Going Concern Disclosure	9 Months Ended
Sep. 30, 2021
Notes
Going Concern Disclosure	NOTE 2 - GOING CONCERN The Company has generated limited revenue since inception to date and has sustained an operating loss of $39,953 for the nine months ended September 30, 2021. The Company had a negative working capital of $48,785 and an accumulated deficit of $340,499 as of September 30, 2021, and a negative working capital of $33,332 and an accumulated deficit of $300,546 as of December 31, 2020. The Company’s continuation as a going concern is dependent on its ability to generate sufficient cash flows from capital to meet its obligations and/or obtaining additional financing from its members or other sources, as may be required. The accompanying financial statements have been prepared assuming that the Company will continue as a going concern; however, the above condition raises substantial doubt about the Company’s ability to do so. The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result should the Company be unable to continue as a going concern. The Company’s management expects that COVID-19 will delay its plans for project development in Asia. In order to maintain its current level of operations, the Company will require additional working capital from either cash flow from capital or from the sale of its equity. However, the Company currently has no commitments from any third parties for the purchase of its equity. If the Company is unable to acquire additional working capital, it will be required to significantly reduce its current level of operations.

Going Concern Disclosure

9 Months Ended

Sep. 30, 2021

NOTE 2 - GOING CONCERN

The Company has generated limited revenue since inception to date and has sustained an operating loss of $39,953 for the nine months ended September 30, 2021. The Company had a negative working capital of $48,785 and an accumulated deficit of $340,499 as of September 30, 2021, and a negative working capital of $33,332 and an accumulated deficit of $300,546 as of December 31, 2020. The Company’s continuation as a going concern is dependent on its ability to generate sufficient cash flows from capital to meet its obligations and/or obtaining additional financing from its members or other sources, as may be required.

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern; however, the above condition raises substantial doubt about the Company’s ability to do so. The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result should the Company be unable to continue as a going concern.

The Company’s management expects that COVID-19 will delay its plans for project development in Asia.

In order to maintain its current level of operations, the Company will require additional working capital from either cash flow from capital or from the sale of its equity. However, the Company currently has no commitments from any third parties for the purchase of its equity. If the Company is unable to acquire additional working capital, it will be required to significantly reduce its current level of operations.

UNITED CAPITAL CONSULTANTS INC. 10-Q