091		$	107,043		$	58,048
	Loans payable - related party		-			2,211,080			(2,211,080	)
	Accounts payable		60,695			40,871			19,824
	Accurals and deffered income		16,995			-			16,995
	Receipt in advance		-			10,778			(10,778	)
	TOTAL CURRENT LIABILITIES		242,781			2,369,772			(2,126,991	)
	LONG-TERM LIABILITIES
	Loans payable - related party		2,204,915			-			2,204,915
	Bank loans - non current portion		1,955,302			2,025,941			(70,639	)
	TOTAL LONG-TERM LIABILITIES		4,160,217			2,025,941			2,134,276
	TOTAL LIABILITIES		4,402,998			4,395,713			7,285
	COMMITMENTS AND CONTINGENCIES
	STOCKHOLDERS' (DEFICIT) / EQUITY
	Preferred stock ($.0001 par value, 20,000,000 shares authorized, none issued and outstanding		-			-			-
	as of June 30, 2013 and 2012, respectively)
	Common stock ($.0001 par value, 500,000,000 shares authorized, 31,390,000 shares,		1			3,139			(3,138	)
	issued and outstanding as of June 30, 2013 and 2012, respectively)
	Additional paid in capital		2			82,570			(82,568	)
	Accumulated other comprehensive income (loss)		-			764			(764	)
	Retained earnings		31,918			(164,924	)		196,842
	TOTAL STOCKHOLDERS' (DEFICIT) / EQUITY		31,921			(78,451	)		110,372
	TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) / EQUITY	$	4,434,920		$	4,317,262		$	117,658
	CenturyTouch Ltd Inc. and subsidiary
	Audited Consolidated Statements of Income and Comprehensive Income
	For the Years ended June 30, 2012
		Original			Restated			Difference
	Revenues
	Rental income	$	144,538		$	145,725		$	(1,187	)
	Cost of revenues		-			80,371			(80,371	)
	Gross profits		144,538			65,354			79,184
	Operating expenses
	General and administrative		73,089			70,839			2,250
	Total Operating Expenses		73,089			70,839			2,250
	Income from operations		71,449			(5,485	)		76,934
	Other income (expenses)
	Interest expenses		(75,662	)		(122,801	)		47,139
	Total other income (expense)		(75,662	)		(122,801	)		47,139
	(Loss) income before income taxes		(4,213	)		(128,286	)		124,073
	Income taxes		-			-			-
	Net (loss) income	$	(4,213	)	$	(128,286	)	$	124,073
	Other comprehensive income
Foreign currency translation adjustment		-			740			(740	)
Comprehensive income	$	(4,213	)	$	(127,546	)	$	123,333
Earnings per common share
Basic	$	(79	)		**			N/A
Fully diluted	$	(79	)		**			N/A
Weighted average common shares outstanding
Basic		53			31,390,000			(31,389,947	)
Fully diluted		53			31,390,000			(31,389,947	)
** Less than $.01

SUMMARY_OF_SIGNIFICANT_ACCOUNT3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	12 Months Ended
	Jun. 30, 2013
Commercial Real Estate [Member]	'
Estimated useful lives of fixed assets	'39 years
Residual value of fixed assets in percentage	0.00%
Residential properties [Member]	'
Estimated useful lives of fixed assets	'27.5 years
Residual value of fixed assets in percentage	0.00%
Furniture and fixtures [Member]	'
Estimated useful lives of fixed assets	'7 years
Residual value of fixed assets in percentage	0.00%

SUMMARY_OF_SIGNIFICANT_ACCOUNT4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1)	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
Summary Of Significant Accounting Policies Details 1	'	'
Period ended 1GBP:US$ exchange rate	1.5208	1.5684
Period average 1GBP:US$ exchange rate	1.5681	1.5839

SUMMARY_OF_SIGNIFICANT_ACCOUNT5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) (USD $)	Jun. 30, 2013	Jun. 30, 2012
Summary Of Significant Accounting Policies Details Narrative	'	'
Amount due of outstanding tax	$0	$9,538

PROPERTY_PLANT_AND_EQUIPMENT_D

PROPERTY, PLANT AND EQUIPMENT (Details) (USD $)	Jun. 30, 2013	Jun. 30, 2012
		Restated [Member]
Cost:	'	'
Rental properties - commercial and residential	$3,809,971	$3,929,220
Land	423,330	436,580
Furniture and fixture	18,250	18,821
Total	4,251,551	4,384,621
Accumulated depreciation	-232,212	-113,141
Net	$4,019,339	$4,271,480

PROPERTY_PLANT_AND_EQUIPMENT_D1

PROPERTY, PLANT AND EQUIPMENT (Details Narrative) (USD $)	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
Property Plant And Equipment Details Narrative	'	'
Depreciation expenses	$126,314	$80,371

NOTES_PAYABLE_RELATED_PARTIES_

NOTES PAYABLE - RELATED PARTIES (Details Narrative) (USD $)	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
Notes Payable - Related Parties Details Narrative	'	'
Notes payable to related parties	$2,383,413	$2,211,080
Imputed interest expenses	$117,024	$46,518

NOTES_PAYABLE_Details

NOTES PAYABLE (Details) (USD $)	Jun. 30, 2013	Jun. 30, 2012
		Restated [Member]
Aldermore Bank PLC, interest rate of 5.35%+LIBOR*, due on December 20, 2031	$2,015,311	$2,132,984
Total notes payable	2,015,311	2,132,984
Less: Current portion of notes payable	-65,429	-107,043
Total long-term notes payable	$1,949,882	$2,025,941

CAPITAL_STRUCTURE_Details_Narr

CAPITAL STRUCTURE (Details Narrative) (USD $)	Jun. 30, 2013	Jun. 30, 2012
Capital Structure Details Narrative	'	'
Common stock, Authorized	500,000,000	500,000,000
Common stock, par value	$0.00	$0.00
Common stock, Issued	31,390,000	31,390,000
Common stock, outstanding	31,390,000	31,390,000
Preferred Stock, Authorized	20,000,000	20,000,000
Preferred Stock, par value	$0.00	$0.00
Preferred Stock, Issued	0	0
Preferred Stock, outstanding	0	0

INCOME_TAXES_Details

INCOME TAXES (Details) (USD $)	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
		Restated [Member]
Current taxes	$0	$0
Deferred taxes	0	0
Effective income tax expense	$0	$0

INCOME_TAXES_Details_Narrative

INCOME TAXES (Details Narrative) (USD $)	Jun. 30, 2013
Income Taxes Details Narrative	'
Net operating loss carry forward	$544,612

GOING_CONCERN_Details_Narrativ

GOING CONCERN (Details Narrative) (USD $)	Jun. 30, 2013
Going Concern Details Narrative	'
Net working capital deficiency	$2,334,761
Accumulated deficit	$544,612

RESTATEMENTS_OF_FINANCIAL_STAT1

RESTATEMENTS OF FINANCIAL STATEMENTS (Details) (USD $)	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2011
CURRENT ASSETS	'	'	'
Cash and cash equivalents	$50,164	$5,505	'
Trade accounts receivable	'	'	'
Other receivables	'	'	'
Other Assets	6,634	'	'
TOTAL CURRENT ASSETS	72,675	'	'
FIXED ASSETS	'	'	'
Property, plant, and equipment	3,828,221	'	'
Land	423,330	'	'
Accumulated depreciation	-232,212	'	'
NET FIXED ASSETS	4,019,339	'	'
TOTAL ASSETS	4,092,014	'	'
CURRENT LIABILITIES	'	'	'
Bank loans - current portion	65,429	'	'
Loans payable - related party	2,383,413	'	'
Accounts payable	24,023	'	'
Receipt in advance	'	'	'
TOTAL CURRENT LIABILITIES	2,472,865	'	'
LONG-TERM LIABILITIES	'	'	'
Bank loans - non current portion	1,949,882	'	'
TOTAL LONG-TERM LIABILITIES	1,949,882	'	'
TOTAL LIABILITIES	4,422,747	'	'
COMMITMENTS AND CONTINGENCIES	'	'	'
STOCKHOLDERS' (DEFICIT) / EQUITY	'	'	'
Preferred stock ($.0001 par value, 20,000,000 shares authorized, none issued and outstanding as of June 30, 2013 and 2012, respectively)	'	'	'
Common stock ($.0001 par value, 500,000,000 shares authorized, 31,390,000 shares issued and outstanding as of June 30, 2013 and 2012, respectively)	3,139	'	'
Additional paid in capital	199,671	'	'
Accumulated other comprehensive income (loss)	11,069	'	'
Retained earnings	-544,612	'	'
TOTAL STOCKHOLDERS' (DEFICIT) / EQUITY	-330,733	-78,451	2,577
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) / EQUITY	4,092,014	'	'
Scenario, Previously Reported [Member]	'	'	'
CURRENT ASSETS	'	'	'
Cash and cash equivalents	'	5,514	'
Trade accounts receivable	'	'	'
Other receivables	'	'	'
Other Assets	'	40,343	'
TOTAL CURRENT ASSETS	'	45,857	'
FIXED ASSETS	'	'	'
Property, plant, and equipment	'	4,389,061	'
Land	'	'	'
Accumulated depreciation	'	'	'
NET FIXED ASSETS	'	4,389,061	'
Investments	'	2	'
Total Fixed Assets	'	4,389,063	'
TOTAL ASSETS	'	4,434,920	'
CURRENT LIABILITIES	'	'	'
Bank loans - current portion	'	165,091	'
Loans payable - related party	'	'	'
Accounts payable	'	60,695	'
Accurals and deffered income	'	16,995	'
Receipt in advance	'	'	'
TOTAL CURRENT LIABILITIES	'	242,781	'
LONG-TERM LIABILITIES	'	'	'
Loans payable - related party	'	2,204,915	'
Bank loans - non current portion	'	1,955,302	'
TOTAL LONG-TERM LIABILITIES	'	4,160,217	'
TOTAL LIABILITIES	'	4,402,998	'
COMMITMENTS AND CONTINGENCIES	'	'	'
STOCKHOLDERS' (DEFICIT) / EQUITY	'	'	'
Preferred stock ($.0001 par value, 20,000,000 shares authorized, none issued and outstanding as of June 30, 2013 and 2012, respectively)	'	'	'
Common stock ($.0001 par value, 500,000,000 shares authorized, 31,390,000 shares issued and outstanding as of June 30, 2013 and 2012, respectively)	'	1	'
Additional paid in capital	'	2	'
Accumulated other comprehensive income (loss)	'	'	'
Retained earnings	'	31,918	'
TOTAL STOCKHOLDERS' (DEFICIT) / EQUITY	'	31,921	'
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) / EQUITY	'	4,434,920	'
Restated [Member]	'	'	'
CURRENT ASSETS	'	'	'
Cash and cash equivalents	'	5,505	4,602
Trade accounts receivable	'	2,039	'
Other receivables	'	38,238	'
Other Assets	'	'	'
TOTAL CURRENT ASSETS	'	45,782	'
FIXED ASSETS	'	'	'
Property, plant, and equipment	'	3,948,041	'
Land	'	436,580	'
Accumulated depreciation	'	-113,141	'
NET FIXED ASSETS	'	4,271,480	'
Investments	'	'	'
Total Fixed Assets	'	4,271,480	'
TOTAL ASSETS	'	4,317,262	'
CURRENT LIABILITIES	'	'	'
Bank loans - current portion	'	107,043	'
Loans payable - related party	'	2,211,080	'
Accounts payable	'	40,871	'
Accurals and deffered income	'	'	'
Receipt in advance	'	10,778	'
TOTAL CURRENT LIABILITIES	'	2,369,772	'
LONG-TERM LIABILITIES	'	'	'
Loans payable - related party	'	'	'
Bank loans - non current portion	'	2,025,941	'
TOTAL LONG-TERM LIABILITIES	'	2,025,941	'
TOTAL LIABILITIES	'	4,395,713	'
COMMITMENTS AND CONTINGENCIES	'	'	'
STOCKHOLDERS' (DEFICIT) / EQUITY	'	'	'
Preferred stock ($.0001 par value, 20,000,000 shares authorized, none issued and outstanding as of June 30, 2013 and 2012, respectively)	'	'	'
Common stock ($.0001 par value, 500,000,000 shares authorized, 31,390,000 shares issued and outstanding as of June 30, 2013 and 2012, respectively)	'	3,139	'
Additional paid in capital	'	82,570	'
Accumulated other comprehensive income (loss)	'	764	'
Retained earnings	'	-164,924	'
TOTAL STOCKHOLDERS' (DEFICIT) / EQUITY	'	-78,451	'
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) / EQUITY	'	4,317,262	'
Restatement Adjustment [Member]	'	'	'
CURRENT ASSETS	'	'	'
Cash and cash equivalents	'	9	'
Trade accounts receivable	'	-2,039	'
Other receivables	'	-38,238	'
Other Assets	'	40,343	'
TOTAL CURRENT ASSETS	'	75	'
FIXED ASSETS	'	'	'
Property, plant, and equipment	'	441,020	'
Land	'	-436,580	'
Accumulated depreciation	'	113,141	'
NET FIXED ASSETS	'	117,581	'
Investments	'	2	'
Total Fixed Assets	'	117,583	'
TOTAL ASSETS	'	117,658	'
CURRENT LIABILITIES	'	'	'
Bank loans - current portion	'	58,048	'
Loans payable - related party	'	-2,211,080	'
Accounts payable	'	19,824	'
Accurals and deffered income	'	16,995	'
Receipt in advance	'	-10,778	'
TOTAL CURRENT LIABILITIES	'	-2,126,991	'
LONG-TERM LIABILITIES	'	'	'
Loans payable - related party	'	2,204,915	'
Bank loans - non current portion	'	-70,639	'
TOTAL LONG-TERM LIABILITIES	'	2,134,276	'
TOTAL LIABILITIES	'	7,285	'
COMMITMENTS AND CONTINGENCIES	'	'	'
STOCKHOLDERS' (DEFICIT) / EQUITY	'	'	'
Preferred stock ($.0001 par value, 20,000,000 shares authorized, none issued and outstanding as of June 30, 2013 and 2012, respectively)	'	'	'
Common stock ($.0001 par value, 500,000,000 shares authorized, 31,390,000 shares issued and outstanding as of June 30, 2013 and 2012, respectively)	'	-3,138	'
Additional paid in capital	'	-82,568	'
Accumulated other comprehensive income (loss)	'	-764	'
Retained earnings	'	196,842	'
TOTAL STOCKHOLDERS' (DEFICIT) / EQUITY	'	110,372	'
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) / EQUITY	'	$117,658	'

RESTATEMENTS_OF_FINANCIAL_STAT2

RESTATEMENTS OF FINANCIAL STATEMENTS (Details 1) (USD $)	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
Revenues	'	'
Rental income	$238,765	'
Cost of revenues	153,408	'
Gross profits	85,357	'
Operating expenses	'	'
General and administrative	217,812	'
Total Operating Expenses	217,812	'
Income from operations	-132,455	'
Other income (expenses)	'	'
Interest expenses	-247,233	'
Total other income (expense)	-247,233	'
(Loss) income before income taxes	-379,688	'
Income taxes	0	'
Net (loss) income	-379,688	-128,286
Other comprehensive income	'	'
Foreign currency translation adjustment	10,305	740
Comprehensive income	-369,383	'
Earnings per common share	'	'
Basic	($0.01)	'
Fully diluted	($0.01)	'
Weighted average common shares outstanding	'	'
Basic	31,390,000	'
Fully diluted	31,390,000	'
Scenario, Previously Reported [Member]	'	'
Revenues	'	'
Rental income	'	144,538
Cost of revenues	'	'
Gross profits	'	144,538
Operating expenses	'	'
General and administrative	'	73,089
Total Operating Expenses	'	73,089
Income from operations	'	71,449
Other income (expenses)	'	'
Interest expenses	'	-75,662
Total other income (expense)	'	-75,662
(Loss) income before income taxes	'	-4,213
Income taxes	'	'
Net (loss) income	'	-4,213
Other comprehensive income	'	'
Foreign currency translation adjustment	'	'
Comprehensive income	'	-4,213
Earnings per common share	'	'
Basic	'	($79)
Fully diluted	'	($79)
Weighted average common shares outstanding	'	'
Basic	'	53
Fully diluted	'	53
Restatement Adjustment [Member]	'	'
Revenues	'	'
Rental income	'	-1,187
Cost of revenues	'	-80,371
Gross profits	'	79,184
Operating expenses	'	'
General and administrative	'	2,250
Total Operating Expenses	'	2,250
Income from operations	'	76,934
Other income (expenses)	'	'
Interest expenses	'	47,139
Total other income (expense)	'	47,139
(Loss) income before income taxes	'	124,073
Income taxes	'	'
Net (loss) income	'	124,073
Other comprehensive income	'	'
Foreign currency translation adjustment	'	-740
Comprehensive income	'	123,333
Earnings per common share	'	'
Basic	'	'
Fully diluted	'	'
Weighted average common shares outstanding	'	'
Basic	'	-31,389,947
Fully diluted	'	-31,389,947
Restated [Member]	'	'
Revenues	'	'
Rental income	'	145,725
Cost of revenues	'	80,371
Gross profits	'	65,354
Operating expenses	'	'
General and administrative	'	70,839
Total Operating Expenses	'	70,839
Income from operations	'	-5,485
Other income (expenses)	'	'
Interest expenses	'	-122,801
Total other income (expense)	'	-122,801
(Loss) income before income taxes	'	-128,286
Income taxes	'	0
Net (loss) income	'	-128,286
Other comprehensive income	'	'
Foreign currency translation adjustment	'	740
Comprehensive income	'	($127,546)
Earnings per common share	'	'
Basic	'	'	[1]
Fully diluted	'	'	[1]
Weighted average common shares outstanding	'	'
Basic	'	31,390,000
Fully diluted	'	31,390,000
[1]	** Less than $.01