| Cover | 9 Months Ended |
| Apr. 30, 2022 | |
| Cover [Abstract] | |
| Document Type | 10-Q |
| Amendment Flag | false |
| Document Quarterly Report | true |
| Document Period End Date | Apr. 30, 2022 |
| Document Fiscal Period Focus | Q3 |
| Document Fiscal Year Focus | 2022 |
| Current Fiscal Year End Date | --07-31 |
| Entity File Number | 000-56350 |
| Entity Registrant Name | GPL Holdings, Inc. |
| Entity Central Index Key | 0001883083 |
| Entity Tax Identification Number | 00-0000000 |
| Entity Incorporation, State or Country Code | NV |
| 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 | true |
| Balance Sheet - USD ($) | Apr. 30, 2022 | Jul. 31, 2021 |
| Statement of Financial Position [Abstract] | ||
| TOTAL ASSETS | ||
| CURRENT LIABILITIES | ||
| Loan to the Company – related party | 45,994 | 960 |
| Accrued Expenses | 4,450 | |
| TOTAL LIABILITIES | 45,994 | 5,410 |
| Stockholders’ Equity (Deficit) | ||
| Preferred stock ($.001 par value, 5,000,000 shares authorized; 0 issued and outstanding as of April 30, 2022 and July 31, 2021) | ||
| Common stock ($.001 par value, 200,000,000 shares authorized, 0 issued and outstanding as of April 30, 2022 and July 31, 2021) | ||
| Accumulated deficit | (45,994) | (5,410) |
| Total Stockholders’ Equity (Deficit) | (45,994) | (5,410) |
| TOTAL LIABILITIES & STOCKHOLDERS’ EQUITY (DEFICIT) |
| Balance Sheet (Parenthetical) - $ / shares | Jan. 31, 2022 | Oct. 31, 2021 | Jul. 31, 2021 |
| Statement of Financial Position [Abstract] | |||
| Preferred Par Value | $ 0.001 | $ 0.001 | |
| Preferred Authorized | 5,000,000 | 5,000,000 | |
| Preferred Stock Outstanding | 0 | 0 | |
| Common Par Value | $ 0.001 | $ 0.001 | |
| Common Stock Authorized | 200,000,000 | 200,000,000 | |
| Common Stock Outstanding | 0 | 0 |
| Statement of Operations (Unaudited) - USD ($) | 3 Months Ended | 9 Months Ended |
| Apr. 30, 2022 | Apr. 30, 2022 | |
| Operating expenses | ||
| General and administrative expenses | $ 3,675 | $ 40,584 |
| Total operating expenses | 3,675 | 40,584 |
| Net income/ loss | $ (3,675) | $ (40,584) |
| Basic and Diluted net loss per common share | ||
| Weighted average number of common shares outstanding - Basic and Diluted |
| Statement of Changes in Stockholder (Deficit) (Unaudited) - USD ($) | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Total |
| Balance, value | $ (5,410) | $ (5,410) | ||
| Beginning balance, value at Jul. 31, 2021 | (5,410) | (5,410) | ||
| Net loss | (8,872) | (8,872) | ||
| Beginning balance, value at Jul. 31, 2021 | (5,410) | (5,410) | ||
| Net loss | (40,584) | |||
| Balance, value | (14,282) | (14,282) | ||
| Beginning balance, value at Oct. 31, 2021 | (14,282) | (14,282) | ||
| Net loss | (28,037) | (28,037) | ||
| Balance, value | (42,319) | (42,319) | ||
| Beginning balance, value at Jan. 31, 2022 | (42,319) | (42,319) | ||
| Net loss | (3,675) | (3,675) | ||
| Balance, value | $ (45,994) | $ (45,994) |
| Statement of Cash Flows (Unaudited) - USD ($) | 3 Months Ended | 9 Months Ended | |
| Apr. 30, 2022 | Oct. 31, 2021 | Apr. 30, 2022 | |
| CASH FLOWS FROM OPERATING ACTIVITIES | |||
| Net loss | $ (3,675) | $ (8,872) | $ (40,584) |
| Changes in current assets and liabilities: | |||
| Accrued expenses | (4,450) | ||
| Net cash used in operating activities | (45,034) | ||
| CASH FLOWS FROM FINANCING ACTIVITIES | |||
| Loan to the Company – related party | 45,034 | ||
| Net cash used in financing activities | 45,034 | ||
| 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 | 9 Months Ended |
| Apr. 30, 2022 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| Note 1 - Organization and Description of Business | Note 1 - Organization and Description of Business GPL Holdings, Inc. (we, us, our, or the "Company") was incorporated by Sylvester Lee Crawford on July 30, 2021 in the State of Nevada. On July 30, 2021, Sylvester Lee Crawford was appointed Chief Executive Officer, Chief Financial Officer, and Director of GPL Holdings, Inc. 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 April 30, 2022, the Company had not yet commenced any operations. |
| Note 2 - Summary of Significant Accounting Policies | 9 Months Ended |
| Apr. 30, 2022 | |
| 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 T he 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 April 30, 2022 and July 31, 2021 were $0 for both periods. Income Taxes T he Company accounts for income taxes under ASC 740, “ Income Taxes F-5 Table of Contents 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 April 30, 2022 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. F air value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of April 30, 2022. 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. 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 April 30, 2022. The Company’s stock-based compensation for the period ended April 30, 2022 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. F-6 Table of Contents |
| Note 3 - Going Concern | 9 Months Ended |
| Apr. 30, 2022 | |
| 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 | 9 Months Ended |
| Apr. 30, 2022 | |
| Income Tax Disclosure [Abstract] | |
| Note 4 - Income Taxes | Note 4 - Income Taxes T he 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 April 30, 2022, the Company has incurred a net loss of approximately $45,994 which resulted in a net operating loss for income tax purposes. The loss results in a deferred tax asset of approximately $9,659 at the effective statutory rate of 21%. The deferred tax asset has been offset by an equal valuation allowance. Given our inception on July 30, 2021, and our fiscal year end of July 31, 2021, we have completed only one taxable fiscal year. |
| Note 5 - Commitments and Contingencies | 9 Months Ended |
| Apr. 30, 2022 | |
| Commitments and Contingencies Disclosure [Abstract] | |
| Note 5 - Commitments and Contingencies | Note 5 - Commitments and Contingencies T he Company follows ASC 450-20, Los Contingencies, |
| Note 6 - Shareholder Equity | 9 Months Ended |
| Apr. 30, 2022 | |
| Equity [Abstract] | |
| Note 6 - Shareholder Equity | Note 6 - Shareholder Equity Preferred Stock The authorized preferred stock of the Company consists of 5,000,000 shares with a par value of $0.001. There were no shares of preferred stock issued and outstanding as of April 30, 2022 and July 31, 2021. Common Stock The authorized common stock of the Company consists of 200,000,000 shares with a par value of $0.001. There were no shares of common stock issued and outstanding as of April 30, 2022 and July 31, 2021. |
| Note 7 - Related-Party Transactions | 9 Months Ended |
| Apr. 30, 2022 | |
| Related Party Transactions [Abstract] | |
| Note 7 - Related-Party Transactions | Note 7 - Related-Party Transactions Loan to the Company During the period ended April 30, 2022, our sole director, Lee Crawford, paid expenses on behalf of the Company totaling $45,034. These payments are considered as a loan to the Company which is noninterest-bearing, unsecured, and payable on demand. Office Space We utilize the home office space and equipment of our management at no cost. |
| Note 8 - Subsequent Events | 9 Months Ended |
| Apr. 30, 2022 | |
| Subsequent Events [Abstract] | |
| Note 8 - Subsequent Events | Note 8 - Subsequent Events Management has reviewed financial transactions for the Company subsequent to the period ended April 30, 2022 and has found that there was nothing material to disclose except for the following: On May 23, 2022, the Company transmuted its business plan from that of a blank check shell company to a business combination related shell company with a holding company formation pursuant to a reorganization with Benchmark Energy Corporation. The constituent corporations in the Reorganization were Benchmark Energy Corporation (“BMRK”), the Company and GPL Merger Sub, Inc. (“Merger Sub”). Our director is and was the sole director/officer of each constituent corporation in the Reorganization. Pursuant to the reorganization, the Company issued 1,000 common shares of its common stock to Predecessor and Merger Sub issued 1,000 shares of its common stock to the Company immediately prior to the Reorganization. Immediately prior to the merger, the Company was a wholly owned direct subsidiary of BMRK and Merger Sub was a wholly owned and direct subsidiary of the Company. The legal effective date of the Reorganization was May 23, 2022 (the “Effective Time”). At the Effective Time, Predecessor was merged with and into Merger Sub (the “Merger), and Predecessor was the surviving corporation. Each share of Predecessor common stock (BMRK) issued and outstanding immediately prior to the Effective Time shall be (and subsequently was) converted into one validly issued, fully paid and non-assessable share of Successor common stock. Each share of Predecessor’s common stock issued and outstanding immediately prior to the Effective Time was converted into one validly issued, fully paid and non-assessable share of Successor common stock. The control shareholder of Successor is GPL Holdings, LLC, a Nevada limited liability company. Sylvester L. Crawford, our sole director is the sole member of GPL Holdings, LLC and is therefore deemed to be the indirect and beneficial holder of a total of 150,000,000 shares of Common Stock of the Company representing approximately 85.81% voting control of the Company. Mr. Crawford is the same officer/director of the Predecessor and Merger Sub. Yantis Family Trust owns 5.673 % voting control. There are no other shareholders not already disclosed or any officer/director holding at least 5% of the outstanding voting shares of the Company. Currently, there are approximately 176,285,321 shares of Common Stock issued and outstanding of the issuer. On May 23, 2022, after the completion of the Holding Company Reorganization, we cancelled all of the stock we held in resulting in Benchmark Energy Corporation as a stand-alone company. Pursuant to the holding company merger agreement and effects of merger, all of the assets and liabilities, if any, remain with Benchmark Energy Corporation after the Reorganization. Mr. Sylvester Crawford, the Director of Benchmark Energy Corporation, did not discover any assets of BMRK from the time he was appointed Director until the completion of the Reorganization and subsequent separation of BMRK as a stand-alone company. The Company believes that the Reorganization, deemed effective on May 23, 2022, was not a transaction of the type described in subparagraph (a) of Rule 145 under the Securities Act of 1933 and the consummation of the Reorganization will not be deemed to involve an “offer”, “offer to sell”, “offer for sale” or “sale” within the meaning of Section 2(3) of the Securities Act of 1933. The Reorganization was consummated without the vote or consent of the Company’s stockholders. In addition, the provisions of NRS 92A.180 did not provide a stockholder of the Company with appraisal rights in connection with the Reorganization. The Company believes that in the absence of any right of any of the Company’s stockholders to vote with respect to the Reorganization or to insist that their shares be purchased for fair value, the Reorganization could not be deemed to involve an “offer” “offer to sell”; or “sale” within the meaning of Section 2(3) of the Securities Act of 1933.” |
| Note 2 - Summary of Significant Accounting Policies (Policies) | 9 Months Ended |
| Apr. 30, 2022 | |
| 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 T he 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 April 30, 2022 and July 31, 2021 were $0 for both periods. |
| Income Taxes | Income Taxes T he Company accounts for income taxes under ASC 740, “ Income Taxes F-5 Table of Contents |
| 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 April 30, 2022 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. F air value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of April 30, 2022. 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. |
| 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 April 30, 2022. The Company’s stock-based compensation for the period ended April 30, 2022 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. |
