| Document and Entity Information - shares | 6 Months Ended | |
| Jan. 31, 2019 | Feb. 20, 2019 | |
| Document And Entity Information | ||
| Entity Registrant Name | LHI Acquisition Corp | |
| Entity Central Index Key | 1,711,438 | |
| Document Type | 10-Q | |
| Document Period End Date | Jan. 31, 2019 | |
| Amendment Flag | false | |
| Current Fiscal Year End Date | --07-31 | |
| Is Entity's Reporting Status Current? | Yes | |
| Entity Filer Category | Non-accelerated Filer | |
| Entity Common Stock, Shares Outstanding | 20,000,000 | |
| Document Fiscal Period Focus | Q2 | |
| Document Fiscal Year Focus | 2,019 | |
| Entity Emerging Growth Company | true | |
| Entity Small Business | true | |
| Entity Ex Transition Period | false |
| CONDENSED BALANCE SHEETS - USD ($) | Jan. 31, 2019 | Jul. 31, 2018 |
| Current assets | ||
| Cash | ||
| Total assets | ||
| Current liabilities | ||
| Accounts Payable - Related Party | 19,819 | 11,899 |
| Total liabilities | 19,819 | 11,899 |
| Commitments and contingencies | ||
| Stockholder's Deficit | ||
| Preferred Stock; $0.0001 par value, 20,000,000 shares authorized; no shares issued and outstanding | ||
| Common Stock; $0.0001 par value, 500,000,000 shares authorized; 20,000,000 shares issued and outstanding | 2,000 | 2,000 |
| Additional Paid-in Capital | (1,000) | (1,000) |
| Accumulated Deficit | (20,819) | (12,899) |
| Total stockholder's deficit | (19,819) | (11,899) |
| Total liabilities and stockholder's deficit |
| CONDENSED BALANCE SHEETS (Parenthetical) - $ / shares | Jan. 31, 2019 | Jul. 31, 2018 |
| Stockholder's Deficit | ||
| Preferred Stock, par value | $ 0.0001 | $ 0.0001 |
| Preferred Stock, shares authorized | 20,000,000 | 20,000,000 |
| Preferred Stock, shares issued | 0 | 0 |
| Preferred Stock, shares outstanding | 0 | 0 |
| Common stock, par value | $ 0.0001 | $ 0.0001 |
| Common stock, shares authorized | 500,000,000 | 500,000,000 |
| Common stock, shares issued | 20,000,000 | 20,000,000 |
| Common stock, shares outstanding | 20,000,000 | 20,000,000 |
| CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) | 3 Months Ended | 6 Months Ended | ||
| Jan. 31, 2019 | Jan. 31, 2018 | Jan. 31, 2019 | Jan. 31, 2018 | |
| Condensed Statements Of Operations | ||||
| REVENUE | ||||
| OPERATING EXPENSES | ||||
| Selling, general, and administrative expense | 7,251 | 2,176 | 7,920 | 6,921 |
| TOTAL OPERATING EXPENSES | 7,251 | 2,176 | 7,920 | 6,921 |
| Net loss | $ (7,251) | $ (2,176) | $ (7,920) | $ (6,921) |
| Loss per share - basic and diluted | $ 0 | $ 0 | $ 0 | $ 0 |
| Weighted average shares - basic and diluted | 20,000,000 | 20,000,000 | 20,000,000 | 20,000,000 |
| CONDENSED STATEMENT OF STOCKHOLDER’S DEFICIT (UNAUDITED) - 6 months ended Jan. 31, 2019 - USD ($) | Common Shares | Additional Paid-In Capital | Accumulated Deficit | Total |
| Beginning Balance, Shares at Jul. 31, 2018 | 20,000,000 | |||
| Beginning Balance, Amount at Jul. 31, 2018 | $ 2,000 | $ (1,000) | $ (12,899) | $ (11,899) |
| Net loss | (7,920) | (7,920) | ||
| Ending Balance, Shares at Jan. 31, 2019 | 20,000,000 | |||
| Ending Balance, Amount at Jan. 31, 2019 | $ 2,000 | $ (1,000) | $ (20,819) | $ (19,819) |
| CONDENSED STATEMENTS OF CASH FLOW (Unaudited) - USD ($) | 6 Months Ended | |
| Jan. 31, 2019 | Jan. 31, 2018 | |
| OPERATING ACTIVITIES | ||
| Net Loss | $ (7,920) | $ (6,921) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Expenses paid by related party | 7,920 | 6,921 |
| Cash from operating activities | ||
| Net Change in cash | ||
| Cash, beginning of period | ||
| Cash, end of period | ||
| NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | 6 Months Ended |
| Jan. 31, 2019 | |
| Notes to Financial Statements | |
| NOTE 1 - NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | NATURE OF OPERATIONS LHI ACQUISITION CORPORATION (“LHI Acquisition” or “the Company”) was incorporated on July 17, 2017 under the laws of the State of Nevada to engage in any lawful corporate undertaking, including, but not limited to, selected mergers and acquisitions. The Company’s operations to date have been limited to issuing shares to its original shareholder. The Company will attempt to locate and negotiate with a business entity for the combination of that target company with the Company. The Company has been formed to provide a method for a foreign or domestic private company to become a reporting company with a class of securities registered under the Securities Exchange Act of 1934. BASIS OF PRESENTATION The summary of significant accounting policies presented below is designed to assist in understanding the Company’s financial statements. Such financial statements and accompanying notes are the representations of the Company’s management, who are responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the United States of America (“GAAP”) in all material respects, and have been consistently applied in preparing the accompanying financial statements. In the opinion of management, all adjustments necessary to present the financial position, results of operations and cash flows for the stated periods have been made. Except as described below, these adjustments consist only of normal and recurring adjustments. Certain information and note disclosures normally included in the Company’s annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) have been condensed or omitted. These condensed financial statements should be read in conjunction with the Company’s financial statements and notes thereto included on the Company’s Form 10, for the year ended July 31, 2018. Interim results of operations for the three and six months ended January 31, 2019, are not necessarily indicative of future results for the full year. USE OF ESTIMATES The preparation of financial statements in conformity with GAAP 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 of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. CASH AND CASH EQUIVALENTS Cash and cash equivalents include cash on hand and on deposit at banking institutions as well as all highly liquid short-term investments with original maturities of 90 days or less. CONCENTRATION OF 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. As of January 31, 2019 the company had no cash. 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. As of January 31, 2019, there were no deferred taxes. LOSS PER COMMON SHARE Basic loss per common share excludes dilution and is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted loss per common share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the entity. As of January 31, 2019 and 2018, the Company had no potentially dilutive shares. FAIR VALUE OF FINANCIAL INSTRUMENTS The carrying amount of the Company’s financial assets and liabilities approximates their fair values due to their short term maturities. RECENT ACCOUNTING PRONOUCEMENTS The Company does not expect the adoption of any recent accounting pronouncements to have a material impact on its financial statements. |
| GOING CONCERN | 6 Months Ended |
| Jan. 31, 2019 | |
| Notes to Financial Statements | |
| NOTE 2 - GOING CONCERN | The Company has had no revenue since its inception on July 17, 2017. The Company’s continuation as a going concern is dependent on its ability to generate sufficient cash flows from operations to meet its obligations, which it has not been able to accomplish to date. These financial statements have been prepared on a going concern basis, which implies the Company will continue to meet its obligations and continue its operations for the next fiscal year. The continuation of the Company as a going concern is dependent upon financial support from its stockholder, the ability of the Company to obtain necessary equity financing to continue operations, or successfully locating and negotiating with a business entity for the combination of that target company with the Company. Ludvik Holdings, Inc., the company’s sole shareholder, will pay all expenses incurred by the Company until a business combination is affected. There is no assurance that the Company will ever be profitable. The Company has no formal agreement or understanding with Ludvik. There is no obligation from Ludvik to provide any financing, consulting, finder or other services to the Company and there can be no assurances that any financing or other services will be provided by Ludvik. |
| STOCKHOLDER'S EQUITY | 6 Months Ended |
| Jan. 31, 2019 | |
| Notes to Financial Statements | |
| NOTE 3 - STOCKHOLDER'S EQUITY | The Company is authorized to issue 500,000,000 shares of common stock and 20,000,000 shares of preferred stock. As of January 31, 2019, 20,000,000 shares of common stock and no shares of preferred stock were issued and outstanding. |
| RELATED PARTY TRANSACTIONS | 6 Months Ended |
| Jan. 31, 2019 | |
| Notes to Financial Statements | |
| NOTE 4 - RELATED PARTY TRANSACTIONS | Ludvik Holdings, Inc. (“Ludvik”), the company’s sole shareholder, will pay all expenses incurred by the Company until a business combination is effected. The Company has no formal agreement or understanding with Ludvik. There is no obligation from Ludvik to provide any financing, consulting, finder or other services to the Company and there can be no assurances that any financing or other services will be provided by Ludvik. During the three month period ended January 31, 2019 and the six months ending January 31, 2019, Ludvik paid expenses of $7,251 and $7,920, respectively, on behalf of the Company. The total amount due to Ludvik as of July 31, 2018 and January 31, 2019 was $11,899 and $19,819. |
| NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) | 6 Months Ended |
| Jan. 31, 2019 | |
| Nature Of Operations And Summary Of Significant Accounting Policies | |
| NATURE OF OPERATIONS | LHI ACQUISITION CORPORATION (“LHI Acquisition” or “the Company”) was incorporated on July 17, 2017 under the laws of the State of Nevada to engage in any lawful corporate undertaking, including, but not limited to, selected mergers and acquisitions. The Company’s operations to date have been limited to issuing shares to its original shareholder. The Company will attempt to locate and negotiate with a business entity for the combination of that target company with the Company. The Company has been formed to provide a method for a foreign or domestic private company to become a reporting company with a class of securities registered under the Securities Exchange Act of 1934. |
| BASIS OF PRESENTATION | The summary of significant accounting policies presented below is designed to assist in understanding the Company’s financial statements. Such financial statements and accompanying notes are the representations of the Company’s management, who are responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the United States of America (“GAAP”) in all material respects, and have been consistently applied in preparing the accompanying financial statements. In the opinion of management, all adjustments necessary to present the financial position, results of operations and cash flows for the stated periods have been made. Except as described below, these adjustments consist only of normal and recurring adjustments. Certain information and note disclosures normally included in the Company’s annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) have been condensed or omitted. These condensed financial statements should be read in conjunction with the Company’s financial statements and notes thereto included on the Company’s Form 10, for the year ended July 31, 2018. Interim results of operations for the three and six months ended January 31, 2019, are not necessarily indicative of future results for the full year. |
| USE OF ESTIMATES | The preparation of financial statements in conformity with GAAP 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 of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. |
| CASH AND CASH EQUIVALENTS | Cash and cash equivalents include cash on hand and on deposit at banking institutions as well as all highly liquid short-term investments with original maturities of 90 days or less. |
| CONCENTRATION OF 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. As of January 31, 2019 the company had no cash. |
| 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. As of January 31, 2019, there were no deferred taxes. |
| LOSS PER COMMON SHARE | Basic loss per common share excludes dilution and is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted loss per common share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the entity. As of October 31, 2018 and 2017, the Company had no potentially dilutive shares. |
| FAIR VALUE OF FINANCIAL INSTRUMENTS | The carrying amount of the Company’s financial assets and liabilities approximates their fair values due to their short term maturities. |
| RECENT ACCOUNTING PRONOUCEMENTS | The Company does not expect the adoption of any recent accounting pronouncements to have a material impact on its financial statements. |
| NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) | 6 Months Ended |
| Jan. 31, 2019 | |
| Nature Of Operations And Summary Of Significant Accounting Policies Details Narrative Abstract | |
| State or country of incorporation | Nevada |
| Date of incorporation | Jul. 17, 2017 |
| STOCKHOLDER'S EQUITY (Details Narrative) - shares | Jan. 31, 2019 | Jul. 31, 2018 |
| Stockholders Equity | ||
| Common stock, shares authorized | 500,000,000 | 500,000,000 |
| Preferred stock, shares authorized | 20,000,000 | 20,000,000 |
| Common stock, shares issued | 20,000,000 | 20,000,000 |
| Common stock, shares outstanding | 20,000,000 | 20,000,000 |
| Preferred stock, shares issued | 0 | 0 |
| Preferred stock, shares outstanding | 0 | 0 |
| RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($) | 3 Months Ended | 6 Months Ended | ||
| Jan. 31, 2019 | Jan. 31, 2019 | Jan. 31, 2018 | Jul. 31, 2018 | |
| Expenses paid by related party | $ 7,920 | $ 6,921 | ||
| Accounts Payable - Related Party | $ 19,819 | 19,819 | $ 11,899 | |
| Ludvik Holdings, Inc [Member] | ||||
| Expenses paid by related party | 7,251 | 7,920 | ||
| Accounts Payable - Related Party | $ 19,819 | $ 19,819 | $ 11,899 | |
