| Cover | 3 Months Ended |
| Oct. 31, 2021 | |
| Cover [Abstract] | |
| Document Type | 10-Q |
| Amendment Flag | false |
| Document Quarterly Report | true |
| Document Period End Date | Oct. 31, 2021 |
| Document Fiscal Period Focus | Q1 |
| Document Fiscal Year Focus | 2022 |
| Current Fiscal Year End Date | --07-31 |
| Entity File Number | 000-56335 |
| Entity Registrant Name | Perfect Solutions Group, Inc. |
| Entity Central Index Key | 0001880249 |
| Entity Tax Identification Number | 00-0000000 |
| Entity Incorporation, State or Country Code | NV |
| Local Phone Number | 508-343-8127 |
| 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 |
| Balance Sheet - USD ($) | Oct. 31, 2021 | Jul. 31, 2021 |
| Statement of Financial Position [Abstract] | ||
| TOTAL ASSETS | ||
| CURRENT LIABILITIES | ||
| Accrued Expenses | 350 | 3,750 |
| TOTAL LIABILITIES | 350 | 3,750 |
| Preferred stock ($.0001 par value, 1,000,000 shares authorized; 10,000 and 0 issued and outstanding as of October 31, 2021 and July 31, 2021, respectively) | 1 | |
| Common stock ($.0001 par value, 1,400,000,000 shares authorized, 573,271,545 and 0 issued and outstanding as of October 31, 2021 and July 31, 2021, respectively) | 57,327 | |
| Additional paid-in capital | (52,118) | 960 |
| Accumulated deficit | (5,560) | (4,710) |
| Total Stockholders’ Equity (Deficit) | (350) | (3,750) |
| TOTAL LIABILITIES & STOCKHOLDERS’ EQUITY (DEFICIT) |
| Balance Sheet (Parenthetical) - $ / shares | Oct. 31, 2021 | Jul. 31, 2021 |
| Statement of Financial Position [Abstract] | ||
| preferred stock par value | $ 0.0001 | |
| preferred stock authorized | 1,000,000 | |
| preferred stock issued | 10,000 | 0 |
| common stock par value | $ 0.0001 | |
| common stock authorized | 1,400,000,000 | |
| common stock issued | 573,271,545 | 0 |
| Statement of Operations (Unaudited) | 3 Months Ended |
| Oct. 31, 2021USD ($)$ / sharesshares | |
| Operating expenses | |
| General and administrative expenses | $ 850 |
| Total operating expenses | 850 |
| Net loss | $ (850) |
| Basic and Diluted net loss per common share | $ / shares | $ 0 |
| Weighted average number of common shares outstanding - Basic and Diluted | shares | 293,218,365 |
| Statement of Changes in Stockholders' Eqity (Deficit) (Unaudited) - USD ($) | Common Stock [Member] | Preferred Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Total |
| Balances, October 31, 2021 | $ 960 | $ (4,710) | $ (3,750) | ||
| Balances, July 31, 2021 at Jul. 31, 2021 | $ 960 | $ (4,710) | $ (3,750) | ||
| Common shares issued in reorganization | 57,327 | (57,327) | |||
| Preferred shares issued in reorganization | $ 1 | $ (1) | |||
| Expenses paid on behalf of the Company and contributed to capital | 4,250 | 4,250 | |||
| Net loss | (850) | (850) | |||
| Balances, October 31, 2021 | $ 57,327 | $ 1 | $ (52,118) | $ (5,560) | $ (350) |
| Share Balance, shares | 573,271,545 |
| Statement of Cash Flows (Unaudited) | 3 Months Ended |
| Oct. 31, 2021USD ($) | |
| CASH FLOWS FROM OPERATING ACTIVITIES | |
| Net loss | $ (850) |
| Changes in current assets and liabilities: | |
| Accrued expenses | (3,400) |
| Net cash used in operating activities | (4,250) |
| CASH FLOWS FROM FINANCING ACTIVITIES | |
| Expenses contributed to capital | 4,250 |
| Net cash used in financing activities | 4,250 |
| Net change in cash | |
| Beginning cash balance | |
| Ending cash balance | |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | |
| Interest paid | |
| Income taxes paid |
| Note 1 - Organization and Description of Business | 3 Months Ended |
| Oct. 31, 2021 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| Note 1 - Organization and Description of Business | Note 1 - Organization and Description of Business Perfect Solutions Group, Inc. (we, us, our, or the "Company") was incorporated by Jeffrey DeNunzio on June 29, 2021 in the State of Nevada. Jeffrey DeNunzio’s role was limited to that of an Incorporator. On June 29, 2021, Jeffrey DeNunzio appointed Paul Moody as Chief Executive Officer, Chief Financial Officer, and Director of Perfect Solutions Group, Inc. On September 15, 2021, Perfect Solutions, Inc. completed a holding company merger with ALL-Q-Tell Corporation. All the former shareholders of ALL-Q-Tell Corporation became the shareholders of Perfect Solutions Group, Inc. with each shareholder holding an equivalent economic interest as they held in All-Q-Tell Corporation. CRS Consulting, LLC, a Wyoming LLC owned and controlled by Jeffrey DeNunzio, Thomas DeNunzio and Paul Moody, became the Company’s controlling shareholder, owning 10,000 shares of Series Z Preferred Stock. Series Z Preferred Stock has no conversion rights to any other class, and every vote of Series Z Preferred Stock has voting rights equal to 1,000,000 votes of Common Stock. The Company intends to serve as a vehicle to affect an asset acquisition, merger, exchange of capital stock or other business combination with a domestic or foreign business. As of October 31, 2021, the Company had not yet commenced any operations. The Company has elected July 31st as its year end. |
| Note 2 - Summary of Significant Accounting Policies | 3 Months Ended |
| Oct. 31, 2021 | |
| Accounting Policies [Abstract] | |
| Note 2 - Summary of Significant Accounting Policies | Note 2 - Summary of Significant Accounting Policies Basis of Presentation This summary of significant accounting policies is presented to assist in understanding the Company's financial statements. These accounting policies conform to accounting principles, generally accepted in the United States of America, and have been consistently applied in the preparation of the financial statements. 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. In the opinion of management, all adjustments necessary in order to make the financial statements not misleading have been included. Actual results could differ from those estimates. Cash and Cash Equivalents The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. Cash and cash equivalents as of October 31, 2021 and July 31, 2021 were $0 for both periods. Income Taxes The Company accounts for income taxes under ASC 740, “ Income Taxes Basic Earnings (Loss) Per Share The Company computes basic and diluted earnings (loss) per share in accordance with ASC Topic 260, Earnings per Share The Company does not have any potentially dilutive instruments as of October 31, 2021 and, thus, anti-dilution issues are not applicable. Fair Value of Financial Instruments The Company’s balance sheet includes certain financial instruments. The carrying amounts of current assets and current liabilities approximate their fair value because of the relatively short period of time between the origination of these instruments and their expected realization. ASC 820, Fair Value Measurements and Disclosures - Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. - Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation or other means. - Level 3 - Inputs that are both significant to the fair value measurement and unobservable. Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of October 31, 2021. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments. These financial instruments include accrued expenses. F-5 Table of Contents Related Parties The Company follows ASC 850, Related Party Disclosures, Share-Based Compensation ASC 718, “ Compensation – Stock Compensation The Company accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50, “ Equity – Based Payments to Non-Employees.” The Company had no stock-based compensation plans as of October 31, 2021. The Company’s stock-based compensation for the period ended October 31, 2021 was $0. Recently Issued Accounting Pronouncements In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). ASU 2016-02 We have no assets and or leases and do not believe we will be impacted in the foreseeable future by the newly adopted accounting standard(s) mentioned above. The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new pronouncements that have been issued that might have a material impact on its financial position or results of operations. |
| Note 3 - Going Concern | 3 Months Ended |
| Oct. 31, 2021 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| Note 3 - Going Concern | Note 3 - Going Concern The Company’s financial statements are prepared in accordance with generally accepted accounting principles applicable to a going concern that contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company demonstrates adverse conditions that raise substantial doubt about the Company's ability to continue as a going concern for one year following the issuance of these financial statements. These adverse conditions are negative financial trends, specifically operating loss, working capital deficiency, and other adverse key financial ratios. The Company has not established any source of revenue to cover its operating costs. Management plans to fund operating expenses with related party contributions to capital. There is no assurance that management's plan will be successful. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classification of liabilities that might be necessary in the event that the Company cannot continue as a going concern. |
| Note 4 - Income Taxes | 3 Months Ended |
| Oct. 31, 2021 | |
| Income Tax Disclosure [Abstract] | |
| Note 4 - Income Taxes | Note 4 - Income Taxes The Company has not recognized an income tax benefit for its operating losses generated based on uncertainties concerning its ability to generate taxable income in future periods. The tax benefit for the period presented is offset by a valuation allowance established against deferred tax assets arising from the net operating losses, the realization of which could not be considered more likely than not. In future periods, tax benefits and related deferred tax assets will be recognized when management considers realization of such amounts to be more likely than not. As of October 31, 2021, the Company has incurred a net loss of approximately $5,560 which resulted in a net operating loss for income tax purposes. The loss results in a deferred tax asset of approximately $1,168 at the effective statutory rate of 21%. The deferred tax asset has been offset by an equal valuation allowance. Given our inception on June 29, 2021, and our fiscal year end of July 31, 2021, we have completed only one taxable fiscal year. F-6 Table of Contents |
| Note 6 - Shareholder Equity | 3 Months Ended |
| Oct. 31, 2021 | |
| Commitments and Contingencies Disclosure [Abstract] | |
| Note 6 - Shareholder Equity | Note 5 - Commitments and Contingencies The Company follows ASC 450-20, Los Contingencies, Note 6 - Shareholder Equity Preferred Stock The authorized preferred stock of the Company consists of 1,000,000 shares with a par value of $0.0001. There were 10,000 and 0 shares of preferred stock issued and outstanding as of October 31, 2021 and July 31, 2021, respectively. On September 15, 2021, Perfect Solutions, Inc. completed a holding company merger with ALL-Q-Tell Corporation. All the former shareholders of ALL-Q-Tell Corporation became the shareholders of Perfect Solutions Group, Inc. with each shareholder holding an equivalent economic interest as they held in All-Q-Tell Corporation. CRS Consulting, LLC, a Wyoming LLC owned and controlled by Jeffrey DeNunzio, Thomas DeNunzio and Paul Moody, became the Company’s controlling shareholder, owning 10,000 shares of Series Z Preferred Stock. Series Z Preferred Stock has no conversion rights to any other class, and every vote of Series Z Preferred Stock has voting rights equal to 1,000,000 votes of Common Stock. Common Stock The authorized common stock of the Company consists of 1,400,000,000 shares with a par value of $0.0001. There were 573,271,545 and 0 shares of common stock issued and outstanding as of October 31, 2021 and July 31, 2021, respectively. On September 15, 2021, Perfect Solutions, Inc. completed a holding company merger with ALL-Q-Tell Corporation. All the former shareholders of ALL-Q-Tell Corporation became the shareholders of Perfect Solutions Group, Inc. with each shareholder holding an equivalent economic interest as they held in All-Q-Tell Corporation. Additional Paid-In Capital The Company’s sole officer and director, Paul Moody, paid expenses on behalf of the company totaling $4,250 during the period ended October 31, 2021. The Company’s sole officer and director, Paul Moody, paid expenses on behalf of the company totaling $960 during the period ended July 31, 2021. The $5,210 in total payments is considered contributions to the company with no expectation of repayment and is posted as additional paid-in capital. |
| Note 7 - Related-Party Transactions | 3 Months Ended |
| Oct. 31, 2021 | |
| Related Party Transactions [Abstract] | |
| Note 7 - Related-Party Transactions | Note 7 - Related-Party Transactions The Company’s sole officer and director, Paul Moody, paid expenses on behalf of the company totaling $4,250 during the period ended October 31, 2021. The Company’s sole officer and director, Paul Moody, paid expenses on behalf of the company totaling $960 during the period ended July 31, 2021. Office Space We utilize the home office space and equipment of our management at no cost. |
| Note 8 - Subsequent Events | 3 Months Ended |
| Oct. 31, 2021 | |
| Subsequent Events [Abstract] | |
| Note 8 - Subsequent Events | Note 8 - Subsequent Events Management has reviewed financial transactions for the Company subsequent to the period ended October 31, 2021 and has found that there was nothing material to disclose. |
| Note 2 - Summary of Significant Accounting Policies (Policies) | 3 Months Ended |
| Oct. 31, 2021 | |
| Accounting Policies [Abstract] | |
| Basis of Presentation | Basis of Presentation This summary of significant accounting policies is presented to assist in understanding the Company's financial statements. These accounting policies conform to accounting principles, generally accepted in the United States of America, and have been consistently applied in the preparation of the financial statements. |
| 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. In the opinion of management, all adjustments necessary in order to make the financial statements not misleading have been included. Actual results could differ from those estimates. |
| Cash and Cash Equivalents | Cash and Cash Equivalents The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. Cash and cash equivalents as of October 31, 2021 and July 31, 2021 were $0 for both periods. |
| Income Taxes | Income Taxes The Company accounts for income taxes under ASC 740, “ Income Taxes |
| Basic Earnings (Loss) Per Share | Basic Earnings (Loss) Per Share The Company computes basic and diluted earnings (loss) per share in accordance with ASC Topic 260, Earnings per Share The Company does not have any potentially dilutive instruments as of October 31, 2021 and, thus, anti-dilution issues are not applicable. |
| Fair Value of Financial Instruments | Fair Value of Financial Instruments The Company’s balance sheet includes certain financial instruments. The carrying amounts of current assets and current liabilities approximate their fair value because of the relatively short period of time between the origination of these instruments and their expected realization. ASC 820, Fair Value Measurements and Disclosures - Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. - Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation or other means. - Level 3 - Inputs that are both significant to the fair value measurement and unobservable. Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of October 31, 2021. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments. These financial instruments include accrued expenses. F-5 Table of Contents |
| Related Parties | Related Parties The Company follows ASC 850, Related Party Disclosures, |
| Share-Based Compensation | Share-Based Compensation ASC 718, “ Compensation – Stock Compensation The Company accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50, “ Equity – Based Payments to Non-Employees.” The Company had no stock-based compensation plans as of October 31, 2021. The Company’s stock-based compensation for the period ended October 31, 2021 was $0. |
| Recently Issued Accounting Pronouncements | Recently Issued Accounting Pronouncements In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). ASU 2016-02 We have no assets and or leases and do not believe we will be impacted in the foreseeable future by the newly adopted accounting standard(s) mentioned above. The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new pronouncements that have been issued that might have a material impact on its financial position or results of operations. |
