Legacy Ventures International (LGYV) 10-Q 30 Dec 24 2025 Q1 Quarterly report Financial data

Cover

Cover - $ / shares	3 Months Ended
	Sep. 30, 2024	Dec. 30, 2024
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2024
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2025
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 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 Common Stock, Shares Outstanding		50,315,064
Entity Listing, Par Value Per Share	$ 0.0001

Interim Condensed Consolidated

Interim Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2024	Jun. 30, 2024
Current assets
Cash	$ 1,092	$ 842
Total assets	1,092	842
Current liabilities
Accounts payable and accrued liabilities	39,082	31,904
Total liabilities	158,432	137,711
Stockholders’ deficiency
Preferred Stock, $0.0001 par value; 10,000,000 shares authorized: Preferred Stock – no shares issued and outstanding September 30, 2024, and June 30, 2024
Common Stock, $0.0001 par value; 100,000,000 shares authorized: Common Stock – 50,315,064 shares issued and outstanding September 30, 2024 and June 30, 2024	5,032	5,032
Additional paid in capital	6,429,771	6,429,771
Accumulated deficit	(6,592,143)	(6,571,672)
Total stockholders’ deficiency	(157,340)	(136,869)
Total liabilities and stockholders’ deficiency	1,092	842
Director [Member]
Current liabilities
Amount due to a director	1,282	1,282
Majority Shareholder [Member]
Current liabilities
Advances from a shareholder	$ 118,068	$ 104,525

Interim Condensed Consolidate_2

Interim Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Sep. 30, 2024	Jun. 30, 2024
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	50,315,064
Common stock, shares outstanding	50,315,064	50,315,064

Interim Condensed Consolidate_3

Interim Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Operating expenses
Professional fees	$ 19,742	$ 5,500
Other general and administration expenses	723	1,244
Loss from operations	(20,465)	(6,744)
Other expenses
Bank charges and other	6
Total other expenses	(6)
Loss before taxes	(20,471)	(6,744)
Net loss and comprehensive loss	$ (20,471)	$ (6,744)
Net loss per share - basic	$ 0	$ 0
Net loss per share - diluted	$ 0	$ 0
Weighted average number of common shares outstanding - basic	50,315,064	50,315,064
Weighted average number of common shares outstanding - diluted	50,315,064	50,315,064

Interim Condensed Consolidate_4

Interim Condensed Consolidated Statements of Stockholders' Deficiency (Unaudited) - USD ($)	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Balance	$ (136,869)	$ (72,583)
Net loss	(20,471)	(6,744)
Balance	(157,340)	(79,327)
Common Stock [Member]
Balance	$ 5,032	$ 5,032
Balance, shares	50,315,064	50,315,064
Net loss
Balance	$ 5,032	$ 5,032
Balance, shares	50,315,064	50,315,064
Additional Paid-in Capital [Member]
Balance	$ 6,429,771	$ 6,429,771
Net loss
Balance	6,429,771	6,429,771
Retained Earnings [Member]
Balance	(6,571,672)	(6,507,386)
Net loss	(20,471)	(6,744)
Balance	$ (6,592,143)	$ (6,514,130)

Interim Condensed Consolidate_5

Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (20,471)	$ (6,744)
Changes in non-cash operating assets and liabilities
Accounts payable and accrued liabilities	7,178	(3,092)
Net cash flows used in operating activities	(13,293)	(9,836)
CASH FLOWS FROM FINANCING ACTIVITY:
Advances from a shareholder	13,543	9,000
Net cash flows provided by financing activity	13,543	9,000
Increase (Decrease) in cash	250	(836)
Cash, beginning of period	842	1,678
Cash, end of period	1,092	842
Cash payments for:
Interest
Income taxes

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($)	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Pay vs Performance Disclosure [Table]
Net Income (Loss)	$ (20,471)	$ (6,744)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Sep. 30, 2024
Insider Trading Arrangements [Line Items]
No insider trading flag	true

ORGANIZATION AND DESCRIPTION OF

ORGANIZATION AND DESCRIPTION OF BUSINESS	3 Months Ended
	Sep. 30, 2024
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. On December 27, 2023, the Company incorporate Ever Green Living Ventures Ltd, a company incorporated in Hong Kong, with incorporation fee of $ 1,410 100

GOING CONCERN AND BASIS OF PRES

GOING CONCERN AND BASIS OF PRESENTATION	3 Months Ended
	Sep. 30, 2024
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 unaudited interim condensed consolidated 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 September 30, 2024, the Company has a working capital deficiency of $ 157,340 136,869 6,592,143 6,571,672

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS	3 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS	NOTE 3 – SIGNIFICANT ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS SIGNIFICANT ACCOUNTING POLICIES The Company’s significant accounting policies have not changed from the year ended June 30, 2024. The accompanying unaudited condensed consolidated interim financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10–Q and Rule 10 of Regulation S–X. Accordingly, they do not include all of the information and notes required by accounting principles generally accepted in the United States of America. However, in the opinion of the management of the Company, all adjustments necessary for a fair presentation of the financial position and operating results have been included in these unaudited condensed consolidated interim financial statements. These unaudited condensed consolidated interim financial statements should be read in conjunction with the financial statements and notes thereto included in the Company’s Annual Report on Form 10–K for the fiscal year ended June 30, 2024, as filed with the SEC on November 27, 2024. Operating results for the three months ended September 30, 2024, are not necessarily indicative of the results that may be expected for any subsequent quarter or for the year ending June 30, 2025. LEGACY VENTURES INTERNATIONAL, INC. NOTES TO THE INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Expressed in US dollars) (Unaudited)

RELATED PARTY ADVANCES AND BALA

RELATED PARTY ADVANCES AND BALANCES, AND ADVANCES FROM THIRD PARTIES	3 Months Ended
	Sep. 30, 2024
Related Party Transactions [Abstract]
RELATED PARTY ADVANCES AND BALANCES, AND ADVANCES FROM THIRD PARTIES	NOTE 4 – RELATED PARTY ADVANCES AND BALANCES, AND ADVANCES FROM THIRD PARTIES For the three months ended September 30, 2024, there is an advance from a shareholder of $ 13,543 118,068 104,525 As of September 30, 2024 and June 30, 2024, there were a balance of $ 1,282 1,282

BASIC AND DILUTED NET INCOME (L

BASIC AND DILUTED NET INCOME (LOSS) PER SHARE	3 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
BASIC AND DILUTED NET INCOME (LOSS) PER SHARE	NOTE 5 - BASIC AND DILUTED NET INCOME (LOSS) PER SHARE The Company follows ASC Topic 260 to account for the income (loss) per share. Basic income (loss) per common share (“EPS”) calculations are determined by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted income (loss) per common share calculations are determined by dividing net loss by the weighted average number of common shares and dilutive common share equivalents (if dilutive) outstanding. All dilutive common share equivalents were anti-dilutive for the three months ended September 30, 2024 and 2023.

COMMON AND PREFERRED STOCK TRAN

COMMON AND PREFERRED STOCK TRANSACTIONS	3 Months Ended
	Sep. 30, 2024
Equity [Abstract]
COMMON AND PREFERRED STOCK TRANSACTIONS	NOTE 6 - COMMON AND PREFERRED STOCK TRANSACTIONS As of September 30, 2024, the Company was authorized to issue 10,000,000 0.0001 100,000,000 0.0001 There were no common stock transactions for the three months ended September 30, 2024 and 2023. As of September 30, 2024, and June 30, 2024, the Company had 50,315,064

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Sep. 30, 2024
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 7 - 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 September 30, 2024 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)	3 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	SIGNIFICANT ACCOUNTING POLICIES The Company’s significant accounting policies have not changed from the year ended June 30, 2024. The accompanying unaudited condensed consolidated interim financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10–Q and Rule 10 of Regulation S–X. Accordingly, they do not include all of the information and notes required by accounting principles generally accepted in the United States of America. However, in the opinion of the management of the Company, all adjustments necessary for a fair presentation of the financial position and operating results have been included in these unaudited condensed consolidated interim financial statements. These unaudited condensed consolidated interim financial statements should be read in conjunction with the financial statements and notes thereto included in the Company’s Annual Report on Form 10–K for the fiscal year ended June 30, 2024, as filed with the SEC on November 27, 2024. Operating results for the three months ended September 30, 2024, are not necessarily indicative of the results that may be expected for any subsequent quarter or for the year ending June 30, 2025.

ORGANIZATION AND DESCRIPTION _2

ORGANIZATION AND DESCRIPTION OF BUSINESS (Details Narrative)	Dec. 27, 2023 USD ($)
Fee	$ 1,410
Ever Green Living Ventures [Member]
Ownership Percentage	100%

GOING CONCERN AND BASIS OF PR_2

GOING CONCERN AND BASIS OF PRESENTATION (Details Narrative) - USD ($)	Sep. 30, 2024	Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Working capital deficit	$ 157,340	$ 136,869
Accumulated deficit	$ 6,592,143	$ 6,571,672

RELATED PARTY ADVANCES AND BA_2

RELATED PARTY ADVANCES AND BALANCES, AND ADVANCES FROM THIRD PARTIES (Details Narrative) - USD ($)	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2024
Related Party Transaction [Line Items]
Advance from share holders	$ 13,543	$ 9,000
Majority Shareholder [Member]
Related Party Transaction [Line Items]
Due to shareholder	118,068		$ 104,525
Director [Member]
Related Party Transaction [Line Items]
Amount due to a director	$ 1,282		$ 1,282

COMMON AND PREFERRED STOCK TR_2

COMMON AND PREFERRED STOCK TRANSACTIONS (Details Narrative) - $ / shares	Sep. 30, 2024	Jun. 30, 2024
Equity [Abstract]
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	50,315,064
Common stock, shares outstanding	50,315,064	50,315,064