Legacy Ventures International (LGYV) 10-K 30 Sep 22 2022 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Jun. 30, 2022	Sep. 30, 2022	Dec. 31, 2021
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2022
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--06-30
Entity File Number	000-55849
Entity Registrant Name	LEGACY VENTURES INTERNATIONAL, INC
Entity Central Index Key	0001616788
Entity Tax Identification Number	30-0826318
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	Unit 01, 82/F. International Commerce Centre
Entity Address, Address Line Two	1 Austin Road West
Entity Address, City or Town	Kowloon
Entity Address, Country	HK
City Area Code	852
Local Phone Number	3960 6394
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float			$ 1,890,384
Entity Common Stock, Shares Outstanding		50,315,064
Documents Incorporated by Reference	None
Auditor Firm ID	1930
Auditor Location	Mississauga, Canada
Auditor Name	MNP LLP

Balance Sheets

Balance Sheets - USD ($)	Jun. 30, 2022	Jun. 30, 2021
Current assets
Cash	$ 21,017	$ 22,780
Total assets	21,017	22,780
Current liabilities
Accounts payable and accrued liabilities	20,248	140,609
Secured promissory notes		165,000
Convertible notes		20,000
Interest payable		32,418
Advances from third parties		22,925
Advances from a shareholder	11,473
Total liabilities	31,721	380,952
Stockholders’ deficiency
Preferred Stock, $0.0001 par value; 10,000,000 shares authorized: Preferred Stock – no shares issued and outstanding June 30, 2022, and June 30, 2021
Common Stock, $0.0001 par value; 100,000,000 shares authorized: Common Stock – 50,315,064 and 315,064 shares issued and outstanding June 30, 2022 and June 30, 2021, respectively	5,032	32
Additional paid in capital	6,429,771	6,394,771
Accumulated deficit	(6,445,507)	(6,752,975)
Total stockholders’ deficiency	(10,704)	(358,172)
Total liabilities and stockholders’ deficiency	$ 21,017	$ 22,780

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2022	Jun. 30, 2021
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.0001	$ 0.0001
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	$ 0.0001	$ 0.0001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	50,315,064	315,064
Common stock, shares outstanding	50,315,064	315,064

Statements of Operations and Co

Statements of Operations and Comprehensive Income (Loss) - USD ($)	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Operating expenses
Professional fees	$ 40,367	$ 46,900
Other general and administration expenses	14,455	5,264
Loss from operations	(54,822)	(52,164)
Other income (expenses)
Interest expense - Convertible and Secured notes	(13,363)	(20,524)
Gain on cancellation of secured promissory notes and convertible notes	225,000
Gain on cancellation of interest payable	45,781
Gain on cancellation of third party advances and accrued liabilities	104,760
Exchange gain	145
Bank charges and other	(33)	(29,704)
Total other income (expenses)	362,290	(50,228)
Income (Loss) before taxes	307,468	(102,392)
Net income (loss) and comprehensive income (loss)	$ 307,468	$ (102,392)
Net income (loss) per share - basic and diluted	$ 0.03	$ (0.32)
Weighted average number of common shares outstanding - basic and diluted	11,273,968	315,064

Statements of Stockholders' Def

Statements of Stockholders' Deficiency - USD ($)	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Beginning Balance	$ (358,172)	$ (255,780)
Net income (loss)	307,468	(102,392)
Share issuance	40,000
Ending Balance	(10,704)	(358,172)
Common Stock [Member]
Beginning Balance	$ 32	$ 32
Beginning Balance, shares	315,064	315,064
Net income (loss)
Share issuance	$ 5,000
Share issuance, shares	50,000,000
Ending Balance	$ 5,032	$ 32
Ending Balance, shares	50,315,064	315,064
Additional Paid-in Capital [Member]
Beginning Balance	$ 6,394,771	$ 6,394,771
Net income (loss)
Share issuance	35,000
Ending Balance	6,429,771	6,394,771
Retained Earnings [Member]
Beginning Balance	(6,752,975)	(6,650,583)
Net income (loss)	307,468	(102,392)
Share issuance
Ending Balance	$ (6,445,507)	$ (6,752,975)

Statements of Cash Flows

Statements of Cash Flows - USD ($)	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ 307,468	$ (102,392)
Gain on cancellation of secured promissory notes and convertible notes	(225,000)
Gain on cancellation of interest payable	(45,781)
Gain on cancellation of third party advances and accrued liabilities	(104,760)
Changes in non-cash operating assets and liabilities
Interest payable – Convertible notes	13,363	20,524
Advances from third parties	(20,055)
Accounts payable and accrued liabilities	(18,471)	24,512
Net cash flows used in operating activities	(93,236)	(57,356)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from share issuance	40,000
Advances from a shareholder	11,473
Proceeds from secured convertible note	40,000	65,000
Net cash flows provided by financing activities	91,473	65,000
(Decrease) Increase in cash	(1,763)	7,644
Cash, beginning of year	22,780	15,136
Cash, end of year	21,017	22,780
Cash payments for:
Interest
Income taxes

ORGANIZATION AND DESCRIPTION OF

ORGANIZATION AND DESCRIPTION OF BUSINESS	12 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
ORGANIZATION AND DESCRIPTION OF BUSINESS	NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS Legacy Ventures International, Inc. (“Legacy” or the “Company”), was incorporated on March 4, 2014 under the laws of the State of Nevada. The Company currently has no ongoing operations except for the incurring of general and administrative expenditures. COVID-19 The outbreak of the novel strain of coronavirus, specifically identified as “COVID-19”, has resulted in governments worldwide enacting emergency measures to combat the spread of the virus. These measures, which include the implementation of travel bans, self-imposed quarantine periods and social distancing, have caused material disruption to businesses globally resulting in an economic slowdown. Global equity markets have experienced significant volatility and weakness. Governments and central banks have reacted with significant monetary and fiscal interventions designed to stabilize economic conditions. The duration and impact of the COVID-19 outbreak is unknown at this time, as is the efficacy of the government and central bank interventions. It is not possible to reliably estimate the length and severity of these developments and the impact on the financial results and conditions of the Company in future periods. To date the Company has not experienced any impacts as a result of COVID-19.

GOING CONCERN AND BASIS OF PRES

GOING CONCERN AND BASIS OF PRESENTATION	12 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN AND BASIS OF PRESENTATION	NOTE 2 – GOING CONCERN AND BASIS OF PRESENTATION The Company’s audited financial statements have been prepared on a going concern basis, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. As of June 30, 2022, the Company has a working capital deficiency of $ 10,704 358,172 6,445,507 6,752,975

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS	12 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS	NOTE 3 – SIGNIFICANT ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS Basis of Presentation The financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America and are expressed in United States dollars (“USD”). The Company’s fiscal year-end is June 30. The Company’s functional currency is USD and the Company’s reporting currency is USD. Cash Cash includes cash on hand and balances with banks or with third parties. Income (Loss) Per Share The Company has adopted the Financial Accounting Standards Board’s (“FASB”) Topic 260-10 which provides for calculation of “basic” and “diluted” earnings per share. Basic earnings per share includes no dilution and is computed by dividing net income or loss available to common stockholders by the weighted average number of common shares outstanding for the period. Diluted income (loss) per share reflect the potential dilution of securities that could share in the income (loss) of an entity. Diluted income (loss) per share exclude all potentially dilutive shares if their effect is anti-dilutive. All dilutive common share equivalents were anti-dilutive for the years ended June 30, 2022 and 202 1. Foreign Currency Translation The Company’s functional currency is USD. The Company’s reporting currency is USD. Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated using the exchange rate prevailing at the balance sheet date. Non-monetary assets and liabilities are translated using the historical rate on the date of the transaction. All exchange gains or losses arising from translation of these foreign currency transactions are included in net income (loss) for the year. Fair Value of Financial Instruments ASC Topic 820 “ Fair Value Measurements and Disclosures Level 1 - Valuation based on quoted market prices in active markets for identical assets or liabilities. Level 2 - Valuation based on quoted market prices for similar assets and liabilities in active markets. Level 3 - Valuation based on unobservable inputs that are supported by little or no market activity, therefore requiring management’s best estimate of what market participants would use as fair value. In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the asset or liability. Income Taxes The Company accounts for income taxes under ASC Topic 740 Accounting for Income Taxes. The Company provides for federal and provincial income taxes payable, as well as for those deferred because of the timing differences between reporting income and expenses for financial statement purposes versus tax purposes. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the carrying amount of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Deferred tax assets and liabilities are measured using the enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recoverable or settled. The effect of a change in tax rates is recognized as income or expense in the period of the change. A valuation allowance is established, when necessary, to reduce deferred income tax assets to the amount that is more likely than not to be realized. The Company adopted the FASB guidance concerning accounting for uncertainty in income taxes, which clarifies the accounting and disclosure for uncertainty in tax positions, as of July 1, 2017. The guidance requires that the Company determine whether it is more likely than not that a tax position will not be sustained upon examination by the appropriate taxing authority. If a tax position does not meet the more likely than not recognition criterion, the guidance requires that the tax position be measured at the largest amount of benefit greater than 50 percent not likely of being sustained upon ultimate settlement. Based on the Company’s evaluation, management has concluded that there are no significant uncertain tax positions requiring recognition in the financial statements. Interest and penalties are recorded in bank and other charges in the statement of operations and comprehensive loss and accounts payable and accrued liabilities in the balance sheets. The Company has reviewed the new pronouncements from FASB, however, none of the recent accounting pronouncements have an impact on the Company.

SECURED PROMISSORY AND CONVERTI

SECURED PROMISSORY AND CONVERTIBLE NOTES	12 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
SECURED PROMISSORY AND CONVERTIBLE NOTES	NOTE 4 – SECURED PROMISSORY AND CONVERTIBLE NOTES Secured Promissory Note On December 2, 2018, the Company issued a Secured Promissory Note (“Secured Note”) to an accredited investor. The Secured Note had an aggregate principal amount of $ 50,000 December 2, 2019 4 18 2,391 9,486 On September 6, 2019, the Company issued a Secured Promissory Note (“Secured Note”) to an accredited investor. The Secured Note had an aggregate principal amount of $ 50,000 September 6, 2020 4 18 2,391 8,134 On October 1, 2020, the Company issued a Secured Promissory Note (“Secured Note”) to an accredited investor. The Secured Note had an aggregate principal amount of $ 65,000 October 1, 2021 4 18 655 1,944 On August 13, 2021, the Company issued a Secured Promissory Note (“Secured Note”) to an accredited investor. The Secured Note had an aggregate principal amount of $ 40,000 August 13, 2022 4 18 470 nil As of September 30, 2021, each note holder had agreed to entered into a cancellation and release agreement to provide conclusive evidence of the cancellation, settlement and full and final mutual release with respect to all and any rights, obligations and disputes among the Parties arising under the Secured Note. There was no outstanding interest payable nor outstanding secured promissory note. The cancellation of secured promissory notes and the cancellation of interest payable were recorded as a gain on the statements of operations and comprehensive income (loss). The principal amount of $ 205,000 33,941 Unsecured Convertible Promissory Notes On June 28, 2017 the Company issued $ 20,000 4,000 June 27, 2018 8 12 0.75 20,000 20,000 248 960 As of September 30, 2021, each note holder had agreed to entered into a cancellation and release agreement to provide conclusive evidence of the cancellation, settlement and full and final mutual release with respect to all and any rights, obligations and disputes among the Parties arising under the Secured Note. There was no outstanding interest payable nor outstanding secured promissory note. The cancellation of convertible promissory notes and the cancellation of interest payable were recorded as a gain on the statements of operations and comprehensive income (loss). The principal amount of $ 20,000 11,840

RELATED PARTY ADVANCES AND BALA

RELATED PARTY ADVANCES AND BALANCES, AND ADVANCES FROM THIRD PARTIES	12 Months Ended
	Jun. 30, 2022
Related Party Transactions [Abstract]
RELATED PARTY ADVANCES AND BALANCES, AND ADVANCES FROM THIRD PARTIES	NOTE 5 – RELATED PARTY ADVANCES AND BALANCES, AND ADVANCES FROM THIRD PARTIES The Company was previously advanced funds by a third party, the funds were used to pay certain professional fees including auditors, and accountants. The Company has agreed with the third party with respect to settlement of the amount advanced. For the year ended June 30, 2022, we recognized a gain on cancellation of third party advances and accrued liabilities, amount of $ 104,760 no For the year ended June 30, 2022, the Company was advanced funds by a shareholder. The funds were used to pay certain professional fees including auditors and accountants. The balance is non-interest bearing and due on demand. As at June 30, 2022, there was a balance of $ 11,473 For the years ended June 30, 2021, the previous sole Director and Officer of the Company, earned fees of $ 12,000

COMMON AND PREFERRED STOCK TRAN

COMMON AND PREFERRED STOCK TRANSACTIONS	12 Months Ended
	Jun. 30, 2022
Equity [Abstract]
COMMON AND PREFERRED STOCK TRANSACTIONS	NOTE 6 - COMMON AND PREFERRED STOCK TRANSACTIONS As of June 30, 2022, the Company was authorized to issue 10,000,000 0.0001 100,000,000 0.0001 During the year ended June 30, 2022, the Company issued 50,000,000 40,000 There were no common stock transactions for the year ended June 30, 2021. As of June 30, 2022, and June 30, 2021, the Company had 50,315,064 315,064

INCOME TAXES

INCOME TAXES	12 Months Ended
	Jun. 30, 2022
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 7 - INCOME TAXES Income taxes The provision for income taxes differs from that computed at the corporate tax rate of approximately 21 21 SCHEDULE OF PROVISION FOR INCOME TAXES 2022 2021 Net income (loss) before income taxes $ 307,468 $ (102,392 ) Expected income tax expense (recovery) at statutory rates 64,570 (21,500 ) Tax rate and other adjustments — — Tax effect of non-deductible expenses (taxable items) (18,900 ) 6,300 Change in valuation allowance (45,670 ) 15,200 Provision for (benefit from) income taxes $ — $ — Deferred tax assets Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carry forwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. Net deferred tax assets consist of the following components as of June 30, 2022 and 2021 : SCHEDULE OF NET DEFERRED TAX ASSETS 2022 2021 Deferred tax assets (non-current): Net operating loss $ 407,130 $ 296,660 Valuation allowance (407,130 ) (296,660 ) Net deferred tax assets $ — $ —

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Jun. 30, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 8 - SUBSEQUENT EVENTS In accordance with ASC Topic 855, “Subsequent Events”, which establishes general standards of accounting for and disclosure of events that occur after the balance sheet date but before the financial statements are issued, the Company has evaluated all events or transactions that occurred after June 30, 2022 up through the date the Company issued the financial statements and there are no subsequent events that require disclosure in accordance with FASB ASC Topic 855, “Subsequent Events.”

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS (Policies)	12 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America and are expressed in United States dollars (“USD”). The Company’s fiscal year-end is June 30. The Company’s functional currency is USD and the Company’s reporting currency is USD.
Cash	Cash Cash includes cash on hand and balances with banks or with third parties.
Income (Loss) Per Share	Income (Loss) Per Share The Company has adopted the Financial Accounting Standards Board’s (“FASB”) Topic 260-10 which provides for calculation of “basic” and “diluted” earnings per share. Basic earnings per share includes no dilution and is computed by dividing net income or loss available to common stockholders by the weighted average number of common shares outstanding for the period. Diluted income (loss) per share reflect the potential dilution of securities that could share in the income (loss) of an entity. Diluted income (loss) per share exclude all potentially dilutive shares if their effect is anti-dilutive. All dilutive common share equivalents were anti-dilutive for the years ended June 30, 2022 and 202 1.
Foreign Currency Translation	Foreign Currency Translation The Company’s functional currency is USD. The Company’s reporting currency is USD. Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated using the exchange rate prevailing at the balance sheet date. Non-monetary assets and liabilities are translated using the historical rate on the date of the transaction. All exchange gains or losses arising from translation of these foreign currency transactions are included in net income (loss) for the year.
Fair Value of Financial Instruments	Fair Value of Financial Instruments ASC Topic 820 “ Fair Value Measurements and Disclosures Level 1 - Valuation based on quoted market prices in active markets for identical assets or liabilities. Level 2 - Valuation based on quoted market prices for similar assets and liabilities in active markets. Level 3 - Valuation based on unobservable inputs that are supported by little or no market activity, therefore requiring management’s best estimate of what market participants would use as fair value. In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the asset or liability.
Income Taxes	Income Taxes The Company accounts for income taxes under ASC Topic 740 Accounting for Income Taxes. The Company provides for federal and provincial income taxes payable, as well as for those deferred because of the timing differences between reporting income and expenses for financial statement purposes versus tax purposes. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the carrying amount of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Deferred tax assets and liabilities are measured using the enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recoverable or settled. The effect of a change in tax rates is recognized as income or expense in the period of the change. A valuation allowance is established, when necessary, to reduce deferred income tax assets to the amount that is more likely than not to be realized. The Company adopted the FASB guidance concerning accounting for uncertainty in income taxes, which clarifies the accounting and disclosure for uncertainty in tax positions, as of July 1, 2017. The guidance requires that the Company determine whether it is more likely than not that a tax position will not be sustained upon examination by the appropriate taxing authority. If a tax position does not meet the more likely than not recognition criterion, the guidance requires that the tax position be measured at the largest amount of benefit greater than 50 percent not likely of being sustained upon ultimate settlement. Based on the Company’s evaluation, management has concluded that there are no significant uncertain tax positions requiring recognition in the financial statements. Interest and penalties are recorded in bank and other charges in the statement of operations and comprehensive loss and accounts payable and accrued liabilities in the balance sheets. The Company has reviewed the new pronouncements from FASB, however, none of the recent accounting pronouncements have an impact on the Company.

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Jun. 30, 2022
Income Tax Disclosure [Abstract]
SCHEDULE OF PROVISION FOR INCOME TAXES	The provision for income taxes differs from that computed at the corporate tax rate of approximately 21 21 SCHEDULE OF PROVISION FOR INCOME TAXES 2022 2021 Net income (loss) before income taxes $ 307,468 $ (102,392 ) Expected income tax expense (recovery) at statutory rates 64,570 (21,500 ) Tax rate and other adjustments — — Tax effect of non-deductible expenses (taxable items) (18,900 ) 6,300 Change in valuation allowance (45,670 ) 15,200 Provision for (benefit from) income taxes $ — $ —
SCHEDULE OF NET DEFERRED TAX ASSETS	Net deferred tax assets consist of the following components as of June 30, 2022 and 2021 : SCHEDULE OF NET DEFERRED TAX ASSETS 2022 2021 Deferred tax assets (non-current): Net operating loss $ 407,130 $ 296,660 Valuation allowance (407,130 ) (296,660 ) Net deferred tax assets $ — $ —

GOING CONCERN AND BASIS OF PR_2

GOING CONCERN AND BASIS OF PRESENTATION (Details Narrative) - USD ($)	Jun. 30, 2022	Jun. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Working capital deficit	$ 10,704	$ 358,172
Accumulated deficit	$ 6,445,507	$ 6,752,975

SECURED PROMISSORY AND CONVER_2

SECURED PROMISSORY AND CONVERTIBLE NOTES (Details Narrative) - USD ($)						12 Months Ended
	Aug. 13, 2021	Oct. 01, 2020	Sep. 06, 2019	Dec. 02, 2018	Jun. 28, 2017	Jun. 30, 2022	Jun. 30, 2021	Sep. 30, 2021
Debt Instrument [Line Items]
Unsecured debt					$ 4,000
Additional Paid-in Capital [Member]
Debt Instrument [Line Items]
Beneficial conversion feature					20,000
Secured Promissory Note [Member]
Debt Instrument [Line Items]
Debt instruments principal amount forgiven								$ 205,000
Debt instruments principal interest forgiven								33,941
Secured Promissory Note [Member] | Accredited Investor [Member]
Debt Instrument [Line Items]
Aggregate principal amount				$ 50,000
Maturity date				Dec. 02, 2019
Interest rate				4%
Default interest rate				18%
Interest expense						$ 2,391	$ 9,486
Secured Promissory Note One [Member] | Accredited Investor [Member]
Debt Instrument [Line Items]
Aggregate principal amount			$ 50,000
Maturity date			Sep. 06, 2020
Interest rate			4%
Default interest rate			18%
Interest expense						2,391	8,134
Secured Promissory Note Two [Member] | Accredited Investor [Member]
Debt Instrument [Line Items]
Aggregate principal amount		$ 65,000
Maturity date		Oct. 01, 2021
Interest rate		4%
Default interest rate		18%
Interest expense						655	1,944
Secured Promissory Note Three [Member] | Accredited Investor [Member]
Debt Instrument [Line Items]
Aggregate principal amount	$ 40,000
Maturity date	Aug. 13, 2022
Interest rate	4%
Default interest rate	18%
Interest expense						470
Unsecured Convertible Promissory Notes [Member]
Debt Instrument [Line Items]
Aggregate principal amount					$ 20,000
Maturity date					Jun. 27, 2018
Interest rate					8%
Default interest rate					12%
Interest expense						$ 248	$ 960
Debt instruments principal amount forgiven								20,000
Debt instruments principal interest forgiven								$ 11,840
Conversion Price					$ 0.75
Carrying value of convertible note					$ 20,000

RELATED PARTY ADVANCES AND BA_2

RELATED PARTY ADVANCES AND BALANCES, AND ADVANCES FROM THIRD PARTIES (Details Narrative) - USD ($)	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Related Party Transaction [Line Items]
Gain on cancellation of third party advances and accrued liabilities	$ 104,760
Due to related parties, current		22,925
Advances from a shareholder	$ 11,473
Director and Officer [Member]
Related Party Transaction [Line Items]
Related party costs		$ 12,000

COMMON AND PREFERRED STOCK TR_2

COMMON AND PREFERRED STOCK TRANSACTIONS (Details Narrative) - USD ($)	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Subsidiary, Sale of Stock [Line Items]
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares issued	50,315,064	315,064
Common stock, shares outstanding	50,315,064	315,064
Private Placement [Member]
Subsidiary, Sale of Stock [Line Items]
Stock issued during period, shares, new issues	50,000,000
Gross proceeds from issuance of common stock	$ 40,000

SCHEDULE OF PROVISION FOR INCOM

SCHEDULE OF PROVISION FOR INCOME TAXES (Details) - USD ($)	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Net income (loss) before income taxes	$ 307,468	$ (102,392)
Expected income tax expense (recovery) at statutory rates	64,570	(21,500)
Tax rate and other adjustments
Tax effect of non-deductible expenses (taxable items)	(18,900)	6,300
Change in valuation allowance	(45,670)	15,200
Provision for (benefit from) income taxes

SCHEDULE OF NET DEFERRED TAX AS

SCHEDULE OF NET DEFERRED TAX ASSETS (Details) - USD ($)	Jun. 30, 2022	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Net operating loss	$ 407,130	$ 296,660
Valuation allowance	(407,130)	(296,660)
Net deferred tax assets