| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) | 12 Months Ended |
| Nov. 30, 2022 |
| Accounting Policies [Abstract] | |
| Basis of presentation | Basis
of presentation The
financial statements for Leader Hill Corporation for the year ended November 30, 2022 are prepared in accordance with accounting principles
generally accepted in the United States of America (“US GAAP”) The Company has adopted November 30 as its fiscal year end. |
| Use of estimates | Use
of estimates Management
uses estimates and assumptions in preparing these financial statements in accordance with US GAAP. Those estimates and assumptions affect
the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities in the balance sheets, and the reported
revenue and expenses during the periods reported. Actual results may differ from these estimates. |
| Revenue recognition | Revenue
recognition The
Company adopted Accounting Standards Codification (“ASC”) 606. ASC 606, Revenue from Contracts with Customers, establishes
principles for reporting information about the nature, amount, timing and uncertainty of revenue and cash flows arising from the entity’s
contracts to provide goods or services to customers. The core principle requires an entity to recognize revenue to depict the transfer
of goods or services to customers in an amount that reflects the consideration that it expects to be entitled to receive in exchange
for those goods or services recognized as performance obligations are satisfied. The
Company has assessed the impact of the guidance by performing the following five steps analysis: Step
1: Identify the contract Step
2: Identify the performance obligations Step
3: Determine the transaction price Step
4: Allocate the transaction price Step
5: Recognize revenue Based
on the assessment, the Company concluded that there was no change to the timing and pattern of revenue recognition for its current revenue
streams in scope of Topic 606 and therefore there were no material changes to the Company’s financial statements upon adoption
of ASC 606. Revenue
is measured at the fair value of the consideration received or receivable, net of discounts and taxes applicable to the revenue. Revenue
from supplies of consulting services is recognized when title and risk of loss are transferred and there are no continuing obligations
to the customer. Title and the risks and rewards of ownership transfer to and accepted by the customer when the services are collected
by the customer at the Company’s office. Revenue is recorded net of sales discounts, returns, allowances, and other adjustments
that are based upon management’s best estimates and historical experience and are provided for in the same period as the related
revenues are recorded. Based on limited operating history, management estimates that there was no sales return for the period reported. The
Company derives its revenue from direct sales to individuals and business companies. Generally, the Company recognizes revenue when services
are sold and accepted by the customers and there are no continuing obligations to the customer. |
| General and Administrative Expenses | General
and Administrative Expenses For
the year ended November 30, 2022, the Company has incurred a general and administrative expenses of $ 48,934 For
the year ended November 30, 2021, the Company has incurred a general and administrative expenses of $ 33,900 |
| Cash and cash equivalents | Cash
and cash equivalents Cash
and cash equivalents are carried at cost and represent cash on hand, demand deposits placed with banks or other financial institutions
and all highly liquid investments with an original maturity of three months or less as of the purchase date of such investments. Our
cash and cash equivalents are $ Nil Nil |
| Accounts receivable | Accounts
receivable Accounts
receivable are recorded at the invoiced amount less an allowance for any uncollectible accounts and do not bear interest, which are due
on demand. Management reviews the adequacy of the allowance for doubtful accounts on an ongoing basis, using historical collection trends
and aging of receivables. Management also periodically evaluates individual customer’s financial condition, credit history, and
the current economic conditions to adjust in the allowance when it is considered necessary. Account
balances are charged off against the allowance after all means of collection have been exhausted and the potential for recovery is considered
remote, there is no |
| Plant and equipment | Plant
and equipment Plant
and equipment are stated at cost less accumulated depreciation and accumulated impairment losses, if any. Depreciation is calculated
on the straight-line basis over the following expected useful lives from the date on which they become fully operational: SCHEDULE OF PROPERTY AND EQUIPMENT EXPECTED USEFUL LIVES
Categories Estimated
useful life
Office equipment 2 years From
September 1, 2022, the office equipment’s estimated useful life had been revised to 2 Expenditures
for maintenance and repairs are expensed as incurred. The gain or loss on the disposal of plant and equipment is the difference between
the net sales proceeds and the carrying amount of the relevant assets and is recognized in the statement of operations. Depreciation
and amortization expense, classified as operating expenses, was $ 333 542 |
| Income taxes | Income
taxes Income
taxes are determined in accordance with the provisions of ASC Topic 740, “Income Taxes” (“ASC 740”). Under this
method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial
statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are
measured using enacted income tax rates expected to apply to taxable income in the periods in which those temporary differences are expected
to be recovered or settled. Any effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the
period that includes the enactment date. ASC
740 prescribes a comprehensive model for how companies should recognize, measure, present, and disclose in their financial statements
uncertain tax positions taken or expected to be taken on a tax return. Under ASC 740, tax positions must initially be recognized in the
financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax
positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50% As
of November 30, 2022 and 2021, there were no deferred taxes due to the uncertainty of the realization of net operating loss or carry
forward prior to expiration. |
| Net income/ (loss) per share | Net
income/ (loss) per share The
Company calculates net income/ (loss) per share in accordance with ASC Topic 260 “Earnings per share”. Basic income/ (loss)
per share is computed by dividing the net loss by the weighted average number of common shares outstanding during the period. Diluted
loss per share is computed similar to basic income/ (loss) per share except that the denominator is increased to include the number of
additional common shares that would have been outstanding if the potential common stock equivalents had been issued and if the additional
common shares were dilutive. |
| Related parties | Related
parties Parties,
which can be a corporation or individual, are considered to be related if the Company has the ability, directly or indirectly, to control
the other party or exercise significant influence over the other party in making financial and operating decisions. Companies are also
considered to be related if they are subject to common control or common significant influence. |
| Fair value of financial instruments | Fair
value of financial instruments The
carrying value of the Company’s financial instruments: cash and cash equivalents, receivables, accounts payable and amount due
to a director approximate at their fair values because of the short-term nature of these financial instruments. The
Company also follows the guidance of the ASC Topic 820-10, “Fair Value Measurements and Disclosures” (“ASC 820-10”),
with respect to financial assets and liabilities that are measured at fair value. ASC 820-10 establishes a three-tier fair value hierarchy
that prioritizes the inputs used in measuring fair value as follows:
Level 1: Observable inputs
such as quoted prices in active markets;
Level 2: Inputs, other
than the quoted prices in active markets, that are observable either directly or indirectly; and
Level 3: Unobservable inputs
in which there is little or no market data, which require the reporting entity to develop its own assumptions. The
Company has reviewed all recently issued, but not yet effective, accounting pronouncements and does not believe the future adoption of
any such pronouncements may be expected to cause a material impact on its financial condition or the results of its operations. |
