Winchester Holding Group

CIK:0001531764|SEC Filings

Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		6 Months Ended		22 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013
Consolidated Statements Of Operations
Revenue	$ 5,755	$ 0	$ 5,755	$ 0	$ 5,755
Operating Expenses
Professional fees	15,154	18,777	33,940	25,859	97,127
Officer's compensation	24,000		48,000		63,000
Legal fees - stock compensation					256
General and administrative	8,448	110	17,552	1,610	29,331
Total operating expenses	47,602	18,887	99,492	27,469	189,714
Loss from Operations	(41,847)	(18,887)	(93,737)	(27,469)	(183,959)
Other (Income) Expense
Other income			(460)		(460)
Total other (income) expense			(460)		(460)
Loss before Income Taxes			(93,277)	(27,469)	(183,499)
Income Tax Provision
Net Loss	$ (41,847)	$ (18,887)	$ (93,277)	$ (27,469)	$ (183,499)
Net loss per common share - Basic and Diluted	$ 0.00	$ 0.00	$ 0.00	$ 0.00	$ (0.01)
Weighted average common shares outstanding - Basic and Diluted	26,420,700	25,564,767	26,420,700	25,506,644	25,748,816

Consolidated Statements of Cash Flows (Unaudited) (USD $)	6 Months Ended		22 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013
Cash Flows from Operating Activities
Net loss	$ (93,277)	$ (27,469)	$ (183,499)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	1,075		1,111
Contributed services	48,000		63,000
Changes in operating assets and liabilities:
Common stock issued for legal services			256
Accounts receivable	(167)		(167)
Prepaid expenses	(556)		(556)
Accrued expenses	18,625	3,100	23,745
Deferred Revenue	756		756
Net Cash Used in Operating Activities	(25,544)	(24,369)	(95,354)
Cash Flows from Investing Activitites
Property purchase deposit			(1,000)
Purchase of real estate	(46,388)		(87,793)
Leasehold Expenditures	(2,750)		(2,750)
Net Cash Used in Investing Activities	(49,138)		(91,543)
Cash Flows from Financing Activities
Payments made to mortgage note payable	(795)		(795)
Proceeds from mortgage note payable			39,300
Proceeds from note payable, related party	45,853	8,582	67,800
Proceeds from sales of stock for cash		31,500	61,500
Proceeds from stock subscription receivable from founder		25,000	25,000
Due to investor		500
Net Cash Provided by Financing Activities	45,058	65,582	192,805
Net Change in Cash	(29,624)	41,213	5,908
Cash - beginning of period	35,532
Cash - end of period	5,908	41,213	5,908
Supplemental disclosure of cash flow information:
Cash paid for: Interest	390		390
Cash paid for: Income taxes
Supplemental disclosure of non-cash investing and financing activities:
Stock subscription receivable			55,000
Property purchase deposit reclassified to real estate investments	$ 1,000		$ 1,000

Consolidated Balance Sheets (Unaudited) (USD $)	Jun. 30, 2013	Dec. 31, 2012
Current Assets
Cash	$ 5,908	$ 35,532
Accounts Receivable	167
Prepaid expenses	556
Property purchase deposit		1,000
Total current assets	6,631	36,532
Real Estate Investment, net	90,432	41,369
Total Assets	97,063	77,901
Current Liabilities
Accrued expenses	23,745	5,120
Deferred Revenue	756
Mortgage note payable, current portion	38,505	2,985
Note payble, related party	67,800	21,947
Total current liabilities	130,806	30,052
Mortgage note payable		36,315
Total liabilities	130,806	66,367
Stockholders' Equity (Deficiency)
Preferred stock: $0.001 par value; 10,000,000 shares authorized; none issued or outstanding
Common stock: $0.001 par value; 100,000,000 shares authorized; 26,420,700 and 26,420,700 shares issued and outstanding, respectively	26,421	26,421
Stock subscription receivable	(55,000)	(55,000)
Additional paid-in capital	178,335	130,335
Deficit accumulated during the development stage	(183,499)	(90,222)
Total Stockholders' Equity (Deficiency)	(33,743)	11,534
Total Liabilities and Stockholders' Equity (Deficiency)	$ 97,063	$ 77,901