false --04-30 2025 Q1 0001467845 0001467845 2024-05-01 2024-07-31 0001467845 2024-09-05 0001467845 2024-07-31 0001467845 2024-04-30 0001467845 2023-05-01 2023-07-31 0001467845 us-gaap:CommonStockMember 2020-04-30 0001467845 us-gaap:AdditionalPaidInCapitalMember 2020-04-30 0001467845 KUSA:ShareSubscriptionsReceivableMember 2020-04-30 0001467845 us-gaap:RetainedEarningsMember 2020-04-30 0001467845 2020-04-30 0001467845 us-gaap:CommonStockMember 2021-04-30 0001467845 us-gaap:AdditionalPaidInCapitalMember 2021-04-30 0001467845 KUSA:ShareSubscriptionsReceivableMember 2021-04-30 0001467845 us-gaap:RetainedEarningsMember 2021-04-30 0001467845 2021-04-30 0001467845 us-gaap:CommonStockMember 2022-04-30 0001467845 us-gaap:AdditionalPaidInCapitalMember 2022-04-30 0001467845 KUSA:ShareSubscriptionsReceivableMember 2022-04-30 0001467845 us-gaap:RetainedEarningsMember 2022-04-30 0001467845 2022-04-30 0001467845 us-gaap:CommonStockMember 2023-04-30 0001467845 us-gaap:AdditionalPaidInCapitalMember 2023-04-30 0001467845 KUSA:ShareSubscriptionsReceivableMember 2023-04-30 0001467845 us-gaap:RetainedEarningsMember 2023-04-30 0001467845 2023-04-30 0001467845 us-gaap:CommonStockMember 2024-04-30 0001467845 us-gaap:AdditionalPaidInCapitalMember 2024-04-30 0001467845 KUSA:ShareSubscriptionsReceivableMember 2024-04-30 0001467845 us-gaap:RetainedEarningsMember 2024-04-30 0001467845 us-gaap:CommonStockMember 2020-05-01 2021-04-30 0001467845 us-gaap:AdditionalPaidInCapitalMember 2020-05-01 2021-04-30 0001467845 KUSA:ShareSubscriptionsReceivableMember 2020-05-01 2021-04-30 0001467845 us-gaap:RetainedEarningsMember 2020-05-01 2021-04-30 0001467845 2020-05-01 2021-04-30 0001467845 us-gaap:CommonStockMember 2021-05-01 2022-04-30 0001467845 us-gaap:AdditionalPaidInCapitalMember 2021-05-01 2022-04-30 0001467845 KUSA:ShareSubscriptionsReceivableMember 2021-05-01 2022-04-30 0001467845 us-gaap:RetainedEarningsMember 2021-05-01 2022-04-30 0001467845 2021-05-01 2022-04-30 0001467845 us-gaap:CommonStockMember 2022-05-01 2023-04-30 0001467845 us-gaap:AdditionalPaidInCapitalMember 2022-05-01 2023-04-30 0001467845 KUSA:ShareSubscriptionsReceivableMember 2022-05-01 2023-04-30 0001467845 us-gaap:RetainedEarningsMember 2022-05-01 2023-04-30 0001467845 2022-05-01 2023-04-30 0001467845 us-gaap:CommonStockMember 2023-05-01 2024-04-30 0001467845 us-gaap:AdditionalPaidInCapitalMember 2023-05-01 2024-04-30 0001467845 KUSA:ShareSubscriptionsReceivableMember 2023-05-01 2024-04-30 0001467845 us-gaap:RetainedEarningsMember 2023-05-01 2024-04-30 0001467845 2023-05-01 2024-04-30 0001467845 us-gaap:CommonStockMember 2024-05-01 2024-07-31 0001467845 us-gaap:AdditionalPaidInCapitalMember 2024-05-01 2024-07-31 0001467845 KUSA:ShareSubscriptionsReceivableMember 2024-05-01 2024-07-31 0001467845 us-gaap:RetainedEarningsMember 2024-05-01 2024-07-31 0001467845 us-gaap:CommonStockMember 2024-07-31 0001467845 us-gaap:AdditionalPaidInCapitalMember 2024-07-31 0001467845 KUSA:ShareSubscriptionsReceivableMember 2024-07-31 0001467845 us-gaap:RetainedEarningsMember 2024-07-31 0001467845 2023-07-31 0001467845 2022-05-01 2023-07-31 iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure

Table of Contents

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 10-Q

 

( Mark One)

 

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

 

For the quarterly period ended July 31, 2024 or

 

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

 

For the transition period from __________ to__________

  

Commission File Number: 333-161240

 

Kashin, Inc.

(Exact name of registrant as specified in it's charter)

 

Nevada   26-4711535
(State or other jurisdiction of incorporation or organization)   (I.R.S. Employer Identification No.)
     
112 North Curry Street, Carson City, NV   89703-4934
(Address of principal executive offices)   (Zip Code)

 

(626) 429-2780

(Registrant's telephone number, including area code)

 

_____________________________________________________________

(Former name, former address and former fiscal year, if changed since last report)

 

Indicate 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 filing requirements for the past 90 days.  ☐ Yes   ☒ No

 

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted 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 was required to submit and post such files). ☐ Yes   ☒ No

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer Accelerated filer
Non-accelerated filer Smaller reporting company
(Do not check if a smaller reporting company) Emerging growth company

 

If an emerging growth company, indicate 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. ☐

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). ☐ Yes   ☒ No

 

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE YEARS:

 

Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court ☐ Yes   ☐ No

 

APPLICABLE ONLY TO CORPORATE ISSUERS:

 

As of September 5, 2024, the Company had 68,560,745 common shares issued and outstanding.

  

 

 

   

 

 

TABLE OF CONTENTS

 

 

PART I—FINANCIAL INFORMATION Page
     
Item 1 Financial Statements 4
     
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations 9
     
Item 3. Quantitative and Qualitative Disclosures About Market Risk 10
     
Item 4. Controls and Procedures 10
     
PART II—OTHER INFORMATION  
     
Item 1. Legal Proceedings 11
     
Item 1A. Risk Factors 11
     
Item 2. Unregistered Sales of Securities and Use of Proceeds 11
     
Item 3. Defaults Upon Senior Securities 11
     
Item 4. Mine Safety Disclosures 11
     
Item 5. Other Information 11
     
Item 6. Exhibits 11

 

 

 

 

 2 

 

 

KASHIN, INC

 

CONDENSED FINANCIAL STATEMENTS

 

July 31, 2024

 

Unaudited

 

 

  Page
CONDENSED BALANCE SHEETS 4
   
CONDENSED STATEMENTS OF OPERATIONS 5
   
CONDENSED STATEMENTS OF STOCKHOLDERS’ EQUITY 6
   
CONDENSED STATEMENTS OF CASH FLOWS 7
   
NOTES TO UNAUDITED CONDENSED INTERIM AUDITED FINANCIAL STATEMENTS 8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 3 

 

 

PART I. FINANCIAL INFORMATION

 

Item 1. Financial Statements

 

KASHIN, INC

 

CONDENSED BALANCE SHEETS

Unaudited

 

   July 31, 2024  April 30, 2024
       
ASSETS          
           
CURRENT ASSETS          
Cash  $17   $126 
TOTAL CURRENT ASSETS  $17   $126 
           
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)          
           
CURRENT LIABILITIES          
Accounts payable and accrued liabilities  $22,877   $19,832 
Other Payables   78,361    78,156 
Notes Payable   0    0 
TOTAL CURRENT LIABILITIES   101,238    97,988 
           
STOCKHOLDERS' EQUITY (DEFICIT)          
Capital stock – Authorized 75,000,000 shares of common stock, $0.001 par value, 68,560,745 and 63,560,745 issued and outstanding as of July 31, 2024 and April 30, 2024, respectively   68,561    63,561 
Additional Paid in Capital   494,328    494,303 
Accumulated deficit   (664,110)   (655,726)
TOTAL STOCKHOLDERS' EQUITY/(DEFICIT)   (101,221)   (97,862)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY/(DEFICIT)  $17   $126 

 

The accompanying notes are an integral part of these financial statements

 

 

 

 4 

 

 

KASHIN, INC

fka ONE CLEAN PLANET, INC.

 

CONDENSED STATEMENTS OF OPERATIONS

Unaudited

 

  

3 months

ended

 

3 months

ended

   July 31, 2024  July 31, 2023
REVENUE          
           
Revenues  $120,000   $ 
Total Revenues   120,000     
           
EXPENSES          
           
Office and general   696    6,030 
Professional Fees   127,688    25,000 
Total Expenses, before provision of income taxes   128,384    31,030 
           
Provision for income taxes        
           
NET LOSS  $(8,384)  $(31,030)
           
BASIC AND DILUTED LOSS PER COMMON SHARE  $   $ 
           
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING   68,560,745    53,560,745 

 

The accompanying notes are an integral part of these financial statements

 

All share and per share information has been retrospectively restated to reflect the 35:1 reverse split

 

 

 

 5 

 

 

KASHIN, INC

fka ONE CLEAN PLANET, INC.

 

CONDENSED STATEMENTS OF STOCKHOLDERS’ EQUITY

Unaudited

 

                   
   Common Stock  Additional  Share      
   Number of     Paid-in  Subscriptions  Accumulated   
   Shares  Amount  Capital  Receivable  Deficit  Total
Balance, April 30, 2020   28,560,745   $28,561   $494,019   $   $(632,645)  $(108,637)
                               
Net profit for the year ended April 30, 2021                   98,572    98,572 
                               
Balance, April 30, 2021   28,560,745   $28,561   $494,019   $   $(534,073)  $(11,493)
                               
Net profit for the year ended April 30, 2022                   (21,884)   (21,884)
                               
Balance, April 30, 2022   28,560,745   $28,561   $494,019   $   $(555,957)  $(33,377)
                               
Net profit for the year ended April 30, 2023                   (35,021)   (35,021)
Stock issued new   25,000,000    25,000                25,000 
                               
Balance, April 30, 2023   53,560,745   $53,561   $494,019   $   $(590,978)  $(43,398)
Additional Paid in Capital             284              284 
Net profit for the year ended April 30, 2024                   (64,748)   (64,748)
Stock issued new   10,000,000    10,000                10,000 
                               
Balance, April 30, 2024   63,560,745   $63,561   $494,303   $   $(655,726)  $(97,862)
Additional Paid in Capital             25              25 
Net profit for July 31, 2024                   (8,384)   (8,384)
Stock issued new   5,000,000    5,000                5,000 
                               
Balance, July 31, 2024   68,560,745   $68,561   $494,328   $   $(664,110)  $(101,221)

 

The accompanying notes are an integral part of these financial statements

 

 

 

 6 

 

 

KASHIN, INC

fka ONE CLEAN PLANET, INC.

 

CONDENSED STATEMENTS OF CASH FLOWS

Unaudited

 

   3 months  3 months
   ended  ended
   July 31, 2024  July 31, 2023
       
OPERATING ACTIVITIES          
Net loss  $(8,384)  $(31,030)
Adjustment to reconcile net loss to net cash used in operating activities:          
Stock issued for consulting services        
Expenses paid on company's behalf by related party   205    30,673 
Increase (decrease) in accounts payable   3,045    357 
           
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES   (5,134)    
           
FINANCING ACTIVITIES          
Proceeds from sale of common stock   5,000     
Notes Payable        
Loan from Related Party   25     
           
NET CASH PROVIDED BY FINANCING ACTIVITIES   5,025     
           
NET INCREASE (DECREASE) IN CASH   (109)    
           
CASH, BEGINNING OF PERIOD   126     
           
CASH, END OF PERIOD  $17   $ 
           
Supplemental cash flow & noncash financing activities:          
Common stock issued in exchange of payable assignment/settlement  $   $ 
           
Cash paid for:          
Interest  $   $ 
Income taxes  $   $ 

 

The accompanying notes are an integral part of these financial statements

 

 

 

 7 

 

 

KASHIN, INC.

NOTES TO THE INTERIM FINANCIAL STATEMENTS

Unaudited

 

July 31, 2024

 

NOTE 1 – CONDENSED FINANCIAL STATEMENTS

 

The accompanying financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows at July 31, 2024, and for all periods presented herein, have been made.

 

Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Company’s April 30, 2024 audited financial statements. The results of operations for the periods ended July 31, 2024 and the same period last year are not necessarily indicative of the operating results for the full years.

 

The Company changed its name on July 27, 2015 to Kashin, Inc. having received FINRA’s approval.

 

NOTE 2 – GOING CONCERN

 

The Company’s financial statements are prepared in accordance with generally accepted accounting principles applicable to a going concern. This contemplates the realization of assets and the liquidation of liabilities in the normal course of business. Currently, the Company has a working capital deficit of $101,220, an accumulated deficit of $664,110 and net loss from operations since inception of $664,110. The Company does not have a source of revenue sufficient to cover its operation costs giving substantial doubt for it to continue as a going concern. The Company will be dependent upon the raising of additional capital through placement of our common stock in order to implement its business plan, or merge with an operating company. There can be no assurance that the Company will be successful in either situation in order to continue as a going concern. The Company funded its initial operations by way of issuing Founder’s shares.

  

The officers and directors have committed to advancing certain operating costs of the Company, including Legal, Audit, Transfer Agency and Edgarizing costs.

 

NOTE 3 – CAPITAL STOCK

 

The Company’s capitalization was reduced to 75,000,000 common shares with a par value of $0.001 per share, on July 27, 2015. No preferred shares have been authorized or issued.

 

As of July 31, 2023, the Company has not granted any stock options and has recorded $25,000 stock-based compensation.

 

On July 31, 2024, the Company had 68,560,745 common shares issued and outstanding and on April 30, 2024 the Company had 63,560,745 common shares issued and outstanding.

 

NOTE 4 – RELATED PARTY TRANSACTIONS

 

The Company owes President, Caren Currier $78,361 for payments made on behalf of the company.

 

NOTE 5 – RECENT ACCOUNTING PRONOUNCEMENTS

 

The company has evaluated all the recent accounting pronouncements and believes that none of them will have a material effect on the company’s financial statement.

 

NOTE 6 – SUBSEQUENT EVENTS

 

On May 6,2023, Carl Maybin resigned as Officer and Director of KUSA and appointed Caren Currier as President and Director. Along with his resignation, Carl Maybin acknowledged that he is no longer owed any past compensation and forever cancels any and all indebtedness in both principal and interest.

 

 

 

 8 

 

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

 

This section of this report includes a number of forward-looking statements that reflect our current views with respect to future events and financial performance. Forward looking statements are often identified by words like: believe, expect, estimate, anticipate, intend, project and similar expressions or words which, by their nature, refer to future events. You should not place undue certainty on these forward-looking statements, which apply only as of the date of this report. These forward looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or our predictions.

 

Overview

 

On July 27, 2015, the Company approved and effected a name change to Kashin, Inc. Kashin, Inc. fka Singular Chef, Inc. ("the Company", "our" or "we") was incorporated in the State of Nevada as a for-profit company on April 09, 2009. The Company is a development stage company that intends to provide specialized step-by-step cooking tutorials through the website we are currently developing for monthly subscribers and on pay-per-view basis.

 

Results of Operations

 

The Company has not yet generated any revenue from its operations and has generated no revenues unrelated to its operations. Expenses for the three months ended July 31, 2024, were $8,384 resulting in a net loss of $8,384 as compared to expenses for the three months ended July 31, 2023 of $31,030 resulting in a net loss of $31,030. The net loss of $31,030 for the three months ended July 31, 2023 is a result of Revenues of $Nil, Office and general expenses of $357 consisting primarily of transfer agent fees and Professional Fees of 30,673 as compared to the net loss of $8,384 for the three months ended July 31, 2024 is a result of Revenues of $Nil, Office and general expenses of $8,384 consisting primarily of transfer agent fees and Professional Fees.

 

Capital Resources and Liquidity

 

Our auditors have issued a “going concern” opinion, meaning that there is substantial doubt if we can continue as an on-going business for the next twelve months unless we obtain additional capital. No substantial revenues are anticipated until we have implemented our plan of operations. With the exception of cash advances from our sole Officer and Director, our only source for cash at this time is investments by others. We must raise cash to implement our strategy and stay in business.

 

For the period ended July 31, 2024 and July 31, 2023, the Company had cash of $17 and Nil respectively. Accounts payable and accrued liabilities for the period ended July 31, 2024 were $22,877. The funds available to the Company will not be sufficient to fund the planned operations of the Company and maintain a reporting status.

    

As of July 31, 2024 and April 30, 2024, the Company has received $78,361 in loans and payment of expenses from a related party. As of July 31, 2023 and April 30, 2023, a second related party has paid expenses of $72,428 respectively, on behalf of the Company.

 

Off-balance sheet arrangements

 

Other than the situation described in the section titled Capital Recourses and Liquidity, the company has no off-balance sheet arrangements that have or are reasonably likely to have a current or future effect or change on the company's financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors. The term “off-balance sheet arrangement” generally means any transaction, agreement or other contractual arrangement to which an entity unconsolidated with the company is a party, under which the company has (i) any obligation arising under a guarantee contract, derivative instrument or variable interest; or (ii) a retained or contingent interest in assets transferred to such entity or similar arrangement that serves as credit, liquidity or market risk support for such assets.

 

 

 

 9 

 

 

Item 3. Quantitative and Qualitative Disclosures About Market Risk.

 

The Company is a smaller reporting Company as defined by Rule 12b-2 of the Securities Act of 1934 and we are not required to provide the information under this item.

 

Item 4. Controls and Procedures.

 

Disclosure Controls and Procedures

 

Disclosure controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in our reports filed or submitted under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported, within the time period specified in the SEC's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in our reports filed or submitted under the Securities Exchange Act of 1934 is accumulated and communicated to management including our principal executive officer and principal financial officer as appropriate, to allow timely decisions regarding required disclosure.

 

In connection with this quarterly report, as required by Rule 15d-15 under the Securities Exchange Act of 1934, we have carried out an evaluation of the effectiveness of the design and operation of our company's disclosure controls and procedures. This evaluation was carried out under the supervision and with the participation of our company's management, including our company's principal executive officer and principal financial officer. Based upon that evaluation, our company's principal executive officer and principal financial officer concluded that subject to the inherent limitations noted in this Part II, Item 9A(T) as of July 31, 2023, our disclosure controls and procedures were not effective due to the existence of material weaknesses in our internal controls over financial reporting.

 

Changes in Internal Control Over Financial Reporting

 

There were no changes in our internal control over financial reporting (as defined in Rule 13a-15(f) or 15d-15(f)) during the quarter ended July 31, 2024 that have materially affected, or are reasonably likely to materially affect, our internal controls over financial reporting.

 

 

 

 

 

 

 

 10 

 

 

PART II—OTHER INFORMATION

 

Item 1. Legal Proceedings.

 

The Company is not a party to any pending legal proceedings, and no such proceedings are known to be contemplated.

 

No director, officer, or affiliate of the Company and no owner of record or beneficial owner of more than 5.0% of the securities of the Company, or any associate of any such director, officer or security holder is a party adverse to the Company or has a material interest adverse to the Company in reference to pending litigation.

 

Item 1A. Risk Factors.

 

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Act of 1934 and are not required to provide the information under this item.

 

Item 2. Unregistered Sales of Securities and Use of Proceeds.

 

None

 

Item 3. Defaults Upon Senior Securities.

 

None

 

Item 4. Mine Safety Disclosures.

 

None

 

Item 5. Other Information.

 

During the quarter ended July 31, 2024, no director or officer of the Company adopted or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K.

 

Item 6. Exhibits.

 

31.1   Rule 13(a)-14(a)/15(d)-14(a) Certification of Chief Executive Officer
     
31.2   Rule 13(a)-14(a)/15(d)-14(a) Certification of Chief Financial Officer *
     
32.1   Section 1350 Certification of Chief Executive Officer
     
32.2   Section 1350 Certification of Chief Financial Officer **
     
101    XBRL Interactive Data Files

__________

* Included in Exhibit 31.1

 

** Included in Exhibit 32.1

 

 

 

 11 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

 

Kashin, Inc.

(Registrant)

 
       
Date: September 10, 2024 By: /s/ Caren Currier  
    Caren Currier  
   

President and Director

Principal and Executive Officer

Principal Financial Officer

Principal Accounting Officer

 

 

 

 

 

 

 

 

 

 

 

 12 

 

EXHIBIT 31.1

 

CERTIFICATIONS

 

I, Caren Currier, certify that:

 

 

1. I have reviewed this quarterly report of Kashin, Inc.;
   
2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
   
3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
   
4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in the Exchange Act Rules 13a-15(f) and 15d – 15(f)) for the registrant and have:

 

  a) Designed such disclosure controls and procedures, or caused such controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
     
  b) Designed such internal controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
     
  c) Evaluated the effectiveness of the registrants disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
     
  d) Disclosed in this report any change in the registrants internal control over financial reporting that occurred during the registrants most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing equivalent functions):

 

  a) All significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and,
     
  b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

 

 

       
Date: September 10, 2024 By /s/ Caren Currier  
    Caren Currier  
   

President, Principal Executive Officer, 

Principal Financial Officer and Director 

 
       

 

EXHIBIT 32.1

 

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

 

In connection with the Quarterly Report on Form 10-Q for the period ended July 31, 2024 of Kashin, Inc., a Nevada corporation (the “Company”), as filed with the Securities and Exchange Commission on the date hereof (the "Quarterly Report"), I, Caren Currier, President and Chief Financial Officer of the Company certify, pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

 

1. The Quarterly Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities and Exchange Act of 1934, as amended; and
   
2. The information contained in this Quarterly Report fairly presents, in all material respects, the financial condition and results of operation of the Company.

 

 

 

       
Date: September 10, 2024 By /s/ Caren Currier  
    Caren Currier  
   

President, Principal Executive Officer,

Principal Financial Officer and Director 

 

 

 

v3.24.2.u1
Cover - shares
3 Months Ended
Jul. 31, 2024
Sep. 05, 2024
Cover [Abstract]    
Document Type 10-Q  
Amendment Flag false  
Document Quarterly Report true  
Document Transition Report false  
Document Period End Date Jul. 31, 2024  
Document Fiscal Period Focus Q1  
Document Fiscal Year Focus 2025  
Current Fiscal Year End Date --04-30  
Entity File Number 333-161240  
Entity Registrant Name Kashin, Inc.  
Entity Central Index Key 0001467845  
Entity Tax Identification Number 26-4711535  
Entity Incorporation, State or Country Code NV  
Entity Address, Address Line One 112 North Curry Street  
Entity Address, City or Town Carson City  
Entity Address, State or Province NV  
Entity Address, Postal Zip Code 89703-4934  
City Area Code (626)  
Local Phone Number 429-2780  
Entity Current Reporting Status No  
Entity Interactive Data Current No  
Entity Filer Category Non-accelerated Filer  
Entity Small Business true  
Entity Emerging Growth Company false  
Entity Shell Company false  
Entity Common Stock, Shares Outstanding   68,560,745
v3.24.2.u1
Balance Sheets (Unaudited) - USD ($)
Jul. 31, 2024
Apr. 30, 2024
CURRENT ASSETS    
Cash $ 17 $ 126
TOTAL CURRENT ASSETS 17 126
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 22,877 19,832
Other Payables 78,361 78,156
Notes Payable 0 0
TOTAL CURRENT LIABILITIES 101,238 97,988
STOCKHOLDERS' EQUITY (DEFICIT)    
Capital stock – Authorized 75,000,000 shares of common stock, $0.001 par value, 68,560,745 and 63,560,745 issued and outstanding as of July 31, 2024 and April 30, 2024, respectively 68,561 63,561
Additional Paid in Capital 494,328 494,303
Accumulated deficit (664,110) (655,726)
TOTAL STOCKHOLDERS' EQUITY/(DEFICIT) (101,221) (97,862)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY/(DEFICIT) $ 17 $ 126
v3.24.2.u1
Balance Sheets (Unaudited) (Parenthetical) - $ / shares
Jul. 31, 2024
Apr. 30, 2024
Statement of Financial Position [Abstract]    
Common Stock, Shares Authorized 75,000,000 75,000,000
Common Stock, Par or Stated Value Per Share $ 0.001 $ 0.001
Common Stock, Shares, Issued 68,560,745 63,560,745
Common Stock, Shares, Outstanding 68,560,745 63,560,745
v3.24.2.u1
Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Jul. 31, 2024
Jul. 31, 2023
REVENUE    
Revenues $ 120,000 $ 0
Total Revenues 120,000 0
EXPENSES    
Office and general 696 6,030
Professional Fees 127,688 25,000
Total Expenses, before provision of income taxes 128,384 31,030
Provision for income taxes 0 0
NET LOSS $ (8,384) $ (31,030)
v3.24.2.u1
Condensed Statements of Operations (Unaudited) (Parenthetical) - $ / shares
3 Months Ended
Jul. 31, 2024
Jul. 31, 2023
Income Statement [Abstract]    
Earnings Per Share, Basic $ 0 $ 0
Earnings Per Share, Diluted $ 0 $ 0
Weighted Average Number of Shares Outstanding, Basic 68,560,745 53,560,745
Weighted Average Number of Shares Outstanding, Diluted 68,560,745 53,560,745
v3.24.2.u1
Condensed Statements of Stockholders Equity (Deficit) (Unaudited) - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Share Subscriptions Receivable [Member]
Retained Earnings [Member]
Total
Beginning balance, value at Apr. 30, 2020 $ 28,561 $ 494,019 $ 0 $ (632,645) $ (108,637)
Shares, Outstanding, Beginning Balance at Apr. 30, 2020 28,560,745        
Net profit 98,572 98,572
Ending balance, value at Apr. 30, 2021 $ 28,561 494,019 0 (534,073) (11,493)
Shares, Outstanding, Ending Balance at Apr. 30, 2021 28,560,745        
Net profit (21,884) (21,884)
Ending balance, value at Apr. 30, 2022 $ 28,561 494,019 0 (555,957) (33,377)
Shares, Outstanding, Ending Balance at Apr. 30, 2022 28,560,745        
Net profit (35,021) (35,021)
Stock issued new $ 25,000 25,000
Stock issued new, shares 25,000,000        
Ending balance, value at Apr. 30, 2023 $ 53,561 494,019 0 (590,978) (43,398)
Shares, Outstanding, Ending Balance at Apr. 30, 2023 53,560,745        
Net profit (64,748) (64,748)
Stock issued new $ 10,000 10,000
Stock issued new, shares 10,000,000        
Additional Paid in Capital   284     284
Ending balance, value at Apr. 30, 2024 $ 63,561 494,303 0 (655,726) (97,862)
Shares, Outstanding, Ending Balance at Apr. 30, 2024 63,560,745        
Net profit (8,384) (8,384)
Stock issued new $ 5,000 5,000
Stock issued new, shares 5,000,000        
Additional Paid in Capital   25     25
Ending balance, value at Jul. 31, 2024 $ 68,561 $ 494,328 $ 0 $ (664,110) $ (101,221)
Shares, Outstanding, Ending Balance at Jul. 31, 2024 68,560,745        
v3.24.2.u1
Condensed Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 12 Months Ended
Jul. 31, 2024
Jul. 31, 2023
Apr. 30, 2024
Apr. 30, 2023
OPERATING ACTIVITIES        
Net loss $ (8,384) $ (31,030) $ (64,748) $ (35,021)
Adjustment to reconcile net loss to net cash used in operating activities:        
Stock issued for consulting services 0 0    
Expenses paid on company's behalf by related party 205 30,673    
Increase (decrease) in accounts payable 3,045 357    
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES (5,134) 0    
FINANCING ACTIVITIES        
Proceeds from sale of common stock 5,000 0    
Notes Payable 0 0    
Loan from Related Party 25 0    
NET CASH PROVIDED BY FINANCING ACTIVITIES 5,025 0    
NET INCREASE (DECREASE) IN CASH (109) 0    
CASH, BEGINNING OF PERIOD 126 0 0  
CASH, END OF PERIOD 17 0 $ 126 $ 0
Supplemental cash flow & noncash financing activities:        
Common stock issued in exchange of payable assignment/settlement 0 0    
Cash paid for:        
Interest 0 0    
Income taxes $ 0 $ 0    
v3.24.2.u1
Pay vs Performance Disclosure - USD ($)
3 Months Ended 12 Months Ended
Jul. 31, 2024
Jul. 31, 2023
Apr. 30, 2024
Apr. 30, 2023
Apr. 30, 2022
Apr. 30, 2021
Pay vs Performance Disclosure [Table]            
Net Income (Loss) $ (8,384) $ (31,030) $ (64,748) $ (35,021) $ (21,884) $ 98,572
v3.24.2.u1
Insider Trading Arrangements
3 Months Ended
Jul. 31, 2024
Trading Arrangements, by Individual [Table]  
Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
v3.24.2.u1
CONDENSED FINANCIAL STATEMENTS
3 Months Ended
Jul. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
CONDENSED FINANCIAL STATEMENTS

NOTE 1 – CONDENSED FINANCIAL STATEMENTS

 

The accompanying financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows at July 31, 2024, and for all periods presented herein, have been made.

 

Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Company’s April 30, 2024 audited financial statements. The results of operations for the periods ended July 31, 2024 and the same period last year are not necessarily indicative of the operating results for the full years.

 

The Company changed its name on July 27, 2015 to Kashin, Inc. having received FINRA’s approval.

 

v3.24.2.u1
GOING CONCERN
3 Months Ended
Jul. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
GOING CONCERN

NOTE 2 – GOING CONCERN

 

The Company’s financial statements are prepared in accordance with generally accepted accounting principles applicable to a going concern. This contemplates the realization of assets and the liquidation of liabilities in the normal course of business. Currently, the Company has a working capital deficit of $101,220, an accumulated deficit of $664,110 and net loss from operations since inception of $664,110. The Company does not have a source of revenue sufficient to cover its operation costs giving substantial doubt for it to continue as a going concern. The Company will be dependent upon the raising of additional capital through placement of our common stock in order to implement its business plan, or merge with an operating company. There can be no assurance that the Company will be successful in either situation in order to continue as a going concern. The Company funded its initial operations by way of issuing Founder’s shares.

  

The officers and directors have committed to advancing certain operating costs of the Company, including Legal, Audit, Transfer Agency and Edgarizing costs.

 

v3.24.2.u1
CAPITAL STOCK
3 Months Ended
Jul. 31, 2024
Equity [Abstract]  
CAPITAL STOCK

NOTE 3 – CAPITAL STOCK

 

The Company’s capitalization was reduced to 75,000,000 common shares with a par value of $0.001 per share, on July 27, 2015. No preferred shares have been authorized or issued.

 

As of July 31, 2023, the Company has not granted any stock options and has recorded $25,000 stock-based compensation.

 

On July 31, 2024, the Company had 68,560,745 common shares issued and outstanding and on April 30, 2024 the Company had 63,560,745 common shares issued and outstanding.

 

v3.24.2.u1
RELATED PARTY TRANSACTIONS
3 Months Ended
Jul. 31, 2024
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS

NOTE 4 – RELATED PARTY TRANSACTIONS

 

The Company owes President, Caren Currier $78,361 for payments made on behalf of the company.

 

v3.24.2.u1
RECENT ACCOUNTING PRONOUNCEMENTS
3 Months Ended
Jul. 31, 2024
Recent Accounting Pronouncements  
RECENT ACCOUNTING PRONOUNCEMENTS

NOTE 5 – RECENT ACCOUNTING PRONOUNCEMENTS

 

The company has evaluated all the recent accounting pronouncements and believes that none of them will have a material effect on the company’s financial statement.

 

v3.24.2.u1
SUBSEQUENT EVENTS
3 Months Ended
Jul. 31, 2024
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 6 – SUBSEQUENT EVENTS

 

On May 6,2023, Carl Maybin resigned as Officer and Director of KUSA and appointed Caren Currier as President and Director. Along with his resignation, Carl Maybin acknowledged that he is no longer owed any past compensation and forever cancels any and all indebtedness in both principal and interest.

 

v3.24.2.u1
GOING CONCERN (Details Narrative) - USD ($)
Jul. 31, 2024
Apr. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]    
Working capital $ 101,220  
Retained Earnings (Accumulated Deficit) $ 664,110 $ 655,726
v3.24.2.u1
CAPITAL STOCK (Details Narrative) - USD ($)
3 Months Ended 15 Months Ended
Jul. 31, 2023
Jul. 31, 2023
Jul. 31, 2024
Apr. 30, 2024
Equity [Abstract]        
Common Stock, Shares Authorized     75,000,000 75,000,000
Common Stock, Par or Stated Value Per Share     $ 0.001 $ 0.001
Preferred Stock, Shares Issued     0  
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross 0      
Stock issued for compensation, value   $ 25,000    
Common Stock, Shares, Issued     68,560,745 63,560,745
Common Stock, Shares, Outstanding     68,560,745 63,560,745
v3.24.2.u1
RELATED PARTY TRANSACTIONS (Details Narrative)
Jul. 31, 2024
USD ($)
Related Party Transactions [Abstract]  
Due to related party $ 78,361

Kashin (PK) (USOTC:KUSA)
Gráfico Histórico do Ativo
De Out 2024 até Nov 2024 Click aqui para mais gráficos Kashin (PK).
Kashin (PK) (USOTC:KUSA)
Gráfico Histórico do Ativo
De Nov 2023 até Nov 2024 Click aqui para mais gráficos Kashin (PK).