Headstart Holdings, Inc.
CIK:0001634052|SEC Filings
Statements of Operations - USD ($) |
3 Months Ended | 9 Months Ended |
|---|---|---|
Sep. 30, 2015 |
Sep. 30, 2015 |
|
| Income Statement | ||
| Revenue | ||
| Operating expenses: | ||
| General and administrative expenses | $ 3,895 | $ 14,612 |
| Total operating expenses | 3,895 | 14,612 |
| Net loss | $ (3,895) | $ (14,612) |
| Net loss per share - basic | $ 0.00 | $ 0.00 |
| Weighted average number of common shares outstanding - basic | 5,000,000 | 5,000,000 |
Statements of Cash Flows |
9 Months Ended |
|---|---|
|
Sep. 30, 2015
USD ($)
| |
| Operating activities | |
| Net loss | $ (14,612) |
| Changes in operating assets and liabilities: | |
| (Increase) decrease in prepaid assets | (5,000) |
| Increase (decrease) in accounts payable | (65) |
| Net cash used by operating activities | (19,677) |
| Cash flows from Financing Activities | |
| Donated capital | 100 |
| Cash received for stock subscription receivable | 30,000 |
| Cash received for common stock payable | 30,000 |
| Net cash provided by financing activities | 60,100 |
| Net increase (decrease) in cash | 40,423 |
| Cash - ending of the period | $ 40,423 |
| Supplemental disclosures | |
| Interest paid | |
| Income taxes paid |
Balance Sheets - USD ($) |
Sep. 30, 2015 |
Dec. 31, 2014 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 40,423 | |
| Prepaid assets | 5,000 | |
| Total current assets | 45,423 | |
| Total assets | 45,423 | |
| Current liabilities: | ||
| Accounts payable | 1,535 | $ 1,600 |
| Total current liabilities | 1,535 | 1,600 |
| Total liabilities | $ 1,535 | $ 1,600 |
| Stockholders' equity (deficit) | ||
| Preferred stock value | ||
| Common stock value | $ 5,000 | $ 5,000 |
| Additional paid-in capital | 25,100 | 25,000 |
| Common stock payable | 30,000 | |
| Subscriptions receivable | (30,000) | |
| Accumulated deficit | (16,212) | (1,600) |
| Total stockholders' equity (deficit) | 43,888 | $ (1,600) |
| Total liabilities and stockholders' equity (deficit) | $ 45,423 |