v3.20.2

Statement of Cash Flows - USD ($)	12 Months Ended
Statement of Cash Flows - USD ($)	Jun. 30, 2020	Jun. 30, 2019
Statement of Cash Flows
Net Loss After Tax	$ (29,418)	$ (16,244)
Bad debt Expense	0	211
Accounts Receivable	0	330
Accounts Payable	92	(101)
Prepaid expenses	(10)	(56)
Net Cash from Operating Activities	(29,336)	(15,860)
Related Party Loan	18,167	2,168
Proceeds from Sale of Common Shares	0	21,200
Net Cash Provided by Financing Activities	18,167	23,368
Net Increase (Decrease) in Cash	(11,169)	7,508
Cash, Beginning of Period	15,106	7,598
Cash, End of Period	$ 3,937	15,106
Cash Paid for: Interest		0
Cash Paid for: Income Taxes		$ 0

Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.

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Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes.

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The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income, net of any cash received during the current period as refunds for the overpayment of taxes.

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The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services.

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Amount of cash paid for interest, excluding capitalized interest, classified as operating activity. Includes, but is not limited to, payment to settle zero-coupon bond for accreted interest of debt discount and debt instrument with insignificant coupon interest rate in relation to effective interest rate of borrowing attributable to accreted interest of debt discount.

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Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.

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Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.

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The cash inflow from a long-term borrowing made from related parties where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth. Alternate caption: Proceeds from Advances from Affiliates.

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