Aqua Power Systems (APSI) 10-Q18 Feb 152015 Q3 Quarterly reportFinancial data

Company Profile

Document_And_Entity_Informatio

Document And Entity Information	9 Months Ended
Document And Entity Information	Dec. 31, 2014	Feb. 13, 2015
Document Information [Line Items]
Entity Registrant Name	AQUA POWER SYSTEMS INC.
Entity Central Index Key	1553264
Current Fiscal Year End Date	-28
Entity Filer Category	Smaller Reporting Company
Trading Symbol	APSI
Entity Common Stock, Shares Outstanding		161,124,318
Document Type	10-Q
Amendment Flag	FALSE
Document Period End Date	31-Dec-14
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2015

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Dec. 31, 2014	Mar. 31, 2014
Current Assets
Cash	$145	$160
Accounts receivable, net	388	361
Note receivable, net of $6,034 allowance	0	0
Total Current Assets	533	521
Equipment, net	0	0
Total Assets	533	521
Current Liabilities
Accounts payable and Accrued Expenses	37,218	87,948
Notes payable	14,163	8,000
Notes payable - related party	20,000	0
Deferred Federal grant	7,478	11,217
Total Liabilities	78,859	107,165
Commitments and Contingencies (See Note 7)
Stockholders' Deficiency
Preferred stock, $0.0001 par value; 10,000,000 shares authorized, none issued and outstanding	0	0
Common stock, $0.0001 par value; 200,000,000 shares authorized, 161,124,318 and 161,124,318 issued and outstanding, respectively	16,112	16,112
Additional paid-in capital	370,926	259,442
Accumulated deficit	-465,364	-382,198
Total Stockholders' Deficiency	-78,326	-106,644
Total Liabilities and Stockholders' Deficiency	$533	$521

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parentheticals) (USD $)	Dec. 31, 2014	Mar. 31, 2014
Allowance for notes receivable	$6,034	$6,034
Preferred stock par value	$0.00	$0.00
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common stock par value	$0.00	$0.00
Common Stock, Shares Authorized	200,000,000	200,000,000
Common Stock, Shares, Issued	161,124,318	161,124,318
Common Stock, Shares, Outstanding	161,124,318	161,124,318

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (USD $)	3 Months Ended		9 Months Ended
Condensed Consolidated Statements of Operations (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Revenue	$408	$1,364	$1,847	$2,623
Operating Expenses
Professional fees	10,467	12,271	64,697	29,880
General and administrative	15,644	33,319	41,494	84,737
Impairment loss on photovoltaic system	0	0	0	36,708
Total Operating Expenses	26,111	45,590	106,191	151,325
Loss from Operations	-25,703	-44,226	-104,344	-148,702
Other Income (Expense)
Interest expense	-955	0	-1,128	0
Gain on settlement of debt	0	0	18,567	0
Grant income	0	0	3,739	3,739
Total Other Income(Expense)	-955	0	21,178	3,739
LOSS FROM OPERATIONS BEFORE INCOME TAXES	-26,658	-44,226	-83,166	-144,963
Provision for Income Taxes	0	0	0	0
NET LOSS	($26,658)	($44,226)	($83,166)	($144,963)
Net Loss Per Share - Basic and Diluted (in dollars per share)	$0	$0	$0	$0
Weighted average number of shares outstanding during the year - Basic and Diluted (in shares)	161,124,318	161,124,318	161,124,318	161,124,318

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Stockholders' Equity (Deficiency) (USD $)	Total	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]
Balance at Mar. 31, 2014	($106,644)	$0	$16,112	$259,442	($382,198)
Balance (in shares) at Mar. 31, 2014		0	161,124,318
In kind contribution of services and interest	9,685	0	0	9,685	0
Contributed capital from former shareholders	101,799	0	0	101,799	0
Net loss, for the nine months ended December 31, 2014	-83,166	0	0	0	-83,166
Balance at Dec. 31, 2014	($78,326)	$0	$16,112	$370,926	($465,364)
Balance (in shares) at Dec. 31, 2014		0	161,124,318

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Cash Flows (USD $)	9 Months Ended
Condensed Consolidated Statements of Cash Flows (USD $)	Dec. 31, 2014	Dec. 31, 2013
Cash Flows From Operating Activities:
Net Loss	($83,166)	($144,963)
Adjustments to reconcile net loss to net cash used in operations
Depreciation	0	3,142
Bad debt expense	0	6,034
Impairment loss on photovoltaic system	0	36,708
In-kind contribution of services and interest	9,685	12,134
Gain on settlement of debt	-18,567	0
Changes in operating assets and liabilities:
Increase in accounts receivable	-27	-726
Increase (decrease) in accounts payable and accrued expenses	-41,363	85,888
Decrease in deferred Federal grant	-3,739	-3,739
Net Cash Used In Operating Activities	-137,177	-5,524
Cash Flows From Financing Activities:
Proceeds from note payable	15,363	0
Proceeds from note payable - related party	20,000	0
Contributed capital from former shareholders	101,799	0
Net Cash Provided by Financing Activities	137,162	0
Net Decrease in Cash	-15	-5,524
Cash at Beginning of Period	160	7,271
Cash at End of Period	145	1,747
Supplemental disclosure of cash flow information:
Cash paid for interest	0	0
Cash paid for taxes	$0	$0

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND ORGANIZATION

9 Months Ended

Dec. 31, 2014

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies [Text Block]

NOTE 1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND ORGANIZATION

(A) Basis of Presentation

The accompanying condensed consolidated unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules and regulations of the Securities and Exchange Commission for interim financial information. Accordingly, they do not include all the information necessary for a comprehensive presentation of financial position and results of operations.

It is management’s opinion that all material adjustments (consisting of normal recurring adjustments) have been made, which are necessary for a fair financial statements presentation. The results for the interim period are not necessarily indicative of the results to be expected for the year.

The company was incorporated as NC Solar, Inc., (the “Company”) under the laws of the State of Nevada on December 9, 2010 to develop solar energy collection farms on commercial and/or industrial buildings located on distressed, blighted and/or underutilized commercial land in North Carolina and other southern states of the U.S. Renewable energy collected by these farms will be sold directly to local utility companies for resale to their customers.

Stoneville Solar, LLC. was incorporated under the laws of the State of North Carolina on December 14, 2010.

Effective August 5, 2014, the Company filed an Amendment of Articles of Incorporation with the State of Nevada to change the name from NC Solar, Inc. to Aqua Power Systems Inc.

(B) Principles of Consolidation

The accompanying 2014 and 2013 condensed consolidated financial statements include the accounts of Aqua Power Systems Inc. (f/k/a NC Solar, Inc.) and its wholly owned subsidiary, Stoneville Solar, LLC (collectively, the “Company”). All intercompany accounts have been eliminated upon consolidation.

In preparing financial statements in conformity with generally accepted accounting principles, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the reported period. Significant estimates include valuation of in kind contribution of services, valuation of deferred tax assets, provision for allowance for doubtful accounts, and depreciable lives and impairment of equipment. Actual results could differ from those estimates.

(D) Cash and Cash Equivalents

The Company considers all highly liquid temporary cash investments with an original maturity of three months or less to be cash equivalents. At December 31, 2014 and March 31, 2014, the Company had no cash equivalents.

(E) Loss Per Share

Basic and diluted net loss per common share is computed based upon the weighted average common shares outstanding as defined by FASB ASC No. 260, “Earnings Per Share.” As of December 31, 2014 and 2013, there were no common share equivalents outstanding.

(F) Business Segments

The Company operates in one segment and therefore segment information is not presented.

(G) Revenue Recognition

The Company will recognize revenue on arrangements in accordance with FASB ASC No. 605, “Revenue Recognition”. In all cases, revenue is recognized only when the price is fixed and determinable, persuasive evidence of an arrangement exists, the service is performed and collectability of the resulting receivable is reasonably assured. The Company generates revenue from the sale of energy collected by the photovoltaic system as the revenue is earned. The Company recognizes Grant Income at the time it is earned and all grant provisions have been satisfied and the grants are non-refundable.

(H) Equipment

The Company values equipment at cost and depreciates these assets using the straight-line method over their expected useful life. The Company depreciates equipment over a five-year useful life.

In accordance with ASC No. 360, Property, Plant and Equipment, the Company carries long-lived assets at the lower of the carrying amount or fair value. Impairment is evaluated by estimating future undiscounted cash flows expected to result from the use of the asset and its eventual disposition. If the sum of the expected undiscounted future cash flow is less than the carrying amount of the assets, an impairment loss is recognized. Fair value, for purposes of calculating impairment, is measured based on estimated future cash flows, discounted at a market rate of interest.

During the nine months ended December 31, 2013, the Company determined that the equipment was fully impaired and recognized an impairment expense of $36,708.

There were no impairment losses recorded during the nine months ended December 31, 2014.

(I) Concentration of Credit Risk

At December 31, 2014 and March 31, 2014, accounts receivable of $388 and $361, respectively, consisted of two main types of receivables; receivables from local utility company for energy resale and energy rebate from the State of North Carolina.

Following represents revenue concentrations for the three and nine months ended December 31, 2014 and 2013:

Three months ended

Nine months ended

Customer

December 31, 2014

December 31, 2013

December 31, 2014

December 31, 2013

Following represents accounts receivable concentrations as of September 30, 2014 and March 31, 2014:

Customer

December 31, 2014

March 31, 2014

(J) Recent Accounting Pronouncements

In June 2014, FASB 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”. The update removes all incremental financial reporting requirements from GAAP for development stage entities, including the removal of Topic 915 from the FASB Accounting Standards Codification. In addition, the update adds an example disclosure in Risks and Uncertainties (Topic 275) to illustrate one way that an entity that has not begun planned principal operations could provide information about the risks and uncertainties related to the company’s current activities. Furthermore, the update removes an exception provided to development stage entities in Consolidations (Topic 810) for determining whether an entity is a variable interest entity-which may change the consolidation analysis, consolidation decision, and disclosure requirements for a company that has an interest in a company in the development stage. The update is effective for the annual reporting periods beginning after December 15, 2014, including interim periods therein. Early application with the first annual reporting period or interim period for which the entity’s financial statements have not yet been issued (Public business entities) or made available for issuance (other entities). The Company adopted this pronouncement for the nine months ended December 31, 2014.

In June 2014, FASB issued Accounting Standards Update (“ASU”) No. 2014-12, “Compensation – Stock Compensation (Topic 718); Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period”. The amendments in this ASU apply to all reporting entities that grant their employees share-based payments in which the terms of the award provide that a performance target that affects vesting could be achieved after the requisite service period. The amendments require that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. A reporting entity should apply existing guidance in Topic 718 as it relates to awards with performance conditions that affect vesting to account for such awards. For all entities, the amendments in this ASU are effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. Earlier adoption is permitted. Entities may apply the amendments in this ASU either (a) prospectively to all awards granted or modified after the effective date or (b) retrospectively to all awards with performance targets that are outstanding as of the beginning of the earliest annual period presented in the financial statements and to all new or modified awards thereafter. If retrospective transition is adopted, the cumulative effect of applying this Update as of the beginning of the earliest annual period presented in the financial statements should be recognized as an adjustment to the opening retained earnings balance at that date. Additionally, if retrospective transition is adopted, an entity may use hindsight in measuring and recognizing the compensation cost. This updated guidance is not expected to have a material impact on our results of operations, cash flows or financial condition. We are currently reviewing the provisions of this ASU to determine if there will be any impact on our results of operations, cash flows or financial condition.

In August 2014, the FASB issued Accounting Standards Update “ASU” 2014-15 on “Presentation of Financial Statements Going Concern (Subtopic 205-40) – Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern”. Currently, there is no guidance in U.S. GAAP about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern or to provide related footnote disclosures. The amendments in this Update provide that guidance. In doing so, the amendments are intended to reduce diversity in the timing and content of footnote disclosures. The amendments require management to assess an entity’s ability to continue as a going concern by incorporating and expanding upon certain principles that are currently in U.S. auditing standards. Specifically, the amendments (1) provide a definition of the term substantial doubt, (2) require an evaluation every reporting period including interim periods, (3) provide principles for considering the mitigating effect of management’s plans, (4) require certain disclosures when substantial doubt is alleviated as a result of consideration of management’s plans, (5) require an express statement and other disclosures when substantial doubt is not alleviated, and (6) require an assessment for a period of one year after the date that the financial statements are issued (or available to be issued). We are currently reviewing the provisions of this ASU to determine if there will be any impact on our results of operations, cash flows or financial condition.

All other newly issued accounting pronouncements but not yet effective have been deemed either immaterial or not applicable.

ACCOUNTS_RECEIVABLE

ACCOUNTS RECEIVABLE	9 Months Ended
ACCOUNTS RECEIVABLE	Dec. 31, 2014
Receivables [Abstract]
Financing Receivables [Text Block]	NOTE 2	ACCOUNTS RECEIVABLE

	At December 31, 2014 and March 31, 2014, the Company had the following accounts receivable:

			December 31,		March 31,
			2014		2014
			Unaudited

	Accounts receivable		$	388	$	361
	Less: Allowance for doubtful Accounts			-		-
	Accounts receivable, net		$	388	$	361

EQUIPMENT

EQUIPMENT	9 Months Ended
EQUIPMENT	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	NOTE 3	EQUIPMENT

	At December 31, 2014 and March 31, 2014, equipment consisted of the following:

			December 31,		March 31,
			2014		2014
			Unaudited

	Equipment		$	25,610	$	25,610
	Less: Accumulated depreciation			-25,610		-25,610
	Total equipment, net		$	-	$	-

	Depreciation and amortization expense for the nine months ended December 31, 2014 and 2013 was $0 and $3,142 respectively.

NOTE_RECEIVABLE

NOTE RECEIVABLE	9 Months Ended
	Dec. 31, 2014
Notes, Loans and Financing Receivable, Net, Current [Abstract]
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	NOTE 4	NOTE RECEIVABLE

	On November 13, 2012, the Company received a promissory note from Alternative Energy and Environmental Solutions, Inc. (the “Borrower”) in exchange for $6,034. The note was non-interest bearing and due on demand. As of December 31, 2014, the note has been fully reserved.

NOTES_PAYABLE

NOTES PAYABLE	9 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	NOTE 5	NOTES PAYABLE

	(A) Note Payable

	On November 10, 2014 and December 22, 2014, the Company issued an unsecured promissory note in the amount of $9,113 and $2,050, respectively, to an unrelated party. Pursuant to the terms of the note, the note is bearing 10% interest, and is due on the earlier of December 31, 2014 or within 10 business days upon the closing of any definitive agreement. The Company is currently in default of this note and expects to make the necessary payments whenever the Company is able to make such payment. During the nine months ended December 31, 2014 the Company recorded $138 in accrued interest.

	During the eleven months ended March 31, 2014, the Company issued an unsecured promissory note in the amount of $8,000 to an unrelated party. Pursuant to the terms of the note, the note is non-interest bearing and is due on demand. On June 19, 2014, the note holder forgave the promissory note and the amount was recorded as a gain on settlement of debt (See Note 9).

	On August 1, 2014, the Company issued an unsecured promissory note in the amount of $3,000 to an unrelated party. Pursuant to the terms of the note, the note is non-interest bearing and is due on the earlier of December 31, 2014 or within 10 business days upon the closing of any definitive agreement. The Company is currently in default of this note and expects to make the necessary payments whenever the Company is able to make such payment (See Note 6(c)).

	(B) Note Payable - Related Party

	On June 6, 2014, the Company issued an unsecured promissory note in the amount of $3,500 to a related party. Pursuant to the terms of the note, the note is non-interest bearing and is due on the earlier of December 31, 2014 or within 10 business days upon the closing of any definitive agreement (See Note 8). The Company is currently in default of this note and expects to make the necessary payments whenever the Company is able to make such payment (See Note 6(c)).

	On July 4, 2014, the Company issued an unsecured promissory note in the amount of $2,500 to a related party. Pursuant to the terms of the note, the note is non-interest bearing and is due on the earlier of December 31, 2014 or within 10 business days upon the closing of any definitive agreement (See Note 8). The Company is currently in default of this note and expects to make the necessary payments whenever the Company is able to make such payment (See Note 6(c)).

	On August 11, 2014, the Company issued an unsecured promissory note in the amount of $14,000 to a related party. Pursuant to the terms of the note, the note is non-interest bearing and is due on the earlier of December 31, 2014 or within 10 business days upon the closing of any definitive agreement (See Note 8). The Company is currently in default of this note and expects to make the necessary payments whenever the Company is able to make such payment (See Note 6(c)).

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY	9 Months Ended
	Dec. 31, 2014
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	NOTE 6	STOCKHOLDERS’ EQUITY

	(A) Preferred Stock

	The Company was incorporated on December 9, 2010. The Company is authorized to issue 10,000,000 shares of preferred stock with a par value of $0.0001 per share. Preferred stock may be issued in one or more series. As of December 31, 2014 and March 31, 2014, no preferred shares are issued and outstanding. Rights and preferences are to be determined by the board of directors.

	(B) Common Stock Issued for Cash

	The Company is authorized to issue 200,000,000 shares of common stock with a par value of $0.0001 per share.

	(C) In-Kind Contribution

	For the nine months ended December 31, 2014, shareholders of the Company contributed services having a fair value of $8,868 (See Note 8).

	For the nine months ended December 31, 2014, the Company recorded an in-kind contribution of interest having a fair value of $817.

	(D) Amendment to Articles of Incorporation

	On August 5, 2014, the Company filed an Amendment of Articles of Incorporation with the State of Nevada to change the name from NC Solar, Inc. to Aqua Power Systems Inc. and to increase its authorized number of shares of common stock from 100,000,000 shares to 200,000,000 shares at a par value of $0.0001 per share.

	(E) Expenses Paid on the Company’s Behalf

	During the nine months ended December 31, 2014, former shareholders of the Company paid accounts payable and expenses on behalf of the Company totaling $101,799 which was recorded as contributed capital (See Note 8).

	(F) Stock Split

	On August 12, 2014, a forward stock split on a basis of 1 for 18 was declared effective for stockholders of record. Per share and weighted average amounts have been retroactively restated in the accompanying financial statements and related notes to reflect this stock split.

COMMITMENTS

COMMITMENTS	9 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Commitments Disclosure [Text Block]	NOTE 7	COMMITMENTS

	(A) Consulting Agreements

	On August 1, 2011 the Company entered into a consulting agreement to receive administrative and other miscellaneous services. The Company is required to pay $5,000 a month. The agreement is to remain in effect unless either party desires to cancel the agreement. The agreement was terminated effective June 19, 2014.

	(B) Operating Lease Agreements

	On August 11, 2011, the Company executed a one-year non-cancelable operating lease for a place to locate its photovoltaic equipment. The lease began on April 1, 2011 and expired on April 1, 2012. The Company currently leases the location on a month-to-month basis at a rate of $2 per month.

	(C) Energy Agreements

	On February 21, 2011, the Company entered into a service agreement with Duke Energy Carolinas, LLC. Effective, February 14, 2011 the Company agrees to produce and sell to Duke Energy electric power. The term of this agreement is five years, and continuing thereafter until terminated by either party upon giving ninety days written notice of termination. The Company will deliver to Duke Energy throughout the term of the agreement approximately 9 kilowatts of energy during On-Peak periods.

	On February 3, 2011, the Company was selected to participate as solar energy supplier to the NC GreenPower program. As a result, NC GreenPower agrees to provide a premium of $0.15 per kWh for energy generated and supplied to the electric grid. NC GreenPower agrees to provide this premium for up to 14,309 kWh per year. This is a five year agreement.

RELATED_PARTY_TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Dec. 31, 2014
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	NOTE 8	RELATED PARTY TRANSACTIONS

	On June 6, 2014, the Company issued an unsecured promissory note in the amount of $3,500 to a related party. Pursuant to the terms of the note, the note is non-interest bearing and is due on the earlier of December 31, 2014 or within 10 business days upon the closing of any definitive agreement (See Note 5(B)). The Company is currently in default of this note and expects to make the necessary payments whenever the Company is able to make such payment

	On July 4, 2014, the Company issued an unsecured promissory note in the amount of $2,500 to a related party. Pursuant to the terms of the note, the note is non-interest bearing and is due on the earlier of December 31, 2014 or within 10 business days upon the closing of any definitive agreement (See Note 5(B)). The Company is currently in default of this note and expects to make the necessary payments whenever the Company is able to make such payment

	On August 11, 2014, the Company issued an unsecured promissory note in the amount of $14,000 to a related party. Pursuant to the terms of the note, the note is non-interest bearing and is due on the earlier of December 31, 2014 or within 10 business days upon the closing of any definitive agreement (See Note 5(B)). The Company is currently in default of this note and expects to make the necessary payments whenever the Company is able to make such payment

	During the nine months ended December 31, 2014, the former shareholders of the Company paid accounts payable and expenses on behalf of the Company totaling $101,799 which was recorded as a contribution of capital (See Note 6 (E)).

	For the nine months ended December 31, 2014, shareholders of the Company contributed services having a fair value of $8,868 (See Note 6(C)).

OTHER_INCOME

OTHER INCOME	9 Months Ended
	Dec. 31, 2014
Other Income and Expenses [Abstract]
Interest and Other Income [Text Block]	NOTE 9	OTHER INCOME

	In June 2012, the Company was awarded a grant in the amount $18,695 under the American Recovery and Reinvestment Act of 2009 for the photovoltaic system placed into service. The grant requires the Company to keep the system in place for 5 years and file annual usage reports. If the Company fails to maintain the system or fails to file the annual report, the grant is refundable to the Internal Revenue Service at a prorated amount over 5 years. The amount was recorded as a deferred Federal grant and will be recognized over 5 years on the anniversary date of the award. As of December 31, 2014, the Company has a deferred Federal grant of $7,478.

	During the nine months ended December 31, 2014, the unsecured promissory note in the amount of $8,000 was forgiven by the note holder. The amount was recorded as a gain on settlement of debt (See Note 5(A)).

	During the nine months ended December 31, 2014, the accounts payable balance was forgiven by an unrelated party in the amount of $10,567. The amount was recorded as a gain on settlement of debt.

GOING_CONCERN

GOING CONCERN	9 Months Ended
	Dec. 31, 2014
Going Concern [Abstract]
Going Concern [Text Block]	NOTE 10	GOING CONCERN

	As reflected in the accompanying financial statements, the Company has a negative working capital and stockholder’s deficit of $78,326 as of December 31, 2014, used cash in operations of $137,177 and has a net loss of $83,166 for the nine months ended December 31, 2014. This raises substantial doubt about its ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company’s ability to raise additional capital and implement its business plan. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

	Management believes that actions presently being taken to obtain additional funding and implement its strategic plans provide the opportunity for the Company to continue as a going concern.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND ORGANIZATION (Policies)

9 Months Ended

Dec. 31, 2014

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis of Accounting, Policy [Policy Text Block]

(A) Basis of Presentation

Stoneville Solar, LLC. was incorporated under the laws of the State of North Carolina on December 14, 2010.

Effective August 5, 2014, the Company filed an Amendment of Articles of Incorporation with the State of Nevada to change the name from NC Solar, Inc. to Aqua Power Systems Inc.

Consolidation, Policy [Policy Text Block]

(B) Principles of Consolidation

Use of Estimates, Policy [Policy Text Block]

Cash and Cash Equivalents, Policy [Policy Text Block]

(D) Cash and Cash Equivalents

Earnings Per Share, Policy [Policy Text Block]

(E) Loss Per Share

Segment Reporting, Policy [Policy Text Block]

(F) Business Segments

The Company operates in one segment and therefore segment information is not presented.

Revenue Recognition, Policy [Policy Text Block]

(G) Revenue Recognition

Property, Plant and Equipment, Policy [Policy Text Block]

(H) Equipment

The Company values equipment at cost and depreciates these assets using the straight-line method over their expected useful life. The Company depreciates equipment over a five-year useful life.

During the nine months ended December 31, 2013, the Company determined that the equipment was fully impaired and recognized an impairment expense of $36,708.

There were no impairment losses recorded during the nine months ended December 31, 2014.

Concentration Risk, Credit Risk, Policy [Policy Text Block]

(I) Concentration of Credit Risk

Following represents revenue concentrations for the three and nine months ended December 31, 2014 and 2013:

Three months ended

Nine months ended

Customer

December 31, 2014

December 31, 2013

December 31, 2014

December 31, 2013

Following represents accounts receivable concentrations as of September 30, 2014 and March 31, 2014:

Customer

December 31, 2014

March 31, 2014

New Accounting Pronouncements, Policy [Policy Text Block]

(J) Recent Accounting Pronouncements

All other newly issued accounting pronouncements but not yet effective have been deemed either immaterial or not applicable.

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND ORGANIZATION (Tables)	9 Months Ended
	Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedules of Concentration of Risk, by Risk Factor [Table Text Block]	Following represents revenue concentrations for the three and nine months ended December 31, 2014 and 2013:

		Three months ended						Nine months ended
	Customer	December 31, 2014			December 31, 2013			December 31, 2014			December 31, 2013
	A		91	%		88	%		81	%		75	%
	B		9	%		12	%		19	%		25	%

	Following represents accounts receivable concentrations as of September 30, 2014 and March 31, 2014:

	Customer	December 31, 2014			March 31, 2014
	A		96	%		94	%
	B		4	%		6	%

ACCOUNTS_RECEIVABLE_Tables

ACCOUNTS RECEIVABLE (Tables)	9 Months Ended
ACCOUNTS RECEIVABLE (Tables)	Dec. 31, 2014
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	At December 31, 2014 and March 31, 2014, the Company had the following accounts receivable:

		December 31,		March 31,
		2014		2014
		Unaudited

	Accounts receivable	$	388	$	361
	Less: Allowance for doubtful Accounts		-		-
	Accounts receivable, net	$	388	$	361

EQUIPMENT_Tables

EQUIPMENT (Tables)	9 Months Ended
EQUIPMENT (Tables)	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	At December 31, 2014 and March 31, 2014, equipment consisted of the following:

		December 31,		March 31,
		2014		2014
		Unaudited

	Equipment	$	25,610	$	25,610
	Less: Accumulated depreciation		-25,610		-25,610
	Total equipment, net	$	-	$	-

SUMMARY_OF_SIGNIFICANT_ACCOUNT3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND ORGANIZATION (Details)	3 Months Ended		9 Months Ended		12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Mar. 31, 2014
Customer A [Member] \| Sales Revenue, Net [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	91.00%	88.00%	81.00%	75.00%
Customer A [Member] \| Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage			96.00%		94.00%
Customer B [Member] \| Sales Revenue, Net [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	9.00%	12.00%	19.00%	25.00%
Customer B [Member] \| Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage			4.00%		6.00%

SUMMARY_OF_SIGNIFICANT_ACCOUNT4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND ORGANIZATION (Details Textual) (USD $)	9 Months Ended
	Dec. 31, 2013	Dec. 31, 2014	Mar. 31, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND ORGANIZATION [Line Items]
Asset Impairment Charges	$36,708
Accounts Receivable, Net, Current		388	$361
Equipment [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND ORGANIZATION [Line Items]
Property, Plant and Equipment, Useful Life		5 years

ACCOUNTS_RECEIVABLE_Details

ACCOUNTS RECEIVABLE (Details) (USD $)	Dec. 31, 2014	Mar. 31, 2014
Accounts receivable	$388	$361
Less: Allowance for doubtful Accounts	0	0
Accounts receivable, net	$388	$361

EQUIPMENT_Details

EQUIPMENT (Details) (USD $)	Dec. 31, 2014	Mar. 31, 2014
Property, Plant and Equipment [Line Items]
Equipment	$25,610	$25,610
Less: Accumulated depreciation	-25,610	-25,610
Total equipment, net	$0	$0

EQUIPMENT_Details_Textual

EQUIPMENT (Details Textual) (USD $)	9 Months Ended
EQUIPMENT (Details Textual) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Depreciation, Depletion and Amortization	$0	$3,142

NOTE_RECEIVABLE_Details_Textua

NOTE RECEIVABLE (Details Textual) (USD $)	Nov. 13, 2012
Notes Receivable, Related Parties, Current	$6,034

NOTES_PAYABLE_Details_Textual

NOTES PAYABLE (Details Textual) (USD $)	Dec. 31, 2014	Dec. 22, 2014	Nov. 10, 2014	Aug. 11, 2014	Aug. 01, 2014	Jul. 04, 2014	Jun. 06, 2014	Mar. 31, 2014
Debt Instrument [Line Items]
Other Notes Payable, Current	$14,163	$2,050	$9,113		$3,000			$8,000
Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate	10.00%
Interest Payable, Current	138
Notes Payable, Related Parties, Current	$20,000			$14,000		$2,500	$3,500	$0

STOCKHOLDERS_EQUITY_Details_Te

STOCKHOLDERS' EQUITY (Details Textual) (USD $)	9 Months Ended
STOCKHOLDERS' EQUITY (Details Textual) (USD $)	Dec. 31, 2014	Aug. 05, 2014	Mar. 31, 2014
Class of Stock [Line Items]
Preferred Stock, Shares Authorized	10,000,000		10,000,000
Preferred Stock, Par or Stated Value Per Share	$0.00		$0.00
Preferred Stock, Shares Issued	0		0
Preferred Stock, Shares Outstanding	0		0
Common Stock, Shares Authorized	200,000,000	200,000,000	200,000,000
Common Stock, Par or Stated Value Per Share	$0.00	$0.00	$0.00
Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition	$9,685
Adjustments to Additional Paid in Capital, Other	101,799
NC Solar, Inc. [Member]
Class of Stock [Line Items]
Common Stock, Shares Authorized			100,000,000
In-Kind Contribution Interest [Member]
Class of Stock [Line Items]
Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition	817
In-Kind Contribution Services [Member]
Class of Stock [Line Items]
Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition	$8,868

COMMITMENTS_Details_Textual

COMMITMENTS (Details Textual) (USD $)	0 Months Ended
COMMITMENTS (Details Textual) (USD $)	Aug. 11, 2011	Feb. 03, 2011	Aug. 01, 2014	Feb. 14, 2011
Commitments [Line Items]
Monthly Payments for Consulting Agreement			$5,000
Month to Month Current Lease Rate	$2
Lease Expiration Date	1-Apr-12
Duke Energy Electric Power [Member]
Commitments [Line Items]
Kilowatts of Energy Agrees to Deliver on Peak Periods				9
NC Green Power Program [Member]
Commitments [Line Items]
Premium for Energy Generated and Supplied to Electric Grid		0.15
Kilowatts of Energy Agrees to Provides Premium Per Year		14,309
Agreement Expiration Term		5 years

RELATED_PARTY_TRANSACTIONS_Det

RELATED PARTY TRANSACTIONS (Details Textual) (USD $)	9 Months Ended
RELATED PARTY TRANSACTIONS (Details Textual) (USD $)	Dec. 31, 2014	Aug. 11, 2014	Jul. 04, 2014	Jun. 06, 2014	Mar. 31, 2014
Related Party Transaction [Line Items]
Notes Payable, Related Parties, Current	$20,000	$14,000	$2,500	$3,500	$0
Adjustments to Additional Paid in Capital, Other	101,799
Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition	9,685
In-Kind Contribution Services [Member]
Related Party Transaction [Line Items]
Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition	$8,868

OTHER_INCOME_Details_Textual

OTHER INCOME (Details Textual) (USD $)	1 Months Ended	9 Months Ended
OTHER INCOME (Details Textual) (USD $)	Jun. 30, 2012	Dec. 31, 2014	Mar. 31, 2014
Other Income [Line Items]
Revenue from Grants	$18,695
Deferred Revenue, Current		7,478	11,217
Debt Instrument, Decrease, Forgiveness		8,000
Accounts Payable Balance Forgiveness by Non Related Party		$10,567

GOING_CONCERN_Details_Textual

GOING CONCERN (Details Textual) (USD $)	3 Months Ended		9 Months Ended
GOING CONCERN (Details Textual) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Mar. 31, 2014
Going Concern [Line Items]
Working Capital	$78,326		$78,326
Stockholders' Equity Attributable to Parent	-78,326		-78,326		-106,644
Net Cash Provided by (Used in) Operating Activities, Continuing Operations			-137,177	-5,524
Net loss	($26,658)	($44,226)	($83,166)	($144,963)