Tancheng (QSJC) 10-KT 28 Feb 23 2022 FY Annual report (with FYE transition) Financial data

Cover

Cover - USD ($)	5 Months Ended	12 Months Ended
	Dec. 31, 2022	Jul. 31, 2022	Feb. 28, 2023	Jun. 30, 2022
Cover [Abstract]
Document Type	10-KT
Amendment Flag	false
Document Annual Report	false
Document Transition Report	true
Document Period Start Date	Aug. 01, 2022
Document Period End Date	Dec. 31, 2022
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--12-31
Entity File Number	333-228803
Entity Registrant Name	TANCHENG GROUP CO., LTD.
Entity Central Index Key	0001753391
Entity Tax Identification Number	38-4086827
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	No. 32 Hexizhuang Village, Huili Township, Jiaocheng County
Entity Address, Address Line Two	Lvliang City
Entity Address, City or Town	Shanxi Province, P.R.
Entity Address, Country	CN
Entity Address, Postal Zip Code	030500
Country Region	86
City Area Code	139
Local Phone Number	1097-2765
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	Yes
Entity Current Reporting Status	No
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	true
Entity Public Float				$ 96,971
Entity Common Stock, Shares Outstanding			4,381,550
Auditor Firm ID	6732	6258
Auditor Name	Onestop Assurance PAC	Mac Accounting Group, LLP
Auditor Location	Singapore	Midvale, Utah

Balance Sheets

Balance Sheets - USD ($)	Dec. 31, 2022	Jul. 31, 2022	Jul. 31, 2021
Current Assets
Cash	$ 0	$ 1,889	$ 124
Prepaid Rent	0	72	104
Prepaid Expenses	0	621	621
Total Current Assets	0	2,582	849
Intangible Assets, Net	0	21,084	0
TOTAL ASSETS	0	23,666	849
Current Liabilities
Other Payables	18,597	5,990	0
Payroll Liabilities	0	68,400	22,800
Related Party Payable	0	71,724	36,794
Total Current Liabilities	18,597	146,114	59,594
Total Liabilities	18,597	146,114	59,594
Stockholders’ Deficit
Common Stock, $0.001 par value 75,000,000 authorized, 4,381,550 shares issued and outstanding as of December 31, 2022, July 31, 2021 and July 31, 2020	4,381	4,381	4,381
Additional Paid in Capital	162,864	16,750	16,750
Accumulated deficit	(185,842)	(143,579)	(79,876)
Total Stockholders’ Deficit	(18,597)	(122,448)	(58,745)
TOTAL LIABILITIES & STOCKHOLDERS’ DEFICIT	$ 0	$ 23,666	$ 849

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2022	Jul. 31, 2022	Jul. 31, 2021
Statement of Financial Position [Abstract]
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001	$ 0.001
Common Stock, Shares Authorized	75,000,000	75,000,000	75,000,000
Common Stock, Shares, Issued	4,381,550	4,381,550	4,381,550
Common Stock, Shares, Outstanding	4,381,550	4,381,550	4,381,550

Statements of Operations

Statements of Operations - USD ($)	5 Months Ended		12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Income Statement [Abstract]
REVENUE	$ 0	$ 0	$ 0	$ 0
EXPENSES
General and Administrative Costs	22,973	11,460	45,670	22,934
Amortization Expense	0	0	900	0
Professional fees	18,597	10,962	16,820	22,764
Rent Expense	693	150	313	355
Total expenses	42,263	22,572	63,703	46,053
Loss from Operations	(42,263)	(22,572)	(63,703)	(46,053)
Income Tax Expense	0	0	0	0
NET LOSS AFTER TAX AND COMPREHENSIVE LOSS	$ (42,263)	$ (22,572)	$ (63,703)	$ (46,053)

Statements of Operations (Paren

Statements of Operations (Parenthetical) - $ / shares	5 Months Ended		12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Income Statement [Abstract]
Earnings Per Share, Basic	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.01)
Earnings Per Share, Diluted	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.01)
Weighted Average Number of Shares Outstanding, Basic	4,381,550	4,381,550	4,381,550	4,381,550
Weighted Average Number of Shares Outstanding, Diluted	4,381,550	4,381,550	4,381,550	4,381,550

Statement of Stockholders' Defi

Statement of Stockholders' Deficit - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Beginning balance, value at Jul. 31, 2020	$ 4,381	$ 16,750	$ (33,823)	$ (12,692)
Shares, Outstanding, Beginning Balance at Jul. 31, 2020	4,381,550
Net loss			(46,053)	(46,053)
Ending balance, value at Jul. 31, 2021	$ 4,381	16,750	(79,876)	(58,745)
Shares, Outstanding, Ending Balance at Jul. 31, 2021	4,381,550
Net loss				(22,572)
Ending balance, value at Dec. 31, 2021				(81,317)
Beginning balance, value at Jul. 31, 2021	$ 4,381	16,750	(79,876)	(58,745)
Shares, Outstanding, Beginning Balance at Jul. 31, 2021	4,381,550
Net loss			(63,703)	(63,703)
Ending balance, value at Jul. 31, 2022	$ 4,381	16,750	(143,579)	(122,448)
Shares, Outstanding, Ending Balance at Jul. 31, 2022	4,381,550
Net loss			(42,263)	(42,263)
Capital contribution		146,114		146,114
Ending balance, value at Dec. 31, 2022	$ 4,381	$ 162,864	$ (185,842)	$ (18,597)
Shares, Outstanding, Ending Balance at Dec. 31, 2022	4,381,550

Statements of Cash Flows

Statements of Cash Flows - USD ($)	5 Months Ended	12 Months Ended
	Dec. 31, 2022	Jul. 31, 2022	Jul. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES
Net Loss	$ (42,263)	$ (63,703)	$ (46,053)
Adjustments to reconcile Net Loss to net cash provided by operations:
Capital contribution	146,114	0	0
Write off of intangible assets	21,084	0	0
Amortization Expenses	0	900	0
Prepaid Rent	693	32	117
Payroll Liabilities	(68,400)	45,600	22,800
Accounts Payable	12,607	5,990	0
Net cash provided by (used in) Operating Activities	69,835	(11,181)	(23,136)
CASH FLOWS FROM INVESTING ACTIVITIES
Cash paid for intangible assets	0	(21,984)	0
Net cash used in Investing Activities	0	(21,984)	0
CASH FLOWS FROM FINANCING ACTIVITIES
Related Party Payable	(71,724)	34,930	21,650
Net cash provided by Financing Activities	(71,724)	34,930	21,650
Net cash (decrease) increase for period	(1,889)	1,765	(1,486)
Cash at beginning of period	1,889	124	1,610
Cash at end of period	0	1,889	124
Cash paid during the period:
Interest paid	0	0	0
Income taxes paid	$ 0	$ 0	$ 0

ORGANIZATION AND OPERATIONS

ORGANIZATION AND OPERATIONS	5 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND OPERATIONS	NOTE 1 – ORGANIZATION AND OPERATIONS TANCHENG GROUP CO., LTD. (“Company”), formerly named Bigeon Corp. (“Bigeon”) was incorporated on June 19, 2018 under the laws of Nevada. Prior to August 31, 2022, the Company was developing a new kind of messenger application. The product of the Company (“the App”) is intended to provide an entirely new way of sharing information. The App enables a user to draw a picture or a writing instead of typing the whole message. Our intended users will be the people whose jobs are connected with drawing and creating graphic animation. Bigeon’s product will be an appropriate tool to make short sketches on the go and share them with others. On August 31, 2022, under a Stock Purchase Agreement, the former President of the Company, Olegas Tunevicius, sold all of his 3,500,000 common shares of Bigeon to Shanxi Qiansui Tancheng Culture Media Co., Ltd. (“Shanxi Qiansui Tancheng”), a privately-owned Chinese company, thus constituting a change of control of the Company. As part of the change of control, Olegas Tunevicius resigned as the Company’s sole officer and director, and Yu Yang became the Company’s sole officer and director. On October 17, 2022, the Company filed a Certificate of Amendment to Articles of Incorporation of the Company with the Secretary of State of State of Nevada to change the Company’s name to Tancheng Group Co., Ltd.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	5 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The Management of the Company is responsible for the selection and use of appropriate accounting policies and the appropriateness of accounting policies and their application. Critical accounting policies and practices are those that are both most important to the portrayal of the Company’s financial condition and results and require management’s most difficult, subjective, or complex judgments, often as a result of the need to make estimates about the effects of matters that are inherently uncertain. The Company’s significant and critical accounting policies and practices are disclosed below as required by generally accepted accounting principles. Basis of Presentation The accompanying financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America. Change in Fiscal Year End On December 16, 2022, the Company’s Board of Directors approved a change in the Company’s fiscal year end from July 31 to December 31, effective immediately. As a result of this change, the Company is filing this Transition Report on Form 10-KT (“Transition Report”) for the five-month transition period ended December 31, 2022. 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 and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates. Cash Equivalents The Company considers all highly liquid investments with maturities of three months or less at the time of purchase to be cash equivalents. The cash equivalents as of December 31, 2022, July 31, 2022 and July 31, 2021 were $ 0 Other Payables Other payables represent liabilities for services provided to the Company prior to the end of the financial year which are unpaid. They are classified as current liabilities if payment is due within one year or less. Otherwise, they are presented as non-current liabilities. Other payables are initially recognized at fair value, and subsequently carried at amortized costs using the effective interest method. As of December 31, 2022, the Company had an other payables balance of $ 18,597 Related Parties The Company follows subtopic 850-10 of the FASB Accounting Standards Codification for the identification of related parties and disclosure of related party transactions. Pursuant to Section 850-10-20 the related parties include (a) affiliates of the Company; (b) entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of Section 825–10–15, to be accounted for by the equity method by the investing entity; (c) trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of management; (d) principal owners of the Company; (e) management of the Company; (f) other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and (g) other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests. Net Loss per Common Share Net loss per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net loss per common share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period. Diluted net loss per common share is computed by dividing net loss by the weighted average number of shares of common stock and potentially dilutive outstanding shares of common stock during the period to reflect the potential dilution that could occur from common shares issuable through contingent share arrangements, stock options and warrants. There were no Intangible Assets The Company follows the provisions of ASC 958, Software, which requires that all costs relating to the purchase or internal development and production of software products to be sold, leased or otherwise marketed, be expensed in the period incurred unless the requirements for technological feasibility have been established. The Company amortizes these costs using the straight-line method over the remaining estimated economic life of the product. During the year ended July 31, 2022, the Company acquired software for $ 21,984 900 21,084 Software Costs Software costs are accounted for in accordance with FASB ASC 350-50, Website Development Costs. For intangible assets acquired either individually or as part of a group of assets (in either an asset acquisition, a business combination, or an acquisition by a non-for-profit entity), all of the following information shall be disclosed in the notes to financial statements in the period of acquisition: - The total amount assigned and the amount assigned to any major intangible asset class - The amount of any significant residual value, in total and by major intangible asset class - The weighted-average amortization period, in total and by major intangible asset class. The following information shall be disclosed in the financial statements or the notes to financial statements for each period for which a statement of financial position is presented: - The gross carrying amount and accumulated amortization, in total and by major intangible asset class - The aggregate amortization expense for the period - The estimated aggregate amortization expense for each of the five succeeding fiscal years. Recent Accounting Pronouncements The Company’s management has evaluated all the recently issued, but not yet effective, accounting standards that have been issued or proposed by the FASB or other standards-setting bodies through the filing date of these financial statements and does not believe the future adoption of any such pronouncements will have a material effect on the Company’s financial position and results of operations.

GOING CONCERN

GOING CONCERN	5 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN	NOTE 3 – GOING CONCERN The financial statements have been prepared assuming that the Company 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 no Prior to August 31, 2022, the former President of the Company, Olegas Tunevicius paid all expenses incurred by the Company until the change of control (Note 1) that Yu Yang became the Company’s sole officer and director. Management is exploring business combination opportunities that will generate revenue and cash to support the daily operations in the long term. 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.

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	5 Months Ended
	Dec. 31, 2022
Equity [Abstract]
STOCKHOLDERS’ EQUITY	NOTE 4 – STOCKHOLDERS’ EQUITY Upon formation, the total number of shares of all classes of stock which the Company is authorized to issue is seventy-five million ( 75,000,000 0.001 During the five months ended December 31, 2022, and years ended July 31, 2022 and 2021, the Company issued no There were 4,381,550

RELATED-PARTY TRANSACTIONS

RELATED-PARTY TRANSACTIONS	5 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
RELATED-PARTY TRANSACTIONS	NOTE 5 – RELATED-PARTY TRANSACTIONS On August 18, 2022, the former President of the Company, Olegas Tunevicius signed an Assignment, Assumption, and Indemnity Agreement to assume all liabilities and debts and obligations of Bigeon as of the the Closing date of the Stock Purchase Agreement (Note 1). As of the Closing date, total liabilities amounting to $ 146,114 As of July 31, 2022 and 2021, the former President of the Company, Olegas Tunevicius, is the only related party with whom the Company had transactions with. During the year ended July 31, 2022, Mr. Tunevicius contributed $ 34,930 71,724 36,794

INCOME TAX PROVISION

INCOME TAX PROVISION	5 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
INCOME TAX PROVISION	NOTE 6 – INCOME TAX PROVISION Deferred Tax Assets As of December 31, 2022, July 31, 2022 and July 31, 2021, the Company had net operating loss (“NOL”) carry–forwards for Federal income tax purposes that may be offset against future taxable income through 2040. No tax benefit has been recorded with respect to these net operating loss carry-forwards in the accompanying financial statements as the management of the Company believes that the realization of the Company’s net deferred tax assets was not considered more likely than not and accordingly, the potential tax benefits of the net loss carry-forwards are offset by the full valuation allowance. Deferred tax assets consist primarily of the tax effect of NOL carry-forwards which was used to offset tax payable from prior year’s operations. The Company has provided a full valuation allowance on the deferred tax assets because of the uncertainty regarding its realization. The current valuation of tax allowance is not applicable as of December 31, 2022, July 31, 2022 and July 31, 2021. Components of deferred tax assets are as follows: Schedule of deferred tax assets For the Reporting For the Reporting For the Reporting Net Deferred Tax Asset Non-Current: Net Operating Loss Carry-Forward $ 185,842 $ 143,579 $ 79,876 Effective tax rate x 21% x 21% x 21% Expected Income Tax Benefit from NOL Carry-Forward 39,027 30,152 16,774 Less: Valuation Allowance (39,027 ) (30,152 ) (16,774 ) Deferred Tax Asset, Net of Valuation Allowance $ – $ – $ – The actual tax benefit at the expected rate of 21% differs from the expected tax benefit for the five months ended December 31, 2022, years ended July 31, 2022 and 2021 as follows: Schedule of tax expense For the Reporting For the Reporting For the Reporting Computed “expected” tax benefit $ 8,875 $ (13,378 ) $ (9,671 ) Change in valuation allowance (8,875 ) 13,378 9,671 Actual tax expense (benefit) $ – $ – $ –

FOREIGN CURRENCY

FOREIGN CURRENCY	5 Months Ended
	Dec. 31, 2022
Foreign Currency [Abstract]
FOREIGN CURRENCY	NOTE 7 – FOREIGN CURRENCY Prior to the change of control (Note 1), the Company’s management was operating in Europe, some of the Company’s transactions occurred in Euros. However, due to the little variance in the foreign currency translation rate in the period under audit, there were no gains or losses recorded to either other comprehensive income or net income.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	5 Months Ended
	Dec. 31, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 8 – SUBSEQUENT EVENTS The Company has evaluated all events that occur after the balance sheet date through the date when the financial statements were available to be issued to determine if they must be reported. Management of the Company determined that there are no material subsequent events to be disclosed.

TRANSITION PERIOD COMPARATIVE D

TRANSITION PERIOD COMPARATIVE DATA	5 Months Ended
	Dec. 31, 2022
Transition Period Comparative Data
TRANSITION PERIOD COMPARATIVE DATA	NOTE 9 – TRANSITION PERIOD COMPARATIVE DATA As discussed in Note 2, the Company’s Transition Report includes financial information for the five months ended December 31, 2022 and the years ended July 31, 2022 and 2021. The statements of operations and cash flows for the five months ended December 31, 2022 and 2021, are summarized below. All data for the five months ended December 31, 2021 was derived from the Company’s unaudited financial statements. Transition period Balance Sheet data December 31, 2022 December 31, 2021 (Unaudited) ASSETS Current Assets Cash $ – $ 72 Prepaid Rent – 117 Prepaid Expenses – 325 Total Current Assets – 514 Intangible Assets, Net – – TOTAL ASSETS $ – $ 514 LIABILITIES AND STOCKHOLDERS’ DEFICIT Current Liabilities Accounts Payable $ 18,597 $ – Payroll Liabilities – 34,200 Related Party Payable – 47,631 Total Current Liabilities 18,597 81,831 Total Liabilities 18,597 81,831 Stockholders’ Deficit Common Stock, $0.001 par value 75,000,000 authorized, 4,381 4,381 Additional Paid in Capital 162,864 16,750 Accumulated deficit (185,842 ) (102,448 ) Total Stockholders’ Deficit (18,597 ) (81,317 ) TOTAL LIABILITIES & STOCKHOLDERS’ DEFICIT $ – $ 514 Statement of Operations for transition period Five Months Ended December 31, 2022 2021 (Unaudited) REVENUE $ – $ – EXPENSES General and Administrative Costs 22,973 11,460 Amortization Expense – – Professional fees 18,597 10,962 Rent Expense 693 150 Total expenses 42,263 22,572 Loss from Operations (42,263 ) (22,572 ) Income Tax Expense – – NET LOSS AFTER TAX $ (42,263 ) $ (22,572 ) Basic and Diluted Net Loss per Common Share $ (0.01 ) $ (0.01 ) Weighted-Average Number of Common Shares Outstanding – Basic and Diluted 4,381,550 4,381,550 Statement of Cash Flows for transition period Five Months Ended December 31, 2022 2021 CASH FLOWS FROM OPERATING ACTIVITIES Net Loss $ (42,263 ) $ (22,572 ) Adjustments to reconcile Net Loss to net cash provided by operations: Capital contribution 146,114 – Write off of intangible assets 21,084 – Prepaid Rent 693 283 Payroll Liabilities (68,400 ) 11,400 Accounts Payable 12,607 – Net cash provided by (used in) Operating Activities 69,835 (10,889 ) CASH FLOWS FROM FINANCING ACTIVITIES Related Party Payable (71,724 ) 10,837 Net cash provided by Financing Activities (71,724 ) 10,837 Net cash increase for period (1,889 ) (52 ) Cash at beginning of period 1,889 124 Cash at end of period $ – $ 72

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	5 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
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.
Change in Fiscal Year End	Change in Fiscal Year End On December 16, 2022, the Company’s Board of Directors approved a change in the Company’s fiscal year end from July 31 to December 31, effective immediately. As a result of this change, the Company is filing this Transition Report on Form 10-KT (“Transition Report”) for the five-month transition period ended December 31, 2022.
Use of Estimates	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 and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Cash Equivalents	Cash Equivalents The Company considers all highly liquid investments with maturities of three months or less at the time of purchase to be cash equivalents. The cash equivalents as of December 31, 2022, July 31, 2022 and July 31, 2021 were $ 0
Other Payables	Other Payables Other payables represent liabilities for services provided to the Company prior to the end of the financial year which are unpaid. They are classified as current liabilities if payment is due within one year or less. Otherwise, they are presented as non-current liabilities. Other payables are initially recognized at fair value, and subsequently carried at amortized costs using the effective interest method. As of December 31, 2022, the Company had an other payables balance of $ 18,597
Related Parties	Related Parties The Company follows subtopic 850-10 of the FASB Accounting Standards Codification for the identification of related parties and disclosure of related party transactions. Pursuant to Section 850-10-20 the related parties include (a) affiliates of the Company; (b) entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of Section 825–10–15, to be accounted for by the equity method by the investing entity; (c) trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of management; (d) principal owners of the Company; (e) management of the Company; (f) other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and (g) other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests.
Net Loss per Common Share	Net Loss per Common Share Net loss per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net loss per common share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period. Diluted net loss per common share is computed by dividing net loss by the weighted average number of shares of common stock and potentially dilutive outstanding shares of common stock during the period to reflect the potential dilution that could occur from common shares issuable through contingent share arrangements, stock options and warrants. There were no
Intangible Assets	Intangible Assets The Company follows the provisions of ASC 958, Software, which requires that all costs relating to the purchase or internal development and production of software products to be sold, leased or otherwise marketed, be expensed in the period incurred unless the requirements for technological feasibility have been established. The Company amortizes these costs using the straight-line method over the remaining estimated economic life of the product. During the year ended July 31, 2022, the Company acquired software for $ 21,984 900 21,084
Software Costs	Software Costs Software costs are accounted for in accordance with FASB ASC 350-50, Website Development Costs. For intangible assets acquired either individually or as part of a group of assets (in either an asset acquisition, a business combination, or an acquisition by a non-for-profit entity), all of the following information shall be disclosed in the notes to financial statements in the period of acquisition: - The total amount assigned and the amount assigned to any major intangible asset class - The amount of any significant residual value, in total and by major intangible asset class - The weighted-average amortization period, in total and by major intangible asset class. The following information shall be disclosed in the financial statements or the notes to financial statements for each period for which a statement of financial position is presented: - The gross carrying amount and accumulated amortization, in total and by major intangible asset class - The aggregate amortization expense for the period - The estimated aggregate amortization expense for each of the five succeeding fiscal years.
Recent Accounting Pronouncements	Recent Accounting Pronouncements The Company’s management has evaluated all the recently issued, but not yet effective, accounting standards that have been issued or proposed by the FASB or other standards-setting bodies through the filing date of these financial statements and does not believe the future adoption of any such pronouncements will have a material effect on the Company’s financial position and results of operations.

INCOME TAX PROVISION (Tables)

INCOME TAX PROVISION (Tables)	5 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Schedule of deferred tax assets	Schedule of deferred tax assets For the Reporting For the Reporting For the Reporting Net Deferred Tax Asset Non-Current: Net Operating Loss Carry-Forward $ 185,842 $ 143,579 $ 79,876 Effective tax rate x 21% x 21% x 21% Expected Income Tax Benefit from NOL Carry-Forward 39,027 30,152 16,774 Less: Valuation Allowance (39,027 ) (30,152 ) (16,774 ) Deferred Tax Asset, Net of Valuation Allowance $ – $ – $ –
Schedule of tax expense	Schedule of tax expense For the Reporting For the Reporting For the Reporting Computed “expected” tax benefit $ 8,875 $ (13,378 ) $ (9,671 ) Change in valuation allowance (8,875 ) 13,378 9,671 Actual tax expense (benefit) $ – $ – $ –

TRANSITION PERIOD COMPARATIVE_2

TRANSITION PERIOD COMPARATIVE DATA (Tables)	5 Months Ended
	Dec. 31, 2022
Transition Period Comparative Data
Transition period Balance Sheet data	Transition period Balance Sheet data December 31, 2022 December 31, 2021 (Unaudited) ASSETS Current Assets Cash $ – $ 72 Prepaid Rent – 117 Prepaid Expenses – 325 Total Current Assets – 514 Intangible Assets, Net – – TOTAL ASSETS $ – $ 514 LIABILITIES AND STOCKHOLDERS’ DEFICIT Current Liabilities Accounts Payable $ 18,597 $ – Payroll Liabilities – 34,200 Related Party Payable – 47,631 Total Current Liabilities 18,597 81,831 Total Liabilities 18,597 81,831 Stockholders’ Deficit Common Stock, $0.001 par value 75,000,000 authorized, 4,381 4,381 Additional Paid in Capital 162,864 16,750 Accumulated deficit (185,842 ) (102,448 ) Total Stockholders’ Deficit (18,597 ) (81,317 ) TOTAL LIABILITIES & STOCKHOLDERS’ DEFICIT $ – $ 514
Statement of Operations for transition period	Statement of Operations for transition period Five Months Ended December 31, 2022 2021 (Unaudited) REVENUE $ – $ – EXPENSES General and Administrative Costs 22,973 11,460 Amortization Expense – – Professional fees 18,597 10,962 Rent Expense 693 150 Total expenses 42,263 22,572 Loss from Operations (42,263 ) (22,572 ) Income Tax Expense – – NET LOSS AFTER TAX $ (42,263 ) $ (22,572 ) Basic and Diluted Net Loss per Common Share $ (0.01 ) $ (0.01 ) Weighted-Average Number of Common Shares Outstanding – Basic and Diluted 4,381,550 4,381,550
Statement of Cash Flows for transition period	Statement of Cash Flows for transition period Five Months Ended December 31, 2022 2021 CASH FLOWS FROM OPERATING ACTIVITIES Net Loss $ (42,263 ) $ (22,572 ) Adjustments to reconcile Net Loss to net cash provided by operations: Capital contribution 146,114 – Write off of intangible assets 21,084 – Prepaid Rent 693 283 Payroll Liabilities (68,400 ) 11,400 Accounts Payable 12,607 – Net cash provided by (used in) Operating Activities 69,835 (10,889 ) CASH FLOWS FROM FINANCING ACTIVITIES Related Party Payable (71,724 ) 10,837 Net cash provided by Financing Activities (71,724 ) 10,837 Net cash increase for period (1,889 ) (52 ) Cash at beginning of period 1,889 124 Cash at end of period $ – $ 72

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	5 Months Ended		12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Cash Equivalents, at Carrying Value	$ 0		$ 0	$ 0
Accounts Payable, Other, Current	$ 18,597	$ 0
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0		0	0
Impairment of Intangible Assets, Finite-Lived	$ 21,084	$ 0	$ 0	$ 0
Software [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross			21,984
Finite-Lived Intangible Assets, Accumulated Amortization			900
Finite-Lived Intangible Assets, Net			$ 21,084
Impairment of Intangible Assets, Finite-Lived	$ 21,084

GOING CONCERN (Details Narrativ

GOING CONCERN (Details Narrative) - USD ($)	5 Months Ended		12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Revenues	$ 0	$ 0	$ 0	$ 0

STOCKHOLDERS_ EQUITY (Details N

STOCKHOLDERS’ EQUITY (Details Narrative) - $ / shares	5 Months Ended	12 Months Ended
	Dec. 31, 2022	Jul. 31, 2022	Jul. 31, 2021
Equity [Abstract]
Common Stock, Shares Authorized	75,000,000	75,000,000	75,000,000
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001	$ 0.001
Stock Issued During Period, Shares, New Issues	0	0	0
Common Stock, Shares, Outstanding	4,381,550	4,381,550	4,381,550
Common Stock, Shares, Issued	4,381,550	4,381,550	4,381,550

RELATED-PARTY TRANSACTIONS (Det

RELATED-PARTY TRANSACTIONS (Details Narrative) - USD ($)	5 Months Ended		12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Related Party Transaction [Line Items]
[custom:CapitalContribution]	$ 146,114	$ 0	$ 0	$ 0
Olegas Tunevicius [Member]
Related Party Transaction [Line Items]
[custom:CapitalContribution]	$ 146,114
Proceeds from Related Party Debt			34,930
Due to Related Parties			$ 71,724	$ 36,794

INCOME TAXES (Details - Deferre

INCOME TAXES (Details - Deferred taxes) - USD ($)	5 Months Ended	12 Months Ended
	Dec. 31, 2022	Jul. 31, 2022	Jul. 31, 2021
Income Tax Disclosure [Abstract]
Deferred Tax Assets, Operating Loss Carryforwards	$ 185,842	$ 143,579	$ 79,876
Effective Income Tax Rate Reconciliation, Percent	21%	21%	21%
Deferred Tax Assets, Gross	$ 39,027	$ 30,152	$ 16,774
Deferred Tax Assets, Valuation Allowance	(39,027)	(30,152)	(16,774)
Deferred Tax Assets, Net of Valuation Allowance	$ 0	$ 0	$ 0

INCOME TAXES (Details - Tax exp

INCOME TAXES (Details - Tax expense) - USD ($)	5 Months Ended		12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Income Tax Disclosure [Abstract]
Computed “expected” tax benefit	$ 8,875		$ (13,378)	$ (9,671)
Change in valuation allowance	(8,875)		13,378	9,671
Actual tax expense (benefit)	$ 0	$ 0	$ 0	$ 0

TRANSITION PERIOD (Details - Ba

TRANSITION PERIOD (Details - Balance Sheet) - USD ($)	Dec. 31, 2022	Jul. 31, 2022	Dec. 31, 2021	Jul. 31, 2021	Jul. 31, 2020
Current Assets
Cash	$ 0	$ 1,889	$ 72	$ 124
Prepaid Rent	0	72	117	104
Prepaid Expenses	0	621	325	621
Total Current Assets	0	2,582	514	849
Intangible Assets, Net	0	21,084	0	0
TOTAL ASSETS	0	23,666	514	849
Current Liabilities
Accounts Payable	18,597		0
Payroll Liabilities	0	68,400	34,200	22,800
Related Party Payable	0	71,724	47,631	36,794
Total Current Liabilities	18,597	146,114	81,831	59,594
Total Liabilities	18,597	146,114	81,831	59,594
Stockholders’ Deficit
Common Stock, $0.001 par value 75,000,000 authorized, 4,381,550 shares issued and outstanding as of December 31, 2022, July 31, 2021 and July 31, 2020	4,381	4,381	4,381	4,381
Additional Paid in Capital	162,864	16,750	16,750	16,750
Accumulated deficit	(185,842)	(143,579)	(102,448)	(79,876)
Total Stockholders’ Deficit	(18,597)	(122,448)	(81,317)	(58,745)	$ (12,692)
TOTAL LIABILITIES & STOCKHOLDERS’ DEFICIT	$ 0	$ 23,666	$ 514	$ 849

TRANSITION PERIOD (Details - St

TRANSITION PERIOD (Details - Statement of Operations) - USD ($)	5 Months Ended		12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Transition Period Comparative Data
REVENUE	$ 0	$ 0	$ 0	$ 0
EXPENSES
General and Administrative Costs	22,973	11,460	45,670	22,934
Amortization Expense	0	0	900	0
Professional fees	18,597	10,962	16,820	22,764
Rent Expense	693	150	313	355
Total expenses	42,263	22,572	63,703	46,053
Loss from Operations	(42,263)	(22,572)	(63,703)	(46,053)
Income Tax Expense	0	0	0	0
NET LOSS AFTER TAX AND COMPREHENSIVE LOSS	$ (42,263)	$ (22,572)	$ (63,703)	$ (46,053)
Earnings Per Share, Basic	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.01)
Earnings Per Share, Diluted	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.01)
Weighted Average Number of Shares Outstanding, Basic	4,381,550	4,381,550	4,381,550	4,381,550
Weighted Average Number of Shares Outstanding, Diluted	4,381,550	4,381,550	4,381,550	4,381,550

TRANSITION PERIOD (Details - Ca

TRANSITION PERIOD (Details - Cash Flows) - USD ($)	5 Months Ended		12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES
Net Loss	$ (42,263)	$ (22,572)	$ (63,703)	$ (46,053)
Adjustments to reconcile Net Loss to net cash provided by operations:
Capital contribution	146,114	0	0	0
Write off of intangible assets	21,084	0	0	0
Prepaid Rent	693	283	32	117
Payroll Liabilities	(68,400)	11,400	45,600	22,800
Accounts Payable	12,607	0	5,990	0
Net cash provided by (used in) Operating Activities	69,835	(10,889)	(11,181)	(23,136)
CASH FLOWS FROM FINANCING ACTIVITIES
Related Party Payable	(71,724)	10,837	34,930	21,650
Net cash provided by Financing Activities	(71,724)	10,837	34,930	21,650
Net cash increase for period	(1,889)	(52)	1,765	(1,486)
Cash at beginning of period	1,889	124	124	1,610
Cash at end of period	$ 0	$ 72	$ 1,889	$ 124