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Consolidated Balance Sheets - USD ($)
Jun. 30, 2019
Jun. 30, 2018
Current Assets    
Cash and cash equivalents $ 57,154 $ 270,826
Accounts receivable 583,333  
Prepaid expenses and deposits   218,658
Loan receivable 32,000 32,000
Total Current Assets 672,487 521,484
Deferred assets 103,898 137,083
Film costs 428,731 2,535,359
TOTAL ASSETS 1,205,116 3,193,926
Current Liabilities    
Accrued liabilities 41,813 87,237
Due to related party 12,000  
Deferred film revenue 354,398 1,799,471
Interest payable 117,716 50,182
Other Payable   55,000
Promissory Note Payable 230,000 480,000
Promissory note payable - related party 320,000  
Total Current Liabilities 1,075,927 2,471,890
Long-term Liabilities    
Promissory note payable - related party   350,000
TOTAL LIABILITIES 1,075,927 2,821,890
Stockholders' Equity    
Preferred stock: no par value, 5,000,000 authorized; Series A Preferred stock: 2,000,000 authorized; No shares issued and outstanding
Common stock: 25,000,000 authorized; $0.001 par value 5,778,765 and 5,328,765 shares issued and outstanding respectively. 5,779 5,329
Additional paid in capital 1,880,506 1,655,956
Accumulated deficit (1,755,486) (1,289,249)
Total shareholders' equity attributable to Almost Never Films Inc. shareholders 130,799 372,036
Non-controlling interest (1,610)  
Total shareholders' equity 129,189 372,036
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,205,116 $ 3,193,926