v2.4.1.9

CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)	Sep. 30, 2014	Jun. 30, 2014
Current Assets:
Cash & cash equivalents	$ 248,226	$ 3,110
Accounts receivable, net	280us-gaap_AccountsReceivableNetCurrent	280us-gaap_AccountsReceivableNetCurrent
Inventory	57,258us-gaap_InventoryNet	57,258us-gaap_InventoryNet
Residential property for sale	1,657,326	1,657,326
Advances and prepaids	26,558gdgr_AdvancesAndPrepaidsCurrent
Note receivables	50,000
Receivables from property sales	545,000	545,000
Total Current Assets	2,584,648us-gaap_AssetsCurrent	2,262,974us-gaap_AssetsCurrent
Property & Equipment, net	436,318us-gaap_PropertyPlantAndEquipmentNet	378,637us-gaap_PropertyPlantAndEquipmentNet
Total Assets	3,020,966us-gaap_Assets	2,641,611us-gaap_Assets
Liabilities
Accounts payable and accrued liabilities	10,476	9,341
Due to shareholders	294,685us-gaap_DueToRelatedPartiesCurrent	298,247us-gaap_DueToRelatedPartiesCurrent
Loan payable	42,000us-gaap_LoansPayableCurrent
Convertible notes payable	700,000us-gaap_ConvertibleNotesPayableCurrent
Deferred revenue	50,000us-gaap_DeferredRevenueCurrent
Mortgages on properties	1,792,715gdgr_MortgagesOnProperties	1,792,715gdgr_MortgagesOnProperties
Total Liabilities	2,889,876us-gaap_LiabilitiesCurrent	2,100,303us-gaap_LiabilitiesCurrent
Stockholders' Equity
Common Stock, $.001 par value, 100,000,000 shares authorized, 27,012,500 and 16,450,000 issued and outstanding, respectivley	27,013us-gaap_CommonStockValue	16,450us-gaap_CommonStockValue
Additional paid-in capital	(22,013)us-gaap_AdditionalPaidInCapital	(11,450)us-gaap_AdditionalPaidInCapital
Retained earnings	126,090	536,309
Total Stockholders' Equity	131,090us-gaap_StockholdersEquity	541,308us-gaap_StockholdersEquity
Total Liabilities & Stockholders' Equity	$ 3,020,966	$ 2,641,611

Represents advances and prepaids as of balance sheet date.

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Represents Mortgages on properties as of balance sheet date.

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Represents Receivables from property sales as of balance sheet date.

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Represents residential property for sale as of balance sheet.

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Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

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Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.

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Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock.

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Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

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Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.

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Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity.

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Carrying value as of the balance sheet date of the portion of long-term debt due within one year or the operating cycle if longer identified as Convertible Notes Payable. Convertible Notes Payable is a written promise to pay a note which can be exchanged for a specified amount of another, related security, at the option of the issuer and the holder.

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The carrying amount of consideration received or receivable as of the balance sheet date on potential earnings that were not recognized as revenue in conformity with GAAP, and which are expected to be recognized as such within one year or the normal operating cycle, if longer, including sales, license fees, and royalties, but excluding interest income.

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Carrying amount as of the balance sheet date of obligations due all related parties. For classified balance sheets, represents the current portion of such liabilities (due within one year or within the normal operating cycle if longer).

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Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.

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Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any.

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Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.

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Carrying value as of the balance sheet date of portion of long-term loans payable due within one year or the operating cycle if longer.

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An amount representing an agreement for an unconditional promise by the maker to pay the Company (holder) a definite sum of money within one year from the balance sheet date (or the normal operating cycle, whichever is longer), net of any write-downs taken for collection uncertainty on the part of the holder. Such amount may include accrued interest receivable in accordance with the terms of the debt. The debt also may contain provisions and related items including a discount or premium, payable on demand, secured, or unsecured, interest bearing or noninterest bearing, among a myriad of other features and characteristics. This amount does not include amounts related to receivables held-for-sale.

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Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.

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Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.

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GOLD RIDGE RESOURCES INC 10-Q/A