Sur Ventures, Inc.

CIK:0001482179|SEC Filings

CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) (USD $)	12 Months Ended		58 Months Ended
CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) (USD $)	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012
REVENUES	$ 1,610,344	$ 116,732	$ 1,787,236
COST OF REVENUES	1,318,520	72,714	1,435,394
GROSS PROFIT	291,824	44,018	351,842
OPERATING EXPENSES
Officer compensation	24,000	18,000	54,000
General and administrative	242,761	70,243	381,459
TOTAL OPERATING EXPENSES	266,761	88,243	435,459
NET NCOME (LOSS) BEFORE OTHER EXPENSE	25,063	(44,225)	(83,617)
OTHER INCOME (EXPENSE)
Interest expense	(17,560)	(3,109)	(26,473)
TOTAL OTHER INCOME (EXPENSE)	(17,560)	(3,109)	(26,473)
INCOME (LOSS) FROM CONTINUING OPERATION	7,503	(47,334)	(110,090)
INCOME (LOSS) FROM DISCONTINUED OPERATIONS	0	(60,495)	(85,812)
INCOME (LOSS) BEFORE INCOME TAXES	7,503	(107,829)	(195,902)
INCOME TAX (BENEFIT) EXPENSE	0	0	0
NET INCOME (LOSS)	$ 7,503	$ (107,829)	$ (195,902)
Continuing Operations (in Dollars per share)	$ 0.00	$ (0.01)
Discontinued Operations (in Dollars per share)	$ 0.00	$ (0.02)
Total (in Dollars per share)	$ 0.00	$ (0.03)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING (in Shares)	3,894,833	3,796,386

CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)	12 Months Ended		58 Months Ended
CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ 7,503	$ (107,829)	$ (195,902)
Adjustments to reconcile net (loss)
Additional paid-in capital in exchange for facilities provided by related party	6,000	6,000	28,500
Forgiveness of accrued compensation due to officer	116,000		116,000
Common stock issued for services	0	0	1,000
Depreciation	739	739	2,463
Change in assets and liabilities
(Increase) Decrease in accounts receivable	(135,344)	53,832	(141,672)
Increase in accounts payable and accrued expenses	48,589	59,142	181,535
Net cash provided by (used in) operating activities	43,487	11,884	(8,076)
CASH FLOWS USED IN INVESTING ACTIVITIES:
Purchase of property and equipment	0	0	(3,694)
Net cash (used in) investing activities	0	0	(3,694)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from loans from shareholder	364,327	68,177	224,547
Payments on stockholder loans	(334,424)	(136,780)	(166,864)
Proceeds from issuance of common stock	0	15,400	45,475
Net cash provided by financing activities	29,903	(53,203)	103,158
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	73,390	(41,319)	91,388
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD	17,998	59,317	0
CASH AND CASH EQUIVALENTS - END OF PERIOD	$ 91,388	$ 17,998	$ 91,388

CONDENSED BALANCE SHEETS (USD $)	Sep. 30, 2012	Sep. 30, 2011
CURRENT ASSETS
Cash	$ 91,388	$ 17,998
Accounts receivable	141,672	6,328
Total current assets	233,060	24,326
Property and equipment, net of $2,463 and $1,724 accumulated depreciation, respectively	1,231	1,970
TOTAL ASSETS	234,291	26,296
CURRENT LIABILITIES
Accounts payable and accrued liabilities	181,535	132,946
Loans from stockholder	57,683	27,780
Total current liabilities	239,218	160,726
STOCKHOLDERS' EQUITY (DEFICIT)
Common stock; $.001 par value; 50,000,000 shares authorized; 3,894,833 shares issued and outstanding as of September 30, 2012 and 2011, respectively	3,895	3,895
Preferred stock; $.001 par value; 5,000,000 shares authorized; 0 shares issued and outstanding as of September 30, 2012 and 2011, respectively	0	0
Additional paid-in capital	187,080	65,080
Deficit accumulated during the development stage	(195,902)	(203,405)
Total stockholders' equity (deficit)	(4,927)	(134,430)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 234,291	$ 26,296