| Cover - USD ($) | 12 Months Ended | ||
| Jul. 31, 2022 | Sep. 30, 2022 | Jan. 31, 2022 | |
| Cover [Abstract] | |||
| Document Type | 10-K | ||
| Amendment Flag | false | ||
| Document Annual Report | true | ||
| Document Period End Date | Jul. 31, 2022 | ||
| Document Fiscal Period Focus | FY | ||
| Document Fiscal Year Focus | 2022 | ||
| Current Fiscal Year End Date | --07-31 | ||
| Entity File Number | 000-56358 | ||
| Entity Registrant Name | Ultimate Holdings Group, Inc. | ||
| Entity Central Index Key | 0001888846 | ||
| Entity Tax Identification Number | 00-0000000 | ||
| Entity Incorporation, State or Country Code | NV | ||
| Entity Well-known Seasoned Issuer | No | ||
| Entity Voluntary Filers | No | ||
| Entity Current Reporting Status | 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 | ||
| Entity Public Float | $ 0 | ||
| Entity Common Stock, Shares Outstanding | 0 | ||
| Auditor Firm ID | 5041 | ||
| Auditor Name | BF Borgers CPA PC | ||
| Auditor Location | Lakewood, CO |
| Balance Sheet - USD ($) | Jul. 31, 2022 | Jul. 31, 2021 |
| Statement of Financial Position [Abstract] | ||
| TOTAL ASSETS | ||
| CURRENT LIABILITIES | ||
| Accrued Expenses | 3,750 | |
| TOTAL LIABILITIES | 3,750 | |
| Stockholders’ Equity (Deficit) | ||
| Preferred stock ($0.001 par value, 5,000,000 shares authorized; 0 issued and outstanding as of July 31, 2022 and July 31, 2021) | ||
| Common stock ($0.001 par value, 200,000,000 shares authorized, 0 issued and outstanding as of July 31, 2022 and July 31, 2021) | ||
| Additional paid-in capital | 9,595 | 960 |
| Accumulated deficit | (9,595) | (4,710) |
| Total Stockholders’ Equity (Deficit) | (3,750) | |
| TOTAL LIABILITIES & STOCKHOLDERS’ EQUITY (DEFICIT) |
| Balance Sheet (Parenthetical) | Jul. 31, 2022 $ / shares shares |
| Statement of Financial Position [Abstract] | |
| preferred par value | $ / shares | $ 0.001 |
| preferred authorized | 5,000,000 |
| preferred issued | 0 |
| common stock par value | $ / shares | $ 0.001 |
| common stock authorized | 200,000,000 |
| common issued | 0 |
| Statements of Operations - USD ($) | 12 Months Ended | |
| Jul. 31, 2021 | Jul. 31, 2022 | |
| Operating Expenses | ||
| General and administrative expenses | $ 4,710 | $ 4,885 |
| Total Operating Expenses | 4,710 | 4,885 |
| Net Income/ Loss | $ (4,710) | $ (4,885) |
| Basic and Diluted net loss per common share | ||
| Weighted average number of common shares outstanding |
| Statement of Changes in Stockholder (Deficit) - USD ($) | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Total |
| Beginning balance, value at Jul. 29, 2021 | ||||
| Expenses paid on behalf of the Company and contributed to capital | 960 | 960 | ||
| Net loss | (4,710) | (4,710) | ||
| Balance, value | ||||
| Balance, value | 960 | (4,710) | (3,750) | |
| Beginning balance, value at Jul. 31, 2021 | 960 | (4,710) | (3,750) | |
| Expenses paid on behalf of the Company and contributed to capital | 8,635 | 8,635 | ||
| Net loss | (4,885) | (4,885) | ||
| Balance, value | $ 9,595 | $ (9,595) |
| Statement of Cash Flows - USD ($) | 12 Months Ended | |
| Jul. 31, 2021 | Jul. 31, 2022 | |
| CASH FLOWS FROM OPERATING ACTIVITIES | ||
| Net loss | $ (4,710) | $ (4,885) |
| Changes in current assets and liabilities: | ||
| Accrued expenses | 3,750 | (3,750) |
| Net cash used in operating activities | (960) | (8,635) |
| CASH FLOWS FROM FINANCING ACTIVITIES | ||
| Expenses contributed to capital | 960 | 8,635 |
| Net cash used in financing activities | 960 | 8,635 |
| 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 | 12 Months Ended |
| Jul. 31, 2022 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| Note 1 - Organization and Description of Business | Note 1 - Organization and Description of Business Ultimate Holdings Group, Inc. (we, us, our, or the "Company") was incorporated by Thomas DeNunzio on July 30, 2021 in the State of Nevada. On July 30, 2021, Thomas DeNunzio was appointed Chief Executive Officer, Chief Financial Officer, and Director of Ultimate Holdings Group, 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 July 31, 2022, the Company had not yet commenced any operations. |
| Note 2 - Summary of Significant Accounting Policies | 12 Months Ended |
| Jul. 31, 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 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 July 31, 2022 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 July 31, 2022 and, thus, anti-dilution issues are not applicable. - F7 - Table of Contents 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 July 31, 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 July 31, 2022. The Company’s stock-based compensation for the periods ended July 31, 2022 and July 31, 2021 was $0 for both periods. 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 | 12 Months Ended |
| Jul. 31, 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 | 12 Months Ended |
| Jul. 31, 2022 | |
| 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 July 31, 2022, the Company has incurred a net loss of approximately $9,595 which resulted in a net operating loss for income tax purposes. The loss results in a deferred tax asset of approximately $2,015 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, 2022, we have completed only two taxable fiscal years. Potential benefits of income tax losses are not recognized in the accounts until realization is more likely than not. In assessing the realization of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Significant components of the Company’s deferred tax assets are as follows: July 31, 2022 2021 Deferred tax asset, generated from net operating loss $ 2,015 $ 989 Valuation allowance (2,015) (989) $ — $ — The reconciliation of the effective income tax rate to the federal statutory rate is as follows: Federal income tax rate 21.0% 21.0 % Increase in valuation allowance (21.0%) (21.0 %) Effective income tax rate 0.0% 0.0 % Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carryforwards for Federal income tax reporting purposes are subject to annual limitations. Should a change in ownership occur, net operating loss carryforwards may be limited as to use in future years. |
| Note 5 - Commitments and Contingencies | 12 Months Ended |
| Jul. 31, 2022 | |
| Commitments and Contingencies Disclosure [Abstract] | |
| Note 5 - Commitments and Contingencies | Note 5 - Commitments and Contingencies The Company follows ASC 450-20, Los Contingencies, |
| Note 6 - Shareholder Equity | 12 Months Ended |
| Jul. 31, 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 July 31, 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 July 31, 2022 and July 31, 2021. Additional Paid-In Capital The Company’s sole officer and director, Thomas DeNunzio, paid expenses on behalf of the company totaling $8,635 during the period ended July 31, 2022. The Company’s sole officer and director, Thomas DeNunzio, paid expenses on behalf of the company totaling $960 during the period ended July 31, 2021. The $9,595 in total payments are considered contributions to the company with no expectation of repayment and are posted as additional paid-in capital. |
| Note 7 - Related-Party Transactions | 12 Months Ended |
| Jul. 31, 2022 | |
| Related Party Transactions [Abstract] | |
| Note 7 - Related-Party Transactions | Note 7 - Related-Party Transactions Office Space We utilize the home office space and equipment of our management at no cost. |
| Note 8 - Subsequent Events | 12 Months Ended |
| Jul. 31, 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 July 31, 2022 and has found that there was nothing material to disclose. |
| Note 2 - Summary of Significant Accounting Policies (Policies) | 12 Months Ended |
| Jul. 31, 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 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 July 31, 2022 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 July 31, 2022 and, thus, anti-dilution issues are not applicable. - F7 - Table of Contents |
| 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 July 31, 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 July 31, 2022. The Company’s stock-based compensation for the periods ended July 31, 2022 and July 31, 2021 was $0 for both periods. |
| 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. |
