Ultimate (UHGI) 10-Q 15 Mar 23 2023 Q2 Quarterly report Financial data

Cover

Cover	6 Months Ended
	Jan. 31, 2023
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Period End Date	Jan. 31, 2023
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2023
Current Fiscal Year End Date	--07-31
Entity File Number	000-056358
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 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

Balance Sheet

Balance Sheet - USD ($)	Jan. 31, 2023	Jul. 31, 2022
Statement of Financial Position [Abstract]
TOTAL ASSETS
CURRENT LIABILITIES
TOTAL LIABILITIES
Stockholders’ Equity (Deficit)
Preferred stock ($0.001 par value, 20,000,000 shares authorized as of January 31, 2023; $0.001 par value, 5,000,000 shares authorized as of July 31, 2022; 0 issued and outstanding as of January 31, 2023 and July 31, 2022)
Common stock ($0.001 par value, 1,000,000,000 shares authorized as of January 31, 2023; $0.001 par value 200,000,000 shares authorized as of July 31, 2022; 611,600,000 and 0 issued and outstanding as of January 31, 2023 and July 31, 2022, respectively)	611,600
Additional paid-in capital	(595,305)	9,595
Accumulated deficit	(16,295)	(9,595)
Total Stockholders’ Equity (Deficit)
TOTAL LIABILITIES & STOCKHOLDERS’ EQUITY (DEFICIT)

Balance Sheet (Parenthetical)

Balance Sheet (Parenthetical) - $ / shares	Jan. 31, 2023	Jul. 31, 2022
Statement of Financial Position [Abstract]
preferred stock par value	$ 0.001	$ 0.001
preferred stock authorized	20,000,000	5,000,000
preferred stock outstanding	0
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares Authorized	1,000,000,000	200,000,000
common stock issued	611,600,000	0

Statement of Operations (Unaudi

Statement of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jan. 31, 2023	Jan. 31, 2022	Jan. 31, 2023	Jan. 31, 2022
Operating Expenses
General and administrative expenses	$ 1,850	$ 350	$ 6,700	$ 735
Total Operating Expenses	1,850	350	6,700	735
Net Loss	$ (1,850)	$ (350)	$ (6,700)	$ (735)
Basic and Diluted net loss per common share	$ 0		$ 0
Weighted average number of common shares outstanding	312,447,826		156,223,913

Statement of Changes in Stockho

Statement of Changes in Stockholder (Deficit) (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
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		3,785		3,785
Net loss			(385)	(385)
Beginning balance, value at Jul. 31, 2021		960	(4,710)	(3,750)
Net loss				(735)
Balance, value		4,745	(5,095)	(350)
Beginning balance, value at Oct. 31, 2021		4,745	(5,095)	(350)
Expenses paid on behalf of the Company and contributed to capital		350		350
Net loss			(350)	(350)
Balance, value		5,095	(5,445)	(350)
Balance, value		9,595	(9,595)
Common Stock Issued and Outstanding				0
Beginning balance, value at Jul. 31, 2022		9,595	(9,595)
Expenses paid on behalf of the Company and contributed to capital		4,850		4,850
Net loss			(4,850)	(4,850)
Beginning balance, value at Jul. 31, 2022		9,595	(9,595)
Net loss				(6,700)
Balance, value		14,445	(14,445)
Beginning balance, value at Oct. 31, 2022		14,445	(14,445)
Expenses paid on behalf of the Company and contributed to capital		1,850		1,850
Net loss			(1,850)	(1,850)
Common shares issued in reorganization	611,600	(611,600)
Balance, value	$ 611,600	$ (595,305)	$ (16,295)
Common Stock Issued and Outstanding				611,600,000

Statement of Changes in Stock_2

Statement of Changes in Stockholder (Deficit) (Unaudited) Continued - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
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		3,785		3,785
Net loss			(385)	(385)
Beginning balance, value at Jul. 31, 2021		960	(4,710)	(3,750)
Net loss				(735)
Balance, value		4,745	(5,095)	(350)
Beginning balance, value at Oct. 31, 2021		4,745	(5,095)	(350)
Expenses paid on behalf of the Company and contributed to capital		350		350
Net loss			(350)	(350)
Balance, value		5,095	(5,445)	(350)
Balance, value		9,595	(9,595)
Beginning balance, value at Jul. 31, 2022		9,595	(9,595)
Expenses paid on behalf of the Company and contributed to capital		4,850		4,850
Net loss			(4,850)	(4,850)
Beginning balance, value at Jul. 31, 2022		9,595	(9,595)
Net loss				(6,700)
Balance, value		14,445	(14,445)
Beginning balance, value at Oct. 31, 2022		14,445	(14,445)
Expenses paid on behalf of the Company and contributed to capital		1,850		1,850
Net loss			(1,850)	(1,850)
Balance, value	$ 611,600	$ (595,305)	$ (16,295)

Statement of Cash Flows (Unaudi

Statement of Cash Flows (Unaudited) - USD ($)		3 Months Ended				6 Months Ended		12 Months Ended
	Jul. 31, 2021	Jan. 31, 2023	Oct. 31, 2022	Jan. 31, 2022	Oct. 31, 2021	Jan. 31, 2023	Jan. 31, 2022	Jul. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss		$ (1,850)	$ (4,850)	$ (350)	$ (385)	$ (6,700)	$ (735)
Changes in current assets and liabilities:
Accrued expenses							(3,400)
Net cash used in operating activities						(6,700)	(4,135)
CASH FLOWS FROM FINANCING ACTIVITIES
Expenses contributed to capital	$ 960					6,700	4,135	$ 8,635
Net cash provided by financing activities						6,700	4,135
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 Descr

Note 1 - Organization and Description of Business	6 Months Ended
	Jan. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Note 1 - Organization and Description of Business	Note 1 - Organization and Description of Business Ultimate Holdings, 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. On October 19, 2022, Mr. Thomas DeNunzio resigned as the Company’s Chief Executive Officer, Chief Financial Officer, President, Director, Secretary, and Treasurer. The resignation of Mr. Thomas DeNunzio was not the result of any disagreement with the Company on any matter relating to its operations, policies, or practices. There is no arrangement or understanding among the newly appointed officer and director or any other person pursuant to which they were appointed as a director and officer of the Company. On October 19, 2022, Mr. Paul Moody was appointed by Mr. DeNunzio as the Company’s Chief Executive Officer, Chief Financial Officer, President, Director, Secretary, and Treasurer. At this time, the Company does not have any written employment agreements or other formal compensation agreements with our new officer and director. On November 15, 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 Luboa Group, Inc. (“LBAO” or “Predecessor” ), a Nevada corporation. The reason for the change in the nature of our business plan is due to the fact that our sole director believed it to be in the best interest of the Company to complete a holding company reorganization (“Reorganization”) with LBAO pursuant to NRS 92A.180, NRS A.200, NRS 92A.230 and NRS 92A.250. The “Articles of Merger” pursuant to the Reorganization were filed and effective on November 15, 2022 with the Nevada Secretary of State. The constituent corporations in the Reorganization were Luboa Group, Inc. (“LBAO” or “Predecessor”), the Company and Ultimate Holdings 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 LBAO and Merger Sub was a wholly owned and direct subsidiary of the Company. The legal effective date of the Reorganization was November 15, 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 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. 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 CRS Consulting, LLC, a Wyoming limited liability company controlled by Jeffrey DeNunzio, Thomas DeNunzio and Paul Moody. CRS Consulting, LLC is the beneficial holder of a total of 500,000,000 shares of Common Stock of the Company representing approximately 81.75% voting control of the Company. Paul Moody is the same officer/director of the Predecessor and Merger Sub. Currently, there are approximately 611,600,000 shares of Common Stock issued and outstanding of the issuer. The Board of Directors of Predecessor, Successor, and Merger Sub approved the Reorganization, shareholder approval not being required pursuant to NRS 92A.180; The Reorganization constituted a tax-free organization pursuant to Section 368(a)(1) of the Internal Revenue Code; Effects of Merger The Merger shall have the effects set forth in the Agreement and Plan of Merger (attached as Exhibit 99 in the Form 8-K we filed with the Securities and Exchange Commission on November 21, 2022) pursuant to the applicable provisions set forth in NRS 92A.250. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, (i) right and title to all assets (including real estate and other property, if any) owned by, and every contract right possessed by, the Predecessor and Merger Sub shall vest in Predecessor, and (ii) all liabilities and obligations of the Predecessor and Merger Sub shall become the liabilities and obligations of Predecessor. The vesting of such rights, title, liabilities, and obligations in the Predecessor shall not be deemed to constitute an assignment or an undertaking or attempt to assign such rights, title, liabilities and obligations. The conversion of securities of Predecessor into the identical and equivalent securities of Successor will not constitute a sale, resale or different security. Securities issued by Successor pursuant to the merger shall be deemed to have been acquired at the same time as the securities of the Predecessor exchanged in the merger. Successor securities issued solely in exchange for the securities of Predecessor as part of a reorganization of the Predecessor into a holding company structure. Stockholders received securities of the same class evidencing the same proportional interest in the holding company as they held in the Predecessor, and the rights and interests of the stockholders of such securities are substantially the same as those they possessed as stockholders of the Predecessor’s securities. Immediately following the merger, Successor has no significant assets other than securities of the Predecessor and its existing subsidiary(s) and has the same assets and liabilities on a consolidated basis as the Predecessor had before the merger. Stockholders of Predecessor became and now are the stockholders of Successor. On November 15, 2022, after the completion of the Holding Company Reorganization, the Company cancelled all of its stock held in Predecessor resulting in the Company as a stand-alone and separate entity with no subsidiaries, no assets and negligible liabilities. The assets and liabilities of Predecessor, if any remain with Predecessor. On November 15, 2022, the Company, a business combination related shell company pursuant to Rule 405 of Regulation C and Exchange Act Rule 12b-2, completed a holding company reorganization (“Reorganization”) with Luboa Group, Inc. (a Nevada Corporation). 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 the date of this report, the Company had not yet commenced any such operations. The Company has elected July 31st as its year end.

Note 2 - Summary of Significant

Note 2 - Summary of Significant Accounting Policies	6 Months Ended
	Jan. 31, 2023
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 January 31, 2023 and July 31, 2022 were $0 for both periods. Income Taxes The Company accounts for income taxes under ASC 740, “Income Taxes.” Under the asset and liability method of ASC 740, deferred tax assets and liabilities are recognized for the 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 the enactment occurs. A valuation allowance is provided for certain deferred tax assets if it is more likely than not that the Company will not realize tax assets through future operations. No deferred tax assets or liabilities were recognized as of January 31, 2023 and July 31, 2022. 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 January 31, 2023 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 January 31, 2023. 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 January 31, 2023. The Company’s stock-based compensation for the periods ended January 31, 2023 and January 31, 2022 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

Note 3 - Going Concern	6 Months Ended
	Jan. 31, 2023
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

Note 4 - Income Taxes	6 Months Ended
	Jan. 31, 2023
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 January 31, 2023, the Company has incurred a net loss of approximately $16,295 $3,422 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 Contin

Note 5 - Commitments and Contingencies	6 Months Ended
	Jan. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Note 5 - Commitments and Contingencies	Note 5 - Commitments and Contingencies The Company follows ASC 450-20, Loss Contingencies, to report accounting for contingencies. Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated. There were no commitments or contingencies as of January 31, 2023.

Note 6 - Shareholder Equity

Note 6 - Shareholder Equity	6 Months Ended
	Jan. 31, 2023
Equity [Abstract]
Note 6 - Shareholder Equity	Note 6 - Shareholder Equity Preferred Stock The authorized preferred stock of the Company consists of 20,000,000 shares with a par value of $0.001 as of January 31, 2023. There were no shares of preferred stock issued and outstanding as of January 31, 2023 and July 31, 2022. Common Stock The authorized common stock of the Company consists of 1,000,000,000 shares with a par value of $0.001 as of January 31, 2023. There were 611,600,000 and no shares of common stock issued and outstanding as of January 31, 2023 and July 31, 2022, respectively. On November 15, 2022, the Company underwent a reorganization whereby it merged, via a Merger Sub with . After the reorganization, (see Note 1) Additional Paid-In Capital The Company’s sole officer and director, Paul Moody, paid expenses on behalf of the company totaling $ 6,700 The Company’s former 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 former sole officer and director, Thomas DeNunzio, paid expenses on behalf of the company totaling $960 The $16,295 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 Transact

Note 7 - Related-Party Transactions	6 Months Ended
	Jan. 31, 2023
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

Note 8 - Subsequent Events	6 Months Ended
	Jan. 31, 2023
Subsequent Events [Abstract]
Note 8 - Subsequent Events	Note 8 - Subsequent Events FINRA recently completed its review of our corporate action pursuant to the Reorganization detailed herein in Note 1. On or about March 1, 2023, Ultimate Holdings Group, Inc. was issued a CUSIP number of 90401U109 by CUSIP Global Services. The announcement of our corporate action and release of our ticker symbol “UHGI” was posted on the FINRA Daily List on March 1, 2023. The Market Effective date is March 2, 2023. As a result of the Reorganization and FINRA’S subsequent completion of their review, Ultimate Holdings Group, Inc. began a quoted market in its common stock on March 2, 2023 under the ticker symbol “UHGI”. The Company believes that the Reorganization, deemed effective on November 15, 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 Significa_2

Note 2 - Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jan. 31, 2023
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 January 31, 2023 and July 31, 2022 were $0 for both periods.
Income Taxes	Income Taxes The Company accounts for income taxes under ASC 740, “Income Taxes.” Under the asset and liability method of ASC 740, deferred tax assets and liabilities are recognized for the 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 the enactment occurs. A valuation allowance is provided for certain deferred tax assets if it is more likely than not that the Company will not realize tax assets through future operations. No deferred tax assets or liabilities were recognized as of January 31, 2023 and July 31, 2022.
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 January 31, 2023 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 January 31, 2023. 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 January 31, 2023. The Company’s stock-based compensation for the periods ended January 31, 2023 and January 31, 2022 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.

Note 4 - Income Taxes (Details

Note 4 - Income Taxes (Details Narrative)	6 Months Ended
	Jan. 31, 2023 USD ($)
Income Tax Disclosure [Abstract]
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent	$ 16,295
Deferred Income Tax Assets, Net	$ 3,422

Note 6 - Shareholder Equity (De

Note 6 - Shareholder Equity (Details Narrative) - USD ($)		6 Months Ended		12 Months Ended
	Jul. 31, 2021	Jan. 31, 2023	Jan. 31, 2022	Jul. 31, 2022
Equity [Abstract]
Expenses contributed to capital	$ 960	$ 6,700	$ 4,135	$ 8,635