ABV Consulting (ABVN) 10-K 20 Mar 15 2014 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Dec. 31, 2014	Mar. 13, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	ABV CONSULTING, INC.
Entity Central Index Key	1607450
Amendment Flag	FALSE
Current Fiscal Year End Date	-19
Document Type	10-K
Document Period End Date	31-Dec-14
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		5,533,000
Entity Public Float	$0

Balance_Sheet

Balance Sheet (USD $)	Dec. 31, 2014	Dec. 31, 2013
CURRENT ASSETS
Cash	$30,624	$5,000
TOTAL CURRENT ASSETS	30,624	5,000
TOTAL ASSETS	30,624	5,000
CURRENT LIABILITIES
Accounts Payable	11,876
TOTAL CURRENT LIABILITIES	11,876
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' Equity
Preferred stock, $0.0001 par value, 10,000,000 shares authorized, 0 shares issued and outstanding
Common stock, $0.0001 par value, 100,000,000 shares authorized, 5,533,000 and 5,000,000 hares issued and outstanding, respectively	553	520
Additional paid in capital	75,061	35,294
Stock receivable		-20,000
Accumulated deficit	-56,866	-10,814
TOTAL STOCKHOLDERS'S EQUITY	18,748	5,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$30,624	$5,000

Balance_Sheet_Parenthetical

Balance Sheet (Parenthetical) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Statement of Financial Position [Abstract]
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	100,000,000	100,000,000
Common stock, shares issued	5,533,000	5,533,000
Common stock, shares outstanding	5,000,000	5,000,000

Statement_of_Operation

Statement of Operation (USD $)	3 Months Ended	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2014
Revenue
Service Revenue, net
OPERATING EXPENSES
General and administrative	814	11,798
Professional fees	10,000	34,254
Total Operating Expenses	10,814	46,052
NET LOSS FROM OPERATIONS	-10,814	-46,052
Net loss before provision for income taxes	-10,814	-46,052
Provision for Income Taxes
NET LOSS	($10,814)	($46,052)
Net loss per share - basic and diluted	$0	($0.01)
Weighted average number of shares outstanding during the period - basic and diluted	5,000,000	5,204,977

Statement_of_Cash_Flow

Statement of Cash Flow (USD $)	3 Months Ended	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	($10,814)	($46,052)
Imputed compensation		6,500
Changes in operating assets and liabilities:
Increase in accounts payable		11,876
Net Cash Used In Operating Activities	-10,814	-27,676
CASH FLOWS FROM FINANCING ACTIVITIES:
Capital contribution	814
Proceeds from sale of common stock	15,000	53,300
Net Cash Provided By Financing Activities	15,814	53,300
NET INCREASE / (DECREASE) IN CASH	5,000	25,624
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD		5,000
CASH AND CASH EQUIVALENTS AT END OF PERIOD	5,000	30,624
Supplemental disclosure of non cash investing & financing activities:
Cash paid for income taxes
Cash paid for interest expense

Consolidated_Statement_of_Stoc

Consolidated Statement of Stockholders' Deficit (USD $)	Total	Common Stock	Additional Paid-in Capital	Stock Receivable	Accumulated Deficit
Beginning balance at Oct. 14, 2013
Beginning balance, Shares at Oct. 14, 2013
Issuance of stock -founders ($.003 per share)	15,000	500	14,500
Issuance of stock -founders ($.003 per share), Shares		5,000,000
Stock issued for Cash		20	19,980	-20,000
Stock issued for Cash, Shares		200,000
Contribution of capital	814		814
Imputed compensation
Net loss	-10,814				-10,814
Ending balance at Dec. 31, 2013	5,000	520	35,294	-20,000	-10,814
Ending balance, shares at Dec. 31, 2013		5,200,000
Sale of common stock	33,300	33	33,267
Sale of common stock, Shares		333,000
Less offering costs	-1,525		-1,525
Collection of stock receivable	20,000			20,000
Imputed compensation	6,500		6,500
Net loss	-46,052				-46,052
Ending balance at Dec. 31, 2014	$18,748	$553	$73,536		($56,866)
Ending balance, shares at Dec. 31, 2014		5,533,000

Consolidated_Statement_of_Stoc1

Consolidated Statement of Stockholders' Deficit (Parentheticals) (USD $)	Dec. 31, 2013
Statement of Stockholders' Equity [Abstract]
Issuance of stock -founders, Per share price	$0.00

Organization_Nature_of_Busines

Organization Nature of Business and Going Concern	12 Months Ended
	Dec. 31, 2014
Organization Nature of Business and Going Concern [Abstract]
ORGANIZATION, NATURE OF BUSINESS AND GOING CONCERN	NOTE 1 – ORGANIZATION, NATURE OF BUSINESS AND GOING CONCERN
	(A)
	Organization
	ABV Consulting. (“The Company”) was originally organized in the State of Nevada on October 15, 2013. The Company provides merchandising and consulting services to Craft beer brewers and distributors as well as providing marketing support within the craft beer industry to retailers and other organizations as needed. While the Company does not directly produce alcoholic beverages, it provides services to help businesses in the industry improve their marketing, sales and operations.
	(B)
	Going Concern
	As of December 31, 2014, the Company had an accumulated deficit of $65,341 and used cash in operations of $26,151 from the year ended December 31, 2014. Losses have principally occurred as a result of the substantial resources required for professional fees and general and administrative expenses associated with its organization.
	These conditions raise substantial doubt about the Company’s ability to continue as a going concern. These financial statements do not include any adjustments to reflect the possible future effect on the recoverability and classification of assets or the amounts and classifications of liabilities that may result from the outcome of these uncertainties. Management believes that the actions presently being taken to obtain additional funding and implement its strategic plan provides the opportunity for the Company to continue as a going concern.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2014
Summary of Significant Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	(A)
	Cash and Cash Equivalents
	The Company considers investments that have original maturities of three months or less when purchased to be cash equivalents.
	(B)
	Use of Estimates in Financial Statements
	The presentation of financial statements in conformity with accounting principles generally accepted in the United States of America 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. Significant estimates during the periods covered by these financial statements include the , valuation of deferred tax asset and imputed compensation costs.
	(C)
	Fair value measurements and Fair value of Financial Instruments
	The Company adopted ASC Topic 820, Fair Value Measurements. ASC Topic 820 clarifies the definition of fair value, prescribes methods for measuring fair value, and establishes a fair value hierarchy to classify the inputs used in measuring fair value as follows:
	Level 1-Inputs are unadjusted quoted prices in active markets for identical assets or liabilities available at the measurement date.
	Level 2-Inputs are unadjusted quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, inputs other than quoted prices that are observable, and inputs derived from or corroborated by observable market data.
	Level 3-Inputs are unobservable inputs which reflect the reporting entity’s own assumptions on what assumptions the market participants would use in pricing the asset or liability based on the best available information.
	(D)
	Revenue Recognition
	The Company recognizes 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.
	(E)
	Segments
	The Company operates in one segment and therefore segment information is not presented.
	(F)
	Loss Per Share
	The basic loss per share is calculated by dividing the Company's net loss available to common shareholders by the weighted average number of common shares during the year. The diluted loss per share is calculated by dividing the Company's net loss available to common shareholders by the diluted weighted average number of shares outstanding during the period. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. As of December 31, 2014 and 2013 the company has no dilutive securities.
	(G)
	Income Taxes
	The Company accounts for income taxes under FASB Codification Topic 740-10-25 ("ASC 740-10-25"). Under ASC 740-10-25, deferred tax assets and liabilities are recognized for the future tax consequences attributable to 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. Under ASC 740-10-25, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.
	The Company’s income tax expense differs from the “expected” tax expense for federal income tax purpose by applying the Federal & State blended rate of 40.59% as follows:
		December 31,
		2014			2013
	Expected income tax (benefit) expense at the statutory rate of 40.59%	$	(22,134	)	$	(4,390	)
	Tax effect of expenses that are not deductible for income tax purposes (net of other amounts deductible for tax purposes)		2,639			0
	Change in valuation allowance		19,496			4,390
	Provision for income taxes	$	-		$	-
	The components of deferred income taxes are as follows:
		December 31,
		2014			2013
	Deferred income tax asset:					4,390
	Net operating loss carryforwards	$	23,886		$	4,390
	Valuation allowance		(23,886	)		(4,390	)
	Deferred income taxes	$	-		$	-
	As of December 31, 2014, the Company has a net operating loss carry forward of approximately $58,800 available to offset future taxable income through 2034. This results in deferred tax assets of approximately $23,886 as of December 31, 2014. The valuation allowance at December 31, 2014 was approximately $23,886. The change in the valuation allowance for the year ended December 31, 2014 was an increase of $19,496 Tax returns for the years ended December 31, 2014 and 2013are subject to examination by the Internal Revenue Service.
	(H)
	Reclassification
	Certain amounts from prior periods have been reclassified to conform to the current period presentation

Recent_Accounting_Pronouncemen

Recent Accounting Pronouncements	12 Months Ended
	Dec. 31, 2014
Recent Accounting Pronouncements [Abstract]
RECENT ACCOUNTING PRONOUNCEMENTS	NOTE 3 – RECENT ACCOUNTING PRONOUNCEMENTS
	In June 2014, the FASB issued ASU 2014-10, "Development Stage Entities". The amendments in this update remove the definition of a development stage entity from the Master Glossary of the ASC thereby removing the financial reporting distinction between development stage entities and other reporting entities from U.S. GAAP. In addition, the amendments eliminate the requirements for development stage entities to (1) present inception-to-date information in the statements of income, cash flows, and shareholder equity, (2) label the financial statements as those of a development stage entity, (3) disclose a description of the development stage activities in which the entity is engaged, and (4) disclose in the first year in which the entity is no longer a development stage entity that in prior years it had been in the development stage. The amendments in this update are applied retrospectively. The Company elected early adoption of ASU 2014-10. The adoption of ASU 2014-10 removed the development stage entity financial reporting requirements from the Company. The company elected early adoption of ASU 2014-10.
	In June 2014, FASB issued Accounting Standards Update (“ASU”) No. 2014-09, “Revenue from Contracts with Customers”. The update gives entities a single comprehensive model to use in reporting information about the amount and timing of revenue resulting from contracts to provide goods or services to customers. The proposed ASU, which would apply to any entity that enters into contracts to provide goods or services, would supersede the revenue recognition requirements in Topic 605, Revenue Recognition, and most industry-specific guidance throughout the Industry Topics of the Codification. Additionally, the update would supersede some cost guidance included in Subtopic 605-35, Revenue Recognition – Construction-Type and Production-Type Contracts. The update removes inconsistencies and weaknesses in revenue requirements and provides a more robust framework for addressing revenue issues and more useful information to users of financial statements through improved disclosure requirements. In addition, the update improves comparability of revenue recognition practices across entities, industries, jurisdictions, and capital markets and simplifies the preparation of financial statements by reducing the number of requirements to which an entity must refer. The update is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. This updated guidance is not expected to have a material impact on our results of operations, cash flows or financial condition.
	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. The effective date is the same for both public business entities and all other entities.
	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.
	No other accounting pronouncements issued by FASB (including the Emerging Issues Task Force), the AICPA and the SEC, did not or are not believed by the Company management, to have a material impact on the Company’s present or future financial statements.

Stockholders_Equity

Stockholders Equity	12 Months Ended
	Dec. 31, 2014
Stockholders Equity [Abstract]
STOCKHOLDERS EQUITY	NOTE 4 – STOCKHOLDERS EQUITY
	The Company is authorized to issue up to 100,000,000 shares of common stock, par value $0.0001 and 10,000,000 shares of blank shares of common par value $0.0001
	In November 2013, the Company sold 5,000,000 shares to the Company’s founder for proceeds of $15,000.
	During the period ended December 31, 2013, the Company issued 200,000 shares of common stock for a subscription of $20,000 under a private placement agreement. The subscription receivable was collected in January 2014.
	In December 2013 the Company’s founder paid $814 on behalf of the Company. The amount was recorded as a contribution of capital.
	During the year ended December 31, 2014 the Company completed the private placement of 333,000 shares of common stock for proceed of $33,300. The Company paid offering expenses of $1,525.
	During the year ended December 31, 2014 the Company imputed compensation of $6,500 for services provided by its Chief Executive Officer.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2014
Summary of Significant Accounting Policies [Abstract]
Cash and Cash Equivalents	(A)
	Cash and Cash Equivalents
	The Company considers investments that have original maturities of three months or less when purchased to be cash equivalents.
Use of Estimates in Financial Statements	(B)
	Use of Estimates in Financial Statements
	The presentation of financial statements in conformity with accounting principles generally accepted in the United States of America 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. Significant estimates during the periods covered by these financial statements include the , valuation of deferred tax asset and imputed compensation costs.
Fair value measurements and Fair value of Financial Instruments	(C)
	Fair value measurements and Fair value of Financial Instruments
	The Company adopted ASC Topic 820, Fair Value Measurements. ASC Topic 820 clarifies the definition of fair value, prescribes methods for measuring fair value, and establishes a fair value hierarchy to classify the inputs used in measuring fair value as follows:
	Level 1-Inputs are unadjusted quoted prices in active markets for identical assets or liabilities available at the measurement date.
	Level 2-Inputs are unadjusted quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, inputs other than quoted prices that are observable, and inputs derived from or corroborated by observable market data.
	Level 3-Inputs are unobservable inputs which reflect the reporting entity’s own assumptions on what assumptions the market participants would use in pricing the asset or liability based on the best available information.
Revenue Recognition	(D)
	Revenue Recognition
	The Company recognizes 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.
Segments	(E)
	Segments
	The Company operates in one segment and therefore segment information is not presented.
Loss Per Share	(F)
	Loss Per Share
	The basic loss per share is calculated by dividing the Company's net loss available to common shareholders by the weighted average number of common shares during the year. The diluted loss per share is calculated by dividing the Company's net loss available to common shareholders by the diluted weighted average number of shares outstanding during the period. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. As of December 31, 2014 and 2013 the company has no dilutive securities.
Income Taxes	(G)
	Income Taxes
	The Company accounts for income taxes under FASB Codification Topic 740-10-25 ("ASC 740-10-25"). Under ASC 740-10-25, deferred tax assets and liabilities are recognized for the future tax consequences attributable to 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. Under ASC 740-10-25, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.
	The Company’s income tax expense differs from the “expected” tax expense for federal income tax purpose by applying the Federal & State blended rate of 40.59% as follows:
		December 31,
		2014			2013
	Expected income tax (benefit) expense at the statutory rate of 40.59%	$	(22,134	)	$	(4,390	)
	Tax effect of expenses that are not deductible for income tax purposes (net of other amounts deductible for tax purposes)		2,639			0
	Change in valuation allowance		19,496			4,390
	Provision for income taxes	$	-		$	-
	The components of deferred income taxes are as follows:
		December 31,
		2014			2013
	Deferred income tax asset:					4,390
	Net operating loss carryforwards	$	23,886		$	4,390
	Valuation allowance		(23,886	)		(4,390	)
	Deferred income taxes	$	-		$	-
	As of December 31, 2014, the Company has a net operating loss carry forward of approximately $58,800 available to offset future taxable income through 2034. This results in deferred tax assets of approximately $23,886 as of December 31, 2014. The valuation allowance at December 31, 2014 was approximately $23,886. The change in the valuation allowance for the year ended December 31, 2014 was an increase of $19,496 Tax returns for the years ended December 31, 2014 and 2013are subject to examination by the Internal Revenue Service.
Reclassification	(H)
	Reclassification
	Certain amounts from prior periods have been reclassified to conform to the current period presentation

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2014
Summary of Significant Accounting Policies [Abstract]
Schedule of effective income tax rate reconciliation
		December 31,
		2014			2013
	Expected income tax (benefit) expense at the statutory rate of 40.59%	$	(22,134	)	$	(4,390	)
	Tax effect of expenses that are not deductible for income tax purposes (net of other amounts deductible for tax purposes)		2,639			0
	Change in valuation allowance		19,496			4,390
	Provision for income taxes	$	-		$	-
Schedule of components of deferred income taxes
		December 31,
		2014			2013
	Deferred income tax asset:					4,390
	Net operating loss carryforwards	$	23,886		$	4,390
	Valuation allowance		(23,886	)		(4,390	)
	Deferred income taxes	$	-		$	-

Organization_Nature_of_Busines1

Organization Nature of Business and Going Concern (Details) (USD $)	3 Months Ended	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2014
Organization Nature of Business and Going Concern (Textual)
Accumulated deficit	($10,814)	($56,866)
Cash used in operations	($10,814)	($27,676)

Summary_of_Significant_Account3

Summary of Significant Accounting Policies (Details) (USD $)	3 Months Ended	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2014
Summary of Significant Accounting Policies [Abstract]
Expected income tax (benefit) expense at the statutory rate of 40.59%	($4,390)	($22,134)
Tax effect of expenses that are not deductible for income tax purposes (net of other amounts deductible for tax purposes)	0	2,639
Change in valuation allowance	4,390	19,496
Provision for income taxes

Summary_of_Significant_Account4

Summary of Significant Accounting Policies (Details 1) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Deferred income tax asset:
Net operating loss carryforwards	$23,886	$4,390
Valuation allowance	-23,886	-4,390
Deferred income taxes

Summary_of_Significant_Account5

Summary of Significant Accounting Policies (Details Textual) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Summary of Significant Accounting Policies (Textual)
Expected income tax (benefit) expense at the statutory rate	40.59%
Operating loss carryforwards	$58,800
Operating loss carryforwards, expiration date	31-Dec-34
Deferred tax assets, operating loss carry forward	23,886	4,390
Valuation allowance	23,886	4,390
Change in the valuation allowance	$19,496

Stockholders_Equity_Details

Stockholders Equity (Details) (USD $)	1 Months Ended	3 Months Ended	12 Months Ended
	Nov. 30, 2013	Dec. 31, 2013	Dec. 31, 2014
Stockholders Equity (Textual)
Common stock, shares authorized		100,000,000	100,000,000
Common stock,par value		$0.00	$0.00
Blank shares, authorized		10,000,000	10,000,000
Blank shares, par value		$0.00	$0.00
Shares issued to the founder of the company	5,000,000
Shares issued to the founder of the company, value	$15,000	$15,000
Shares issued under private placement agreement, value			33,300
Capital contribution		814
Offering expenses			1,525
Compensation for services provided by Chief Executive Officer			6,500
Private Placement [Member]
Stockholders Equity (Textual)
Shares issued under private placement agreement		200,000	333,000
Shares issued under private placement agreement, value		$20,000	$33,300