Income Taxes

12 Months Ended

Apr. 30, 2013

Income Tax Disclosure [Abstract]

Note 9 - Income Taxes

Note 9 - Income taxes

The provision (benefit) for income taxes for the years ended April 30, 2013, and 2012 was as follows (assuming a 34 percent effective tax rate):

	Year Ended April 30,
	2013			2012
Current Tax Provision:
Federal-
Taxable income	$	-		$	-
Total current tax provision	$	-		$	-
Deferred Tax Provision:
Federal-
Loss carryforwards	$	20,101		$	19,922
Change in valuation allowance	$	(20,101	)	$	(19,922	)
Total deferred tax provision	$	-		$	-

The Company had deferred income tax assets as of April 30, 2013, and 2012, as follows:

	April 30,
	2013			2012
Loss carryforwards	$	60, 845		$	40,744
Less - Valuation allowance		(60,845	)		(40,744	)
Total net deferred tax assets	$	-		$	-

The Company provided a valuation allowance equal to the deferred income tax assets for the fiscal year ended April 30, 2013 because it is not presently known whether future taxable income will be sufficient to utilize the loss carryforwards. As of April 30, 2013, the Company had approximately $178,958 (April 30, 2012 - $119,837) in tax loss carryforwards that can be utilized in future periods to reduce taxable income, and begin to expire in the year 2030.

The Company accounts for income taxes in accordance with ASC Topic No. 740, “Income Taxes.” This standard requires the Company to provide a net deferred tax asset or liability equal to the expected future tax benefit or expense of temporary reporting differences between book and tax accounting and any available operating loss or tax credit carryforwards.

The Company has no tax positions at April 30, 2013 or April 30, 2012 for which the ultimate deductibility is highly certain but for which there is uncertainty about the timing of such deductibility.

The Company recognizes interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses. During the period ended April 30, 2013 the Company recognized no interest and penalties. The Company had no accruals for interest and penalties at April 30, 2013 or April 30, 2012.

The tax returns for the years ended April 30, 2013, 2012 and 2011 are subject to examination by the Internal Revenue Service.