Carriage House Event Center (CRGH) 10-Q 30 Oct 23 2023 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2023	Oct. 18, 2023
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2023
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2023
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
Local Phone Number	303
Entity Current Reporting Status	Yes
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	false
Entity Common Stock, Shares Outstanding		4,450,000

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash	$ 41,806	$ 1,440
Total current assets	41,806	1,440
Total assets	41,806	1,440
Current liabilities:
Related party debt	116,800	111,800
Total current liabilities	116,800	111,800
Related party debt – long term	47,000
Total liabilities	163,800	111,800
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	(156,144)	(144,510)
Total Stockholders’ Deficit	(121,994)	(110,360)
Total Liabilities and Stockholders’ Deficit	$ 41,806	$ 1,440

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Sep. 30, 2023	Dec. 31, 2022
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, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Expenses:
General and administrative	$ 2,803	$ 2,866	$ 11,634	$ 11,458
Total operating expenses	2,803	2,866	11,634	11,458
Loss before provision for income taxes	(2,803)	(2,866)	(11,634)	(11,458)
Provision for income taxes
Net loss	$ (2,803)	$ (2,866)	$ (11,634)	$ (11,458)
Net Loss per common share
Basic and diluted	$ 0	$ 0	$ 0	$ 0
Weighted average shares outstanding
Basic and diluted	4,450,000	4,450,000	4,450,000	4,450,000

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
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
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
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
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
Beginning Balance, Value at Dec. 31, 2022	$ 4,450	29,700	(144,510)	$ (110,360)
Beginning Balance, Shares at Dec. 31, 2022	4,450,000			4,450,000
Net loss			(5,450)	$ (5,450)
Ending Balance, Value at Mar. 31, 2023	$ 4,450	29,700	(149,960)	(115,810)
Ending Balance, Shares at Mar. 31, 2023	4,450,000
Beginning Balance, Value at Dec. 31, 2022	$ 4,450	29,700	(144,510)	$ (110,360)
Beginning Balance, Shares at Dec. 31, 2022	4,450,000			4,450,000
Net loss				$ (11,634)
Ending Balance, Value at Sep. 30, 2023	$ 4,450	29,700	(156,144)	$ (121,994)
Ending Balance, Shares at Sep. 30, 2023	4,450,000			4,450,000
Beginning Balance, Value at Mar. 31, 2023	$ 4,450	29,700	(149,960)	$ (115,810)
Beginning Balance, Shares at Mar. 31, 2023	4,450,000
Net loss			(3,381)	(3,381)
Ending Balance, Value at Jun. 30, 2023	$ 4,450	29,700	(153,341)	(119,191)
Ending Balance, Shares at Jun. 30, 2023	4,450,000
Net loss			(2,803)	(2,803)
Ending Balance, Value at Sep. 30, 2023	$ 4,450	$ 29,700	$ (156,144)	$ (121,994)
Ending Balance, Shares at Sep. 30, 2023	4,450,000			4,450,000

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Cash flows from operating activities:
Net loss	$ (11,634)	$ (11,458)
Net cash used by operating activities	(11,634)	(11,458)
Cash flows from investing activities:
Cash flows from financing activities:
Proceeds from related party debt	55,000	11,800
Repayments to related party	(3,000)
Net cash provided by financing activities	52,000	11,800
Net change in cash	40,366	342
Cash at beginning of period	1,440	964
Cash at end of period	41,806	1,306
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, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND DESCRIPTION OF BUSINESS	NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS Carriage House Event 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 The Company was formed for the purpose of researching and developing a concept for an Event Center with many additional associated businesses on the same grounds of the Event Center. For several years, the Company did extensive research on Event Centers throughout Colorado, Utah, Nevada and Arizona. The Covid-19 Pandemic and other circumstances negatively affected the event center business and ultimately our ability to raise capital and move forward with our original business plan. However, now that the Pandemic has subsided, the Company intends to move forward with the original business plan. On June 6, 2023, the Company filed a Form 8-K with the Securities and Exchange Commission declaring a Change in Shell Company Status whereby the Company is no longer a shell company. In the Form 8-K the Company stated how the effect of the COVID-19 Pandemic had a dramatic effect on the fundraising and progress of the Company and now the Company was prepared to move forward. On March 24, 2023, the Company received a loan in the amount of $50,000 On June 1, 2023, the Company entered into a letter of intent to purchase an 8050 Sq. Ft. building in Mesa, Maricopa County, Arizona. When completed, the purchase will be funded with common or preferred stock of the Company and debt. It is expected that the transaction may be completed in the fourth quarter. Our focus for the fiscal year ending December 31, 2023, will be on continuing our attempt to raise additional capital, increasing research as to the overall concept, contacting companies that could possibly be a part of the Carriage House Event Center concept and completing a transaction on a facility. If the Company is unable to raise the required funds to fulfill its business plan, the Company may seek other opportunities including a possible merger, acquisition and/or change of our business plan.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2023
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, 2023. 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 Form 10-K for the year ended December 31, 2022. Use of Estimates The preparation of consolidated financial statements in conformity with US GAAP 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 consolidated 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 ending September 30, 2023 and the year ending December 31, 2022, 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, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN	NOTE 3 - GOING CONCERN The accompanying unaudited 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, 2023, 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. 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, 2023
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 officer and director and principal shareholder of the Company. Venture Vest Capital Corp. is a corporation owned by Philip E. Ray. The Company received proceeds of $55,000 $11,800 $3,000 All notes, except the note dated September 30, 2023, are interest free until December 31, 2023 4% December 31, 2024 4% The following table summarizes the outstanding notes as of September 30, 2023 and December 31, 2022. Issue Date Maturity Date September 30, 2023 December 31, 2022 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 $ 2,000 Terry Ray March 31, 2022 December 31, 2023 $ 4,300 $ 4,300 Terry Ray June 30, 2022 December 31, 2023 $ 3,000 $ 3,000 Terry Ray August 10, 2022 December 31, 2023 $ 2,500 $ 2,500 Terry Ray November 20, 2022 December 31, 2023 $ 2,500 $ 2,500 Terry Ray February 11, 2023 December 31, 2023 $ 5,000 $ — Terry Ray September 30, 2023 December 31, 2024 $ 47,000 $ — VentureVest Capital Corp. TOTAL $ 163,800 $ 111,800

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	9 Months Ended
	Sep. 30, 2023
Equity [Abstract]
STOCKHOLDERS’ EQUITY	NOTE 5 — STOCKHOLDERS’ EQUITY Common Stock There are 45,000,000 $0.001 4,450,000 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. Preferred Stock We have 5,000,000 No

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2023
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 consolidated unaudited 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, 2023
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, 2023. 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 Form 10-K for the year ended December 31, 2022.
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with US GAAP 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 consolidated 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 ending September 30, 2023 and the year ending December 31, 2022, 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, 2023
Related Party Transactions [Abstract]
Schedule of Related Party Debt	Issue Date Maturity Date September 30, 2023 December 31, 2022 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 $ 2,000 Terry Ray March 31, 2022 December 31, 2023 $ 4,300 $ 4,300 Terry Ray June 30, 2022 December 31, 2023 $ 3,000 $ 3,000 Terry Ray August 10, 2022 December 31, 2023 $ 2,500 $ 2,500 Terry Ray November 20, 2022 December 31, 2023 $ 2,500 $ 2,500 Terry Ray February 11, 2023 December 31, 2023 $ 5,000 $ — Terry Ray September 30, 2023 December 31, 2024 $ 47,000 $ — VentureVest Capital Corp. TOTAL $ 163,800 $ 111,800

ORGANIZATION AND DESCRIPTION _2

ORGANIZATION AND DESCRIPTION OF BUSINESS (Details Narrative) - USD ($)	Sep. 30, 2018	Mar. 24, 2023
Defined Benefit Plan Disclosure [Line Items]
Number of Shares Issued	100
VentureVest Capital Corp.
Defined Benefit Plan Disclosure [Line Items]
Loan for Working Capital		$ 50,000

GOING CONCERN (Details Narrativ

GOING CONCERN (Details Narrative)	9 Months Ended
	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern, Management's Evaluation	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.
Going Concern, Management's Plans	If unable to overcome these setbacks, we may need to change the direction of the Company, including seeking a company for a merger candidate.

Schedule of Related Party Debt

Schedule of Related Party Debt (Details) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Related Party Transaction [Line Items]
Due to Related Parties	$ 116,800	$ 111,800
December 31, 2012 | Terayco International
Related Party Transaction [Line Items]
Due to Related Parties	7,000	7,000
December 31, 2014 | Terayco International
Related Party Transaction [Line Items]
Due to Related Parties	14,000	14,000
July 15, 2015 | Terayco International
Related Party Transaction [Line Items]
Due to Related Parties	5,500	5,500
September 10, 2019 | Terry Ray
Related Party Transaction [Line Items]
Due to Related Parties	33,000	33,000
November 23, 2020 | Terry Ray
Related Party Transaction [Line Items]
Due to Related Parties	22,000	22,000
September 30, 2021 | Terry Ray
Related Party Transaction [Line Items]
Due to Related Parties	14,000	14,000
December 30, 2021 | Terry Ray
Related Party Transaction [Line Items]
Due to Related Parties	2,000	2,000
February 4, 2022 | Terry Ray
Related Party Transaction [Line Items]
Due to Related Parties	2,000	2,000
March 31, 2022 | Terry Ray
Related Party Transaction [Line Items]
Due to Related Parties	4,300	4,300
June 30, 2022 | Terry Ray
Related Party Transaction [Line Items]
Due to Related Parties	3,000	3,000
August 10, 2022 | Terry Ray
Related Party Transaction [Line Items]
Due to Related Parties	2,500	2,500
November 20, 2022 | Terry Ray
Related Party Transaction [Line Items]
Due to Related Parties	2,500	$ 2,500
February 11, 2023 | Terry Ray
Related Party Transaction [Line Items]
Due to Related Parties	5,000
September 30, 2023 | VentureVest Capital Corp.
Related Party Transaction [Line Items]
Due to Related Parties	$ 47,000

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Short-Term Debt [Line Items]
Proceeds from Related Party Debt	$ 55,000	$ 11,800
Repayments of Related Party Debt	$ 3,000
Notes Maturity Date	Dec. 31, 2023
Notes Interest Rate, Stated Percentage	4%
September 30, 2023
Short-Term Debt [Line Items]
Notes Maturity Date	Dec. 31, 2024
Notes Interest Rate, Stated Percentage	4%

STOCKHOLDERS_ EQUITY (Details N

STOCKHOLDERS’ EQUITY (Details Narrative) - $ / shares	Sep. 30, 2023	Dec. 31, 2022
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
Preferred Stock, Shares Authorized	5,000,000	5,000,000
Preferred Stock, Shares Issued	0	0