Consolidated Statements of Operations (USD $)
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3 Months Ended | 12 Months Ended | |||||
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Jun. 30, 2012
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Jun. 30, 2011
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Mar. 31, 2012
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Mar. 31, 2011
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REVENUE | |||||||
NET SALES | $ 16,917 | $ 18,653 | $ 72,692 | $ 82,715 | |||
COST OF SALES | |||||||
Materials | 5,882 | 6,520 | 26,816 | 34,639 | |||
Payroll expenses | 4,248 | 4,006 | 15,731 | 15,640 | |||
Rent | 3,656 | 5,104 | 19,216 | 20,648 | |||
Total cost of sales | 13,786 | 15,630 | 61,763 | 70,927 | |||
GROSS PROFIT | 3,131 | 3,023 | 10,929 | 11,788 | |||
OPERATING EXPENSES: | |||||||
Professional fees | 3,270 | 0 | 13,318 | 825 | |||
General and administrative expenses | 1,681 | 1,751 | 7,346 | 9,186 | |||
Total operating expenses | 4,951 | 1,751 | 20,664 | 10,011 | |||
INCOME (LOSS) BEFORE INCOME TAXES | (1,820) | 1,272 | (9,735) | 1,777 | |||
INCOME TAXES | 0 | 0 | 0 | 0 | |||
NET INCOME (LOSS) | (1,820) | 1,272 | (9,735) | [1] | 1,777 | ||
Pro Forma Financial Information: | |||||||
Income (Loss) Before Income Taxes | (1,820) | 1,272 | (9,735) | 1,777 | |||
Pro Forma Income Tax Provision | 0 | (432) | 0 | (604) | |||
Pro Forma Net Income (Loss) | $ (1,820) | $ 840 | $ (9,735) | $ 1,173 | |||
NET LOSS PER COMMON SHARE | |||||||
- BASIC AND DILUTED: | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 | |||
Weighted common shares outstanding | |||||||
- basic and diluted | 10,530,000 | 10,000,000 | 10,065,062 | 10,000,000 | |||
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No authoritative reference available. No definition available.
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- Definition
The pro forma net Income or Loss for the period as if the business combination or combinations had been completed at the beginning of a period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total costs related to goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Cost of materials used in services rendered by an entity during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. No definition available.
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- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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Rental expense for the reporting period incurred under operating leases, including minimum and any contingent rent expense, net of related sublease income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of payroll tax expense, compensation, postemployment and benefit-related expenses not elsewhere specified in the taxonomy (such as health plan, profit sharing, incentives, tuition reimbursement, other fringe benefits and perquisites) incurred in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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