Lux Amber (LXAM) 10-Q 9 Sep 19 2020 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Jul. 31, 2019	Sep. 03, 2019
Document And Entity Information
Entity Registrant Name	Lux Amber, Corp.
Entity Central Index Key	0001740695
Document Type	10-Q
Amendment Flag	false
Current Fiscal Year End Date	--04-30
Entity Small Business	true
Entity Shell Company	true
Entity Emerging Growth Company	true
Entity Current Reporting Status	Yes
Document Period End Date	Jul. 31, 2019
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2020
Entity Ex Transition Period	true
Entity Common Stock Shares Outstanding		3,150,000

BALANCE SHEET

BALANCE SHEET - USD ($)	Jul. 31, 2019	Apr. 30, 2019
ASSETS
Cash and cash equivalents	$ 7,680	$ 14,215
Total current assets	7,680	14,215
Developed website, net
Impairment loss
Total Assets	7,680	14,215
Liabilities
Accounts Payable	20,250	15,750
Director loan	10,022	9,852
Interest payable	1,250	875
Accrued Expenses	2,000	4,000
Total current liabilities	33,522	30,477
Long-term note payable	15,000	15,000
Total Liabilities	48,522	45,477
Stockholders' Equity (Deficit)
Common stock, $0.0001 par value, 75,000,000 shares authorized; 3,150,000 shares issued and outstanding;	315	315
Additional paid-in-capital	22,885	22,885
Accumulated deficit	(64,042)	(54,462)
Total Stockholders' Equity (Deficit)	(40,842)	(31,262)
Total Liabilities and Stockholders' Equity	$ 7,680	$ 14,215

BALANCE SHEET (Parenthetical)

BALANCE SHEET (Parenthetical) - $ / shares	Jul. 31, 2019	Apr. 30, 2019
Stockholders' Equity (Deficit)
Common stock, shares par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	75,000,000	75,000,000
Common stock, shares issued	3,150,000	3,150,000
Common stock, shares outstanding	3,150,000	3,150,000

STATEMENT OF OPERATIONS (Unaudi

STATEMENT OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended
	Jul. 31, 2019	Jul. 31, 2018
STATEMENT OF OPERATIONS (Unaudited)
Revenue
General and administrative expenses	9,205	5,901
Income (loss) from operations	(9,205)	(5,901)
Other Income expenses
Interest Expenses	(375)
Provision for taxes
Net income (loss)	$ (9,580)	$ (5,901)
Loss per common share:
Basic and Diluted	$ 0	$ 0
Weighted Average Number of Common Shares Outstanding:
Basic and Diluted	3,150,000	2,000,000

STATEMENT OF STOCKHOLDER EQUITY

STATEMENT OF STOCKHOLDER EQUITY (Unaudited) - USD ($)	Total	Additional Paid-in Capital [Member]	Deficit Accumulated During the Development Stage [Member]	Common Stock [Member]
Balance, shares at Apr. 30, 2018				2,000,000
Balance, amount at Apr. 30, 2018	$ (5,307)		$ (5,507)	$ 200
Net loss	(48,755)		(48,755)
Shares issued for compensation at $0.02 per share, amount	$ 23,000	22,885		$ 115
Shares issued for compensation at $0.02 per share, shares	1,150,000			1,150,000
Balance, amount at Apr. 30, 2019	$ (31,262)	$ 22,885	$ (54,462)	$ 315
Balance, shares at Apr. 30, 2019				3,150,000
Net loss	$ (9,580)		$ (9,580)
Balance, amount at Jul. 31, 2019	$ (40,842)	$ 22,885	$ (64,042)	$ 315
Balance, shares at Jul. 31, 2019				3,150,000

STATEMENT OF CASH FLOWS (Unaudi

STATEMENT OF CASH FLOWS (Unaudited) - USD ($)	3 Months Ended
	Jul. 31, 2019	Jul. 31, 2018
Operating Activities
Net income (loss)	$ (9,580)	$ (5,901)
Adjustments to reconcile net loss to net cash in operating activities
Amortization		600
Changes in assets and liabilities
Accounts payable	4,500	2,250
Interest Payable	375
Accrued Expenses	(2,000)	(2,500)
Net cash used in operating activities	(6,705)	(5,551)
Financing Activities
Proceeds from director loan	170	5,551
Net cash provided by financing activities	170	5,551
Net increase in cash and equivalents	(6,535)
Cash and equivalents at beginning of the period	14,215
Cash and equivalents at end of the period	7,680
Supplemental cash flow information:
Cash paid for: Interest
Cash paid for: Taxes

ORGANIZATION AND BASIS OF PRESE

ORGANIZATION AND BASIS OF PRESENTATION	3 Months Ended
	Jul. 31, 2019
ORGANIZATION AND BASIS OF PRESENTATION
NOTE 1 - ORGANIZATION AND BASIS OF PRESENTATION	Lux Amber, Corp. (referred as the “Company”, “we”, “our”) was incorporated in the State of Nevada and established on January 19, 2018. We are a development-stage company formed to commence operations to provide jewelry design service. Our office is located at Shaoyaoju Beili 207, 712 Beijing China 100029.

GOING CONCERN

GOING CONCERN	3 Months Ended
	Jul. 31, 2019
GOING CONCERN
NOTE 2 - GOING CONCERN	The Company’s financial statements have been prepared assuming that it will continue as a going concern, which contemplates continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business. As reflected in the financial statements, the Company had an accumulated deficit of $64,042 at July 31, 2019. The Company has not generated any revenues with a cash balance of $7,680 at July 31, 2019. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The Company is attempting to commence operations and generate sufficient revenue; however, the Company’s cash position may not be sufficient to support the Company’s daily operations. Management intends to raise additional funds by way of a private or public offering. While the Company believes in the viability of its strategy to commence operations and generate sufficient revenue and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon the Company’s ability to further implement its business plan and generate sufficient revenue and its ability to raise additional funds by way of a public or private offering. The financial statements do not include any adjustments related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Jul. 31, 2019
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Basis of Presentation The accompanying financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America. The Company’s year-end is April 30. Interim Financial Information The unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) applicable to interim financial information and the requirements of Form 10-Q and Rule 8-03 of Regulation S-X of the Securities and Exchange Commission. Accordingly, they do not include all of the information and disclosure required by accounting principles generally accepted in the United States of America for complete financial statements. Interim results are not necessarily indicative of results for a full year. In the opinion of management, all adjustments considered necessary for a fair presentation of the financial position and the results of operations and cash flows for the interim periods have been included. These consolidated financial statements should be read in conjunction with the audited financial statements for the year ended April 30, 2019, as not all disclosures required by generally accepted accounting principles for annual financial statements are presented. The interim consolidated financial statements follow the same accounting policies and methods of computations as the audited financial statements for the year ended April 30, 2019. Development Stage Company The Company is a development stage company as defined in ASC 915 “Development Stage Entities”. The Company is devoting substantially all of its efforts on establishing the business and its planned principal operations have not commenced. All losses accumulated since Inception has been considered as part of the Company's development stage activities. The Company has elected to adopt application of Accounting Standards Update No. 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements. Upon adoption, the Company no longer presents or discloses inception-to-date information and other remaining disclosure requirements of Topic 915. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles 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 the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates. Cash and Cash Equivalents The Company considers all highly liquid investments with the original maturities of three months or less to be cash equivalents. Property, Plant and Equipment The Company records depreciation and amortization when appropriate using straight-line balance method over the estimated useful life of the assets. The estimated useful lives as follows: Capitalized software development 5 years Expenditures for maintenance and repairs are charged to expense as incurred. Additions, major renewals and replacements that increase the property's useful life are capitalized. Property sold or retired, together with the related accumulated depreciation is removed from the appropriated accounts and the resultant gain or loss is included in net income. We evaluate the recoverability of our long-lived assets whenever changes in circumstances or events may indicate that the carrying amounts may not be recoverable. An impairment loss is recognized in the event the carrying value of the assets exceeds the future undiscounted cash flows attributable to such assets. Fair Value of Financial Instruments AS topic 820 "Fair Value Measurements and Disclosures" establishes a three-tier fair value hierarchy, which prioritizes the inputs in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market. These tiers include: Level 1: defined as observable inputs such as quoted prices in active markets; Level 2: defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and Level 3: defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions. The carrying value of cash and the Company’s loan from shareholder approximates its fair value due to their short-term maturity. Income Taxes Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized. Revenue Recognition We have purchased a website where we plan to generate revenues by providing jewelry designing services through the website. We plan to hire web designer to help us with the design and improvement our website. In 2014, the FASB issued guidance on revenue recognition (“ASC 606”), with final amendments issued in 2016. The underlying principle of ASC 606 is to recognize revenue to depict the transfer of goods or services to customers at the amount expected to be collected. ASC 606 creates a five-step model that requires entities to exercise judgment when considering the terms of contracts, which includes (1) identifying the contracts or agreements with a customer, (2) identifying our performance obligations in the contract or agreement, (3) determining the transaction price, (4) allocating the transaction price to the separate performance obligations, and (5) recognizing revenue as each performance obligation is satisfied. The Company only applies the five-step model to contracts when it is probable that the Company will collect the consideration it is entitled to in exchange for the services it transfers to its clients. The Company has concluded that the new guidance did not require any significant change to its revenue recognition processes. The Company’s jewelry design services are considered to be one performance obligation; therefore revenue is recognized when services have been provided as each performance obligation is satisfied. As of July 31, 2019, the Company has not generated any revenue. Basic Income (Loss) Per Share The Company computes income (loss) per share in accordance with FASB ASC 260 “Earnings per Share”. Basic loss per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted income (loss) per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive loss per share excludes all potential common shares if their effect is anti-dilutive. As of July 31, 2019, there were no potentially dilutive debt or equity instruments issued or outstanding. Stock-Based Compensation Stock-based compensation is accounted for at fair value in accordance with ASC Topic 718. To date, the Company has not adopted a stock option plan and has not granted any stock options. Recent Accounting Pronouncements In February 2016, the FASB issued ASU No. 2016-02, Leases, replacing existing lease accounting guidance. The new standard introduces a lessee model that would require entities to recognize assets and liabilities for most leases, but recognize expenses on their income statements in a manner similar to current accounting. The ASU does not make fundamental changes to existing lessor accounting. However, it modifies what qualifies as a sales-type and direct financing lease and related accounting and aligns a number of the underlying principles with those of the new revenue standard, ASU No. 2014-09, such as evaluating how collectability should be considered and determining when profit can be recognized. The guidance eliminates existing real estate-specific provisions and requires expanded qualitative and quantitative disclosures. The standard requires modified retrospective transition by which it is applied at the beginning of the earliest comparative period presented in the year of adoption. For the Company, the ASU is effective January 1, 2019. The Company is currently assessing this ASU’s impact on the Company’s consolidated results of operations and financial condition. Management does not believe that any recently issued, but not yet effective accounting pronouncements, when adopted, will have a material effect on the accompanying financial statements.

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	3 Months Ended
	Jul. 31, 2019
PROPERTY, PLANT AND EQUIPMENT
Note 4 - PROPERTY, PLANT AND EQUIPMENT	Property, Plant and Equipment July 31, 2019 April 30, 2019 Website Development $ - $ 15,000 Amortization - (2,508 ) Impairment loss - (12,492 ) Total, net $ - $ - Amortization expense for the three months ended July 31, 2019 and July 31, 2018 was $nil and $600. The Company has recognized an impairment loss of $12,492 for the year ended April 30, 2019 on the website because the asset is under performing relative to the projected future operating results, and the asset is customized built to the Company’s requirement which is expected to be stagnant with little or no demands from the market.

NOTE PAYABLE

NOTE PAYABLE	3 Months Ended
	Jul. 31, 2019
NOTE PAYABLE
Note 5 - NOTE PAYABLE	On September 27, 2018, the Company entered into a promissory note agreement in the amount of $15,000 with Guo Zhen for the website development services payable. The note has an interest rate of 10% with a maturity date of September 27, 2020. The interest is payable on the first day of each month commencing the first month after the date of the Note. The interest expense was $375 and $nil for the three months ended July 31, 2019 and 2018.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	3 Months Ended
	Jul. 31, 2019
RELATED PARTY TRANSACTIONS
Note 6 - RELATED PARTY TRANSACTIONS	As of July 31, 2019, the Company owed $10,022 to the Company’s sole director, Yulia Baranets for the Company’s working capital purposes. Ms. Baranets also provides services to the Company for which she is compensated for $1,500 per month. As of July 31, 2019, the outstanding accounts payable amount to Ms. Baranets was $20,250 which is included in accounts payable. The amounts above are non-interest bearing, due upon demand and unsecured.

COMMON STOCK

COMMON STOCK	3 Months Ended
	Jul. 31, 2019
COMMON STOCK
Note 7 - COMMON STOCK	The Company has 75,000,000, $0.0001 par value shares of common stock authorized. On January 20, 2018 the Company issued 2,000,000 shares of common stock to a director for services rendered estimated to be $200 at $0.0001 per share. During the year ended April 30, 2019, the Company issued 1,150,000 of common shares at $0.02 per share for a total price of $23,000 There were 3,150,000 shares of common stock issued and outstanding as of July 31, 2019.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Jul. 31, 2019
COMMITMENTS AND CONTINGENCIES
Note 8 - COMMITMENTS AND CONTINGENCIES	Our sole officer and director, Yuliia Baranets, has agreed to provide her own premise under office needs. She will not take any fee for these premises, it is for free use.

INCOME TAXES

INCOME TAXES	3 Months Ended
	Jul. 31, 2019
INCOME TAXES
Note 9 - INCOME TAXES	On December 22, 2017, the President of the United States signed into law the Tax Cuts and Jobs Act (“Tax Reform Act”). The legislation significantly changes U.S. tax law by, among other things, lowering corporate income tax rates, implementing a territorial tax system and imposing a transition tax on deemed repatriated earnings of foreign subsidiaries. The Tax Reform Act permanently reduces the U.S. corporate income tax rate from a maximum of 35% to a flat 21% rate, effective January 1, 2018. As a result of the reduction in the U.S. corporate income tax rate from 34% to 21% under the Tax Reform Act, the Company revalued its ending net deferred tax assets. The reconciliation of income tax benefit (expenses) at the U.S. statutory rate at 21% and 34% for the period ended as follows: July 31, 2019 Tax benefit (expenses) at U.S. statutory rate $ (2,011 ) Change in valuation allowance 2,011 Tax benefit (expenses), net $ - The tax effects of temporary differences that give rise to significant portions of the net deferred tax assets are as follows: July 31, 2019 Net operating loss $ 2,011 Valuation allowance (2,011 ) Deferred tax assets, net $ - July 31, 2019 Balance-Beginning $ 11,437 Increase/(Decrease) in Valuation allowance 2,011 Balance-Ending $ 13,448 The Company has accumulated approximately $64,042 of net operating losses (“NOL”) carried forward to offset future taxable income indefinitely, if any, in future years. Such NOL carryover can only offset eighty percent (80%) of taxable income without regard to the new section 199A deduction. In assessing the realization of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment. Based on the assessment, management has established a full valuation allowance against all of the deferred tax asset relating to NOLs for every period because it is more likely than not that all of the deferred tax asset will not be realized.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Jul. 31, 2019
SUBSEQUENT EVENTS
Note 10 - SUBSEQUENT EVENTS	In accordance with ASC 855-10 the Company has analyzed its operations subsequent to July 31, 2019 to the date these financial statements were issued on August 12, 2019, and has determined that it does not have any material subsequent events to disclose in these financial statement.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Jul. 31, 2019
ORGANIZATION AND BASIS OF PRESENTATION
Basis of Presentation	The accompanying financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America. The Company’s year-end is April 30.
Interim Financial Information	The unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) applicable to interim financial information and the requirements of Form 10-Q and Rule 8-03 of Regulation S-X of the Securities and Exchange Commission. Accordingly, they do not include all of the information and disclosure required by accounting principles generally accepted in the United States of America for complete financial statements. Interim results are not necessarily indicative of results for a full year. In the opinion of management, all adjustments considered necessary for a fair presentation of the financial position and the results of operations and cash flows for the interim periods have been included. These consolidated financial statements should be read in conjunction with the audited financial statements for the year ended April 30, 2019, as not all disclosures required by generally accepted accounting principles for annual financial statements are presented. The interim consolidated financial statements follow the same accounting policies and methods of computations as the audited financial statements for the year ended April 30, 2019.
Development Stage Company	The Company is a development stage company as defined in ASC 915 “Development Stage Entities”. The Company is devoting substantially all of its efforts on establishing the business and its planned principal operations have not commenced. All losses accumulated since Inception has been considered as part of the Company's development stage activities. The Company has elected to adopt application of Accounting Standards Update No. 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements. Upon adoption, the Company no longer presents or discloses inception-to-date information and other remaining disclosure requirements of Topic 915.
Use of Estimates	The preparation of financial statements in conformity with generally accepted accounting principles 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 the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Cash and Cash Equivalents	The Company considers all highly liquid investments with the original maturities of three months or less to be cash equivalents.
Property, Plant and Equipment	The Company records depreciation and amortization when appropriate using straight-line balance method over the estimated useful life of the assets. The estimated useful lives as follows: Capitalized software development 5 years Expenditures for maintenance and repairs are charged to expense as incurred. Additions, major renewals and replacements that increase the property's useful life are capitalized. Property sold or retired, together with the related accumulated depreciation is removed from the appropriated accounts and the resultant gain or loss is included in net income. We evaluate the recoverability of our long-lived assets whenever changes in circumstances or events may indicate that the carrying amounts may not be recoverable. An impairment loss is recognized in the event the carrying value of the assets exceeds the future undiscounted cash flows attributable to such assets.
Fair Value of Financial Instruments	AS topic 820 "Fair Value Measurements and Disclosures" establishes a three-tier fair value hierarchy, which prioritizes the inputs in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market. These tiers include: Level 1: defined as observable inputs such as quoted prices in active markets; Level 2: defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and Level 3: defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions. The carrying value of cash and the Company’s loan from shareholder approximates its fair value due to their short-term maturity.
Income Taxes	Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized.
Revenue Recognition	We have purchased a website where we plan to generate revenues by providing jewelry designing services through the website. We plan to hire web designer to help us with the design and improvement our website. In 2014, the FASB issued guidance on revenue recognition (“ASC 606”), with final amendments issued in 2016. The underlying principle of ASC 606 is to recognize revenue to depict the transfer of goods or services to customers at the amount expected to be collected. ASC 606 creates a five-step model that requires entities to exercise judgment when considering the terms of contracts, which includes (1) identifying the contracts or agreements with a customer, (2) identifying our performance obligations in the contract or agreement, (3) determining the transaction price, (4) allocating the transaction price to the separate performance obligations, and (5) recognizing revenue as each performance obligation is satisfied. The Company only applies the five-step model to contracts when it is probable that the Company will collect the consideration it is entitled to in exchange for the services it transfers to its clients. The Company has concluded that the new guidance did not require any significant change to its revenue recognition processes. The Company’s jewelry design services are considered to be one performance obligation; therefore revenue is recognized when services have been provided as each performance obligation is satisfied. As of July 31, 2019, the Company has not generated any revenue.
Basic Income (Loss) Per Share	The Company computes income (loss) per share in accordance with FASB ASC 260 “Earnings per Share”. Basic loss per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted income (loss) per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive loss per share excludes all potential common shares if their effect is anti-dilutive. As of July 31, 2019, there were no potentially dilutive debt or equity instruments issued or outstanding.
Stock-Based Compensation	Stock-based compensation is accounted for at fair value in accordance with ASC Topic 718. To date, the Company has not adopted a stock option plan and has not granted any stock options.
Recent Accounting Pronouncements	In February 2016, the FASB issued ASU No. 2016-02, Leases, replacing existing lease accounting guidance. The new standard introduces a lessee model that would require entities to recognize assets and liabilities for most leases, but recognize expenses on their income statements in a manner similar to current accounting. The ASU does not make fundamental changes to existing lessor accounting. However, it modifies what qualifies as a sales-type and direct financing lease and related accounting and aligns a number of the underlying principles with those of the new revenue standard, ASU No. 2014-09, such as evaluating how collectability should be considered and determining when profit can be recognized. The guidance eliminates existing real estate-specific provisions and requires expanded qualitative and quantitative disclosures. The standard requires modified retrospective transition by which it is applied at the beginning of the earliest comparative period presented in the year of adoption. For the Company, the ASU is effective January 1, 2019. The Company is currently assessing this ASU’s impact on the Company’s consolidated results of operations and financial condition. Management does not believe that any recently issued, but not yet effective accounting pronouncements, when adopted, will have a material effect on the accompanying financial statements.

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	3 Months Ended
	Jul. 31, 2019
PROPERTY, PLANT AND EQUIPMENT (Tables)
Property, Plant and Equipment	July 31, 2019 April 30, 2019 Website Development $ - $ 15,000 Amortization - (2,508 ) Impairment loss - (12,492 ) Total, net $ - $ -

INCOME TAXES (Tables)

INCOME TAXES (Tables)	3 Months Ended
	Jul. 31, 2019
INCOME TAXES (Tables)
Reconciliation of income tax benefit (expenses)	July 31, 2019 Tax benefit (expenses) at U.S. statutory rate $ (2,011 ) Change in valuation allowance 2,011 Tax benefit (expenses), net $ -
Schedule of net deferred tax assets	July 31, 2019 Net operating loss $ 2,011 Valuation allowance (2,011 ) Deferred tax assets, net $ - July 31, 2019 Balance-Beginning $ 11,437 Increase/(Decrease) in Valuation allowance 2,011 Balance-Ending $ 13,448

ORGANIZATION AND BASIS OF PRE_2

ORGANIZATION AND BASIS OF PRESENTATION (Details Narrative)	3 Months Ended
	Jul. 31, 2019
ORGANIZATION AND BASIS OF PRESENTATION (Details Narrative)
Country or state of incorporation	Nevada
Date of incorporation of entity	Jan. 19, 2018

GOING CONCERN (Details Narrativ

GOING CONCERN (Details Narrative) - USD ($)	Jul. 31, 2019	Apr. 30, 2019
GOING CONCERN (Details Narrative)
Accumulated deficit	$ (64,042)	$ (54,462)
Cash and cash equivalents	$ 7,680	$ 14,215

SUMMARY OF SIGNIFCANT ACCOUNTIN

SUMMARY OF SIGNIFCANT ACCOUNTING POLICIES (Details Narrative)	3 Months Ended
	Jul. 31, 2019
Capitalized software development [Member]
Property, plant and equipment, estimated useful life	5 years

PROPERTY, PLANT AND EQUIPMENT_2

PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($)	Jul. 31, 2019	Apr. 30, 2019
Impairment loss
Total, net
Website development [Member]
Intagible assets, gross		15,000
Amortization		(2,508)
Impairment loss		(12,492)
Total, net

PROPERTY, PLANT AND EQUIPMENT_3

PROPERTY, PLANT AND EQUIPMENT (Details Narrative) - USD ($)	3 Months Ended		12 Months Ended
	Jul. 31, 2019	Jul. 31, 2018	Apr. 30, 2019
PROPERTY, PLANT AND EQUIPMENT (Details Narrative)
Amortization expense		$ 600
Impairment loss on intangible assets			$ 12,492

NOTE PAYABLE (Details Narrative

NOTE PAYABLE (Details Narrative) - USD ($)	1 Months Ended	3 Months Ended
	Sep. 27, 2018	Jul. 31, 2019	Jul. 31, 2018
Interest expense		$ 375
Promissory note [Member] | Guo Zhen [Member]
Maturity date	Sep. 27, 2020
Note payable	$ 15,000
interest rate	10.00%

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	3 Months Ended
	Jul. 31, 2019	Apr. 30, 2019
Director loan	$ 10,022	$ 9,852
Accounts payable	20,250	$ 15,750
Yulia Baranets [Member]
Director loan	10,022
Accounts payable	20,250
Periodic payment of officers compensation	$ 1,500

COMMON STOCK (Details Narrative

COMMON STOCK (Details Narrative) - USD ($)	1 Months Ended	12 Months Ended
	Jan. 20, 2018	Apr. 30, 2019	Jul. 31, 2019
Common stock, par value		$ 0.0001	$ 0.0001
Common stock, Authorized		75,000,000	75,000,000
Common stock, Issued		3,150,000	3,150,000
Common stock, outstanding		3,150,000	3,150,000
Share price		$ 0.02
Shares issued for compensation at $0.02 per share, Shares		1,150,000
Shares issued for compensation at $0.02 per share, Amount		$ 23,000
Director [Member]
Share price	$ 0.0001
Shares issued for services , Shares	2,000,000
Shares issued for services , Amount	$ 200

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($)	3 Months Ended
	Jul. 31, 2019	Jul. 31, 2018
INCOME TAXES (Details)
Tax benefit (expenses) at U.S. statutory rate	$ (2,011)
Change in valuation allowance	2,011
Tax benefit (expenses), net

INCOME TAXES (Details 1)

INCOME TAXES (Details 1)	Jul. 31, 2019USD ($)
INCOME TAXES (Details 1)
Net operating loss	$ 2,011
Valuation allowance	(2,011)
Deferred tax assets, net

INCOME TAXES (Details 2)

INCOME TAXES (Details 2)	3 Months Ended
	Jul. 31, 2019USD ($)
INCOME TAXES (Details 2)
Balance-Beginning	$ 11,437
Increase/(Decrease) in Valuation allowance	2,011
Balance-Ending	$ 13,448

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative)	Jul. 31, 2019USD ($)
INCOME TAXES (Details Narrative)
Net operating loss carryforwards	$ 64,042