Document and Entity Information
Document and Entity Information - USD ($) | 12 Months Ended | |
Dec. 31, 2016 | Jun. 30, 2016 | |
Document and Entity Information: | ||
Entity Registrant Name | Global Gard, Inc. | |
Document Type | 10-K | |
Document Period End Date | Dec. 31, 2016 | |
Trading Symbol | gg | |
Amendment Flag | false | |
Entity Central Index Key | 1,627,631 | |
Current Fiscal Year End Date | --12-31 | |
Entity Common Stock, Shares Outstanding | 11,744,250 | |
Entity Public Float | $ 11,744 | |
Entity Filer Category | Smaller Reporting Company | |
Entity Current Reporting Status | Yes | |
Entity Voluntary Filers | Yes | |
Entity Well-known Seasoned Issuer | No | |
Document Fiscal Year Focus | 2,016 | |
Document Fiscal Period Focus | FY |
Condensed Balance Sheets - Audi
Condensed Balance Sheets - Audited - USD ($) | Dec. 31, 2016 | Dec. 31, 2015 |
Current Assets | ||
Cash | $ 5,225 | $ 4,257 |
Total Current Assets | 5,225 | 4,257 |
Total Assets | 5,225 | 4,257 |
Current Liabilities | ||
Accounts Payable and Accrued Liabilities | 7,650 | 5,650 |
Due to related party | 8,000 | 5,000 |
Total Current Liabilities | 15,650 | 10,650 |
Total Liabilities | 15,650 | 10,650 |
Stockholders' Equity (Deficit) | ||
Capital Stock Issued and outstanding | 11,744 | 11,500 |
Additional Paid in Capital | 4,641 | 0 |
Accumulated Deficit | (26,810) | (17,893) |
Total Stockholders' Equity | (10,425) | (6,393) |
Total Liabilities and Stockholder's Equity (Deficit) | $ 5,225 | $ 4,257 |
Statement of Financial Position
Statement of Financial Position - Parenthetical - $ / shares | Dec. 31, 2016 | Dec. 31, 2015 |
Balance Sheets | ||
Common Stock, Par Value | $ 0.001 | $ 0.001 |
Common Stock, Shares Authorized | 200,000,000 | 200,000,000 |
Common Stock, Shares Issued | 11,744,250 | 11,500,000 |
Common Stock, Shares Outstanding | 11,744,250 | 11,500,000 |
Condensed Statement of Operatio
Condensed Statement of Operations - Audited - USD ($) | 12 Months Ended | |
Dec. 31, 2016 | Dec. 31, 2015 | |
Revenue | ||
Revenues | ||
Total Revenues | ||
Operating Expenses | ||
Office and General | 417 | 3,164 |
Professional Fees | 8,500 | 11,900 |
Total Expenses, before provision of income taxes | 8,917 | 15,064 |
Provision for income taxes | ||
Net Loss | $ (8,917) | $ (15,064) |
Basic and Diluted Loss per Common Share | ||
Weighted Average Number of Common Shares Outstanding | 11,500,000 | 11,500,000 |
Statement of Shareholders' Equi
Statement of Shareholders' Equity - Audited - USD ($) | Common Stock | Additional Paid in Capital | Share Subscriptions Receivable | Accumulated Deficit | Total |
Balance, Value at Jul. 15, 2014 | $ 11,500 | $ (2,829) | $ 8,671 | ||
Balance, Shares at Jul. 15, 2014 | 11,500,000 | ||||
Net Loss | |||||
Balance, Value at Dec. 31, 2014 | $ 11,500 | $ (2,829) | $ 8,671 | ||
Balance, Shares at Dec. 31, 2014 | 11,500,000 | ||||
Net Loss | $ (15,064) | $ (15,064) | |||
Balance, Value at Dec. 31, 2015 | $ 11,500 | $ (17,893) | $ (6,393) | ||
Balance, Shares at Dec. 31, 2015 | 11,500,000 | ||||
Common shares issued at $0.020 on December 22, 2016, Value | $ 244 | $ 4,641 | $ 4,885 | ||
Common shares issued at $0.020 on December 22, 2016, Shares | 244,250 | ||||
Net Loss | $ (8,917) | $ (8,917) | |||
Balance, Value at Dec. 31, 2016 | $ 11,744 | $ 4,641 | $ (26,810) | $ (10,425) | |
Balance, Shares at Dec. 31, 2016 | 11,744,250 |
Statement of Cash Flows - Audit
Statement of Cash Flows - Audited - USD ($) | 12 Months Ended | |
Dec. 31, 2016 | Dec. 31, 2015 | |
Operating Activities | ||
Net Loss | $ (8,917) | $ (15,064) |
Adjustments to Reconcile Net Loss to net cash used in Operating Activities: | ||
Expenses paid on company's behalf by related party | 5,000 | |
Increase (Decrease) in Accrued Expenses | 2,000 | 4,950 |
Net Cash Provided by (Used in) Operating Activities | (6,917) | (5,114) |
Financing Activities | ||
Loan from related party | 3,000 | |
Proceeds from Sale of Common Stock | 4,885 | |
Net Cash Provided by Financing Activities | 7,885 | |
Net Increase (Decrease) in Cash | 968 | (5,114) |
Cash beginning of period | 4,257 | 9,371 |
Cash end of period | 5,225 | 4,257 |
Supplemental cash flow information and noncash financing activities: | ||
Interest | ||
Income taxes |