0001393905-12-000313.txt : 20120613 0001393905-12-000313.hdr.sgml : 20120613 20120613130323 ACCESSION NUMBER: 0001393905-12-000313 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 11 CONFORMED PERIOD OF REPORT: 20120430 FILED AS OF DATE: 20120613 DATE AS OF CHANGE: 20120613 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Health in Harmony, Inc. CENTRAL INDEX KEY: 0001508363 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-SOCIAL SERVICES [8300] IRS NUMBER: 980576696 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-54632 FILM NUMBER: 12904683 BUSINESS ADDRESS: STREET 1: 11107-50TH AVENUE CITY: EDMONTON STATE: A0 ZIP: T6H 0J1 BUSINESS PHONE: 780-809-0611 MAIL ADDRESS: STREET 1: 11107-50TH AVENUE CITY: EDMONTON STATE: A0 ZIP: T6H 0J1 10-Q 1 hthh_10q.htm QUARTERLY REPORT 10Q

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 10-Q


[X]

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


For the Quarterly Period Ended April 30, 2012


OR


[  ]

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


Commission File No. 333-171546


HEALTH IN HARMONY INC.

(Exact name of small business issuer as specified in its charter)


Nevada

(State or other jurisdiction of

incorporation or organization)

8322

(Primary Standard Industrial

Classification Code Number)

98-0576696

(I.R.S. Employer

Identification No.)


11107-50th Avenue

Edmonton, Alberta,

Canada,

 T6H 0J1

 (Address of principal executive offices)


(780) 809-0611

(Registrant’s telephone number, including area code)


Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of “accelerated filer and large accelerated filer” in Rule 12b-2 of the Exchange Act. (Check one):


Large accelerated filer [  ]   Accelerated filer [  ]

Non-accelerated filer [  ]   Smaller reporting company [X]


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

 

The number of shares of Common Stock, $0.001 par value, of the registrant outstanding at June 13, 2012 was 6,900,000.







TABLE OF CONTENTS


 

Page

PART I.

 

Item 1. Financial Statements.

3-7

Item 2. Management’s Discussion and Analysis or Plan of Operations.

8

Item 3. Quantitative and Qualitative Disclosures About Market Risks.

9

Item 4. Controls and Procedures.

9-10

PART II.

 

Item 1. Legal Proceedings.

10

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

10

Item 3. Defaults Upon Senior Securities.

10

Item 4. Submission of Matter to Vote of Security Holders.

10

Item 5. Other Information.

10

Item 6. Exhibits.

10-11

SIGNATURES

12














2



  Statement Regarding Forward-Looking Statements


This Form 10-Q contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended Section 21E of the Securities Exchanged Act of 193, as amended, which are intended to be covered by the safe harbors created thereby. The statements contained in this report on Form 10-Q that are not purely historical are forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include statements regarding our “expectations,” “anticipation,” “intentions,” “beliefs,” or “strategies” regarding the future. Forward looking statements also include statements such as changes in national and local government legislation, taxation, controls, regulations and political or economic changes in the United States or other countries in which we may carry on business in the future; business opportunities that may be presented to or pursued by us; our ability to integrate acquisitions successfully. All forward-looking statements included in this report are based on information available to us as of the filing date of this report, and we assume no obligation to update any such forward-looking statements. Our actual results could differ materially from the forward-looking statements.



PART I.

Item 1. Financial Statements.














3




HEALTH IN HARMONY INC.

(A Development Stage Company)

BALANCE SHEET


 

April 30,

2012

- $ -

October 31,

2011

- $ -

 

(Unaudited)

 

ASSETS

 

 

Current assets

 

 

Cash

47,035

66,984

Total current assets

47,035

66,984

Total assets

47,035

66,984

 

 

 

LIABILITIES

 

 

 

 

 

Current liabilities

 

 

Accounts payable

20,000

20,000

Due to related party

10,000

10,000

Total current liabilities

30,000

30,000

 

 

 

STOCKHOLDERS’ EQUITY

 

 

Common stock

 

 

Authorized:

 

 

   75,000,000 common shares with a par value of $0.001

 

 

   Issued and outstanding:

 

 

   6,900,000 common shares as of April 30, 2012 and October 31, 2011

6,900

6,900

   Additional paid in capital

75,100

69,100

Deficit accumulated during the development stage

(64,965)

(39,016)

Total stockholders’ equity

17,035

36,984

Total liabilities and stockholders’ equity

47,035

66,984









See accompanying note to financial statements



4




HEALTH IN HARMONY INC.

(A Development Stage Company)

STATEMENTS OF OPERATIONS

(Unaudited)


 

Three months

ended

April 30,

2012

- $ -

Three months

ended

April 30, 2011

- $ -

Six months

ended

April 30, 2012

- $ -

Six months

ended

April 30, 2011

- $ -

Period from

March 26,

2008

 (Inception)

to April 30,

 2012

- $ -

Revenue

-

-

-

-

103,000

 

 

 

 

 

 

Less: Expenses

 

 

 

 

 

Impairment of intangible asset

-

-

-

-

4,000

Management fees

1,500

1,500

3,000

3,000

24,500

Rent

1,500

1,500

3,000

3,000

24,500

General and administrative

8,936

(368)

19,949

15,343

114,965

Net loss

11,936

2,632

25,949

21,343

64,965

 

 

 

 

 

 

Basic and diluted loss per share

(0.00)

(0.00)

(0.00)

(0.00)

 

 

 

 

 

 

 

Weighted average number of common shares outstanding

6,900,000

6,900,000

6,900,000

6,900,000

 














See accompanying note to financial statements



5




HEALTH IN HARMONY INC.

(A Development Stage Company)

STATEMENTS OF CASH FLOWS

Six months ended April 30, 2012

Period from March 26, 2008 (Inception) through April 30, 2012

(UNAUDITED)



 

Six months

ended

April 30,

2012

- $ -

Six months

ended

April 30,

2011

- $ -

Period from

March 26,

2008

(Inception)

through

April 30,

2012

- $ -

CASHFLOWS FROM OPERATING ACTIVITIES:

 

 

 

Net loss

(25,949)

(21,343)

(64,965)

Adjustments to reconcile net loss to cash used in operating activities:

 

 

 

Impairment of intangible asset

-

-

4,000

Donated services

6,000

6,000

49,000

Change in:

 

 

 

Accounts payable

-

8,301

20,000

CASH FLOWS PROVIDED (USED) IN OPERATING ACTIVITIES

(19,949)

(7,042)

8,035

CASH FLOWS FROM FINANCING ACTIVITIES

 

 

 

Advances from related party

-

-

10,000

Proceeds from sale of common stock

-

-

29,000

CASH FLOWS PROVIDED BY FINANCING ACTIVITIES

-

-

39,000

NET CHANGE IN CASH

(19,949)

(7,042)

47,035

Cash, beginning of period

66,984

38,463

-

Cash, end of period

47,035

31,421

47,035

 

 

 

 

Supplemental cash flow information:

 

 

 

Interest paid

-

-

-

Taxes paid

-

-

-

Non-cash transactions:

 

 

 

Stock issued for acquisition of intangible asset

-

-

4,000





See accompanying note to financial statements



6




HEALTH IN HARMONY INC.

NOTE TO FINANCIAL STATEMENTS

(A Development Stage Company)

April 30, 2012

(UNAUDITED)



Note 1 - BASIS OF PRESENTATION


The accompanying unaudited interim financial statements of Health In Harmony Inc. ("Health" or the "Company") have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission ("SEC"), and should be read in conjunction with the audited financial statements and notes thereto contained in the Company's Annual Report filed with the SEC on Form 10-K. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for our interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements that would substantially duplicate the disclosure contained in the audited financial statements for fiscal 2011, as reported in the Form 10-K, have been omitted.  


These financial statements have been prepared on a going concern basis which assumes the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future. The Company anticipates future losses in the development of its business raising substantial doubt about the Company’s ability to continue as a going concern. The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management intends to finance operating costs over the next twelve months with existing cash on hand, loans from directors and/or issuance of common shares.


Note 2 - RELATED PARTY TRANSACTIONS


The President of the Company provides management services and office premises to the Company at no charge. The donated management services and office premises are each valued at $500 per month.  For the period ended April 30, 2012, a total of $3,000 for donated services and $3,000 for donated rent were charged to operations and recorded as additional paid in capital.


During the year ended October 31, 2010, an amount of $10,000 was received in cash as an advance from the President of the Company. The amount remains outstanding and is unsecured, non-interest bearing and has no specified terms of repayment.











7




Item 2. Management’s Discussion and Analysis or Plan of Operations


The following discussion provides information that we believe is relevant to an assessment and understanding of the results of operations and financial condition of our company. It should be read in conjunction with the financial statements and accompanying notes.


Plan of Operation


Over the next twelve months we intend to market our wellness program, consisting of various physical and mental activities designed for use by the elderly, to resellers who would market and present the wellness program. The program’s goal is to keep the elderly physically active and mentally engaged and challenged. Resellers would be granted exclusive rights to market and present the wellness program in a specified geographical region. Resellers would be required to pay us a negotiated percentage of their revenues. Initially, we do not plan to charge upfront fees to the resellers for exclusive rights to geographical regions. Provided we gain market acceptance, we intend to charge a regional license fee to subsequent resellers. We expect the wellness program to be presented at independent wellness centers, community centers, centers for the elderly, nursing homes and assisted living homes.


Over the next twelve months we expect to require $120,000 in financing to commence our planned operations. Our current cash resources are insufficient to finance our planned expenditures. To successfully commence our planned operations we will need to raise approximately $90,000 in additional financing. We anticipate raising the funds through the sale of our common stock and further loans from our President. However, there are no assurances that we will be able to raise funds via either of these two options. Our ability to raise financing in the equity markets are uncertain as the equity markets, in recent years, have been depressed especially for start-up companies like ourselves. We expect that our President will extend further loans to us but she has no obligation or commitment to do so.


Results of Operations


Three-Month Period Ended April 30, 2012


We did not earn any revenues during the three-month period ended April 30, 2012 (three-month period ended April 30, 2011: $Nil).  


We incurred operating expenses in the amount of $11,936 for the three-month period ended April 30, 2012 (three-month period ended April 30, 2011: $2,632). These operating expenses, comprised of general and administration expenses of $8,936 (three-month period ended April 30, 2011: $(368)), donated rent of $1,500 (three-month period ended April 30, 2011: $1,500) and donated management fees of $1,500 (three-month period ended April 30, 2011: $1,500).


Six-Month Period Ended April 30, 2012


We did not earn any revenues during the six-month period ended April 30, 2012 (six-month period ended April 30, 2011: $Nil).  


We incurred operating expenses in the amount of $25,949 for the six-month period ended April 30, 2012 (six-month period ended April 30, 2011: $21,343). These operating expenses, comprised of general and administration expenses of $19,949 (six-month period ended April 30, 2011: $15,343), donated rent of $3,000 (six-month period ended April 30, 2011: $3,000) and donated management fees of $3,000 (six-month period ended April 30, 2011: $3,000).




8




Liquidity and Capital Resources

 

We do not have any credit facilities or other commitments for debt or equity financing.  No assurances can be given that advances when needed will be available.  We need funding to undertake our operations. Private capital, if sought, will be sought from private and institutional investors.  To date, we have not sought any funding source and have not authorized any person or entity to seek out funding on our behalf.  If a market for our shares ever develops, of which there can be no assurances, we will use shares to compensate employees/consultants and independent contractors wherever possible.


We will incur ongoing expenses associated with professional fees for accounting, legal, and a host of other expenses for annual reports and proxy statements.  We estimate that these costs will range up to $30,000 per year for the next few years and will be higher if our business volume and activity increases but lower during the first year of being public because our overall business volume will be lower. These obligations will reduce our ability and resources to fund other aspects of our business.  We hope to be able to use our status as a public company to increase our ability to use non-cash means of settling obligations and compensate certain independent contractors who provide professional services to us, although there can be no assurances that we will be successful in any of those efforts.


Item 3. Quantitative and Qualitative Disclosures About Market Risks


As a smaller reporting company (as defined in Rule 12b-2 of the Exchange Act), we are not required to provide the information called for by this Item 3.


Item 4. Controls and Procedures


Disclosure Controls and Procedures


Evaluation of Disclosure Controls


We evaluated the effectiveness of our disclosure controls and procedures as of the end of the 2011 fiscal year.  This evaluation was conducted with the participation of our chief executive officer and our principal accounting officer.


Disclosure controls are controls and other procedures that are designed to ensure that information that we are required to disclose in the reports we file pursuant to the Securities Exchange Act of 1934 is recorded, processed, summarized and reported.  


Limitations on the Effective of Controls


Our management does not expect that our disclosure controls or our internal controls over financial reporting will prevent all error and fraud.  A control system, no matter how well conceived and operated, can provide only reasonable, but no absolute, assurance that the objectives of a control system are met.  Further, any control system reflects limitations on resources, and the benefits of a control system must be considered relative to its costs.  These limitations also include the realities that judgments in decision-making can be faulty and that breakdowns can occur because of simple error or mistake.  Additionally, controls can be circumvented by the individual acts of some persons, by collusion of two or more people or by management override of a control.  A design of a control system is also based upon certain assumptions about potential future conditions; over time, controls may become inadequate because of changes in conditions, or the degree of compliance with the policies or procedures may deteriorate.  Because of the inherent limitations in a cost-effective control system, misstatements due to error or fraud may occur and may not be detected.




9




Conclusions


Based upon their evaluation of our controls, the chief executive officer and principal accounting officer have concluded that, subject to the limitations noted above, the disclosure controls are effective providing reasonable assurance that material information relating to us is made known to management on a timely basis during the period when our reports are being prepared.  There were no changes in our internal controls that occurred during the quarter covered by this report that have materially affected, or are reasonably likely to materially affect our internal controls.


Changes in internal control over financial reporting


There have been no changes during the period covered by this Quarterly Report on Form 10-Q in our internal control over financial reporting that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.


Limitations on the effectiveness of controls and procedures


Our management, including our Chief Executive Officer and Chief Financial Officer, does not expect that our controls and procedures will prevent all potential error and fraud. A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met.

 

PART II - OTHER INFORMATION


Item 1. Legal Proceedings


None.

 

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


There were no unregistered sales of equity securities during the six month period ended April 30, 2012.


Item 3. Defaults Upon Senior Securities


None.

 

Item 4. Submission of Matters to a Vote of Security Holders


None.


Item 5. Other Information

 

None.


Item 6. Exhibits


(a)  The following documents are filed as part of this Report:


(1) Financial statements filed as part of this Report:


Balance Sheets as of April 30, 2012 (Unaudited) and October 31, 2011.




10



Statements of Operations for the three and six month periods ended April 30, 2012 and April 30, 2011 and the Period from March 26, 2008 (Inception) to April 30, 2012 (Unaudited).


Statements of Cash Flows for the six-month periods ended April 30, 2012 and April 30, 2011 and the Period from March 26, 2008 (Inception) to April 30, 2012 (Unaudited).


Note to Financial Statements (Unaudited)


(2) Exhibits filed as part of this Report:


Exhibit

 

Number

Description

 

 

31.1

 Certification of Chief Executive Officer pursuant to Rule 13a-15e or 15d-15(e), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

31.2

Certification of Chief Financial Officer pursuant to Rule 13a-15e or 15d-15(e), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

32.1

Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

32.2

Certification of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002


(b)  Reports filed on Form 8-K during the quarter ended April 30, 2012:

 

None











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.


Date: June 13, 2012

Health in Harmony Inc.

(Registrant)

 

 

 

/s/ Tammy DuPerron

 

By: Tammy DuPerron

 

Title:  President and Chief Executive Officer

 

 

 

/s/ Tammy DuPerron

 

By: Tammy DuPerron

 

Chief Financial Officer




















12


EX-31.1 2 hthh_ex311.htm CERTIFICATION ex31.1


EXHIBIT 31.1


CERTIFICATIONS


I, Tammy DuPerron, certify that;


(1) I have reviewed this quarterly report on Form 10-Q of Health in Harmony 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(s) 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 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 disclosure 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 control over financial reporting, or caused such internal control over financial reporting 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 registrant’s 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 registrant’s internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) 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(s) and I have disclosed, based on our most recent evaluation of the internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):


a) All significant deficiencies and material weaknesses in the design or operation of internal control 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.


/s/ Tammy DuPerron  
By: Tammy DuPerron
Title: President and Chief Executive Officer  

Date: June 13, 2012



EX-31.2 3 hthh_ex312.htm CERTIFICATION ex31.2


EXHIBIT 31.2


CERTIFICATIONS


I, Tammy DuPerron that;


(1) I have reviewed this quarterly report on Form 10-Q of Health in Harmony 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(s) 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 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 disclosure 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 control over financial reporting, or caused such internal control over financial reporting 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 registrant’s 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 registrant’s internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) 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(s) and I have disclosed, based on our most recent evaluation of the internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):


a) All significant deficiencies and material weaknesses in the design or operation of internal control 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.


/s/ Tammy DuPerron  
By: Tammy DuPerron
Title: Chief Financial Officer

Date: June 13, 2012



EX-32.1 4 hthh_ex321.htm CERTIFICATION ex32.1


EXHIBIT 32.1



CERTIFICATION OF CHIEF EXECUTIVE OFFICER
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 accompanying quarterly report on Form 10-Q of Health in Harmony Inc. for the quarter ended April 30, 2012, I certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, to my knowledge, that:


(1) the quarterly Report on Form 10-Q of Health in Harmony Inc. for the quarter ended April 30, 2012 fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and


(2) the information contained in the quarterly Report on Form 10-Q for the quarter ended April 30, 2012, fairly presents in all material respects, the financial condition and results of operations of Health in Harmony Inc.


/s/ Tammy DuPerron
By: Tammy DuPerron
Title: President and Chief Executive Officer  

Date: June 13, 2012








EX-32.2 5 hthh_ex322.htm CERTIFICATION ex32.2


EXHIBIT 32.2



CERTIFICATION OF CHIEF FINANCIAL OFFICER
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 accompanying quarterly report on Form 10-Q of Health in Harmony Inc. for the quarter ended April 30, 2012, I certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, to my knowledge, that:


(1) the quarterly Report on Form 10-Q of Health in Harmony Inc. for the quarter ended April 30, 2012 complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and


(2) the information contained in the quarterly Report on Form 10-Q for the quarter ended April 30, 2012 presents in all material respects, the financial condition and results of operations of Health in Harmony Inc.


/s/ Tammy DuPerron
By: Tammy DuPerron  
Title: Chief Financial Officer

 Date: June 13, 2012






EX-101.INS 6 hthh-20120430.xml 10-Q 2012-04-30 false Health in Harmony, Inc. 0001508363 --10-31 Smaller Reporting Company Yes No No 2012 Q2 6900000 47035 66984 47035 66984 47035 66984 20000 20000 10000 10000 30000 30000 6900 6900 75100 69100 -64965 -39016 17035 36984 47035 66984 0.001 0.001 75000000 75000000 6900000 6900000 103000 1500 1500 3000 3000 24500 1500 1500 3000 3000 24500 8936 -368 19949 15343 114965 11936 2632 25949 21343 64965 0.00 0.00 0.00 0.00 6900000 6900000 6900000 6900000 -25949 -21343 -64965 4000 6000 6000 49000 8301 20000 -19949 -7042 8035 10000 29000 39000 -19949 -7042 47035 66984 38463 31421 47035 4000 <!--egx--><p style="MARGIN:0in 0in 0pt"><b><font lang="EN-CA">Note 1 - BASIS OF PRESENTATION</font></b></p> <p style="MARGIN:0in 0in 0pt"><b><font lang="EN-CA">&nbsp;</font></b></p> <p><font style="LAYOUT-GRID-MODE:line" lang="EN-CA">The accompanying unaudited interim financial statements of Health In Harmony Inc. ("Health" or the "Company") have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission ("SEC"), and should be read in conjunction with the audited financial statements and notes thereto contained in the Company's Annual Report filed with the SEC on Form 10-K. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for our interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements that would substantially duplicate the disclosure contained in the audited financial statements for fiscal 2011, as reported in the Form 10-K, have been omitted.&nbsp; </font></p> <p style="MARGIN:0in 0in 0pt"><font style="LAYOUT-GRID-MODE:line" lang="EN-CA">&nbsp;</font></p> <p><font style="LAYOUT-GRID-MODE:line" lang="EN-CA">These financial statements have been prepared on a going concern basis which assumes the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future. The Company anticipates future losses in the development of its business raising substantial doubt about the Company&#146;s ability to continue as a going concern. The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management intends to finance operating costs over the next twelve months with existing cash on hand, loans from directors and/or issuance of common shares.</font></p> <!--egx--><p style="MARGIN:0in 0in 0pt"><b><font lang="EN-CA">Note 2 - RELATED PARTY TRANSACTIONS</font></b></p> <p style="MARGIN:0in 0in 0pt">&nbsp;</p> <p style="MARGIN:0in 0in 0pt"><font style="LAYOUT-GRID-MODE:line" lang="EN-CA">The President of the Company provides management services and office premises to the Company at no charge. The donated management services and office premises are each valued at $500 per month.&nbsp; For the period ended April 30, 2012, a total of $3,000 for donated services and $3,000 for donated rent were charged to operations and recorded as additional paid in capital.</font></p> <p style="MARGIN:0in 0in 0pt"><font style="LAYOUT-GRID-MODE:line" lang="EN-CA">&nbsp;</font></p> <p style="MARGIN:0in 0in 0pt"><font style="LAYOUT-GRID-MODE:line" lang="EN-CA">During the year ended October 31, 2010, an amount of $10,000 was received in cash as an advance from the President of the Company. The amount remains outstanding and is unsecured, non-interest bearing and has no specified terms of repayment.</font></p> 0001508363 2012-02-01 2012-04-30 0001508363 2012-04-30 0001508363 2011-10-31 0001508363 2011-02-01 2011-04-30 0001508363 2011-11-01 2012-04-30 0001508363 2010-11-01 2011-04-30 0001508363 2008-03-26 2012-04-30 0001508363 2010-10-31 0001508363 2011-04-30 shares iso4217:USD iso4217:USD shares The numbers in this column, for the fiscal year ended October 31, 2011, are derived from audited financials. 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BALANCE SHEETS (unaudited) (USD $)
Apr. 30, 2012
Oct. 31, 2011
Current Assets    
Cash $ 47,035 $ 66,984
Total current assets 47,035 66,984
Total assets 47,035 66,984
Current Liabilities    
Accounts payable 20,000 20,000
Due to related party 10,000 10,000
Total current liabilities 30,000 30,000
STOCKHOLDERS' EQUITY    
Authorized: 75,000,000 common shares, with a par value of $0.001, issued and outstanding: 6,900,000 common shares as of April 30, 2012 and October 31, 2011 respectively 6,900 6,900
Additional paid in capital 75,100 69,100
Deficit accumulated during the development stage (64,965) (39,016)
Total stockholders' equity 17,035 36,984
Total liabilities and stockholders' equity $ 47,035 $ 66,984 [1]
[1] The numbers in this column, for the fiscal year ended October 31, 2011, are derived from audited financials.
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BASIS OF PRESENTATION
3 Months Ended
Apr. 30, 2012
Accounting Policies  
Basis of Presentation and Significant Accounting Policies

Note 1 - BASIS OF PRESENTATION

 

The accompanying unaudited interim financial statements of Health In Harmony Inc. ("Health" or the "Company") have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission ("SEC"), and should be read in conjunction with the audited financial statements and notes thereto contained in the Company's Annual Report filed with the SEC on Form 10-K. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for our interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements that would substantially duplicate the disclosure contained in the audited financial statements for fiscal 2011, as reported in the Form 10-K, have been omitted. 

 

These financial statements have been prepared on a going concern basis which assumes the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future. The Company anticipates future losses in the development of its business raising substantial doubt about the Company’s ability to continue as a going concern. The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management intends to finance operating costs over the next twelve months with existing cash on hand, loans from directors and/or issuance of common shares.

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XML 18 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
RELATED PARTY TRANSACTIONS
3 Months Ended
Apr. 30, 2012
Related Party Disclosures  
Related Party Transactions Disclosure

Note 2 - RELATED PARTY TRANSACTIONS

 

The President of the Company provides management services and office premises to the Company at no charge. The donated management services and office premises are each valued at $500 per month.  For the period ended April 30, 2012, a total of $3,000 for donated services and $3,000 for donated rent were charged to operations and recorded as additional paid in capital.

 

During the year ended October 31, 2010, an amount of $10,000 was received in cash as an advance from the President of the Company. The amount remains outstanding and is unsecured, non-interest bearing and has no specified terms of repayment.

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BALANCE SHEETS (unaudited) (Parenthetical) (USD $)
Apr. 30, 2012
Oct. 31, 2011
Common stock, par value $ 0.001 $ 0.001
Common stock, shares authorized 75,000,000 75,000,000
Common stock, shares outstanding 6,900,000 6,900,000
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Document and Entity Information
3 Months Ended
Apr. 30, 2012
Document and Entity Information  
Entity Registrant Name Health in Harmony, Inc.
Document Type 10-Q
Document Period End Date Apr. 30, 2012
Amendment Flag false
Entity Central Index Key 0001508363
Current Fiscal Year End Date --10-31
Entity Common Stock, Shares Outstanding 6,900,000
Entity Filer Category Smaller Reporting Company
Entity Current Reporting Status Yes
Entity Voluntary Filers No
Entity Well-known Seasoned Issuer No
Document Fiscal Year Focus 2012
Document Fiscal Period Focus Q2
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STATEMENTS OF OPERATIONS (unaudited) (USD $)
3 Months Ended 6 Months Ended 49 Months Ended
Apr. 30, 2012
Apr. 30, 2011
Apr. 30, 2012
Apr. 30, 2011
Apr. 30, 2012
Revenue         $ 103,000
Operating Expenses          
Impairment of intangible asset         4,000
Management fees 1,500 1,500 3,000 3,000 24,500
Rent 1,500 1,500 3,000 3,000 24,500
General and administrative 8,936 (368) 19,949 15,343 114,965
Net loss $ 11,936 $ 2,632 $ 25,949 $ 21,343 $ 64,965
Basic and diluted loss per share $ 0.00 $ 0.00 $ 0.00 $ 0.00  
Weighted average number of common shares outstanding 6,900,000 6,900,000 6,900,000 6,900,000  
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STATEMENTS OF CASH FLOWS (unaudited) (USD $)
6 Months Ended 49 Months Ended
Apr. 30, 2012
Apr. 30, 2011
Apr. 30, 2012
Cash Flows From Operating Activities      
Net Loss $ (25,949) $ (21,343) $ (64,965)
Adjustments to reconcile net loss to cash used in operating activities:      
Impairment of intangible asset     4,000
Donated Services 6,000 6,000 49,000
Changes in:      
Accounts payable   8,301 20,000
Net cash flows provided (used) in operating activities (19,949) (7,042) 8,035
Cash Flows From Financing Activities      
Advances from related party     10,000
Proceeds from sale of common stock     29,000
Cash flows provided by financing activities     39,000
Net Change in Cash (19,949) (7,042) 47,035
Cash, beginning of period 66,984 38,463  
Cash, end of period 47,035 31,421 47,035
Supplementary Cash Flow Information:      
Interest paid         
Income taxes paid         
Non-cash transactions:      
Stock issued for acquisition of intangible asset     $ 4,000
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