Cover
Cover - shares | 9 Months Ended | |
Sep. 30, 2022 | Nov. 11, 2022 | |
Cover [Abstract] | ||
Document Type | 10-Q | |
Amendment Flag | false | |
Document Quarterly Report | true | |
Document Transition Report | false | |
Document Period End Date | Sep. 30, 2022 | |
Document Fiscal Period Focus | Q3 | |
Document Fiscal Year Focus | 2022 | |
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 Address, Address Line One | 558 Castle Pines Parkway | |
Entity Address, Address Line Two | B-4, Suite 140 | |
Entity Address, City or Town | Castle Pines | |
Entity Address, State or Province | CO | |
Entity Address, Postal Zip Code | 80108 | |
City Area Code | 303 | |
Local Phone Number | 730-7939 | |
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, 2022 | Dec. 31, 2021 |
Current assets: | ||
Cash | $ 1,306 | $ 964 |
Total current assets | 1,306 | 964 |
Total assets | 1,306 | 964 |
Current liabilities: | ||
Related party debt | 22,000 | |
Non-current liabilities | ||
Related party debt long term | 109,300 | 75,500 |
Total liabilities | 109,300 | 97,500 |
Commitments and contingencies | ||
Stockholders Deficit: | ||
Preferred stock, $0.001 par value; 5,000,000 shares authorized; no shares issued and outstanding | ||
Common stock; $0.001 par value; 45,000,000 shares authorized; 4,450,000 shares issued and outstanding | 4,450 | 4,450 |
Additional paid in capital | 29,700 | 29,700 |
Accumulated deficit | (142,144) | (130,686) |
Total Stockholders Deficit | (107,994) | (96,536) |
Total Liabilities and Stockholders Deficit | $ 1,306 | $ 964 |
Condensed Consolidated Balanc_2
Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares | Sep. 30, 2022 | Dec. 31, 2021 |
Statement of Financial Position [Abstract] | ||
Preferred Stock, Par or Stated Value Per Share | $ 0.001 | $ 0.001 |
Preferred Stock, Shares Authorized | 5,000,000 | 5,000,000 |
Preferred Stock, Shares Issued | 0 | 0 |
Preferred Stock, Shares Outstanding | 0 | 0 |
Common Stock, Par or Stated Value Per Share | $ 0.001 | $ 0.001 |
Common Stock, Shares Authorized | 45,000,000 | 45,000,000 |
Common Stock, Shares, Issued | 4,450,000 | 4,450,000 |
Common Stock, Shares, Outstanding | 4,450,000 | 4,450,000 |
Condensed Consolidated Statemen
Condensed Consolidated Statements of Operations - USD ($) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | |
Expenses: | ||||
General and administrative | $ 2,866 | $ 14,244 | $ 11,458 | $ 23,783 |
Total operating expenses | 2,866 | 14,244 | 11,458 | 23,783 |
Loss before provision for income taxes | (2,866) | (14,244) | (11,458) | (23,783) |
Provision for income taxes | ||||
Net loss | $ (2,866) | $ (14,244) | $ (11,458) | $ (23,783) |
Net Loss per common share | ||||
Net Loss per common share, diluted | $ 0 | $ 0 | $ 0 | $ 0 |
Net Loss per common share, Basic | $ 0 | $ 0 | $ 0 | $ 0 |
Weighted average shares outstanding | ||||
Weighted average shares outstanding, basic | 4,450,000 | 4,450,000 | 4,450,000 | 4,450,000 |
Weighted average shares outstanding, diluted | 4,450,000 | 4,450,000 | 4,450,000 | 4,450,000 |
Condensed Consolidated Statem_2
Condensed Consolidated Statements of Stockholders' Deficit - USD ($) | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Total |
Beginning balance, value at Dec. 31, 2020 | $ 4,450 | $ 29,700 | $ (103,400) | $ (69,250) |
Beginning Balance, Shares at Dec. 31, 2020 | 4,450,000 | |||
Net loss | (5,824) | (5,824) | ||
Ending balance, value at Mar. 31, 2021 | $ 4,450 | 29,700 | (109,224) | (75,074) |
Ending Balance, Shares at Mar. 31, 2021 | 4,450,000 | |||
Beginning balance, value at Dec. 31, 2020 | $ 4,450 | 29,700 | (103,400) | (69,250) |
Beginning Balance, Shares at Dec. 31, 2020 | 4,450,000 | |||
Net loss | (23,783) | |||
Ending balance, value at Sep. 30, 2021 | $ 4,450 | 29,700 | (127,183) | (93,033) |
Ending Balance, Shares at Sep. 30, 2021 | 4,450,000 | |||
Beginning balance, value at Mar. 31, 2021 | $ 4,450 | 29,700 | (109,224) | (75,074) |
Beginning Balance, Shares at Mar. 31, 2021 | 4,450,000 | |||
Net loss | (3,715) | (3,715) | ||
Ending balance, value at Jun. 30, 2021 | $ 4,450 | 29,700 | (112,939) | (78,789) |
Ending Balance, Shares at Jun. 30, 2021 | 4,450,000 | |||
Net loss | (14,244) | (14,244) | ||
Ending balance, value at Sep. 30, 2021 | $ 4,450 | 29,700 | (127,183) | (93,033) |
Ending Balance, Shares at Sep. 30, 2021 | 4,450,000 | |||
Beginning balance, value at Dec. 31, 2021 | $ 4,450 | 29,700 | (130,686) | $ (96,536) |
Beginning Balance, Shares at Dec. 31, 2021 | 4,450,000 | 4,450,000 | ||
Net loss | (6,226) | $ (6,226) | ||
Ending balance, value at Mar. 31, 2022 | $ 4,450 | 29,700 | (136,912) | (102,762) |
Ending Balance, Shares at Mar. 31, 2022 | 4,450,000 | |||
Beginning balance, value at Dec. 31, 2021 | $ 4,450 | 29,700 | (130,686) | $ (96,536) |
Beginning Balance, Shares at Dec. 31, 2021 | 4,450,000 | 4,450,000 | ||
Net loss | $ (11,458) | |||
Ending balance, value at Sep. 30, 2022 | $ 4,450 | 29,700 | (142,144) | $ (107,994) |
Ending Balance, Shares at Sep. 30, 2022 | 4,450,000 | 4,450,000 | ||
Beginning balance, value at Mar. 31, 2022 | $ 4,450 | 29,700 | (136,912) | $ (102,762) |
Beginning Balance, Shares at Mar. 31, 2022 | 4,450,000 | |||
Net loss | (2,366) | (2,366) | ||
Ending balance, value at Jun. 30, 2022 | $ 4,450 | 29,700 | (139,278) | (105,128) |
Ending Balance, Shares at Jun. 30, 2022 | 4,450,000 | |||
Net loss | (2,866) | (2,866) | ||
Ending balance, value at Sep. 30, 2022 | $ 4,450 | $ 29,700 | $ (142,144) | $ (107,994) |
Ending Balance, Shares at Sep. 30, 2022 | 4,450,000 | 4,450,000 |
Condensed Consolidated Statem_3
Condensed Consolidated Statements of Cash Flows - USD ($) | 9 Months Ended | |
Sep. 30, 2022 | Sep. 30, 2021 | |
Cash flows from operating activities: | ||
Net loss | $ (11,458) | $ (23,783) |
Net cash used by operating activities | (11,458) | (23,783) |
Cash flows from investing activities: | ||
Cash flows from financing activities: | ||
Proceeds from related party debt | 11,800 | 14,000 |
Net cash provided by financing activities | 11,800 | 14,000 |
Net change in cash | 342 | (9,783) |
Cash at beginning of period | 964 | 12,250 |
Cash at end of period | 1,306 | 2,467 |
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, 2022 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
ORGANIZATION AND DESCRIPTION OF BUSINESS | NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS Carriage House Events Center, Inc. (the Company or We) was 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 |
SUMMARY OF SIGNIFICANT ACCOUNTI
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | 9 Months Ended |
Sep. 30, 2022 | |
Accounting Policies [Abstract] | |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The Companys 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, 2022. 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 Companys Form 10-K for the year ended December 31, 2021. 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., its wholly owned subsidiary. During the nine months ended September 30, 2022 and 2021,Blue Carriage has had no transactions and has no bank account. Recent Accounting Standards The Company has implemented all new accounting pronouncements that are in effect and applicable. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations. |
GOING CONCERN
GOING CONCERN | 9 Months Ended |
Sep. 30, 2022 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
GOING CONCERN | NOTE 3 - GOING CONCERN The accompanying 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, 2022, 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 Companys ability to achieve a level of profitable operations and/or additional financing impacts the Companys ability to continue as it is presently organized. 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. If unable to overcome these setbacks, we may need to change the direction of the Company, including seeking a company for a merger candidate. |
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS | 9 Months Ended |
Sep. 30, 2022 | |
Related Party Transactions [Abstract] | |
RELATED PARTY TRANSACTIONS | NOTE 4 RELATED PARTY TRANSACTIONS 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 is a corporation owned by Phillip E. Ray, the husband of A. Terry Ray, and A. Terry Ray, the principal shareholder of the Company. All notes are interest free until December 31, 2023 4% The following table summarizes the outstanding notes as of September 30, 2022 and December 31, 2021. Issue Date Maturity Date September 30, 2022 December 31, 2021 December 31, 2012 December 31, 2023 $ 7,000 $ 7,000 Terayco International December 31, 2014 December 31, 2023 $ 14,000 $ 14,000 Terayco International July 15, 2015 December 31, 2023 $ 5,500 $ 5,500 Terayco International September 10, 2019 December 31, 2023 $ 33,000 $ 33,000 Terry Ray November 23, 2020 December 31, 2023 $ 22,000 $ 22,000 Terry Ray September 30, 2021 December 31, 2023 $ 14,000 $ 14,000 Terry Ray December 30, 2021 December 31, 2023 $ 2,000 $ 2,000 Terry Ray February 4, 2022 December 31, 2023 $ 2,000 $ Terry Ray March 31, 2022 December 31, 2023 $ 4,300 $ Terry Ray June 30, 2022 December 31, 2023 $ 3,000 $ Terry Ray August 10, 2022 December 31, 2023 $ 2,500 $ Terry Ray TOTAL $ 109,300 $ 97,500 |
STOCKHOLDERS_ EQUITY
STOCKHOLDERS’ EQUITY | 9 Months Ended |
Sep. 30, 2022 | |
Equity [Abstract] | |
STOCKHOLDERS’ EQUITY | NOTE 5 STOCKHOLDERS EQUITY Common Stock There are 45,000,000 $0.001 4,450,000 There are 5,000,000 none 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. |
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS | 9 Months Ended |
Sep. 30, 2022 | |
Subsequent Events [Abstract] | |
SUBSEQUENT EVENTS | NOTE 6 SUBSEQUENT EVENTS Management has evaluated subsequent events pursuant to the requirements of ASC 855, Subsequent Events, 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, 2022 | |
Accounting Policies [Abstract] | |
Basis of Presentation | Basis of Presentation The Companys 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, 2022. 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 Companys Form 10-K for the year ended December 31, 2021. |
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., its wholly owned subsidiary. During the nine months ended September 30, 2022 and 2021,Blue Carriage has had no transactions and has no bank account. |
Recent Accounting Standards | Recent Accounting Standards The Company has implemented all new accounting pronouncements that are in effect and applicable. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations. |
RELATED PARTY TRANSACTIONS (Tab
RELATED PARTY TRANSACTIONS (Tables) | 9 Months Ended |
Sep. 30, 2022 | |
Related Party Transactions [Abstract] | |
Schedule of Related Party Debt | Issue Date Maturity Date September 30, 2022 December 31, 2021 December 31, 2012 December 31, 2023 $ 7,000 $ 7,000 Terayco International December 31, 2014 December 31, 2023 $ 14,000 $ 14,000 Terayco International July 15, 2015 December 31, 2023 $ 5,500 $ 5,500 Terayco International September 10, 2019 December 31, 2023 $ 33,000 $ 33,000 Terry Ray November 23, 2020 December 31, 2023 $ 22,000 $ 22,000 Terry Ray September 30, 2021 December 31, 2023 $ 14,000 $ 14,000 Terry Ray December 30, 2021 December 31, 2023 $ 2,000 $ 2,000 Terry Ray February 4, 2022 December 31, 2023 $ 2,000 $ Terry Ray March 31, 2022 December 31, 2023 $ 4,300 $ Terry Ray June 30, 2022 December 31, 2023 $ 3,000 $ Terry Ray August 10, 2022 December 31, 2023 $ 2,500 $ Terry Ray TOTAL $ 109,300 $ 97,500 |
ORGANIZATION AND DESCRIPTION _2
ORGANIZATION AND DESCRIPTION OF BUSINESS (Details Narrative) | Sep. 30, 2018 shares |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares | 100 |
Schedule of Related Party Debt
Schedule of Related Party Debt (Details) - USD ($) | 9 Months Ended | |
Sep. 30, 2022 | Dec. 31, 2021 | |
Related Party Transaction [Line Items] | ||
Notes Maturity Date | Dec. 31, 2023 | |
Notes, Interest Rate, Stated Percentage | 4% | |
December 31, 2012 | Terayco International [Member] | ||
Related Party Transaction [Line Items] | ||
Due to Related Parties | $ 7,000 | $ 7,000 |
December 31, 2014 | Terayco International [Member] | ||
Related Party Transaction [Line Items] | ||
Due to Related Parties | 14,000 | 14,000 |
July 15, 2015 | Terayco International [Member] | ||
Related Party Transaction [Line Items] | ||
Due to Related Parties | 5,500 | 5,500 |
September 10, 2019 | Terry Ray [Member] | ||
Related Party Transaction [Line Items] | ||
Due to Related Parties | 33,000 | 33,000 |
November 23, 2020 | Terry Ray [Member] | ||
Related Party Transaction [Line Items] | ||
Due to Related Parties | 22,000 | 22,000 |
September 30, 2021 | Terry Ray [Member] | ||
Related Party Transaction [Line Items] | ||
Due to Related Parties | 14,000 | $ 14,000 |
December 30, 2021 | Terry Ray [Member] | ||
Related Party Transaction [Line Items] | ||
Due to Related Parties | 2,000 | |
February 4,2022 | Terry Ray [Member] | ||
Related Party Transaction [Line Items] | ||
Due to Related Parties | 2,000 | |
March 31, 2022 | Terry Ray [Member] | ||
Related Party Transaction [Line Items] | ||
Due to Related Parties | 4,300 | |
June 30, 2022 | Terry Ray [Member] | ||
Related Party Transaction [Line Items] | ||
Due to Related Parties | 3,000 | |
August 10, 2022 | Terry Ray [Member] | ||
Related Party Transaction [Line Items] | ||
Due to Related Parties | $ 2,500 |
STOCKHOLDERS_ EQUITY (Details N
STOCKHOLDERS’ EQUITY (Details Narrative) - $ / shares | Sep. 30, 2022 | Dec. 31, 2021 |
Equity [Abstract] | ||
Common Stock, Shares Authorized | 45,000,000 | 45,000,000 |
Common Stock, Par or Stated Value Per Share | $ 0.001 | $ 0.001 |
Common Stock, Shares, Issued | 4,450,000 | 4,450,000 |
Common Stock, Shares, Outstanding | 4,450,000 | 4,450,000 |
Preferred Stock, Shares Authorized | 5,000,000 | 5,000,000 |
Preferred Stock, Shares Issued | 0 | 0 |
Preferred Stock, Shares Outstanding | 0 | 0 |