Trophy Hunting Unlimited 10-Q 15 May 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2014	15-May-14
Document and Entity Information	'	'
Entity Registrant Name	'Trophy Hunting Unlimited, Inc.	'
Document Type	'10-Q	'
Document Period End Date	31-Mar-14	'
Amendment Flag	'false	'
Entity Central Index Key	'0001508332	'
Current Fiscal Year End Date	'--12-31	'
Entity Common Stock, Shares Outstanding	'	51,991,000
Entity Filer Category	'Smaller Reporting Company	'
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'
Entity Well-known Seasoned Issuer	'No	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'

TROPHY_HUNTING_UNLIMITED_INC_A

TROPHY HUNTING UNLIMITED, INC. (A DEVELOPMENT STAGE COMPANY) CONDENSED BALANCE SHEETS March 31, 2014 (USD $)	Mar. 31, 2014	Dec. 31, 2013
Current Assets	'	'
Cash	$1,485	$1,593
Total Current Assets	1,485	1,593
Total Assets	1,485	1,593
Current Liabilities	'	'
Accounts Payable	11,514	8,818
Notes Payable - Related Party	54,852	49,852
Deferred Compensation	9,875	9,125
Accrued Interest Payable - Related Party	5,878	4,743
Total Current Liabilities	82,119	72,538
Total Liabilities	82,119	72,538
Stockholders' Deficit	'	'
Preferred Stock, $0.001 par value, 10,000,000 shares authorized, No shares issued or outstanding	0	0
Common Stock, $0.001 par value, 200,000,000 shares authorized. 51,991,000 shares issued and outstanding	51,991	51,991
Paid in Capital	101,544	101,544
Deficit Accumulated During Development Stage	-234,169	-224,480
Total Stockholders' Deficit	-80,634	-70,945
Total Liabilities and Stockholders' Deficit	$1,485	$1,593

Trophy_Hunting_Unlimited_Inc_B

Trophy Hunting Unlimited, Inc. Balance Sheet (Parenthetical) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Statement of Financial Position	'	'
Preferred Stock authorized	10,000,000	10,000,000
Preferred Stock par value	$0.00	$0.00
Preferred Stock outstanding	0	0
Common Stock authorized	200,000,000	200,000,000
Common Stock par value	$0.00	$0.00
Common Stock outstanding	51,991,000	51,991,000
Common Stock issued	51,991,000	51,991,000

TROPHY_HUNTING_UNLIMITED_INC_A1

TROPHY HUNTING UNLIMITED, INC. (A DEVELOPMENT STAGE COMPANY) STATEMENTS OF OPERATIONS For the Three Months Ended March 31, 2014 and 2013 and from inception (June 26, 2006) through March 31, 2014 (USD $)	3 Months Ended		93 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014
Income Statement	'	'	'
Sales	$0	$0	$84,400
Cost of Goods Sold	0	0	11,500
Gross Profit	0	0	72,900
General and Administrative Costs	858	750	187,201
Professional Fees	7,632	7,945	101,392
Loss from Operations	-8,490	-8,695	-215,693
Interest Expense	1,199	687	18,476
Loss from Continuing Operations Before Income Taxes	-9,689	-9,382	-234,169
Income Tax - Current	0	0	0
Net Loss	($9,689)	($9,382)	($234,169)
Net Loss per Common Share - Basic and Diluted	$0	$0	$0
Weighted Average Shares Outstanding - Basic and Dilute	51,991,000	51,991,000	0

TROPHY_HUNTING_UNLIMITED_INC_A2

TROPHY HUNTING UNLIMITED, INC. (A DEVELOPMENT STAGE COMPANY) STATEMENTS OF CASH FLOWS For the Three Months Ended March 31, 2014 and 2013 and from inception (June 26, 2006) through March 31, 2014 (USD $)	3 Months Ended		93 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014
Cash Flows from Operating Activities:	'	'	'
Net Loss	($9,689)	($9,382)	($234,169)
Depreciation Expense	0	0	19,322
Loss on Sale of Fixed Assets	0	0	3,693
Contributed Services	0	0	14,785
Increase (Decrease) in Accounts Payable	2,696	3,913	11,514
Increase (Decrease) in Accrued Interest Payable	1,135	687	5,878
Increase (Decrease) in Deferred Compensation	750	750	9,875
Net Cash Used by Operating Activities	-5,108	-4,032	-169,102
Cash Flows from Investing Activities:	'	'	'
Purchase of Fixed Assets	0	0	-28,015
Proceeds on the Sale of Fixed Assets	0	0	5,000
Net Cash Used by Investing Activities	0	0	-23,015
Cash Flows from Financing Activities:	'	'	'
Proceeds from Sale of Common Stock	0	0	138,750
Proceeds from Notes Payable - Related Parties	5,000	5,000	104,400
Payments on Notes Payable - Related Parties	0	0	-49,548
Net Cash Provided by Financing Activities	5,000	5,000	193,602
Net Increase (Decrease) in Cash	-108	968	1,485
Cash, Beginning of Period	1,593	526	0
Cash, End of Period	1,485	1,494	1,485
Supplemental Disclosures of Cash Flow Information:	'	'	'
Interest	0	0	10,708
Income Taxes	$0	$0	$0

Organization_and_Summary_of_Si

Organization and Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2014
Notes	'
Organization and Summary of Significant Accounting Policies	'
	Note 1 - Organization and Summary of Significant Accounting Policies
	Organization
	Trophy Hunting Unlimited, Inc., (“the Company”) was incorporated under the laws of the State of Nevada on June 26, 2006.  The Company's business activities consisted of providing guided deer and bird hunts in Texas.  Currently the Company is seeking other business opportunities.  The Company is considered a development stage company.
	Basis of Presentation
	The interim financial information of the Company as of March 31, 2014 and for the three-month period ended March 31, 2014 and 2013 and for the period from inception of development stage June 26, 2006 to March 31, 2014 is unaudited, and the balance sheet as of December 31, 2013 is derived from audited financial statements. The accompanying financial statements have been prepared in accordance with   U. S. generally accepted accounting principles for interim financial statements. Accordingly, they omit or condense footnotes and certain other information normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles. The accounting policies followed for quarterly financial reporting conform with the accounting policies disclosed in Note 1 to the Notes to Consolidated Financial Statements included in the Company's annual report on Form 10-K for the year ended December 31, 2013. In the opinion of management, all adjustments that are necessary for a fair presentation of the financial information for the interim periods reported have been made. All such adjustments are of a normal recurring nature. The results of operations for the three months ended March 31, 2014 are not necessarily indicative of the results that can be expected for the entire year ending December 31, 2014. The unaudited financial statements should be read in conjunction with the financial statements and the notes thereto included in the Company's annual report on Form 10-K for the year ended December 31, 2013.
	Note 6 - Going Concern
	The accompanying 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 is considered to be in the development stage and has no current operations.   The Company is currently focusing its efforts on finding a well-capitalized merger candidate to recommence its operations.  These factors raise substantial doubt about the ability of the Company to continue as a going concern.  In this regard management is proposing to raise any necessary funds through loans or additional sales of its common stock.  There is no assurance that the Company will be successful in raising this additional capital.  The financial statements do not include any adjustments that might result from the outcome of these uncertainties.

Related_Party_Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2014
Notes	'
Related Party Transactions	'
	Note 2 - Related Party Transactions
	As of March 31, 2014 and December 31, 2013, the Company has notes payable to shareholders/directors totaling $ 54,852and $49,852, respectively.  The notes have an interest rate of 8% and are due when called by the shareholders/directors.  Accrued interest related to these notes is $5,178 and $4,180 as of March 31, 2014 and December 31, 2013, respectively.
	Included in the payroll expense are amounts for services rendered by the President, estimated at $750 and $750 for the three months ended March 31, 2014 and 2013.  Deferred compensation in aged excess of one year accrues interest at a rate of 8.0% per year.  Interest expense related to deferred compensation is $138 and $78 for the three months ended March 31, 2014 and 2013, respectively.  Accrued interest related to deferred compensation is $700 and $563 as of March 31, 2014 and December 31, 2013, respectively.

Capital_Stock

Capital Stock	3 Months Ended
	Mar. 31, 2014
Notes	'
Capital Stock	'
	Note 3 - Capital Stock
	The Company has authorized 10,000,000 shares of $0.001 par value preferred stock with such rights, preferences and designations and to be issued in such series as determined by the Board of Directors.  No shares are issued and outstanding at March 31, 2014.
	The Company is authorized to issue 200,000,000 shares of $0.001 par value common stock.  During 2006 the Company issued 11,000,000 shares of common stock for cash of $11,000 at $0.001 per share and 800,000 shares of common stock for cash of $40,000 at $0.05 per share.  During 2007 the Company issued 191,000 shares of common stock for cash of $47,750 at $0.25 per share.  In December 2010 the Company issued 40,000,000 shares of common stock for cash of $40,000 at $0.001 per share.  This resulted in change of control of the Company.
	The Company has 51,991,000 shares issued and outstanding as of March 31, 2014.

Fair_Value_of_Financial_Instru

Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2014
Notes	'
Fair Value of Financial Instruments	'
	Note 4 – Fair Value of Financial Instruments
	The Company’s financial instruments consist of cash and accounts payable.  The carrying amount of cash and accounts payable approximates fair value because of the short-term nature of these items.

Loss_Per_Share

Loss Per Share	3 Months Ended
	Mar. 31, 2014
Notes	'
Loss Per Share	'
	Note 5 - Loss per Share
	The following data shows the amounts used in computing loss per share for the periods presented:
			For the three months ended March 31, 2014		For the three months ended March 31, 2013
	Income (Loss) available to common Stockholders (numerator)	$	-9,689	$	-9,382
	Weighted average number of common shares outstanding during the period used in loss per share (denominator)		51,991,000		51,991,000
	Dilutive loss per share is equivalent to basic loss per share for the years ended March 31, 2014 and 2013.

Subsequent_Events

Subsequent Events	3 Months Ended
	Mar. 31, 2014
Notes	'
Subsequent Events	'
	Note 7 - Subsequent Events
	On May 9, 2014 the Company executed a promissory note in which it borrowed $4,000 from a related party.  The note is due on demand and accrued interest at a rate of 8.0%.  Proceeds from the note will be used to cover operations.

Organization_and_Summary_of_Si1

Organization and Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2014
Policies	'
Organization and Basis of Presentation	'
	Note 1 - Organization and Summary of Significant Accounting Policies
	Organization
	Trophy Hunting Unlimited, Inc., (“the Company”) was incorporated under the laws of the State of Nevada on June 26, 2006.  The Company's business activities consisted of providing guided deer and bird hunts in Texas.  Currently the Company is seeking other business opportunities.  The Company is considered a development stage company.
	Basis of Presentation
	The interim financial information of the Company as of March 31, 2014 and for the three-month period ended March 31, 2014 and 2013 and for the period from inception of development stage June 26, 2006 to March 31, 2014 is unaudited, and the balance sheet as of December 31, 2013 is derived from audited financial statements. The accompanying financial statements have been prepared in accordance with   U. S. generally accepted accounting principles for interim financial statements. Accordingly, they omit or condense footnotes and certain other information normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles. The accounting policies followed for quarterly financial reporting conform with the accounting policies disclosed in Note 1 to the Notes to Consolidated Financial Statements included in the Company's annual report on Form 10-K for the year ended December 31, 2013. In the opinion of management, all adjustments that are necessary for a fair presentation of the financial information for the interim periods reported have been made. All such adjustments are of a normal recurring nature. The results of operations for the three months ended March 31, 2014 are not necessarily indicative of the results that can be expected for the entire year ending December 31, 2014. The unaudited financial statements should be read in conjunction with the financial statements and the notes thereto included in the Company's annual report on Form 10-K for the year ended December 31, 2013.
Going Concern	'
	Note 6 - Going Concern
	The accompanying 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 is considered to be in the development stage and has no current operations.   The Company is currently focusing its efforts on finding a well-capitalized merger candidate to recommence its operations.  These factors raise substantial doubt about the ability of the Company to continue as a going concern.  In this regard management is proposing to raise any necessary funds through loans or additional sales of its common stock.  There is no assurance that the Company will be successful in raising this additional capital.  The financial statements do not include any adjustments that might result from the outcome of these uncertainties.

Loss_Per_Share_Tables

Loss Per Share (Tables)	3 Months Ended
	Mar. 31, 2014
Tables/Schedules	'
Schedule of Loss Per Share	'
			For the three months ended March 31, 2014		For the three months ended March 31, 2013
	Income (Loss) available to common Stockholders (numerator)	$	-9,689	$	-9,382
	Weighted average number of common shares outstanding during the period used in loss per share (denominator)		51,991,000		51,991,000

Related_Party_Transactions_Det

Related Party Transactions (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Details	'	'	'
Notes Payable - Related Party	$54,852	'	$49,852
Related Party Transaction, Rate	8.00%	'	'
Accrued interest related	5,178	'	4,180
Related Party Transaction, Expenses from Transactions with Related Party	750	750	'
Interest expense related to deferred compensation	138	78	'
Accrued interest related to deferred compensation	$700	'	$563

Capital_Stock_Details

Capital Stock (Details) (USD $)	12 Months Ended
	Dec. 31, 2010	Dec. 31, 2007	Dec. 31, 2006	Mar. 31, 2014	Dec. 31, 2013
Details	'	'	'	'	'
Preferred Stock authorized	'	'	'	10,000,000	10,000,000
Preferred Stock par value	'	'	'	$0.00	$0.00
Common Stock authorized	'	'	'	200,000,000	200,000,000
Common Stock par value	'	'	'	$0.00	$0.00
Stock Issued During Period, Shares, Other	'	'	11,000,000	'	'
common stock for cash	'	'	$11,000	'	'
Price per share for common stock issued	0.001	0.25	0.001	'	'
Additional shares of common stock issued 2006	'	'	800,000	'	'
Amount received from sale of 800000 shares	'	'	40,000	'	'
Price per share for additional common stock issued	'	'	0.05	'	'
Stock Issued During Period, Shares, New Issues	40,000,000	191,000	'	'	'
Stock Issued During Period, Value, New Issues	$40,000	$47,750	'	'	'
Common Stock issued	'	'	'	51,991,000	51,991,000

Loss_Per_Share_Details

Loss Per Share (Details) (USD $)	3 Months Ended		93 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014
Details	'	'	'
Net Loss	($9,689)	($9,382)	($234,169)
Weighted Average Shares Outstanding - Basic and Diluted	51,991,000	51,991,000	'

Subsequent_Events_Details

Subsequent Events (Details) (USD $)	3 Months Ended
	Mar. 31, 2014
Details	'
Related Party Transaction, Amounts of Transaction	$4,000
Related Party Transaction, Rate	8.00%