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Avante Systems, Inc.
SIC 3651 · Household Audio & Video Equipment
Notes
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Created by potrace 1.16, written by Peter Selinger 2001-2019
beatandraise.com
Created by potrace 1.16, written by Peter Selinger 2001-2019
beatandraise.com
beta
Latest Financials
Filings:
Category
Date
Search Filings
Institutional Holders
beta
Earnings Transcripts
beta
Global Search
SEC Edgar
Avante Systems, Inc.
SIC 3651 · Household Audio & Video Equipment
Notes
Support
about
terms
Created by potrace 1.16, written by Peter Selinger 2001-2019
beatandraise.com
beta
Latest Financials
Filings:
Category
Date
Search Filings
Institutional Holders
beta
Earnings Transcripts
beta
Global Search
SEC Edgar
Avante Systems, Inc.
SIC 3651 · Household Audio & Video Equipment
Notes
Support
about
terms
Avante Systems, Inc.
CIK:
0001504388
|
SEC Filings
Income Statement
Cash Flow
Balance Sheet
v2.4.1.9
Statements of Operations (USD $)
12 Months Ended
Oct. 31, 2014
Oct. 31, 2013
Income Statement [Abstract]
REVENUES
OPERATING EXPENSES
Organization costs
Bank charges
134
us-gaap_FeesAndCommissionsDepositorAccounts
105
us-gaap_FeesAndCommissionsDepositorAccounts
Professional fees
24,573
us-gaap_ProfessionalFees
32,540
us-gaap_ProfessionalFees
TOTAL OPERATING EXPENSES
24,707
us-gaap_OperatingExpenses
32,645
us-gaap_OperatingExpenses
LOSS FROM OPERATIONS
(24,707)
us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
(32,645)
us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
OTHER INCOME (EXPENSES)
Interest income
13
us-gaap_InterestIncomeOther
LOSS BEFORE PROVISION FOR INCOME TAXES
(24,707)
us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
(32,632)
us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
PROVISION FOR INCOME TAXES
NET LOSS
$ (24,707)
us-gaap_NetIncomeLoss
$ (32,632)
us-gaap_NetIncomeLoss
NET LOSS PER SHARE: BASIC AND DILUTED
$ (0.01)
us-gaap_EarningsPerShareBasicAndDiluted
$ (0.01)
us-gaap_EarningsPerShareBasicAndDiluted
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED
2,350,000
us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted
2,565,000
us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted
v2.4.1.9
Statements of Cash Flows (USD $)
12 Months Ended
Oct. 31, 2014
Oct. 31, 2013
Oct. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss for the period
$ (24,707)
us-gaap_NetIncomeLoss
$ (32,632)
us-gaap_NetIncomeLoss
Changes in assets and liabilities:
(Increase) decrease in prepaid expenses
9,475
us-gaap_IncreaseDecreaseInPrepaidExpense
(17,047)
us-gaap_IncreaseDecreaseInPrepaidExpense
Increase (decrease) in accrued expenses
580
us-gaap_IncreaseDecreaseInAccruedLiabilities
1,620
us-gaap_IncreaseDecreaseInAccruedLiabilities
Net Cash Used by Operating Activities
(14,652)
us-gaap_NetCashProvidedByUsedInOperatingActivities
(48,059)
us-gaap_NetCashProvidedByUsedInOperatingActivities
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from sales of common stock
50,000
us-gaap_ProceedsFromIssuanceOrSaleOfEquity
Proceeds from officer loan
42,147
us-gaap_ProceedsFromRelatedPartyDebt
15,400
us-gaap_ProceedsFromRelatedPartyDebt
Net Cash Provided by Financing Activities
92,147
us-gaap_NetCashProvidedByUsedInFinancingActivities
Net Increase (Decrease) in Cash and Cash Equivalents
(14,652)
us-gaap_CashPeriodIncreaseDecrease
44,088
us-gaap_CashPeriodIncreaseDecrease
Cash and cash equivalents, beginning of period
44,088
us-gaap_Cash
Cash and cash equivalents, end of period
29,436
us-gaap_Cash
44,088
us-gaap_Cash
SUPPLEMENTAL CASH FLOW INFORMATION
Interest paid
Income taxes paid
SUPPLEMENTAL NON-CASH INVESTING AND FINANCING INFORMATION
Forgiveness of amount due to officer recorded as contributed capital
$ 59,047
us-gaap_DebtInstrumentDecreaseForgiveness
v2.4.1.9
Balance Sheets (USD $)
Oct. 31, 2014
Oct. 31, 2013
Current Assets
Cash and equivalents
$ 29,436
us-gaap_CashAndCashEquivalentsAtCarryingValue
$ 44,088
us-gaap_CashAndCashEquivalentsAtCarryingValue
Prepaid expenses
8,247
us-gaap_PrepaidExpenseCurrent
17,722
us-gaap_PrepaidExpenseCurrent
TOTAL ASSETS
37,683
us-gaap_Assets
61,810
us-gaap_Assets
Current Liabilities
Accrued expenses
6,650
us-gaap_AccruedLiabilitiesCurrent
6,070
us-gaap_AccruedLiabilitiesCurrent
Due to officer
Total Liabilities
6,650
us-gaap_Liabilities
6,070
us-gaap_Liabilities
Stockholders Equity
Common Stock, $.001 par value, 90,000,000 shares authorized, 2,350,000 and 2,350,000 shares issued and outstanding, respectively
2,350
us-gaap_CommonStockValue
2,350
us-gaap_CommonStockValue
Preferred Stock, $.001 par value, 10,000,000 shares authorized, -0- shares issued and outstanding
Additional paid-in capital
159,197
us-gaap_AdditionalPaidInCapital
159,197
us-gaap_AdditionalPaidInCapital
Accumulated deficit
(130,514)
us-gaap_DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage
(105,807)
us-gaap_DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage
Total stockholders equity (deficit)
31,033
us-gaap_StockholdersEquity
55,740
us-gaap_StockholdersEquity
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY
$ 37,683
us-gaap_LiabilitiesAndStockholdersEquity
$ 61,810
us-gaap_LiabilitiesAndStockholdersEquity