| Cover - shares | 3 Months Ended | |
| Sep. 30, 2023 | Nov. 09, 2023 | |
| Cover [Abstract] | ||
| DocumentType | 10-Q | |
| Amendment Flag | false | |
| DocumentQuarterlyReport | true | |
| DocumentTransitionReport | false | |
| DocumentPeriodEndDate | Sep. 30, 2023 | |
| Document Fiscal Period Focus | Q1 | |
| Document Fiscal Year Focus | 2024 | |
| Current Fiscal Year End Date | --06-30 | |
| FileNumber | 333-249576 | |
| RegistrantName | STREETEX CORP. | |
| Entity Central Index Key | 0001822372 | |
| TaxIdentificationNumber | 98-1446177 | |
| IncorporationStateCountryCode | NV | |
| AddressLine1 | Handelstr. 1 | |
| AddressCityOrTown | Linkenheim-Hochstetten | |
| AddressCountry | DE | |
| AddressPostalZipCode | 76351 | |
| CityAreaCode | 725 | |
| Local Phone Number | 2105515 | |
| Current Reporting Status | Yes | |
| InteractiveDataCurrent | Yes | |
| Entity Filer Category | Non-accelerated Filer | |
| SmallBusiness | true | |
| Emerging growth company | true | |
| extended transition period | false | |
| shell company | false | |
| CommonStockSharesOutstanding | 2,516,814 | |
| ContactPersonnelEmailAddress | streetexcorp@yahoo.com |
| BALANCE SHEETS - USD ($) | Sep. 30, 2023 | Jun. 30, 2023 |
| Current Assets | ||
| Cash and cash equivalents | $ 5,005 | $ 20,072 |
| Total Current Assets | 5,005 | 20,072 |
| Total Assets | 5,005 | 20,072 |
| Current Liabilities | ||
| Accounts payable | 1,310 | 4,101 |
| Related party loan | 51,490 | 51,490 |
| Total Current Liabilities | 52,800 | 55,591 |
| Total Liabilities | 52,800 | 55,591 |
| Commitments and Contingencies | ||
| Stockholders’ Equity (Deficit) | ||
| Common stock, par value $0.001; 75,000,000 shares authorized 2,516,814 and 2,516,814 shares issued and outstanding as of September 30, 2023 and June 30, 2023 | $ 2,517 | $ 2,517 |
| Additional paid in capital | $ 25,324 | $ 25,324 |
| Accumulated deficit | (75,636) | (63,360) |
| Total Stockholders’ Equity (Deficit) | (47,795) | (35,519) |
| Total Liabilities and Stockholders’ Equity (Deficit) | $ 5,005 | $ 20,072 |
| BALANCE SHEETS (Parenthetical) - $ / shares | Sep. 30, 2023 | Jun. 30, 2023 |
| Statement of Financial Position [Abstract] | ||
| Stated Value Per Share | $ 0.001 | $ 0.001 |
| CommonStockSharesAuthorized | 75,000,000 | 75,000,000 |
| CommonStockSharesIssued | 2,516,814 | 2,516,814 |
| CommonStockSharesOutstanding | 2,516,814 | 2,516,814 |
| STATEMENTS OF OPERATIONS - USD ($) | 3 Months Ended | |
| Sep. 30, 2023 | Sep. 30, 2022 | |
| Income Statement [Abstract] | ||
| Revenue | ||
| Cost of goods sold | ||
| GROSS PROFIT | ||
| OPERATING EXPENSES | ||
| General and Administrative Expenses | (12,276) | (632) |
| TOTAL OPERATING EXPENSES | (12,276) | (632) |
| NET LOSS FROM OPERATIONS | (12,276) | (632) |
| PROVISION FOR INCOME TAXES | ||
| NET LOSS | $ (12,276) | $ (632) |
| NET LOSS PER SHARE: BASIC AND DILUTED | $ 0 | $ 0 |
| WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED | 2,516,814 | 2,516,814 |
| Statements of Stockholders' Equity - USD ($) | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Total |
| Balance, shares | 2,516,814 | |||
| Beginning balance, value at Jun. 30, 2022 | $ 2,517 | $ 25,324 | $ (54,298) | $ (26,457) |
| Net loss | (632) | (632) | ||
| Ending balance, value at Sep. 30, 2022 | 2,517 | 25,324 | (54,930) | $ (27,089) |
| Balance, shares | 2,516,814 | |||
| Balance, shares | 2,516,814 | |||
| Beginning balance, value at Jun. 30, 2023 | 2,517 | 25,324 | (63,360) | $ (35,519) |
| Net loss | (12,276) | (12,276) | ||
| Ending balance, value at Sep. 30, 2023 | $ 2,517 | $ 25,324 | $ (75,636) | $ (47,795) |
| Balance, shares | 2,516,814 |
| STATEMENTS OF CASH FLOWS - USD ($) | 3 Months Ended | |
| Sep. 30, 2023 | Sep. 30, 2022 | |
| CASH FLOWS FROM OPERATING ACTIVITIES | ||
| Net loss | $ (12,276) | $ (632) |
| Accounts payable | (2,791) | |
| CASH FLOWS USED BY OPERATING ACTIVITIES | (15,067) | (632) |
| NET CHANGE IN CASH | (15,067) | (632) |
| Cash, beginning of period | 20,072 | 1,452 |
| Cash, end of period | 5,005 | 820 |
| SUPPLEMENTAL CASH FLOW INFORMATION: | ||
| Interest paid | ||
| Income taxes paid | ||
| ORGANIZATION AND NATURE OF BUSINESS | 3 Months Ended |
| Sep. 30, 2023 | |
| Accounting Policies [Abstract] | |
| ORGANIZATION AND NATURE OF BUSINESS | Note 1 – ORGANIZATION AND NATURE OF BUSINESS STREETEX CORP. (“the Company”) was incorporated in the State of Nevada on September 4, 2018. Our company intends to operate in the business of video advertisement for business entities or private individuals. We plan to produce advertising video content for social networks such as Instagram, Facebook, Twitter and many others. Our principal services are aimed at bloggers, SMM managers and/or companies to promote their services on social web platforms. |
| GOING CONCERN | 3 Months Ended |
| Sep. 30, 2023 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| GOING CONCERN | Note 2 – GOING CONCERN The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. As of September 30, 2023, the Company had cash of $5,005 and a negative working capital of $47,795. For the three months ended September 30, 2023 the Company had an accumulated deficit of $75,636. These factors raise substantial doubt regarding the Company`s ability to continue as a going concern. Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses. There is no assurance that the Company will be successful in its endeavors or become financially viable and continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty. |
| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | 3 Months Ended |
| Sep. 30, 2023 | |
| Accounting Policies [Abstract] | |
| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | Note 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of presentation The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars. The Company’s year-end is June 30. 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 disclosures 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 could differ from those estimates. Cash and Cash Equivalents The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents. Equipment Equipment is stated at cost, net of accumulated depreciation. Purchased equipment is multifunction printer. The cost of equipment is depreciated using the straight-line method over one year. We capitalize assets with a useful life of one year and greater, or over $1,000. Expenditures for maintenance and repairs are charged to expense as incurred. Additions, major renewals and replacements that increase the equipment's useful life are capitalized. Equipment sold or retired, together with the related accumulated depreciation is removed from the appropriated accounts and the resultant gain or loss is included in net income. Purchased equipment was fully depreciated as of June 30, 2022. Basic Income (Loss) Per Share Net income (loss) per common share is computed pursuant to FASB Accounting Standards Codification (“ASC”) 260, “Earnings per Share”. Basic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per common share is computed by dividing net income (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 potentially dilutive common shares outstanding for the periods presented. 8 STREETEX CORP. NOTES TO THE FINANCIAL STATEMENTS September 30, 2023 (Unaudited) Fair Value of Financial Instruments The Company’s financial instruments consist of cash, accounts payable, and advances payable to sole officer and director. The carrying amount of these financial instruments approximates fair value because of the short period of time between the origination of such instruments and their expected realization. Income Taxes The Company follows the asset and liability method of accounting for income taxes under FASB ASC 740, “Income Taxes.” Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized. Revenue Recognition The Company recognizes revenue in accordance with Accounting Standards Codification (“ASC”) 606, “Revenue from Contracts with Customers”. ASC 606 adoption is on February 1, 2018. The core principle of ASC 606 is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. An entity recognizes revenue in accordance with that core principle by applying the following steps: Step 1: Identify the contract(s) with a customer Step 2: Identify the performance obligations in the contract Step 3: Determine the transaction price Step 4: Allocate the transaction price to the performance obligations in the contract Step 5: Recognize revenue when (or as) the entity satisfies a performance obligation. Specifically, Section 606-10-50 requires an entity to provide information about: a. Revenue recognized from contracts with customers, including the disaggregation of revenue into appropriate categories; b. Contract balances, including the opening and closing balances of receivables, contract assets, and contract liabilities; c. Performance obligations, including when the entity typically satisfies its performance obligations and the transaction price that is allocated to the remaining performance obligations in a contract; d. Significant judgments, and changes in judgments, made in applying the requirements to those contracts. To achieve the core principle of ASC 606, the Company performs the following steps: 1. The Company negotiate the contract terms and price. 2. The Company issue a full price invoice for the services after the contract is signed. 3. The Company complete the services and issue a Certificate of Acceptance. 4. The Client should pay full price of the contract, as of the date of service delivery. 5. The company recognize the revenue when the Certificate of Acceptance was signed by the Client and the Company, and when the services were fully delivered to the Client. As a video production company, we are focusing on video content creation. Our cost of goods sold includes the following: - Pre-production planning, including script development and storyboarding. - Editing and post-production services, including video and audio editing. - Color correction and grading - Delivery of the final files in the agreed-upon format. The company has one performance obligation is to deliver the final video file to the client. This performance obligation consists of the provision of video production services, which includes pre-production, production, and post-production activities. This encompasses tasks like planning, scriptwriting, editing, and the other activities related to creating the video content. The delivery of the final video file to the customer represents meaningful performance obligation. The transaction price is recorded once the final product is delivered. If the client accepts the video file by signed Certificate of Acceptance, the Company consider the service fully delivered and recognize the amount received from the client as revenue. The requirement for the client to sign a Certificate of Acceptance represents a criterion that signals the completion of the services. 9 STREETEX CORP. NOTES TO THE FINANCIAL STATEMENTS September 30, 2023 (Unaudited) The Company collects payment from customers before the service is provided. When deposits are collected before the service is provided, the Company recognizes deferred income until the customer signs the Certificate of Acceptance. The performance obligation involves the editing of a single video file from multiple video sequences provided by the client. Our performance obligation to deliver final edited video to the client and sign the certificate of acceptance of our services. The company determines that the obligation for video production services is satisfied when the customer signs the certificate of acceptance. We consider the signing of the certificate of acceptance as the point in time when promised services (video) is transferred to the customer. The expenses associated with the production of goods are contingent on the intricacy of the video project, particularly in terms of the time dedicated to crafting the final video. The standard hourly rate starts from $100 per hour. For the three months ended September 30, 2023 and 2022, the Company did not generate revenue. The revenue has only one performance obligation Recent Accounting Pronouncements Certain accounting pronouncements have been issued by the FASB and other standard setting organizations which are not yet effective and therefore have not yet been adopted by the Company. The impact on the Company`s financial position and results of operations from adoption of these standards is not expected to be material. |
| RELATED PARTY TRANSACTIONS | 3 Months Ended |
| Sep. 30, 2023 | |
| Related Party Transactions [Abstract] | |
| RELATED PARTY TRANSACTIONS | Note 4 – RELATED PARTY TRANSACTIONS The Director of the Company, Stefan Dubs, is the only related party with whom the Company had transactions for the period from the inception (September 4, 2018) to September 30, 2023. As of September 30, 2023, Mr. Dubs contributed $35,490 in cash to assist in paying for operating expenses on behalf of the Company and $16,000 for services the Director provided to the Company invoiced to the Company in the form of related party loans. The hourly rate of Mr. Dubs for the services provided was $100 per hour. This hourly rate is appropriate for the video production services according to the market rates for senior level video producers and editors. Mr. Dubs is professional video editor and delivered full scope of services connected with the revenue. He personally edited, created, and delivered the final video to the Company. This loan is unsecured, non-interest bearing and due on demand. Mr. Dubs provided to the Company his home-based office for day-to-day operation. Mr. Dubs, as the sole officer and director is using his personal office equipment for service delivery. For the three months ended September 30, 2023, our sole director has loaned to the Company $0. |
| COMMITMENTS AND CONTINGENCIES | 3 Months Ended |
| Sep. 30, 2023 | |
| Commitments and Contingencies Disclosure [Abstract] | |
| COMMITMENTS AND CONTINGENCIES | Note 5 – COMMITMENTS AND CONTINGENCIES From time-to-time, the Company is subject to various litigation and other claims in the normal course of business. The Company establishes liabilities in connection with legal actions that management deems to be probable and estimable. No amounts have been accrued in the financial statements with respect to any matters. |
| COMMON STOCK | 3 Months Ended |
| Sep. 30, 2023 | |
| Equity [Abstract] | |
| COMMON STOCK | Note 6 – COMMON STOCK The Company has 75,000,000, $0.001 par value shares of common stock authorized. There were 2,516,814 10 |
| INCOME TAXES | 3 Months Ended |
| Sep. 30, 2023 | |
| Income Tax Disclosure [Abstract] | |
| INCOME TAXES | Note 7 – INCOME TAXES The Company adopted the provisions of uncertain tax positions as addressed in ASC 740 “Income Taxes” (“ASC 740”). As a result of the implementation of ASC 740, the Company recognized no increase in the liability for unrecognized tax benefits. As of September 30, 2023 the Company had net operating loss carry forwards of approximately $75,636. At the federal level, the Company can carry forward their net operating losses indefinitely, but the deductions are limited to 80 percent of taxable income. Future tax benefits which may arise as a result of these losses have not been recognized in these financial statements, as theirrealization is determined not likely to occur and accordingly, the Company has recorded a valuation allowance for the deferred tax asset relating to these tax loss carry-forwards. The valuation allowance at September 30, 2023 was approximately $15,884. The valuation allowance at June 30, 2023 was approximately $13,306. The net change in valuation allowance for the three months ended September 30, 2023 was $2,578. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred income tax assets will not be realized. The ultimate realization of deferred income tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred income tax liabilities, projected future taxable income, and tax planning strategies in making this assessment. Based on consideration of these items, management has determined that enough uncertainty exists relative to the realization of the deferred income tax asset balances to warrant the application of a full valuation allowance as of September 30, 2023. All tax years since inception remain open for examination by taxing authorities. The provision for Federal income tax Three months ended September 30, 2023 Year ended June 30, 2023 Non-current deferred tax assets: Net operating loss carry forward $ (15,884) (13,306) Valuation allowance $ 15,884 13,306 Net deferred tax assets $ - - 11 STREETEX CORP. NOTES TO THE FINANCIAL STATEMENTS September 30, 2023 (Unaudited) The actual tax benefit Three months ended September 30, 2023 Year ended June 30, 2023 Computed “expected” tax expense (benefit) $ (2,578) (1,903) Change in valuation allowance $ 2,578 1,903 Actual tax expense (benefit) $ - - The related deferred tax benefit on the above unutilized tax losses has a full valuation allowance not recognized against it as there is no certainty of its realization. Management has evaluated tax positions in accordance with ASC 740 and has not identified any significant tax positions, other than those disclosed. |
| SUBSEQUENT EVENTS | 3 Months Ended |
| Sep. 30, 2023 | |
| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENTS | Note 8 – SUBSEQUENT EVENTS In accordance with ASC 855, “Subsequent Events”, the Company has analyzed its operations subsequent through November 9, 2023, and has determined that it does not have any material subsequent events to disclose in these financial statements. Director and management stay informed about COVID-19 developments generally and ensure it has access to information related to a company’s response to the crisis and how the specific impact on the company is developing as the crisis extends. |
| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) | 3 Months Ended |
| Sep. 30, 2023 | |
| Accounting Policies [Abstract] | |
| Basis of presentation | Basis of presentation The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars. The Company’s year-end is June 30. |
| 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 disclosures 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 could differ from those estimates. |
| Cash and Cash Equivalents | Cash and Cash Equivalents The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents. |
| Equipment | Equipment Equipment is stated at cost, net of accumulated depreciation. Purchased equipment is multifunction printer. The cost of equipment is depreciated using the straight-line method over one year. We capitalize assets with a useful life of one year and greater, or over $1,000. Expenditures for maintenance and repairs are charged to expense as incurred. Additions, major renewals and replacements that increase the equipment's useful life are capitalized. Equipment sold or retired, together with the related accumulated depreciation is removed from the appropriated accounts and the resultant gain or loss is included in net income. Purchased equipment was fully depreciated as of June 30, 2022. |
| Basic Income (Loss) Per Share | Basic Income (Loss) Per Share Net income (loss) per common share is computed pursuant to FASB Accounting Standards Codification (“ASC”) 260, “Earnings per Share”. Basic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per common share is computed by dividing net income (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 potentially dilutive common shares outstanding for the periods presented. 8 STREETEX CORP. NOTES TO THE FINANCIAL STATEMENTS September 30, 2023 (Unaudited) |
| Fair Value of Financial Instruments | Fair Value of Financial Instruments The Company’s financial instruments consist of cash, accounts payable, and advances payable to sole officer and director. The carrying amount of these financial instruments approximates fair value because of the short period of time between the origination of such instruments and their expected realization. |
| Income Taxes | Income Taxes The Company follows the asset and liability method of accounting for income taxes under FASB ASC 740, “Income Taxes.” Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized. |
| Revenue Recognition | Revenue Recognition The Company recognizes revenue in accordance with Accounting Standards Codification (“ASC”) 606, “Revenue from Contracts with Customers”. ASC 606 adoption is on February 1, 2018. The core principle of ASC 606 is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. An entity recognizes revenue in accordance with that core principle by applying the following steps: Step 1: Identify the contract(s) with a customer Step 2: Identify the performance obligations in the contract Step 3: Determine the transaction price Step 4: Allocate the transaction price to the performance obligations in the contract Step 5: Recognize revenue when (or as) the entity satisfies a performance obligation. Specifically, Section 606-10-50 requires an entity to provide information about: a. Revenue recognized from contracts with customers, including the disaggregation of revenue into appropriate categories; b. Contract balances, including the opening and closing balances of receivables, contract assets, and contract liabilities; c. Performance obligations, including when the entity typically satisfies its performance obligations and the transaction price that is allocated to the remaining performance obligations in a contract; d. Significant judgments, and changes in judgments, made in applying the requirements to those contracts. To achieve the core principle of ASC 606, the Company performs the following steps: 1. The Company negotiate the contract terms and price. 2. The Company issue a full price invoice for the services after the contract is signed. 3. The Company complete the services and issue a Certificate of Acceptance. 4. The Client should pay full price of the contract, as of the date of service delivery. 5. The company recognize the revenue when the Certificate of Acceptance was signed by the Client and the Company, and when the services were fully delivered to the Client. As a video production company, we are focusing on video content creation. Our cost of goods sold includes the following: - Pre-production planning, including script development and storyboarding. - Editing and post-production services, including video and audio editing. - Color correction and grading - Delivery of the final files in the agreed-upon format. The company has one performance obligation is to deliver the final video file to the client. This performance obligation consists of the provision of video production services, which includes pre-production, production, and post-production activities. This encompasses tasks like planning, scriptwriting, editing, and the other activities related to creating the video content. The delivery of the final video file to the customer represents meaningful performance obligation. The transaction price is recorded once the final product is delivered. If the client accepts the video file by signed Certificate of Acceptance, the Company consider the service fully delivered and recognize the amount received from the client as revenue. The requirement for the client to sign a Certificate of Acceptance represents a criterion that signals the completion of the services. 9 STREETEX CORP. NOTES TO THE FINANCIAL STATEMENTS September 30, 2023 (Unaudited) The Company collects payment from customers before the service is provided. When deposits are collected before the service is provided, the Company recognizes deferred income until the customer signs the Certificate of Acceptance. The performance obligation involves the editing of a single video file from multiple video sequences provided by the client. Our performance obligation to deliver final edited video to the client and sign the certificate of acceptance of our services. The company determines that the obligation for video production services is satisfied when the customer signs the certificate of acceptance. We consider the signing of the certificate of acceptance as the point in time when promised services (video) is transferred to the customer. The expenses associated with the production of goods are contingent on the intricacy of the video project, particularly in terms of the time dedicated to crafting the final video. The standard hourly rate starts from $100 per hour. For the three months ended September 30, 2023 and 2022, the Company did not generate revenue. The revenue has only one performance obligation |
| Recent Accounting Pronouncements | Recent Accounting Pronouncements |
| INCOME TAXES (Tables) | 3 Months Ended |
| Sep. 30, 2023 | |
| Income Tax Disclosure [Abstract] | |
| actual tax benefit | The provision for Federal income tax Three months ended September 30, 2023 Year ended June 30, 2023 Non-current deferred tax assets: Net operating loss carry forward $ (15,884) (13,306) Valuation allowance $ 15,884 13,306 Net deferred tax assets $ - - 11 STREETEX CORP. NOTES TO THE FINANCIAL STATEMENTS September 30, 2023 (Unaudited) The actual tax benefit Three months ended September 30, 2023 Year ended June 30, 2023 Computed “expected” tax expense (benefit) $ (2,578) (1,903) Change in valuation allowance $ 2,578 1,903 Actual tax expense (benefit) $ - - |
| actual tax benefit | The actual tax benefit Three months ended September 30, 2023 Year ended June 30, 2023 Computed “expected” tax expense (benefit) $ (2,578) (1,903) Change in valuation allowance $ 2,578 1,903 Actual tax expense (benefit) $ - - |
| COMMON STOCK (Details Narrative) - shares | Sep. 30, 2023 | Jun. 30, 2023 |
| Equity [Abstract] | ||
| shares Outstanding | 2,516,814 | 2,516,814 |
| actual tax benefit (Details) - USD ($) | 3 Months Ended | 12 Months Ended |
| Sep. 30, 2023 | Jun. 30, 2023 | |
| Income Tax Disclosure [Abstract] | ||
| Net operating loss carry forward | $ (15,884) | $ (13,306) |
| Valuation allowance | 15,884 | 13,306 |
| Net deferred tax assets | ||
| Computed “expected” tax expense (benefit) | (2,578) | (1,903) |
| Change in valuation allowance | 2,578 | 1,903 |
| Actual tax expense (benefit) |
