Cover
Cover | 9 Months Ended |
Jul. 31, 2023 shares | |
Cover [Abstract] | |
Document Type | 10-Q/A |
Amendment Flag | true |
Amendment Description | To include xbrl |
Document Quarterly Report | true |
Document Transition Report | false |
Document Period End Date | Jul. 31, 2023 |
Document Fiscal Period Focus | Q3 |
Document Fiscal Year Focus | 2023 |
Current Fiscal Year End Date | --10-31 |
Entity File Number | 333-202398 |
Entity Registrant Name | ARMA SERVICES, INC. |
Entity Central Index Key | 0001625285 |
Entity Tax Identification Number | 32-0449388 |
Entity Incorporation, State or Country Code | NV |
Entity Address, Address Line One | 7260 W. Azure Dr. Suite 140-928 |
Entity Address, City or Town | Las Vegas |
Entity Address, State or Province | NV |
Entity Address, Postal Zip Code | 89130 |
City Area Code | 725 |
Local Phone Number | 235-7766 |
Entity Current Reporting Status | Yes |
Entity Interactive Data Current | No |
Entity Filer Category | Non-accelerated Filer |
Entity Small Business | true |
Entity Emerging Growth Company | false |
Entity Shell Company | false |
Entity Common Stock, Shares Outstanding | 12,240,000 |
Consolidated Balance Sheets (Un
Consolidated Balance Sheets (Unaudited) - USD ($) | Jul. 31, 2023 | Oct. 31, 2022 |
CURRENT ASSETS | ||
Cash | $ 48,191 | $ 0 |
Receivable | 27,998 | 0 |
Prepaid expense | 73,187 | 0 |
Other current assets | 76,603 | 0 |
TOTAL CURRENT ASSETS | 225,979 | 0 |
Goodwill | 881,196 | 0 |
TOTAL ASSETS | 1,107,175 | 0 |
CURRENT LIABILITIES | ||
Accounts payables and accrued liabilities | 365,733 | 14,556 |
Loan from director | 27,248 | 27,248 |
Taxes payable | 3,159 | 0 |
Other short-term liabilities | 12,692 | 0 |
TOTAL CURRENT LIABILITIES | 408,832 | 41,804 |
Note payable | 908,390 | 0 |
TOTAL LIABILITIES | 1,317,222 | 41,804 |
STOCKHOLDERS' EQUITY (DEFICIT) | ||
Common stock, par value $0.001; 75,000,000 shares authorized, 12,240,000 shares issued and outstanding at July 31, 2023 and 6,240,000 shares issued and outstanding at October 31, 2022 | 12,240 | 6,240 |
Additional paid-in capital | 20,160 | 20,160 |
Accumulated deficit | (242,447) | (68,204) |
TOTAL STOCKHOLDERS' EQUITY (DEFICIT) | (210,047) | (41,804) |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) | $ 1,107,175 | $ 0 |
Consolidated Balance Sheets (_2
Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares | Jul. 31, 2023 | Oct. 31, 2022 |
Statement of Financial Position [Abstract] | ||
Common Stock, Par or Stated Value Per Share | $ 0.001 | $ 0.001 |
Common Stock, Shares Authorized | 75,000,000 | 75,000,000 |
Common Stock, Shares, Issued | 12,240,000 | 6,240,000 |
Common Stock, Shares, Outstanding | 12,240,000 | 6,240,000 |
Consolidated Statement of Loss
Consolidated Statement of Loss (Unaudited) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Jul. 31, 2023 | Jul. 31, 2022 | Jul. 31, 2023 | Jul. 31, 2022 | |
Income Statement [Abstract] | ||||
Revenue | $ 0 | $ 0 | $ 8,300 | $ 0 |
Cost of revenue | 0 | 0 | 9,815 | 0 |
Gross profit / (loss) | 0 | 0 | (1,515) | 0 |
Operating expenses | ||||
General and Administrative | 16,633 | 2,750 | 172,728 | 9,010 |
Total operating expenses | 16,633 | 2,750 | 172,728 | 9,010 |
NET INCOME (LOSS) | $ (16,633) | $ (2,750) | $ (174,243) | $ (9,010) |
Consolidated Statement of Los_2
Consolidated Statement of Loss (Unaudited) (Parenthetical) - $ / shares | 3 Months Ended | 9 Months Ended | ||
Jul. 31, 2023 | Jul. 31, 2022 | Jul. 31, 2023 | Jul. 31, 2022 | |
Income Statement [Abstract] | ||||
Earnings Per Share, Basic | $ 0 | $ 0 | $ (0.02) | $ 0 |
Earnings Per Share, Diluted | $ 0 | $ 0 | $ (0.02) | $ 0 |
Weighted Average Number of Shares Outstanding, Diluted | 12,240,000 | 6,240,000 | 9,646,593 | 6,240,000 |
Weighted Average Number of Shares Outstanding, Basic | 12,240,000 | 6,240,000 | 9,646,593 | 6,240,000 |
Consolidated Statement of Stock
Consolidated Statement of Stockholders Equity (Deficit) (Unaudited) - USD ($) | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Total |
Beginning balance, value at Oct. 31, 2021 | $ 6,240 | $ 20,160 | $ (58,545) | $ (32,145) |
Shares, Outstanding, Beginning Balance at Oct. 31, 2021 | 6,240,000 | |||
Net loss | (441) | (441) | ||
Ending balance, value at Jan. 31, 2022 | $ 6,240 | 20,160 | (58,986) | (32,586) |
Shares, Outstanding, Ending Balance at Jan. 31, 2022 | 6,240,000 | |||
Beginning balance, value at Oct. 31, 2021 | $ 6,240 | 20,160 | (58,545) | (32,145) |
Shares, Outstanding, Beginning Balance at Oct. 31, 2021 | 6,240,000 | |||
Net loss | (9,010) | |||
Ending balance, value at Jul. 31, 2022 | $ 6,240 | 20,160 | (67,555) | (41,155) |
Shares, Outstanding, Ending Balance at Jul. 31, 2022 | 6,240,000 | |||
Beginning balance, value at Jan. 31, 2022 | $ 6,240 | 20,160 | (58,986) | (32,586) |
Shares, Outstanding, Beginning Balance at Jan. 31, 2022 | 6,240,000 | |||
Net loss | (5,819) | (5,819) | ||
Ending balance, value at Apr. 30, 2022 | $ 6,240 | 20,160 | (64,805) | (38,405) |
Shares, Outstanding, Ending Balance at Apr. 30, 2022 | 6,240,000 | |||
Net loss | (2,750) | (2,750) | ||
Ending balance, value at Jul. 31, 2022 | $ 6,240 | 20,160 | (67,555) | (41,155) |
Shares, Outstanding, Ending Balance at Jul. 31, 2022 | 6,240,000 | |||
Beginning balance, value at Oct. 31, 2022 | $ 6,240 | 20,160 | (68,204) | (41,804) |
Shares, Outstanding, Beginning Balance at Oct. 31, 2022 | 6,240,000 | |||
Net loss | (104,632) | (104,632) | ||
Ending balance, value at Jan. 31, 2023 | $ 6,240 | 20,160 | (172,836) | (146,436) |
Shares, Outstanding, Ending Balance at Jan. 31, 2023 | 6,240,000 | |||
Beginning balance, value at Oct. 31, 2022 | $ 6,240 | 20,160 | (68,204) | (41,804) |
Shares, Outstanding, Beginning Balance at Oct. 31, 2022 | 6,240,000 | |||
Net loss | (174,243) | |||
Ending balance, value at Jul. 31, 2023 | $ 12,240 | 20,160 | (242,447) | (210,047) |
Shares, Outstanding, Ending Balance at Jul. 31, 2023 | 12,240,000 | |||
Beginning balance, value at Jan. 31, 2023 | $ 6,240 | 20,160 | (172,836) | (146,436) |
Shares, Outstanding, Beginning Balance at Jan. 31, 2023 | 6,240,000 | |||
Net loss | (52,978) | (52,978) | ||
Shares issuance | $ 6,000 | 6,000 | ||
Stock Issued During Period, Shares, New Issues | 6,000,000 | |||
Ending balance, value at Apr. 30, 2023 | $ 12,240 | 20,160 | (225,814) | (193,414) |
Shares, Outstanding, Ending Balance at Apr. 30, 2023 | 12,240,000 | |||
Net loss | (16,633) | (16,633) | ||
Ending balance, value at Jul. 31, 2023 | $ 12,240 | $ 20,160 | $ (242,447) | $ (210,047) |
Shares, Outstanding, Ending Balance at Jul. 31, 2023 | 12,240,000 |
Consolidated Statement of Cash
Consolidated Statement of Cash Flows (Unaudited) - USD ($) | 3 Months Ended | 9 Months Ended | ||||
Jul. 31, 2023 | Jan. 31, 2023 | Jul. 31, 2022 | Jan. 31, 2022 | Jul. 31, 2023 | Jul. 31, 2022 | |
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||
Net loss | $ (16,633) | $ (104,632) | $ (2,750) | $ (441) | $ (174,243) | $ (9,010) |
Changes in operating assets and liabilities: | ||||||
(Increase) decrease in accounts and other payables | 222,434 | 2,412 | ||||
Net cash used / provided in operating activities | 48,191 | (6,598) | ||||
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||
Notes payable | 0 | 0 | ||||
Director's loans | 0 | 6,598 | ||||
Net cash provided by financing activities | 0 | 6,598 | ||||
NET INCREASE IN CASH | 48,191 | 0 | ||||
CASH AND CASH EQUIVALENTS at beginning of year | $ 0 | $ 0 | 0 | 0 | ||
CASH AND CASH EQUIVALENTS at end of year | $ 48,191 | $ 0 | $ 48,191 | $ 0 |
ORGANIZATION AND NATURE OF BUSI
ORGANIZATION AND NATURE OF BUSINESS | 9 Months Ended |
Jul. 31, 2023 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
ORGANIZATION AND NATURE OF BUSINESS | NOTE 1 – ORGANIZATION AND NATURE OF BUSINESS Arma Services Inc. (the “Company”, “we”, “us” or “our”) was incorporated under the laws of the State of Nevada on September 2, 2014. On February 27, 2023, Arma Services Inc. (“ARMV,” or the “Company”) entered into a share exchange agreement with Wenflor International Inc. to acquire Bret International Holding Corp., owner of 100% of Bret Consultores, SAPI de CV: (“Bret”), a Mexican corporation, specializing in Forestry Management and creating Carbon Offsets and Ecapfin Sapi de Cv. a Mexican corporation specialized in developing methodologies of carbon capture in agricultural crop applications. We plan to develop and manage forestry properties belonging to Indigenous communities in five states in Mexico with over 156,000 hectares of forest land creating carbon offsets and agricultural carbon offsets to be sold to Fortune 5000 Companies to offset their carbon liabilities. The company plans to expand this program on a global scale working with Governments, Indigenous Communities, the UNFCC, NGO’S, the UNDP, FAO, the Green Climate Fund (GCF) and the Global Environment Facility (GEF). |
SUMMARY OF SIGNIFICANT ACCOUNTI
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | 9 Months Ended |
Jul. 31, 2023 | |
Accounting Policies [Abstract] | |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 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. Basis of Consolidation The consolidated financial statements include the accounts of Arma Services Inc and its subsidiaries Bret Consultores and Ecapfin. All significant inter-company balances and transactions within the Company have been eliminated upon consolidation. 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 an October 31 fiscal year end. Cash and Cash Equivalents The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents. The Company had $ 48,191 Nil Fair Value of Financial Instruments ASC topic 820 “Fair Value Measurements and Disclosures” establishes a three-tier fair value hierarchy, which prioritizes the inputs in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market. These tiers include: Level 1: defined as observable inputs such as quoted prices in active markets. Level 2: defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and Level 3: defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions. The carrying value of accounts payable and the Company’s loan from shareholder approximates its fair value due to their short-term maturity. 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 purpose of our business is to provide a full range of services in the field with communities to develop sustainable forestry management programs producing carbon removal credits to be sold to carbon emitters to offset their carbon emissions. Services are provided through Indigenous Communities, NGO”s, Governments, Industry Leaders, Conferences and Business meetings, Agriculture producers and Cooperatives. The Company will recognize revenue in accordance with ASC topic 606 “Revenue from Contracts with Customers”. The core principle of ASC 606 is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. An entity recognizes revenue in accordance with that core principle by applying the following steps: Step 1: Identify the contract(s) with a customer Step 2: Identify the performance obligations in the contract Step 3: Determine the transaction price Step 4: Allocate the transaction price to the performance obligations in the contract Step 5: Recognize revenue when (or as) the entity satisfies a performance obligation. Specifically, Section 606-10-50 requires an entity to provide information about: a. Revenue recognized from contracts with customers, including the disaggregation of revenue into appropriate categories; b. Contract balances, including the opening and closing balances of receivables, contract assets, and contract liabilities; c. Performance obligations, including when the entity typically satisfies its performance obligations and the transaction price that is allocated to the remaining performance obligations in a contract; d. Significant judgments, and changes in judgments, made in applying the requirements to those contracts. 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 income (loss) applicable to common shareholders by the weighted average number of common shares during the period. Diluted income (loss) per share is calculated by dividing the Company’s net income (loss) 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 Comprehensive Income The Company has established standards for reporting 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. |
GOING CONCERN
GOING CONCERN | 9 Months Ended |
Jul. 31, 2023 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
GOING CONCERN | NOTE 3 – GOING CONCERN The accompanying financial statements have been prepared in conformity with generally accepted accounting principles, which contemplate continuation of the Company as a going concern. However, the Company has an accumulated deficit of $ 242,447 182,853 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. |
LOANS FROM RELATED PARTY
LOANS FROM RELATED PARTY | 9 Months Ended |
Jul. 31, 2023 | |
Debt Disclosure [Abstract] | |
LOANS FROM RELATED PARTY | NOTE 4 – LOANS FROM RELATED PARTY In support of the Company’s efforts and cash requirements, it may rely on advances from related parties until such time that the Company can support its operations or attains adequate financing through sales of its equity or traditional debt financing. There is no formal written commitment for continued support by shareholders. Amounts represent advances or amounts paid in satisfaction of liabilities. The advances are considered temporary in nature and have not been formalized by a promissory note. |
COMMON STOCK
COMMON STOCK | 9 Months Ended |
Jul. 31, 2023 | |
Equity [Abstract] | |
COMMON STOCK | NOTE 5 – COMMON STOCK The Company has 75,000,000 0.001 12,240,000 6,240,000 |
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS | 9 Months Ended |
Jul. 31, 2023 | |
Related Party Transactions [Abstract] | |
RELATED PARTY TRANSACTIONS | NOTE 6 – RELATED PARTY TRANSACTIONS As of July 31, 2023, the Company had a non-interest-bearing loan payable to its previous director in the amount of $ 27,248 169,774 The Company’s officers and director provide services and office space to the Company without compensation. |
COMMITMENTS AND CONTINGENCIES
COMMITMENTS AND CONTINGENCIES | 9 Months Ended |
Jul. 31, 2023 | |
Commitments and Contingencies Disclosure [Abstract] | |
COMMITMENTS AND CONTINGENCIES | NOTE 7 – 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. |
INCOME TAXES
INCOME TAXES | 9 Months Ended |
Jul. 31, 2023 | |
Income Tax Disclosure [Abstract] | |
INCOME TAXES | NOTE 8– INCOME TAXES As of July 31, 2023, the Company had net operating loss carry forwards of approximately $225,814 that may be available to reduce future years’ taxable income in varying amounts through 2033. 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 assets relating to these tax loss carryforwards. The provision for Federal income tax consists of the following: Reconciliation of income tax expense July 31, 2023 October 31, 2022 Federal income tax benefit attributable to: Current Operations $ 36,591 $ 2,028 Less: valuation allowance (36,591 ) (2,028 ) Net provision for Federal income taxes $ – $ – The cumulative tax effect at the expected rate of 21% of significant items comprising our net deferred tax amount is as follows: Schedule of deferred taxes July 31, 2023 October 31, 2022 Deferred tax asset attributable to: Net operating loss carryover $ 50,913 $ 14,322 Less: valuation allowance (50,913 ) (14,333 ) Net deferred tax asset $ – $ – Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carry forwards of approximately $ 68,204 |
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS | 9 Months Ended |
Jul. 31, 2023 | |
Subsequent Events [Abstract] | |
SUBSEQUENT EVENTS | NOTE 9 – SUBSEQUENT EVENTS In accordance with ASC 855-10 the Company has analyzed its operations subsequent to July 31, 2023, and to the date these financial statements were issued, and has determined that there are no subsequent events to disclose. |
SUMMARY OF SIGNIFICANT ACCOUN_2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) | 9 Months Ended |
Jul. 31, 2023 | |
Accounting Policies [Abstract] | |
Basis of Presentation | 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. |
Basis of Consolidation | Basis of Consolidation The consolidated financial statements include the accounts of Arma Services Inc and its subsidiaries Bret Consultores and Ecapfin. All significant inter-company balances and transactions within the Company have been eliminated upon consolidation. |
Accounting Basis | 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 an October 31 fiscal year end. |
Cash and Cash Equivalents | Cash and Cash Equivalents The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents. The Company had $ 48,191 Nil |
Fair Value of Financial Instruments | Fair Value of Financial Instruments ASC topic 820 “Fair Value Measurements and Disclosures” establishes a three-tier fair value hierarchy, which prioritizes the inputs in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market. These tiers include: Level 1: defined as observable inputs such as quoted prices in active markets. Level 2: defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and Level 3: defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions. The carrying value of accounts payable and the Company’s loan from shareholder approximates its fair value due to their short-term maturity. |
Income Taxes | 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 | 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 | Revenue Recognition The purpose of our business is to provide a full range of services in the field with communities to develop sustainable forestry management programs producing carbon removal credits to be sold to carbon emitters to offset their carbon emissions. Services are provided through Indigenous Communities, NGO”s, Governments, Industry Leaders, Conferences and Business meetings, Agriculture producers and Cooperatives. The Company will recognize revenue in accordance with ASC topic 606 “Revenue from Contracts with Customers”. The core principle of ASC 606 is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. An entity recognizes revenue in accordance with that core principle by applying the following steps: Step 1: Identify the contract(s) with a customer Step 2: Identify the performance obligations in the contract Step 3: Determine the transaction price Step 4: Allocate the transaction price to the performance obligations in the contract Step 5: Recognize revenue when (or as) the entity satisfies a performance obligation. Specifically, Section 606-10-50 requires an entity to provide information about: a. Revenue recognized from contracts with customers, including the disaggregation of revenue into appropriate categories; b. Contract balances, including the opening and closing balances of receivables, contract assets, and contract liabilities; c. Performance obligations, including when the entity typically satisfies its performance obligations and the transaction price that is allocated to the remaining performance obligations in a contract; d. Significant judgments, and changes in judgments, made in applying the requirements to those contracts. |
Stock-Based Compensation | 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 Basic income (loss) per share is calculated by dividing the Company’s net income (loss) applicable to common shareholders by the weighted average number of common shares during the period. Diluted income (loss) per share is calculated by dividing the Company’s net income (loss) 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 |
Comprehensive Income | Comprehensive Income The Company has established standards for reporting 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. |
INCOME TAXES (Tables)
INCOME TAXES (Tables) | 9 Months Ended |
Jul. 31, 2023 | |
Income Tax Disclosure [Abstract] | |
Reconciliation of income tax expense | Reconciliation of income tax expense July 31, 2023 October 31, 2022 Federal income tax benefit attributable to: Current Operations $ 36,591 $ 2,028 Less: valuation allowance (36,591 ) (2,028 ) Net provision for Federal income taxes $ – $ – |
Schedule of deferred taxes | Schedule of deferred taxes July 31, 2023 October 31, 2022 Deferred tax asset attributable to: Net operating loss carryover $ 50,913 $ 14,322 Less: valuation allowance (50,913 ) (14,333 ) Net deferred tax asset $ – $ – |
SUMMARY OF SIGNIFICANT ACCOUN_3
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($) | 9 Months Ended | ||
Jul. 31, 2023 | Jul. 31, 2022 | Oct. 31, 2022 | |
Accounting Policies [Abstract] | |||
Cash | $ 48,191 | $ 0 | |
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 0 | 0 |
GOING CONCERN (Details Narrativ
GOING CONCERN (Details Narrative) - USD ($) | Jul. 31, 2023 | Oct. 31, 2022 |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||
Retained Earnings (Accumulated Deficit) | $ 242,447 | $ 68,204 |
Working capital | $ 182,853 |
COMMON STOCK (Details Narrative
COMMON STOCK (Details Narrative) - $ / shares | Jul. 31, 2023 | Oct. 31, 2022 |
Equity [Abstract] | ||
Common Stock, Shares Authorized | 75,000,000 | 75,000,000 |
Common Stock, Par or Stated Value Per Share | $ 0.001 | $ 0.001 |
Common Stock, Shares, Issued | 12,240,000 | 6,240,000 |
Common Stock, Shares, Outstanding | 12,240,000 | 6,240,000 |
RELATED PARTY TRANSACTIONS (Det
RELATED PARTY TRANSACTIONS (Details Narrative) | Jul. 31, 2023 USD ($) |
Previous Director [Member] | |
Debt Instrument [Line Items] | |
Notes Payable | $ 27,248 |
Shareholder [Member] | |
Debt Instrument [Line Items] | |
Notes Payable | $ 169,774 |
INCOME TAXES (Details - Income
INCOME TAXES (Details - Income tax provision) - USD ($) | 9 Months Ended | 12 Months Ended |
Jul. 31, 2023 | Oct. 31, 2022 | |
Income Tax Disclosure [Abstract] | ||
Current Operations | $ 36,591 | $ 2,028 |
Less: valuation allowance | (36,591) | (2,028) |
Net provision for Federal income taxes | $ 0 | $ 0 |
INCOME TAXES (Details - Deferre
INCOME TAXES (Details - Deferred taxes) - USD ($) | Jul. 31, 2023 | Oct. 31, 2022 |
Income Tax Disclosure [Abstract] | ||
Net operating loss carryover | $ 50,913 | $ 14,322 |
Less: valuation allowance | (50,913) | (14,333) |
Net deferred tax asset | $ 0 | $ 0 |
INCOME TAXES (Details Narrative
INCOME TAXES (Details Narrative) | Jul. 31, 2023 USD ($) |
Income Tax Disclosure [Abstract] | |
Operating Loss Carryforwards | $ 68,204 |