AFRIKA4U
CIK:0001727815|SEC Filings
CONDENSED STATEMENT OF OPERATIONS (Unaudited) - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
May 31, 2019 |
May 31, 2018 |
May 31, 2019 |
May 31, 2018 |
|
| CONDENSED STATEMENT OF OPERATIONS (Unaudited) | ||||
| Office and general | $ 36 | $ 1,034 | $ 2,639 | $ 1,531 |
| Professional Fees | 1,000 | 2,000 | 13,000 | 10,000 |
| Total Expenses, before provision of income taxes | 1,036 | 3,034 | 15,639 | 11,531 |
| Provision for income taxes | ||||
| NET LOSS | $ (1,036) | $ (3,034) | $ (15,639) | $ (11,531) |
| BASIC AND DILUTED LOSS PER COMMON SHARE | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 |
| WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING | 10,079,875 | 10,000,000 | 10,070,512 | 10,000,000 |
CONDENSED STATEMENT OF CASH FLOWS (Unaudited) - USD ($) |
9 Months Ended | |
|---|---|---|
May 31, 2019 |
May 31, 2018 |
|
| OPERATING ACTIVITIES | ||
| Net loss | $ (15,639) | $ (11,531) |
| Adjustment to reconcile net loss to net cash used in operating activities: | ||
| Increase in Payables | 2,642 | (1,000) |
| NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES | (12,727) | (12,531) |
| FINANCING ACTIVITIES | ||
| Proceeds from sale of common stock | 3,195 | |
| Subscription Receivable | 10,000 | |
| Loan from related party | 12,314 | 2,531 |
| NET CASH PROVIDED BY FINANCING ACTIVITIES | 15,509 | 12,531 |
| NET INCREASE (DECREASE) IN CASH | 2,782 | |
| CASH, BEGINNING OF PERIOD | 1,185 | |
| CASH, END OF PERIOD | 3,967 | |
| Supplemental cash flow information and noncash financing activities: | ||
| Cash paid for: Interest | ||
| Cash paid for: Income taxes | ||
CONDENSED BALANCE SHEETS - USD ($) |
May 31, 2019 |
Aug. 31, 2018 |
|---|---|---|
| CURRENT ASSETS | ||
| Bank | $ 2,690 | $ 1,184 |
| TOTAL ASSETS | 2,690 | 1,184 |
| CURRENT LIABILITIES | ||
| Accounts payable and accrued liabilities | 4,044 | |
| Loan from related party | 15,660 | 5,754 |
| TOTAL CURRENT LIABILITIES | 19,704 | 5,754 |
| STOCKHOLDERS? EQUITY (DEFICIT) | ||
| Capital stock, Authorized 75,000,000 shares of common stock, $0.001 par value. Issued and outstanding 10,079,875 and 10,000,000 shares at May 31, 2019 and August 31, 2018 respectively. | 10,080 | 10,000 |
| Additional Paid-in Capital | 3,115 | |
| Accumulated Deficit | (30,209) | (14,570) |
| TOTAL STOCKHOLDERS' EQUITY/(DEFICIT) | (17,014) | (4,570) |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY/(DEFICIT) | $ 2,690 | $ 1,184 |