Natural Health Farm (NHEL) 10-K 29 Dec 16 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Sep. 30, 2016	Dec. 23, 2016
Document And Entity Information
Entity Registrant Name	AMBER GROUP INC
Entity Central Index Key	1,621,697
Document Type	10-K
Document Period End Date	Sep. 30, 2016
Amendment Flag	false
Current Fiscal Year End Date	--09-30
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		5,005,000
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,016

Balance Sheet

Balance Sheet - USD ($)	Sep. 30, 2016	Sep. 30, 2015
Current Assets
Cash and cash equivalents		$ 427
Prepaid Expenses	696
Total Current Assets	696	427
Total Assets	696	427
Current Liabilities
Accrued expenses	0	0
Loan from director	5,703	5,337
Total Liabilities	5,703	5,337
Stockholders' Equity
Common stock, par value $0.001; 75,000,000 shares authorized, 5,005,000 and 4,000,000 shares issued and outstanding respectively;	5,005	4,000
Additional paid in capital	19,095	0
Deficit accumulated during the development stage	(29,107)	(8,910)
Total Stockholders' Equity (Deficit)	(5,007)	(4,910)
Total Liabilities and Stockholders' Equity	$ 696	$ 427

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2016	Sep. 30, 2015
Balance Sheets Parenthetical
Common stock par value	$ 0.001	$ 0.001
Common stock shares authorized	75,000,000	75,000,000
Common stock shares issued	5,005,000	4,000,000
Common stock shares outstanding	5,005,000	4,000,000

Statement of Operations

Statement of Operations - USD ($)	12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Statement Of Operations
REVENUES	$ 1,995	$ 0
OPERATING EXPENSES
Professional Fees	20,905	4,120
Bank Service Charges	1,246	465
General and Administrative Expenses	40
TOTAL OPERATING EXPENSES	22,192	4,585
NET LOSS FROM OPERATIONS	(20,197)	(4,585)
PROVISION FOR INCOME TAXES	0	0
NET LOSS	$ (20,197)	$ (4,585)
NET LOSS PER SHARE: BASIC AND DILUTED	$ 0	$ 0
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	5,005,000	4,000,000

Statement of Stockholder_s Equi

Statement of Stockholder’s Equity - USD ($)	Common Stock	Additional Paid-In Capital	Deficit Accumulated during development Stage	Total
Beginning Balance, Shares at Jul. 10, 2014
Beginning Balance, Amount at Jul. 10, 2014
Shares issued for cash at $0.001 per share, Shares	4,000,000
Shares issued for cash at $0.001 per share, Amount	$ 4,000			4,000
Net loss			(4,325)	(4,325)
Ending Balance, Shares at Sep. 30, 2014	4,000,000
Ending Balance, Amount at Sep. 30, 2014	$ 4,000		(4,325)	(325)
Net loss			(4,585)	(4,585)
Ending Balance, Shares at Sep. 30, 2015	4,000,000
Ending Balance, Amount at Sep. 30, 2015	$ 4,000		(8,910)	(4,910)
Shares issued for cash at $0.001 per share, Shares	1,005,000
Shares issued for cash at $0.001 per share, Amount	$ 1,005	19,095		20,100
Net loss			(20,197)	(20,197)
Ending Balance, Shares at Sep. 30, 2016	5,005,000
Ending Balance, Amount at Sep. 30, 2016	$ 5,005	$ 19,095	$ (29,107)	$ (5,007)

Statement of Cash Flows

Statement of Cash Flows - USD ($)	12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss for the period	$ (20,197)	$ (4,585)
Changes in assets and liabilities:
Increase (decrease) in prepaid expenses	(696)	0
CASH FLOWS USED IN OPERATING ACTIVITIES	(20,892)	(4,585)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from sale of common stock	20,100
Loans from director	366	5,012
CASH FLOWS PROVIDED BY FINANCING ACTIVITIES	20,466	5,012
NET INCREASE IN CASH	427	427
Cash, beginning of period	427
Cash, end of period	0	427
SUPPLEMENTAL CASH FLOW INFORMATION:
Interest paid	0	0
Income taxes paid	$ 0	$ 0

ORGANIZATION AND NATURE OF BUSI

ORGANIZATION AND NATURE OF BUSINESS	12 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
NOTE 1 - ORGANIZATION AND NATURE OF BUSINESS	AMBER GROUP INC. was incorporated under the laws of the State of Nevada on July 10, 2014. Our address is 3773 HOWARD HUGHES PARKWAY 500S LAS VEGAS NV 89169.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Development Stage Company The Company is a development stage company as defined by section 915-10-20 of the FASB Accounting Standards Codification. The Company is devoting substantially all of its efforts on establishing the business and its planned principal operations have not commenced. All losses accumulated since inception have been considered as part of the Company's development stage activities. The Company has elected to adopt early application of Accounting Standards Update No. 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements. Upon adoption, the Company no longer presents or discloses inception-to-date information and other remaining disclosure requirements of Topic 915. Basis of Presentation The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars. Going Concern The accompanying financial statements have been prepared in conformity with generally accepted accounting principle, which contemplate continuation of the Company as a going concern. However, the Company had no revenues as of September 30, 2015. The Company currently has limited working capital, and has not completed its efforts to establish a stabilized source of revenues sufficient to cover operating costs over an extended period of time. Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses The Company intends to position itself so that it may be able to raise additional funds through the capital markets. In light of management’s efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern. Accounting Basis The Company uses the accrual basis of accounting and accounting principles generally accepted in the United States of America (“GAAP” accounting). The Company has adopted a September 30 fiscal year end. Cash and Cash Equivalents The Company considers all highly liquid investments with the original maturities of three months or less to be cash equivalents. The Company had $0 of cash as of September 30, 2016 and $427 as of September 30, 2015. Fair Value of Financial Instruments The Company’s financial instruments consist of cash and cash equivalents and amounts due to shareholder. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements. Income Taxes Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles 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 the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates. Revenue Recognition The Company recognizes revenue when products are fully delivered or services have been provided and collection is reasonably assured. Stock-Based Compensation Stock-based compensation is accounted for at fair value in accordance with ASC Topic 718. To date, the Company has not adopted a stock option plan and has not granted any stock options. Basic Income (Loss) Per Share Basic income (loss) per share is calculated by dividing the Company’s net loss applicable to common shareholders by the weighted average number of common shares during the period. Diluted earnings per share is calculated by dividing the Company’s net income available to common shareholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. There are no such common stock equivalents outstanding as of September 30, 2016. Comprehensive Income The Company has which established standards for reporting and display of comprehensive income, its components and accumulated balances. When applicable, the Company would disclose this information on its Statement of Stockholders’ Equity. Comprehensive income comprises equity except those resulting from investments by owners and distributions to owners. The Company has not had any significant transactions that are required to be reported in other comprehensive income. Recent Accounting Pronouncements In September 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“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 adoption of ASU 2014-10 removed the development stage entity financial reporting requirements for the Company.

LOANS FROM DIRECTOR

LOANS FROM DIRECTOR	12 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
NOTE 3 - LOANS FROM DIRECTOR	As of September 30, 2016, director loaned $5,703 for Company’s business expenses. The loan is unsecured, non-interest bearing and due on demand. The balance due to the director was $5,703 as of September 30, 2016.

COMMON STOCK

COMMON STOCK	12 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
NOTE 4 - COMMON STOCK	The Company has 75,000,000, $0.001 par value shares of common stock authorized. On September 29, 2014, the Company issued 4,000,000 shares of common stock for cash proceeds of $4,000 at $0.001 per share. As of December 31, 2015, the Company issued 682,500 shares of common stock for cash proceeds of $13,650 at $0.02 per share. As of June 30, 2016, the Company issued 322,500 shares of common stock for cash proceeds of 6,450 at $0.02 per share. There were 5,005,000 shares of common stock issued and outstanding as of September 30, 2016.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
NOTE 5 - COMMITMENTS AND CONTINGENCIES	The Company neither owns nor leases any real or personal property. An officer has provided office services without charge. There is no obligation for the officer to continue this arrangement. Such costs are immaterial to the financial statements and accordingly are not reflected herein. The officers and directors are involved in other business activities and most likely will become involved in other business activities in the future.

PREPAID EXPENSES

PREPAID EXPENSES	12 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
NOTE 6 - PREPAID EXPENSES	The Company has prepaid their expenses to the auditor in the amount of $696.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
NOTE 7 - INCOME TAXES	As of September 30, 2016, the Company had net operating loss carry forwards of approximately $29,107 that may be available to reduce future years’ taxable income in varying amounts through 2031. Future tax benefits which may arise as a result of these losses have not been recognized in these financial statements, as their realization is determined not likely to occur and accordingly, the Company has recorded a valuation allowance for the deferred tax asset relating to these tax loss carry-forwards. The provision for Federal income tax consists of the following: September 30, 2016 September 30, 2015 Federal income tax benefit attributable to: Current Operations $ 6,867 $ 1,605 Less: valuation allowance (6,867 ) (1,605 ) Net provision for Federal income taxes $ 0 $ 0 The cumulative tax effect at the expected rate of 35% of significant items comprising our net deferred tax amount is as follows: September 30, 2016 September 30, 2015 Deferred tax asset attributable to: Net operating loss carryover $ 9,896 $ 3,119 Less: valuation allowance (9,896 ) (3,119 ) Net deferred tax asset $ 0 $ 0 Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carry forwards of approximately $29,107 for Federal income tax reporting purposes are subject to annual limitations. Should a change in ownership occur net operating loss carry forwards may be limited as to use in future years.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
NOTE 8 - SUBSEQUENT EVENTS	On November 29, 2016 2016, Mr. Tee Chuen Meng was appointed as President and Chief Executive Officer, Secretary and Treasurer of our company. On November 29, 2016, Vadims Furss resigned as President, Chief Executive Officer, Secretary and Treasurer of our company. On November 30, 2016, we filed a certificate of amendment to our articles of incorporation with the Nevada Secretary of State to change our name to “Natural Health Farm Holdings Inc.” and affect a 30:1 forward stock split of our common stock and increase our Authorized Share Capital to 500,000,000 (Five Hundred Million). This amendment was unanimously approved by our board of directors on November 29, 2016., stockholders holding a majority of our voting power took action by written consent approving an amendment to our articles of incorporation to change the name of the company to a name to be determined by the board of directors and 30:1 forward stock split and increase our Authorized to 500,000,000 in its sole discretion, and authorized the Board of Directors to file the Amendment upon a determination and resolution of the Board of Directors of such new corporate name and 30:1 forward stock split. We have requested a new symbol from FINRA in connection with the recent name change and as of the date of this report, we have not received the new symbol from FINRA. We will provide an update upon assignment of the new symbol from FINRA.

SUMMARY OF SIGNIFICANT ACCOUN15

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Sep. 30, 2016
Summary Of Significant Accounting Policies Policies
Development Stage Company	The Company is a development stage company as defined by section 915-10-20 of the FASB Accounting Standards Codification. The Company is devoting substantially all of its efforts on establishing the business and its planned principal operations have not commenced. All losses accumulated since inception have been considered as part of the Company's development stage activities. The Company has elected to adopt early application of Accounting Standards Update No. 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements. Upon adoption, the Company no longer presents or discloses inception-to-date information and other remaining disclosure requirements of Topic 915.
Basis of Presentation	The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars.
Going Concern	The accompanying financial statements have been prepared in conformity with generally accepted accounting principle, which contemplate continuation of the Company as a going concern. However, the Company had no revenues as of September 30, 2015. The Company currently has limited working capital, and has not completed its efforts to establish a stabilized source of revenues sufficient to cover operating costs over an extended period of time. Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses The Company intends to position itself so that it may be able to raise additional funds through the capital markets. In light of management’s efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern.
Accounting Basis	The Company uses the accrual basis of accounting and accounting principles generally accepted in the United States of America (“GAAP” accounting). The Company has adopted a September 30 fiscal year end.
Cash and Cash Equivalents	The Company considers all highly liquid investments with the original maturities of three months or less to be cash equivalents. The Company had $0 of cash as of September 30, 2016 and $427 as of September 30, 2015.
Fair Value of Financial Instruments	The Company’s financial instruments consist of cash and cash equivalents and amounts due to shareholder. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements.
Income Taxes	Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized.
Use of Estimates	The preparation of financial statements in conformity with generally accepted accounting principles 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 the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Revenue Recognition	The Company recognizes revenue when products are fully delivered or services have been provided and collection is reasonably assured.
Stock-Based Compensation	Stock-based compensation is accounted for at fair value in accordance with ASC Topic 718. To date, the Company has not adopted a stock option plan and has not granted any stock options.
Basic Income (Loss) Per Share	Basic income (loss) per share is calculated by dividing the Company’s net loss applicable to common shareholders by the weighted average number of common shares during the period. Diluted earnings per share is calculated by dividing the Company’s net income available to common shareholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. There are no such common stock equivalents outstanding as of September 30, 2016.
Comprehensive Income	The Company has which established standards for reporting and display of comprehensive income, its components and accumulated balances. When applicable, the Company would disclose this information on its Statement of Stockholders’ Equity. Comprehensive income comprises equity except those resulting from investments by owners and distributions to owners. The Company has not had any significant transactions that are required to be reported in other comprehensive income.
Recent Accounting Pronouncements	In September 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“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 adoption of ASU 2014-10 removed the development stage entity financial reporting requirements for the Company.

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Sep. 30, 2016
Income Taxes Tables
Summary of provision for federal income tax	The provision for Federal income tax consists of the following: September 30, 2016 September 30, 2015 Federal income tax benefit attributable to: Current Operations $ 6,867 $ 1,605 Less: valuation allowance (6,867 ) (1,605 ) Net provision for Federal income taxes $ 0 $ 0
Summary of deferred tax amount	The cumulative tax effect at the expected rate of 35% of significant items comprising our net deferred tax amount is as follows: September 30, 2016 September 30, 2015 Deferred tax asset attributable to: Net operating loss carryover $ 9,896 $ 3,119 Less: valuation allowance (9,896 ) (3,119 ) Net deferred tax asset $ 0 $ 0

SUMMARY OF SIGNIFICANT ACCOUN17

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2014
Summary Of Significant Accounting Policies Details Narrative
Cash	$ 0	$ 427

LOANS FROM DIRECTOR (Details Na

LOANS FROM DIRECTOR (Details Narrative) - USD ($)	Sep. 30, 2016	Sep. 30, 2015
Loans From Director Details Narrative
Loan from director	$ 5,703	$ 5,337

COMMON STOCK (Details Narrative

COMMON STOCK (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended	12 Months Ended
	Dec. 31, 2015	Sep. 30, 2014	Jun. 30, 2016	Sep. 30, 2016	Sep. 30, 2014	Sep. 30, 2015
Common Stock Details Narrative
Common stock par value				$ 0.001		$ 0.001
Common stock shares authorized				75,000,000		75,000,000
Common stock shares issued				5,005,000		4,000,000
Common stock shares outstanding				5,005,000		4,000,000
Common stock issued for cash, amount	$ 13,650	$ 4,000	$ 6,450	$ 20,100	$ 4,000
Common stock issued for cash, shares	682,500		322,500		4,000,000
Price per share	$ 0.02	$ 0.001	$ 0.02		$ 0.001

PREPAID EXPENSES (Details Narra

PREPAID EXPENSES (Details Narrative)	Sep. 30, 2016USD ($)
Prepaid Expenses Details Narrative
Prepaid Expenses	$ 696

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($)	12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Federal income tax benefit attributable to:
Current Operations	$ 6,867	$ 1,605
Less: valuation allowance	(6,867)	(1,605)
Net provision for Federal income taxes	$ 0	$ 0

INCOME TAXES (Details 1)

INCOME TAXES (Details 1) - USD ($)	Sep. 30, 2016	Sep. 30, 2015
Deferred tax asset attributable to:
Net operating loss carryover	$ 9,896	$ 3,119
Less: valuation allowance	(9,896)	(3,119)
Net deferred tax asset	$ 0	$ 0

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative)	12 Months Ended
	Sep. 30, 2016USD ($)
Income Taxes Details Narrative
Net operating loss carry forward	$ 29,107
Net operating loss carry forward expired	2,031
Expected cumulative tax rate	35.00%

SUBSEQUENT EVENTS (Dtails Narra

SUBSEQUENT EVENTS (Dtails Narrative)	1 Months Ended
	Nov. 30, 2016shares
Subsequent Events Dtails Narrative
Entity name change	Natural Health Farm Holdings Inc.
Forward stock split	30:1
Increased authorized share capital	500,000,000