ACCEL LIQUID GELS
CIK:0001741603|SEC Filings
STATEMENTS OF OPERATIONS - USD ($) |
12 Months Ended | |
|---|---|---|
May 31, 2022 |
May 31, 2021 |
|
| Income Statement [Abstract] | ||
| Revenue | $ 0 | $ 101,000 |
| Cost of goods sold | 0 | 82,750 |
| Gross profit | 0 | 18,250 |
| Operating expenses: | ||
| General and administrative | 450,229 | 6,567 |
| Total operating expenses | 450,229 | 6,567 |
| Net operating income (loss) | (450,229) | 11,683 |
| Other income: | ||
| Interest income | 2,849 | 0 |
| Interest income - related party | 2,905 | 0 |
| Total other income | 5,754 | 0 |
| Income (loss) before provision for income taxes | (444,475) | 11,683 |
| Provision for income taxes | 0 | 0 |
| Net income (loss) | $ (444,475) | $ 11,683 |
| Net loss per share - basic (in Dollars per share) | $ (0.02) | $ 0 |
| Net loss per share - diluted (in Dollars per share) | $ (0.02) | $ 0 |
| Weighted average shares outstanding - basic (in Shares) | 20,000,000 | 20,000,000 |
| Weighted average shares outstanding - diluted (in Shares) | 20,000,000 | 20,000,000 |
BALANCE SHEETS - USD ($) |
May 31, 2022 |
May 31, 2021 |
|---|---|---|
| Current assets | ||
| Cash and cash equivalents | $ 5,928 | $ 11,753 |
| Loan receivable | 102,849 | 0 |
| Loan receivable - related party | 104,843 | 0 |
| Total current assets | 213,620 | 11,753 |
| Total assets | 213,620 | 11,753 |
| Current liabilities | ||
| Accrued expenses | 246,558 | 0 |
| Due to related party | 0 | 300 |
| Total current liabilities | 246,558 | 300 |
| Stockholders' equity | ||
| Common stock, $0.001 par value, 100,000,000 shares authorized, 20,000,000 shares issued and outstanding as of May 31, 2022 and 2021 | 20,000 | 20,000 |
| Additional paid-in capital | 400,084 | 0 |
| Accumulated deficit | (453,022) | (8,547) |
| Total stockholders' equity (deficit) | (32,938) | 11,453 |
| Total liabilities and stockholders' equity | $ 213,620 | $ 11,753 |