0001515250-12-000008.txt : 20120619 0001515250-12-000008.hdr.sgml : 20120619 20120618214917 ACCESSION NUMBER: 0001515250-12-000008 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 9 CONFORMED PERIOD OF REPORT: 20120531 FILED AS OF DATE: 20120619 DATE AS OF CHANGE: 20120618 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BENACO, INC. CENTRAL INDEX KEY: 0001515250 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-FURNITURE & HOME FURNISHINGS [5020] IRS NUMBER: 990363913 STATE OF INCORPORATION: NV FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 333-173476 FILM NUMBER: 12913644 BUSINESS ADDRESS: STREET 1: K CERVENEMU VRCHU 845/2B, APT. 223 CITY: PRAGUE 6 STATE: 2N ZIP: 160 00 BUSINESS PHONE: 011-420-77777-2181 MAIL ADDRESS: STREET 1: K CERVENEMU VRCHU 845/2B, APT. 223 CITY: PRAGUE 6 STATE: 2N ZIP: 160 00 10-Q 1 benaco10q05312012.htm FORM 10-Q 10-Q


U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 10-Q


Mark One

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


For the quarterly period ended May 31, 2012


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


For the transition period from ______ to _______


Commission File No. 333-173476


BENACO, INC.

(Exact name of registrant as specified in its charter)



Nevada

(State or Other Jurisdiction of

Incorporation or Organization)

5023

Primary Standard Industrial

Classification Code Number

99-0363913

IRS Employer
Identification Number



K Červenemu Vrchu 845/2b, Apt. 223

Prague 6, Czech Republic 160 00

Tel. 011-420-77777-2181

Fax. 011- 420-22720-4500

(Address and telephone number of principal executive offices)



1 | Page





Indicate by checkmark whether the issuer: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 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 [X ]   No[   ]

Indicate by check mark whether the registrant is a large accelerated filed, an accelerated filer, a non-accelerated filer, or a smaller reporting company.

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

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

Applicable Only to Issuer Involved in Bankruptcy Proceedings During the Preceding Five Years.

N/A

Indicate by checkmark whether the issuer has filed all documents and reports required to be filed by Section 12, 13 and 15(d) of the Securities Exchange Act of 1934 after the distribution of securities under a plan confirmed by a court.  Yes[   ]  No[   ]

Applicable Only to Corporate Registrants

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the most practicable date:

Class

Outstanding as of June 18, 2012

Common Stock, $0.001

4,740,000




2 | Page








Part 1   

FINANCIAL INFORMATION

 

Item 1

Financial Statements

4

   

   Balance Sheets

4

      

   Statements of Operations

5

 

   Statements of Cash Flows

6

 

   Notes to Unaudited Financial Statements

7

Item 2.   

Management’s Discussion and Analysis of Financial Condition and Results of Operations

10

Item 3.   

Quantitative and Qualitative Disclosures About Market Risk

11

Item 4.

Controls and Procedures

11

Part II.

OTHER INFORMATION

 

Item 1   

Legal Proceedings

12

Item 2.  

Unregistered Sales of Equity Securities and Use of Proceeds

12

Item 3   

Defaults Upon Senior Securities

12

Item 4     

Submission of Matters to a Vote of Security Holders

12

Item 5  

Other Information

12

Item 6      

Exhibits

13




3 | Page




BENACO, INC.

 (A Development Stage Company)

Balance Sheets


Assets

 

 

 

May 31, 2012

 

February 29, 2012

Current Assets

 

 

 

 

 

Cash

$

43

$

28

 

Prepaid expenses

 

4,159

 

6,159

    

     

Total  Current Assets

 


4,202



6,187


Total Assets

 


$


4,202


$


6,187


Liabilities and Stockholders’ Equity (deficit)

Current  Liabilities

 

 

 

 

 

Loan from Director

$

8,838

$

3,688

 


Total Current  Liabilities

 


8,838



3,688


Stockholders’ Equity (deficit)

 

 

 

 

  

 Common stock, $0.001par value, 75,000,000 shares authorized;

 

 

 

 

 

    4,740,000 shares issued and outstanding

 

4,740

 

4,740

 

Additional paid-in-capital

 

21,460

 

21,460

 

Deficit accumulated during the development stage

 

(30,836)

 

(23,701)


Total stockholders’ equity (deficit)

 


(4,636)

 


2,499


Total liabilities and stockholders’ equity (deficit)


$


4,202


$


6,187

 



The accompanying notes are an integral part of these financial statements.



4 | Page




BENACO, INC.

 (A Development Stage Company)

Statements of Operations

 

 


Three months ended May 31, 2012

 


Three months  ended May 31, 2011

 

From Inception on

November 18, 2010 to

May 31, 2012

Expenses

 

General and Administrative Expenses

$

7,135

$

6,473

$

30,836

     Net (loss) from Operation before Taxes

 

(7,135)

 

(6,473)

 

(30,836)

Provision for Income Taxes

 

0

 

0

 

0

Net (loss)

 

(7,135)

 

(6,473)

$

(30,836)

(Loss) per common share – Basic and diluted


$

(0.00)


$

(0.00)


$

(0.00)

Weighted Average Number of Common Shares Outstanding

 


4,740,000


4,000,000

 



The accompanying notes are an integral part of these financial statements.




5 | Page




BENACO, INC.

 (A Development Stage Company)

Statements of Cash Flows

 

 


Three months ended May 31, 2012

 


Three months  ended May 31, 2011

 

From Inception on

November 18, 2010 to

May 31, 2012

Operating Activities

 

 

 

 

 

 

  Net (loss)

$

(7,135)

$

(6,473)

$

(30,836)

 

Decrease (Increase)  in Prepaid expenses

 

2,000

 

 

 

(4,159)

 


Net cash (used) for operating activities

 


(5,135)

 


(6,473)

 


(34,995)


Financing Activities

 

 

 

 

 

 

 

Loans from Director

 

5,150

 

3,000

 

8,838

 

Sale of common stock

 

-

 

-

 

26,200

 


Net cash provided by financing activities

 

5,150

 


3,000

 


35,038


Net increase (decrease) in cash and equivalents

 

15

 

3,473

 

43

Cash and equivalents at beginning of the period

 

28

 

4,000

 

0


Cash and equivalents at end of the period


$


43


$


527


$


43

 

 

 

 

 

 

 

 

 

 

 

 

 

Supplemental cash flow information:

 

 

 

 

 

 

 

 

 

 

 

Cash paid for:

 

 

 

 

 

 

 

 

 

 

 

Interest                                                                                               

$                                         

$

 

$

-

 


Taxes                                                                                           

$

$

 


$


-

 

 

 

 

 

 

 

 

 

 

 

 

Non-Cash Activities

$

$

 

$

 


The accompanying notes are an integral part of these financial statements.




6 | Page



BENACO, INC.

(A Development Stage Company)

Notes To The Financial Statements

May 31, 2012


NOTE 1 - ORGANIZATION AND BUSINESS OPERATIONS


Benaco, Inc. (“the Company”) was incorporated under the laws of the State of Nevada, U.S. on November 18, 2010.  The Company is in the development stage as defined under Statement on Financial Accounting Standards Accounting Standards Codification FASB ASC 915-205 "Development-Stage Entities.” and intends to commence operations in the business of Bohemian Cristal Chandeliers distribution. The Company has not generated any revenue to date and consequently its operations are subject to all risks inherent in the establishment of a new business enterprise.  For the period from inception, November 18, 2010 through May 31, 2012 the Company has accumulated losses of $30,836.


NOTE 2 - GOING CONCERN


The 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 has incurred losses since inception resulting in an accumulated deficit of $30,836 as of May 31, 2012 and further losses are anticipated 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 and loans from directors and/or private placement of common stock.  



NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES


Basis of Presentation

The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars.  


 Cash and Cash Equivalents

 The Company considers all highly liquid instruments with a maturity of three months or less at the time of issuance to be cash equivalents.


Use of Estimates and Assumptions

The preparation of financial statements in conformity with accounting principles generally accepted in the  United States of America requires management to make estimates and assumptions that affect the reported amounts of  assets and liabilities and disclosure of contingent assets and liabilities at the date of the  financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results  could differ from those estimates.



7 | Page



BENACO, INC.

(A Development Stage Company)

Notes To The Financial Statements

May 31, 2012


NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)


Foreign Currency Translation

The Company's functional currency and its reporting currency is the United States dollar.


Stock-based Compensation

The Company records stock based compensation in accordance with the guidance in ASC Topic 718 which requires the Company to recognize expenses related to the fair value of its employee stock option awards. This eliminates accounting for share-based compensation transactions using the intrinsic value and requires instead that such transactions be accounted for using a fair-value-based method. The Company recognizes the cost of all share-based awards on a graded vesting basis over the vesting period of the award.


Income Taxes

 The Company follows the liability method of accounting for income taxes.  Under this method, deferred income tax assets and liabilities are recognized for the estimated tax consequences attributable to differences between the financial statement carrying values and their respective income tax basis (temporary differences).  The effect on deferred income tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.


Basic and Diluted Loss Per Share

The Company computes loss per share in accordance with “ASC-260”, “Earnings per Share” which requires presentation of both basic and diluted earnings per share on the face of the statement of operations. Basic loss per share is computed by dividing net loss available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted loss per share gives effect to all dilutive potential common shares outstanding during the period.  Dilutive loss per share excludes all potential common shares if their effect is anti-dilutive.

The Company has no potential dilutive instruments and accordingly basic loss and diluted loss per share are equal.


Fiscal Periods

The Company's fiscal year end is February 28.


NOTE 4 - COMMON STOCK


The authorized capital of the Company is 75,000,000 common shares with a  par value of $ 0.001 per share. On February 28, 2011, the Company issued 4,000,000 shares  of  common stock at a price of $0.001 per share for total cash proceeds of $4,000.

During year  ended February 29, 2012 the Company issued 740,000 shares  of  common stock at a price of $0.03 per share for total cash proceeds of $22,200.

During the period November 18, 2010 (inception)  to May 31, 2012, the Company  sold  a  total of 4,740,000 shares of common stock  for  total  cash proceeds  of  $26,200.



8 | Page



BENACO, INC.

(A Development Stage Company)

Notes To The Financial Statements

May 31, 2012


NOTE 5 - INCOME TAXES


As of May 31, 2012 the Company had net operating loss carry forwards of $30,836 that may be available to reduce future years’ taxable income through 2032. Future tax benefits which may arise as a result of these losses have not been recognized in these financial statements, as their realization is determined not likely to occur and accordingly, the Company has recorded a valuation allowance for the deferred tax asset relating to these tax loss carry-forwards.



NOTE 6 - RELATED PARTY TRANSACTONS


During the period November 18, 2010 (inception)  to May 31, 2012, related party had loaned the Company $8,838.  As of May 31, 2012, total loan amount was $8,838. The loan is non-interest bearing, due upon demand and unsecured.

          


NOTE 7 – SUBSEQUENT EVENTS


The Company has evaluated subsequent events from May 31, 2012 through the date whereupon the financial statements were issued and has determined that there are no items to disclose.




 

FORWARD LOOKING STATEMENTS


Statements made in this Form 10-Q that are not historical or current facts are "forward-looking statements" made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 (the "Act") and Section 21E of the Securities Exchange Act of 1934. These statements often can be identified by the use of terms such as "may," "will," "expect," "believe," "anticipate," "estimate," "approximate" or "continue," or the negative thereof. We intend that such forward-looking statements be subject to the safe harbors for such statements. We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and important factors beyond our control that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.



9 | Page




ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION


We were incorporated in the State of Nevada on November 18, 2010.We intend to distribute Czech Bohemian crystal chandeliers in the North American market to both retail and wholesale customers.  We have not generated any revenues and the only operation we have engaged in is the development of a business plan and execution of the Sales Distribution Agreement with Hascrone S.R.O on March 2, 2011.



Three month period ended May 31, 2012 Compared to the Three month period ended May 31, 2011


Our net loss for the three month period ended May 31, 2012 was $7,135 compared to a net loss of $6,473 for the three month period ended May 31, 2011. During the three month period ended May 31, 2012, we did not generate any revenue.  


During the three month period ended May 31, 2012, we incurred general and administrative expenses of $7,135 compared to $6,473 incurred during the three month period ended May 31, 2011. General and administrative expenses incurred during the three month period ended May 31, 2012 were generally related to corporate overhead, financial and administrative contracted services.


The weighted average number of shares outstanding was 4,740,000 for the three month period ended May 31, 2012 compared to 4,000,000 for the three month period ended May 31, 2011.


Liquidity and Capital Resources


Three month period ended May 31, 2012  


As at May 31, 2012, our current assets were $4,202 compared to $6,187 in current assets at February 29, 2012. As at May 31, 2012, current assets were comprised of $43 in cash and $4,159 in prepaid expenses. As at May 31, 2012, our current liabilities were $8,838. Current liabilities were comprised of $8,838 in advances from director.


Stockholders’ deficit was $4,636 as of May 31, 2012.



Cash Flows from Operating Activities


We have not generated positive cash flows from operating activities. For the three  month period ended May 31, 2012, net cash flows used in operating activities was $5,135 consisting of a net loss of $7,135 and prepaid expenses of $2,000. Net cash flows used in operating activities was $6,473 for the three month period ended May 31, 2011.



10 | Page




Cash Flows from Financing Activities

We have financed our operations primarily from either advancements or the issuance of equity and debt instruments. For the three month period ended May 31, 2012 net cash provided by financing activities was $5,150 received from Director’s loan and issuance of common stock.  For the period from Inception on November 18, 2010 to May 31, 2012 net cash provided by financing activities was $35,038 received from Director’s loan and issuance of common stock.


Plan of Operation and Funding


We expect that working capital requirements will continue to be funded through a combination of our existing funds and further issuances of securities. Our working capital requirements are expected to increase in line with the growth of our business.


Existing working capital, further advances and debt instruments, and anticipated cash flow are expected to be adequate to fund our operations over the next three months. We have no lines of credit or other bank financing arrangements. Generally, we have financed operations to date through the proceeds of the private placement of equity and debt instruments. In connection with our business plan, management anticipates additional increases in operating expenses and capital expenditures relating to: (i) acquisition of inventory; (ii) developmental expenses associated with a start-up business; and (iii) marketing expenses. We intend to finance these expenses with further issuances of securities, and debt issuances. Thereafter, we expect we will need to raise additional capital and generate revenues to meet long-term operating requirements. Additional issuances of equity or convertible debt securities will result in dilution to our current shareholders. Further, such securities might have rights, preferences or privileges senior to our common stock. Additional financing may not be available upon acceptable terms, or at all. If adequate funds are not available or are not available on acceptable terms, we may not be able to take advantage of prospective new business endeavors or opportunities, which could significantly and materially restrict our business operations. We will have to raise additional funds in the next twelve months in order to sustain and expand our operations. We currently do not have a specific plan of how we will obtain such funding; however, we anticipate that additional funding will be in the form of equity financing from the sale of our common stock. We have and will continue to seek to obtain short-term loans from our directors, although no future arrangement for additional loans has been made. We do not have any agreements with our directors concerning these loans. We do not have any arrangements in place for any future equity financing.


Off-Balance Sheet Arrangements


As of the date of this Quarterly Report, we do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors.



ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.


No report required.



ITEM 4. CONTROLS AND PROCEDURES


Our management is responsible for establishing and maintaining a system of disclosure controls and procedures (as defined in Rule 13a-15(e) and 15d-15(e) under the Exchange Act) that is designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Commission’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Exchange Act is accumulated and communicated to the issuer’s management, including its principal executive officer or officers and principal financial officer or officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.



11 | Page




An evaluation was conducted under the supervision and with the participation of our management of the effectiveness of the design and operation of our disclosure controls and procedures as of May 31, 2012. Based on that evaluation, our management concluded that our disclosure controls and procedures were effective as of such date to ensure that information required to be disclosed in the reports that we file or submit under the Exchange Act, is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms. Such officer also confirmed that there was no change in our internal control over financial reporting during the Three-month period ended May 31, 2012 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.



PART II. OTHER INFORMATION



ITEM 1. LEGAL PROCEEDINGS


Management is not aware of any legal proceedings contemplated by any governmental authority or any other party involving us or our properties. As of the date of this Quarterly Report, no director, officer or affiliate is (i) a party adverse to us in any legal proceeding, or (ii) has an adverse interest to us in any legal proceedings. Management is not aware of any other legal proceedings pending or that have been threatened against us or our properties.



ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS


No report required.


ITEM 3. DEFAULTS UPON SENIOR SECURITIES


No report required.



ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS


No report required.



ITEM 5. OTHER INFORMATION


No report required.




 



12 | Page



ITEM 6. EXHIBITS


Exhibits:


31.1 Certification of Chief Executive Officer and  Chief Financial Officer pursuant to Securities Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a).


32.1 Certifications pursuant to Securities Exchange Act of 1934 Rule 13a-14(b) or 15d-14(b) and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes- Oxley Act of 2002.


101 Interactive data files pursuant to Rule 405 of Regulation S-T. 



SIGNATURES


In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


 

BENACO, INC.  

Dated: June 18, 2012

By: /s/ Natalia Belykh

 

Natalia Belykh, President and Chief Executive Officer and Chief Financial Officer

















13 | Page



EX-31.1 2 certification311.htm EXHIBIT 31.1 ex 31.1

Exhibit 31.1


CERTIFICATION


I, Natalia Belykh, President, Chief Executive Officer and Chief Financial Officer of BENACO, INC., certify that:


1.   I have reviewed this Quarterly Report on Form 10-Q of BENACO, INC., CORP.;


2.   Based on my knowledge, this report does not contain any untrue statement of 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 quarterly  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   control  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;

     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 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.


Date: June 18, 2012



/s/ Natalia Belykh

____________________________

Natalia Belykh, President,

Chief Executive Officer and  Chief Financial Officer



EX-32.1 3 certification321.htm EXHIBIT 32.1 32.1

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 of BENACO, INC. (the "Company")  on Form 10-Q for the period  ended  May 31,  2012 as filed with the Securities  and  Exchange  Commission  on the date  hereof (the  "Report"),  the undersigned,  in the  capacities  and  on  the  dates  indicated  below,  hereby certifies pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to his knowledge:


     1.   The Report 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  Report  fairly  presents,  in all material respects,  the financial  condition and   results of operations  of the Company.


Date: June 18, 2012



/s/ Natalia Belykh

__________________________

Natalia Belykh, President,

Chief Executive Officer and

Chief Financial Officer




EX-101.INS 4 benaco-20120531.xml 10-Q 2012-05-31 false BENACO, INC. 0001515250 --02-28 4740000 Smaller Reporting Company No No No 2013 Q1 43 28 4159 6159 4202 6187 4202 6187 8838 3688 8838 3688 8838 3688 4740 4740 21460 21460 -30836 -23701 -4636 2499 4202 6187 7135 6473 30836 -7135 -6473 -30836 0 0 4740000 4000000 2000 0 -5135 -6473 -34995 5150 3000 8838 0 0 26200 5150 3000 35038 15 -3473 43 28 4000 0 43 527 0 0 0 0 0 0 -4159 <!--egx--><p style="MARGIN:0px" align="justify"><b>NOTE 1 - ORGANIZATION AND BUSINESS OPERATIONS</b> </p> <p style="MARGIN:0px" align="justify"><br></br><br></br>Benaco, Inc. (&#147;the Company&#148;) was incorporated under the laws of the State of Nevada, U.S. on November 18, 2010. The Company is in the development stage as defined under Statement on Financial Accounting Standards Accounting Standards Codification FASB ASC 915-205 "Development-Stage Entities.&#148; and intends to commence operations in the business of Bohemian Cristal Chandeliers distribution. The Company has not generated any revenue to date and consequently its operations are subject to all risks inherent in the establishment of a new business enterprise. For the period from inception, November 18, 2010 through May 31, 2012 the Company has accumulated losses of $30,836.</p> <p style="MARGIN:0px" align="justify"><br></br>&nbsp;</p> <p style="MARGIN:0px" align="justify"><b>NOTE 2 - GOING CONCERN</b></p> <p style="MARGIN:0px" align="justify"><br></br>&nbsp;</p> <p style="MARGIN:0px" align="justify">The 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 has incurred losses since inception resulting in an accumulated deficit of $30,836 as of May 31, 2012 and further losses are anticipated 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 and loans from directors and/or private placement of common stock. </p> <p style="MARGIN:0px" align="justify"><br></br><br></br><b>NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</b> </p> <p style="MARGIN:0px" align="justify"><br></br>&nbsp;</p> <p style="MARGIN:0px" align="justify"><i><u>Basis of Presentation</u></i></p> <p style="MARGIN:0px" align="justify">The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars. </p> <p style="MARGIN:0px" align="justify"><br></br><i><u>Cash and Cash Equivalents</u></i></p> <p style="MARGIN:0px" align="justify">The Company considers all highly liquid instruments with a maturity of three months or less at the time of issuance to be cash equivalents.</p> <p style="MARGIN:0px" align="justify">&nbsp;</p> <p style="MARGIN:0px" align="justify"><i><u>Use of Estimates and Assumptions</u></i></p> <p style="MARGIN-TOP:0px; MARGIN-BOTTOM:12px">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.<br></br></p> <p style="MARGIN-TOP:0px; MARGIN-BOTTOM:12px"><i><u>Foreign Currency Translation</u></i></p> <p style="MARGIN:0px" align="justify">The Company's functional currency and its reporting currency is the United States dollar.</p> <p style="MARGIN:0px" align="justify"><br></br>&nbsp;</p> <p style="MARGIN:0px"><i><u>Stock-based Compensation</u></i></p> <p style="MARGIN:0px" align="justify">The Company records stock based compensation in accordance with the guidance in ASC Topic 718 which requires the Company to recognize expenses related to the fair value of its employee stock option awards. This eliminates accounting for share-based compensation transactions using the intrinsic value and requires instead that such transactions be accounted for using a fair-value-based method. The Company recognizes the cost of all share-based awards on a graded vesting basis over the vesting period of the award.</p> <p style="MARGIN:0px" align="justify"><br></br><i><u>Income Taxes</u> </i></p> <p style="MARGIN:0px" align="justify">The Company follows the liability method of accounting for income taxes. Under this method, deferred income tax assets and liabilities are recognized for the estimated tax consequences attributable to differences between the financial statement carrying values and their respective income tax basis (temporary differences). The effect on deferred income tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. </p> <p style="MARGIN:0px" align="justify"><br></br><br></br><i><u>Basic and Diluted Loss Per Share</u></i></p> <p style="MARGIN:0px" align="justify">The Company computes loss per share in accordance with &#147;ASC-260&#148;, &#147;Earnings per Share&#148; which requires presentation of both basic and diluted earnings per share on the face of the statement of operations. Basic loss per share is computed by dividing net loss available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted loss per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive loss per share excludes all potential common shares if their effect is anti-dilutive.</p> <p style="MARGIN:0px" align="justify">The Company has no potential dilutive instruments and accordingly basic loss and diluted loss per share are equal.</p> <p style="MARGIN:0px" align="justify"><br></br>&nbsp;</p> <p style="MARGIN:0px" align="justify"><i><u>Fiscal Periods</u></i></p> <p style="MARGIN:0px" align="justify">The Company's fiscal year end is February 28.</p> <p style="MARGIN:0px" align="justify"><br></br>&nbsp;</p> <p style="MARGIN:0px" align="justify"><b>NOTE 4 - COMMON STOCK</b></p> <p style="MARGIN:0px" align="justify"><br></br>The authorized capital of the Company is 75,000,000 common shares with a par value of $ 0.001 per share. On February 28, 2011, the Company issued 4,000,000 shares of common stock at a price of $0.001 per share for total cash proceeds of $4,000.</p> <p style="MARGIN:0px" align="justify">During year ended February 29, 2012 the Company issued 740,000 shares of common stock at a price of $0.03 per share for total cash proceeds of $22,200.</p> <p style="MARGIN:0px" align="justify">During the period November 18, 2010 (inception) to May 31, 2012, the Company sold a total of 4,740,000 shares of common stock for total cash proceeds of $26,200.</p> <p style="MARGIN:0px" align="justify">&nbsp;</p> <p style="MARGIN:0px" align="justify"><b>NOTE 5 - INCOME TAXES</b></p> <p style="MARGIN:0px" align="justify"><br></br>As of May 31, 2012 the Company had net operating loss carry forwards of $30,836 that may be available to reduce future years&#146; taxable income through 2032. Future tax benefits which may arise as a result of these losses have not been recognized in these financial statements, as their realization is determined not likely to occur and accordingly, the Company has recorded a valuation allowance for the deferred tax asset relating to these tax loss carry-forwards.</p> <p style="LINE-HEIGHT:12pt; MARGIN:0px"><br></br><b>NOTE 6 - RELATED PARTY TRANSACTONS</b></p> <p style="MARGIN:0px" align="justify"><br></br>&nbsp;</p> <p style="MARGIN:0px" align="justify">During the period November 18, 2010 (inception) to May 31, 2012, related party had loaned the Company $8,838. As of May 31, 2012, total loan amount was $8,838. The loan is non-interest bearing, due upon demand and unsecured.</p> <p style="MARGIN:0px" align="justify"></p> <p style="MARGIN:0px" align="justify">&nbsp;</p> <p style="MARGIN:0px" align="justify"><b>NOTE 7 &#150; SUBSEQUENT EVENTS</b></p> <p style="MARGIN:0px" align="justify"><br></br>&nbsp;</p> <p style="MARGIN:0px" align="justify">The Company has evaluated subsequent events from May 31, 2012 through the date whereupon the financial statements were issued and has determined that there are no items to disclose.</p> <p style="MARGIN:0px" align="justify"><br></br><br></br><br></br><br></br></p> 0001515250 2012-03-01 2012-05-31 0001515250 2012-05-31 0001515250 2012-02-29 0001515250 2011-03-01 2011-05-31 0001515250 2010-11-18 2012-05-31 0001515250 2011-02-28 0001515250 2010-11-17 0001515250 2011-05-31 shares iso4217:USD iso4217:USD shares EX-101.SCH 5 benaco-20120531.xsd 200000 - Disclosure - Organization, Consolidation and Presentation of Financial Statements link:presentationLink link:definitionLink link:calculationLink 000040 - Statement - STATEMENTS OF CASH FLOWS link:presentationLink link:definitionLink link:calculationLink 000030 - Statement - STATEMENTS OF OPERATIONS link:presentationLink link:definitionLink link:calculationLink 000020 - Statement - BALANCE SHEETS link:presentationLink link:definitionLink link:calculationLink 000010 - Document - Document and Entity Information link:presentationLink link:definitionLink link:calculationLink EX-101.CAL 6 benaco-20120531_cal.xml EX-101.DEF 7 benaco-20120531_def.xml EX-101.LAB 8 benaco-20120531_lab.xml Financing Activities General and Administrative Expenses Cash Entity Voluntary Filers Operating Activities Net income (loss) Total current liabilities Current Assets Entity Registrant Name Cash and equivalents at beginning of the period Cash and equivalents at beginning of the period Cash and equivalents at end of the period Net (loss) Common Stock, $0.001 par value, 75,000,000 shares authorized,4,740,000 shares issued and outstanding LIABILITIES AND STOCKHOLDERS' EQUITY: Document Period End Date Income taxes paid Supplemental cash flow information: Stockholders' Equity Amendment Flag (Loss) per common share Basic Income Statement Current Fiscal Year End Date Weighted Average Number of Common Shares Outstanding Entity Current Reporting Status Decrease (Increase) in Prepaid expenses Total stockholders' equity Deficit accumulated during the development stage Current Liabilities: Entity Central Index Key Expenses: Loans from Shareholders Statement of Financial Position Document Fiscal Year Focus Organization, Consolidation and Presentation of Financial Statements Total Assets Entity Filer Category Total liabilities and stockholders' equity Assets {1} Assets Interest paid Sale of Common Shares Entity Common Stock, Shares Outstanding Prepaid expenses Statement [Table] Document Fiscal Period Focus Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies [Text Block] Net cash provided by financing activities Statement of Cash Flows Entity Well-known Seasoned Issuer Loans from Shareholder Net cash (used) for operating activities Additional paid-in-capital Total liabilities Total current assets Statement [Line Items] Document and Entity Information Net increase (decrease) in cash and equivalents Document Type EX-101.PRE 9 benaco-20120531_pre.xml XML 10 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; word-wrap: break-word; } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } EXCEL 11 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`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`R8C)A+U=O'0O:'1M;#L@8VAA2!) M;F9O2!);F9O'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$ M'0^36%Y(#,Q+`T* M"0DR,#$R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@ M/'1R(&-L87-S/3-$'0^9F%L2!#96YT3PO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'0^,#`P,34Q-3(U,#QS<&%N/CPO M'0^+2TP,BTR.#QS<&%N/CPO2!&:6QE3PO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^4VUA;&QE3QS M<&%N/CPO'0^3F\\2!6;VQU;G1A3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R M=%\R-3$X9#8S85\T8V$P7S0X-#5?8CDT-U]C.#!B,V4T,#)B,F$-"D-O;G1E M;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO,C4Q.&0V,V%?-&-A,%\T.#0U7V(Y M-#=?8S@P8C-E-#`R8C)A+U=O'0O:'1M;#L@8VAA'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'!E;G-E'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$F5D+#0L-S0P+#`P,"!S:&%R M97,@:7-S=65D(&%N9"!O=71S=&%N9&EN9SPO=&0^#0H@("`@("`@(#QT9"!C M;&%S3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\R-3$X9#8S85\T8V$P M7S0X-#5?8CDT-U]C.#!B,V4T,#)B,F$-"D-O;G1E;G0M3&]C871I;VXZ(&9I M;&4Z+R\O0SHO,C4Q.&0V,V%?-&-A,%\T.#0U7V(Y-#=?8S@P8C-E-#`R8C)A M+U=O'0O M:'1M;#L@8VAA2`S,2P@,C`Q,3QB'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA2`S,2P@,C`Q,CQB'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R M(&-L87-S/3-$'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQAF%T M:6]N+"!#;VYS;VQI9&%T:6]N(&%N9"!0'0@0FQO8VM=/"]T9#X-"B`@("`@("`@ M/'1D(&-L87-S/3-$=&5X=#X\(2TM96=X+2T^/'`@3X\8CY.3U1%(#$@+2!/4D=!3DE:051)3TX@ M04Y$($)54TE.15-3($]015)!5$E/3E,\+V(^(#PO<#X@/'`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`Z,'!X.R!-05)'24XM0D]45$]-.C$R<'@G/CQI M/CQU/D9O3Y4:&4@0V]M M<&%N>2=S(&9U;F-T:6]N86P@8W5R3X\8G(^/"]B6QE/3-$34%21TE..C!P>#X\:3X\=3Y3=&]C:RUB M87-E9"!#;VUP96YS871I;VX\+W4^/"]I/CPO<#X@/'`@3Y4:&4@0V]M<&%N>2!R96-O65E('-T;V-K(&]P=&EO;B!A=V%R M9',N(%1H:7,@96QI;6EN871E6QE/3-$34%21TE..C!P>"!A;&EG;CTS1&IU&5S/"]U/B`\+VD^/"]P/B`\<"!S='EL M93TS1$U!4D=)3CHP<'@@86QI9VX],T1J=7-T:69Y/E1H92!#;VUP86YY(&9O M;&QO=W,@=&AE(&QI86)I;&ET>2!M971H;V0@;V8@86-C;W5N=&EN9R!F;W(@ M:6YC;VUE('1A>&5S+B!5;F1E"!AF5D M(&9O"!C;VYS97%U96YC97,@871T2!D:69F97)E;F-E"!A"!R871EF5D M(&EN(&EN8V]M92!I;B!T:&4@<&5R:6]D('1H870@:6YC;'5D97,@=&AE(&5N M86-T;65N="!D871E+B`\+W`^(#QP('-T>6QE/3-$34%21TE..C!P>"!A;&EG M;CTS1&IU3Y4:&4@0V]M<&%N>2!C;VUP M=71E6QE/3-$34%21TE..C!P>"!A;&EG;CTS1&IU3X\:3X\=3Y&:7-C86P@4&5R:6]D3X\8G(^/"]B6QE/3-$34%21TE..C!P>"!A M;&EG;CTS1&IU3X\8G(^ M/"]B2`R."P@,C`Q,2P@=&AE M($-O;7!A;GD@:7-S=65D(#0L,#`P+#`P,"!S:&%R97,@;V8@8V]M;6]N('-T M;V-K(&%T(&$@<')I8V4@;V8@)#`N,#`Q('!E6QE/3-$34%21TE..C!P>"!A;&EG;CTS1&IU2!S;VQD(&$@=&]T86P@;V8@-"PW-#`L M,#`P('-H87)E6QE/3-$34%21TE..C!P>"!A M;&EG;CTS1&IU6QE/3-$34%21TE..C!P>"!A;&EG;CTS1&IU2!B92!A=F%I;&%B;&4@=&\@3X\8G(^/"]B6QE/3-$34%21TE..C!P>"!A;&EG;CTS1&IU6QE/3-$34%21TE..C!P>"!A;&EG;CTS1&IU3X\ M8CY.3U1%(#<@)B,Q-3`[(%-50E-%455%3E0@159%3E13/"]B/CPO<#X@/'`@ M3X\8G(^/"]B6QE/3-$34%21TE..C!P>"!A;&EG;CTS1&IU2`S,2P@,C`Q,B!T:')O=6=H('1H92!D871E('=H97)E=7!O M;B!T:&4@9FEN86YC:6%L('-T871E;65N=',@=V5R92!I3X\8G(^/"]B3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\R-3$X9#8S M85\T8V$P7S0X-#5?8CDT-U]C.#!B,V4T,#)B,F$-"D-O;G1E;G0M3&]C871I M;VXZ(&9I;&4Z+R\O0SHO,C4Q.&0V,V%?-&-A,%\T.#0U7V(Y-#=?8S@P8C-E M-#`R8C)A+U=O&UL#0I#;VYT96YT+51R86YS M9F5R+45N8V]D:6YG.B!Q=6]T960M<')I;G1A8FQE#0I#;VYT96YT+51Y<&4Z M('1E>'0O:'1M;#L@8VAA&UL;G,Z M;STS1")U XML 12 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
BALANCE SHEETS (USD $)
May 31, 2012
Feb. 29, 2012
Current Assets    
Cash $ 43 $ 28
Prepaid expenses 4,159 6,159
Total current assets 4,202 6,187
Total Assets 4,202 6,187
Current Liabilities:    
Loans from Shareholders 8,838 3,688
Total current liabilities 8,838 3,688
Total liabilities 8,838 3,688
Stockholders' Equity    
Common Stock, $0.001 par value, 75,000,000 shares authorized,4,740,000 shares issued and outstanding 4,740 4,740
Additional paid-in-capital 21,460 21,460
Deficit accumulated during the development stage (30,836) (23,701)
Total stockholders' equity (4,636) 2,499
Total liabilities and stockholders' equity $ 4,202 $ 6,187
XML 13 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.1.0.1 * */ var moreDialog = null; var Show = { Default:'raw', more:function( obj ){ var bClosed = false; if( moreDialog != null ) { try { bClosed = moreDialog.closed; } catch(e) { //Per article at http://support.microsoft.com/kb/244375 there is a problem with the WebBrowser control // that somtimes causes it to throw when checking the closed property on a child window that has been //closed. So if the exception occurs we assume the window is closed and move on from there. bClosed = true; } if( !bClosed ){ moreDialog.close(); } } obj = obj.parentNode.getElementsByTagName( 'pre' )[0]; var hasHtmlTag = false; var objHtml = ''; var raw = ''; //Check for raw HTML var nodes = obj.getElementsByTagName( '*' ); if( nodes.length ){ objHtml = obj.innerHTML; }else{ if( obj.innerText ){ raw = obj.innerText; }else{ raw = obj.textContent; } var matches = raw.match( /<\/?[a-zA-Z]{1}\w*[^>]*>/g ); if( matches && matches.length ){ objHtml = raw; //If there is an html node it will be 1st or 2nd, // but we can check a little further. var n = Math.min( 5, matches.length ); for( var i = 0; i < n; i++ ){ var el = matches[ i ].toString().toLowerCase(); if( el.indexOf( '= 0 ){ hasHtmlTag = true; break; } } } } if( objHtml.length ){ var html = ''; if( hasHtmlTag ){ html = objHtml; }else{ html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ objHtml + "\n"+''+ "\n"+''; } moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write( html ); moreDialog.document.close(); if( !hasHtmlTag ){ moreDialog.document.body.style.margin = '0.5em'; } } else { //default view logic var lines = raw.split( "\n" ); var longest = 0; if( lines.length > 0 ){ for( var p = 0; p < lines.length; p++ ){ longest = Math.max( longest, lines[p].length ); } } //Decide on the default view this.Default = longest < 120 ? 'raw' : 'formatted'; //Build formatted view var text = raw.split( "\n\n" ) >= raw.split( "\r\n\r\n" ) ? raw.split( "\n\n" ) : raw.split( "\r\n\r\n" ) ; var formatted = ''; if( text.length > 0 ){ if( text.length == 1 ){ text = raw.split( "\n" ) >= raw.split( "\r\n" ) ? raw.split( "\n" ) : raw.split( "\r\n" ) ; formatted = "

"+ text.join( "

\n" ) +"

"; }else{ for( var p = 0; p < text.length; p++ ){ formatted += "

" + text[p] + "

\n"; } } }else{ formatted = '

' + raw + '

'; } html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+'
'+ "\n"+' formatted: '+ ( this.Default == 'raw' ? 'as Filed' : 'with Text Wrapped' ) +''+ "\n"+'
'+ "\n"+' '+ "\n"+'
'+ "\n"+' '+ "\n"+'
'+ "\n"+''+ "\n"+''; moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write(html); moreDialog.document.close(); this.toggle( moreDialog ); } moreDialog.document.title = 'Report Preview Details'; }, toggle:function( win, domLink ){ var domId = this.Default; var doc = win.document; var domEl = doc.getElementById( domId ); domEl.style.display = 'block'; this.Default = domId == 'raw' ? 'formatted' : 'raw'; if( domLink ){ domLink.innerHTML = this.Default == 'raw' ? 'with Text Wrapped' : 'as Filed'; } var domElOpposite = doc.getElementById( this.Default ); domElOpposite.style.display = 'none'; }, LastAR : null, showAR : function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }, toggleNext : function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }, hideAR : function(){ Show.LastAR.style.display = 'none'; } }
XML 14 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 18 Months Ended
May 31, 2012
May 31, 2011
May 31, 2012
Expenses:      
General and Administrative Expenses $ 7,135 $ 6,473 $ 30,836
Net (loss) $ (7,135) $ (6,473) $ (30,836)
(Loss) per common share Basic $ 0 $ 0  
Weighted Average Number of Common Shares Outstanding 4,740,000 4,000,000  
XML 15 R1.htm IDEA: XBRL DOCUMENT v2.4.0.6
Document and Entity Information
3 Months Ended
May 31, 2012
Document and Entity Information  
Entity Registrant Name BENACO, INC.
Document Type 10-Q
Document Period End Date May 31, 2012
Amendment Flag false
Entity Central Index Key 0001515250
Current Fiscal Year End Date --02-28
Entity Common Stock, Shares Outstanding 4,740,000
Entity Filer Category Smaller Reporting Company
Entity Current Reporting Status No
Entity Voluntary Filers No
Entity Well-known Seasoned Issuer No
Document Fiscal Year Focus 2013
Document Fiscal Period Focus Q1
XML 16 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended 18 Months Ended
May 31, 2012
May 31, 2011
May 31, 2012
Operating Activities      
Net (loss) $ (7,135) $ (6,473) $ (30,836)
Decrease (Increase) in Prepaid expenses 2,000 0 (4,159)
Net cash (used) for operating activities (5,135) (6,473) (34,995)
Financing Activities      
Loans from Shareholder 5,150 3,000 8,838
Sale of Common Shares 0 0 26,200
Net cash provided by financing activities 5,150 3,000 35,038
Net increase (decrease) in cash and equivalents 15 (3,473) 43
Cash and equivalents at beginning of the period 28 4,000 0
Cash and equivalents at end of the period 43 527 43
Supplemental cash flow information:      
Interest paid 0 0 0
Income taxes paid $ 0 $ 0 $ 0
ZIP 17 0001515250-12-000008-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001515250-12-000008-xbrl.zip M4$L#!!0````(`%$PTT#'O82%ZA$``+A:```3`!P`8F5N86-O+3(P,3(P-3,Q M+GAM;%54"0`#.4[@3SE.X$]U>`L``00E#@``!#D!``#5'&ES(L?ULU.5_]"I MN"R[2H,8T(%66J<00AO*NR`+Y,3YDFIF&NCL''AZ!D1^?=Y[/3>'`"$I^\%> MQ'2_^^YFKO_VY#IL)@(E?>_CD5FI'C'A6;XMO?''(ZE\H]$XNS3,H[_]_.<_ M7?_%,-A]X-N1)6PV7+#V[:?F@XID*)CR1^&T9]W!!RW>G42@"UO$\ M?\9#P*".X0^K<@S/IHM`CB>7SWUK M(EQN+.URI/=UU3[S\O+RA)XF2Y=6%NG!QT.N,LCP5.Y`?Z2,,>?3=,>(JR&M MCA^LD!]8P6G-O-B$1*_(TV275!2O/3_1#X]`I=]=(S,?%(GL08P8R>'#)!"C MCT=#4I21**KRI.RC>$&XF(J/1TJZ4P?8.B%(H/D/M[X5N<(+!_"<6;X7BJ?P M`6'=`HQZU?QWK/.?S:KQZ_5)>_8M#S<#1"J-ZAG(K`BV`"&% MWX1'-CZ^<_AX(]P1=Y30(`N;4E!M+Y3AXD&,I0H#[H5=[FZF]*;=;;9ZX(7= M5D4#7@6B!+\%:`/N=#Q;//TB%AL15,$1SLRSVEDU#[X$(87?BH(`>9+*XL[O M@@?;2-LPJC6CUM#PUT$HL^"[KN_U0]_ZVI]`F%*]*$3'P#C'(D]J3/K140%[ M)XD4MK"D"PJ!K[IW1S^?7IP"KT4N-R`IT7,G'1&T@,ZQ'VP6:!]PPEKV(*9^ M$"*Y&%>YM\AC+H`KLZXEE.[OASR,U$:<7;_`UDH`)2R_^4[DA3S0I.P"OK2S M!/;.0"'KQ==O;1[#70= M$)Z'_ZNY"GIN-\&/0_:'%E>3S(@?^[=;6C"PD`>Q*\Q:[7())KKE6ICW@9AR M:;>?IL)38A^*S;/+#'X1W/Z85O%QOBVFIE(B5+&+[,,2X,\0%:#MC6@'R;20&_H-P(/[9]QQBE'B!0AJ->LZ&UX,^#`6K^*V?-W:G MX+/D0^G(0_*^#/)E&)_G=7N,AV1N3QP[L5.,K5F=\!MWHKTB(50?N4A;`O@2 M;*O8V@%;T[8E=GJ0K2!B=KP6G\J0.WNP6#-/SW-8UP`^`/*5>6QWY+=B)AQ_ MBND:*J2Q@.I#!--`*G$K1M*28=."9!Z1(]]&`112Y1U[",FH5QOU\URT>#$1 M;\O3*MD;M?I%U7PUGLAP)[YC0['9_B.""G$?N9^>Y\6^#/-E*%>:Y.GEY=88 M$'<_R7?'95YO2 M\S-Z,HJ**D#=$]]&)1A%+1P"WT8)EY/">H1M'G@0+Q5TEC2QN.%*6CG$RDZ> M["3@7.9%`-&P4^DXT_$/@+%K8S1G8XEAT(W"X-GY3"X)J%*>[E08;TEA*WN`M_]['/O!5H^,\]R1K@$^`5H-ZJL7O#&0Z+=*/]BD[\] M6IP)XS%9;Y3K;O<7^AK65V(Y($W;AJ*WI&FCNFKGM75F\CQ=:WSK3GJP[T`Q MLN@]VV-\#4)W\+?W)71S^7]6S;OHGI3B'F@9\!_L\&;<@5Y?Z0.2@P M@8[&RG+[K2E!=5ULRAEO0\9VYO(6BEF9#6H7>Q'2P8FE4"$.CP]25.0![H=I M^Z[EI9@V!H+M,.'L8L"?A#J@``LP]\:W0_-W$'S;"W,COOV[W. MMQ>,N2?_2]<$6[ZG?$?:]`?D!MBFP,?HS]XHK@VX@Q=1!`[YU:U4EN.K*!`X M_I5C3XZDQ3T\&?`C#QNM>X!G014Q`%9N'"Q:-]V_^,$)K_YB&&+\9!@_C,,K M_'O*5+APQ,\MN'ON=;KO?9[W[]@-]W<==)[2-T<=I^O'% MM`3)IY/LX]*7^K*DOK+)?OR!N].KOYJG%U?A1"27D)(O&U<_L3E73(+=!5,_ MP+,8L"-;!`Q7.WRNF#^BSZ0U_*,K9MSFQ^RQTJ\PWV-=?R9PCL3,QC&K5K&GPA7"*:BX7^$ M%>(>[C@,J/B*A$X$G?3'%$.XYD-'JHD6]8AQYHEYQHA(C^HJ[,[7MC"ERHZ- MH,=#,*^\`6KF_1EC84E9GEV]L<@`BA!TON^7CUNU,\K MK^XVJ&9OJ*97A\:4!HL:!(M/O4[W$VOUNJWV0S>+"M\D=VBMH]0A51K"09LS M<`$A/#;%+!&`0L'U.!O[Z)E@KI8(/#;D"@+!?"*M"7B]BEQ0>-XFYA*,=0@F M/G3(WB'Q./*_@BRQ M'<._D)4$(1I%(>2>95<$^\9[+*EI*C3XS.J!.A4Y%'D`+3A[WIIM?;B=,V<, M<_!7P1^0F5$4`$%!@@2]%W(?;)X2H!51$Z`@WRE/`9<*J0"GQ]%]B*JQ_6@8 M@AS]*&0K(O[Y%6`BJ2UT6,,(&E$H+NE,BV6[M1CE;0'5@4WWB::^5]!N'-9P MPS3P1S(DZ2]'4JT/%,X):LMG_C#DB6:%!2SS8)&8(0"#%:X0H8Z#$-#&22`$ MZ:(Q+I;,A`=:8A3&8F/)XG=&T'PB""U>\G5!"1%8R1?N0;)P=1Q-$X.F)N6& M9**0GEF<1#VH5E@X%P[XB0LBG`!T&4Z8>()T0.OQSB9(##,%D>[0,)5(M&4` MT=P/5"(4B,HSS`53AULB,0J+1FW@E5`@5=ZGZ"A&OSI$O_[C%T#V.^O=L7[G M4[=SUVDUNP/6;+5ZC]T!1L;[WN=.J]-^TX+IM2*_3#Y$5()1N`/-Y$M@PABE M!,D#YX*U$3HNX+(`MQ2P)84P/[#)DLDZM^Q"G'(<'ZFW,M:@=NB2-=-&'W##@ M#324:`'K.(DW7:A,F\CQ!$3M2*`%!01U8J251\K@S.40&3$.DS(#D882"`D. MQBZNHWTH74I[,A[#8X2"M$HA1F2,'K3">AN7>M3YO`T+7;(Q5&`32PG*R?OJ MSACT[I&H*Q;_?=,;#'I?/IBUA-!$<]I;=&L M<*_G'"E`_8$3@2VD>0@3(/]*!7U.*CR3"H`$R^"C$?4$`#Z@GX.@-[M(%F'( M%5B%7!D77+I#UWF&&$',Z_9H+';<*X;K8A+N6T=.W/;H14+/'*"\H"N"N4TD M46I**M`+AA$@T'49_D8C32<^"HGILK:2'$0C MK04;!)#CG;?*"VD1./45%("CR+/TO5AF)011OPNRRX2;/I)JA67J^/W_VJJM MU@(=1AKX.TS],U>PK#?6`(@7\ZS2M1K3I%@Y4E;E8A3^&!(#UUT(C30&_E1: M[,)LQ$U5&AWRJ9X:*]A*I9X4Z%\EX%/R3RX#-J/1>MQ?"'?J^`O(,9I( M7S<]?(X3%NP*P!Z$(UWP:XHX68##'DOA92)C!6/X,T7%+1V6(I4X,Y32X-AX MU4G3H&OWF!G,A(+;.HJI"/@L0,&&46,'9(A<@^7$DT'P8DI<`1'`+G9ZJ6BT MT+!LIV@(^3C/A.8[;FH#;L-7,Z$K=]W5II5^\G4\*HGC'^U_?3]9,G8]2V8T M3,X,G+VZA8\@,/AS+=,D-2QB!9!\B_8B-9DADEF!&*-GCR!6O>,8&VH1Z"HU M6;DV^P0BTZJ=MOQ)V+=I;SI!LRA?Z8E<,G?0.4,_&PKHVH2W+HE!4:4/CK3A MICD-O`E,=RKP!%SDB=;6\B/LQDDK-+(Y9#]ITQ0Z48.M[<`US>\LZ!['%!UP M94">*55>&M)+8,651FRFY%OPQ(GLV!-P?AP2BYC'W[&A7&ZJ+.+^5CH1JI/N MV][CW!C]]4VK=WI'@J+9#0I21XQ5P3N;OT/8-FKGU6S&?)Q[F%QV)6":G6P6 M70KQTUQ323,N'_`,4^G8L71$'J2F+Y[+C+B5EF>9/<,7V02DPK2XRPRJA'=Z MDX0M9Y)^B^V)4"_E,RZ=Q)N2N01NC2_VXRY$.X^OHL(&NHO*/+J,2D3D?N.= MAU"H`9/*+S&%$IUC\#V5N%,\"R>YH$]._5#H85D1?![Q.E2XOX1+/,6^@TC6 MP9:C.#;$-$E%PSXC(>J0"6+Y9"%'5BJ%?)=)70,9+C`-3HDJ,$_-_ M0.']_UH%[MICZM]K,WV)Y0VG`6E=KO$OP',A"-MH)'=B&$28+&J-;U?*V6#P ME!FLU?ORI==E_4&O]H8@79#EC3U`.]I\?/2&(CK^>'YO4-//T, M/+W3!5]OLT'SG_DA_VM[>G/YN*TX_[:I7,D.;"BM436/:HC;O>SXC@ID%\!A MNYDO;Z`\CZSTU`I=0V7';%B'T\*D@(^/Q6O5>JW"[O0>:@N$)T;8=NLJ#Q'A M*55\S*9'6G&84B(Y+*0A/MX8H$%^L-W8X19M*BX`%K/'+`P[M0!"[= MQ$"HCOPJ')H?^)85!>7ZX+@D4!6/-;"[[)7/SB$)>,CB`'AMJ3\*Q2V`5[^+X!;M.HL&4_ M/(Y#'&Z*)[YT_2C9@3F:GDDL6CU#QG<+P-D6;G)<&D$_#T8J M#CYD^7:"[47229Y5KUC_\:;?_O6QW1VP]F_P_V_=:LOMC-`1!JP.[SWHRU`, MSPS"^-"\%/IUW$V/)>9X%RJ]HK#R=&(NJ-6E"@8M;,(+$9(2`E[=T"T0M%<2 M=BH]/Z+SDH.V<[O-3+;_4I.7W?M\ZZN<=(\TOL[)I+U\G1.>?W+MA\C[)5N>7XAOMLFT:YDD.Z+6.A#$",((@I!?1Z9<# MU@U\I47VK5XEXI?5Y5\@*+(7V`&"#.CU2#T/T[_4>6?[-),W M7^[C8?H7/N_,@=;3Q7X&UL550)``,Y3N!/ M.4[@3W5X"P`!!"4.```$.0$``+U5VX[:,!!]9J7]!Y<^T$HX(2`D0$M760B[ M2"Q!A*I]JT)LP&IB(]OATJ^O;3900A&G*$TP@A,M\#K/KICD1*) M@6`SN0XY+@,7K4*J`1V6+%.).>A3RE:A5!5$61F155:QY9:3^4*"#YV/H%JI M-&"UXC@66*_7%D;SD!M:*V()@%#7C@G]WM*?:2@P4%U3T2XNI%RV;%LG;:8\ MMAB?VXJL9F?`XNU-H6#`K8T@)PGK6@9W[*_/@R!:X"2$A`JIV]\E"M(2QC]@ MD1G@#27!682V8`:#V@6=*JPYUD:@HT9G)-Z7><`TC)A*=ZJ5>LTY0FF>OQ3@ MMY07"9QFLVF;Z#%:T2&YAQ^SU^U=\!:6=O:SJ*@N[N^0LQF,\`_K\/.Z? M&]G6<9L@_JW+HC3!5&:G2Y%')9';/ITQGIC[*0(S1TMNE[A=%"19QCCS+3B> MM8M30P\S>JW]^S>SVX?VHS".TMBX!\H^J8LW$E.$4599CW"E^4P#]I\ZN$#9 M!W?@#CM>\.1YD^#?)3RER56KTU*YB!),W(GW[`TG@=_S1][8G?3]X07JG.'+ M5:8S-7/7J^,&3[V!_^5*H4O@>S!5)Z? M4$L#!!0````(`%$PTT#V`NO+J`8``#!.```7`!P`8F5N86-O+3(P,3(P-3,Q M7V1E9BYX;6Q55`D``SE.X$\Y3N!/=7@+``$$)0X```0Y`0``[5Q;<]HX%'YN M9_H?O-D'=F=J#,EFILDTVW$(:9FA@0ETNV\=81]`4UGR2C(A^^M7,I"8BR\$ MLLB9O'`Q1T??^3Y=CBSACY^F`;$FP`5F]*)2K]8J%E"/^9B.+BI8,/O#A],S MNU[Y].>[MQ]_L6VKRYD?>>!;@WNK>?79O141EF`)-I1WB,-[R_4GB&J#!@O" M2`*W6I2R"9*J!O%>??&J[]5OX3W'H[&T?FO\;AW7:A_LXUJ]7K7N[NZJX(\0 MC]U6/198MJWK)IC^/-.XXN-!UP4F5\Y"AG)\["\.C= MVS=O8N/SJY.%N9UY^^O[9XWA@#9F`JIX<\*"GPNXNMMYL4!%*C22K70 MW^R%F:TOV?5C^Z1>G0H_`72(R4,UET"1QU3Q^G'M]*2>L-)^MB1@K]'[JS'YJ^M$>,F[SOCOG!E^W#$$5$[A'QNN^]XF4!POLD>,WU'M#&CNP` M@@'P?4)=\IO`N0"YBG!E`'%B=-CG/ZZ8%ZFPY>+=I7Z32BSO6W3(>!"/=OG` M![%[>^$^QEC8>P*^:B>88GVUK;XN50M3"=0'?U&QCF!/X<7U.QL`[,#KI=MV M;QK-WI=FL]][.H'+;IZ3J>6:=$7SF@CSDNXK1,^!C%>2^"O)CC!$8A`WW4C8 M(X1"75G=`2+%XDH\R=NU^GS2^W5^^4=/(@E:ICX:$%C40-``R$4EQ<@Y,%1% M/[341Y$']]'P0)!=(4`*=R`D1YY,@;MBE(3ZV.1U`5-C>; M=076`C1.B`82XQ3>XY\,H#FEE239GD5A'+E=#B'"?G,:JB0J;>Q>,2H'X:N1 M;:;^V)`!ILC`8@+QA0<48PG/9+H\,Z>!_+8Q&F"B"`.A$O:>9-[/,2,*E6C^ M$ZGD/6<2+5S<@&ZP29?BX1LW"R2@%TMX,@J8KT[!E.>`/>DJ@CZ[!:*&`[^+ M>`)TBAX9!0ZJ1W[#2FJ4%78)^DSAOE(F33:%:5Q_28#,%\$T]G-8-[#I;SVU MEV\RWW[Z/CG@"ID%`:,QY+\0B=*6<6MF!TYV\QK1TO)Y+43C>H7K^WB&IJO6 MG2W:0"&6&MKF]4:*=8DT20W8N/GA"B9`6*B75FJ--8(FE[JY(=>K.?L-SQ$R"Y!K>X,SC'7JJ?*.MX8&D2FLDEBNXN* M@%&P89'A/,=N;Z_O]IM?FS?]7N>ZTVW>NOU6YV:';=\4?\^Y_YM2Y>M&\,O; M"+X!V:(>"Z#-1-Y^\&;;$@R#*4$:E^PWF)!ZH)YO+^7ID6I^4$DR6]3RZBLM M6N.$^0P4."(*K.L'BDX-5.()9.]PYI4ZJ$QY;2VI5&[XQ@FVU`B+#&*3VR26Z>1!Q1%@>.`]`[`[+U%"QTIS2WV`J3+I\:X/+1XX#L/ MGR]!X6WH,F[C*P7\-::(>GN8,K,8..U20+#-Y5Z8@"GD&-?CBD>^\VCZ M$B3>AB[C9E"-W*6^?M.;]!-$U*2B[S5BYJ\F?VD;0]NX*,&LN1TE1BJ:P.VJ MQLGYO6J'F>.)#`04A]=C3U)D'"Y+!B;-?>EN\").,T+@&=W5SJHRF(3"66K*7ZZ:N+%K.W>]Z70R$`G)F%"`"I!^N4[_>P&0E"B*("$!HN!^B&-3P.YB M]]%BL5B`[WYZF$;@#C&.*7F_US_H[0%$`AIB,GF_ASGMO'W[YK#3W_OIQV^_ M>?>'3@=<,AHF`0K!Z!&N][;SJ]?L'X/[^_@"%$\@4V8.` M3D&G(WE'F'P]DC]&D",@I";\_?/;.)X==;NRT\.(10>43;J"V.MNWO#YM]\\ M>Z8:'SUPO-3A_G7>O-_]Q]_.KX-;-(4=3'@LQ4\[K",?=?JO.J_[!P\\+`@ZQM&-R]2?]--/RRUQC7BS-4J3/GL':,1ND)CH'@>Q8\S]/XY MQ]-9A)YGSVX9&E>3BQCKROY=@B8P1J'4XZ'48__/4H_?98_/X0A%SX%L^?EJ MJ)7L<(E6VJG;EHR7B&$:GI+-A"WU;EGJZQBRV$+N0O_6)+\1;@YM)'.A9WO2 MTAA&FTF[Z)E*F_I.^>!<_+8D-'J($0E1F(LMZ=1\CQ4;Y2DDX9PR#8HT]R+I M+"G;*VIBK^A'QI"/%,V$=R80SJ1_ZW=1%//\B9H-.KU^YAV_RQY_^83B8\AO MQ21TAX74'QX_!+?60-HB(#&Z1(.KY!H3BVLKU7M;>N43D*#B;T MKALBG-I3_%(VHWCTY93$.'[\A48)$9'4XQF.1(A2LHB^W<8&;F1M8^V4,)A3 M!BEI7P#0./8<#89ZWWG4=#%#TAW91TUUA+85-1D(;X/%.?FG%S49:,8P:C*V M:ZM0'I*`3M$YY09HK6CK`I!Z$6PP)P@#K"B#%Y&@_=)#P.E'7H&I)NVW!YMS M#$9BH;6@-$SMT&+6N6#("4(H@4/WU"C'WX9,DW*;P\O`\Y1 MG`O1X&:JVUJCIE8$JZ`Z@TS*P#>TU`Z[#!@#U6\W`+]"$[6H(_$G."U;4]O, M0?A=S=A!]+T@#"1E7^#1-/+5V+M.Y^TNM4__G>`[&`F(\H&(LQA[%"'5+S!* M=$F>ADY.EN?-0MDNW%5^!RW8`!B#D3`*(3*LIF,0WR(P4[L!=2C;W>!FI9V* M_^]QYCM):XP2B4?&X]M5KJ991U59'-.OWXY6/B8K'LPM#%:TNQL M1J'3*277,0V^ULXAY6;VLX:&L=4\H6@"170?_+%WT.OUP0PR<"CWY#_!;*(0$,(EO*<._HW#_^_T?OE_Z#'.>H%!Y*IK$LN)`UK'X!C6='E?< M4*T%=[)V'I!0R7-+(Z$S+IUD_-BP/#+N[G*=;22H#7#/AX,/P_/AS?#T&@P^ MG8#KFXOCCW^].#\YO;K^$YQ1_A=P^O?/PYO?CGR#W[I:JEFDKV'/;2W#3FB0 M3,4L/:^&.8%QU3JLNIW50JR6M0VVY-:7;<'C.MD-HN0 MQ"F,9/A_%M'[(1E3-E5EGPU3G&EO:R"M*:8-P(JL0"`7@&/!#.`%-^]FMC6U M4X;B1E9L$:+K!E[;#+6V&UP5J>?!E&+B'>+6CIYV'2\-!+Y#B?&S"$XJXJ3E MSZWBHTI6-K"8$P22HB]8T`ZU&`75J+4]#W(*F4Q)4$@&+@"U2,M%#V&`:6:#N`OHY%##]MWAG5 MM7844&O%P.@W!)E^?:YM:C4%-0G@ M8AL])0XD=2]7ZDTZ*$Y39E9HS]W\BN09010.[A"#$_0IF8X0NQ@K/\@O%BG> MNIEL/1K6KFDCD6UPF#,$&4>0LI0;"3WB7,.(&7A"]Y,5;%:36)BE%;#,(8@ M1RH.4%W**(SN181+G2"A'=% M;,:PQ/<8!S@>!$$R32)YCODD8<+3EGMH4.:`L#4JW0W.SC\J7@`NF(%0<5.5 M6N&"I8"ZX.D;K-UIL?PU<(V179Y?,*^Z<%Z9WBR,BW5U@8MW.TW-&F@^VK"+ M2RK>_+C^`W.1MO<0N==F@:]6BAHHOX68[P$W=`KI*;12\B: M#]W5=+"/R1J%L2H#I)!P(,V79MFR&-LW1#4K8254,C1)F^O-;`_C8IS=Y@*C M2\JQ27V.25<':U)S`>VJ(S(^,L4[YP1R5KYA;QVUK*Y;US7=S.D2K6SL*@LA+1@NBJ%,A16&6O>=" M'E]0OQ7EEAWL%@#4]B%]S5IN6S]^YLZ'%"Y[ M4=/:D]FQ,E71NF?.=CL#&=T/X_IB&)=A4TH1_*?_7Y<7%&PN9SR_;EDKK&_( MKAYL]42ZZ[AI*+>]$(]KC\`5FCBH"EEE:%>CF]+S].#;ZF!7:SITZFT/!9>, M!@B%_$Q(/^0\D=?S7XP+A\XUT&CN9XT78]<F@P0BM%DKZ!R5@3982M::4M M;SLNV*Y48^KW(.LZN=B0-!#*Q>[DT@T7_I;BKJ>8BIU+8W.UZ>(,BB)=ET"Z M+WCTO;+1K([1EZK%+'MU`T>1#A*E1NYVAI:8NMD#^J>B^2_?,%$]9.W^3H6B MV]G)2:^E,-O+*;9UN)M3(8++_9SL$A'/=W0JE*#?T]$:XHGLZIR(4424)PS) M;`:>$#S&`22R_)`F1!XON!3T`HSX#7J(/T3Z8+QU,7:[5V2AN%UO*X&%[*I/ M07JP$!_D\@N_+D8`U!"\<^Z[LJ'3W2MK]._\_0T5+S72N(DU"+3XEBL77TUY MHZ2ZG6:6\9/OI1S/7WD%G]K+&VK4M/FKKG8>;%^,\PMUFI+EM5UB1IJ2K$:#+/=7-*O*(H^$GI/KA'DE`C$RTL_6T=9)`: M1'&0/)(<.E\E"Y#S`"D37R!EK(W5C)&197:3#U=EO0;Y[[2=TWSW$FOWIY308>Y$(-B_!F#)`YR_2>G*Q6(V6 M-G^!ULY*%<)0E4W#2&XZ#LDQG.$81AJ,ZEK;%R_4BV%5Q3`GK?:%.YAT@I2Z M;WAK4,)*U8"),792@*5!3[&%R[(J%RA9J:#R#1P5XZTIA_+B!5DZ)[+4QNT+ ML=Q!(7^#&O2XKJCAL%:-HG>PV#_'!`W%KSKO4-'0W<)^A;FC739)%RC"WF5C M]6/7KN$UFC]-QD$QCB:[]#(==\?;9QMXWAL:Y@3O;= M9'8_6[\76/F"FG55DF-H,V.U^Z(U(5?IW4WI3F'Y"B6-8UJ+A).7L*TKL.WB M#)/\ZJP0%:[."BK>[^4+7FW45?5BK\T,O.UBA!M!MJ;^0'WLI.2@R,B)MY,$ M?<&*;J!5E00+E1:E%Q/C5_$L?R1^C`06Q)/_`5!+`P04````"`!1,--`O&S` M\V<(``#`:@``%P`<`&)E;F%C;RTR,#$R,#4S,5]P&UL550)``,Y3N!/ M.4[@3W5X"P`!!"4.```$.0$``.U=;7/B.!+^/%.U_\&7_%8RR!<4S)9:-]?-(P@%C4QF1^V<"<-C]]^GC>;#=^^?F']Y__T6P: M(T9MWP+;F#X9W>LOYBWWL0<&IS/O`3'X8)CV$A$IT*$+U_>`&7U"Z!)YH@7^ M0?QC'7\0]]PGAN?WGO'/SK^,TY.33\W3DW;[V'AX>#@&>XY84.VQ11=&LRG; M=C#YZT+^F2(.AM":\,NC>\]S+UHM6>AQRIQCRN8M4=E9:RUX],/[=^\"X8M' MCF,%'L[6XNW6?[\.QM8]+%`3$^Y)]<."'%_PX/J`6H$!!9HTE!+RO^9:K"DO M-=NGS;/V\2.W(XK.L//+3VCZWP9D(:9ZCS#*N@\EW():,.W,+,D)^_W_95)K?D_1:VV=TU MM?P%$&_]:1*[2SSL/?7)C+)%P,^1$=AQX3VY<'G$\<)U8'WMGL'L\F@:5-]< M5R^Q_[%P[:T7]5T&7(@%UP?B0JQA>/2`V&"OFY8V[,A`J<%*!8=:T58;CG12 MRAI1>QMI]@H/N\MJQ)QRCR'+6]?DH"DXEXW"Q5IEE8PZ&0?K>$Z7+1NPQ*@M MOP2=0_.DO0J6'\6EN[#Y6YACV2KQ;M`"$@HKQ:(*1HDT65Q9Q*QUE>)KP&)# MZ>,KB98KND'B-:U[[-CKTC-&%R4`7"M!,VPP?"ZTH:XLB)R&09D-+.S"#X+_ MVI")J#8%]]CMFN$=-RT=Y]-#XSP"AJFPP;Y&7A;@<;F:(I\P-IV"LT-18`J5 M;*E6ST'S%.CC]VL&><*X=*A_.A34H=H=H0Y#3E^,H8^_P9.R6T_*U0QZA;'I M%'P\%`4=GTE#>YA;R/D3$%/W.4K1FA&A-CF=BW\?.!SH8D')V*/67^-[83P? M^IZ<3\LL31T;685JQD\1&-*9^L]AF>IA!UA'>,Z<,G6W%9>J)1<)0]/!_W3@ M,`FC^!9SWP7;>%O;N.D,\6G`N,^;.T8\#D'#R>$\X)(5V0WW":*/I)P]3(&\*& M&8@LQQZ$9BMU#!3TQ-P;`LEJ.5LE9H6H2\I6S&"ZTVVRMV&B=N'30?Q>@7QP M2PN@%9X2Q3NT0SMX1PQ[_?)';Y@RGA8MK$0II MS!0'0+O1(*)ZLN M*$M9AM<@;@K'2[U823-4NYB)*)E/@W[XY^"NH?N7'N3K.*R7'\BW/N.V1=;\ M(\52Z@TCM8L,T[9QJ,U(9*)]TD$N]J1JZ?F'0KI6 MK"A-UFZ;0)1XPEV$.US##%O9,R_(7?C`%N?89)O-D"=4< M;/N*:T7Y+H#4K@O=A*#P8%8O]M(,W=-)XOVM*KQR-:%ZIHJL]>0;GQ,]N]_Q M'T_,2?=K]V8R'O:&H^ZM.>D/;[;8^E?4M]\S`(I&J_'P/K'H`IX=(F<&K9*N M>INY/EO^.7A_W^7_OLM?@H$;\$*'&E">M]F?+JL+#YDCD<),[>CH4.[)L7*U M]Y?'B%*\8E(RO2J>"JOLU8Z:+T"`(4DR'P$+'INZ0AQ;"@;296LQK"C, MU(Z.;R#?>P*VN101/(<;?S$%-IQM/-&615.Y.FI!7TE8*DU6.^;XU]Y@^&U' MN>I+=8=+55_:K/S8NCS5UG/H0]X$*[-(U4E3?7+6(LA_3UR_)Z[EYG;2E4:, M+K'HE:Z>?N=@]\G0!3DK)7/3$G/3<.DQ-ZLM6Y$N#.:EO*4!TI'EVLW@7^F6 MI:?W%=(BE&.`Y#99^-DGAH!P^Z$SJZ(Z#YV9`&D7TT)["\#F/0'`@"*B"MU-.3TCM(![QA^BV3!?NV$T MJJ-\/81\6ZG(D%Z.AQ6@++W8FL>6' M/-&R1([`C(&6JJ,7H60X4+3F-Z&T*]V3L27ABYH'D[$*UX2W+ MMG0MN"\,Q9[>0[K-LI,'`E5/'M!7+C%%1*JFHYS/Q=>0HI9JE[B$ MBY,3]`@\DXNX5)WI2-B;DW?L?BOX&G/+H=QG,&1S1/#_@TH[E'#J8#LT@-BC M2(.1-T(]]PM\B]^JV)$">_XYBQUI64U8;:5SSA"VF[HKZF^V4O[%)^1#"'A. M\`Q;B,B'>ZA/Y&KM2-1GB0QS(ISNRE&ONQQ MW9%_Y&\;B2M_`U!+`P04````"`!1,--`3W66P/,#``#_$0``$P`<`&)E;F%C M;RTR,#$R,#4S,2YXD^X_>'G)G=0DA&Y/!4%7+(5=)!:JPFGW#9G$H=89.VL[I;U?OV,G M@4`AHM==:75J7VI[OIGY9L:Q/;3?/ZP8NB=24<$[3N#5'41X*"+*EQV'*N%> M7EXTW M.#D\IFP#_T`X#H4!->H7!H*UEG0!1`="KJY)C%.F.T[*OZ68T9B2"#+"R(IP MO0,HB3662Z+'>$54@D-RW)5ELQ&;4-?GGI!+@-0#_^OGT=0&6=!^8)3_ M-)M-WTH+Z!.DS4IN^MPWX@569&,9I+0"3[G2IHAE?*1W4YZ#+_Q,6$!3Y2XQ M3C;8&*N%Q>:"))3'PD[>M`WS5D'_EL3(AMW2CPGI MU!1=)8S4\K4[2>).;6&3[A9)GR>2>,"L`$G!0/%HX$;L@XJ"S7C";$[+G1 M@$J8LI^\Z8R-&42!S.#OV^'&WMY9E5&BD9Q?4Q4RH5)))G*).?W7,NS!62X8 MC>RDRZ.;TB4P^E!,9O"BCTZ50W1J%/[D0:SL/*XMKO["C(*?\A%6T

[OF@%*^5%3^9;MA.NO.^I_[X]ET,NAUIY\&H\F7Z;:VA\7'*F7J],Y4:I-B M,]Z80),!,D:0M?*:_)WL3F[ZM]W9<#(^DOV2O"K]Y]7IWUIY3?_\0W?4'??Z MTT_]_JR4]=WEJF0W]I.=JZ),]S7%\VL1IB8WQ7^X"/I<4_TXA!>A7%D>I9OD M%'1500)[3>3:Y:&Y$3)3J&3K_U.@ME]Z9<-DYPG>AO>-D!IE'==(A%92T2V8 MF5NT#*Y9<,F@RX-GM:)F:;MCTS2UX8E,1F8^IXT2IM,P< M9)L#)T,H+2E?#N&@-RC'G%A.3-F\ZJ3J+D`+A]!(XWQ4>#4A=)S3=%4*0ZI3 ML_I1BC0I*%$@DX77]K.DPO`[4$L!`AX#%`````@`43#30,>]A(7J$0``N%H` M`!,`&````````0```*2!`````&)E;F%C;RTR,#$R,#4S,2YX;6Q55`4``SE. MX$]U>`L``00E#@``!#D!``!02P$"'@,4````"`!1,--`PYF0R38"```5"0`` M%P`8```````!````I($W$@``8F5N86-O+3(P,3(P-3,Q7V-A;"YX;6Q55`4` M`SE.X$]U>`L``00E#@``!#D!``!02P$"'@,4````"`!1,--`]@+KRZ@&```P M3@``%P`8```````!````I(&^%```8F5N86-O+3(P,3(P-3,Q7V1E9BYX;6Q5 M5`4``SE.X$]U>`L``00E#@``!#D!``!02P$"'@,4````"`!1,--`Q,H!^U4, M```IC0``%P`8```````!````I(&W&P``8F5N86-O+3(P,3(P-3,Q7VQA8BYX M;6Q55`4``SE.X$]U>`L``00E#@``!#D!``!02P$"'@,4````"`!1,--`O&S` M\V<(``#`:@``%P`8```````!````I(%=*```8F5N86-O+3(P,3(P-3,Q7W!R M92YX;6Q55`4``SE.X$]U>`L``00E#@``!#D!``!02P$"'@,4````"`!1,--` M3W66P/,#``#_$0``$P`8```````!````I($5,0``8F5N86-O+3(P,3(P-3,Q M+GAS9%54!0`#.4[@3W5X"P`!!"4.```$.0$``%!+!08`````!@`&`"8"``!5 %-0`````` ` end XML 18 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Organization, Consolidation and Presentation of Financial Statements
3 Months Ended
May 31, 2012
Organization, Consolidation and Presentation of Financial Statements  
Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies [Text Block]

NOTE 1 - ORGANIZATION AND BUSINESS OPERATIONS





Benaco, Inc. (“the Company”) was incorporated under the laws of the State of Nevada, U.S. on November 18, 2010. The Company is in the development stage as defined under Statement on Financial Accounting Standards Accounting Standards Codification FASB ASC 915-205 "Development-Stage Entities.” and intends to commence operations in the business of Bohemian Cristal Chandeliers distribution. The Company has not generated any revenue to date and consequently its operations are subject to all risks inherent in the establishment of a new business enterprise. For the period from inception, November 18, 2010 through May 31, 2012 the Company has accumulated losses of $30,836.



 

NOTE 2 - GOING CONCERN



 

The 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 has incurred losses since inception resulting in an accumulated deficit of $30,836 as of May 31, 2012 and further losses are anticipated 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 and loans from directors and/or private placement of common stock.





NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES



 

Basis of Presentation

The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in US dollars.



Cash and Cash Equivalents

The Company considers all highly liquid instruments with a maturity of three months or less at the time of issuance to be cash equivalents.

 

Use of Estimates and Assumptions

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Foreign Currency Translation

The Company's functional currency and its reporting currency is the United States dollar.



 

Stock-based Compensation

The Company records stock based compensation in accordance with the guidance in ASC Topic 718 which requires the Company to recognize expenses related to the fair value of its employee stock option awards. This eliminates accounting for share-based compensation transactions using the intrinsic value and requires instead that such transactions be accounted for using a fair-value-based method. The Company recognizes the cost of all share-based awards on a graded vesting basis over the vesting period of the award.



Income Taxes

The Company follows the liability method of accounting for income taxes. Under this method, deferred income tax assets and liabilities are recognized for the estimated tax consequences attributable to differences between the financial statement carrying values and their respective income tax basis (temporary differences). The effect on deferred income tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.





Basic and Diluted Loss Per Share

The Company computes loss per share in accordance with “ASC-260”, “Earnings per Share” which requires presentation of both basic and diluted earnings per share on the face of the statement of operations. Basic loss per share is computed by dividing net loss available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted loss per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive loss per share excludes all potential common shares if their effect is anti-dilutive.

The Company has no potential dilutive instruments and accordingly basic loss and diluted loss per share are equal.



 

Fiscal Periods

The Company's fiscal year end is February 28.



 

NOTE 4 - COMMON STOCK



The authorized capital of the Company is 75,000,000 common shares with a par value of $ 0.001 per share. On February 28, 2011, the Company issued 4,000,000 shares of common stock at a price of $0.001 per share for total cash proceeds of $4,000.

During year ended February 29, 2012 the Company issued 740,000 shares of common stock at a price of $0.03 per share for total cash proceeds of $22,200.

During the period November 18, 2010 (inception) to May 31, 2012, the Company sold a total of 4,740,000 shares of common stock for total cash proceeds of $26,200.

 

NOTE 5 - INCOME TAXES



As of May 31, 2012 the Company had net operating loss carry forwards of $30,836 that may be available to reduce future years’ taxable income through 2032. Future tax benefits which may arise as a result of these losses have not been recognized in these financial statements, as their realization is determined not likely to occur and accordingly, the Company has recorded a valuation allowance for the deferred tax asset relating to these tax loss carry-forwards.



NOTE 6 - RELATED PARTY TRANSACTONS



 

During the period November 18, 2010 (inception) to May 31, 2012, related party had loaned the Company $8,838. As of May 31, 2012, total loan amount was $8,838. The loan is non-interest bearing, due upon demand and unsecured.

 

NOTE 7 – SUBSEQUENT EVENTS



 

The Company has evaluated subsequent events from May 31, 2012 through the date whereupon the financial statements were issued and has determined that there are no items to disclose.









XML 19 FilingSummary.xml IDEA: XBRL DOCUMENT 2.4.0.6 Html 8 39 1 false 0 0 false 3 false false R1.htm 000010 - Document - Document and Entity Information Sheet http://Benaco/20120531/role/idr_DocumentDocumentAndEntityInformation Document and Entity Information true false R2.htm 000020 - Statement - BALANCE SHEETS Sheet http://Benaco/20120531/role/idr_BALANCESHEETS BALANCE SHEETS false false R3.htm 000030 - Statement - STATEMENTS OF OPERATIONS Sheet http://Benaco/20120531/role/idr_STATEMENTSOFOPERATIONS STATEMENTS OF OPERATIONS false false R4.htm 000040 - Statement - STATEMENTS OF CASH FLOWS Sheet http://Benaco/20120531/role/idr_STATEMENTSOFCASHFLOWS STATEMENTS OF CASH FLOWS false false R5.htm 200000 - Disclosure - Organization, Consolidation and Presentation of Financial Statements Sheet http://Benaco/20120531/role/idr_DisclosureOrganizationConsolidationAndPresentationOfFinancialStatements Organization, Consolidation and Presentation of Financial Statements false false All Reports Book All Reports Process Flow-Through: 000020 - Statement - BALANCE SHEETS Process Flow-Through: 000030 - Statement - STATEMENTS OF OPERATIONS Process Flow-Through: 000040 - Statement - STATEMENTS OF CASH FLOWS benaco-20120531.xml benaco-20120531.xsd benaco-20120531_cal.xml benaco-20120531_def.xml benaco-20120531_lab.xml benaco-20120531_pre.xml true true