South Beach Spirits (SBES) 10-Q 9 May 14 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Aug. 31, 2013
Document and Entity Information	'
Entity Registrant Name	'CME Realty Inc.
Document Type	'10-Q
Document Period End Date	31-Aug-13
Amendment Flag	'false
Entity Central Index Key	'0001572840
Current Fiscal Year End Date	'--02-28
Entity Common Stock, Shares Outstanding	10,000,000
Entity Filer Category	'Smaller Reporting Company
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

Condensed_Balance_Sheets_unaud

Condensed Balance Sheets (unaudited) (USD $)	Aug. 31, 2013	Feb. 28, 2013
Current assets	'	'
Cash	$1,068	$5,000
Total current assets	1,068	5,000
Total assets	1,068	5,000
Current liabilities	'	'
Accounts payable and accrued liabilities	3,500	3,250
Due to related party	5,060	306
Total current liabilities	8,560	3,556
Total liabilities	8,560	3,556
Stockholders' equity (deficit)	'	'
Common stock value	10,000	10,000
Additional paid-in capital	'	'
Deficit accumulated during the development stage	17,492	8,556
Total stockholders' equity (deficit)	-7,492	1,444
Total liabilities and stockholders' equity (deficit)	$1,068	$5,000

Balance_Sheets_Parenthetical

Balance Sheets (Parenthetical) (USD $)	Aug. 31, 2013	Feb. 28, 2013
Balance Sheet	'	'
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	75,000,000	75,000,000
Common stock, shares issued	10,000,000	10,000,000
Common stock, shares outstanding	10,000,000	10,000,000

Condensed_Statements_of_Operat

Condensed Statements of Operations (unaudited) (USD $)	3 Months Ended	6 Months Ended	13 Months Ended
	Aug. 31, 2013	Aug. 31, 2013	Aug. 31, 2013
Income Statement	'	'	'
Revenue	'	'	'
Expenses	'	'	'
General and administrative	184	286	592
Professional fees	2,040	8,650	16,900
Total expenses	2,224	8,936	17,492
Net loss	-2,224	-8,936	-17,492
Provision for income tax	'	'	'
Net loss, after provision for income tax	($2,224)	($8,936)	($17,492)
Basic and diluted loss per common share	$0	$0	'
Weighted average number of common shares outstanding	10,000,000	10,000,000	'

Condensed_Statements_of_Stockh

Condensed Statements of Stockholders' Equity (Deficit) (USD $)	Common Stock	Deficit Accumulated During the Development Stage	Total
Beginning Balance, amount at Aug. 09, 2012	'	'	'
Founder's shares issued for cash, shares	5,000,000	'	5,000,000
Founder's shares issued for cash, value	$5,000	'	$5,000
Shares issued for services, shares	5,000,000	'	5,000,000
Shares issued for services, value	5,000	'	5,000
Net loss for the period	'	-8,556	-8,556
Ending Balance, amount at Feb. 28, 2013	10,000	-8,556	1,444
Ending Balance, shares at Feb. 28, 2013	10,000,000	'	'
Net loss for the period	'	-8,936	-8,936
Ending Balance, amount at Aug. 31, 2013	$10,000	($17,492)	($7,492)
Ending Balance, shares at Aug. 31, 2013	10,000,000	'	'

Condensed_Statements_of_Cash_F

Condensed Statements of Cash Flows (unaudited) (USD $)	6 Months Ended	13 Months Ended
	Aug. 31, 2013	Aug. 31, 2013
Cash flows from operating activities	'	'
Net Loss	($8,936)	($17,492)
Adjustments to reconcile net loss to net cash used in operating activities:	'	'
Increase (decrease) in accounts payable and accrued expenses	250	2,500
Expenses paid on behalf of the Company by related party	-306	'
Shares issued for services	'	5,000
Net cash used in operating activities	-8,992	-8,992
Cash flows from financing activities	'	'
Proceeds from sale of common stock	'	5,000
Loans from shareholders	5,500	5,500
Repayment of loans to shareholders	440	440
Net cash provided by financing activities	5,060	10,060
Net increase (decrease) in cash	-3,932	1,068
Cash, beginning of period	5,000	'
Cash, end of period	1,068	1,068
Supplemental disclosures of cash flow information:	'	'
Common stock issued for services	'	$5,000

Nature_of_Operations_and_Basis

Nature of Operations and Basis of Presentation	3 Months Ended
	Aug. 31, 2013
Notes	'
Nature of Operations and Basis of Presentation	'
	NOTE 1 - NATURE OF OPERATIONS AND BASIS OF PRESENTATION
	CME Realty, Inc. was formed in the state of Nevada on August 10, 2012 and its year-end is February 28.  We are a development stage company with a principle business of real estate services for the residential market.  We plan to hire a team of professionals that will individually specialize in each of our services.  The services we initially plan to offer include listing and sales of residential properties, short sales and foreclosures.  Our goal is to become a partner with our clients in the decision making process. We plan to provide all our professionals with the latest market knowledge utilizing demographic and mapping technology and micro and macro real estate statistics.
	Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted.  It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Company’s February 28, 2013 audited financial statements.  The results of operations for the period ended August 31, 2013 are not necessarily indicative of the operating results for the full year.
	In the opinion of management, all adjustments consisting of normal recurring entries necessary for a fair statement of the periods presented for: (a) the financial position; (b) the result of operations; and (c) cash flows, have been made in order to make the financial statements presented not misleading. The results of operations for such interim periods are not necessarily indicative of operations for a full year.

Going_Concern

Going Concern	3 Months Ended
	Aug. 31, 2013
Notes	'
Going Concern	'
	NOTE 2 - GOING CONCERN
	The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. For the period ended August 31, 2013, the Company had no operations. As of August 31, 2013 the Company had not emerged from the development stage. In view of these matters, the Company’s ability to continue as a going concern is dependent upon the Company’s ability to begin operations and to achieve a level of profitability. The Company intends on financing its future development activities and its working capital needs largely from the sale of public equity securities with some additional funding from other traditional financing sources, including term notes until such time that funds provided by operations are sufficient to fund working capital requirements. The financial statements of the Company do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classifications of liabilities that might be necessary should the Company be unable to continue as a going concern.
	The sole officer/director has agreed to advance funds to the Company to meet its obligations at his discretion.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	3 Months Ended
	Aug. 31, 2013
Notes	'
Summary of Significant Accounting Policies	'
	NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Basis of Presentation
	The financial statements present the balance sheet, statement of operations, stockholders' equity (deficit) and cash flows of the Company. These financial statements are presented in United States dollars and have been prepared in accordance with accounting principles generally accepted in the United States.
	Cash and Cash Equivalents
	For the 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 equivalent.  At August 31, 2013 and February 28, 2013, the Company had $1,068 and $5,000 in cash, respectively.
	Advertising
	Advertising costs are expensed as incurred.  As of August 31, 2013 no advertising costs have been incurred.
	Property
	The Company does not own or rent any property.  The office space is provided by the CEO at no charge.
	Net Loss per Share
	Basic loss per share includes no dilution and is computed by dividing loss available to common stockholders by the weighted average number of common shares outstanding for the period.  Dilutive loss per share reflects the potential dilution of securities that could share in the losses of the Company.  Because the Company does not have any potentially dilutive securities, the accompanying presentation is only of basic loss per share.
	Recent Accounting Pronouncements
	The company has evaluated all the recent accounting pronouncements and believes that none of them will have a material effect on the company’s financial statement.
	Fair Value of Financial Instruments
	The Company has determined the estimated fair value of financial instruments using available market information and appropriate valuation methodologies.  The fair value of financial instruments classified as current assets or liabilities approximate their carrying value due to the short-term maturity of the instruments.

Related_Party_Note

Related Party, Note	3 Months Ended
	Aug. 31, 2013
Notes	'
Related Party, Note	'
	NOTE 4 - RELATED PARTY
	As of August 31, 2013 and February 28, 2013, the President has loaned funds and paid expenses on behalf of the Company in the amount of $5,500 and $306, respectively. As of August 31, 2013 reimbursements totaling $746 had been made for net loans due of $5,060.  The loans are payable on demand and carry no interest.

Capital_Stock_Note

Capital Stock, Note	3 Months Ended
	Aug. 31, 2013
Notes	'
Capital Stock, Note	'
	NOTE 5 - CAPITAL STOCK
	The Company is authorized to issue an aggregate of 75,000,000 common shares with a par value of $0.001 per share.  No preferred shares have been authorized or issued.  At both August 31, 2013 and February 28, 2013, 10,000,000 common shares are issued and outstanding.
	On February 21, 2013, the Company issued 5,000,000 Founder’s shares at $0.001 per share (par value) for total cash of $5,000.
	On February 25, 2013, the Company issued 5,000,000 shares for services provided since inception.  These shares were issued at par value ($0.001 per share) for services valued at $5,000.
	As of August 31, 2013, there are no warrants or options outstanding to acquire any additional shares of common stock of the Company.

Subsequent_Events

Subsequent Events	3 Months Ended
	Aug. 31, 2013
Notes	'
Subsequent Events	'
	NOTE 6 SUBSEQUENT EVENTS
	Management has evaluated subsequent events through May 7, 2014 the date the financial statements were available to be issued. Management is not aware of any significant events that occurred subsequent to the balance sheet date that would have a material effect on the financial statements thereby requiring adjustment or disclosure.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies: Basis of Presentation (Policies)	3 Months Ended
	Aug. 31, 2013
Policies	'
Basis of Presentation	'
	Basis of Presentation
	The financial statements present the balance sheet, statement of operations, stockholders' equity (deficit) and cash flows of the Company. These financial statements are presented in United States dollars and have been prepared in accordance with accounting principles generally accepted in the United States.

Summary_of_Significant_Account2

Summary of Significant Accounting Policies: Cash and Cash Equivalents, Policy (Policies)	3 Months Ended
	Aug. 31, 2013
Policies	'
Cash and Cash Equivalents, Policy	'
	Cash and Cash Equivalents
	For the 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 equivalent.  At August 31, 2013 and February 28, 2013, the Company had $1,068 and $5,000 in cash, respectively.

Summary_of_Significant_Account3

Summary of Significant Accounting Policies: Advertising, Policy (Policies)	3 Months Ended
	Aug. 31, 2013
Policies	'
Advertising, Policy	'
	Advertising
	Advertising costs are expensed as incurred.  As of August 31, 2013 no advertising costs have been incurred.

Summary_of_Significant_Account4

Summary of Significant Accounting Policies: Property, Policy (Policies)	3 Months Ended
	Aug. 31, 2013
Policies	'
Property, Policy	'
	Property
	The Company does not own or rent any property.  The office space is provided by the CEO at no charge.

Summary_of_Significant_Account5

Summary of Significant Accounting Policies: Net Loss Per Share, Policy (Policies)	3 Months Ended
	Aug. 31, 2013
Policies	'
Net Loss Per Share, Policy	'
	Net Loss per Share
	Basic loss per share includes no dilution and is computed by dividing loss available to common stockholders by the weighted average number of common shares outstanding for the period.  Dilutive loss per share reflects the potential dilution of securities that could share in the losses of the Company.  Because the Company does not have any potentially dilutive securities, the accompanying presentation is only of basic loss per share.

Summary_of_Significant_Account6

Summary of Significant Accounting Policies: Recent Accounting Pronouncements (Policies)	3 Months Ended
	Aug. 31, 2013
Policies	'
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements
	The company has evaluated all the recent accounting pronouncements and believes that none of them will have a material effect on the company’s financial statement.

Summary_of_Significant_Account7

Summary of Significant Accounting Policies: Fair Value of Financial Instruments (Policies)	3 Months Ended
	Aug. 31, 2013
Policies	'
Fair Value of Financial Instruments	'
	Fair Value of Financial Instruments
	The Company has determined the estimated fair value of financial instruments using available market information and appropriate valuation methodologies.  The fair value of financial instruments classified as current assets or liabilities approximate their carrying value due to the short-term maturity of the instruments.

Summary_of_Significant_Account8

Summary of Significant Accounting Policies: Cash and Cash Equivalents, Policy (Details) (USD $)	Aug. 31, 2013	Feb. 28, 2013
Details	'	'
Cash and Cash Equivalents	$1,068	$5,000

Related_Party_Note_Details

Related Party, Note (Details) (USD $)	6 Months Ended	13 Months Ended
	Aug. 31, 2013	Aug. 31, 2013	Feb. 28, 2013
Details	'	'	'
Loans from related parties	$5,500	$5,500	'
Due to related parties	5,060	5,060	306
Repayments on loans	$746	'	'

Capital_Stock_Note_Details

Capital Stock, Note (Details) (USD $)	7 Months Ended
	Feb. 28, 2013	Aug. 31, 2013
Details	'	'
Common shares authorized from issuance	75,000,000	75,000,000
Common shares are issued and outstanding	10,000,000	10,000,000
Issuance of Founder's common stock	5,000,000	'
Proceeds from Founder's issuance	$5,000	'
Common stock issued for services	5,000,000	'
Value of stock issuance for services	$5,000	'