8. INCOME TAXES

12 Months Ended

Jun. 30, 2014

Income Tax Disclosure [Abstract]

8. INCOME TAXES

a) A reconciliation of income tax expense to the amount computed at the statutory rate is as follows:

	2014			2013
Net loss for the year	$	(53,610	)	$	(125,932	)
Statutory tax rate		34	%		35	%
Computed expected (benefit) income taxes		(18,228	)		(44,076	)
Change in enacted tax rate		4,705			-
Income tax benefit not recognized		13,523			44,076
	$	-		$	-

b) Significant components of deferred income tax assets are as follows:

	2014			2013
Operating losses carried forward	$	178,000		$	165,000
Valuation allowance		(178,000	)		(165,000	)
	$	-		$	-

c) The Company has incurred operating losses of approximately $525,000 which, if unutilized, will expire through to 2034.  Future tax benefits, which may arise as a result of these losses, have not been recognized in these financial statements, and have been offset by a valuation allowance.  The following table lists the fiscal year in which the loss was incurred and the expiration date of the operating loss carry forwards:

	INCOME TAX OPERATING
	LOSS CARRY FORWARDS
			EXPIRATION
	AMOUNT		DATE
	$	54,000		2034
		126,000		2033
		107,000		2032
		88,000		2031
		13,000		2030
		22,000		2029
		68,000		2028
		37,000		2027
		10,000		2026
Total income tax operating loss carry forward	$	525,000