UNITED STATES ~~SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549~~

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

☒x QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended ~~May~~November 3130, 2019

☐¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ______________ to ______________

~~YUMBA~~Commission ~~RECORDS~~File ~~STORAGE, INC~~No. 333-22981

YUMBA RECORDS STORAGE, INC. (Exact ~~name~~Name of ~~registrant~~Small Business Issuer as specified in its charter)

Nevada	~~32-0603983~~	4225	32-0603983
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)
(State or jurisdiction ofincorporation or organization)		(Primary Standard IndustrialClassification Code Number)	(I.R.S. EmployerIdentification Number)
H. No FF-2, First Floor Rosemina Arcade, Malbhat Margao, State of Goa, India	403601
(Address of principal executive offices)	(Zip Code)

~~011-91-8975161268~~Yumba Records Storage, Inc.

~~(Registrant’s~~H. ~~telephone~~No ~~number~~FF-2, ~~including~~First ~~area code)~~Floor

~~(Former~~Rosemina ~~name~~Arcade, ~~former address and former fiscal year, if changed since last report)~~Malbhat

~~Securities~~Margao, ~~registered~~State ~~pursuant to Section 12(b)~~ of ~~the~~Goa, ~~Act:~~India 403601

~~Title~~Telephone: ~~of each class Trading Symbol(s) Name of exchange on which registered~~011-91-9689157273

~~Indicate~~Email: by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such fling requirements for the past 90 daysyumba. ~~Yes ☒ No ☐~~records@gmail.com

~~Indicate~~(Address, byincluding ~~check~~zip ~~mark~~code, ~~whether~~and ~~the~~telephone ~~registrant~~number, ~~has~~including ~~submitted~~area ~~electronically~~code, ~~every Interactive Data File required to be submitted pursuant to Rule 405~~ of ~~Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the~~ registrant’s ~~was~~principal ~~required~~executive ~~to submit such files~~offices)~~. Yes ☒ No ☐~~

~~Indicate~~Check ~~by check mark~~ whether the registrant is(1) ahas ~~large~~filed ~~accelerated~~all ~~filer,~~reports anrequired ~~accelerated~~to ~~filer,~~be afiled ~~non-accelerated~~by ~~filer, a~~Section ~~smaller~~13 ~~reporting~~or ~~company,~~15(d) orof anthe ~~emerging~~Securities ~~growth~~Exchange ~~company.~~Act ~~See~~of 1934 during the ~~definitions~~preceding of12 ~~“large~~months ~~accelerated~~(or ~~filer,”~~for ~~“accelerated~~such ~~filer,”~~shorter ~~“smaller~~period ~~reporting~~that ~~company~~the registrant was required to file such reports),” and ~~"emerging~~(2) ~~growth~~has ~~company"~~been insubject ~~Rule~~to ~~12b-2~~such offiling requirements for the ~~Exchange~~past ~~Act~~90 days. Yes x No ¨

~~Large~~Indicate ~~accelerated~~by ~~filer~~check ☐mark ~~Accelerated~~whether ~~filer~~the ☐registrant ~~Non~~has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-~~Accelerated~~T ~~filer~~during ☒the ~~Smaller~~preceding ~~reporting~~12 ~~company~~months ☒(or ~~Emerging~~for ~~growth~~such ~~company~~shorter ☒period that the registrant was required to submit such files). Yes x No ¨

IfIndicate ~~an emerging growth company, indicate~~ by check mark ifwhether the registrant ~~has~~is ~~elected~~a ~~not~~large toaccelerated ~~use~~filer, ~~the~~an ~~extended~~accelerated ~~transition period~~filer, ~~for~~a ~~complying~~non-accelerated ~~with~~filer, ~~any new~~ or ~~revised financial accounting standards provided pursuant to Section 13(~~a) ofsmaller ~~the~~reporting ~~Exchange Act~~company. ☐

~~Indicate~~Large byaccelerated ~~check~~filer ~~mark~~¨ ~~whether~~Accelerated ~~the~~filer ~~registrant~~¨ isNon-accelerated afiler ~~shell~~¨ ~~company~~Smaller ~~(as~~reporting ~~defined~~company inx ~~Rule~~Emerging ~~12b-2~~growth ofcompany ~~the Exchange Act). Yes ☒ No ☐~~x

~~APPLICABLE~~If ~~ONLY~~an TOemerging ~~ISSUERS~~growth ~~INVOLVED~~company, INindicate ~~BANKRUPTCY~~by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. YES x NO ¨

~~PROCEEDINGS~~Indicate ~~DURING~~by ~~THE~~check ~~PRECEDING~~mark ~~FIVE~~whether ~~YEARS:~~the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes x No ¨

~~Indicate~~11,000,000 byshares ~~check~~of ~~mark whether the~~ registrant’s ~~has~~common ~~filed~~stock, ~~all~~$0.001 ~~documents~~par ~~and~~value, ~~reports~~were ~~required~~outstanding toat beJanuary ~~fled by Sections 12~~21, 132020. ~~or 15(d)~~Registrant ofhas ~~the~~no ~~Securities~~other ~~Exchange~~class ~~Act~~ of ~~1934~~common ~~subsequent to the distribution of securities under a plan confirmed by a court~~equity. ~~Yes ☐ No ☐~~

APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date. 6,000,000 shares of registrant’s common stock, $0.001 par value, were outstanding at July 22, 2019. Registrant has no other class of common equity.

PART I. FINANCIAL INFORMATION

Item 1 Financial Statements.

Yumba Records Storage, Inc.Consolidated Balance Sheets

Consolidated Balance Sheets

	November 30, 2019			August 31, 2019
	(unaudited)
ASSETS
Current assets
Cash	$	44,423		$	408
Total current assets		44,423			408
Total assets	$	44,423		$	408

LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)

LIABILITIES
Current liabilities
Accounts payable and accrued liabilities	$	2,228		$	728
Due to related party		3,187			2,871
Total current liabilities		5,415			3,599
Long term liabilities
Notes payable, net of discount		13,673			13,503
Total liabilities		19,088			17,102

STOCKHOLDERS’ EQUITY (DEFICIT)

Common stock: $0.001 par value, 200,000,000 authorized, 11,000,000 and 6,000,000 issued and outstanding as of November 30, 2019 and August 31, 2019 respectively		11,000			6,000
Additional paid-in capital		46,945			1,945
Accumulated deficit		(32,610	)		(24,639	)
Total stockholders’ equity (deficit)		25,335			(16,694	)
Total liabilities and stockholders’ equity (deficit)	$	44,423		$	408

	May 31, 2019 $			August 31, 2018 $
	(unaudited)
ASSETS
Current assets
Cash		3,100			10,290
Total current assets		3,100			10,290
Total assets		3,100			10,290
LIABILITIES AND STOCKHOLDER’S DEFICIT
LIABILITIES
Current liabilities
Accounts payable and accrued liabilities		979			1,057
Due to related party		700			-
Total current liabilities		1,679			1,057
Long term liabilities
Advances from related party		15,170			15,170
Total liabilities		16,849			16,227
STOCKHOLDER’S DEFICIT
Common stock: $0.001 par value, 200,000,000 authorized,
6,000,000 issued and outstanding as of May 31, 2019 and August 31, 2018		6,000			6,000
Additional paid-in capital		-			-
Accumulated deficit		(19,749	)		(11,937	)
Total stockholder’s deficit		(13,749	)		(5,937	)
Total liabilities and stockholder’s deficit		3,100			10,290

(The accompanying notes are an integral part of these financial statements)

Yumba Records Storage, Inc.Consolidated Statements of Operations(Unaudited)

Consolidated Statements of Operations

	For the Three Months Ended November 30, 2019			For the Three Months Ended November30, 2018
Revenue
Revenue	$	-		$	-

Expenses
General and administrative		1,029			66
Professional fees		6,737			4,500
Loss from operations		(7,766	)		(4,566	)
Other Expenses and Losses
Interest expense		(170	)		-
Loss on foreign currency exchange		(35	)		-
Loss before income tax		(7,971	)		(4,566	)
Provision for income tax		-			-
Net Loss	$	(7,971	)	$	(4,566	)

Net loss per share – basic and diluted	$	(0.00	)	$	(0.00	)
Weighted average shares outstanding – basic and diluted		10,492,444			6,000,000

(unaudited)

	For the Three Months						For the Nine Months
	Ended May 31						Ended May 31
	2019			2018			2019			2018
	$			$			$			$
Expenses
General and administrative		1,496			700			1,562			700
Professional fees		1,750			-			6,250			6,250
Loss from operations Net loss		(3,246	)		(700	)		(7,812	)		(6,950	)
Provision for income taxes		-			-			-			-
Net loss		(3,246	)		(700	)		(7,812	)		(6,950	)
Net loss per share – basic and diluted		(0.00	)		(0.00	)		(0.00	)		(0.00	)
Weighted average shares outstanding – basic and diluted		6,000,000			6,000,000			6,000,000			6,000,000

(The accompanying notes are an integral part of these financial statements)

YUMBA RECORDS STORAGE, INC. Consolidated Statement of Stockholders’ ~~Deficit~~equity (deficit)(unaudited)

	Common Stock				AdditionalPaid-in		Accumulated
					Additional Paid-in		Other Comprehensive			Accumulated
	Number		Par Value		Capital		Deficit			Total
	Number		Par Value		Capital		Income (loss)			Deficit			Total
Balance, September 1 2019		6,000,000	$	6,000	$	1,945	$	(24,639	)	$	(16,694	)
Balance, August 31, 2017		6,000,000	$	6,000	$	-	$	-		$	(1,280	)	$	4,720
Sale of common shares for cash		5,000,000		5,000		45,000		-			50,000
Net loss for the period		-		-		-		-(7,971	)		(47,~~500~~971	)		~~(4,500~~	)
Balance, November 30, 2017		6,000,000	$	6,000		-		-			(5,780	)		220
Balance, November 30, 2019		11,000,000	$	11,000	$	46,945	$	(32,610	)	$	25,335
Net loss for the period		-		-		-		-			(1,750	)		(1,750	)
	Common Stock				AdditionalPaid-in		Accumulated
Balance, February 28, 2018		6,000,000	$	6,000		-		-			(7,530	)		(1,530	)
	Number		Par Value		Capital		Deficit			Total
Net loss for the period		-		-		-		-			(700	)		(700	)
Balance, September 1, 2018		6,000,000	$	6,000	$	-	$	(11,937	)	$	(15,937	)
Balance, May 31, 2018		6,000,000	$	6,000	$	-	$	-		$	(8,230	)	$	(2,230	)
Net loss for the period		-		-		-		(4,566	)		(4,566	)
Balance, November 30, 2018		6,000,000	$	6,000	$	-	$	(16,503	)	$	10,503

	Common Stock						Accumulated
					Additional Paid-in		Other Comprehensive		Accumulated
	Number		Par Value		Capital		Income (loss)		Deficit			Total
Balance, August 31, 2018		6,000,000	$	6,000	$	-	$	-	$	(11,937	)	$	(5,937	)
Net loss for the period		-		-		-		-		(4,566	)		(4,566	)
Balance, November 30, 2018		6,000,000	$	6,000		-		-		(16,503	)		(10,503	)
Net loss for the period		-		-		-		-		-			-
Balance, February 28, 2019		6,000,000	$	6,000		-		-		(16,503	)		(10,503	)
Net loss for the period		-		-		-		-		(3,246	)		(3,246	)
Balance, May 31, 2019		6,000,000	$	6,000	$	-	$	-	$	(19,749	)	$	(13,749	)

(The accompanying notes are an integral part of these consolidated financial statements)

Yumba Records Storage, Inc.Consolidated Statements of Cash Flows(Unaudited)

Consolidated Statements of Cash Flows (Unaudited)

	For the Three Months Ended November 30, 2019			For the Three Months Ended November 30, 2018

Cash flows from operating activities
Net loss	$	(7,971	)	$	(4,566	)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of debt discount		170			-

Change in operating assets and liabilities
Accounts payables and accrued liabilities		1,500			4,074
Due to related parties		316			-
Net cash used in operating activities		(5,985	)		(492	)
Cash flows from financing activities
Proceeds from sale of common shares for cash		50,000			-
Net cash provided by financing activities		50,000			-
Change in cash		44,015			(492	)
Cash – beginning of period		408			10,290
Cash – end of period	$	44,423		$	9,798
Supplemental cash flow disclosures
Cash paid for:
Interest		-		-
Income tax	-			-

	For the Nine Months Ended May 31, 2019 $			For the Nine Months Ended May 31, 2018 $
	(unaudited)
Cash flows from operating activities
Net loss		(7,812	)		(6,950	)
Adjustments to reconcile to net cash used in operating activities:
Change in operating assets and liabilities
Accounts payables and accrued liabilities		(78	)		-
Due to related parties		700			-
Net cash used in operating activities		(7,190	)		(6,950	)
Cash flows from financing activities
Advances from related party		-			14,520
Net cash provided by financing activities		-			14,520
Change in cash		(7,190	)		7,570
Cash – beginning of period		10,290			6,000
Cash – end of period		3,100			13,570
Supplemental cash flow disclosures
Cash paid for:
Interest		−			−
Income tax		−			−

(The accompanying notes are an integral part of these financial statements)

Yumba Records Storage, Inc. Notes to the consolidated financial statementsNovember 30, 2019(Unaudited)

Notes to the consolidated financial statements

May 31, 2019

(unaudited)

1. NATURE AND CONTINUANCE OF OPERATIONS

Yumba Records Storage, Inc. (the "“Company"”) was incorporated in the state of Nevada on July 21, 2017 ("“Inception"”). The Company plans to be a physical record storage and retrieval company .The Company'’s corporate headquarters are located in Margao, India and its fiscal year-end is August 31.

The Company presently is not providing any services. All activities of the Company relate to its organization, initial funding, and share issuances.

The Company believes there are no significant risks or uncertainties related to these activities.

2. GOING CONCERN

These unaudited financial statements have been prepared on a going concern basis, which ~~implies~~assumes that the Company will continue to realize its assets and discharge its liabilities in the normal course of business. During the ~~nine-month~~three ~~period~~months ~~ending~~ended ~~May~~November 3130, 2019, the Company recognized no sales revenue and incurred a net loss of $7,~~812~~971. As of ~~May~~November 3130, 2019, the Company had an accumulated deficit of $1932,~~749~~610. InThese ~~order to continue as a going concern~~factors, ~~the Company will need,~~ among ~~other things~~others, ~~additional~~raise ~~capital~~substantial ~~resources.~~doubt ~~Management’s~~about ~~plan is to obtain such resources for~~ the ~~Company~~ability by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking third party equity and/or debt financing. However, management cannot provide any assurances that the Company will be successful in accomplishing any of ~~its plans. These financial statements do not include any adjustments related to~~ the ~~recoverability and classification of assets or the amounts and classification of liabilities that might be necessary should the~~ Company ~~be unable~~ to continue as a going concern~~.These unaudited~~ ~~financial~~within ~~statements~~one doyear ~~not~~after ~~include any adjustments to~~ the ~~recoverability~~date ~~and classification of recorded asset amounts and classification of liabilities~~ that ~~might be necessary should~~ the ~~Company~~financial bestatements ~~unable~~are toissued. ~~continue as a going concern~~

In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management’s plan is to obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking third party equity and/or debt financing. However, management cannot provide any assurances that the Company will be successful in accomplishing any of its plans. There is substantial doubt about the Company’s ability to continue as a going concern within one year after the date that the financial statements are issued. These financial statements do not include any adjustments related to the recoverability and classification of assets or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. These audited financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Consolidated Financial Information:

The ~~accompanying~~preparation ~~unaudited financial statements have been prepared by management without audit pursuant to the rules and regulations~~ of ~~the Securities and Exchange Commission. Certain information and disclosures normally included in~~ financial statements ~~prepared~~ in accordance with generally accepted accounting principles ~~have~~in ~~been~~the ~~omitted~~United asStates ~~allowed~~of byAmerica ~~such~~requires ~~rules~~the ~~and regulations,~~use ~~and~~of ~~management~~estimates ~~believes~~and assumptions that affect the ~~disclosures~~reported ~~are~~amounts ~~adequate~~of toassets ~~make~~and ~~the~~liabilities, ~~information~~disclosure ~~presented~~of ~~not~~contingent ~~misleading.~~assets ~~These~~and ~~unaudited~~liabilities ~~financial~~known ~~statements~~to ~~include~~exist ~~all~~as of the ~~adjustments,~~date ~~which, in~~ the ~~opinion~~financial ofstatements ~~management,~~ are ~~necessary~~published, toand ~~a fair~~the ~~presentation~~reported amounts of ~~financial~~revenues ~~position~~ and ~~result~~expenses ofduring ~~operations.~~the Asreporting ~~such,~~period. ~~all~~Uncertainties ~~adjustments~~with ~~are~~respect ofto asuch ~~normal~~estimates and ~~recurring~~assumption ~~nature. Interim results~~ are ~~not~~inherent ~~necessarily~~in ~~indicative~~the preparation of ~~results~~the ~~for~~Company’s afinancial ~~full~~statements; ~~year.~~accordingly, ~~The~~it ~~unaudited~~is ~~financial~~possible ~~statement information~~that ~~including~~the ~~footnotes~~actual asresults ofcould ~~May~~differ ~~31,~~from ~~2019~~these ~~was~~estimates ~~derived from~~ and ~~should~~assumptions bethat ~~read~~could inhave ~~conjunction~~a ~~with~~material ~~the~~effect ~~Company’s~~on ~~financial statements for~~ the ~~year~~reported ~~ended~~amounts ~~August~~of ~~31, 2018 included in~~ the Company’s ~~Form~~financial ~~S-1~~position and results of operations.

~~The~~Operating ~~accompanying~~results ~~unaudited~~for ~~consolidated~~the ~~financial~~three-month ~~statements~~period ~~have~~ended ~~been~~November ~~prepared~~30, in2019 ~~accordance~~are ~~with~~not ~~accounting~~necessarily ~~principles generally~~indicative ~~accepted~~of inthe results that may be expected for the ~~United~~year ~~States~~ending ofAugust ~~America~~31, ~~(“GAAP”)~~2020. ~~and~~The ~~have~~condensed ~~been~~consolidated ~~consistently~~balance ~~applied~~sheet inat ~~the~~August ~~preparation~~31, of2019 has been derived from the audited financial statements ~~for~~at ~~the~~that ~~nine~~date ~~months~~but ~~ended~~does ~~May~~not ~~31,~~include ~~2019~~all ~~and~~of the ~~audited~~information ~~financial~~and ~~statements~~footnotes ~~for~~required by generally accepted accounting principles in the ~~year~~U.S. ~~ended~~for ~~August~~complete ~~31, 2018~~financial statements.

Unaudited consolidated financial statements

The unaudited consolidated financial statements include the accounts of Yumba Records Storage, Inc. and its wholly owned Canadian subsidiary, Yumba Records Storage Inc. All significant intercompany balances and transactions have been eliminated upon consolidation.

Yumba Records Storage, Inc. Notes to the consolidated financial statementsNovember 30, 2019(unaudited)

Notes to the consolidated financial statements

May 31, 2019

(unaudited)

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Unaudited consolidated financial statements

The unaudited consolidated financial statements include the accounts of Yumba Records Storage, Inc. and its wholly owned Canadian subsidiary, Yumba Records Storage Inc. and wholly owned Indian subsidiary, Yumba Records Storage Private Limited. All significant intercompany balances and transactions have been eliminated upon consolidation.

Cash and Cash Equivalents

The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. The Company maintains cash balances at one financial institution that is insured by the FDIC. As of ~~May~~November 3130, 2019, the Company had $344,~~100~~423 in cash.

Foreign Currency Translation

The Company's functional and reporting currency is the United States dollar. Monetary assets and liabilities denominated in foreign currencies are translated using the exchange rate prevailing at the balance sheet date. Non-monetary assets and liabilities denominated in foreign currencies are translated at rates of exchange in effect at the date of the transaction. Average monthly rates are used to translate expenses. Revenue and expenses are translated at average rates of exchange during the year. The assets and liabilities of foreign operations are translated to US dollars at exchange rates at the reporting date. The income and expenses of foreign operations are translated into US dollars at exchange rates at the dates of the transactions. Foreign currency adjustments are recognized in other comprehensive income in the accumulated other comprehensive income (loss).

Gains and losses arising on translation or settlement of foreign currency denominated transactions or balances are included in the determination of net income (loss). The Company has not, to the date of these consolidated financial statements, entered into derivative instruments to offset the impact of foreign currency fluctuations.

Use of Estimates and Assumptions

The preparation of consolidated financial statements in conformity with US generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the period. Actual results could differ from those estimates.

Due to the limited level of operations, the Company has not had to make material assumptions or estimates other than the assumption that the Company is a going concern.

Income Taxes

The Company accounts for income taxes using the asset and liability method in accordance with ASC 740, Accounting for Income Taxes. The asset and liability method provide that deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities, and for operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company will measure and record a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized.

Financial Instruments

The Company’s financial instruments consist of cash, accounts payables and due to shareholder. The carrying amount of such approximate their fair value due to the short maturity of the instrument.

Income (Loss) Per Share

Basic earnings per share is computed by dividing net income (or loss) by the weighted- average number of shares outstanding during the period. Diluted earnings per share reflect the potential dilution of securities that could share in the earnings of the Company, assuming the issuance of an equivalent number of common shares pursuant to options, warrants, or convertible debt arrangements. Diluted earnings per share is not shown for periods in which the Company incurs a loss because it would be anti-dilutive. Similarly, potential common stock equivalents are not included in the calculation if the effect would be anti-dilutive. No potentially dilutive debt or equity securities were issued or outstanding during the three~~-months~~ ~~and nine-~~month period ended ~~May~~November 3130, 2019 and 2018.

Yumba Records Storage, Inc. Notes to the consolidated financial statementsNovember 30, 2019 (unaudited)

Notes to the consolidated financial statements

May 31, 2019

(unaudited)

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Fair Value of Financial Instruments

The Company follows ASC 820, Fair Value Measurements and Disclosures, for all financial instruments and non-financial instruments accounted for at fair value on a recurring basis. This accounting standard establishes a single definition of fair value and a framework for measuring fair value, sets out a fair value hierarchy to be used to classify the source of information used in fair value measurement and expands disclosures about fair value measurements required under other accounting pronouncements. It does not change existing guidance as to whether or not an instrument is carried at fair value. The Company defines fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

AS topic 820 "“Fair Value Measurements and Disclosures"” establishes a three-tier fair value hierarchy, which prioritizes the inputs in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market.

These tiers include:

Level 1:	Defined as observable inputs such as quoted prices in active markets;
Level 2:	Defined as inputs other than quoted prices in active markets that are either directly or indirectly observable;
Level 3:	Defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

The Company has adopted ASC 825, Financial Instruments, which allows companies to choose to measure eligible financial instruments and certain other items at fair value that are not required to be measured at fair value. The Company has not elected the fair value option for any eligible financial instruments.

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Recent Accounting Pronouncements

~~Leases –~~From Intime ~~February~~to ~~2016~~time, ~~the~~ ~~issued~~new ~~ASU 2016-02 which amends existing lease~~ accounting ~~guidance~~pronouncements ~~and~~are ~~requires~~issued ~~recognition~~by ~~of most lease arrangements on~~ the ~~balance~~FASB ~~sheet.~~or Inother ~~the~~standard ~~event~~setting bodies that ~~the~~are ~~Company~~adopted ~~enters~~by ~~into any leases in~~ the ~~future, the adoption of this standard will result in the~~ Company ~~recognizing~~as ~~a right-~~of~~-use~~ ~~asset representing its rights to use~~ the ~~underlying~~specified ~~asset~~effective ~~for the lease term with an offsetting lease liability~~date. ~~ASU~~Unless ~~2016-02~~otherwise ~~will be effective for fiscal years beginning after December 15~~discussed, ~~2018.~~ ~~The~~we ~~Company~~believe ~~adopted~~that ~~this~~the ~~accounting~~impact ~~pronouncement~~of onrecently ~~January~~issued 1,standards ~~2019.~~that ~~The~~are ~~adoption~~not ofyet ~~this~~effective ~~standard~~will ~~did~~ not have a material ~~effect~~impact on ~~the~~our ~~Company’s~~financial ~~unaudited~~position ~~consolidated financial~~or ~~statements~~results of operations upon adoption.

Stock Compensation — On June 20, 2018, the FASB issued ASU 2018-07 Compensation—Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting which is intended to reduce cost and complexity and to improve financial reporting for share-based payments issued to nonemployees (for example, service providers, external legal counsel, suppliers, etc.). This standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018, with early adoption permitted. The Company adopted this ASU on January 1, 2019. The adoption of this standard did not have a material effect on the Company’s unaudited consolidated financial statements.

Credit Losses – In June 2016, the FASB issued ASU 2016-13 Financial Instruments-Credit Losses which will change the method most entities use in determining their provision for bad debts. Currently, entities base their estimate for credit losses on broad parameters which are not well defined. Under ASU 2016-13, entities must estimate credit losses on the life of credit instruments based on available data from pools of similar instruments. The Company will adopt this ASU in December 2019 for periods beginning after December 31, 2019 and does not expect it to have a material effect on the Company’s financial statements

Yumba Records Storage, Inc.

Notes to the consolidated financial statements

May 31, 2019

(unaudited)

4. COMMON STOCK

The total number of common shares authorized that may be issued by the Company is 200,000,000 shares with a par value of $0.001 per share.

~~During~~The ~~the~~Company ~~period~~became ~~ended~~a ~~August~~reporting ~~31,~~company ~~2017~~on June 3, ~~the~~2019 ~~Company~~and ~~issued~~offered 6a total of 5,000,000 shares of Company’s common stock ~~for~~on ~~total~~a ~~cash~~“self-underwritten” ~~proceeds~~ basis at a fixed price of $60.01 per share. In October 2019, the Company completed its offering of a total of 5,000,000 toshares ~~the~~of Company'’s ~~director~~common stock on a “self-underwritten” basis at a fixed price of $0.01 per share, for total proceeds of $50,000.

As at ~~May~~November 3130, 2019, there were no issued and outstanding stock options or warrants.

Yumba Records Storage, Inc.

Notes to the consolidated financial statements

November 30, 2019

(Unaudited)

5. RELATED PARTY TRANSACTIONS

The Company neither owns nor leases any real or personal property. Ms. Chasma Mulla, officer and director of the Company, is currently providing the Company with use of office space and services at no charge. The Company’s ~~officer~~received ~~and~~$15,170 ~~director~~from isrelated ~~involved~~party in(Note ~~other business activities and may face a conflict in selecting between the Company and her other business interests~~6).

6. RELATED PARTY ~~ADVANCE~~NOTES ~~PAYABLES~~PAYABLE, NET OF DISCOUNT

As of ~~May~~August 31, 2019, the Company ~~has~~ received advances of $15,170 from a related party. ~~related~~These toadvances ~~the~~are unsecured with no interest. The Company’s ~~president~~entered into a formal promissory note for the advanced amount as of April 1, 2019, with a maturity date of December 31, 2021 with no stated interest rate. ~~This~~The ~~advance~~computed ~~is unsecured~~discounted ~~and~~present ~~non-~~value of the note payable at issuance, based on a 5% imputed interest ~~bearing~~rate, ~~and~~was ~~may~~$13,225 ~~not~~with $1,945 recognized as a debt discount, to be ~~due~~amortized ~~before~~over the life of the note using effective interest method. The amortization of the discount for the three months ended November 30, 2019 was $170 (for year ended August 31, ~~2020~~2019: $278), which is reported as interest expense.

	November 30, 2019			August 31, 2019

Principal amount of notes payable	$	15,170		$	15,170
Less: unamortized discount		(1,497	)		(1,667	)
Notes payable less unamortized discount	$	13,673		$	13,503

7. SUBSEQUENT EVENTS

InManagement ~~accordance with ASC 855-10, the Company~~ has ~~analyzed~~evaluated ~~its~~subsequent ~~operations~~events ~~from July 16, 2019~~ through to the date ~~the~~these unaudited consolidated financial statements were ~~issued~~available ~~and~~to ~~has~~be ~~determined~~issued. ~~that~~Based iton ~~does~~their ~~not~~evaluation, ~~have~~no ~~any~~ material ~~subsequent~~ events tohave ~~disclose~~occurred inthat ~~these~~require ~~financial statements~~disclosure.

Item 2. ~~Management's Discussion and Analysis of Financial Conditions and Results of Operations.~~

~~Forward~~Management’s ~~Looking~~Discussion ~~Statements~~and Analysis of Financial Conditions and Results of Operations.

~~The~~Forward ~~information~~Looking in this quarterly report contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). These forward-looking statements involve risks and uncertainties, including statements regarding the Company’s capital needs, business strategy and expectations. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “expect,” “plan,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential” or “continue,” the negative of such terms or other comparable terminology. Actual events or results may differ materially. In evaluating these statements, you should consider various factors, including the risks outlined from time to time, in other reports we file with the Securities and Exchange Commission (the “SEC”). These factors may cause our actual results to differ materially from any forward-looking statement. We disclaim any obligation to publicly update these statements or disclose any difference between its actual results and those reflected in these statements. The information constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.Statements

~~Overview~~The information in this quarterly report contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). These forward-looking statements involve risks and uncertainties, including statements regarding the Company’s capital needs, business strategy and expectations. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “expect,” “plan,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential” or “continue,” the negative of such terms or other comparable terminology. Actual events or results may differ materially. In evaluating these statements, you should consider various factors, including the risks outlined from time to time, in other reports we file with the Securities and Exchange Commission (the “SEC”). These factors may cause our actual results to differ materially from any forward-looking statement. We disclaim any obligation to publicly update these statements or disclose any difference between its actual results and those reflected in these statements. The information constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

We intend to commence business operations by offering document and data storage services primarily to small and medium-sized businesses located in India. Our Company was incorporated on July 21, 2017 and we have taken steps to proceed with our intended business plan.Overview

We intend to ~~focus~~commence onbusiness operations by offering ~~management~~document ~~services~~and todata ~~companies~~storage ~~that~~services ~~wish~~primarily to ~~store~~small ~~paper~~and ~~documents~~medium-sized ~~since~~businesses ~~this~~located ~~is the predominant form of records storage~~ in India ~~and is the simplest for us to accommodate~~. Our ~~physical~~Company ~~records~~was ~~management~~incorporated ~~services~~on ~~will~~July ~~include~~21, ~~records~~2017 ~~management~~and ~~programs~~we ~~that~~have ~~aid~~taken ~~customers~~steps into ~~their~~proceed ~~compliance~~ with ~~specific~~our ~~document~~intended ~~storage regulatory~~business ~~requirements; implementation of programs that feature secure, cost-effective storage for all documents; and flexible retrieval access, retention management, and document destruction services~~plan.

We ~~expect~~intend ~~that~~to ~~our~~focus ~~information~~on ~~protection~~offering ~~and~~management ~~storage~~ services ~~will~~to becompanies ~~broadly~~that ~~divided~~wish ~~into~~to ~~two~~store ~~major~~paper ~~service categories:~~documents ~~records~~since ~~management,~~this ~~and~~is ~~data~~the ~~protection~~predominant form of records storage in India and ~~recovery.~~is Wethe ~~intend~~simplest for us to ~~offer~~accommodate. ~~both~~Our physical records management services ~~and~~will ~~technology~~include ~~solutions~~records inmanagement ~~each~~programs ofthat ~~these~~aid ~~categories.~~customers ~~Media~~in ~~formats~~their ~~can~~compliance bewith ~~broadly~~specific ~~divided~~document ~~into~~storage ~~paper~~regulatory ~~documents~~requirements; ~~and~~implementation ~~electronic~~of ~~records~~ programs that ~~include~~feature ~~various~~secure, ~~forms~~cost-effective ofstorage ~~magnetic~~for ~~media~~all ~~such~~documents; asand ~~computer~~flexible ~~tapes~~retrieval access, ~~hard~~retention ~~drives~~management, and ~~optical~~document ~~disks~~destruction services.

We ~~intend~~expect tothat ~~provide~~our ainformation ~~secure~~protection ~~storage location~~ and ~~document~~storage ~~indexing~~services ~~service~~will tobe ~~customers~~broadly ~~and~~divided ~~provide~~into ~~storage~~two ~~boxes and~~major ~~related~~service ~~supplies~~categories: inrecords ~~order~~management, toand ~~make~~data ~~handling~~protection ~~records~~and ~~easier~~recovery. We ~~believe~~intend ~~the issues encountered by customers trying~~ to ~~manage~~offer ~~their~~both ~~electronic~~physical ~~records~~services ~~are~~and ~~similar~~technology tosolutions ~~the ones they face~~ in ~~their~~each ~~physical records management programs and consist primarily~~ of: ~~(1)~~these ~~storage~~categories. ~~capacity~~Media ~~and~~formats ~~the~~can ~~preservation~~be ofbroadly ~~data;~~divided ~~(2)~~into ~~access~~paper todocuments and ~~control~~electronic ~~over~~records ~~the~~that ~~data~~include invarious aforms ~~secure~~of ~~environment;~~magnetic ~~and~~media ~~(3)~~such ~~the~~as ~~need~~computer totapes, ~~retain~~hard ~~electronic~~drives, ~~records~~and ~~due~~optical ~~to regulatory requirements~~disks.

~~The~~We ~~Company~~intend ~~became~~to provide a ~~reporting~~secure ~~company~~storage onlocation ~~June~~and 3,document ~~2019~~indexing ~~after~~service weto ~~had~~customers ~~filed~~and aprovide ~~prospectus~~storage ~~that~~boxes ~~relates~~and related supplies in order to ~~the~~make ~~offering~~handling ofrecords aeasier. ~~total~~We ofbelieve ~~5,000,000~~the ~~shares~~issues ofencountered ~~our~~by ~~common~~customers ~~stock~~trying onto amanage ~~"self-underwritten"~~their ~~basis~~electronic atrecords aare ~~fixed~~similar ~~price~~to ofthe ~~$0.01~~ones ~~per~~they ~~share.~~face Wein ~~intend~~their tophysical ~~complete,~~records bymanagement ~~end~~programs and consist primarily of ~~September~~: ~~2019,~~(1) storage capacity and the ~~sale~~preservation of ~~5,000,000~~data; ~~common~~(2) ~~shares~~access atto and control over the ~~price~~data ofin a ~~$0.01~~secure ~~per~~environment; ~~share~~and ~~for~~(3) ~~total~~the ~~proceeds~~need ofto ~~$50,000~~retain electronic records due to regulatory requirements.

~~There~~The ~~have~~Company ~~been~~became noa ~~material~~reporting ~~reclassifications,~~company ~~mergers,~~on ~~consolidations~~June or3, ~~purchases~~2019 orafter ~~sales~~we ofhad ~~any~~filed ~~significant amount~~a ofprospectus ~~assets~~that ~~not~~relates into the ~~ordinary~~offering ~~course~~ of ~~business~~a ~~since~~total ~~the date~~ of ~~incorporation.~~5,000,000 ~~The~~shares ~~Company~~of ~~has~~our ~~never~~common ~~been~~stock ~~party~~on toa ~~any~~“self-underwritten” ~~bankruptcy,~~basis ~~receivership~~at ora ~~similar~~fixed ~~proceeding,~~price ~~nor~~of ~~has~~$0.01 itper ~~undergone~~share. ~~any~~In ~~material~~October ~~reclassification~~2019, ~~merger, consolidation,~~we ~~purchase~~completed orthe sale of a5,000,000 ~~significant~~common ~~amount~~shares at the price of ~~assets~~a ~~not~~$0.01 inper ~~the~~share ~~ordinary~~for ~~course~~total proceeds of ~~business~~$50,000.

10There have been no material reclassifications, mergers, consolidations or purchases or sales of any significant amount of assets not in the ordinary course of business since the date of incorporation. The Company has never been party to any bankruptcy, receivership or similar proceeding, nor has it undergone any material reclassification, merger, consolidation, purchase or sale of a significant amount of assets not in the ordinary course of business.

Since inception, we have not generated consistent revenues and have incurred a cumulative net loss as reflected in the financial statements. We have minimal assets and have incurred losses since inception. Our limited start-up operations have consisted of the formation of our business plan and identification of our target market.10

~~Our~~Since ~~auditors~~inception, we have ~~issued~~not agenerated ~~going~~consistent ~~concern~~revenues ~~opinion.~~and ~~This~~have ~~means~~incurred ~~that~~a ~~there~~cumulative isnet ~~substantial~~loss ~~doubt~~as ~~that~~reflected wein ~~can~~the ~~continue~~financial ~~as an~~statements. ~~ongoing~~We ~~business~~have ~~for~~minimal ~~the~~assets ~~next~~and ~~twelve~~have ~~months~~incurred losses since inception. ~~This~~Our islimited ~~because~~start-up weoperations have ~~not~~consisted ~~generated~~of ~~any~~the ~~revenues~~formation of our business plan and noidentification ~~revenues~~of ~~are~~our ~~anticipated~~target market.

~~Plan~~In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management’s plan is to obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking third party equity and/or debt financing. However, management cannot provide any assurances that the Company will be successful in accomplishing any of ~~Operation~~its plans. There is substantial doubt about the Company’s ability to continue as a going concern within one year after the date that the audited financial statements are issued.

~~About~~Plan ~~Our~~of ~~Company~~Operation

~~Since~~About ~~our incorporation on July 21, 2017, we have been engaged only in organizational and planning activities, and we have not generated any revenues.~~ Our ~~organizational and planning activities to date have consisted as follows:~~Company

a.Since ~~Filing~~our ofincorporation ~~our~~on ~~registration~~July ~~statement~~21, ~~and~~2017, ~~the~~we ~~Company~~have ~~became~~been aengaged ~~reporting~~only ~~company~~in onorganizational ~~June~~and 3planning activities, ~~2019;~~and we have not generated any revenues. Our organizational and planning activities to date have consisted as follows:

a. The Company became a reporting company on June 3, 2019 after we had filed a prospectus that relates to the offering of a total of 5,000,000 shares of our common stock on a “self-underwritten” basis at a fixed price of $0.01 per share. In October 2019, we completed the sale of 5,000,000 common shares at the price of a $0.01 per share for total proceeds of $50,000. b. ~~Investigation~~We are negotiating with a landlord for short term of their premises and plan to lease the storage space in February 2020 c. We have identified suppliers of shelving material and will acquire these in February ; d. We have receive interest in our services from five (5) potential customers to date and plan sign these in late January 2020.

c.We ~~Investigation~~anticipate achieving the following specific business milestones in the 12 months following the completion of ~~website~~our ~~development;~~offering:

d1. We plan to lease premises for our initial storage operations in the vicinity of the city of Margao in the state of Goa, India. We anticipate signing a one-year lease for our facilities at a cost of $250 per month, which we will have ~~identified~~the ~~three~~option (to extend to accommodate approximately 2,000 storage boxes that includes the potential to expand the amount of space we lease as our need for space increases. We anticipate that our rent for the first year of operations will be about $3),000; 2. We will approach various organizations for services. We plan to retain two salespersons to directly market our services to potential customers. The pay rates for such employees would be negotiable and based on commission rates based on business generated. We anticipate that any wages would be paid from revenue that we earn and would not impact our use of proceeds. Based on our success in generating business, we would expand our sales force. As our business develops, Ms. Mulla’s role would transition from client consultant to ~~date;~~a manager of all of our sales consultants. Initially, she would also operate our storage facility along with two to three paid part-time employees. We anticipate that the costs of retaining these employees will be approximately $4,000 in our initial year of operations. 3. We intend to be been listed by FINRA and plan make application for DTC eligibility in January 2020.

~~e. We are discussing with potential investors in our Company to sell 5,000,000 common shares at the price of a $0.01 per share for total proceeds of $50,000.~~11

We ~~anticipate~~intend ~~achieving~~to fund the ~~following~~above-noted ~~specific~~expenses ~~business~~from ~~milestones~~the inproceeds ~~the~~of 12our ~~months~~offering. ~~following~~The ~~the~~table ~~completion~~below ofoutlines our ~~offering~~ estimated start-up expenses:

1. We intend to complete the sale of 5,000,000 common shares at the price of a $0.01 per share for total proceeds of $50,000 before the end of September 2019;

	Year 1		Year 2		Year 3
Costs associated with being a reporting issuer	$	20,000	$	20,000	$	20,000
Costs associated with registration statement		9,000		-		-
Legal fees		2,000		2,000		2,000
Transfer Agent		3,000		5,000		5,000
Website and brochures		500		3,000		3,000
Rent		3,000		6,000		12,000
Shelving, furniture and equipment		4,000		5,000		5,000
Boxes and containers		1,500		4,000		6,000
Insurance		1,000		1,000		2,000
Staffing		4,000		8,000		13,000
Contracted Services (delivery and pick-up)		1,000		4,000		6,000
Computer equipment, installations, and training		1,000		15,000		20,000
Total	$	50,000	$	73,000	$	94,000

2.We ~~For~~do anot ~~period~~expect ~~of one~~ to ~~three~~realize ~~months~~any ~~from~~revenues the date of completion of the offering, our president, Chasma Mulla, will retain a web designer for the purpose of developing our corporate website that will describe the services that we offer, provide potential clients with the ability to contact us to request services or ask questions about the services that we offer. Ms. Mulla will be responsible for providing the content for the website. In addition, she intends to retain a search engine optimization and ~~e-business~~do ~~consultant~~not ~~that~~expect ~~will aid us in developing an Internet and social media presence and assure that our website is highly visible~~ to ~~potential~~commence ~~clients~~operations ~~that~~until ~~search~~approximately ~~for~~February us2020. ~~We anticipate that our website design and implementation will cost us about $600;~~

~~3. Concurrently with the development of our website~~Currently, ~~we plan to lease premises for~~ our ~~initial~~President ~~storage~~devotes ~~operations~~approximately in5% ~~the vicinity~~ of ~~the~~her ~~city~~business oftime ~~Margao~~to in the ~~state~~Company’s ofoperations. ~~Goa, India~~Ms. WeMulla ~~anticipate~~has ~~signing~~indicated athat ~~one-year~~she ~~lease~~is ~~for~~willing ~~our~~to ~~facilities~~spend atmore atime ~~cost~~with ~~of $250 per month, which we will have~~ the ~~option~~business toas ~~extend~~it ongrows, aand ~~month-to-month~~her ~~basis~~services ~~following~~are ~~the initial lease term~~needed. We ~~plan~~anticipate ~~to select a location~~ that ~~can~~she ~~accommodate~~will ~~approximately~~be ~~2,000~~required ~~storage boxes that includes the potential~~ to ~~expand~~spend ~~the~~about ~~amount~~20 ofhours ~~space~~a weweek ~~lease~~on asmatters ~~our~~relating ~~need~~to ~~for space increases. We anticipate that~~ our ~~rent~~business ~~for~~when ~~the first year of~~ operations ~~will be about $3,000;~~commence.

4.Investors ~~Once~~should ~~our~~be ~~website~~aware ~~and~~that ~~social~~there ~~media~~is ~~presences~~substantial ~~are~~doubt ~~operational,~~as ~~Ms.~~to ~~Mulla~~our ~~will~~ability ~~retain~~to ancontinue ~~electronic~~as ~~and~~a ~~media~~going ~~consultant~~concern. toThis ~~design~~means ~~electronic~~that ~~and~~there ~~print~~is ~~brochures~~substantial doubt that ~~will~~we ~~incorporate~~can ~~our~~continue as an on-going business ~~logo~~for ~~and~~the ~~will~~next ~~include~~12 ~~our~~months. ~~mission~~This ~~statement,~~opinion ~~details~~is ofbased on our ~~services~~suffering initial losses, having limited operations, and ~~contact~~having ~~information~~limited working capital. WeOur ~~anticipate~~only ~~that~~source ~~these~~for ~~steps~~cash ~~will~~at ~~take~~this ~~approximately~~time ~~one~~is ~~month.~~investments Asor weloans ~~develop~~by aothers ~~client~~in ~~list~~our Company. However, we ~~will~~do ~~distribute~~not ~~this~~have ~~electronic~~any ~~brochure~~written ~~via~~agreements ~~email~~in toplace ~~potential~~for ~~clients~~any ininvestments ~~accordance~~or ~~with~~loans ~~applicable~~from ~~laws~~third ~~governing~~parties. ~~online~~We ~~solicitation~~must raise cash to implement our projects and expand our operations. ~~This~~Management’s ~~may~~plan ~~include~~is to obtain such resources for the ~~purchase~~Company ofby ~~third-party~~obtaining ~~client~~capital ~~lists~~from ~~that~~management ~~contain~~and ~~the~~significant ~~names~~shareholders ofsufficient ~~people~~to ~~that~~meet ~~may~~its beminimal ~~interested~~operating inexpenses ~~the~~and ~~services~~seeking ~~that~~third weparty ~~provide~~equity and/or debt financing. WeHowever, ~~anticipate~~management ~~that~~cannot ~~the~~provide ~~design~~any ofassurances that the ~~electronic~~Company ~~brochure~~will ~~and~~be ~~related~~successful ~~marketing~~in ~~efforts~~accomplishing ~~will~~any ~~cost~~of ~~approximately~~its ~~$400;~~plans.

11Since we became a reporting company, we are responsible for filing various forms with the United States Securities and Exchange Commission (the “SEC”) such as Form 10-K and Form 10-Qs. The shareholders may read and copy any material filed by us with the SEC at the SEC’s Public Reference Room at 100 F Street N.W., Washington, DC, 20549. The shareholders may obtain information on the operations of the Public Reference Room by calling the SEC at 1-800-SEC-0330. The SEC maintains an Internet site that contains reports, proxy and information statements, and other information which we have filed electronically with the SEC by assessing the website at the following address: http://www.sec.gov.

5.Results Once we have created a print brochure, we will retain two salespersons to directly market our services to potential customers. The pay rates for such employees would be negotiable and based on commission rates based on business generated. We anticipate that any wages would be paid from revenue that we earn and would not impact our use of proceeds. Based on our success in generating business, we would expand our sales force. As our business develops, Ms. Mulla’s role would transition from client consultant to a manager of all of our sales consultants. Initially, she would also operate our storage facility along with two to three paid part-time employees. We anticipate that the costs of retaining these employees will be approximately $4,000 in our initial year of operations.Operations

6We have not earn any revenues since our inception on July 21, 2017. We ~~intend~~do not expect to berealize ~~been~~any ~~listed~~revenues byuntil ~~FINRA~~we ~~and~~execute ~~make~~our ~~application~~business ~~for~~plan. ~~DTC~~Since ~~eligibility~~inception, we sold 11,000,000 shares of common stock total proceeds of $56,000.

WeFor ~~intend~~the tothree ~~fund~~months ~~the~~ended ~~above-noted~~ November 30, 2019, we have incurred total operating expenses ~~from~~in the ~~proceeds~~amount of ~~our~~$7,971, ~~offering.~~comprised ~~The~~of ~~table~~professional ~~below~~fees ~~outlines~~totaling ~~our~~$6,737 ~~estimated~~and ~~start-up~~general ~~expenses:~~and administration charges totaling $1,029.

	Year 1		Year 2		Year 3
Costs associated with being a reporting issuer	$	13,000	$	13,000	$	13,000
Costs associated with registration statement		9,000		-		-
Legal fees		5,000		6,000		6,000
Transfer Agent		3,000		5,000		5,000
Website and brochures		1,000		3,000		3,000
Rent		3,000		6,000		12,000
Shelving, furniture and equipment		5,000		5,000		5,000
Boxes and containers		2,000		4,000		6,000
Insurance		1,000		1,000		2,000
Staffing		4,000		8,000		13,000
Contracted Services (delivery and pick-up)		1,000		4,000		6,000
Computer equipment, installations, and training		2,244		15,000		20,000
Total	$	50,000	$	70,000	$	91,000

WeFor dothe ~~not~~three ~~expect~~months toended ~~realize~~November ~~any~~30, ~~revenues and~~2018, dowe ~~not~~have ~~expect~~incurred tototal ~~commence~~operating ~~operations~~expenses ~~until~~in ~~approximately~~the ~~January~~amount ~~2020.~~of ~~Our~~$4,566, ~~independent~~comprised ~~auditor~~of ~~has~~professional ~~issued~~fees atotaling ~~report on our audited financial statements which expresses substantial doubt about our ability to continue as a going concern~~$4,500.

~~Currently,~~We ~~our~~have ~~President~~not ~~devotes~~incurred ~~approximately~~any 5%expenses offor ~~her~~research ~~business~~and ~~time~~development tosince ~~the Company’s operations~~inception. ~~Ms.~~As ~~Mulla~~a ~~has indicated~~result ~~that~~of ~~she~~operating islosses, ~~willing~~there tohas ~~spend~~been ~~more~~no ~~time~~provision ~~with~~for the ~~business~~payment asof itincome ~~grows,~~taxes ~~and~~from ~~her~~the ~~services~~date ~~are~~of ~~needed~~inception. ~~We anticipate that she will be required to spend about 20 hours a week on matters relating to our business when operations commence.~~

~~Investors~~Liquidity should be aware that our independent auditors have issued an audit opinion which includes a statement expressing substantial doubt as to our ability to continue as a going concern. This means that our auditors believe there is substantial doubt that we can continue as an on-going business for the next 12 months. Our auditor's opinion is based on our suffering initial losses, having limited operations, and ~~having~~Capital limited working capital. Our only source for cash at this time is investments or loans by others in our Company. However, we do not have any written agreements in place for any investments or loans from third parties. We must raise cash to implement our projects and expand our operations. Management’s plan is to obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking third party equity and/or debt financing. However, management cannot provide any assurances that the Company will be successful in accomplishing any of its plans.Resources

12As of November 30, 2019, we had a cash balance of $44,423.

~~Since~~We wehave ~~became~~raised a$50,000, ~~reporting~~to ~~company,~~complete our plan of operation for the next 12 months and we ~~are~~believe ~~responsible~~we have sufficient current cash to cover our expenses for filing ~~various~~required ~~forms~~quarterly ~~with~~and ~~the~~annual ~~United~~reports ~~States~~with the Securities and Exchange Commission ~~(the~~and ~~“SEC”)~~fund ~~such~~our asplan ~~Form~~of ~~10-K~~operation. ~~and~~We ~~Form~~anticipate ~~10-Qs.~~our ~~The~~costs ~~shareholders~~of ~~may~~being ~~read~~a ~~and~~reporting ~~copy~~company ~~any~~to ~~material~~be ~~filed~~approximately by$20,000 usannually in connection with our public filings that will have to be made with the SEC aton a quarterly basis. If needed, we may get additional funding from advances from related parties and/or from equity financing from the ~~SEC’s~~sale ~~Public~~of ~~Reference~~our ~~Room~~common atstock, ~~100~~if Fwe ~~Street~~are Nable to sell such stock.~~W.,~~ ~~Washington,~~If DCwe are successful in completing an equity financing, ~~20549. The~~existing shareholders ~~may~~ ~~obtain~~will ~~information~~experience ondilution of their interest in our Company. We do not have any financing arranged and we cannot provide investors with any assurance that we will be able to raise sufficient funding from the ~~operations~~sale of ~~the~~our ~~Public~~common ~~Reference~~stock ~~Room~~to byfund ~~calling~~our plan of operation. In the ~~SEC~~absence atof ~~1-800-SEC-0330. The~~such ~~SEC~~financing, ~~maintains~~our anbusiness ~~Internet~~will ~~site~~fail. There are no assurances that ~~contains~~we ~~reports,~~will ~~proxy~~be ~~and~~able ~~information~~to ~~statements,~~achieve ~~and~~further sales of our common stock or any other ~~information~~form ~~which~~of additional financing. If we ~~have~~are ~~filed electronically~~unable ~~with~~to achieve the ~~SEC~~financing bynecessary ~~assessing~~to ~~the~~continue ~~website~~our atplan of operations, then we will not be able to continue our plan of operation for the ~~following~~next ~~address: http://www~~12 months and our business will fail.~~sec.gov.~~

~~Results~~Due to our lack of ~~Operations~~operating history and present inability to generate revenues, there currently exists a substantial doubt about our ability to continue as a going concern.

~~Results~~The detailed analysis of ~~Operations~~the risk factors is disclosed our Company’s registration statement Form S-1 as filed with the Securities and Exchange Commission.

WeFuture ~~did~~Financings not earn any revenues for the three months ended May 31, 2019 and from inception on July 21, 2017 to May 31, 2019. We do not expect to realize any revenues until we are able to execute our business plan.

~~For~~At ~~the~~our ~~nine~~present, ~~months~~we ~~ended~~do ~~May~~not ~~31,~~anticipate ~~2019,~~that we ~~have~~will ~~incurred~~require ~~total~~additional ~~operating~~financing ~~expenses~~ in ~~the~~order ~~amount~~to ofenable ~~$7,812,~~us ~~comprised of~~to ~~professional~~proceed ~~fees~~with ~~totaling~~our ~~$6,250~~plan ~~and~~of ~~filing fees for the registration statement and related costs~~operations.

~~For~~If ~~the~~we ~~three~~require ~~months~~additional ~~ended~~financing, ~~May~~there 31can be no assurance that additional financing will be available to us when needed or, ~~2019~~if available, wethat ~~have~~it ~~incurred~~can ~~total~~be ~~operating~~obtained ~~expenses~~on incommercially reasonable terms. If we are not able to obtain the ~~amount~~additional offinancing $3on a timely basis,~~246,~~ ~~comprised of~~we ~~professional~~will ~~fees~~not ~~totaling~~be ~~$1,750~~able ~~and~~to ~~filing~~meet ~~fees~~our ~~for~~other ~~the~~obligations ~~registration~~as ~~statement~~they become due. We are pursuing various alternatives to meet our immediate and ~~related~~long-term ~~costs~~financial requirements.

We ~~have~~anticipate ~~not~~continuing ~~incurred~~to ~~any~~rely ~~expenses~~on ~~for~~equity ~~research~~sales ~~and~~of ~~development~~our ~~since~~common ~~inception~~stock in order to fund our business operations. AsIssuances aof additional shares will result ofin ~~operating~~dilution ~~losses, there~~to ~~has~~existing ~~been~~stockholders. There is no ~~provision~~assurance ~~for~~that ~~the~~we ~~payment~~will achieve any additional sales of ~~income~~equity ~~taxes~~securities ~~from~~or ~~the~~arrange ~~date~~for ofdebt ~~inception~~or other financing to fund our planned business activities.

~~Liquidity~~There is substantial doubt that we can continue as an on-going business for the next twelve months unless we generate sufficient revenues. There is no assurance we will ever reach that point. In the meantime, the continuation of the Company is dependent upon the continued financial support from our shareholders, our ability to obtain necessary equity financing to continue operations and ~~Capital~~the ~~Resources~~attainment of profitable operations.

AsOur ofoperations ~~May~~and ~~31,~~financial ~~2019,~~results weare ~~had~~subject ato ~~cash~~various ~~balance~~risks ofand $3uncertainties that could adversely affect our business,~~100~~ financial condition and results of operations.

WeOff-Balance doSheet not have sufficient current cash to cover our expenses for filing required quarterly and annual reports with the Securities and Exchange Commission or to fund our plan of operation. We must raise minimum $50,000, to complete our plan of operation for the next 12 months. We anticipate our costs of being a reporting company to be approximately $13,000 annually in connection with our public filings that will have to be made with the SEC on a quarterly basis. Additional funding will likely come from equity financing from the sale of our common stock, if we are able to sell such stock. If we are successful in completing an equity financing, existing shareholders will experience dilution of their interest in our Company. We do not have any financing arranged and we cannot provide investors with any assurance that we will be able to raise sufficient funding from the sale of our common stock to fund our plan of operation. In the absence of such financing, our business will fail. There are no assurances that we will be able to achieve further sales of our common stock or any other form of additional financing. If we are unable to achieve the financing necessary to continue our plan of operations, then we will not be able to continue our plan of operation for the next 12 months and our business will fail.Arrangements

~~Due~~We tohave ~~our~~no ~~lack~~off-balance ofsheet ~~operating~~arrangements ~~history~~including ~~and~~arrangements ~~present~~that ~~inability~~would toaffect ~~generate~~our ~~revenues~~liquidity, ~~our~~capital ~~auditors~~resources, ~~have~~market ~~stated~~risk ~~their opinion~~support ~~that~~and ~~there~~credit ~~currently~~risk ~~exists~~support aor ~~substantial~~other ~~doubt about our ability to continue as a going concern~~benefits.

~~Going~~Item ~~Concern~~3. ~~Consideration~~Qualitative and Quantitative Disclosure about Market Risks

~~We have not generated any revenues since inception.~~ As ofa ~~May~~“smaller ~~31,~~reporting ~~2019~~company,” we ~~had~~are ~~accumulated~~not ~~losses~~required ~~of $19,749. Our independent auditors included an explanatory paragraph in their report on the accompanying financial statements regarding concerns about our ability~~ to ~~continue~~provide ~~as a going concern. Our financial statements contain additional note disclosures describing~~ the ~~circumstances~~information ~~that~~required ~~lead to this disclosure~~ by ~~our~~Item ~~independent auditors~~3. Our financial statements do not include any adjustments related to the recoverability or classification of asset-carrying amounts or the amounts and classifications of liabilities that may result should the Company be unable to continue as a going concern.

~~Off-Balance Sheet Arrangements~~13

WeItem ~~have~~4. noControls ~~off-balance sheet arrangements including arrangements that would affect our liquidity, capital resources, market risk support~~ and ~~credit risk support or other benefits~~Procedures.

AsDisclosure acontr4ols ~~“smaller reporting~~and ~~company,” we are not required to provide the information required by Item 3.~~procedures

13Evaluation of Disclosure Controls and Procedures

~~Evaluation~~Our Principal Executive Officer and Principal Financial Officer, after evaluating the effectiveness of ~~Disclosure~~our ~~Controls~~disclosure controls and ~~Procedures~~procedures (as defined in Rule 13a-15(e) and 15d-15(e) under the Exchange Act) as of the end of the period covered by this report, have concluded that, as of November 30, 2019, our disclosure controls and procedures were not effective due to the presence of material weaknesses in internal control over financial reporting.

~~Our~~A ~~Principal~~material ~~Executive~~weakness ~~Officer~~is ~~and~~a ~~Principal~~deficiency, ~~Financial~~or ~~Officer~~a combination of deficiencies, ~~after~~in ~~evaluating~~internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the ~~effectiveness~~company’s annual or interim financial statements will not be prevented or detected on a timely basis. Management has identified the following material weaknesses which have caused management to conclude that, as of November 30, 2019, our disclosure controls and procedures ~~(as~~were ~~defined~~not ineffective: ~~Rule 13a-15~~(ei) ~~and~~lack ~~15d-15(e)~~of ~~under~~a ~~the~~functioning ~~Exchange~~audit ~~Act)~~committee, asresulting ofin ~~the~~ineffective ~~end~~oversight ofin the ~~period~~establishment ~~covered~~and bymonitoring ~~this~~of ~~report,~~required ~~have~~internal ~~concluded~~controls ~~that,~~and ~~based~~procedures; on(ii) ~~the~~inadequate ~~evaluation~~segregation of ~~these~~duties ~~controls~~consistent with control objectives; and ~~procedures,~~(iii) ~~that~~ineffective ~~our~~controls over period end financial disclosure ~~controls~~ and ~~procedures~~reporting ~~were effective~~processes.

Controls and Procedures over Financial Reporting

~~Additionally,~~There ~~there~~ were no changes in our internal ~~controls~~control over financial reporting orduring inthe ~~other~~quarter ~~factors~~ended ~~that~~November ~~could significantly~~30, ~~affect~~2019, ~~these~~that ~~controls subsequent to the evaluation date. We~~ have ~~not~~materially ~~identified~~affected, ~~any~~or ~~significant~~are ~~deficiencies~~reasonably orlikely ~~material~~to ~~weaknesses~~materially inaffect, our internal ~~controls,~~control ~~and~~over ~~therefore~~financial ~~there were no corrective actions taken~~reporting.

~~PART II - OTHER INFORMATION~~14

~~Item~~PART ~~1. Legal~~II ~~Proceedings.~~- OTHER INFORMATION

~~The~~Item ~~Company currently is not a party to any legal proceedings and, to the Company’s knowledge; no such proceedings are threatened or contemplated~~1.

~~Item~~Legal 1AProceedings. ~~Risk Factors.~~

WeThe ~~are~~Company acurrently ~~smaller~~is ~~reporting~~not ~~company~~a asparty ~~defined~~to byany ~~Rule~~legal ~~12b-2~~proceedings ofand, to the ~~Securities~~Company’s ~~Exchange~~knowledge; ~~Act~~no ofsuch ~~1934~~proceedings ~~and~~ are ~~not required~~threatened toor ~~provide the information under this item~~contemplated.

Item 21A. ~~Unregistered~~Risk ~~Sales of Equity Securities and Use of Proceeds:~~ Factors

~~None~~We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

Item 32. ~~Default~~Unregistered ~~Upon Senior~~Sales of Equity Securities: and Use of Proceeds:

None.

~~Item~~Recent 4.Sales ~~Mine~~of ~~Safety~~Unregistered ~~Disclosures.~~ Securities

~~None~~ The Company registration statement (Form S-1) became effective on June 3, 2019. The registration statement registered the offer and sale of 5,000,000 common stock at a price of $0.01 per share. In the quartered ended November 30, 2019, the Company completed the sale of 5,000,000 common stock registered at public offering price of $0.01 per share for total proceeds of $50,000.

~~Item~~There 5.has ~~Other Information~~been no material change in the planned use of proceeds from our IPO from that described in the registration statement (From S-1) filed with the SEC pursuant to Rule 424(b)(4).

~~None.~~Purchase of Equity Securities

~~Item 6~~None. ~~Exhibits.~~

aItem 3. ~~Exhibits~~Default Upon Senior Securities:

Exhibit Number		Description of Exhibit
31.1		Certification of Principal Executive Officer and Principal Financial Officer pursuant to 18 U.S.C.§ 1350, as adopted pursuant to § 302 of the Sarbanes-Oxley Act of 2002.
32.1		Certification of Principal Executive Officer and Principal Financial Officer pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002.
101.INS		XBRL Instance Document
101.SCH		XBRL Taxonomy Extension Schema Document
101.CAL		XBRL Taxonomy Extension Calculation Linkbase Document
101.LAB		XBRL Taxonomy Extension Label Linkbase Document
101.PRE		XBRL Taxonomy Extension Presentation Linkbase Document
101.DEF		XBRL Taxonomy Extension Definition Linkbase Document

None.

14Item 4. Mine Safety Disclosures:

~~SIGNATURES~~None.

InItem ~~accordance~~5. ~~with~~Other ~~the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereto duly authorized.~~Information:

~~YUMBA RECORDS STORAGE, INC~~None. ~~Date: July 22, 2019 By: /s/ Chasma Mulla Chasma Mulla Chief Executive Officer~~

~~YUMBA RECORDS STORAGE, INC. Date: July 22, 2019 By: /s/ Chasma Mulla Chasma Mulla Chief Financial Officer and Director~~15

15Item 6. Exhibits and Reports on Form 8-K.

a. Exhibits

Exhibit Number		Description of Exhibit
31.1		Certification of Principal Executive Officer and Principal Financial Officer pursuant to 18 U.S.C.§ 1350, as adopted pursuant to § 302 of the Sarbanes-Oxley Act of 2002.
32.1		Certification of Principal Executive Officer and Principal Financial Officer pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002.
101.INS*		XBRL Instance Document
101.SCH*		XBRL Taxonomy Extension Schema Document
101.CAL*		XBRL Taxonomy Extension Calculation Linkbase Document
101.LAB*		XBRL Taxonomy Extension Label Linkbase Document
101.PRE*		XBRL Taxonomy Extension Presentation Linkbase Document
101.DEF*		XBRL Taxonomy Extension Definition Linkbase Document

SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereto duly authorized.

	YUMBA RECORDS STORAGE, INC.

Date: January 21, 2020	By:	/s/ Chasma Mulla
		Chasma Mulla
		Chief Executive Officer

	YUMBA RECORDS STORAGE, INC.

Date: January 21, 2020	By:	/s/ Chasma Mulla
		Chasma Mulla
		Chief Financial Officer and Director

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