Document and Entity Information
Document and Entity Information
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9 Months Ended | |
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Jul. 31, 2013
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Sep. 11, 2013
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Document And Entity Information | ||
Entity Registrant Name | AFH ACQUISITION X, INC. | |
Entity Central Index Key | 0001419554 | |
Document Type | 10-Q | |
Document Period End Date | Jul. 31, 2013 | |
Amendment Flag | false | |
Current Fiscal Year End Date | --10-31 | |
Is Entity's Reporting Status Current? | Yes | |
Entity Filer Category | Smaller Reporting Company | |
Entity Common Stock, Shares Outstanding | 5,000,000 | |
Document Fiscal Period Focus | Q3 | |
Document Fiscal Year Focus | 2013 |
Condensed Balance Sheets (Unaudited)
Condensed Balance Sheets (Unaudited) (USD $)
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Jul. 31, 2013
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Oct. 31, 2012
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ASSETS | ||
Cash and Cash Equivalents | $ 410 | $ 500 |
Total Assets | 410 | 500 |
Liabilities | ||
Accrued Expenses | 3,186 | 4,494 |
Due to Parent | 35,999 | 30,605 |
Total Liabilities | 39,185 | 35,099 |
Stockholder's Deficit | ||
Preferred Stock: $.001 Par; 20,000,000 Shares Authorized,-0- Issued and Outstanding | ||
Common Stock: $.001 Par; 100,000,000 Shares Authorized; 5,000,000 Issued and Outstanding | 5,000 | 5,000 |
Additional Paid-In-Capital | 20,000 | 20,000 |
Deficit Accumulated During Development Stage | (63,775) | (59,599) |
Total Stockholder's Deficit | (38,775) | (34,599) |
Total Liabilities and Stockholder's Deficit | $ 410 | $ 500 |
Condensed Balance Sheets (Unaudited) (Parenthetical)
Condensed Balance Sheets (Unaudited) (Parenthetical) (USD $)
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Jul. 31, 2013
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Oct. 31, 2012
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Statement of Financial Position [Abstract] | ||
Preferred Stock, Par value | $ 0.001 | $ 0.001 |
Preferred Stock, Shares Authorized | 20,000,000 | 20,000,000 |
Preferred Stock, Shares Issued | 0 | 0 |
Preferred Stock, Shares Outstanding | 0 | 0 |
Common Stock, Par value | $ 0.001 | $ 0.001 |
Common Stock, Shares Authorized | 100,000,000 | 100,000,000 |
Common Stock, Shares Issued | 5,000,000 | 5,000,000 |
Common Stock, Shares Outstanding | 5,000,000 | 5,000,000 |
Condensed Statements of Changes in Stockholder's Deficit (Unaudited)
Condensed Statements of Operations (Unaudited)
Condensed Statements of Operations (Unaudited) (USD $)
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3 Months Ended | 9 Months Ended | 69 Months Ended | ||
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Jul. 31, 2013
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Jul. 31, 2012
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Jul. 31, 2013
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Jul. 31, 2012
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Jul. 31, 2013
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Income Statement [Abstract] | |||||
Revenues | |||||
Expenses | |||||
Consulting | 1,719 | ||||
Interest | 15 | ||||
Legal and Professional | 1,055 | 1,088 | 3,686 | 4,194 | 55,049 |
Office Expenses | 30 | 90 | 1,590 | ||
Organizational Costs | 1,002 | ||||
Rent | 3,000 | ||||
Total Expenses | 1,085 | 1,088 | 3,776 | 4,194 | 62,375 |
Net Loss for the Period Before Taxes | (1,085) | (1,088) | (3,776) | (4,194) | (62,375) |
Franchise Tax | 400 | 400 | 1,400 | ||
Net Loss for the Period After Taxes | $ (1,085) | $ (1,088) | $ (4,176) | $ (4,594) | $ (63,775) |
Loss per Share - Basic and Diluted | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 | $ (0.01) |
Weighted Average Common Shares Outstanding | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 |
Condensed Statements of Cash Flows (Unaudited)
Condensed Statements of Cash Flows (Unaudited) (USD $)
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9 Months Ended | 69 Months Ended | |
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Jul. 31, 2013
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Jul. 31, 2012
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Jul. 31, 2013
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Cash Flows from Operating Activities | |||
Net Loss for the Period | $ (4,176) | $ (4,594) | $ (63,775) |
Changes in Assets and Liabilities: | |||
Prepaid Expenses | |||
Accrued Expenses | (1,308) | 4,594 | 3,186 |
Net Cash Flows from Operating Activities | (5,484) | 0 | (60,589) |
Net Cash Flows from Investing Activities | |||
Cash Flows from Financing Activities | |||
Cash Advance by (Repayment to) Parent | 5,394 | 35,999 | |
Cash Proceeds from Stock Subscriptions | 12,900 | ||
Cash Proceeds from Sale of Stock | 12,100 | ||
Net Cash Flows from Financing Activities | 5,394 | 0 | 60,999 |
Net Change in Cash and Cash Equivalents | (90) | 410 | |
Cash and Cash Equivalents - Beginning of Period | 500 | ||
Cash and Cash Equivalents - End of Period | 410 | 410 | |
Cash Paid During the Period for: | |||
Interest | |||
Income Taxes |
The Company
The Company
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9 Months Ended | ||||||||||||||
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Jul. 31, 2013
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Company | |||||||||||||||
The Company |
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Summary of Significant Accounting Policies
Summary of Significant Accounting Policies
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9 Months Ended | ||||||||||||||||||||||||||||||||||||||
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Jul. 31, 2013
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Accounting Policies [Abstract] | |||||||||||||||||||||||||||||||||||||||
Summary of Significant Accounting Policies |
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Equity Securities
Equity Securities
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9 Months Ended | ||||||||
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Jul. 31, 2013
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Equity [Abstract] | |||||||||
Equity Securities |
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Going Concern
Going Concern
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9 Months Ended | ||||||
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Jul. 31, 2013
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Going Concern | |||||||
Going Concern |
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Due to Parent
Due to Parent
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9 Months Ended | ||||
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Jul. 31, 2013
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Related Party Transactions [Abstract] | |||||
Due to Parent |
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Summary of Significant Accounting Policies (Policies)
Summary of Significant Accounting Policies (Policies)
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9 Months Ended | ||||
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Jul. 31, 2013
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Accounting Policies [Abstract] | |||||
Method of Accounting |
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Development Stage |
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Cash and Cash Equivalents |
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Loss Per Common Share |
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Use of Estimates |
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Organizational Costs |
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Income Taxes |
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Financial Instruments |
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Recent Pronouncements |
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The Company (Details Narrative)
The Company (Details Narrative)
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Jul. 31, 2013
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Company Details Narrative | |
Percentage of equity interest held by parent company | 100.00% |
Going Concern (Details Narrative)
Going Concern (Details Narrative) (USD $)
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Jul. 31, 2013
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Going Concern | |
Accumulated deficit | $ 63,775 |