| Summary of Significant Accounting Policies | NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES Use of Estimates The preparation of financial statements in
conformity with accounting principles generally accepted in the United States of America requires management to make estimates
and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported
amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Cash and Cash Equivalents The Company considers all highly liquid instruments
with a maturity of three months or less at the time of issuance to be cash equivalents. There were no cash equivalents as of December
31, 2017 and December 31, 2016, respectively. Concentration of Credit Risk Financial instruments that potentially subject
the Company to concentrations of credit risk consist principally of cash. The Company places its cash with high quality banking
institutions. The Company did not have cash balances in excess of the Federal Deposit Insurance Corporation limit as of December
31, 2017 and 2016, respectively. Foreign Currency Translation The Company has functional currencies in the
United States dollar and British Pounds Sterling and its reporting currency is the United States dollar. Management has adopted
ASC 830-20, Foreign Currency Matters – Foreign Currency Transactions Other Comprehensive Loss ASC 220, Other Comprehensive Loss, Fair Value of Financial Instruments In accordance with ASC 820, the carrying value
of cash and cash equivalents and accounts payable approximates fair value due to the short-term maturity of these instruments.
ASC 820 clarifies the definition of fair value, prescribes methods for measuring fair value, and establishes a fair value hierarchy
to classify the inputs used in measuring fair value as follows: Level 1- Inputs are unadjusted quoted prices
in active markets for identical assets or liabilities available at the measurement date. Level 2- Inputs are unadjusted quoted prices
for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets
that are not active, inputs other than quoted prices that are observable, and inputs derived from or corroborated by observable
market data. Level 3- Inputs are unobservable inputs which
reflect the reporting entity’s own assumptions on what assumptions the market participants would use in pricing the asset
or liability based on the best available information. The carrying amounts reported in the balance
sheets for cash, accounts payable and accrued expenses approximate their fair market value based on the short-term maturity of
these instruments. Income Taxes Under ASC 740, “Income Taxes,”
deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between
the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. 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. Valuation allowances are established when it is more likely than not that
some or all of the deferred tax assets will not be realized. The Company has evaluated Staff Accounting Bulletin No. 118 regarding
the impact of the decreased tax rates of the Tax Cuts & Jobs Act, and have presented the Federal tax provision, deferred tax
asset, and valuation allowance using the new rates adjusted in the period of enactment. At December 31, 2017 and 2016 the Company
had net operating loss carryforwards (NOL's) of approximately $35,687 and $7,562 respectively, which may be applied against future
taxable income and which expire beginning in 2036. However, if certain substantial changes in the Company's ownership should occur,
there could be an annual limitation on the amount of net operating loss carryforwards that can be utilized. The amount of and ultimate
realization of the benefits from the operating loss carryforwards for income tax purposes is dependent, in part, upon the tax laws
in effect, the future earnings of the Company, and other future events, the effects of which cannot be determined. Because of the
uncertainty surrounding the realization of the loss carryforwards, the Company has established a valuation allowance equal to the
tax effect (2017: 26% - 21% federal and 5% state; 2016: 35% - 30% federal and 5% state) of the loss carryforwards of approximately
$9,300 and $2,700 at December 31, 2017 and 2016, respectively, and therefore, no deferred tax asset has been recognized for the
loss carryforwards. The change in valuation allowance is approximately $6,600 and $2,700 for the periods ended December 31, 2017
and 2016, respectively. The tax effect of remaining NOL's and resulting deferred tax assets remain fully reserved by valuation
allowance, due to continued uncertainty as to their utilization. As of December 31, 2017 and December 31, 2016, there were no deferred
taxes due to the uncertainty of the realization of net operating loss or carry forward prior to expiration. Net Loss per Share The computation of earnings per share of common
stock is based on the weighted average number of shares outstanding at the date of the consolidated financial statements. The
net income (loss) per share is computed by dividing the net income (loss) by the weighted average number of shares of common outstanding.
As of December 31, 2017 and December 31, 2016, there are no potentially dilutive common stock equivalents. |
