CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2012 Studio II Brands, Inc. (Successor)		Mar. 31, 2011 Studio II Brands, Inc. (Successor)		Feb. 09, 2011 Hippo Lace Limited (Predecessor)		Mar. 31, 2010 Hippo Lace Limited (Predecessor)
Current Assets
Cash	$ 25,912		$ 23,945		$ 14,088		$ 15,322
Due from related party	320,796		12,984		12,985		30,817
Accounts receivable			16,886		10,273
Other receivable					5,851		5,734
Prepaid expenses					5,668
Inventories	3,950		2,058				2,604
Total Current Assets	350,658		55,873		48,865		54,477
Property and equipment, net	121,784		105,478		108,883		124,789
Security deposits	105,514		41,216		41,216		41,077
Goodwill	311,291		55,484		118,758		118,758
Total Assets	888,247		258,051		317,722		339,101
Current Liabilities
Accounts payable and accrued expenses	109,222		51,987		22,059		32,673
Income tax payable	4,072		6,006		6,732		2,421
Payable to stockholder	88,998
Due to related parties	26,072		5,923		6,980		8,812
Stockholder's loan					184,226
Total Current Liabilities	228,364		63,916		219,997		43,906
Stockholder payable	538,296		131,688				196,266
Total Liabilities	766,660		195,604		219,997		240,172
Stockholder's Equity
Common stock	14,838	[1]	11,900	[1]	1	[2]	1	[2]
Additional paid-in capital	446,935		258,871		86,198		86,198
Accumulated losses	(339,186)		(208,324)		11,526		12,730
Total Stockholder's Equity	122,587		62,447		97,725		98,929
Total Liabilities and Stockholder's Equity	$ 889,247		$ 258,051		$ 317,722		$ 339,101

[1] Common stock, with par value $0.001; 100,000,000 shares authorized, 14,838,018 and 11,899,276 shares issued and outstanding as of March 31, 2012 and March 31, 2011, respectively

[2] Common stock, par value $1.0; 50,000 shares authorized, 1 shares issued and outstanding as of February 9, 2011 and March 31, 2010.