ARION GROUP CORP.
CIK:0001698702|SEC Filings
Statements of Operations (Unaudited) - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Oct. 31, 2023 |
Oct. 31, 2022 |
Oct. 31, 2023 |
Oct. 31, 2022 |
|
| Income Statement [Abstract] | ||||
| Revenue | $ 75,000 | $ 158,000 | ||
| Cost of Goods Sold | 37,557 | 81,078 | ||
| Gross Profit | 37,443 | 76,922 | ||
| Operating Expenses | ||||
| General and administrative expenses | 33,098 | 17,392 | 113,049 | 65,061 |
| Total Operating Expenses | 33,098 | 17,392 | 113,049 | 65,061 |
| Income/(Loss) from Operations | 4,345 | (17,392) | (36,127) | (65,061) |
| Income/(Loss) Before Income Taxes | 4,345 | (17,392) | (36,127) | (65,061) |
| Provision for Income Taxes | ||||
| Income tax expense | 800 | 800 | ||
| Net Income/(Loss) | $ 4,345 | $ (17,392) | $ (36,927) | $ (65,861) |
| Weighted Average Number of Common Shares Outstanding: | ||||
| Basic (in Shares) | 7,630,000 | 7,630,000 | 7,630,000 | 7,630,000 |
| Income/(Loss) Per Common Share: | ||||
| Basic (in Dollars per share) | $ 0 | $ 0 | $ 0 | $ (0.01) |
Statements of Cash Flows (Unaudited) - USD ($) |
9 Months Ended | |
|---|---|---|
Oct. 31, 2023 |
Oct. 31, 2022 |
|
| Statement of Cash Flows [Abstract] | ||
| Net loss | $ (36,927) | $ (65,861) |
| Changes in operating assets and liabilities | ||
| Accounts receivable | (130,000) | |
| Accounts payable | 10,840 | (2,500) |
| Accrued expense | 6,000 | (2,000) |
| Advance to supplier | 9,077 | |
| Net cash used in operating activities | (141,010) | (70,361) |
| Financing Activities | ||
| Bank overdraft | 10,063 | |
| Proceeds of loan from stockholder | 109,400 | 68,500 |
| Net cash provided by financing activities | 119,463 | 68,500 |
| Net decrease in cash and cash equivalents | (21,547) | (1,861) |
| Cash and equivalents at beginning of the period | 21,547 | 3,863 |
| Cash and equivalents at end of the period | 2,002 | |
| Cash paid for: | ||
| Interest | ||
| Taxes | $ 800 | $ 800 |
Balance Sheets - USD ($) |
Oct. 31, 2023 |
Jan. 31, 2023 |
|---|---|---|
| Current Assets | ||
| Cash and cash equivalents | $ 21,547 | |
| Accounts receivable | 130,000 | |
| Advance to supplier | 9,077 | |
| Security deposit | 3,000 | 3,000 |
| Total Current Assets | 133,000 | 33,624 |
| Property and equipment, net | 278 | 278 |
| Total Assets | 133,278 | 33,902 |
| Current Liabilities | ||
| Bank overdraft | 10,063 | |
| Accounts payable | 10,840 | |
| Accrued expense | 6,000 | |
| Loan from stockholder | 369,184 | 259,784 |
| Total Current Liabilities | 396,087 | 259,784 |
| Total Liabilities | 396,087 | 259,784 |
| Stockholders’ Deficit | ||
| Common stock, $0.001 par value, 75,000,000 shares authorized; 7,630,000 shares issued and outstanding as of October 31 and January 31, 2023 | 7,630 | 7,630 |
| Additional paid-in capital | 91,102 | 91,102 |
| Accumulated deficit | (361,541) | (324,614) |
| Total Stockholders’ Deficit | (262,809) | (225,882) |
| Total Liabilities and Stockholders’ Deficit | $ 133,278 | $ 33,902 |