Carriage House Event Center (CRGH) 10-QT 18 Nov 20 2020 Q3 Quarterly report for transitional period Financial data

Cover

Cover	9 Months Ended
	Sep. 30, 2020shares
Cover [Abstract]
Document Type	10-QT
Amendment Flag	false
Document Period End Date	Sep. 30, 2020
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2020
Current Fiscal Year End Date	--12-31
Entity File Number	333-236117
Entity Registrant Name	Carriage House Event Center, Inc.
Entity Central Index Key	0001798458
Entity Incorporation, State or Country Code	CO
Entity Current Reporting Status	No
Entity Interactive Data Current	No
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 Common Stock, Shares Outstanding	4,450,000

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash	$ 19,577	$ 32,688
Total current assets	19,577	32,688
Total assets	19,577	32,688
Current liabilities:
Accounts payable
Related party debt	81,500
Current liabilities	81,500
Related party debt – long term		103,500
Total liabilities	81,500	103,500
Stockholders’ Deficit:
Common stock, $0.001 par value; 50,000,000 shares authorized; 4,450,000 and 4,150,000 shares issued and outstanding, respectively	4,450	4,150
Additional paid in capital	29,700
Accumulated deficit	(96,073)	(74,962)
Total Stockholders’ Deficit	(61,923)	(70,812)
Total Liabilities and Stockholders’ Deficit	$ 19,577	$ 32,688

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	45,000,000	50,000,000
Common stock, shares issued	4,450,000	4,150,000
Common stock, shares outstanding	4,450,000	4,150,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Expenses:
General and administrative	$ 6,095	$ 12,725	$ 21,111	$ 20,740
Total operating expenses	6,095	12,725	21,111	20,740
Loss before provision for income taxes	(6,095)	(12,725)	(21,111)	(20,740)
Provision for income taxes
Net loss	$ (6,095)	$ (12,725)	$ (21,111)	$ (20,740)
Net Loss per common share Basic and diluted	$ 0	$ 0	$ 0	$ 0
Weighted average shares outstanding Basic and diluted	4,335,217	4,150,000	4,211,964	4,150,000

Statements of Stockholders_ Def

Statements of Stockholders’ Deficit (unaudited) - USD ($)	Common Stock [Member]	Additional paid in Capital	Accumulated Deficit [Member]	Total
Balance at Dec. 31, 2018	$ 4,150		$ (37,079)	$ (32,929)
Balance, shares at Dec. 31, 2018	4,150,000
Net loss			(3,500)	(3,500)
Balance at Mar. 31, 2019	$ 4,150		(40,579)	(36,429)
Balance, shares at Mar. 31, 2019	4,150,000
Balance at Dec. 31, 2018	$ 4,150		(37,079)	(32,929)
Balance, shares at Dec. 31, 2018	4,150,000
Net loss				(20,740)
Balance at Sep. 30, 2019	$ 4,150		(57,819)	(53,669)
Balance, shares at Sep. 30, 2019	4,150,000
Balance at Mar. 31, 2019	$ 4,150		(40,579)	(36,429)
Balance, shares at Mar. 31, 2019	4,150,000
Net loss			(4,515)	(4,515)
Balance at Jun. 30, 2019	$ 4,150		(45,094)	(40,944)
Balance, shares at Jun. 30, 2019	4,150,000
Net loss			(12,725)	(12,725)
Balance at Sep. 30, 2019	$ 4,150		(57,819)	(53,669)
Balance, shares at Sep. 30, 2019	4,150,000
Balance at Dec. 31, 2019	$ 4,150		(74,962)	(70,812)
Balance, shares at Dec. 31, 2019	4,150,000
Net loss			(14,716)	(14,716)
Balance at Mar. 31, 2020	$ 4,150		(89,678)	(85,528)
Balance, shares at Mar. 31, 2020	4,150,000
Balance at Dec. 31, 2019	$ 4,150		(74,962)	(70,812)
Balance, shares at Dec. 31, 2019	4,150,000
Net loss				(21,111)
Balance at Sep. 30, 2020	$ 4,450		(96,073)	(61,923)
Balance, shares at Sep. 30, 2020	4,450,000
Balance at Mar. 31, 2020	$ 4,150		(89,678)	(85,528)
Balance, shares at Mar. 31, 2020	4,150,000
Net loss			(300)	(300)
Balance at Jun. 30, 2020	$ 4,150		(89,978)	(85,828)
Balance, shares at Jun. 30, 2020	4,150,000
Common stock sold for cash	$ 300	$ 29,700		30,000
Common stock sold for cash, shares	300,000
Net loss			(6,095)	(6,095)
Balance at Sep. 30, 2020	$ 4,450		$ (96,073)	$ (61,923)
Balance, shares at Sep. 30, 2020	4,450,000

Statements of Cash Flows (Unaud

Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Cash flows from operating activities:
Net loss	$ (21,111)	$ (20,740)
Adjustments to reconcile net loss to net cash used by operating activities:
Net cash used by operating activities	(21,111)	(20,740)
Cash flows from investing activities:
Cash flows from financing activities:
Proceeds from the sale of common stock	30,000
Payments on related party loan	(22,000)
Proceeds from related party loans		38,000
Net cash provided by financing activities	8,000	38,000
Net change in cash	(13,111)	17,260
Cash at beginning of period	32,688	8,571
Cash at end of period	19,577	25,831
Supplemental schedule of cash flow information:
Interest paid
Income taxes paid

ORGANIZATION AND DESCRIPTION OF

ORGANIZATION AND DESCRIPTION OF BUSINESS	9 Months Ended
	Sep. 30, 2020
Accounting Policies [Abstract]
ORGANIZATION AND DESCRIPTION OF BUSINESS	NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS Carriage House Events Center, Inc. (the “Company” or “We”) were incorporated under the laws of the State Colorado on June 26, 2010. The Company is developing its planned principal operations. A new corporation Blue Carriage Events, Inc. (“Blue Carriage”) was formed under the laws of the State of Colorado in September 2018. Blue Carriage issued the Company 100 shares and is a wholly owned subsidiary of the Company.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2020
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of presentation The Company’s unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The accompanying unaudited condensed consolidated financial statements reflect all adjustments, consisting of only normal recurring items, which, in the opinion of management, are necessary for a fair statement of the results of operations for the periods shown and are not necessarily indicative of the results to be expected for the full year ending December 31, 2020. These unaudited condensed financial statements should be read in conjunction with the audited consolidated financial statements and the notes thereto that are included in the Company’s S-1 offering memorandum, which became effective by the SEC on May 8, 2020. 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 of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results may differ from those estimates. Principles of Consolidation The unaudited condensed consolidated financial statements include the accounts of the Company and Blue Carriage Events, Inc. and its wholly owned subsidiary. Intercompany balances and transactions have been eliminated in consolidation. During the year ended December 31, 2019 and the nine months ended September 30, 2020 Blue Carriage has had no transactions and has no bank account. Recent Accounting Standards In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses, and also issued subsequent amendments to the initial guidance, ASU 2018-19, ASU 2019-04, ASU 2019-05, and ASU 2019-11 (collectively, Topic 326), to introduce a new impairment model for recognizing credit losses on financial instruments based on an estimate of current expected credit losses (CECL). Under Topic 326, an entity is required to estimate CECL on available-for-sale (AFS) debt securities only when the fair value is below the amortized cost of the asset and is no longer based on an impairment being “other-than-temporary” and is required to estimate CECL on trade receivables at inception, based on historical information, current conditions, and reasonable and supportable forecasts. Topic 326 also requires the impairment calculation on an individual security level and requires an entity use present value of cash flows when estimating the CECL. The credit-related losses are required to be recognized through earnings and non-credit related losses are reported in other comprehensive income. In April 2019, the FASB further clarified the scope of Topic 326 and addressed issues related to accrued interest receivable balances, recoveries, variable interest rates and prepayment. The new guidance will require modified retrospective application to all outstanding instruments, with a cumulative effect adjustment recorded to opening retained earnings as of the beginning of the first period in which the guidance becomes effective. The amendments in this Update for the Company are effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. Early adoption is permitted in any interim period after the issuance of this of this Update. The Company is evaluating the impact of the adoption of the new standard on its consolidated financial statement and disclosures.

GOING CONCERN

GOING CONCERN	9 Months Ended
	Sep. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern	NOTE 3 - GOING CONCERN The accompanying unaudited condensed consolidated financial statements have been prepared assuming that the company will continue as a going concern. The Company has incurred losses since inception and has used mainly related party loans to finance activities during the period from June 26, 2010 (inception) through September 30, 2020, with no resulting revenues. The Company does not have sufficient working capital for its planned activity, and to service its debt, which raises substantial doubt about its ability to continue as a going concern. The Company’s ability to achieve a level of profitable operations and/or additional financing impacts the Company’s ability to continue as it is presently organized. Management continues to develop its planned principal operations. Should management be unsuccessful in its operating activities, the Company may substantially curtail or terminate its operations. The financial statements do not include any adjustments that might result from the outcome of this uncertainty. The COVID-19 Pandemic has had a dramatic effect on the operations of the Company. The Event Center business has come to a complete standstill because of rules against gatherings in most cities and states. It has become impossible for the Company to continue with its proposed business plan and to raise the additional funding to construct the event center as outlined in the Company business plan. The COVID-19 Pandemic has had a dramatic effect on the wedding business in America and on the plans for the Company. According to “The Wedding Report,” of July 29, 2020, the COVID-19 Pandemic has had an enormous effect on the wedding business in 2020. However, those that have had their reservations at an event center, sometimes a year in advance, have had to postpone or cancel, usually because of the requirement to limited numbers of people at gatherings imposed by mayors and governors. The event center business has suffered with these cancellations. So many of the weddings that are going ahead, are doing so in a situation involving far less guests, and held in such places as a back yard. While weddings are a major part of the business of an event center, other meetings such as corporate functions have almost all been cancelled. Our company is based heavily on an event center, and thus on meetings of 50 to 1000 people, the progress of the company has been dramatically curtailed in a number of ways. First, in the raising of capital through investors in our public offering and in additional private capital. Second, in advancing our business plan in a number of areas, including getting the interest of companies that might be interested in participating in our overall concept. There is no way of knowing when the COVID-19 pandemic will subside and allow public meetings. If the pandemic does not subside quickly, the Company may have to change directions. The officers of the Company have started to explore alternative business plans for the Company, which could include seeking a buyer for the Company.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2020
Related Party Transactions [Abstract]
Related Party Debt	NOTE 4 – RELATED PARTY TRANSACTIONS Related Party Debt The Company has entered into promissory notes (each a “Note” and collectively the “Notes”) with related parties, Terayco Enterprises, LTD. (“Terayco”) and A. Terry Ray (“Terry Ray”). Terayco (the “Holder”) is a corporation owned by Phillip E. Ray, the husband of A. Terry Ray, and A. Terry Ray, the principal shareholder of the Company. Terry Ray (the “Holder”) is the principal shareholder of the Company. During the six months ended June 30, 2020, the Company repaid Terry Ray a total of $11,000, which paid off one note in the amount of $5,000 and a second note for $1,000 and paid $5,000 towards the note of $14,000 leaving a balance of $9,000 which was turned into a new promissory note. During the three months of July-September, the Company repaid Terry Ray a total of $11,000, which paid off one note of $9,000 and paid $2,000 toward another note. As of September 30, 2020 and December 31, 2019, the Company was indebted to Terayco and Terry Ray in the aggregate principal amount of $81,500 and $103,500, respectively. The details of each note by the year of issue is as follows: 2012: ● The Note was amended December 31, 2013 At the time of issue, the terms of the Note were it matured two years from the date of issuance at which time the outstanding principal amount of the Note and all accrued and unpaid interest thereon was due and payable by the Company. The Note is interest free for the first year from issuance, after which time it bears interest at the rate of 4% per annum. Interest is accrued and compounded monthly and becomes payable on the maturity date. The principal amount of the Note may be prepaid by the Company, in whole or in part without premium or penalty, at any time. Upon any prepayment of the entire principal amount of the Notes, all accrued but unpaid interest shall be paid to the Holder on the date of prepayment The Note becomes due and payable immediately upon the failure by the Company to pay within five (5) days of the due date of any amount of the principal or accrued interest on the Note The unpaid principal on these Notes shall be convertible, at the sole and exclusive option of the Holder, prior to the payment in full of the principal and interest outstanding under the Notes into common stock of the Company. The Holder of the Note must give ten (10) days advanced written notice to the Company of its intention to convert the Note, unless agreed to otherwise by the parties. The number of shares issuable upon any optional conversion hereunder, whether the entire Note or any part thereof, shall be equal to that number of shares of common stock of the Company that results from dividing the amount of the Note to be converted by $0.01 per share, unless agreed to otherwise by the Note Holder and the Board of Directors of the Company. At the time of issue, the terms of the Note were it matured two years from the date of issuance at which time the outstanding principal amount of the Note and all accrued and unpaid interest thereon was due and payable by the Company. The Note is interest free for the first year from issuance, after which time it bears interest at the rate of 4% per annum. Interest is accrued and compounded monthly and becomes payable on the maturity date. At December 31, 2013 the Company entered into an agreement with Terayco to issue 50,000 shares, at par value of $.001 of common stock of the authorized but unissued stock of the company to amend the $7,000 note to remove the optional conversion and extend the maturity date and the interest date to December 31, 2018. The shares were issued February 15, 2014 (note 5). The note was further amended at December 31, 2018 to extend the maturity date and the interest date to December 31, 2020 2014: ● A convertible promissory note was issued to Terayco on December 31, 2014 in the amount of $14,000. At the time of issue, the terms of the Note were it matured two years from the date of issuance at which time the outstanding principal amount of the Note and all accrued and unpaid interest thereon is due and payable by the Company. The Note is interest free for the first year from issuance, after which time it bears interest at the rate of 4% per annum. Interest is accrued and compounded monthly and becomes payable on the maturity date. The principal amount of the Note may be prepaid by the Company, in whole or in part without premium or penalty, at any time. Upon any prepayment of the entire principal amount of the Notes, all accrued but unpaid interest shall be paid to the Holder on the date of prepayment. The Note becomes due and payable immediately upon the failure by the Company to pay within five (5) days of the due date of any amount of the principal or accrued interest on the Note. The unpaid principal on these Notes shall be convertible, at the sole and exclusive option of the Holder, prior to the payment in full of the principal and interest outstanding under the Notes into common stock of the Company. The Holder of the Note must give ten (10) days advanced written notice to the Company of its intention to convert the Note, unless agreed to otherwise by the parties. The number of shares issuable upon any optional conversion hereunder, whether the entire Note or any part thereof, shall be equal to that number of shares of common stock of the Company that results from dividing the amount of the Note to be converted by $0.01 per share, unless agreed to otherwise by the Note Holder and the Board of Directors of the Company At December 31, 2015 the Company entered into an agreement with Terayco to issue 50,000 shares, at par value of $.001 of common stock of the authorized but unissued stock of the company to amend the $14,000 note to remove the optional conversion and extend the maturity date and the interest date to December 31, 2018. The shares were issue on January 10, 2016 (note 5). The note was further amended at December 31, 2018 to extend the maturity date and the interest date to December 31, 2020. 2015: ● A promissory note was issued to A. Terry Ray on June 22, 2015 in the amount of $1,000 The note matures December 31, 2018. The note is interest free until December 31, 2018 after which time it will bear interest at the rate of 4% per annum. Interest is accrued and compounded monthly and becomes payable on the maturity date. The note matures December 31, 2018. The note is interest free until December 31, 2018 after which time it will bear interest at the rate of 4% per annum. Interest is accrued and compounded monthly and becomes payable on the maturity date. The principal amount of the Note may be prepaid by the Company, in whole or in part without premium or penalty, at any time. Upon any prepayment of the entire principal amount of the Notes, all accrued but unpaid interest shall be paid to the Holder on the date of prepayment. The note was amended at December 31, 2018 to extend the maturity date and the interest date to December 31, 2020. This Note was paid in full on April 1, 2020. ● A promissory note was issued to Terayco on July 23, 2015 in the amount of $5,500 The note matures December 31, 2018. The note is interest free until December 31, 2018 after which time it will bear interest at the rate of 4% per annum. Interest is accrued and compounded monthly and becomes payable on the maturity date. The principal amount of the Note may be prepaid by the Company, in whole or in part without premium or penalty, at any time. Upon any prepayment of the entire principal amount of the Notes, all accrued but unpaid interest shall be paid to the Holder on the date of prepayment. The note was amended at December 31, 2018 to extend the maturity date and the interest date to December 31, 2020. 2017: ● A promissory note was issued to Terayco on December 31, 2017 in the amount of $300. The note matures December 31, 2019. The note is interest free until December 31, 2019 after which time it will bear interest at the rate of 4% per annum. Interest is accrued and compounded monthly and becomes payable on the maturity date. The principal amount of the Note may be prepaid by the Company, in whole or in part without premium or penalty, at any time. Upon any prepayment of the entire principal amount of the Notes, all accrued but unpaid interest shall be paid to the Holder on the date of prepayment. This note was repaid to Terayco on November 20, 2018 2018: ● A promissory note was issued to Terayco on February 26, 2018 in the amount of $350. The note matures December 31, 2019. The note is interest free until December 31, 2019 after which time it will bear interest at the rate of 4% per annum. Interest is accrued and compounded monthly and becomes payable on the maturity date. The principal amount of the Note may be prepaid by the Company, in whole or in part without premium or penalty, at any time. Upon any prepayment of the entire principal amount of the Notes, all accrued but unpaid interest shall be paid to the Holder on the date of prepayment. This note was repaid to Terayco on November 20, 2018. ● A promissory note was issued to A. Terry Ray on September 11, 2018 in the amount of $14,000. The note matures December 31, 2019. The note is interest free until December 31, 2019 after which time it will bear interest at the rate of 4% per annum. Interest is accrued and compounded monthly a nd becomes payable on the maturity date. The principal amount of the Note may be prepaid by the Company, in whole or in part without premium or penalty, at any time. Upon any prepayment of the entire principal amount of the Notes, all accrued but unpaid interest shall be paid to the Holder on the date of prepayment. The note was amended at December 31, 2019 to extend the maturity date and the interest date to December 31, 2020 On April 1, 2020, the Company paid A. Terry Ray an amount of $5,000 toward payment of this note leaving a balance due of $9,000. This note was marked Paid in Full and a new note was made for the amount of $9,000 dated April 1, 2020. 2019: ● A promissory note was issued to A. Terry Ray on July 2, 2019 in the amount of $5,000 The note matures December 31, 2020. The note is interest free until December 31, 2020 after which time it will bear interest at the rate of 4% per annum. Interest is accrued and compounded monthly and becomes payable on the maturity date. The principal amount of the Note may be prepaid by the Company, in whole or in part without premium or penalty, at any time. Upon any prepayment of the entire principal amount of the Notes, all accrued but unpaid interest shall be paid to the Holder on the date of prepayment. This note was paid in full on January 27, 2020. ● A promissory note was issued to A. Terry, the Company President, on September 10, 2019 in the amount of $33,000. The note matures December 31, 2020. The note is interest free until December 31, 2020 after which time it will bear interest at the rate of 4% per annum. Interest is accrued and compounded monthly and becomes payable on the maturity date. The principal amount of the Note may be prepaid by the Company, in whole or in part without premium or penalty, at any time. Upon any prepayment of the entire principal amount of the Notes, all accrued but unpaid interest shall be paid to the Holder on the date of prepayment ● A promissory note was issued to A. Terry Ray on December 23, 2019 in the amount of $24,000. The note matures December 31, 2020. The note is interest free until December 31, 2020 after which time it will bear interest at the rate of 4% per annum. Interest is accrued and compounded monthly and becomes payable on the maturity date. The principal amount of the Note may be prepaid by the Company, in whole or in part without premium or penalty, at any time. Upon any prepayment of the entire principal amount of the Notes, all accrued but unpaid interest shall be paid to the Holder on the date of prepayment. $2,000 was repaid toward this note in the third quarter of 2020, leaving a balance of $22,000. ● A promissory note was issued to A. Terry Ray, the Company President, on April 1, 2020, in the amount of $9,000. This note replaces the note of September 11, 2018 in the amount of $14,000 of which $5,000 was repaid. The note in the amount of $9,000 was paid off in the third quarter of 2020. The following table summarizes the issue period of each outstanding note as of: September 30, 2020 December 31, 2019 Note #2 December 31, 2012 $ 7,000 $ 7,000 Terayco International Note #3 December 31, 2014 $ 14,000 $ 14,000 Terayco International Note #5 July 15, 2015 $ 5,500 $ 6,500 Terayco International Note #10 September 10, 2019 $ 33,000 $ 33,000 Terry Ray Note #11 November 23, 2020 $ 22,000 $ 24,000 Terry Ray Note #12 April 1, 2020 $ - $ 19,000 Terry Ray TOTAL $ 81,500 $ 103,500 Other Related Party Transactions During the nine months ended September 30, 2020 and 2019, the Company paid a total of $7,000 and $3,200, respectively, to American Business Institute for consulting fees. American Business Institute is a Colorado corporation is controlled by Darin Ray who is the son of our President, A. Terry Ray.

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	9 Months Ended
	Sep. 30, 2020
Equity [Abstract]
Stockholder Equity	NOTE 5 — STOCKHOLDERS’ EQUITY Common Stock There are 45,000,000 shares of Common Stock, $0.001 par value, authorized, with 4,450,000 shares issued and outstanding at the end of September 30, 2020. There are 5,000,000 shares of Preferred stock authorized, none of which is issued and outstanding. The holders of Common Stock are entitled to one vote for each share held on all matters submitted to a vote of shareholders. Holders of Common Stock are entitled to receive ratably such dividends, if any, as may be declared by the Board of Directors out of funds legally available therefore, subject to any preferential dividend rights of outstanding Preferred Stock, which may be authorized and issued in the future. Upon a liquidation, dissolution or winding up of the Company, the holders of Common Stock are entitled to receive ratably the net assets available after the payment of all debts and other liabilities, and subject further only to the prior rights of any outstanding Preferred Stock which may be authorized and issued in the future. The holders of Common Stock have no preemptive, subscription, redemption or conversion rights. The outstanding shares of Common Stock are, and the shares offered herein will be, when issued and paid for, fully paid and non-assessable. Cumulative voting in the election of directors is not permitted and the holders of a majority of the number of outstanding shares will be in a position to control the election of directors at a general shareholder meeting and may elect all of the directors standing for election. We have no present intention to pay cash dividends to the holders of Common Stock. In 2020, the Company filed an S-1 Registration Statement to register 1,000,000 shares of the Company’s common stock to be sold to the public at the price of $0.10 per share for a total of $100,000. The Registration Statement became effective on May 8, 2020. During the nine months ended September 30, 2020, the Company sold 300,000 shares of common stock at $0.10 per share for gross proceeds of $30,000. The shares were sold by the officers and Directors of the Company and no broker commissions were paid. There is no guarantee that additional shares will be sold from the Registration Statement.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2020
Subsequent Events [Abstract]
Subsequent Events	NOTE 6 — SUBSEQUENT EVENTS Management has evaluated subsequent events pursuant to the requirements of ASC Topic 855, from the balance sheet date through the date the financial statements were issued and has determined that no material subsequent events exist.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2020
Accounting Policies [Abstract]
Basis of Presentation	Basis of presentation The Company’s unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The accompanying unaudited condensed consolidated financial statements reflect all adjustments, consisting of only normal recurring items, which, in the opinion of management, are necessary for a fair statement of the results of operations for the periods shown and are not necessarily indicative of the results to be expected for the full year ending December 31, 2020. These unaudited condensed financial statements should be read in conjunction with the audited consolidated financial statements and the notes thereto that are included in the Company’s S-1 offering memorandum, which became effective by the SEC on May 8, 2020.
Use of Estimates	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 of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results may differ from those estimates.
Principles of Consolidation	Principles of Consolidation The unaudited condensed consolidated financial statements include the accounts of the Company and Blue Carriage Events, Inc. and its wholly owned subsidiary. Intercompany balances and transactions have been eliminated in consolidation. During the year ended December 31, 2019 and the nine months ended September 30, 2020 Blue Carriage has had no transactions and has no bank account.
Recent Accounting Standards	Recent Accounting Standards In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses, and also issued subsequent amendments to the initial guidance, ASU 2018-19, ASU 2019-04, ASU 2019-05, and ASU 2019-11 (collectively, Topic 326), to introduce a new impairment model for recognizing credit losses on financial instruments based on an estimate of current expected credit losses (CECL). Under Topic 326, an entity is required to estimate CECL on available-for-sale (AFS) debt securities only when the fair value is below the amortized cost of the asset and is no longer based on an impairment being “other-than-temporary” and is required to estimate CECL on trade receivables at inception, based on historical information, current conditions, and reasonable and supportable forecasts. Topic 326 also requires the impairment calculation on an individual security level and requires an entity use present value of cash flows when estimating the CECL. The credit-related losses are required to be recognized through earnings and non-credit related losses are reported in other comprehensive income. In April 2019, the FASB further clarified the scope of Topic 326 and addressed issues related to accrued interest receivable balances, recoveries, variable interest rates and prepayment. The new guidance will require modified retrospective application to all outstanding instruments, with a cumulative effect adjustment recorded to opening retained earnings as of the beginning of the first period in which the guidance becomes effective. The amendments in this Update for the Company are effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. Early adoption is permitted in any interim period after the issuance of this of this Update. The Company is evaluating the impact of the adoption of the new standard on its consolidated financial statement and disclosures.

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	9 Months Ended
	Sep. 30, 2020
Related Party Transactions [Abstract]
Schedule of Related Party Debt	The following table summarizes the issue period of each outstanding note as of: September 30, 2020 December 31, 2019 Note #2 December 31, 2012 $ 7,000 $ 7,000 Terayco International Note #3 December 31, 2014 $ 14,000 $ 14,000 Terayco International Note #5 July 15, 2015 $ 5,500 $ 6,500 Terayco International Note #10 September 10, 2019 $ 33,000 $ 33,000 Terry Ray Note #11 November 23, 2020 $ 22,000 $ 24,000 Terry Ray Note #12 April 1, 2020 $ - $ 19,000 Terry Ray TOTAL $ 81,500 $ 103,500

ORGANIZATION AND DESCRIPTION _2

ORGANIZATION AND DESCRIPTION OF BUSINESS (Details Narrative)	Sep. 30, 2018shares
Blue Carriage [Member]
Number of shares issued	100

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)

Apr. 02, 2020

Dec. 23, 2019

Dec. 23, 2019

Sep. 10, 2019

Jul. 02, 2019

Sep. 11, 2018

Feb. 26, 2018

Dec. 31, 2017

Dec. 31, 2015

Jul. 23, 2015

Jun. 22, 2015

Dec. 31, 2014

Dec. 13, 2013

Dec. 31, 2012

Sep. 30, 2020

Sep. 30, 2019

Dec. 31, 2019

Repayment of related party debt

$ 22,000

Common stock par value

$ 0.001

$ 0.001

Balance due

$ 103,500

Terayco Enterprises Ltd [Member]

Debt maturity date description

The note was further amended at December 31, 2018 to extend the maturity date and the interest date to December 31, 2020.

The note was further amended at December 31, 2018 to extend the maturity date and the interest date to December 31, 2020

Number of shares issued

50,000

50,000

Common stock par value

$ 0.001

$ 0.001

Debt instrument description

At December 31, 2015 the Company entered into an agreement with Terayco to issue 50,000 shares, at par value of $.001 of common stock of the authorized but unissued stock of the company to amend the $14,000 note to remove the optional conversion and extend the maturity date and the interest date to December 31, 2018. The shares were issue on January 10, 2016

At December 31, 2013 the Company entered into an agreement with Terayco to issue 50,000 shares, at par value of $.001 of common stock of the authorized but unissued stock of the company to amend the $7,000 note to remove the optional conversion and extend the maturity date and the interest date to December 31, 2018. The shares were issued February 15, 2014

American Business Institute [Member]

Consulting fees

7,000

$ 3,200

Terry Ray [Member]

Repayment of related party debt

11,000

Terry Ray [Member] | Terayco Enterprises Ltd [Member]

Repayment of related party debt

9,000

Debt Instrument, Periodic Payment, Principal

92,500

$ 103,500

Promissory Note [Member]

Debt Instrument, Periodic Payment, Interest

5,000

Debt Instrument, Periodic Payment

14,000

Debt Instrument, Periodic Payment, Principal

$ 9,000

Debt maturity date description

All Promissory Notes mature on December 31, 2020 except for the new note in 2020, which matures on December 31, 2021.

Promissory Note [Member] | Terayco Enterprises Ltd [Member]

Debt maturity date description

The note matures December 31, 2019.

The note matures December 31, 2019

The note was amended at December 31, 2018 to extend the maturity date and the interest date to December 31, 2020.

Convertible promissory note

$ 350

$ 300

$ 5,500

$ 14,000

$ 7,000

Debt instrument term

2 years

2 years

Debt instrument interest rate percentage

4.00%

4.00%

4.00%

4.00%

4.00%

Debt instrument conversion price

$ 0.01

$ 0.01

Debt instrument description

This note was repaid to Terayco on November 20, 2018.

This note was repaid to Terayco on November 20, 2018

Promissory Note [Member] | Terry Ray [Member]

Repayment of related party debt

$ 5,000

$ 2,000

Debt maturity date description

The note matures December 31, 2020

The note matures December 31, 2020

The note matures December 31, 2020.

The note was amended at December 31, 2019 to extend the maturity date and the interest date to December 31, 2020

The note was amended at December 31, 2018 to extend the maturity date and the interest date to December 31, 2020. This Note was paid in full on April 1, 2020.

Convertible promissory note

$ 33,000

$ 5,000

$ 14,000

$ 1,000

Debt instrument interest rate percentage

4.00%

4.00%

4.00%

4.00%

Debt instrument description

This note was paid in full on January 27, 2020.

Balance due

$ 9,000

$ 22,000

$ 22,000

Second Note [Member]

Repayment of related party debt

$ 1,000

One Note [Member]

Repayment of related party debt

$ 5,000

Related Party Debt - Schedule o

Related Party Debt - Schedule of Related Party Debt (Details) - USD ($)	9 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Total Related Party Debt	$ 81,500	$ 103,500
Note Two [Member] | Terayco International [Member]
Total Related Party Debt	$ 7,000	7,000
Debt issuance date	Dec. 31, 2012
Note Three [Member] | Terayco International [Member]
Total Related Party Debt	$ 14,000	14,000
Debt issuance date	Dec. 31, 2014
Note Five [Member] | Terayco International [Member]
Total Related Party Debt	$ 5,500	6,500
Debt issuance date	Jul. 15, 2015
Note Ten [Member] | Terry Ray [Member]
Total Related Party Debt	$ 33,000	33,000
Debt issuance date	Sep. 10, 2019
Note Eleven [Member] | Terry Ray [Member]
Total Related Party Debt	$ 24,000	24,000
Debt issuance date	Nov. 23, 2020
Note Twelve [Member] | Terry Ray [Member]
Total Related Party Debt		19,000
Debt issuance date	Apr. 1, 2020
December 31, 2012 [Member] | Terayco International [Member]
Total Related Party Debt	$ 7,000	7,000
December 31, 2014 [Member] | Terayco International [Member]
Total Related Party Debt	14,000	14,000
July 15, 2015 [Member] | Terayco International [Member]
Total Related Party Debt	5,500	6,500
September 10, 2019 [Member] | A. Terry Ray [Member]
Total Related Party Debt	33,000	33,000
November 23, 2020 [Member] | A. Terry Ray [Member]
Total Related Party Debt	22,000	24,000
April 1, 2020 [Member] | Terry Ray [Member]
Total Related Party Debt		$ 19,000

STOCKHOLDERS_ EQUITY (Details N

STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Equity [Abstract]
Common stock, shares authorized	45,000,000	50,000,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares issued	4,450,000	4,150,000
Common stock, shares outstanding	4,450,000	4,150,000
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Sale of stock description	In 2020, the Company filed an S-1 Registration Statement to register 1,000,000 shares of the Company’s common stock to be sold to the public at the price of $0.10 per share for a total of $100,000. The Registration Statement became effective on May 8, 2020.
Sale of stock, number of shares issued	300,000
Sale of shares price per share	$ 0.10
Sale of stock, number of shares issued, amount	$ 30,000