GOING CONCERN	3 Months Ended
Jun. 30, 2024
GOING CONCERN
GOING CONCERN	NOTE 3 - GOING CONCERN The Company has not yet generated any revenue since its inception and has an operating loss and net loss of $15,971 for the year ended June 30, 2024. As of June 30, 2024, the Company has accumulated deficit of $1,165,937, negative operating cash flow of $19,296 and negative working capital of $855,137. The Company’s continuation as a going concern is dependent on its ability to execute its operation plan to generate sufficient cash flows from operations to meet its obligations and/or obtaining additional financing from its major shareholder or other sources, as may be required. There can be no assurance that the necessary debt or equity financing will be available or will be available on terms acceptable to the Company. The accompanying financial statements have been prepared assuming that the Company will continue as a going concern; however, the above conditions raise 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. While we believe in the viability of our strategy to generate sufficient revenues in the future and in our ability to raise additional funds, there can be no assurances to that effect.

GOING CONCERN

3 Months Ended

Jun. 30, 2024

NOTE 3 - GOING CONCERN

The Company has not yet generated any revenue since its inception and has an operating loss and net loss of $15,971 for the year ended June 30, 2024. As of June 30, 2024, the Company has accumulated deficit of $1,165,937, negative operating cash flow of $19,296 and negative working capital of $855,137. The Company’s continuation as a going concern is dependent on its ability to execute its operation plan to generate sufficient cash flows from operations to meet its obligations and/or obtaining additional financing from its major shareholder or other sources, as may be required. There can be no assurance that the necessary debt or equity financing will be available or will be available on terms acceptable to the Company.

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern; however, the above conditions raise 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.

While we believe in the viability of our strategy to generate sufficient revenues in the future and in our ability to raise additional funds, there can be no assurances to that effect.

Xenous Holdings, Inc. 10-Q