Blackrock Oil Corp
CIK:0001485541|SEC Filings
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Organization and Business Operations (Details) (USD $)
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12 Months Ended | 58 Months Ended | |
|---|---|---|---|
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Jun. 30, 2014
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Jun. 30, 2013
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Jun. 30, 2014
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|
| Organization and Business Operations (Textuals) | |||
| Revenues | $ 164,975 | ||
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Statements of Cash Flows (USD $)
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12 Months Ended | |
|---|---|---|
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Jun. 30, 2014
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Jun. 30, 2013
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| Cash Flows From Operating Activities | ||
| Net (loss) for the period | $ (57,579) | $ (69,076) |
| Adjustments to reconcile net (loss) to net cash | ||
| Changes in operating assets and liabilities | ||
| decrease in accounts receivable | (4,580) | (950) |
| decrease in accounts payable and accrued liabilities | (6,719) | 5,454 |
| decrease in tax receivable | 960 | 869 |
| Net cash used in operating activities | (67,918) | (63,703) |
| Cash Flows From Investing Activities | ||
| Issuance of Note Receivable | (147,330) | |
| Net cash used in investing activities | (147,330) | |
| Cash Flows From Financing Activities | ||
| Increase in payable to related party | 57,086 | 30,114 |
| Net cash provided by financing activities | 57,086 | 30,114 |
| Net increase (decrease) in cash and cash equivalents | (10,832) | (180,919) |
| Cash and cash equivalents, beginning of the period | 17,168 | 198,087 |
| Cash and cash equivalents, end of the period | 6,336 | 17,168 |
| Foreign currency translation | $ 6,759 | |
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Balance Sheets(USD ($))
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Jun. 30, 2014
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Jun. 30, 2013
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|---|---|---|
| Current assets | ||
| Cash and cash equivalents | $ 6,336 | $ 17,168 |
| Accounts receivable | 5,530 | 950 |
| Tax receivable | 35 | 995 |
| Note receivable | 140,571 | 147,330 |
| Total current assets | 152,472 | 166,443 |
| Total assets | 152,472 | 166,443 |
| Current liabilities | ||
| Accounts payable and accrued liabilities | 4,116 | 10,670 |
| Loans payable - related party | 148,689 | 91,768 |
| Total current liabilities | 152,805 | 102,438 |
| Stockholders' equity | ||
| Common stock, unlimited number of shares authorized without par value, 11,541,666 issued and outstanding | 414,049 | 414,049 |
| Accumulated other comprehensive income | 6,759 | |
| Accumulated deficit during the development period | (407,623) | (350,044) |
| Total stockholders' equity | 13,185 | 64,005 |
| Total liabilities and stockholders' equity | $ 165,990 | $ 166,443 |