Enerkon Solar International (CHOD) 10-K 2 Jan 14 2013 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Sep. 30, 2013	Dec. 20, 2013
Document And Entity Information	'	'
Entity Registrant Name	'CASTLE HOLDING CORP	'
Entity Central Index Key	'0000802510	'
Document Type	'10-K	'
Document Period End Date	30-Sep-13	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--09-30	'
Is Entity a Well-known Seasoned Issuer?	'No	'
Is Entity a Voluntary Filer?	'Yes	'
Is Entity's Reporting Status Current?	'Yes	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Public Float	'	$1,314,054
Entity Common Stock, Shares Outstanding	'	37,073,010
Document Fiscal Period Focus	'FY	'
Document Fiscal Year Focus	'2013	'

Consolidated_Statements_of_Fin

Consolidated Statements of Financial Condition (Unaudited) (USD $)	Sep. 30, 2013	Sep. 30, 2012
Assets	'	'
Cash and cash equivalents	$993	$1,093
Marketable securities, at market value	226	128
Restricted cash and securities, at market value (note 3)	380,938	465,284
Other assets	2	2
Total assets	382,159	466,507
Liabilities:	'	'
Accounts payable and accrued expenses	116	116
Loan payable to affiliate	500	500
Total liabilities	616	616
Stockholders' equity (note 5):	'	'
Preferred stock, $.01 par value; authorized 9,000,000 shares, none issued and outstanding	'	'
Class A Convertible Preferred stock, $.01 par value; authorized 1,000,000 shares, issued and outstanding 699,250 and 699,250 shares, respectively; liquidation preference of $699,250 and $699,250, respectively (note 5)	6,993	6,993
Common stock, $.0025 par value; authorized 100,000,000 shares, issued 37,629,510 and 37,629,510 shares, respectively (net of 261,000 shares ""stopped"" and requested to be cancelled)	94,074	94,074
Common stock held in the FBO Account as treasury stock - 551,000 and 49,400 shares, respectively - at cost (note 3)	-24,809	-2,509
Additional paid-in capital	1,516,142	1,516,142
Accumulated deficit	-1,210,857	-1,148,809
Total stockholders' equity	381,543	465,891
Total liabilities and stockholders' equity	$382,159	$466,507

Consolidated_Statements_of_Fin1

Consolidated Statements of Financial Condition (Parenthetical) (USD $)	Sep. 30, 2013	Sep. 30, 2012
Stockholders' equity (note 5):	'	'
Preferred stock, par value	$0.01	$0.01
Preferred stock, authorized	9,000,000	9,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Series A Convertible preferred stock, par value	$0.01	$0.01
Series A Convertible preferred stock, authorized	1,000,000	1,000,000
Series A Convertible preferred stock, shares issued	699,250	699,250
Series A Convertible preferred stock, shares outstanding	699,250	699,250
Series A Convertible preferred stock, liquidation preference	$699,250	$699,250
Common stock, par value	$0.00	$0.00
Common stock, authorized	100,000,000	100,000,000
Common stock, shares issued	37,629,510	37,629,510
Common stock, shares cancelled	261,000	261,000
Treasury stock, shares	551,000	49,400

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (Unaudited) (USD $)	12 Months Ended		96 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013
Revenues:	'	'	'
Net gain (loss) on marketable securities	($79,473)	$60,845	($12,638)
Interest and dividends	19,525	20,543	125,918
Total revenues	-59,948	81,388	113,280
Expenses:	'	'	'
General and administrative	2,100	935	11,498
Total expenses	2,100	935	11,498
Income (loss) from continuing operations	-62,048	80,453	101,782
Discontinued operations	'	'	103,789
Net income (loss)	($62,048)	$80,453	$205,571
Net income (loss) per common share:	'	'	'
Basic	$0	$0	'
Diluted	$0	$0	'
Weighted average number of common shares outstanding:	'	'	'
Basic	37,517,869	37,629,510	'
Diluted	38,217,119	38,328,760	'

Consolidated_Statements_of_Cha

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (USD $)	Class A Convertible Preferred Stock	Common Stock, $.0025 Par Value	Treasury Common Stock, $.0025 Par Value	Additional Paid-in Capital	Accumulated Deficit	Total
Beginning Balance, Amount at Sep. 30, 2005	$7,068	$93,449	'	$1,515,192	($1,416,428)	$199,281
Beginning Balance, Shares at Sep. 30, 2005	706,750	37,379,510	'	'	'	'
Sale of common shares, Shares	'	200,000	'	'	'	'
Sale of common shares, Amount	'	500	'	1,500	'	2,000
Purchase of preferred shares, Shares	-2,500	'	'	'	'	'
Purchase of preferred shares, Amount	-25	'	'	-375	'	-400
Net income	'	'	'	'	107,392	107,392
Ending Balance, Amount at Sep. 30, 2006	7,043	93,949	'	1,516,317	-1,309,036	308,273
Ending Balance, Shares at Sep. 30, 2006	704,250	37,579,510	'	'	'	'
Sale of common shares, Shares	'	50,000	'	'	'	'
Sale of common shares, Amount	'	125	'	425	'	550
Purchase of preferred shares, Shares	-2,500	'	'	'	'	'
Purchase of preferred shares, Amount	-25	'	'	-375	'	-400
Net income	'	'	'	'	21,735	21,735
Ending Balance, Amount at Sep. 30, 2007	7,018	94,074	'	1,516,367	-1,287,301	330,158
Ending Balance, Shares at Sep. 30, 2007	701,750	37,629,510	'	'	'	'
Net income	'	'	'	'	30,275	30,275
Ending Balance, Amount at Sep. 30, 2008	7,018	94,074	'	1,516,367	-1,257,026	360,433
Ending Balance, Shares at Sep. 30, 2008	701,750	37,629,510	'	'	'	'
Purchase of preferred shares, Shares	-2,500	'	'	'	'	'
Purchase of preferred shares, Amount	-25	'	'	-225	'	-250
Net income	'	'	'	'	17,579	17,579
Ending Balance, Amount at Sep. 30, 2009	6,993	94,074	'	1,516,142	-1,239,447	377,762
Ending Balance, Shares at Sep. 30, 2009	699,250	37,629,510	'	'	'	'
Net income	'	'	'	'	3,630	3,630
Ending Balance, Amount at Sep. 30, 2010	6,993	94,074	'	1,516,142	-1,235,817	381,392
Ending Balance, Shares at Sep. 30, 2010	699,250	37,629,510	'	'	'	'
Net income	'	'	'	'	6,555	6,555
Ending Balance, Amount at Sep. 30, 2011	6,993	94,074	'	1,516,142	-1,229,262	387,947
Ending Balance, Shares at Sep. 30, 2011	699,250	37,629,510	'	'	'	'
Purchase of treasury stock, Shares	'	'	49,400	'	'	'
Purchase of treasury stock, Amount	'	'	-2,509	'	'	-2,509
Net income	'	'	'	'	80,453	80,453
Ending Balance, Amount at Sep. 30, 2012	6,993	94,074	-2,509	1,516,142	-1,148,809	465,891
Ending Balance, Shares at Sep. 30, 2012	699,250	37,629,510	49,400	'	'	'
Purchase of treasury stock, Shares	'	'	501,600	'	'	'
Purchase of treasury stock, Amount	'	'	-22,300	'	'	-22,300
Net income	'	'	'	'	-62,048	-62,048
Ending Balance, Amount at Sep. 30, 2013	$6,993	$94,074	($24,809)	$1,516,142	($1,210,857)	$381,543
Ending Balance, Shares at Sep. 30, 2013	699,250	37,629,510	551,000	'	'	'

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (Unaudited) (USD $)	12 Months Ended		96 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013
Cash flows from operating activities:	'	'	'
Net income (loss)	($62,048)	$80,453	$205,571
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:	'	'	'
Depreciation	'	'	263
Changes in operating assets and liabilities:	'	'	'
Marketable securities	-98	78	-26
Restricted cash and securities	84,346	-78,951	-82,993
Other assets	'	'	693
Accounts payable and accrued expenses	'	'	-74,558
Net cash provided by (used in) operating activities	22,200	1,580	48,950
Cash flows from investing activities	'	'	'
Cash flows from financing activities:	'	'	'
Acquisition of treasury stock	-22,300	-2,509	-24,809
Proceeds from sale of common shares	'	'	2,550
Proceeds of loan from affiliate	'	'	500
Repayment of loans payable to related parties	'	'	-26,015
Repurchase of preferred shares	'	'	-1,050
Net cash used in financing activities	-22,300	-2,509	-48,824
Net decrease in cash and cash equivalents	-100	-929	126
Cash and cash equivalents, beginning of year	1,093	2,022	867
Cash and cash equivalents, end of year	993	1,093	993
Supplemental disclosures of cash flow information:	'	'	'
Interest paid	'	'	'
Income taxes paid	'	'	'

ORGANIZATION

ORGANIZATION	12 Months Ended
	Sep. 30, 2013
Notes to Financial Statements	'
Note 1 - ORGANIZATION	'
	Castle Holding Corp. (“CHC”) is a holding company which was incorporated in Nevada on June 13, 1986. The subsidiaries of CHC are as follows:
	1	Beverage King, Ltd. (incorporated in Delaware January 2, 1990) - leased automobiles for Company employees; no operations since October 31, 2005.
	2	Church Street Securities Corp. (incorporated in New York April 11, 1991) - operated a securities broker-dealer from October 26, 1995 to January 6, 2005; decided to cease operations on January 6, 2005.
	3	Castle Advisors, Inc. (incorporated in New York December 23, 1993) - acts as a financial consultant; no revenues in years ended September 30, 2013 and 2012.
	4	Wall Street Indians, Ltd. (incorporated in New York May 27, 1994) - provided office services and supplies to the Company to October 31, 2005; no operations since.
	5	The Unlisted Stock Market Corporation (incorporated in New York December 9, 1999) - no operations from inception.

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Sep. 30, 2013
Notes to Financial Statements	'
Note 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	Principles of consolidation – The consolidated financial statements include the accounts of CHC and its subsidiaries (collectively, the “Company”). Castle Securities Corp., a former subsidiary that operated a securities broker-dealer from November 1, 1985 to October 31, 2003, dissolved in September 2009. All significant intercompany balances and transactions have been eliminated in consolidation.
	Basis of Presentation – The accompanying consolidated financial statements are presented in accordance with the guidance provided by Accounting Standards Codification ("ASC") topic no. 915, "Development Stage Entities". We have used fiscal year ended September 30, 2006 as the inception of our development stage. Since cessation of the operations of Church Street Securities Corp. in January 2005, the Company has had no business operations or operating revenues.
	Use of estimates – The preparation of the financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.
	Cash and cash equivalents - The Company considers highly liquid investments with maturities of three months or less at the time of purchase to be cash equivalents.
	Marketable securities and restricted cash and securities - Marketable securities and restricted cash and securities consist primarily of trading securities valued at market. All fair value measurements are based on Level 1 inputs (i.e., closing trading prices of respective marketable securities). Unrealized gains and losses are reflected in income ($(26,301) and $20,880 for the years ended September 30, 2013 and 2012, respectively).
	Income taxes – Income taxes are accounted for under the assets and liability method. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled.
	Net income (loss) per common share – Basic net income (loss) per common share is calculated based upon the weighted average number of common shares outstanding. Diluted net income (loss) per common share is calculated based upon the weighted average number of common shares outstanding and dilutive convertible preferred shares outstanding.
	Reclassifications – Certain prior year balances have been reclassified to conform to current year presentation.

RESTRICTED_CASH_AND_SECURITIES

RESTRICTED CASH AND SECURITIES, AT MARKET VALUE	12 Months Ended
	Sep. 30, 2013
Notes to Financial Statements	'
Note 3 - RESTRICTED CASH AND SECURITIES, AT MARKET VALUE	'
	At September 30, 2013 and 2012, restricted cash and securities consist of:
		September 30,
		2013			2012
	Uninvested cash	$	23,398		$	5,984
	Marketable securities:
	0 and 9,000 shares, respectively, Adams Express Co. (ADX)		-			102,060
	551,000 and 49,400 shares, respectively, Castle Holding Corp. (CHOD) (reflected as treasury stock in the consolidated balance sheet)		275,500			2,025
	0 and 2,600 shares, respectively, Golden Enterprises (GLDC)		-			8,840
	60,000 and 0 shares, respectively, Liberty Pete Corp. (LBPE)		420			-
	24,000 and 10,000 shares, respectively, Medallion Financial Group (TAXI)		357,120			118,100
	0 and 10,000 shares, respectively, Newcastle Investment Corp. (NCT)		-			75,300
	0 and 200,000 shares, respectively, USEC Inc. (USU)		-			155,000
	Subtotal		656,438			467,309
	Less Castle Holding Corp. (CHOD) shares treated as treasury stock		(275,500	)		(2,025	)
	Net	$	380,938		$	465,284
	Except for 375,000 shares Castle Holding Corp. held in safekeeping at September 30, 2013, the restricted cash and securities are held at an account with TD Ameritrade Inc. (the “FBO Account”) which was established in 2001 to secure payment of the investment in the Class A Convertible Preferred Shares in the event of liquidation of CHC (see Note 5).
	In 2001, as a provision of the private offering (see Note 5), CHOD purchased a total of $380,000 face value of United States Treasury Strips (the “Strips”) maturing August 15, 2011 for a total of approximately $233,000. On August 15, 2011, the Strips matured and the FBO Account was credited $380,000. Since August 15, 2011, the FBO Account has acquired and sold a variety of marketable equity securities.
	Had CHC required conversion of the 699,250 shares of the Class A Convertible Preferred Shares into 699,250 shares of CHOD Common Stock and paid the Class A Convertible Preferred Stockholders $0.50 per Preferred Share (or $349,625 total) at September 30, 2013 (see Note 5), the remaining restricted cash and securities available to CHC at September 30, 2013 would have been $31,313.

OTHER_ASSETS

OTHER ASSETS	12 Months Ended
	Sep. 30, 2013
Notes to Financial Statements	'
Note 4 - OTHER ASSETS	'
	Other assets consist of:
		September 30,
		2013		2012
	9% equity ownership of Castle Trucking Corp.	$	1	$	1
	9% equity ownership of U Trade Inc.		1		1
	Total	$	2	$	2

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY	12 Months Ended
	Sep. 30, 2013
Notes to Financial Statements	'
Note 5 - STOCKHOLDERS' EQUITY	'
	Class A Convertible Preferred Stock
	From March 2001 to September 2001, CHC sold 706,750 shares of Class A Convertible Preferred Stock for gross proceeds of $706,750.
	Each share of Class A Convertible Preferred Stock is convertible at any time into one share of the Company’s Common Stock at the election of the Class A Convertible Preferred Stockholder. At any time, CHC may require conversion of the Class A Convertible Preferred Shares provided that CHC Common Stock closes at a price of $1.50 per share or higher for more than 20 consecutive business days. At any time after one year from the issue date of the Class A Convertible Preferred Shares, CHC may require conversion of the Class A Convertible Preferred Shares provided that CHC pay the Class A Convertible Preferred Stockholder $0.50 per Class A Convertible Preferred Share.
	The Class A Convertible Preferred Shares are non-voting and will have a first priority, up to $1.00 per Class A Convertible Preferred Share, in the event of liquidation of CHC.
	As a provision of the private offering, CHC used 33% of the gross proceeds of the offering to purchase $380,000 face value of U.S. Treasury Strips (the “Strips”) maturing August 15, 2011 (see Note 3).
	The proceeds from the Strips are available to holders of the Class A Convertible Preferred Shares and are in addition to the other assets of CHC. The Strips, and upon maturity, subsequent investments purchased from such proceeds, are to be held by CHC to secure payment of the investment in the Class A Convertible Preferred Shares in the event of liquidation of CHC. The protection afforded by the Strips are to terminate upon the conversion of the Class A Convertible Preferred Shares and the Strips, or their proceeds, are to thereafter be available to CHC.
	In the years ended September 30, 2006 and 2007, CHC repurchased a total of 5,000 shares of Class A Convertible Preferred Stock. In the year ended September 30, 2009, CHC repurchased 2,500 shares of Class A Convertible Preferred Stock. Accordingly, the proportionate share (approximately 1.06%) of the FBO Account (or approximately $4,038 market value at September 30, 2013) may be available to CHC.
	Common Stock
	In October 2005, CHC sold 200,000 shares of common stock to a CHC affiliate for $2,000 ($0.01 per share).
	In January 2007, CHC sold 50,000 shares of common stock to a former employee for $550 ($0.011 per share).

INCOME_TAXES

INCOME TAXES	12 Months Ended
	Sep. 30, 2013
Notes to Financial Statements	'
Note 6 - INCOME TAXES	'
	CHC files a consolidated income tax return with its subsidiaries for federal reporting purposes. CHC and its subsidiaries file separate income tax returns for state reporting purposes.
	The provisions for (benefit from) income taxes consisted of:
		Year Ended September 30,
		2013			2012
	Current:
	Federal	$	-		$	-
	State		-			-
	Total		-			-
	Deferred:
	Federal		(19,725	)		25,576
	State		(4,033	)		5,229
	Change in valuation allowance		23,758			(30,805	)
	Total		-			-
	Provision for income taxes	$	-		$	-
	The Company’s effective tax rate differed from the United States Federal income tax rate for the following reasons:
		Year Ended September 30,
		2013			2012
	Computed Federal income tax at 34%	$	(21,096	)	$	27,354
	Computed state income tax, net of Federal tax effect		(2,662	)		3,451
	Change in valuation allowance		23,758			(30,805	)
	Provision for income taxes	$	-		$	-
	Based on management's present assessment, the Company has not yet determined it to be more likely than not that a deferred tax asset of $406,812 attributable to the future utilization of $1,143,334 of prior year net operating loss carryforwards and $53,172 of capital loss carryforwards will be realized. Accordingly, the Company has maintained a 100% allowance against the deferred tax asset in the financial statements at September 30, 2013. The Company will continue to review this valuation allowance and make adjustments as appropriate. The net operating loss carryforwards expire as follows: $22,164 in year 2019, $185,653 in year 2021, $694,345 in year 2022, $135,943 in year 2023, $66,021 in year 2024, and $39,208 in year 2025. The capital loss carryforward of $53,172 expires in year 2018.
	Current United States income tax laws limit the amount of loss available to be offset against future taxable income when a substantial change in ownership occurs. Therefore, the amount available to offset future taxable income may be limited.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Sep. 30, 2013
Notes to Financial Statements	'
7. COMMITMENTS AND CONTINGENCIES	'
	Since December 2005, the Company has been using space provided by a public accounting firm owned by the Company’s treasurer at no cost to the Company.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Sep. 30, 2013
Summary Of Significant Accounting Policies Policies	'
Principles of consolidation	'
	Principles of consolidation – The consolidated financial statements include the accounts of CHC and its subsidiaries (collectively, the “Company”). Castle Securities Corp., a former subsidiary that operated a securities broker-dealer from November 1, 1985 to October 31, 2003, dissolved in September 2009. All significant intercompany balances and transactions have been eliminated in consolidation.
Basis of Presentation	'
	Basis of Presentation – The accompanying consolidated financial statements are presented in accordance with the guidance provided by Accounting Standards Codification ("ASC") topic no. 915, "Development Stage Entities". We have used fiscal year ended September 30, 2006 as the inception of our development stage. Since cessation of the operations of Church Street Securities Corp. in January 2005, the Company has had no business operations or operating revenues.
Use of estimates	'
	Use of estimates – The preparation of the financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.
Cash and cash equivalents	'
	Cash and cash equivalents - The Company considers highly liquid investments with maturities of three months or less at the time of purchase to be cash equivalents.
Marketable securities and restricted cash and securities	'
	Marketable securities and restricted cash and securities - Marketable securities and restricted cash and securities consist primarily of trading securities valued at market. All fair value measurements are based on Level 1 inputs (i.e., closing trading prices of respective marketable securities). Unrealized gains and losses are reflected in income ($(26,301) and $20,880 for the years ended September 30, 2013 and 2012, respectively).
Income taxes	'
	Income taxes – Income taxes are accounted for under the assets and liability method. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled.
Net income (loss) per common share	'
	Net income (loss) per common share – Basic net income (loss) per common share is calculated based upon the weighted average number of common shares outstanding. Diluted net income (loss) per common share is calculated based upon the weighted average number of common shares outstanding and dilutive convertible preferred shares outstanding.
Reclassifications	'
	Reclassifications – Certain prior year balances have been reclassified to conform to current year presentation.

RESTRICTED_CASH_AND_SECURITIES1

RESTRICTED CASH AND SECURITIES, AT MARKET VALUE (Tables)	12 Months Ended
	Sep. 30, 2013
Restricted Cash And Securities At Market Value Tables	'
Restricted cash and securities	'
	At September 30, 2013 and 2012, restricted cash and securities consist of:
		September 30,
		2013			2012
	Uninvested cash	$	23,398		$	5,984
	Marketable securities:
	0 and 9,000 shares, respectively, Adams Express Co. (ADX)		-			102,060
	551,000 and 49,400 shares, respectively, Castle Holding Corp. (CHOD) (reflected as treasury		275,500			2,025
	stock in the consolidated balance sheet)
	0 and 2,600 shares, respectively, Golden Enterprises (GLDC)		-			8,840
	60,000 and 0 shares, respectively, Liberty Pete Corp. (LBPE)		420			-
	24,000 and 10,000 shares, respectively, Medallion Financial Group (TAXI)		357,120			118,100
	0 and 10,000 shares, respectively, Newcastle Investment Corp. (NCT)		-			75,300
	0 and 200,000 shares, respectively, USEC Inc. (USU)		-			155,000
	Subtotal		656,438			467,309
	Less Castle Holding Corp. (CHOD) shares treated as treasury stock		(275,500	)		(2,025	)
	Net	$	380,938		$	465,284

OTHER_ASSETS_Tables

OTHER ASSETS (Tables)	12 Months Ended
	Sep. 30, 2013
Other Assets Tables	'
Other assets	'
	Other assets consist of:
		September 30,
		2013		2012
	9% equity ownership of Castle Trucking Corp.	$	1	$	1
	9% equity ownership of U Trade Inc.		1		1
	Total	$	2	$	2

INCOME_TAXES_Tables

INCOME TAXES (Tables)	12 Months Ended
	Sep. 30, 2013
Income Taxes Tables	'
Provisions for (benefit from) income taxes	'
	The provisions for (benefit from) income taxes consisted of:
		Year Ended September 30,
		2013			2012
	Current:
	Federal	$	-		$	-
	State		-			-
	Total		-			-
	Deferred:
	Federal		(19,725	)		25,576
	State		(4,033	)		5,229
	Change in valuation allowance		23,758			(30,805	)
	Total		-			-
	Provision for income taxes	$	-		$	-
Effective tax rate difference	'
	The Company’s effective tax rate differed from the United States Federal income tax rate for the following reasons:
		Year Ended September 30,
		2013			2012
	Computed Federal income tax at 34%	$	(21,096	)	$	27,354
	Computed state income tax, net of Federal tax effect		(2,662	)		3,451
	Change in valuation allowance		23,758			(30,805	)
	Provision for income taxes	$	-		$	-

ORGANIZATION_Details_Narrative

ORGANIZATION (Details Narrative)	12 Months Ended
	Sep. 30, 2013
Beverage King, Ltd. [Member]	'
Date of Incorporation	2-Jan-90
Church Street Securities Corp. [Member]	'
Date of Incorporation	11-Apr-91
Castle Advisors, Inc. [Member]	'
Date of Incorporation	23-Dec-93
Wall Street Indians, Ltd. [Member]	'
Date of Incorporation	27-May-94
The Unlisted Stock Market Corporation [Member]	'
Date of Incorporation	9-Dec-99

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) (USD $)	12 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Summary Of Significant Accounting Policies Details Narrative	'	'
Unrealized gains and losses on marketable securities	($26,301)	$20,880

RESTRICTED_CASH_AND_SECURITIES2

RESTRICTED CASH AND SECURITIES, AT MARKET VALUE (Details) (USD $)	Sep. 30, 2013	Sep. 30, 2012
Uninvested cash	$23,398	$5,984
Marketable securities	656,438	467,309
Less Castle Holding Corp. (CHOD) shares treated as treasury stock	-275,500	-2,025
Net	380,938	465,284
Adams Express Co. (ADX) [Member]	'	'
Marketable securities	'	102,060
Castle Holding Corp. (CHOD) [Member]	'	'
Marketable securities	275,500	2,025
Golden Enterprises (GLDC) [Member]	'	'
Marketable securities	'	8,840
Liberty Pete Corp. (LBPE) [Member]	'	'
Marketable securities	420	'
Medallion Financial Group (TAXI) [Member]	'	'
Marketable securities	357,120	118,100
Newcastle Investment Corp. (NCT) [Member]	'	'
Marketable securities	'	75,300
USEC Inc. (USU) [Member]	'	'
Marketable securities	'	$155,000

RESTRICTED_CASH_AND_SECURITIES3

RESTRICTED CASH AND SECURITIES, AT MARKET VALUE (Details Narrative) (USD $)	Sep. 30, 2013	Sep. 30, 2012
Shares held in safekeeping	375,000	'
Restricted cash and securities available	$380,938	$465,284
Class A Convertible Preferred Stock	'	'
Convertible Preferred Shares	699,250	'
Convertible Preferred price per share	$0.50	'
Restricted cash and securities available	$31,313	'

OTHER_ASSETS_Details

OTHER ASSETS (Details) (USD $)	Sep. 30, 2013	Sep. 30, 2012
Other assets	$2	$2
9% equity ownership of Castle Trucking Corp. [Member]	'	'
Other assets	1	1
9% equity ownership of U Trade Inc. [Member]	'	'
Other assets	$1	$1

INCOME_TAXES_Details

INCOME TAXES (Details) (USD $)	12 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Current:	'	'
Federal	'	'
State	'	'
Total	'	'
Deferred:	'	'
Federal	-19,725	25,576
State	-4,033	5,229
Change in valuation allowance	23,758	-30,805
Total	'	'
Provision for income taxes	'	'

INCOME_TAXES_Details_1

INCOME TAXES (Details 1) (USD $)	12 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Income Taxes Details 1	'	'
Computed Federal income tax at 34%	($21,096)	$27,354
Computed state income tax, net of Federal tax effect	-2,662	3,451
Change in valuation allowance	23,758	-30,805
Provision for income taxes	'	'

INCOME_TAXES_Details_Narrative

INCOME TAXES (Details Narrative) (USD $)	12 Months Ended
	Sep. 30, 2013
Allowance against the deferred tax asset	100.00%
Expiring Year 1 [Member]	'
Net operating loss carryforwards expiring year	'2019
Net operating loss carryforwards	22,164
Expiring Year 2 [Member]	'
Net operating loss carryforwards expiring year	'2021
Net operating loss carryforwards	185,653
Expiring Year 3 [Member]	'
Net operating loss carryforwards expiring year	'2022
Net operating loss carryforwards	694,345
Expiring Year 4 [Member]	'
Net operating loss carryforwards expiring year	'2023
Net operating loss carryforwards	135,943
Expiring Year 5 [Member]	'
Net operating loss carryforwards expiring year	'2024
Net operating loss carryforwards	66,021
Expiring Year 6 [Member]	'
Net operating loss carryforwards expiring year	'2025
Net operating loss carryforwards	39,208