Wellness Matrix (WMGR) 10-Q 16 Dec 13 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Oct. 31, 2013	Dec. 16, 2013
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	31-Oct-13	'
Trading Symbol	'kwest	'
Entity Registrant Name	'FUHUIYUAN INTERNATIONAL HOLDINGS Ltd	'
Entity Central Index Key	'0001527974	'
Current Fiscal Year End Date	'--04-30	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	22,500,000
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'
Entity Well Known Seasoned Issuer	'No	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q2	'

INTERIM_CONSOLIDATED_BALANCE_S

INTERIM CONSOLIDATED BALANCE SHEETS (CAD)	Oct. 31, 2013	Apr. 30, 2013
Current	'	'
Cash and cash equivalents	29,576	24,398
Income taxes receivable	48,321	49,395
Prepaid expense	2,500	2,500
Total Current Assets	80,397	76,293
Equipment	1,722	3,445
Land for development	30,000	30,000
Total Assets	112,119	109,738
Current	'	'
Accounts payable and accrued liabilities	471,891	459,501
Due to related parties -	169,587	148,955
Total Current Liabilities	641,478	608,456
Due to related parties	274,074	274,074
Total Liabilities	915,552	882,530
STOCKHOLDERS' EQUITY (DEFICIT)	'	'
Capital Stock Authorized 100,000,000 common shares, voting, par value $.0001 each 90,000,000 preferred shares, par value $.0001 each Issued 22,500,000 common shares (April 30, 2013 - 15,000,000)	2,250	1,500
Additional paid in capital	121,608	73,261
Accumulated deficit	-932,887	-879,053
Accumulated other comprehensive income	596	0
Stockholders' Equity Attributable to Fuhuiyuan International Shareholders	-808,433	-804,292
Equity attributable to noncontrolling interest	5,000	31,500
Total Stockholders' Deficit	-803,433	-772,792
Total Liabilities and Stockholders' Deficit	112,119	109,738

INTERIM_CONSOLIDATED_BALANCE_S1

INTERIM CONSOLIDATED BALANCE SHEETS (Parenthetical) (CAD)	Oct. 31, 2013	Apr. 30, 2013
Common Stock, Shares Authorized	100,000,000	100,000,000
Common Stock, Par Value Per Share	0.0001	0.0001
Preferred Stock, Shares Authorized	90,000,000	90,000,000
Preferred Stock, Par Value Per Share	0.0001	0.0001
Common Stock, Shares, Issued	22,500,000	15,000,000

INTERIM_CONSOLIDATED_STATEMENT

INTERIM CONSOLIDATED STATEMENTS OF OPERATIONS (CAD)	3 Months Ended		6 Months Ended
	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2013	Oct. 31, 2012
Revenues	'	'	'	'
Sales revenue	155,565	0	155,565	0
Cost of goods sold	124,452	0	124,452	0
Net Profit	31,113	0	31,113	0
Expenses	'	'	'	'
Administration fees	4,200	0	5,513	0
Depreciation	862	861	1,723	1,723
Office and general	11,379	3,224	40,021	4,281
Professional fees	19,942	1,817	26,608	3,172
Rent	2,500	7,499	9,998	14,997
Total Expenses	-38,883	-13,401	-83,863	-24,173
Net loss	-7,770	-13,401	-52,750	-24,173
Other comprehensive income	'	'	'	'
Foreign currency translation	596	0	596	0
Comprehensive loss	-7,174	-13,401	-52,154	-24,173
Dividend attributable to noncontrolling interest	-422	-776	-1,084	-1,381
Comprehensive loss attributed to equity stockholders	-7,596	-14,177	-53,238	-25,554
Basic and diluted loss per share	0	-0.001	-0.003	-0.002
Weighted average number of shares outstanding	21,358,696	15,000,000	18,179,348	15,000,000

INTERIM_CONSOLIDATED_STATEMENT1

INTERIM CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (CAD)	Common Stock [Member]	Additional Paid in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income [Member]	Equity attributable to KWest shareholders [Member]	Equity attributable to noncontrolling interest [Member]	Total
Beginning Balance at Apr. 30, 2012	1,500	73,261	-57,445	'	17,316	36,500	53,816
Beginning Balance (Shares) at Apr. 30, 2012	15,000,000	'	'	'	'	'	'
Redemption of preferred shares	'	'	'	'	'	-5,000	-5,000
Net loss for the year ended	'	'	-818,750	'	-818,750	'	-818,750
Dividends to noncontrolling interest	'	'	-2,858	'	-2,858	'	-2,858
Ending Balance at Apr. 30, 2013	1,500	73,261	-879,053	'	-804,292	31,500	-772,792
Beginning Balance (Shares) at Apr. 30, 2013	15,000,000	'	'	'	'	'	'
Shares issued for 100% of common shares of Fuhuiyuan International Goup (Holdings) Limited	750	48,347	'	'	49,097	'	49,097
Shares issued for 100% of common shares of Fuhuiyuan International Goup (Holdings) Limited (Shares)	7,500,000	'	'	'	'	'	'
Redemption of preferred shares	'	'	'	'	'	-26,500	-26,500
Net loss for the year ended	'	'	'	'	'	'	-52,750
Comprehensive loss for the period	'	'	-52,750	596	-52,154	'	-52,154
Dividends to noncontrolling interest	'	'	-1,084	'	-1,084	'	-1,084
Ending Balance at Oct. 31, 2013	2,250	121,608	-932,887	596	-808,433	5,000	-803,433
Ending Balance (Shares) at Oct. 31, 2013	22,500,000	'	'	'	'	'	'

INTERIM_CONSOLIDATED_STATEMENT2

INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS (CAD)	3 Months Ended		6 Months Ended
	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2013	Oct. 31, 2012
Operating activities	'	'	'	'
Net loss for period	-7,770	-13,401	-52,750	-24,173
Item not requiring outlay of cash	'	'	'	'
Depreciation	862	861	1,723	1,723
Changes in non-cash working capital balances	'	'	'	'
Accounts payable	-30,374	3,366	10,821	5,212
Income taxes payable	-2,128	0	1,074	0
Due to (from) related parties	35,009	8,190	19,598	16,590
Net cash provided by (used in) operating activities	-4,401	-984	-19,534	-648
Investing activities	'	'	'	'
Cash received on shares issued	51,700	0	51,700	0
Net cash proved by investing activities	51,700	0	51,700	0
Financing activities	'	'	'	'
Redemption of preferred shares	-18,500	0	-26,500	0
Dividend	-422	-776	-1,084	-1,381
Net cash used in financing activities	-18,922	-776	-27,584	-1,381
Increase (decrease) in cash and cash equivalents during the period	28,377	-1,760	4,582	-2,029
Foreign exchange translation	596	0	596	0
Cash and cash equivalents, beginning of the period	603	4,605	24,398	4,874
Cash and cash equivalents, end of the period	29,576	2,845	29,576	2,845
Supplemental information	'	'	'	'
Interest paid	0	0	0	0
Income taxes paid	0	0	0	0

NATURE_AND_CONTINUANCE_OF_OPER

NATURE AND CONTINUANCE OF OPERATIONS	6 Months Ended
	Oct. 31, 2013
NATURE AND CONTINUANCE OF OPERATIONS [Text Block]	'
	NOTE 1 – NATURE AND CONTINUANCE OF OPERATIONS
	Fuhuiyuan International Holdings Limited (“Fuhuiyuan” or the “Corporation”), formerly KWest Investment International Ltd., was incorporated in the state of Nevada, United States on December 8, 2009. On June 7, 2010, the Corproation acquired KWest Investments & Development Inc. (“KWest Alberta”) of Edmonton, Alberta, Canada as its wholly owned subsidiary. KWest Alberta. was incorporated on September 29, 2008 with its head office located in Edmonton, Alberta, Canada and is specialized in real estate syndication.
	The Corporation issued 9,555,000 shares of common stock in exchange for 100% of the outstanding common shares of KWest Alberta. Although the Corporation was the legal acquirer, the transaction was accounted for as a recapitalization of KWest Alberta in the form of a reverse merger, whereby KWest Alberta becomes the accounting acquirer and was deemed to have retroactively adopted the capital structure of the Corporation. Accordingly, the accompanying consolidated financial statements reflect the historical consolidated financial statements of KWest Alberta for all periods presented, and do not include the historical financial statements of the Corporation. All costs associated with the reverse merger transaction were expensed as incurred.
	Effective August 7, 2013, the Corporation changed its name to Fuhuiyuan International Holdings Limited from its former name, KWest Investment International Ltd.
	On August 15, 2013, the Corporation entered into a share exchange agreement with Fuhuiyuan International Group (Holdings) Limited (“Fuhuiyuan International”). In exchange for all the outstanding shares of common stock of Fuhuiyuan International, the Corporation issued an aggregate of 7,500,000 shares of common stock of the Corporation.
	Fuhuiyuan International is a newly formed trading company and it has recently entered into an agency agreement with Qingdao Fuhuiyuan Investment Co. Ltd. (“Qingdao Fuhuiyuan”) in which Qingdao Fuhuiyuan has appointed Fuhuiyuan International to act as its international agent to sell Qingdao Fuhuiyuan’s products, including cosmetics, jewelry, fashion clothing and accessories. Fuhuiyuan International collects payments made by overseas customers on behalf of Qingdao Fuhuiyuan and oversees all related activities and expenditures. In addition, Fuhuiyuan International handles all affairs relating to overseas transportation, customs declaration, customs clearance and payment of taxes.

INTERIM_REPORTING

INTERIM REPORTING	6 Months Ended
	Oct. 31, 2013
INTERIM REPORTING [Text Block]	'
	NOTE 2 – INTERIM REPORTING
	The interim condensed consolidated financial statements, which include the Corporation and its subsidiaries, KWest Investments & Development Inc. and Fuhuiyuan International Group (Holdings) Limited, are prepared under the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America. All significant inter-company accounts and transactions have been eliminated. These financial statements include 100% of the assets, liabilities, and net income or loss of its wholly-owned subsidiaries.
	While the information presented in the accompanying interim condensed consolidated financial statements is unaudited, it includes all adjustments, which are, in the opinion of management, necessary to present fairly the financial position, results of operations and cash flows for the interim periods presented in accordance with accounting principles generally accepted in the United States of America. All adjustments are of a normal recurring nature. It is suggested that these interim condensed consolidated financial statements be read in conjunction with the Company’s April 30, 2013 annual consolidated financial statements. Operating results for the six month period ended October 31, 2013 are not necessarily indicative of the results that can be expected for the year ended April 30, 2014.

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Oct. 31, 2013
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Text Block]	'
	NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	There have been no changes in accounting policies from those disclosed in the notes to the audited consolidated financial statements for the year ended April 30, 2013.
	Functional currency
	The Corporation’s functional currency is the Canadian dollar. All amounts shown on these statements are stated in Canadian dollars.

RECENT_ACCOUNTING_PRONOUNCEMEN

RECENT ACCOUNTING PRONOUNCEMENTS	6 Months Ended
	Oct. 31, 2013
RECENT ACCOUNTING PRONOUNCEMENTS [Text Block]	'
	NOTE 4 – RECENT ACCOUNTING PRONOUNCEMENTS
	The Corporation adopts new pronouncements relating to generally accepted accounting principles applicable to the Corporation as they are issued, which may be in advance of their effective date. Management does not believe that any recently issued, but not yet effective accounting standards, if currently adopted, would have a material effect on the accompanying financial statements.

EQUIPMENT

EQUIPMENT	6 Months Ended
	Oct. 31, 2013
EQUIPMENT [Text Block]	'
	NOTE 5 – EQUIPMENT
							31-Oct-13
					Accumulated
			Cost		Depreciation		Net
	Furniture and computers	$	17,227	$	15,505	$	1,722
	Leasehold improvements		15,506		15,506		-
		$	32,733	$	31,011	$	1,722
							30-Apr-13
	Furniture and computers				Accumulated
	Leasehold improvement		Cost		Depreciation		Net
		$	17,227	$	13,782	$	3,445
	Furniture and computers		15,506		15,506		-
	Leasehold improvement	$	32,733	$	29,288	$	3,445

RELATED_PARTY_TRANSACTIONS_AND

RELATED PARTY TRANSACTIONS AND BALANCES	6 Months Ended
	Oct. 31, 2013
RELATED PARTY TRANSACTIONS AND BALANCES [Text Block]	'NOTE 6 – RELATED PARTY TRANSACTIONS AND BALANCES
	The following are related transaction balances with related parties for the period ended October 31, 2013:
					31-Oct-13				30-Apr-13
			Current		Non-Current		Current		Non-Current
	Due to related party	$	169,587	$	274,074	$	148,955	$	274,074
	Current advances from related parties represent advances from a shareholder, advances from a Corporation with common management and advances from a party related to a shareholder. The advances are without interest and have no specified repayment terms.

CAPITAL_STOCK

CAPITAL STOCK	6 Months Ended
	Oct. 31, 2013
CAPITAL STOCK [Text Block]	'
	NOTE 7 - CAPITAL STOCK
	On April 28, 2010, the Corporation issued 5,445,000 common shares of the Corporation for gross proceed of $92,817 by way of private placement.
	On June 7, 2010, the Corporation issued 9,555,000 common shares of the Corporation in exchange for 100% of the outstanding common shares of KWest Investments & Development Inc. The transaction was accounted for as a reverse merger and a retroactive recapitalization.
	On August 15, 2013, the Corporation issued 7,500,000 common shares of in exchange for all the outstanding shares of common stock of Fuhuiyuan International.
	As at October 31, 2013, there were no warrants or options outstanding.

PREFERRED_SHARES

PREFERRED SHARES	6 Months Ended
	Oct. 31, 2013
PREFERRED SHARES [Text Block]	'
	NOTE 8 – PREFERRED SHARES
	On January 13, 2011, the Corporation’s subsidiary, KWest Investments and Development Inc., closed a private placement of 160,000 preferred shares at $0.125 per share for a gross proceed of $20,000.
	During February, 2011, the Corporation’s subsidiary, KWest Investments and Development Inc., closed a private placement of 80,000 preferred shares at $0.125 per share for a gross proceed of $10,000.
	During the quarter ended January 31, 2012, the Corporation’s subsidiary, KWest Investments and Development Inc., closed a private placement of 68,000 preferred shares at $0.125 per share for a gross proceed of $8,500.
	These shares bear a cumulative dividend of 8% per annum and are redeemable at the option of the Corporation on or before the second year anniversary from the date of closing.
	On March 15, 2013, $5,000 of preferred shares was redeemed. On July 25, 2013, $10,000 of preferred shares was redeemed. On October 18, 2013, $18,500 of preferred shares was redeemed.

COMMITMENT

COMMITMENT	6 Months Ended
	Oct. 31, 2013
COMMITMENT [Text Block]	'
	NOTE 9 – COMMITMENT
	The Corporation entered into an agreement to lease office space that expires September 1, 2014. The monthly commitment is $1,250.00 ($15,000 per year.)

Recovered_Sheet1

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Oct. 31, 2013
Functional Currency [Policy Text Block]	'
	Functional currency
	The Corporation’s functional currency is the Canadian dollar. All amounts shown on these statements are stated in Canadian dollars.

EQUIPMENT_Tables

EQUIPMENT (Tables)	6 Months Ended							12 Months Ended
	Oct. 31, 2013							Apr. 30, 2013
Schedule of Property, Plant and Equipment [Table Text Block]	'							'
							31-Oct-13							30-Apr-13
					Accumulated			Furniture and computers				Accumulated
			Cost		Depreciation		Net	Leasehold improvement		Cost		Depreciation		Net
	Furniture and computers	$	17,227	$	15,505	$	1,722		$	17,227	$	13,782	$	3,445
	Leasehold improvements		15,506		15,506		-	Furniture and computers		15,506		15,506		-
		$	32,733	$	31,011	$	1,722	Leasehold improvement	$	32,733	$	29,288	$	3,445

RELATED_PARTY_TRANSACTIONS_AND1

RELATED PARTY TRANSACTIONS AND BALANCES (Tables)	6 Months Ended
	Oct. 31, 2013
Schedule of Related Party Transactions, by Transactions [Table Text Block]	'
					31-Oct-13				30-Apr-13
			Current		Non-Current		Current		Non-Current
	Due to related party	$	169,587	$	274,074	$	148,955	$	274,074

NATURE_AND_CONTINUANCE_OF_OPER1

NATURE AND CONTINUANCE OF OPERATIONS (Narrative) (Details)	6 Months Ended
	Oct. 31, 2013
Nature And Continuance Of Operations 1	9,555,000
Nature And Continuance Of Operations 2	100.00%
Nature And Continuance Of Operations 3	7,500,000

INTERIM_REPORTING_Narrative_De

INTERIM REPORTING (Narrative) (Details)	6 Months Ended
	Oct. 31, 2013
Interim Reporting 1	100.00%

CAPITAL_STOCK_Narrative_Detail

CAPITAL STOCK (Narrative) (Details) (CAD)	6 Months Ended
	Oct. 31, 2013
Capital Stock 1	5,445,000
Capital Stock 2	92,817
Capital Stock 3	9,555,000
Capital Stock 4	100.00%
Capital Stock 5	7,500,000

PREFERRED_SHARES_Narrative_Det

PREFERRED SHARES (Narrative) (Details) (CAD)	6 Months Ended
	Oct. 31, 2013
Preferred Shares 1	160,000
Preferred Shares 2	0.125
Preferred Shares 3	20,000
Preferred Shares 4	80,000
Preferred Shares 5	0.125
Preferred Shares 6	10,000
Preferred Shares 7	68,000
Preferred Shares 8	0.125
Preferred Shares 9	8,500
Preferred Shares 10	8.00%
Preferred Shares 11	5,000
Preferred Shares 12	10,000
Preferred Shares 13	18,500

COMMITMENT_Narrative_Details

COMMITMENT (Narrative) (Details) (CAD)	6 Months Ended
	Oct. 31, 2013
Commitment 1	1,250
Commitment 2	15,000

Schedule_of_Property_Plant_and

Schedule of Property, Plant and Equipment (Details) (CAD)	6 Months Ended	12 Months Ended
	Oct. 31, 2013	Apr. 30, 2013
Equipment Schedule Of Property, Plant And Equipment 1	17,227	'
Equipment Schedule Of Property, Plant And Equipment 2	15,505	'
Equipment Schedule Of Property, Plant And Equipment 3	1,722	'
Equipment Schedule Of Property, Plant And Equipment 4	15,506	'
Equipment Schedule Of Property, Plant And Equipment 5	15,506	'
Equipment Schedule Of Property, Plant And Equipment 6	0	'
Equipment Schedule Of Property, Plant And Equipment 7	32,733	'
Equipment Schedule Of Property, Plant And Equipment 8	31,011	'
Equipment Schedule Of Property, Plant And Equipment 9	1,722	'
Equipment Schedule Of Property, Plant And Equipment 1	'	17,227
Equipment Schedule Of Property, Plant And Equipment 2	'	13,782
Equipment Schedule Of Property, Plant And Equipment 3	'	3,445
Equipment Schedule Of Property, Plant And Equipment 4	'	15,506
Equipment Schedule Of Property, Plant And Equipment 5	'	15,506
Equipment Schedule Of Property, Plant And Equipment 6	'	0
Equipment Schedule Of Property, Plant And Equipment 7	'	32,733
Equipment Schedule Of Property, Plant And Equipment 8	'	29,288
Equipment Schedule Of Property, Plant And Equipment 9	'	3,445

Schedule_of_Related_Party_Tran

Schedule of Related Party Transactions, by Transactions (Details) (CAD)	6 Months Ended
	Oct. 31, 2013
Related Party Transactions And Balances Schedule Of Related Party Transactions 1	169,587
Related Party Transactions And Balances Schedule Of Related Party Transactions 2	274,074
Related Party Transactions And Balances Schedule Of Related Party Transactions 3	148,955
Related Party Transactions And Balances Schedule Of Related Party Transactions 4	274,074