Paracap CORP
CIK:0001337408|SEC Filings
Statements of Operations - USD ($) |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jan. 31, 2017 |
Jan. 31, 2016 |
Jan. 31, 2017 |
Jan. 31, 2016 |
|
| General and Administration Expenses | ||||
| Professional Fee | $ 297 | $ 683 | $ 990 | $ 933 |
| Amortization Expense | ||||
| Bank charges and interest | ||||
| Consultation Fees | ||||
| Management Fees | ||||
| Office and Rent | ||||
| Regulatory and Transfer Agent Fees | ||||
| Operating Loss | 297 | 683 | 990 | 933 |
| Net (loss) for the period | $ (297) | $ (683) | $ (990) | $ (933) |
| Net (loss) per share | ||||
| Basic and diluted | $ 0 | $ 0 | $ 0 | $ 0 |
| Weighted Average Number of Common | ||||
| Shares Outstanding - Basic and Diluted | 10,134,918 | 10,134,918 | 10,134,918 | 10,134,918 |
Statements of Cash Flows - USD ($) |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jan. 31, 2017 |
Jan. 31, 2016 |
Jan. 31, 2017 |
Jan. 31, 2016 |
|
| Cash flow from Operating Activities | ||||
| Net loss | $ 297 | $ 683 | $ 990 | $ 933 |
| Change in: | ||||
| Amortization Expenses | ||||
| Notes Payable | 297 | 518 | 990 | 768 |
| Financing Activities | ||||
| Issuance of common shares | ||||
| Shareholder loan | ||||
| Net cash provided by financing activities | 0 | 165 | 0 | 165 |
| Net change in cash | 0 | 0 | 0 | 0 |
| Cash, Beginning of Period | 0 | 0 | 0 | 0 |
| Cash, End of Period | $ 0 | $ 0 | $ 0 | $ 0 |
Balance Sheets - USD ($) |
Jan. 31, 2017 |
Jul. 31, 2016 |
|---|---|---|
| Current Assets | ||
| Cash and Cash Equivalents | ||
| TOTAL CURRENT ASSETS | ||
| License-Note 3 | 6,000 | 6,000 |
| Accumulated Amortization | (6,000) | (6,000) |
| TOTAL ASSETS | 0 | 0 |
| Current Liabilities | ||
| Accounts Payable and Accrued Liabilities | 51,562 | 50,572 |
| Shareholder Loan | 5,665 | 5,665 |
| TOTAL CURRENT LIABILITIES | 57,227 | 56,237 |
| Stockholders' Deficit | ||
| Issued and Fully paid: at $0.001 par value,13,470,000 | 13,470 | 13,470 |
| Additional paid in capital | 17,730 | 17,730 |
| (Deficit) accumulated during the development stage | (88,427) | (57,227) |
| TOTAL STOCKHOLDERS' DEFICIT | (57,227) | (56,237) |
| TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT | $ 0 | $ 0 |