| Document and Entity Information | 9 Months Ended | |
| Dec. 31, 2014 | Feb. 12, 2014 | |
| Document And Entity Information | ' | ' |
| Entity Registrant Name | 'Lightcollar, Inc. | ' |
| Entity Central Index Key | '0001520118 | ' |
| Document Type | '10-Q | ' |
| Document Period End Date | 31-Dec-14 | ' |
| Amendment Flag | 'false | ' |
| Current Fiscal Year End Date | '--03-31 | ' |
| 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 | ' | 5,650,000 |
| Document Fiscal Period Focus | 'Q3 | ' |
| Document Fiscal Year Focus | '2014 | ' |
| Balance Sheets (Unaudited) (USD $) | Dec. 31, 2013 | Mar. 31, 2013 |
| Current Assets | ' | ' |
| Cash | $0 | $609 |
| Total Current Assets | ' | 609 |
| TOTAL ASSETS | 0 | 609 |
| Current Liabilities | ' | ' |
| Accounts payable | 5,093 | 450 |
| Loans from stockholders | 48,812 | 25,589 |
| Total Current Liabilities | 53,905 | 26,039 |
| Total Liabilities | 53,905 | 26,039 |
| STOCKHOLDERS' DEFICIT | ' | ' |
| Preferred stock, par value $0.001, 20,000,000 shares authorized, none issued and outstanding | 0 | 0 |
| Common stock, par value $0.001, 100,000,000 shares authorized, 5,650,000 shares issued and outstanding | 5,650 | 5,650 |
| Additional paid-in capital | 50,850 | 50,850 |
| Deficit accumulated during the development stage | -110,405 | -81,930 |
| Total Stockholders' Deficit | -53,905 | -25,430 |
| TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT | $0 | $609 |
| Balance Sheets (Parenthetical) | Dec. 31, 2013 | Mar. 31, 2013 |
| Statement of Financial Position [Abstract] | ' | ' |
| Preferred stock, par value $0.001, authorized | 20,000,000 | 20,000,000 |
| Preferred stock, par value $0.001, issued and outstanding | 0 | 0 |
| Common stock, par value $0.001, authorized | 100,000,000 | 100,000,000 |
| Common stock, par value $0.001, issued and outstanding | 5,650,000 | 5,650,000 |
| Statements of Operations (Unaudited) (USD $) | 3 Months Ended | 9 Months Ended | 33 Months Ended | ||
| Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | |
| Income Statement [Abstract] | ' | ' | ' | ' | ' |
| INCOME | ' | ' | ' | ' | ' |
| OPERATING EXPENSES | ' | ' | ' | ' | ' |
| Organizational expenses | ' | ' | ' | ' | 2,012 |
| Taxes and licenses | ' | ' | 550 | ' | 1,350 |
| Office expenses | ' | ' | ' | 95 | 95 |
| Accounting | 2,700 | 2,745 | 11,475 | 11,461 | 45,651 |
| Legal expenses | 4,793 | 4,369 | 5,100 | 13,580 | 45,670 |
| Marketing | ' | ' | ' | ' | 165 |
| Outside services | 450 | 3,289 | 1,350 | 3,289 | 5,089 |
| Memberships | 2,000 | ' | 10,000 | ' | 10,000 |
| Internet expense | ' | 30 | ' | 30 | 113 |
| Total Operating Expenses | 9,943 | 10,433 | 28,475 | 28,455 | 110,145 |
| OTHER EXPENSES | ' | ' | ' | ' | ' |
| Interest | ' | ' | ' | -110 | -260 |
| Total Other Expenses | ' | ' | ' | -110 | -260 |
| NET LOSS | ($9,943) | ($10,433) | ($28,475) | ($28,565) | ($110,405) |
| NET LOSS PER SHARE - BASIC AND DILUTED | $0 | $0 | $0 | ($0.01) | ' |
| WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING | 5,650,000 | 5,371,196 | 5,650,000 | 4,463,091 | ' |
| Statements of Cash Flows (Unaudited) (USD $) | 9 Months Ended | 21 Months Ended | |
| Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2012 | |
| CASH FLOWS FROM OPERATING ACTIVITIES | ' | ' | ' |
| Net loss | ($28,475) | ($28,565) | ($110,405) |
| Changes in operating assets and liabilities | ' | ' | ' |
| Increase (decrease) in accounts payable | 4,643 | -4,373 | 5,093 |
| Net cash used in operating activities | -23,832 | -32,938 | -105,312 |
| CASH FLOWS FROM INVESTING ACTIVITIES | ' | ' | ' |
| CASH FLOWS FROM FINANCING ACTIVITIES | ' | ' | ' |
| Loans from stockholders | 23,223 | 20,341 | 48,812 |
| Sale of stock for cash | ' | 18,500 | 56,500 |
| Net cash provided by financing activities | 23,223 | 38,841 | 105,312 |
| NET INCREASE (DECREASE) IN CASH | -609 | 5,903 | ' |
| CASH - BEGINNING OF PERIOD | 609 | 25 | ' |
| CASH - END OF PERIOD | ' | $5,928 | $5,928 |
| Organization and Basis of Presentation | 9 Months Ended |
| Dec. 31, 2014 | |
| Accounting Policies [Abstract] | ' |
| Organization and Basis of Presentation | ' |
| NOTE 1- ORGANIZATION AND BASIS OF PRESENTATION | |
| Lightcollar, Inc. (the Company) was incorporated on March 22, 2011, under the laws of the State of Nevada. The business purpose of the Company is to resell an illuminated pet collar pendant through the Company’s website, Lightcollar.com. The website will be a promotional center for the product. The Company has selected March 31 as it fiscal year end. | |
| The unaudited interim financial statements included herein have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). The financial statements and notes are presented as permitted on Form 10-Q and do not contain all the information included in the Company’s annual statements and notes. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been omitted pursuant to such rules and regulations, although the Company believes that the disclosures are adequate to make the information presented not misleading. It is suggested that these financial statements be read in conjunction with the March 31, 2013, audited financial statements and the accompanying notes thereto. Operating results for the nine months ended December 31, 2013, are not necessarily indicative of the results that may be expected for the full year ending March 31, 2014. | |
| These unaudited financial statements reflect all adjustments, including normal recurring adjustments which, in the opinion of management, are necessary to present fairly the operations and cash flows for the periods presented. |
| Summary of Significant Accounting Policies | 9 Months Ended | ||
| Dec. 31, 2014 | |||
| Accounting Policies [Abstract] | ' | ||
| Summary of Significant Accounting Policies | ' | ||
| NOTE 2- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | |||
| Development Stage Company | |||
| The Company is considered to be in the development stage as defined in the Accounting Standards Codification “ASC” 915-10-05, “Development Stage Entity.” The Company is devoting substantially all of its efforts to the execution of its business plan. | |||
| Use of Estimates | |||
| The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America may require management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could then differ from those estimates. There are no such estimates or assumptions incorporated in the attached financial statements. | |||
| Cash | |||
| Cash consists of currency on hand, demand deposits at commercial banks, or funds held in trust and available upon demand | |||
| Start-up Costs | |||
| In accordance with ASC 720-15-20, “Start-up Activities,” the Company expenses all costs incurred in connection with the start-up and organization of the Company. | |||
| Domain Name Transfer | |||
| In accordance with ASC 845-30-10 – a nonmonetary asset received in a nonreciprocal transfer shall be recorded at the fair value of the asset received. A transfer of a nonmonetary asset to a stockholder or to another entity in a nonreciprocal transfer shall be recorded at the fair value of the asset transferred. | |||
| Furthermore, in accordance with ASC 845-10-50-1 – an entity that engages in one | |||
| or more nonmonetary transactions during a period shall disclose in financial statements for the period all of the following: | |||
| a. | The nature of the transactions; | ||
| b. | The basis of accounting for the asset(s) transferred; and | ||
| c. | Gains or losses recognized on transfers. | ||
| The domain name, “lightcollar.com,” was transferred to us from our sole Officer and Director on July 6, 2011 and had only a nominal fair value. The transfer was accounted for as a nonreciprocal transfer under ASC 845-10-30-1. The transfer of $45 and renewals on January 5, 2012, and December 31, 2012, in the amounts of $38 and $30, respectively, were recorded as internet expense of $113. | |||
| Office Space and Labor | |||
| The Company’s sole Officer and Director will provide the labor required to execute the business plan and supply the necessary office space and facilities for the initial period of operations. The Company will recognize the fair value of services and office space provided by our sole Officer and Director as contributed capital in accordance with ASC 225-10-S99-4. From inception (March 22, 2011) through December 31, 2013, the fair value of services and office space provided was estimated to be nil. | |||
| Recently Enacted Accounting Standards | |||
| The Company has evaluated new accounting standards through December 31, 2013. None of the updates for the period has applicability to the Company or their effect on the financial statements would not have been significant. | |||
| Net Income or (Loss) Per Share of Common Stock | |||
| The Company follows financial accounting standards, which provide for “basic” and “diluted” earnings per share. Basic earnings per share is computed by dividing income or loss available to common shareholders by the weighted average shares outstanding; basic and diluted, for the period. Diluted earnings per share reflects the potential dilution due to other securities outstanding which could affect the number of common shares upon exercise. The Company has no potentially dilutive securities, such as options, warrants or convertible bonds, currently issued and outstanding. Consequently, basic and diluted shares are the same, as presented in the Statements of Operations. | |||
| Loans From Stockholders | 9 Months Ended |
| Dec. 31, 2014 | |
| Related Party Transactions [Abstract] | ' |
| Loans From Stockholders | ' |
| NOTE 3- LOANS FROM STOCKHOLDERS | |
| The Company’s President and sole Director and another stockholder have advanced funds for Company expenses as unsecured loans. The loans are payable on demand and therefore classified as current liabilities. The total of advances payable to stockholders was $48,812 as of December 31, 2013. |
| Stockholders' Equity (Deficit) | 9 Months Ended |
| Dec. 31, 2014 | |
| Equity [Abstract] | ' |
| Stockholders' Equity (Deficit) | ' |
| NOTE 4 - STOCKHOLDERS’ EQUITY (DEFICIT) | |
| Preferred Stock | |
| As of December 31, 2013, the Company has 20,000,000 shares of preferred stock authorized with a par value of $0.001 per share. No preferred shares are issued and outstanding. | |
| Common Stock | |
| As of December 31, 2013, the Company has 100,000,000 shares of common stock authorized with a par value of $0.001 per share. 5,650,000 shares have been sold. | |
| No sales of stock have occurred during the nine months ending December 31, 2013. | |
| Common Stock (Continued) | |
| The inception-to-date loss of $110,405 less $56,500 stock sale proceeds yields a stockholder’s deficit of $53,905 as of December 31, 2013. |
| Membership | 9 Months Ended |
| Dec. 31, 2014 | |
| Other Income and Expenses [Abstract] | ' |
| Membership | ' |
| NOTE 5 - MEMBERSHIP | |
| The Company applied for membership in the Depository Trust Company (DTC), through a broker-dealer agent, in August of 2013. The agent’s fee, $8,000, is reported as a Membership expense. An additional $2,000 was paid to the agent for forwarding to DTC upon approval of the application. The application was approved on October 25, 2013, so the $10,000 is reported as a Membership expense. |
| Going Concern | 9 Months Ended |
| Dec. 31, 2014 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | ' |
| Going Concern | ' |
| NOTE 6 - GOING CONCERN | |
| The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America, which contemplates continuation of the Company as a going concern. The Company has incurred an operating deficit since its inception, is in the development stage, has generated no operating revenue, and has negative working capital of $53,905 as of December 31, 2013. These items raise substantial doubt about the Company’s ability to continue as a going concern. | |
| In view of these matters, realization of the assets of the Company is dependent upon the Company’s ability to meet its financial requirements through equity financing, loans from stockholders and sales of the Lightcollar pendants. These financial statements do not include adjustments relating to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue in existence. |
| Summary of Significant Accounting Policies (Policies) | 9 Months Ended | ||
| Dec. 31, 2014 | |||
| Accounting Policies [Abstract] | ' | ||
| Development Stage Company | ' | ||
| Development Stage Company | |||
| The Company is considered to be in the development stage as defined in the Accounting Standards Codification “ASC” 915-10-05, “Development Stage Entity.” The Company is devoting substantially all of its efforts to the execution of its business plan. | |||
| Use of Estimates | ' | ||
| Use of Estimates | |||
| The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America may require management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could then differ from those estimates. There are no such estimates or assumptions incorporated in the attached financial statements. | |||
| Cash | ' | ||
| Cash | |||
| Cash consists of currency on hand, demand deposits at commercial banks, or funds held in trust and available upon demand | |||
| Start-up Costs | ' | ||
| Start-up Costs | |||
| In accordance with ASC 720-15-20, “Start-up Activities,” the Company expenses all costs incurred in connection with the start-up and organization of the Company. | |||
| Domain Name Transfer | ' | ||
| Domain Name Transfer | |||
| In accordance with ASC 845-30-10 – a nonmonetary asset received in a nonreciprocal transfer shall be recorded at the fair value of the asset received. A transfer of a nonmonetary asset to a stockholder or to another entity in a nonreciprocal transfer shall be recorded at the fair value of the asset transferred. | |||
| Furthermore, in accordance with ASC 845-10-50-1 – an entity that engages in one | |||
| or more nonmonetary transactions during a period shall disclose in financial statements for the period all of the following: | |||
| a. | The nature of the transactions; | ||
| b. | The basis of accounting for the asset(s) transferred; and | ||
| c. | Gains or losses recognized on transfers. | ||
| The domain name, “lightcollar.com,” was transferred to us from our sole Officer and Director on July 6, 2011 and had only a nominal fair value. The transfer was accounted for as a nonreciprocal transfer under ASC 845-10-30-1. The transfer of $45 and renewals on January 5, 2012, and December 31, 2012, in the amounts of $38 and $30, respectively, were recorded as internet expense of $113. | |||
| Office Space and Labor | ' | ||
| Office Space and Labor | |||
| The Company’s sole Officer and Director will provide the labor required to execute the business plan and supply the necessary office space and facilities for the initial period of operations. The Company will recognize the fair value of services and office space provided by our sole Officer and Director as contributed capital in accordance with ASC 225-10-S99-4. From inception (March 22, 2011) through December 31, 2013, the fair value of services and office space provided was estimated to be nil. | |||
| Recently Enacted Accounting Standards | ' | ||
| Recently Enacted Accounting Standards | |||
| The Company has evaluated new accounting standards through December 31, 2013. None of the updates for the period has applicability to the Company or their effect on the financial statements would not have been significant. | |||
| Net INcome or (Loss) Per Share of Common Stock | ' | ||
| Net Income or (Loss) Per Share of Common Stock | |||
| The Company follows financial accounting standards, which provide for “basic” and “diluted” earnings per share. Basic earnings per share is computed by dividing income or loss available to common shareholders by the weighted average shares outstanding; basic and diluted, for the period. Diluted earnings per share reflects the potential dilution due to other securities outstanding which could affect the number of common shares upon exercise. The Company has no potentially dilutive securities, such as options, warrants or convertible bonds, currently issued and outstanding. Consequently, basic and diluted shares are the same, as presented in the Statements of Operations. | |||
