v3.21.1

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	9 Months Ended
	Feb. 28, 2021	Feb. 29, 2020
Operating Activities:
Net loss	$ (21,816)	$ (19,061)
Changes in Operating Assets and Liabilities-
Accounts receivable	1,399	0
Inventory	1,763	(1,249)
Prepaids and other current assets	(42)	(969)
Accounts payable and accrued liabilities	1,117	668
Accounts payable - related party	3,936	14,653
Interest on loan payable - related party	961	787
Net Cash Provided by (Used in) Operating Activities	(12,682)	(5,171)
Investing Activities	0	0
Proceeds from issuance of common stock	0	24,275
Net Cash Provided by Financing Activities	0	24,275
Effects of exchange rates on cash	421	(476)
Net Change in Cash	(12,261)	18,628
Cash - Beginning of Period	17,509	17
Cash - End of Period	5,248	18,645
Cash paid during the period for:
Interest	0	0
Income tax paid	$ 0	$ 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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=118932676&loc=d3e3044-108585

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 45
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=118951113&loc=d3e6676-107765

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.1)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

HYGGE INTEGRATED BRANDS CORP. 10-Q