Document and Entity Information
Document and Entity Information | 9 Months Ended |
Jan. 31, 2017shares | |
Document and Entity Information: | |
Entity Registrant Name | ARBOR ENTECH CORP |
Document Type | 10-Q |
Document Period End Date | Jan. 31, 2017 |
Trading Symbol | arbe |
Amendment Flag | false |
Entity Central Index Key | 710,782 |
Current Fiscal Year End Date | --04-30 |
Entity Common Stock, Shares Outstanding | 7,350,540 |
Entity Filer Category | Smaller Reporting Company |
Entity Current Reporting Status | Yes |
Entity Voluntary Filers | No |
Entity Well-known Seasoned Issuer | No |
Document Fiscal Year Focus | 2,017 |
Document Fiscal Period Focus | Q3 |
CONDENSED BALANCE SHEETS (Unaud
CONDENSED BALANCE SHEETS (Unaudited) - USD ($) | Jan. 31, 2017 | Apr. 30, 2016 |
Current Assets: | ||
Cash and Cash Equivalents | $ 229,339 | $ 247,424 |
Total Current Assets | 229,339 | 247,424 |
Total Assets | 229,339 | 247,424 |
Current Liabilities: | ||
Accounts Payable and Accrued Expenses | 0 | 1,500 |
Accounts Payable and Accrued Expenses Related Party | 0 | 1,450 |
Total Current Liabilities | 0 | 2,950 |
Commitments and Contingencies | ||
Stockholders' Equity: | ||
Preferred Stock, $.001 Par Value; 1,000,000 Shares Authorized; None Issued and Outstanding; | 0 | 0 |
Common Stock, $.001 Par Value; 100,000,000 Shares Authorized; 7,350,540 Shares Issued and Outstanding | 7,350 | 7,350 |
Additional Paid-In Capital | 2,372,640 | 2,372,640 |
Retained Deficit | (2,150,651) | (2,135,516) |
Total Stockholders' Equity | 229,339 | 244,474 |
Total Liabilities and Stockholders' Equity | $ 229,339 | $ 247,424 |
CONDENSED BALANCE SHEETS PARENT
CONDENSED BALANCE SHEETS PARENTHETICALS - $ / shares | Jan. 31, 2017 | Apr. 30, 2016 |
PARENTHETICALS | ||
Preferred Stock, par value | $ 0.001 | $ 0.001 |
Preferred Stock, shares authorised | 1,000,000 | 1,000,000 |
Common Stock, par value | $ 0.001 | $ 0.001 |
Common Stock, shares authorized | 100,000,000 | 100,000,000 |
Common Stock, shares issued | 7,350,540 | 7,350,540 |
Common Stock, shares outstanding | 7,350,540 | 7,350,540 |
CONDENSED STATEMENTS OF OPERATI
CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Jan. 31, 2017 | Jan. 31, 2016 | Jan. 31, 2017 | Jan. 31, 2016 | |
Sales | ||||
Net Sales | $ 0 | $ 0 | $ 0 | $ 0 |
Costs and Expenses: | ||||
Selling, General and Administrative Expenses | 2,245 | 2,735 | 15,315 | 15,393 |
Total Costs and Expenses | 2,245 | 2,735 | 15,315 | 15,393 |
Loss from Operations | (2,245) | (2,735) | (15,315) | (15,393) |
Other Income: | ||||
Interest | 58 | 63 | 180 | 194 |
Net Loss | $ (2,187) | $ (2,672) | $ (15,135) | $ (15,199) |
Loss Per Common Share - Basic | $ 0 | $ 0 | $ 0 | $ 0 |
Weighted Average Shares Outstanding | 7,350,540 | 7,350,540 | 7,350,540 | 7,350,540 |
CONDENSED STATEMENTS OF CASH FL
CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) | 9 Months Ended | |
Jan. 31, 2017 | Jan. 31, 2016 | |
Cash Flows from Operating Activities: | ||
Net Loss | $ (15,135) | $ (15,199) |
Changes in Operating Assets and Liabilities: | ||
Decrease in Accounts Payable and Accrued Expenses | (2,950) | 0 |
Net Cash Used in Operating Activities | (18,085) | (15,199) |
Decrease in Cash and Cash Equivalents | (18,085) | (15,199) |
Cash and Cash Equivalents - Beginning of Period | 247,424 | 264,422 |
Cash and Cash Equivalents - End of Period | 229,339 | 249,223 |
Supplemental Cash Flow Information: | ||
Cash Paid for Interest | 0 | 0 |
Cash Paid for Income Taxes | $ 0 | $ 0 |
Nature of Business
Nature of Business | 9 Months Ended |
Jan. 31, 2017 | |
Nature of Business | |
Nature of Business | (A) The condensed balance sheet at April 30, 2016 was derived from audited financial statements but does not include all disclosures required by accounting principles generally accepted in the United States of America. The interim condensed financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission from the accounts of Arbor Entech Corporation (the Company) without audit; however, in the opinion of management, the information presented reflects all adjustments of a normal recurring nature which are necessary to present fairly the Companys financial position and results of operations and cash flows for the periods presented. It is recommended that these condensed financial statements be read in conjunction with the financial statements and the notes thereto included in the Companys fiscal year 2016 Annual Report on Form 10-K filed In July 2016 and other financial reports filed by the Company from time to time. |
SIGNIFICANT ACCOUNTING POLICIES
SIGNIFICANT ACCOUNTING POLICIES | 9 Months Ended |
Jan. 31, 2017 | |
SIGNIFICANT ACCOUNTING POLICIES | |
SIGNIFICANT ACCOUNTING POLICIES | (B) SIGNIFICANT ACCOUNTING POLICIES Cash and Cash Equivalents The Company considers all highly liquid short-term investments with a maturity of three months or less at time of purchase to be cash equivalents. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the 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. Actual results could differ from those estimates. |
Accounting Policies (Policies)
Accounting Policies (Policies) | 9 Months Ended |
Jan. 31, 2017 | |
Accounting Policies | |
Cash and Cash Equivalents, Policy | Cash and Cash Equivalents The Company considers all highly liquid short-term investments with a maturity of three months or less at time of purchase to be cash equivalents. |
Use of Estimates | Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the 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. Actual results could differ from those estimates. |