Momentous (MMNT) 10-Q 2 Jul 19 2019 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Feb. 28, 2019	Jun. 21, 2019
Document And Entity Information
Entity Registrant Name	MOMENTOUS HOLDINGS CORP.
Entity Central Index Key	0001653876
Document Type	10-Q
Document Period End Date	Feb. 28, 2019
Amendment Flag	false
Current Fiscal Year End Date	--05-31
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		34,015,000
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2019
Emerging Growth Company	true
Transition Period	false
Small Business Entity	true
Interactive data current?	Yes
Incorporation state	NV
Entity file number	333-20163
Entity shell company	false

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($)	Feb. 28, 2019	May 31, 2018
Current Assets
Cash	$ 5,320	$ 17
Accounts receivable	21,352	0
Inventories	7,980	0
Prepaid Taxes	150	1,559
Total Current Assets	34,802	1,576
Property and equipment, net	19,866	16,695
Trademarks	50,790	50,790
TOTAL ASSETS	105,458	69,061
Current Liabilities
Accounts payable	79,898	68,647
Bank overdraft	10,311	0
Taxes payable	35,383	0
Loan	5,674	0
Other liabilities	19,247	0
Advances from related party	55,200	23,860
Total Current Liabilities	205,713	92,507
Total Current Liabilities and Total Liabilities	205,713	92,507
Stockholders' Deficit
Preferred stock, $0.001 par value, 10,000,000 shares authorized; 0 shares issued and outstanding as of February 28, 2019 and May 31, 2018, respectively
Common stock, $0.001 par value, 75,000,000 shares authorized; 44,015,000 and 15,750,000 shares issued and outstanding as of February 28, 2019 and May 31, 2018, respectively	44,015	15,751
Additional paid-in capital	(49,254)	(15,750)
Accumulated deficit	(92,864)	(23,468)
Accumulated other comprehensive loss	(2,152)	21
Total Stockholders' Deficit	(100,255)	(23,447)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 105,458	$ 69,061

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Feb. 28, 2019	May 31, 2018
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.001	$ 0.001
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	$ 0.001	$ 0.001
Common stock, shares authorized	75,000,000	75,000,000
Common stock, shares issued	44,015,000	15,750,000
Common stock, shares outstanding	44,015,000	15,750,000

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Feb. 28, 2019	Feb. 28, 2018	Feb. 28, 2019	Feb. 28, 2018
Income Statement [Abstract]
Sales	$ 37,197	$ 0	$ 129,978	$ 0
Cost of sales	23,781	0	99,215	15,233
Gross profit	13,416	0	30,763	(15,233)
Operating Expenses
General and administrative expenses	32,628	959	100,159	6,311
Total Operating Expenses	32,628	959	100,159	6,311
Loss before Provision for Income Taxes	(19,212)	(959)	(69,396)	(21,544)
Provision for Income Taxes	0	0	0	0
Net Loss	(19,212)	(959)	(69,396)	(21,544)
Other Comprehensive Loss
Foreign currency translation adjustment	65	(33)	(1,170)	21
Total Comprehensive Loss	$ (19,147)	$ (992)	$ (70,566)	$ (21,523)
Net Loss per Share: Basic and Diluted	$ 0	$ 0	$ 0	$ 0
Weighted Average Number of Shares Outstanding: Basic and Diluted	29,638,958	15,750,000	21,855,037	15,750,000

Consolidated Statement of Stock

Consolidated Statement of Stockholders' Equity (Unaudited) - USD ($)	Common Stock	Additional Paid-In Capital	Retained Earnings / Accumulated Deficit	Other Comprehensive Income / Loss	Total
Beginning balance, shares at May. 31, 2017	15,750,000
Beginning balance, value at May. 31, 2017	$ 15,750	$ (15,750)	$ 0	$ 0	$ 0
Net loss			(20,585)		(20,585)
Ending balance, shares at Nov. 30, 2017	15,750,000
Ending balance, value at Nov. 30, 2017	$ 15,750	(15,750)	(20,585)	0	(20,585)
Beginning balance, shares at May. 31, 2017	15,750,000
Beginning balance, value at May. 31, 2017	$ 15,750	(15,750)	0	0	0
Net loss					(21,523)
Ending balance, shares at Feb. 28, 2018	15,750,000
Ending balance, value at Feb. 28, 2018	$ 15,750	(15,750)	(21,544)	(33)	(21,577)
Beginning balance, shares at Nov. 30, 2017	15,750,000
Beginning balance, value at Nov. 30, 2017	$ 15,750	(15,750)	(20,585)	0	(20,585)
Net loss			(959)	(33)	(992)
Ending balance, shares at Feb. 28, 2018	15,750,000
Ending balance, value at Feb. 28, 2018	$ 15,750	(15,750)	(21,544)	(33)	(21,577)
Net loss			(1,924)	54	(1,870)
Ending balance, shares at May. 31, 2018	15,750,000
Ending balance, value at May. 31, 2018	$ 15,750	(15,750)	(23,568)	21	(23,447)
Net loss			(50,184)	(1,235)	(51,419)
Ending balance, shares at Nov. 30, 2018	15,750,000
Ending balance, value at Nov. 30, 2018	$ 15,750	(15,750)	(73,652)	(1,214)	(74,866)
Beginning balance, shares at May. 31, 2018	15,750,000
Beginning balance, value at May. 31, 2018	$ 15,750	(15,750)	(23,568)	21	(23,447)
Net loss					(70,566)
Ending balance, shares at Feb. 28, 2019	44,015,000
Ending balance, value at Feb. 28, 2019	$ 44,015	(49,254)	(92,864)	(2,152)	(100,255)
Beginning balance, shares at Nov. 30, 2018	15,750,000
Beginning balance, value at Nov. 30, 2018	$ 15,750	(15,750)	(73,652)	(1,214)	(74,866)
Effect of reverse merger, shares	28,245,000
Effect of reverse merger, value	$ 28,245	(43,484)	0	(1,003)	(16,242)
Stock issued for cash, shares	20,000
Stock issued for cash, value	$ 20	9,980			10,000
Net loss			(19,212)	65	(19,147)
Ending balance, shares at Feb. 28, 2019	44,015,000
Ending balance, value at Feb. 28, 2019	$ 44,015	$ (49,254)	$ (92,864)	$ (2,152)	$ (100,255)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Feb. 28, 2019	Feb. 28, 2018
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (69,396)	$ (21,544)
Adjustments to reconcile net loss to net cash used in operating activities
Depreciation expense	2,865	0
Changes in assets and liabilities:
Accounts payable	11,251	51,077
Other liabilities	19,245	0
Accounts receivable	(21,352)	0
Inventories	7,980	0
Loss on disposal of fixed assets	3,019	0
Taxes	18,581	(1,276)
Net cash (used in) provided by operating activities	(27,807)	28,257
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment	(9,055)	(17,573)
Purchase of trademarks	0	(33,217)
Net cash used in investing activities	(9,055)	(50,790)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from loans	5,674	0
Bank overdraft	10,311	0
Proceeds from related party loans	27,350	22,610
Net cash provided by financing activities	43,335	22,610
Effect of exchange rate changes on cash	(1,170)	0
Changes in cash	5,303	77
Cash at beginning of period	17	0
Cash at end of period	$ 5,320	$ 77

1. Organization, Description of

1. Organization, Description of Business and Principles of Consolidation	9 Months Ended
	Feb. 28, 2019
Accounting Policies [Abstract]
Organization, Description of Business and Principles of Consolidation	NOTE 1 – ORGANIZATION, DESCRIPTION OF BUSINESS AND PRINCIPLES OF CONSOLIDATION Momentous Holdings Corp. (the “Company”) is engaged in the business of designing, producing, marketing and selling low carbon, eco-friendly alcoholic beverages. We were incorporated as Momentous Holdings Corp. on May 29, 2015 in the State of Nevada for the purpose of designing, acquiring and developing mobile apps and mobile software for download by end consumers. On December 31, 2018, the Company entered into a Share Exchange Agreement with Andrew Eddy (“Owner”), an individual residing in Great Britain and owner of 100% of the issued and outstanding capital shares of V Beverages Limited (“V Beverages”), a company organized under the laws of the United Kingdom (the “Share Exchange Agreement”). Pursuant to the Share Exchange Agreement, the Company acquired 100% of the issued and outstanding capital shares of V Beverages (the “Target Shares”). Upon the closing of the transactions under the Share Exchange Agreement, the Owner transferred the Target Shares to the Company in exchange for 15,750,000 shares of the Company’s common stock, par value $0.001. Following the acquisition of V Beverages, we ceased operations of our app, the original business of the Company. The transaction has been accounted for as a reverse merger, whereby V Beverages is considered to be the accounting acquirer and became a wholly-owned subsidiary of the Company. In accordance with the accounting treatment for a “reverse merger” or a “reverse acquisition,” the Company’s historical financial statements prior to the reverse merger were and will be replaced with the historical financial statements of V Beverages prior to the reverse merger and in all future filings with the U.S. Securities and Exchange Commission (the “SEC”). Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company and our wholly-owned subsidiaries. All intercompany transactions have been eliminated in full.

2. Summary of Significant Accou

2. Summary of Significant Accounting Policies	9 Months Ended
	Feb. 28, 2019
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of presentation The accompanying unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial statements and with Article 8 of Regulation S-X of the United States Securities and Exchange Commission (“SEC”). Accordingly, they do not contain all information and footnotes required by accounting principles generally accepted in the United States of America for annual financial statements. In the opinion of the Company’s management, the accompanying unaudited financial statements contain all the adjustments necessary (consisting only of normal recurring accruals) to present the financial position of the Company at February 28, 2019 and the results of operations and cash flows for the periods presented. The results of operations for the three and nine months ended February 28, 2019 are not necessarily indicative of the operating results for the full fiscal year or any future period. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Significant estimates and assumptions are required in the determination of the fair value of financial instruments and the valuation of long-lived and indefinite-lived assets. Some of these judgments can be subjective and complex, and, consequently, actual results may differ from these estimates. Cost of Sales Cost of sales consists of the costs of ingredients utilized in the production of spirits, manufacturing labor and overhead, warehousing rent, packaging, and in-bound freight charges. Ingredients account for the largest portion of the cost of sales, followed by packaging and production costs. Inventories Inventories primarily consist of bulk and bottled liquor and merchandise and are stated at the lower of cost or market. Cost is determined using an average costing methodology, which approximates cost under the first-in, first-out (FIFO) method. The Company regularly monitors inventory quantities on hand and records write-downs for excess and obsolete inventories based primarily on the Company’s estimated forecast of product demand and production requirements. Such write-downs establish a new cost basis of accounting for the related inventory. The Company has recorded no write-downs of inventories for the nine months ended February 28, 2019 and 2018. Property and Equipment Property and equipment is stated at cost less accumulated depreciation and amortization. Depreciation is computed using the straight-line method over the estimated useful lives of the assets, ranging from three to seven years. The cost and related accumulated depreciation and amortization of property and equipment sold or otherwise disposed of are removed from the accounts and any gain or loss is reported as current period income or expense. The costs of repairs and maintenance are expensed as incurred. Intangible Assets/Goodwill Goodwill represents the excess of the purchase price over the fair value of the net tangible and intangible assets acquired in a business combination. Goodwill is not amortized, but is tested for impairment on an annual basis and between annual tests in certain circumstances. An impairment charge is recognized for the excess of the carrying value of goodwill over its implied fair value. During the nine months ended February 28, 2019, we recorded $50,790 of intangible assets relating to the value of the trademarks with the acquisition of V Beverages Limited. We determined that the fair value of the intangible assets exceeded their carrying value and therefore the assets were not impaired. Cash The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents. Revenue Recognition The Company follows FASB ASC 605 “Revenue Recognition” and recognizes revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all of the following criteria are met: 1. persuasive evidence of an arrangement exists; 2. the product has been shipped or the services have been rendered to the customer; 3. the sales price is fixed or determinable; and, 4. collectability is reasonably assured. Income Taxes We use the asset and liability method of accounting for income taxes in accordance with ASC Topic 740, “Income Taxes.” Under this method, income tax expense is recognized for the amount of: (i) taxes payable or refundable for the current year and (ii) deferred tax consequences of temporary differences resulting from matters that have been recognized in an entity’s financial statements or tax returns. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the results of operations in the period that includes the enactment date. A valuation allowance is provided to reduce the deferred tax assets reported if based on the weight of the available positive and negative evidence, it is more likely than not some portion or all of the deferred tax assets will not be realized. ASC Topic 740.10.30 clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements and prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC Topic 740.10.40 provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. We have no material uncertain tax positions for any of the reporting periods presented. Net Loss Per Share Basic net income (loss) per share amounts are computed based on the weighted average number of shares actually outstanding. Diluted net income (loss) per share amounts are computed using the weighted average number of common shares and common equivalent shares outstanding as if shares had been issued on the exercise of any common share rights unless the exercise becomes antidilutive and then only the basic per share amounts are shown in the report. Foreign Currency Translation The functional currency of the Company is Great British Pounds (GBP). Assets and liabilities of our operations are translated into United States dollar equivalents using the exchange rates in effect at the balance sheet date. Revenues and expenses are translated using the average exchange rates during each period and equity accounts are translated at historical cost. Adjustments resulting from the process of translating foreign functional currency financial statements into U.S. dollars are included in accumulated other comprehensive loss in shareholders’ deficit. Recent Accounting Pronouncements From time to time new accounting pronouncements are issued by the Financial Accounting Standards Board or other standard setting bodies that may have an impact on the Company’s accounting and reporting. The Company believes that such recently issued accounting pronouncements and other authoritative guidance for which the effective date is in the future will not have an impact on its accounting or reporting or that such impact will not be material to its financial position, results of operations and cash flows when implemented.

3. Going Concern

3. Going Concern	9 Months Ended
	Feb. 28, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern	NOTE 3 - GOING CONCERN The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has generated limited revenues since inception, has an accumulated deficit of $92,864, a working capital deficit of $170,911 and has incurred losses since inception. These factors, among others, raise substantial doubt about the ability of the Company to continue as a going concern for a reasonable period of time. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty. The continuing operations of the Company are dependent upon its ability to continue to raise adequate financing and to commence profitable operations in the future and repay its liabilities arising from normal business operations as they become due. The Directors are also in agreement that they will make unsecured loans to the business as necessary until such future funding can be secured.

4. Inventories

4. Inventories	9 Months Ended
	Feb. 28, 2019
Inventory Disclosure [Abstract]
Inventories	NOTE 4 - INVENTORIES Inventories consist of the following: February 28, May 31, 2019 2018 Raw Materials $ 7,980 $ – Finished Goods – – Total $ 7,980 $ –

5. Property and Equipment

5. Property and Equipment	9 Months Ended
	Feb. 28, 2019
Property, Plant and Equipment [Abstract]
Property and Equipment	NOTE 5 - PROPERTY AND EQUIPMENT Property and equipment was purchased for the production of revenues and was comprised as follows: February 28, May 31, 2019 2018 Equipment $ 22,731 $ 16,695 Less accumulated depreciation 2,865 – Equipment, net $ 19,866 $ 16,695 Property and equipment is depreciated over the useful lives of the assets beginning when placed in service. Depreciation expense was $2,865 and $0 for the nine months ended February 28, 2019 and 2018, respectively.

6. Related Party Transactions

6. Related Party Transactions	9 Months Ended
	Feb. 28, 2019
Related Party Transactions [Abstract]
Related Party Transactions	NOTE 6 - RELATED PARTY TRANSACTIONS As of February 28, 2019, and May 31, 2018, the balance of the amounts due to the current and former directors was $55,200 and $23,860, respectively. The amounts loaned to and from the directors are unsecured, non-interest bearing, and due on demand.

7. Loans

7. Loans	9 Months Ended
	Feb. 28, 2019
Debt Disclosure [Abstract]
7. Loans	NOTE 7 – LOANS As of February 28, 2019, and May 31, 2018, the amount of bank loans outstanding was $5,674 and $0, respectively.

8. Capital Stock

8. Capital Stock	9 Months Ended
	Feb. 28, 2019
Equity [Abstract]
Capital Stock	NOTE 8 – CAPITAL STOCK 15,750,000 shares of common stock were issued in consideration for the Share Exchange Agreement referred to in Note 1. On February 18, 2019, we issued 20,000 shares of common stock for cash in the amount of $0.50 per share for a total of $10,000. After the effect of the reverse merger, there were 44,015,000 shares of common stock issued and outstanding at February 28, 2019. There were no shares of preferred stock issued and outstanding at February 28, 2019.

9. Subsequent Events

9. Subsequent Events	9 Months Ended
	Feb. 28, 2019
Subsequent Events [Abstract]
Subsequent Events	NOTE 9 – SUBSEQUENT EVENTS We evaluated all events or transactions that occurred after the balance sheet date through the date when we issued these financial statements and have the following material recognizable subsequent events during this period, in addition to events described elsewhere in the financial statements: On April 05, 2019, we issued 50,000 shares of common stock for cash in the amount of $0.50 per share for a total of $25,000. On April 17, 2019, the Company agreed with James Horan, a shareholder of the Company, for the cancellation 10,000,000 shares of the Company’s common stock. The Company did not receive any payment for the cancellation of such shares. On May 02, 2019, we issued 50,000 shares of common stock for cash in the amount of $0.50 per share for a total of $25,000.

2. Summary of Significant Acc_2

2. Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Feb. 28, 2019
Accounting Policies [Abstract]
Basis of Presentation	Basis of presentation The accompanying unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial statements and with Article 8 of Regulation S-X of the United States Securities and Exchange Commission (“SEC”). Accordingly, they do not contain all information and footnotes required by accounting principles generally accepted in the United States of America for annual financial statements. In the opinion of the Company’s management, the accompanying unaudited financial statements contain all the adjustments necessary (consisting only of normal recurring accruals) to present the financial position of the Company at February 28, 2019 and the results of operations and cash flows for the periods presented. The results of operations for the three and nine months ended February 28, 2019 are not necessarily indicative of the operating results for the full fiscal year or any future period.
Use of estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Significant estimates and assumptions are required in the determination of the fair value of financial instruments and the valuation of long-lived and indefinite-lived assets. Some of these judgments can be subjective and complex, and, consequently, actual results may differ from these estimates.
Cost of Sales	Cost of Sales Cost of sales consists of the costs of ingredients utilized in the production of spirits, manufacturing labor and overhead, warehousing rent, packaging, and in-bound freight charges. Ingredients account for the largest portion of the cost of sales, followed by packaging and production costs.
Inventories	Inventories Inventories primarily consist of bulk and bottled liquor and merchandise and are stated at the lower of cost or market. Cost is determined using an average costing methodology, which approximates cost under the first-in, first-out (FIFO) method. The Company regularly monitors inventory quantities on hand and records write-downs for excess and obsolete inventories based primarily on the Company’s estimated forecast of product demand and production requirements. Such write-downs establish a new cost basis of accounting for the related inventory. The Company has recorded no write-downs of inventories for the nine months ended February 28, 2019 and 2018.
Property and Equipment	Property and Equipment Property and equipment is stated at cost less accumulated depreciation and amortization. Depreciation is computed using the straight-line method over the estimated useful lives of the assets, ranging from three to seven years. The cost and related accumulated depreciation and amortization of property and equipment sold or otherwise disposed of are removed from the accounts and any gain or loss is reported as current period income or expense. The costs of repairs and maintenance are expensed as incurred.
Intangible Assets/Goodwill	Intangible Assets/Goodwill Goodwill represents the excess of the purchase price over the fair value of the net tangible and intangible assets acquired in a business combination. Goodwill is not amortized, but is tested for impairment on an annual basis and between annual tests in certain circumstances. An impairment charge is recognized for the excess of the carrying value of goodwill over its implied fair value. During the nine months ended February 28, 2019, we recorded $50,790 of intangible assets relating to the value of the trademarks with the acquisition of V Beverages Limited. We determined that the fair value of the intangible assets exceeded their carrying value and therefore the assets were not impaired.
Cash	Cash The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents.
Revenue Recognition	Revenue Recognition The Company follows FASB ASC 605 “Revenue Recognition” and recognizes revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all of the following criteria are met: 1. persuasive evidence of an arrangement exists; 2. the product has been shipped or the services have been rendered to the customer; 3. the sales price is fixed or determinable; and, 4. collectability is reasonably assured.
Income Taxes	Income Taxes We use the asset and liability method of accounting for income taxes in accordance with ASC Topic 740, “Income Taxes.” Under this method, income tax expense is recognized for the amount of: (i) taxes payable or refundable for the current year and (ii) deferred tax consequences of temporary differences resulting from matters that have been recognized in an entity’s financial statements or tax returns. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the results of operations in the period that includes the enactment date. A valuation allowance is provided to reduce the deferred tax assets reported if based on the weight of the available positive and negative evidence, it is more likely than not some portion or all of the deferred tax assets will not be realized. ASC Topic 740.10.30 clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements and prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC Topic 740.10.40 provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. We have no material uncertain tax positions for any of the reporting periods presented.
Net Loss Per Share	Net Loss Per Share Basic net income (loss) per share amounts are computed based on the weighted average number of shares actually outstanding. Diluted net income (loss) per share amounts are computed using the weighted average number of common shares and common equivalent shares outstanding as if shares had been issued on the exercise of any common share rights unless the exercise becomes antidilutive and then only the basic per share amounts are shown in the report.
Foreign Currency Translation	Foreign Currency Translation The functional currency of the Company is Great British Pounds (GBP). Assets and liabilities of our operations are translated into United States dollar equivalents using the exchange rates in effect at the balance sheet date. Revenues and expenses are translated using the average exchange rates during each period and equity accounts are translated at historical cost. Adjustments resulting from the process of translating foreign functional currency financial statements into U.S. dollars are included in accumulated other comprehensive loss in shareholders’ deficit.
Recent Accounting Pronouncements	Recent Accounting Pronouncements From time to time new accounting pronouncements are issued by the Financial Accounting Standards Board or other standard setting bodies that may have an impact on the Company’s accounting and reporting. The Company believes that such recently issued accounting pronouncements and other authoritative guidance for which the effective date is in the future will not have an impact on its accounting or reporting or that such impact will not be material to its financial position, results of operations and cash flows when implemented.

4. Inventories (Tables)

4. Inventories (Tables)	9 Months Ended
	Feb. 28, 2019
Inventory Disclosure [Abstract]
Schedule of inventory	February 28, May 31, 2019 2018 Raw Materials $ 7,980 $ – Finished Goods – – Total $ 7,980 $ –

5. Property and Equipment (Tabl

5. Property and Equipment (Tables)	9 Months Ended
	Feb. 28, 2019
Property, Plant and Equipment [Abstract]
Schedule of property and equipment	February 28, May 31, 2019 2018 Equipment $ 22,731 $ 16,695 Less accumulated depreciation 2,865 – Equipment, net $ 19,866 $ 16,695

2. Summary of Significant Acc_3

2. Summary of Significant Accounting Policies (Details Narrative)	Feb. 28, 2019USD ($)
Trademarks [Member]
Intangible assets	$ 50,790

3. Going Concern (Details Narra

3. Going Concern (Details Narrative) - USD ($)	Feb. 28, 2019	May 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accumulated deficit	$ (92,864)	$ (23,468)
Working capital	$ (170,911)

4. Inventories (Details)

4. Inventories (Details) - USD ($)	Feb. 28, 2019	May 31, 2018
Inventory Disclosure [Abstract]
Raw materials	$ 7,980	$ 0
Finished goods	0	0
Total inventory	$ 7,980	$ 0

5. Property and Equipment (Deta

5. Property and Equipment (Details) - USD ($)	Feb. 28, 2019	May 31, 2018
Property, Plant and Equipment [Abstract]
Equipment gross	$ 22,731	$ 16,695
Less accumulated depreciation	2,865	0
Equipment, net	$ 19,866	$ 16,695

6. Related Party Transactions (

6. Related Party Transactions (Details Narrative) - USD ($)	Feb. 28, 2019	May 31, 2018
Related Party Transactions [Abstract]
Amounts due to a director	$ 55,200	$ 23,860

7. Loans (Details Narrative)

7. Loans (Details Narrative) - USD ($)	Feb. 28, 2019	May 31, 2018
Debt Disclosure [Abstract]
Bank loans outstanding	$ 5,674	$ 0

8. Capital Stock (Details Narra

8. Capital Stock (Details Narrative) - USD ($)	3 Months Ended	9 Months Ended
	Feb. 28, 2019	Feb. 28, 2019	May 31, 2018
Preferred stock, shares issued	0	0	0
Preferred stock, shares outstanding	0	0	0
Common stock, shares issued	44,015,000	44,015,000	15,750,000
Common stock, shares outstanding	44,015,000	44,015,000	15,750,000
Stock issued for cash, value	$ 10,000
Common Stock [Member]
Stock issued for cash, shares		20,000
Stock issued for cash, value		$ 10,000
Share Exchange Agreement [Member]
Stock issued for acquisition, shares		15,750,000