Zika Diagnostics 10-Q 12 Dec 14 2015 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Oct. 31, 2014	Dec. 10, 2014
Document And Entity Information	'	'
Entity Registrant Name	'WNS STUDIOS, INC.	'
Entity Central Index Key	'0001510333	'
Document Type	'10-Q	'
Document Period End Date	31-Oct-14	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--04-30	'
Is Entity a Well-known Seasoned Issuer?	'No	'
Is Entity a Voluntary Filer?	'No	'
Is Entity's Reporting Status Current?	'Yes	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	4,505,000
Document Fiscal Period Focus	'Q2	'
Document Fiscal Year Focus	'2015	'

CONDENSED_BALANCE_SHEET

CONDENSED BALANCE SHEET (USD $)	Oct. 31, 2014	Apr. 30, 2014
Current Assets:	'	'
Cash and Cash Equivalents	$1,501	$16,376
Total Current Assets	1,501	16,376
Total Assets	1,501	16,376
Current Liabilities:	'	'
Accrued Liabilities	26,706	20,815
Total Current Liabilities	26,706	20,815
Long-Term Debt:	'	'
Note Payable Related Party	76,404	76,404
Total Liabilities	103,110	97,219
Stockholders' Deficiency:	'	'
Preferred Stock, $.0001 par value; 10,000,000 shares authorized, none issued and outstanding	'	'
Common Stock, $.0001 par value; 100,000,000 shares authorized, 4,725,000 shares issued and outstanding	473	473
Additional Paid-In Capital	45,787	45,787
Deficit Accumulated During the Development Stage	-147,869	-127,103
Total Stockholders' Deficiency	-101,609	-80,843
Total Liabilities and Stockholders' Deficiency	$1,501	$16,376

CONDENSED_BALANCE_SHEET_Parent

CONDENSED BALANCE SHEET (Parenthetical) (USD $)	Oct. 31, 2014	Apr. 30, 2014
Stockholders' Deficiency:	'	'
Preferred stock, par value	$0.00	$0.00
Preferred stock, authorized	10,000,000	10,000,000
Preferred stock, issued	0	0
Preferred stock, outstanding	0	0
Common stock, par value	$0.00	$0.00
Common stock, authorized	100,000,000	100,000,000
Common stock, issued	4,725,000	4,725,000
Common stock, outstanding	4,725,000	4,725,000

CONDENSED_STATEMENT_OF_OPERATI

CONDENSED STATEMENT OF OPERATIONS (Unaudited) (USD $)	3 Months Ended		6 Months Ended		66 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2014
Condensed Statement Of Operations	'	'	'	'	'
Revenues:	'	'	'	'	'
Costs and Expenses:	'	'	'	'	'
Rent	750	750	1,500	1,500	30,000
Consulting Fees	'	'	'	'	9,670
Professional Fees	4,250	9,440	14,028	17,664	124,390
Other General and Administrative Expenses	1,381	1,692	2,946	3,728	23,146
Total Costs and Expenses	6,381	11,882	18,474	22,892	187,206
Loss from Operations	-6,381	-11,882	-18,474	-22,892	-187,206
Other Income (Expense):	'	'	'	'	'
Extinguishment of Debt	'	'	'	'	52,894
Interest Expense	'	'	'	'	-2,685
Interest Expense-Related Party	-1,146	-1,146	-2,292	-2,267	-10,872
Total Other Income (Expense)	-1,146	-1,146	-2,292	-2,267	39,337
Net Loss	($7,527)	($13,028)	($20,766)	($25,159)	($147,869)
Basic and Diluted Loss Per Share	$0	$0	$0	($0.01)	'
Weighted Average Common Shares Outstanding	4,725,000	4,500,000	4,725,000	4,500,000	'

CONDENSED_STATEMENT_OF_CASH_FL

CONDENSED STATEMENT OF CASH FLOWS (Unaudited) (USD $)	6 Months Ended		66 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2014
Cash Flows from Operating Activities:	'	'	'
Net Loss	($20,766)	($25,159)	($147,869)
Extinguishment of Debt	'	'	-52,894
Adjustments to Reconcile Net Loss to Net Cash (Used) in Operating Activities:	'	'	'
Increase in Accrued Liabilities	5,891	17,294	38,571
Net Cash (Used) in Operating Activities	-14,875	-7,865	-162,192
Cash Flows from Investing Activities:	'	'	'
Cash Flows from Financing Activities:	'	'	'
Proceeds from Sale of Common Stock	'	'	46,260
Proceeds of Note Payable-Related Party	'	7,478	76,404
Proceeds from Loans Payable	'	'	41,029
Net Cash Provided by Financing Activities	'	7,478	163,693
Increase (Decrease) in Cash	-14,875	-387	1,501
Cash and Cash Equivalents - Beginning of Period	16,376	566	'
Cash and Cash Equivalents - End of Period	1,501	179	1,501
Supplemental Cash Flow information:	'	'	'
Interest Paid	'	'	'
Income Taxes Paid	'	'	'
Supplemental disclosure of non cash financing activities: Memorialization of Loan Payable to Note Payable	'	'	$24,644

Origination_and_Basis_of_Prese

Origination and Basis of Presentation	6 Months Ended
	Oct. 31, 2014
Notes to Financial Statements	'
NOTE 1 - Origination and Basis of Presentation	'
	WNS Studios, Inc. (“the Company”) was incorporated on May 15, 2009 under the laws of the State of Nevada. The Company has not yet generated revenues from planned principal operations and is considered a development stage company. The Company intends to promote, sell and distribute films for studios. There is no assurance, however, that the Company will achieve its objectives or goals.
	In the opinion of the Company’s management, the accompanying unaudited condensed financial statements contain all adjustments (consisting of only normal recurring adjustments) necessary to present fairly the information set forth therein. These financial statements are condensed and therefore do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. These condensed financial statements should be read in conjunction with the Company’s April 30, 2014 audited financial statements and notes on Form 10-K filed on August 1, 2014.
	Results of operations for interim periods are not necessarily indicative of the results of operations for a full year.
	The Company is a development stage company and has not commenced planned principal operations. The Company had no revenues and incurred a net loss of $20,766 for the six months ended October 31, 2014 and a net loss of $147,869 for the period May 15, 2009 (inception) to October 31, 2014. In addition, the Company had a working capital deficiency of $25,205 and stockholders' deficiency of $101,609 at October 31, 2014. These factors raise substantial doubt about the Company’s ability to continue as a going concern.
	There can be no assurance that sufficient funds required during the next year or thereafter will be generated from operations or that funds will be available from external sources such as debt or equity financings or other potential sources. The lack of additional capital resulting from the inability to generate cash flow from operations or to raise capital from external sources would force the Company to substantially curtail or cease operations and would, therefore, have a material adverse effect on its business. Furthermore, there can be no assurance that any such required funds, if available, will be available on attractive terms or that they will not have a significant dilutive effect on the Company’s existing stockholders.
	The accompanying financial statements do not include any adjustments related to the recoverability or classification of asset-carrying amounts or the amounts and classification of liabilities that may result should the Company be unable to continue as a going concern.
	The Company is attempting to address its lack of liquidity by raising additional funds, either in the form of debt or equity or some combination thereof. On November 1, 2011, the Company began borrowing funds from P&G Holdings LLC., an entity of which Moses Gross, the Company’s CEO, has a 33% ownership interest under the terms of a note whereby the borrowing cannot exceed $126,275. As of October 31, 2014 the Company has an outstanding balance of $76,404 (see Note 3). During the year ended April 30, 2014, the Company raised capital through a public offering of its common stock (see Note 5).

Summary_of_Significant_Account

Summary of Significant Accounting Policies	6 Months Ended
	Oct. 31, 2014
Notes to Financial Statements	'
NOTE 2 - Summary of Significant Accounting Policies	'
	Recent Accounting Pronouncements
	On June 10, 2014, the Financial Accounting Standards Board (FASB) issued a new accounting standard that reduces some of the disclosure and reporting requirements for development stage entities. The change will be effective for interim and annual reporting periods beginning after December 15, 2014. As of such date, among other things, development stage entities will no longer be required to report inception-to-date information.

Note_Payable_Related_Party

Note Payable - Related Party	6 Months Ended
	Oct. 31, 2014
Notes to Financial Statements	'
NOTE 3 - Note Payable - Related Party	'
	On November 1, 2011 the Company issued a promissory note to P&G Holdings LLC, an entity that is 33% owned by Moses Gross, the Company’s CEO and significant stockholder. The note bears interest at 6% per annum and is due November 1, 2015. Under the terms of the note, the Company may borrow from P&G, from time to time, any amount in increments of up to $100,000, however that the aggregate principal amount outstanding under the note shall not exceed $126,275. As of April 30, 2014 and October 31, 2014 the total outstanding principal was $76,404 and accrued interest on this note was $8,581 and $10,872 respectively, which is included in accrued liabilities. Interest expense on this note was $1,146 for the quarters ended October 31, 2014 and October 31, 2013.

Preferred_Stock

Preferred Stock	6 Months Ended
	Oct. 31, 2014
Notes to Financial Statements	'
NOTE 4 - Preferred Stock	'
	The Company’s Board of Directors may, without further action by the Company’s stockholders, from time to time, direct the issuance of any authorized but unissued or unreserved shares of preferred stock in series and at the time of issuance, determine the rights, preferences and limitations of each series. The holders of preferred stock may be entitled to receive a preference payment in the event of any liquidation, dissolution or winding-up of the Company before any payment is made to the holders of the common stock. Furthermore, the board of directors could issue preferred stock with voting and other rights that could adversely affect the voting power of the holders of the common stock.

Common_Stock

Common Stock	6 Months Ended
	Oct. 31, 2014
Notes to Financial Statements	'
NOTE 5 - Common Stock	'
	On May 15, 2009 the Company issued 3,600,000 shares of common stock to its Founder for $360.
	On February 8, 2010 the Company sold 900,000 shares of common stock to private investors at $.001 per share for gross proceeds of $900.
	On August 29, 2013, the Company filed a Form S-1 Registration Statement in connection with a public offering to sell a maximum of 250,000 shares of common stock at $0.20 per share. The S-1 Registration Statement became effective on November 4, 2013. In connection with this public offering, the Company sold 225,000 shares for gross proceeds of $45,000 during the year ended April 30, 2014. This offering has since been terminated.

Changes_in_Management_and_Owne

Changes in Management and Ownership	6 Months Ended
	Oct. 31, 2014
Notes to Financial Statements	'
NOTE 6 - Changes in Management and Ownership	'
	On November 14, 2011, the board appointed Moses Gross as an officer and a member of the board and elected Moses Gross as President and Chief Executive Officer.
	On November 14, 2011 Yehoshua Lustig resigned from all his positions within the Company.
	On November 14, 2011 David Leifer resigned from all his positions within the Company.
	On November 14, 2011 Yehoshua Lustig sold 3,600,000 shares of common stock to Moses Gross for $3,600 in a private transaction.

Termination_of_Agreements

Termination of Agreements	6 Months Ended
	Oct. 31, 2014
Notes to Financial Statements	'
NOTE 7 - Termination of Agreements	'
	On November 14, 2011, pursuant to a general release agreement Shmuel Shneibalg and the Company terminated the Going Public agreement dated as of May 16, 2010 as amended as of October 1, 2010, and the Office Service Agreement dated as of May 16, 2010, and discharged all fees resulting from the agreements. Furthermore, outstanding loans and note payable totaling $41,029 and related accrued interest in the amount of $2,685 due to Hatzlacha were forgiven by Shmuel Shneibalg. Additionally the company owed Hatzlacha consulting fees of $9,000 and accrued telephone expense of $180 that were forgiven. Accordingly, the Company recorded $52,894 debt extinguishment for the year ended April 30, 2012.

Commitments_and_Contingencies

Commitments and Contingencies	6 Months Ended
	Oct. 31, 2014
Notes to Financial Statements	'
NOTE 8 - Commitments and Contingencies	'
	On November 1, 2011, the Company entered into a two year lease agreement for office space, calling for rent payments of $250 per month. As of November 1, 2013 the Company is renting space on a month to month basis at the same rate of $250 per month.

Subsequent_Events

Subsequent Events	6 Months Ended
	Oct. 31, 2014
Notes to Financial Statements	'
NOTE 9 - Subsequent Events	'
	During November 2014, the Company borrowed an additional $1,500 on the Note Payable Related Party, increasing the balance owed to $77,904 (See Note 3).
	In December 2014, the Company’s Board of Directors authorized the cancellation of 220,000 shares of common stock previously issued in error.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Oct. 31, 2014
Summary Of Significant Accounting Policies Policies	'
Recent Accounting Pronouncements	'
	On June 10, 2014, the Financial Accounting Standards Board (FASB) issued a new accounting standard that reduces some of the disclosure and reporting requirements for development stage entities. The change will be effective for interim and annual reporting periods beginning after December 15, 2014. As of such date, among other things, development stage entities will no longer be required to report inception-to-date information.

Origination_and_Basis_of_Prese1

Origination and Basis of Presentation (Details Narrative) (USD $)	3 Months Ended		6 Months Ended		66 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2014	Apr. 30, 2014
Origination And Basis Of Presentation Details Narrative	'	'	'	'	'	'
Revenues	'	'	'	'	'	'
Net Loss	-7,527	-13,028	-20,766	-25,159	-147,869	'
Working capital deficiency	25,205	'	25,205	'	25,205	'
Stockholders' Deficiency	-101,609	'	-101,609	'	-101,609	-80,843
Note Payable Related Party	$76,404	'	$76,404	'	$76,404	$76,404

Note_Payable_Related_Party_Det

Note Payable - Related Party (Details Narrative) (USD $)	3 Months Ended		6 Months Ended		66 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2014	Apr. 30, 2014
Note Payable - Related Party Details Narrative	'	'	'	'	'	'
Note bears interest rate	6.00%	'	6.00%	'	6.00%	'
Accrued interest on notes	$10,872	'	$10,872	'	$10,872	$8,581
Note Payable Related Party	76,404	'	76,404	'	76,404	76,404
Interest expense related party	$1,146	$1,146	$2,292	$2,267	$10,872	'

Common_Stock_Details_Narrative

Common Stock (Details Narrative) (USD $)	6 Months Ended		12 Months Ended	66 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Apr. 30, 2014	Oct. 31, 2014
Common Stock Details Narrative	'	'	'	'
Common stock sold	'	'	225,000	'
Gross proceeds	'	'	$45,000	$46,260

Termination_of_Agreements_Deta

Termination of Agreements (Details Narrative) (USD $)	3 Months Ended		6 Months Ended		12 Months Ended	66 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2014	Oct. 31, 2013	Apr. 30, 2012	Oct. 31, 2014
Termination Of Agreements Details Narrative	'	'	'	'	'	'
Extinguishment of Debt	'	'	'	'	$52,894	$52,894