Document_and_Entity_Informatio
Document and Entity Information (USD $) | 3 Months Ended |
Nov. 30, 2013 | |
Document And Entity Information | ' |
Entity Registrant Name | 'ENVIRO CLEANSE INC. |
Entity Central Index Key | '0001552946 |
Document Type | '10-Q |
Document Period End Date | 30-Nov-13 |
Amendment Flag | 'false |
Current Fiscal Year End Date | '--05-31 |
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 | $25,000,000 |
Entity Common Stock, Shares Outstanding | 25,000,000 |
Document Fiscal Period Focus | 'Q2 |
Document Fiscal Year Focus | '2013 |
Balance_Sheets_Unaudited
Balance Sheets (Unaudited) (USD $) | Nov. 30, 2013 | 31-May-13 |
Current Assets | ' | ' |
Cash and Cash Equivalents | $170 | $2,560 |
TOTAL ASSETS | 170 | 2,560 |
Liabilities | ' | ' |
Director Loan | 5,800 | 3,500 |
TOTAL LIABILITIES | 5,800 | 3,500 |
Issued and outstanding: 25,000,000 common shares | 25,000 | 25,000 |
(Deficit) accumulated during the development stage | -30,630 | -25,940 |
Total Stockholders' Deficit | -5,630 | -940 |
Total Liabilities and Stockholder's Equity | $170 | $2,560 |
Balance_Sheets_Parenthetical
Balance Sheets (Parenthetical) (USD $) | Nov. 30, 2013 | 31-May-13 |
Statement of Financial Position [Abstract] | ' | ' |
Common Stock par value | $0.00 | $0.00 |
Common Stock Authorized | 200,000,000 | 200,000,000 |
Common Stock Issued and Outstanding | 25,000,000 | 25,000,000 |
Statements_of_Operations_Unaud
Statements of Operations (Unaudited) (USD $) | 3 Months Ended | 6 Months Ended | 19 Months Ended | ||
Nov. 30, 2013 | Nov. 30, 2012 | Nov. 30, 2013 | Nov. 30, 2012 | Nov. 30, 2013 | |
Income Statement [Abstract] | ' | ' | ' | ' | ' |
Revenue | $0 | $0 | $0 | $0 | $0 |
Bank Fees | 43 | 45 | 56 | 81 | 53 |
Computer & Internet Expenses | 0 | 0 | 0 | 0 | 9 |
Incorporation Fees | 0 | 0 | 0 | 0 | 273 |
Office & Operating Supplies | 23 | 114 | 34 | 114 | 534 |
Professional Fees | 700 | 9,700 | 4,600 | 12,450 | 29,277 |
Total Operating Expenses | 766 | 9,859 | 4,690 | 12,645 | 30,630 |
Loss from operations | 766 | 9,859 | 4,690 | 12,645 | 30,630 |
Net (loss) for the period | ($766) | ($9,859) | ($4,690) | ($12,645) | ($30,630) |
Net loss per share - Basic and Diluted | $0 | $0 | $0 | $0 | $0 |
Weighted Average Number of Common Shares Outstanding | 25,000,000 | 8,032,787 | 25,000,000 | 14,248,640 | ' |
Statements_of_Cash_Flows_Unaud
Statements of Cash Flows (Unaudited) (USD $) | 6 Months Ended | 19 Months Ended | |
Nov. 30, 2013 | Nov. 30, 2012 | Nov. 30, 2013 | |
Operating Activities | ' | ' | ' |
Net (loss) for the period | ($4,690) | $12,645 | ($30,630) |
Changes in non-cash working capital items | ' | ' | ' |
Accounts Payable and Accrued Liaiblities | 0 | 0 | 0 |
Cash used in operating activities | -4,690 | -12,645 | -30,630 |
Financing Activities | ' | ' | ' |
Loan payable - Director | 2,300 | 0 | 5,800 |
Cash received from shares issued | 0 | 0 | 25,000 |
Cash provided by financing activities | 2,300 | 0 | 30,800 |
Cash increase (decrease) during the Period | -2,390 | -12,645 | 170 |
Cash, Beginning of Period | 2,560 | 23,680 | 0 |
Cash, End of Period | $170 | $11,035 | $170 |
Organization_and_Business_Oper
Organization and Business Operations | 3 Months Ended |
Nov. 30, 2013 | |
Accounting Policies [Abstract] | ' |
Organization and Business Operations | ' |
1. ORGANIZATION AND BUSINESS OPERATIONS | |
Enviro Cleanse Inc. (“the Company”) was incorporated under the laws of the State of Nevada, U.S. on April 17, 2012. The Company is in the development stage as defined under Statement on Financial Accounting Standards Codification FASB ASC 915-205 "Development-Stage Entities.” The Company has not generated any revenue to date and consequently its operations are subject to all risks inherent in the establishment of a new business enterprise. As of November 30, 2013 the Company has $170 in cash. |
Summary_of_Significant_Account
Summary of Significant Accounting Policies | 3 Months Ended |
Nov. 30, 2013 | |
Accounting Policies [Abstract] | ' |
Summary of Significant Accounting Policies | ' |
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | |
a) Basis of Presentation | |
The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars. | |
b) Going Concern | |
The 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 has incurred losses since inception and further losses are anticipated 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 and loans from directors and or private placement of common stock. These financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classification of liabilities that might result from this uncertainty. | |
c) Cash and Cash Equivalents | |
The Company considers all highly liquid instruments with a maturity of three months or less at the time of issuance to be cash equivalents. | |
d) Use of Estimates and Assumptions | |
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 reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. | |
e) Foreign Currency Translation | |
The Company's functional currency and its reporting currency is the United States dollar. | |
f) Financial Instruments | |
The carrying value of the Company’s financial instruments approximates their fair value because of the short maturity of these instruments. | |
g) Stock-based Compensation | |
The Company records stock based compensation in accordance with the guidance in ASC Topic 718 which requires the Company to recognize expense related to the fair value of its employee stock option awards. This eliminates accounting for share-based compensation transactions using the intrinsic value and requires instead that such transactions be accounted for using a fair-value-based method. The Company recognizes the cost of all share-based awards on a graded vesting basis over the vesting period of the award. To date, the Company has not adopted a stock option plan and has not granted any stock options. | |
h) Income Taxes | |
Income taxes are accounted for under the assets and liability method. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. | |
i) Basic and Diluted Net Loss per Share | |
The Company follows ASC Topic 260 to account for the earnings per share. Basic earnings per common share (“EPS”) calculations are determined by dividing net loss by the weighted average number of shares of common stock outstanding during the year. Diluted earnings per common share calculations are determined by dividing net income by the weighted average number of common shares and dilutive common share equivalents outstanding. During periods when common stock equivalents, if any, are anti-dilutive they are not considered in the computation. | |
j) Fiscal Periods | |
The Company's fiscal year end is May 31. |
Common_Stock
Common Stock | 3 Months Ended |
Nov. 30, 2013 | |
Equity [Abstract] | ' |
Common Stock | ' |
3. COMMON STOCK | |
The authorized capital of the Company is 200,000,000 common shares with a par value of $ 0.001 per share. | |
During the period between April 2012 and May 2012, the Company issued 15,000,000 shares of common stock at a price of $0.001 per share for a value of $15,000 to Mi Ok Cho, its President. The Company relied on Section 4(2) of the Securities Act for this issuance. | |
During the period between April 2012 and May 2012, Company issued 10,000,000 shares of common stock under the private placements agreement to various investors at $0.001 per share. Company received a total of $10,000 net of offering proceeds. | |
There were no further issuances of stock as at November 30, 2013. |
Related_Party_Transactions
Related Party Transactions | 3 Months Ended |
Nov. 30, 2013 | |
Related Party Transactions [Abstract] | ' |
Related Party Transactions | ' |
4. RELATED PARTY TRANSACTIONS | |
Mrs. Mi Ok Cho has advanced funds to the Company to pay any costs incurred by it. These funds are unsecured, non-interest bearing and due on demand. The balance due Mrs. Mi Ok Cho was $5,800 as on November 30, 2013. |
Income_Tax
Income Tax | 3 Months Ended |
Nov. 30, 2013 | |
Income Tax Disclosure [Abstract] | ' |
Income Tax | ' |
5. INCOME TAXES | |
For the quarter ended November 30, 2013 and from inception (April 17, 2012) to November 30, 2013, the Company incurred net operating losses and, accordingly, no provision for income taxes has been recorded. In addition, no benefit for income taxes has been recorded due to the uncertainty of the realization of any tax assets. At November 30, 2013, the Company had approximately $30,630 of federal and state net operating losses. The net operating loss carry forwards, if not utilized, will begin to expire in 2032. |
Subsequent_Events
Subsequent Events | 3 Months Ended |
Nov. 30, 2013 | |
Accounting Policies [Abstract] | ' |
Subsequent Events | ' |
6. SUBSEQUENT EVENTS | |
We have evaluated subsequent events through the date of issuance of the financial statements, and did not have any material recognizable subsequent events. |
Organization_and_Business_Oper1
Organization and Business Operations (Policies) | 3 Months Ended |
Nov. 30, 2013 | |
Accounting Policies [Abstract] | ' |
1. ORGANIZATION AND BUSINESS OPERATIONS | ' |
1. ORGANIZATION AND BUSINESS OPERATIONS | |
Enviro Cleanse Inc. (“the Company”) was incorporated under the laws of the State of Nevada, U.S. on April 17, 2012. The Company is in the development stage as defined under Statement on Financial Accounting Standards Codification FASB ASC 915-205 "Development-Stage Entities.” The Company has not generated any revenue to date and consequently its operations are subject to all risks inherent in the establishment of a new business enterprise. As of November 30, 2013 the Company has $170 in cash. |
Summary_of_Significant_Account1
Summary of Significant Accounting Policies (Policies) | 3 Months Ended |
Nov. 30, 2013 | |
Accounting Policies [Abstract] | ' |
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | ' |
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | |
a) Basis of Presentation | ' |
a) Basis of Presentation | |
The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars. | |
b) Going Concern | ' |
b) Going Concern | |
The 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 has incurred losses since inception and further losses are anticipated 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 and loans from directors and or private placement of common stock. These financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classification of liabilities that might result from this uncertainty. | |
c) Cash and Cash Equivalents | ' |
c) Cash and Cash Equivalents | |
The Company considers all highly liquid instruments with a maturity of three months or less at the time of issuance to be cash equivalents. | |
d) Use of Estimates and Assumptions | ' |
d) Use of Estimates and Assumptions | |
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 reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. | |
e) Foreign Currency Translation | ' |
e) Foreign Currency Translation | |
The Company's functional currency and its reporting currency is the United States dollar. | |
f) Financial Instruments | ' |
f) Financial Instruments | |
The carrying value of the Company’s financial instruments approximates their fair value because of the short maturity of these instruments. | |
g) Stock-based Compensation | ' |
g) Stock-based Compensation | |
The Company records stock based compensation in accordance with the guidance in ASC Topic 718 which requires the Company to recognize expense related to the fair value of its employee stock option awards. This eliminates accounting for share-based compensation transactions using the intrinsic value and requires instead that such transactions be accounted for using a fair-value-based method. The Company recognizes the cost of all share-based awards on a graded vesting basis over the vesting period of the award. To date, the Company has not adopted a stock option plan and has not granted any stock options. | |
h) Income Taxes | |
Income taxes are accounted for under the assets and liability method. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. | |
i) Basic and Diluted Net Loss per Share | ' |
i) Basic and Diluted Net Loss per Share | |
The Company follows ASC Topic 260 to account for the earnings per share. Basic earnings per common share (“EPS”) calculations are determined by dividing net loss by the weighted average number of shares of common stock outstanding during the year. Diluted earnings per common share calculations are determined by dividing net income by the weighted average number of common shares and dilutive common share equivalents outstanding. During periods when common stock equivalents, if any, are anti-dilutive they are not considered in the computation. | |
j) Fiscal Periods | ' |
j) Fiscal Periods | |
The Company's fiscal year end is May 31. |
Common_Stock_Policies
Common Stock (Policies) | 3 Months Ended |
Nov. 30, 2013 | |
Equity [Abstract] | ' |
3. COMMON STOCK | ' |
3. COMMON STOCK | |
The authorized capital of the Company is 200,000,000 common shares with a par value of $ 0.001 per share. | |
During the period between April 2012 and May 2012, the Company issued 15,000,000 shares of common stock at a price of $0.001 per share for a value of $15,000 to Mi Ok Cho, its President. The Company relied on Section 4(2) of the Securities Act for this issuance. | |
During the period between April 2012 and May 2012, Company issued 10,000,000 shares of common stock under the private placements agreement to various investors at $0.001 per share. Company received a total of $10,000 net of offering proceeds. | |
There were no further issuances of stock as at November 30, 2013. |
Related_Party_Transactions_Pol
Related Party Transactions (Policies) | 3 Months Ended |
Nov. 30, 2013 | |
Related Party Transactions [Abstract] | ' |
4. RELATED PARTY TRANSACTIONS | ' |
4. RELATED PARTY TRANSACTIONS | |
Mrs. Mi Ok Cho has advanced funds to the Company to pay any costs incurred by it. These funds are unsecured, non-interest bearing and due on demand. The balance due Mrs. Mi Ok Cho was $5,800 as on November 30, 2013. |
Income_Tax_Policies
Income Tax (Policies) | 3 Months Ended |
Nov. 30, 2013 | |
Income Tax Disclosure [Abstract] | ' |
5. INCOME TAXES | ' |
5. INCOME TAXES | |
For the quarter ended November 30, 2013 and from inception (April 17, 2012) to November 30, 2013, the Company incurred net operating losses and, accordingly, no provision for income taxes has been recorded. In addition, no benefit for income taxes has been recorded due to the uncertainty of the realization of any tax assets. At November 30, 2013, the Company had approximately $30,630 of federal and state net operating losses. The net operating loss carry forwards, if not utilized, will begin to expire in 2032. |
Subsequent_Events_Policies
Subsequent Events (Policies) | 3 Months Ended |
Nov. 30, 2013 | |
Accounting Policies [Abstract] | ' |
6. SUBSEQUENT EVENTS | ' |
6. SUBSEQUENT EVENTS | |
We have evaluated subsequent events through the date of issuance of the financial statements, and did not have any material recognizable subsequent events. |
Common_Stock_Details_Narrative
Common Stock (Details Narrative) | Nov. 30, 2013 | 31-May-13 |
Equity [Abstract] | ' | ' |
[us-gaap:CommonStockSharesAuthorized] | 200,000,000 | 200,000,000 |
[us-gaap:CommonStockSharesIssued] | 25,000,000 | 25,000,000 |
Income_Tax_Details_Narrative
Income Tax (Details Narrative) (USD $) | 6 Months Ended | 19 Months Ended | |
Nov. 30, 2013 | Nov. 30, 2012 | Nov. 30, 2013 | |
Income Tax Disclosure [Abstract] | ' | ' | ' |
[us-gaap:OperatingIncomeLoss] | ($4,690) | $12,645 | ($30,630) |