Document and Entity Information
| Document and Entity Information - USD ($) | 6 Months Ended | |
| Sep. 30, 2015 | Jul. 14, 2016 | |
| Document And Entity Information | ||
| Entity Registrant Name | ACCELERATED ACQUISITIONS XIX | |
| Entity Central Index Key | 1,542,624 | |
| Document Type | 10-Q | |
| Document Period End Date | Sep. 30, 2015 | |
| 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 Public Float | $ 0 | |
| Entity Common Stock, Shares Outstanding | 5,000,000 | |
| Document Fiscal Period Focus | Q2 | |
| Document Fiscal Year Focus | 2,015 |
Balance Sheet
| Balance Sheet - USD ($) | Sep. 30, 2015 | Mar. 31, 2015 |
| Assets | ||
| Cash | ||
| Total Assets | ||
| Current liabilities: | ||
| Related Party Payable | 2,375 | 1,625 |
| Bank overdraft | 48 | |
| Accrued Expense | 750 | |
| Total liabilities | 2,375 | 2,423 |
| Stockholders' Deficit: | ||
| Preferred stock, $0.0001 par value, 10,000,000 shares authorized; none issued or outstanding at September 30, 2015 and March 31, 2014 | ||
| Common stock, $0.0001 par value, 100,000,000 shares authorized,5,000,000 shares issued and outstanding at September 30, 2015 and March 31, 2014 | 500 | 500 |
| Additional Paid in Capital | 5,100 | 5,100 |
| Accumulated deficit | (7,975) | (8,023) |
| Total Shareholders' Deficit | (2,375) | (2,423) |
| Total Liabilities and Shareholders' Deficit |
Balance Sheet (Parenthetical)
| Balance Sheet (Parenthetical) - $ / shares | Sep. 30, 2015 | Mar. 31, 2015 |
| Stockholders Equity | ||
| Preferred Stock par value | $ .0001 | $ 0.0001 |
| Preferred Stock Authorized | 10,000,000 | 10,000,000 |
| Preferred Stock Issued | 0 | 0 |
| Preferred Stock Outstanding | 0 | 0 |
| Common Stock par value | $ .0001 | $ 0.0001 |
| Common Stock Authorized | 100,000,000 | 100,000,000 |
| Common Stock Issued | 5,000,000 | 5,000,000 |
| Common Stock Outstanding | 5,000,000 | 5,000,000 |
Statement of Operations
| Statement of Operations - USD ($) | 3 Months Ended | 6 Months Ended | ||
| Sep. 30, 2015 | Sep. 30, 2014 | Sep. 30, 2015 | Sep. 30, 2014 | |
| Income Statement [Abstract] | ||||
| Revenues | ||||
| Operating Expenses: | ||||
| General and administrative | 1,625 | |||
| Net loss | $ (1,625) | |||
| Basic and diluted net loss per share | $ 0 | $ 0 | $ 0 | $ 0 |
| Basic earnings (loss) per share - Basic and diluted Weighted average number of common shares outstanding - Basic and diluted | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 |
Statement of Cash Flows
| Statement of Cash Flows - USD ($) | 6 Months Ended | |
| Sep. 30, 2015 | Sep. 30, 2014 | |
| Operating activities: | ||
| Net Loss | $ (1,625) | |
| Changes in Assets and Liabilities | ||
| Account Payable | 1,625 | |
| Increase in accrued expenses due to founder | ||
| Net Cash used in operations | ||
| Financing Activities | ||
| Increase in Bank Overdraft | ||
| Net increase (decrease) in cash | ||
| Cash and equivalents at beginning of period | ||
| Cash and equivalents at end of period | ||
ORGANIZATION AND SUMMARY OF SIG
| ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: | 6 Months Ended |
| Sep. 30, 2015 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: | NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: (a) Organization and Business: Accelerated Acquisitions XIX, Inc. (the Company) was incorporated in the state of Delaware on February 6, 2012 for the purpose of raising capital that is intended to be used in connection with its business plan which may include a possible merger, acquisition or other business combination with an operating business. All activities of the Company to date relate to its organization, initial funding and share issuances. (b) Basis of Presentation The accompanying interim financial statements are unaudited and have been prepared in accordance with accounting principles generally accepted for interim financial statement presentation and in accordance with the instructions to Regulations S-K. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statement presentation. In the opinion of management, all adjustments for a fair statement of the results and operations and financial position for the interim periods presented have been included. All such adjustments are of a normal recurring nature. The financial information should be read in conjunction with the Financial Statements and notes thereto included in the Companys Form 10-K Annual Report for the year ended March 31, 2015. The financial statements presented herein may not be indicative of the results of the Company for the year ending March 31, 2015. (c) Use of Estimates: The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the balance sheet and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. (d) Emerging Growth Company We are an emerging growth company, as defined in the Jumpstart our Business Startups Act of 2012, and we may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies, including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in our periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved. Under the Jumpstart Our Business Startups Act, emerging growth companies can delay adopting new or revised accounting standards until such time as those standards apply to private companies. We have elected not to avail ourselves to this exemption from new or revised accounting standards and, therefore, we will be subject to the same new or revised accounting standards as other public companies that are not emerging growth companies. (e) Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers highly liquid financial instruments purchased with a maturity of three months or less to be cash equivalents. The Company had no cash equivalents at September 30, 2015 and March 31, 2015. (f) Loss per Common Share Basic loss per share is calculated using the weighted-average number of common shares outstanding during each reporting period. Diluted per share includes potentially dilutive securities such as outstanding options and warrants, using various methods such as the treasury stock or modified treasury stock method in the determination of dilutive shares outstanding during each reporting period. The Company has incurred a loss during the current period, therefore any potentially dilutive shares are excluded, as they would be anti-dilutive. The Company does not have any potentially dilutive instruments for this reporting period. (g) Recent Accounting Pronouncements Except for rules and interpretive releases of the SEC under authority of federal securities laws and a limited number of grandfathered standards, the FASB Accounting Standards Codification ("ASC") is the sole source of authoritative GAAP literature recognized by the FASB and applicable to the Company. Management has reviewed the aforementioned rules and releases and believes any effect will not have a material impact on the Company's present or future financial statements. On June 10, 2014, the Financial Accounting Standards Board issued Accounting Standards Update (ASU) No. 2014-10, Development Stage Entities (Topic 915) Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation, We have evaluated the recent accounting pronouncements through ASU 2014-16 and believe that none of them will have a material effect on our financial statements. |
GOING CONCERN
| GOING CONCERN | 6 Months Ended |
| Sep. 30, 2015 | |
| Text Block [Abstract] | |
| GOING CONCERN | NOTE 2 - GOING CONCERN The accompanying financial statements have been prepared on a going concern basis, which assumes the Company will realize its assets and discharge its liabilities in the normal course of business. As reflected in the accompanying financial statements, the Company has a deficit accumulated during the development stage, used cash from operations since its inception, and has negative working capital at September 30, 2014. The Companys ability to continue as a going concern is dependent upon its ability to generate future profitable operations and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. The Companys ability to continue as a going concern is also dependent on its ability to find a suitable target company and enter into a possible reverse merger with such company. Managements plan includes obtaining additional funds by equity financing through a reverse merger transaction and/or related party advances; however there is no assurance of additional funding being available. These conditions raise substantial doubt about the Companys ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might arise as a result of this uncertainty. |
RELATED PARTY TRANSACTIONS
| RELATED PARTY TRANSACTIONS | 6 Months Ended |
| Sep. 30, 2015 | |
| Related Party Transactions [Abstract] | |
| RELATED PARTY TRANSACTIONS | NOTE 3 - RELATED PARTY TRANSACTIONS At inception, the Company issued 5,000,000 shares of restricted common stock to the majority shareholder for initial funding, in the amount of $2,000. The Company does not have employment contracts with its sole offer and director, who is the majority shareholder. The sole officer and director of the Company is involved in other business activities and may, in the future, become involved in additional business opportunities that become available. A conflict may arise in selecting between the Company and other business interests. The Company has not formulated a policy for the resolution of such conflicts. We depend on our sole officer and director, to provide the Company with the necessary funds to implement our business plan, as necessary. The Company does not have a funding commitment or any written agreement for our future required cash needs. The majority shareholder has advanced funds, as necessary. These advances are considered temporary in nature and are payable on demand. There is no formal document describing the terms of this arrangement (maturity date and interest rates). As of September 30, 2014, the shareholder forgave $3,600 the full debt of the Company. The Company does not own or lease property or lease office space. The office space used by the Company was arranged by the sole officer and director of the Company to use at no charge. The above amount is not necessarily indicative of the amount that would have been incurred had a comparable transaction been entered into with independent parties. |
INCOME TAXES
| INCOME TAXES | 6 Months Ended |
| Sep. 30, 2015 | |
| Income Tax Disclosure [Abstract] | |
| INCOME TAXES | NOTE 4 - INCOME TAXES The Company has incurred net operating losses since inception. The Company has not reflected any benefit of such net operating loss carry forward in the financial statements. In assessing the realization of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income. Based on the level of historical taxable losses and projections of future taxable income (losses) over the periods in which the deferred tax assets can be realized, management currently believes that it is more likely than not that the Company will not realize the benefits of these deductible differences. Accordingly, the Company has provided a valuation allowance against the gross deferred tax assets. As of September 30, 2015 the Company had a net operating loss carry forward of approximately $7,975 which will begin to expire in the tax year 2028. Federal tax laws impose significant restrictions on the utilization of net operating loss carry forwards and research and development credits in the event of a change in ownership of the Company, as defined by the Internal Revenue Code Section 382. The Company's net operating loss carry forwards and research and development credits may be subject to the above limitations. The relevant FASB standard resulted in no adjustments to the Company's liability for unrecognized tax benefits. As of the date of adoption and as of September 30, 2015 there were no unrecognizable tax benefits. Accordingly, a tabular reconciliation from beginning to ending periods is not provided. The Company will classify any future interest and penalties as a component of income tax expense if incurred. To date, there have been no interest or penalties charged or accrued in relation to unrecognized tax benefits. The Company is subject to federal and state examinations for the year 2012 forward. There are no tax examinations currently in progress. |
ORGANIZATION AND SUMMARY OF S10
| ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: (Policies) | 6 Months Ended |
| Sep. 30, 2015 | |
| Accounting Policies [Abstract] | |
| (a) Organization and Business | (a) Organization and Business: Accelerated Acquisitions XIX, Inc. (the Company) was incorporated in the state of Delaware on February 6, 2012 for the purpose of raising capital that is intended to be used in connection with its business plan which may include a possible merger, acquisition or other business combination with an operating business. All activities of the Company to date relate to its organization, initial funding and share issuances. |
| (b) Basis of Presentation | (b) Basis of Presentation The accompanying interim financial statements are unaudited and have been prepared in accordance with accounting principles generally accepted for interim financial statement presentation and in accordance with the instructions to Regulations S-K. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statement presentation. In the opinion of management, all adjustments for a fair statement of the results and operations and financial position for the interim periods presented have been included. All such adjustments are of a normal recurring nature. The financial information should be read in conjunction with the Financial Statements and notes thereto included in the Companys Form 10-K Annual Report for the year ended March 31, 2012. The financial statements presented herein may not be indicative of the results of the Company for the year ending March 31, 2013. |
| (c) Use of Estimates | (c) Use of Estimates: The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the balance sheet and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. |
| (e) Cash and Cash Equivalents | (e) Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers highly liquid financial instruments purchased with a maturity of three months or less to be cash equivalents. The Company had no cash equivalents at September 30, 2015 and March 31, 2015. |
| (f) Loss per Common Share | (f) Loss per Common Share Basic loss per share is calculated using the weighted-average number of common shares outstanding during each reporting period. Diluted per share includes potentially dilutive securities such as outstanding options and warrants, using various methods such as the treasury stock or modified treasury stock method in the determination of dilutive shares outstanding during each reporting period. The Company has incurred a loss during the current period, therefore any potentially dilutive shares are excluded, as they would be anti-dilutive. The Company does not have any potentially dilutive instruments for this reporting period. |
| (g) Recent Accounting Pronouncements | (g) Recent Accounting Pronouncements Except for rules and interpretive releases of the SEC under authority of federal securities laws and a limited number of grandfathered standards, the FASB Accounting Standards Codification ("ASC") is the sole source of authoritative GAAP literature recognized by the FASB and applicable to the Company. Management has reviewed the aforementioned rules and releases and believes any effect will not have a material impact on the Company's present or future financial statements. On June 10, 2014, the Financial Accounting Standards Board issued Accounting Standards Update (ASU) No. 2014-10, Development Stage Entities (Topic 915) Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation, We have evaluated the recent accounting pronouncements through ASU 2014-16 and believe that none of them will have a material effect on our financial statements. |
ORGANIZATION AND SUMMARY OF S11
| ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: (Details Narrative) - USD ($) | Sep. 30, 2015 | Mar. 31, 2015 |
| Notes to Financial Statements | ||
| Cash |
RELATED PARTY TRANSACTIONS - (D
| RELATED PARTY TRANSACTIONS - (Details) - USD ($) | 12 Months Ended | |
| Mar. 31, 2015 | Sep. 30, 2015 | |
| Related Party Transactions - Details | ||
| Shares issued for cash | 5,000,000 | 5,000,000 |
| Value of shares issued | $ 500 | $ 500 |
| Debt fogiveness | $ 3,600 | |
| Debt owed to shareholder | $ 2,625 |
INCOME TAXES (Details Narrative
| INCOME TAXES (Details Narrative) | Sep. 30, 2015USD ($) |
| Income Tax Disclosure [Abstract] | |
| Net operating loss carryforward | $ 7,975 |