$ARRT
Cassidy Ventures Inc.
CIK:0001530425|SEC Filings
Statement of Operations - USD ($) |
12 Months Ended | |
|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Operating expenses: | ||
| Professional fees | $ 26,296 | $ 44,844 |
| General and administrative expenses | 10,701 | 5,022 |
| Amortization expense | 0 | 125 |
| Total operating expenses | 36,997 | 49,991 |
| Net operating income (loss) | (36,997) | (49,991) |
| Other income (expense): | ||
| Other income (expense): | 135 | (741) |
| Total Other income (expense) | 135 | (741) |
| Loss before provision for taxes | (36,862) | (50,732) |
| Provision for income taxes | 0 | 0 |
| Net income (loss) | $ (36,862) | $ (50,732) |
| Basic and diluted income (loss) per share | $ (0.01) | $ (0.01) |
| Weighted average number of common shares outstanding - basic and diluted | 4,400,048 | 4,400,048 |
Statement of Cash Flows - USD ($) |
12 Months Ended | |
|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Cash flows from operating activities: | ||
| Net income (loss) | $ (36,862) | $ (50,732) |
| Adjustments to reconcile net income (loss) to net cash used in operating activities: | ||
| Amortization expense | 0 | 125 |
| Stock based compensation | 1,505 | 1,785 |
| Fair value adjustment for shares issued from settlement agreement (Note 4) | (135) | 741 |
| Changes in operating assets and liabilities: | ||
| Prepaid expenses | (540) | (7,500) |
| Accounts payable | 19,094 | 156 |
| Net cash used in operating activities | (16,938) | (55,425) |
| Cash flows from financing activities | ||
| Proceeds from related party loans | 16,131 | 55,000 |
| Net cash provided by financing activities | 16,131 | 55,000 |
| Net increase (decrease) in cash | (807) | (425) |
| Cash - beginning of the year | 1,370 | 1,795 |
| Cash - end of the quarter | 563 | 1,370 |
| Supplemental disclosures: | ||
| Interest paid | 0 | 0 |
| Income taxes | $ 0 | $ 0 |
Balance Sheet - USD ($) |
Jun. 30, 2026 |
Jun. 30, 2025 |
|---|---|---|
| Current assets: | ||
| Cash | $ 563 | $ 1,370 |
| Prepaid Expenses | 8,040 | 7,500 |
| Total current assets | 8,603 | 8,870 |
| Other assets | ||
| Trademarks | 1,000 | 1,000 |
| Total other assets | 1,000 | 1,000 |
| Total Assets | 9,603 | 9,870 |
| Current liabilities: | ||
| Accounts payable | 52,944 | 33,850 |
| Accrued expenses | 46,964 | 47,099 |
| Related party loans | 271,797 | 255,666 |
| Total current liabilities | 371,705 | 336,615 |
| Commitments and contingencies | 0 | 0 |
| Stockholders' deficiency: | ||
| Preferred stock, $0.001 par value; 25,000,000 shares authorized, -0- preferred stock shares issued and outstanding as of June 30, 2026 and 2025 | 0 | 0 |
| Common stock, $0.001 par value, 500,000,000 shares authorized 4,400,048 issued and outstanding as of as of June 30, 2026 and 2025 | 4,400 | 4,400 |
| Additional paid-in capital | 18,984,200 | 18,984,200 |
| Stock to be issued | 14,053 | 12,548 |
| Accumulated deficit | (19,364,755) | (19,327,893) |
| Total stockholders' deficiency | (362,102) | (326,745) |
| Total Liabilities and Stockholders' Deficiency | $ 9,603 | $ 9,870 |