Delverton Resorts International 10-K 31 Mar 14 2013 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	8 Months Ended
	Dec. 31, 2013	Mar. 01, 2014
Document And Entity Information	'	'
Entity Registrant Name	'Delverton Resorts International Inc.	'
Entity Central Index Key	'0001579546	'
Document Type	'10-K	'
Document Period End Date	31-Dec-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?	'Yes	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Public Float	$0	'
Entity Common Stock, Shares Outstanding	'	6,500,000
Document Fiscal Period Focus	'FY	'
Document Fiscal Year Focus	'2013	'

Balance_Sheet

Balance Sheet (USD $)	Dec. 31, 2013
Current Assets	'
Cash	$550
Total Current Assets	550
LIABILITIES AND STOCKHOLDERS' EQUITY	'
Total Current Liabilities	0
Stockholders' Equity:	'
Preferred stock, $0.0001 par value, 20,000,000 shares authorized; 20,000,000 shares issued and outstanding as of December 31,2013	2,000
Common stock; $0.0001 par value, 100,000,000 shares authorized; 5,500,000 shares issued and outstanding as of December 31,2013	550
Additional paid-in capital	85,448
Deficit accumulated during the developmet stage	-87,448
Total Stockholders' Equity	550
Total Liabilities and Stockholders' Equity	$550

Balance_Sheet_Parenthetical

Balance Sheet (Parenthetical) (USD $)	Dec. 31, 2013
Statement of Financial Position [Abstract]	'
Preferred stock, par value	$0.00
Preferred stock, shares authorized	20,000,000
Preferred stock, shares issued	20,000,000
Preferred stock, shares outstanding	20,000,000
Common stock, par value	$0.00
Common stock, shares authorized	100,000,000
Common stock, shares issued	5,500,000
Common stock, shares outstanding	5,500,000

Statements_of_Operations

Statements of Operations (USD $)	8 Months Ended
	Dec. 31, 2013
Income Statement [Abstract]	'
Revenue	'
General & administrative expenses	85,448
Stock-based compensation	2,000
Total expense	87,448
Net loss	($87,448)
Loss per share - basic and diluted	$0
Weighted average shares - basic and diluted	3,131,000,000

Statement_of_Changes_in_Stockh

Statement of Changes in Stockholders' Equity (USD $)	Common Stock [Member]	Preferred Stock [Member]	Additional Paid-In Capital [Member]	Deficit Accumulated During the Development Stage [Member]	Total
Balance at Apr. 30, 2013	'	'	'	'	$0
Balance, shares at Apr. 30, 2013	'	'	'	'	'
Issuance of Common stock	2,500	'	'	'	2,500
Issuance of Common stock, Shares	25,000,000	'	'	'	'
Redemption of Common stock	-1,950	'	'	'	-1,950
Redemption of Common stock, Shares	-19,500,000	'	'	'	'
Issuance of Preferred stock	'	2,000	'	'	2,000
Issuance of Preferred stock, Shares	'	20,000,000	'	'	'
Net loss	'	'	'	-87,448	-87,448
Additional paid-in capital	'	'	85,448	'	85,448
Balance at Dec. 31, 2013	$550	$2,000	$85,448	($87,448)	$550
Balance, shares at Dec. 31, 2013	5,500,000	20,000,000	'	'	'

Statement_of_Cash_Flows

Statement of Cash Flows (USD $)	8 Months Ended
	Dec. 31, 2013
OPERATING ACTIVITIES:	'
Net loss	($87,448)
Adjustment to reconcile net income to net cash used in operating activities:	'
Stock-based compensation	2,000
Net cash used in operating activities	-85,448
FINANCING ACTIVITIES:	'
Proceeds from stockholders' additional contribution	85,448
Net cash provided by financing activities	85,448
Net increase in cash	0
Cash, beginning of period	550
Cash, end of period	$550

Nature_of_Operations_and_Summa

Nature of Operations and Summary of Significant Accounting Policies	8 Months Ended
	Dec. 31, 2013
Accounting Policies [Abstract]	'
Nature of Operations and Summary of Significant Accounting Policies	'
	NOTE 1 – NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	NATURE OF OPERATIONS
	Creekwalk Acquisition Corporation (“Creekwalk” or “the Company”) was incorporated on May 1, 2013 under the laws of the state of Delaware to engage in any lawful corporate undertaking, including, but not limited to, selected mergers and acquisitions. The Company has been in the developmental stage since inception and its operations to date have been limited to issuing shares to its original shareholders. The Company will attempt to locate and negotiate with a business entity for the combination of that target company with Creekwalk. The combination will normally take the form of a merger, stock-for-stock exchange or stock-for-assets exchange. In most instances the target company will wish to structure the business combination to be within the definition of a tax-free reorganization under Section 351 or Section 368 of the Internal Revenue Code of 1986, as amended. No assurances can be given that the Company will be successful in locating or negotiating with any target company. The Company has been formed to provide a method for a foreign or domestic private company to become a reporting company with a class of securities registered under the Securities Exchange Act of 1934.
	On September 6, 2013, the shareholders of the Corporation and the Board of Directors unanimously approved the change of the Company’s name to Delverton Resorts International, Inc. and filed such change with the State of Delaware.
	On September 25, 2013, the Registrant redeemed an aggregate of 19,500,000 of the then 20,000,000 shares of outstanding stock at a redemption price of $.0001 per share for an aggregate redemption price of $1,950.
	On September 25, 2013, Kirill Neklyudov was named as the President of the Company; Mark Canevari was named as the Vice President, General Manager; Nguyen Thi Uyen Linh was named as Secretary; and Anna Neklyudova was named as Treasurer of the Company.
	On September 26, 2013, the Registrant issued 5,000,000 shares of its common stock at $.0001 representing 90.9% of the total outstanding 5,500,000 shares of common stock.
	On October 29, 2013, the Registrant issued 20,000,000 shares of its Series A Preferred stock at $.0001 to Kirill Neklyudov representing 100% of the total outstanding 20,000,000 shares of preferred stock.
	BASIS OF PRESENTATION
	The summary of significant accounting policies presented below is designed to assist in understanding the Company’s financial statements. Such financial statements and accompanying notes are the representations of the Company’s management, who are responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the United States of America (“GAAP”) in all material respects, and have been consistently applied in preparing the accompanying financial statements.
	USE OF ESTIMATES
	The preparation of financial statements in conformity with GAAP 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 periods. Actual results could differ from those estimates.
	Cash and Cash Equivalents
	Cash and cash equivalents include cash on hand and on deposit at banking institutions as well as all highly liquid short-term investments with original maturities of 90 days or less. The Company has $550 in cash as of December 31, 2013.
	CONCENTRATION OF RISK
	Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash. The Company places its cash with high quality banking institutions. The Company did not have cash balances in excess of the Federal Deposit Insurance Corporation limit as of December 31, 2013.
	INCOME TAXES
	Under ASC 740, “Income Taxes”, deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Valuation allowances are established when it is more likely than not that some or all of the deferred tax assets will not be realized. As of December 31, 2013, there were no deferred taxes. Asset as a full valuation allowance was recorded due to the uncertainty of realization of net operating loss carry forwards prior to expiration.
	LOSS PER COMMON SHARE
	Basic loss per common share excludes dilution and is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted loss per common share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the entity. As of December 31, 2013, there are no outstanding dilutive securities.
	Fair Value of Financial Instruments
	The Company follows guidance for accounting for fair value measurements of financial assets and financial liabilities and for fair value measurements of nonfinancial items that are recognized or disclosed at fair value in the financial statements on a recurring basis. Additionally, the Company adopted guidance for fair value measurement related to nonfinancial items that are recognized and disclosed at fair value in the financial statements on a nonrecurring basis. The guidance establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows:
		●	Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date.
		●	Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly.
		●	Level 3 inputs are unobservable inputs for the asset or liability.
	The carrying amounts of financial assets such as cash approximate their fair values because of the short maturity of these instruments.

Going_Concern

Going Concern	8 Months Ended
	Dec. 31, 2013
Going Concern	'
Going Concern	'
	NOTE 2 - GOING CONCERN
	The Company is in the development stage and has no revenues or profits since its inception on May 1. As of December 31, 2013, the Company has an accumulated deficit of $87,448. The Company’s continuation as a going concern is dependent on its ability to generate sufficient cash flows from operations to meet its obligations and/or obtaining additional financing from its members or other sources, as may be required.
	These financial statements have been prepared on a going concern basis, which implies the Company will continue to meet its obligations and continue its operations for the next fiscal year. The continuation of the Company as a going concern is dependent upon financial support from its stockholders, the ability of the Company to obtain necessary equity financing to continue operations.
	There is no assurance that the Company will ever be profitable. The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result should the Company be unable to continue as a going concern.

Recent_Accounting_Pronouncemen

Recent Accounting Pronouncements	8 Months Ended
	Dec. 31, 2013
Accounting Changes and Error Corrections [Abstract]	'
Recent Accounting Pronouncements	'
	NOTE 3 - RECENT ACCOUNTING PRONOUNCEMENTS
	New Accounting Pronouncements Not Yet Adopted In July 2013, the FASB issued ASU No. 2013-11, Income Taxes (Top 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carry forward, a Similar Tax Loss, or a Tax Credit Carry forward Exists. The objective of ASU No. 2013-11 is to provide guidance on the financial statement presentation of an unrecognized tax benefit when a net loss carry forward, similar tax loss, or tax credit carry forward exists. The amendments in this standard is effective for all entities that have unrecognized tax benefits when a net operating loss carry forward, a similar tax loss, or a tax credit carry forward exists for fiscal ears, and interim periods beginning after December 15, 2013. We are evaluating the effect, if any, adoption of ASU No. 2013-11 will have on our financial statements.

Stockholders_Equity

Stockholder's Equity	8 Months Ended
	Dec. 31, 2013
Equity [Abstract]	'
Stockholder's Equity	'
	NOTE 4 - STOCKHOLDER’S EQUITY
	The Company is authorized to issue 100,000,000 shares of common stock and 20,000,000 shares of preferred stock.
	In May 15, 2013, the Company issued 20,000,000 common shares to two directors and officers for an aggregated amount of $2,000 in cash.
	On September 25, 2013, the Company redeemed an aggregate of 19,500,000 of the then 20,000,000 shares of outstanding stock at a redemption price of $.0001 per share for an aggregate redemption price of $1,950.
	On September 26, 2013, the Company issued 5,000,000 shares of its common stock at $.0001 representing 90.9% of the total outstanding 5,500,000 shares of common stock.
	On October 29, 2013, the Company issued 20,000,000 shares of its Series A Preferred stock at $.0001 to Kirill Neklyudov, president of the Registrant and its common stock majority shareholder, representing 100% of the total outstanding 20,000,000 shares of preferred stock.
	As of December 31, 2013, 5,500,000 shares of common stock and 20,000,000 preferred stock were issued and outstanding.

Subsequent_Event

Subsequent Event	8 Months Ended
	Dec. 31, 2013
Subsequent Events [Abstract]	'
Subsequent Event	'
	NOTE 5 - SUBSEQUENT EVENT
	On March 1, 2014, the Company issued 1,000,000 shares of its common stock pursuant to Section 4(2) of the Securities Act of 1933 at par value of $0.0001 to Brazzaco Limited of Nicosia, Cyprus as founder shares. The issuance represents 15.4% of the total outstanding 6,500,000 shares of common stock.