Document_and_Entity_Informatio
Document and Entity Information (USD $) | 9 Months Ended |
Feb. 28, 2013 | |
Document And Entity Information | ' |
Entity Registrant Name | 'Webfolio Inc. |
Entity Central Index Key | '0001536643 |
Document Type | '10-Q |
Document Period End Date | 28-Feb-13 |
Amendment Flag | 'false |
Current Fiscal Year End Date | '--12-31 |
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 Public Float | $0 |
Entity Common Stock, Shares Outstanding | 5,000,000 |
Document Fiscal Period Focus | 'Q3 |
Document Fiscal Year Focus | '2012 |
Balance_Sheets_Unaudited
Balance Sheets (Unaudited) (USD $) | Feb. 28, 2013 | 31-May-12 |
Current Assets | ' | ' |
Cash | $8,180 | $8,916 |
Other current assets | ' | 11 |
Total Current Assets | 8,180 | 8,927 |
TOTAL ASSETS | 8,180 | 8,927 |
Current Liabilities | ' | ' |
Accounts payable | 685 | ' |
Officer advances | 4,960 | 89 |
Total Current Liabilities | 5,645 | 89 |
Total Liabilities | 5,645 | 89 |
Stockholders' Equity (Deficit) | ' | ' |
Common stock, ($0.0001 par value, 130,000,000 shares authorized; 5,000,000 shares issued and outstanding as of February 28, 2013 and May 31, 2012 | 500 | 500 |
Additional paid-in capital | 9,500 | 9,500 |
Deficit accumulated during development stage | -7,465 | -1,162 |
Total Stockholders' Equity (Deficit) | 2,535 | 8,838 |
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT) | $8,180 | $8,927 |
Balance_Sheets_Parenthetical
Balance Sheets (Parenthetical) (USD $) | Feb. 28, 2013 | 31-May-12 |
Statement of Financial Position [Abstract] | ' | ' |
Common stock par value | $0.00 | $0.00 |
Common stock shares authorized | 130,000,000 | 130,000,000 |
Common stock shares issued | 5,000,000 | 5,000,000 |
Common stock shares outstanding | 5,000,000 | 5,000,000 |
Statements_of_Operations
Statements of Operations (USD $) | 9 Months Ended | 12 Months Ended | 21 Months Ended |
Feb. 28, 2013 | 31-May-12 | Feb. 28, 2013 | |
Revenues | ' | ' | ' |
Revenues | ' | ' | ' |
Total Revenues | ' | ' | ' |
Operating Costs | ' | ' | ' |
Professional expenses | 2,250 | ' | 2,250 |
Administrative expenses | 4,042 | 594 | 4,810 |
Taxes and licences | ' | 568 | 405 |
Total Operating Costs | 6,292 | 1,162 | 7,465 |
Other Income & (Expenses) | ' | ' | ' |
Gain (loss) on currency exchange | ' | ' | ' |
Total Other Income & (Expenses) | ' | ' | ' |
Net Income (Loss) | ($6,292) | ($1,162) | ($7,465) |
Basic earnings per share | $0 | $0 | $0 |
Weighted average number of common shares outstanding | 5,000,000 | 5,000,000 | 5,000,000 |
Statements_of_Cash_Flows
Statements of Cash Flows (USD $) | 9 Months Ended | 12 Months Ended | 21 Months Ended |
Feb. 28, 2013 | 31-May-12 | Feb. 28, 2013 | |
CASH FLOWS FROM OPERATING ACTIVITIES | ' | ' | ' |
Net income (loss) | ($6,292) | ($1,162) | ($7,465) |
Changes in operating assets and liabilities: | ' | ' | ' |
Increase in other current asset | ' | -12 | ' |
Increase (decrease) in accounts payable | 685 | ' | 685 |
Increase (decrease) in officer advances | 4,872 | 89 | 4,960 |
Net cash provided by (used in) operating activities | -735 | -1,085 | -1,820 |
CASH FLOWS FROM INVESTING ACTIVITIES | ' | ' | ' |
Net cash provided by (used in) investing activities | ' | ' | ' |
CASH FLOWS FROM FINANCING ACTIVITIES | ' | ' | ' |
Issuance of common stock | ' | 500 | 500 |
Additional paid-in capital | ' | 9,500 | 9,500 |
Net cash provided by (used in) financing activities | ' | 10,000 | 10,000 |
Net increase (decrease) in cash | -735 | 8,916 | 8,180 |
Cash at beginning of period | 8,916 | ' | ' |
Cash at end of period | 8,180 | 8,916 | 8,180 |
Cash paid during year for : | ' | ' | ' |
Interest | ' | ' | ' |
Income Taxes | ' | ' | ' |
Basis_of_Presentation
Basis of Presentation | 9 Months Ended |
Feb. 28, 2013 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ' |
Basis of Presentation | ' |
Note 1. Basis of Presentation | |
The accompanying unaudited interim financial statements of Webfolio Inc. (the “Company”), have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission, and should be read in conjunction with the audited financial statements and notes thereto contained in the Company’s Registration Statement on Form S-1 filed with SEC. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which would substantially duplicate the disclosure contained in the audited financial statements for fiscal 2012 as reported in the Registration Statement on Form S-1 have been omitted. |
Going_Concern
Going Concern | 9 Months Ended |
Feb. 28, 2013 | |
Development Stage Enterprises [Abstract] | ' |
Going Concern | ' |
Note 2. Going Concern | |
These financial statements have been prepared on a going concern basis which assumes the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future. The Company anticipates future losses in the development of its business raising substantial doubt about the Company’s ability to continue as a going concern. The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management intends to finance operating costs over the next twelve months with existing cash on hand, loans from directors and/or issuance of common shares. | |
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 Company has filed a Registration Statement with the Securities and Exchange Commission in an effort to sell 5,000,000 shares of common stock for proceeds of $50,000. Other than the shares to be offered under the Registration Statement, no other source of capital has been identified or sought. If the Company experiences a shortfall in operating capital prior to funding from the proceeds of the offering, the Company’s director has verbally agreed to advance the Company funds to complete the registration process. Management estimates that the Company can operate in the current limited operations scenario for approximately 4-6 months with the cash currently available to the Company. | |
The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. |
Related_Party_Transaction
Related Party Transaction | 9 Months Ended |
Feb. 28, 2013 | |
Related Party Transactions [Abstract] | ' |
Related Party Transaction | ' |
Note 3. Related Party Transaction | |
Robin Thompson, the president of the Company provides management and office premises to the Company for no compensation. He will not be paid for any underwriting services that he performs on behalf of the Company with respect to the Company’s upcoming S-1 offering. He will also not receive any interest on any funds that he loans to the Company. Mr. Thompson has loaned funds to the Company as of February 28, 2013 in the amount of $4,872. |
Going_Concern_Details_Narrativ
Going Concern (Details Narrative) (USD $) | Feb. 28, 2013 |
Development Stage Enterprises [Abstract] | ' |
Common stock shares | 5,000,000 |
Shares proceeds | $50,000 |
Related_Party_Transaction_Deta
Related Party Transaction (Details Narrative) (USD $) | Feb. 28, 2013 |
Related Party Transactions [Abstract] | ' |
Loaned funds | $4,872 |