10-K Filing

SYNDICATED RESORTS ASSOCIATION,INC. CIK: 1723177 FY 2018

Filing Information

Form Type	10-K
Accession Number	`0001493152-19-005867`
Period End Date	20181231
Filing Date	20190424
Fiscal Year	2018
Fiscal Period	FY
XBRL Instance	srai-20181231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 23 Income Statement 24 Cash Flow Statement 26 Stockholders Equity 21

Balance Sheet 23 line items

Line Item	Tag	Value	Unit	Period
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.80K	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.04K	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.19K	USD	Point-in-time
Total Assets	`Assets`	$1.80K	USD	Point-in-time
Total Assets	`Assets`	$20.04K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrentAndNoncurrent`	-	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrentAndNoncurrent`	$3.37K	USD	Point-in-time
Credit Card Payable	`CreditCardPayable`	$5.70K	USD	Point-in-time
Credit Card Payable	`CreditCardPayable`	$9.95K	USD	Point-in-time
Total Liabilities	`Liabilities`	$5.70K	USD	Point-in-time
Total Liabilities	`Liabilities`	$13.32K	USD	Point-in-time
Common Stock	`CommonStockValue`	$763.00	USD	Point-in-time
Common Stock	`CommonStockValue`	$799.00	USD	Point-in-time
Additional Paid in Capital	`AdditionalPaidInCapitalCommonStock`	$97.99K	USD	Point-in-time
Additional Paid in Capital	`AdditionalPaidInCapitalCommonStock`	$130.95K	USD	Point-in-time
Subscriptions Receivable	`StockholdersEquityNoteSubscriptionsReceivable`	$3.00K	USD	Point-in-time
Subscriptions Receivable	`StockholdersEquityNoteSubscriptionsReceivable`	-	USD	Point-in-time
Retained Deficit	`RetainedEarningsAccumulatedDeficit`	$-143.28K	USD	Point-in-time
Retained Deficit	`RetainedEarningsAccumulatedDeficit`	$-81.42K	USD	Point-in-time
Total Stockholder's Equity (Deficit)	`StockholdersEquity`	$-11.52K	USD	Point-in-time
Total Stockholder's Equity (Deficit)	`StockholdersEquity`	$14.34K	USD	Point-in-time
Total Liabilities and Stockholders' Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$20.04K	USD	Point-in-time
Total Liabilities and Stockholders' Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$1.80K	USD	Point-in-time

Income Statement 24 line items

Line Item	Tag	Value	Unit	Period
Advertising	`AdvertisingExpense`	$12.54K	USD	Annual
Advertising	`AdvertisingExpense`	$256.00	USD	Annual
General and Administrative	`GeneralAndAdministrativeExpense`	$14.34K	USD	Annual
General and Administrative	`GeneralAndAdministrativeExpense`	$9.62K	USD	Annual
Legal and Professional	`LegalAndProfessionalFees`	$43.04K	USD	Annual
Legal and Professional	`LegalAndProfessionalFees`	$26.31K	USD	Annual
Outside Services	`OutsideServices`	$8.97K	USD	Annual
Outside Services	`OutsideServices`	-	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$53.19K	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$61.89K	USD	Annual
Loss from Operations	`OperatingIncomeLoss`	$-53.19K	USD	Annual
Loss from Operations	`OperatingIncomeLoss`	$-61.89K	USD	Annual
Other Income	`OtherNonoperatingIncome`	$17.73K	USD	Annual
Other Income	`OtherNonoperatingIncome`	$1.53K	USD	Annual
Other Expense	`OtherNonoperatingExpense`	$1.50K	USD	Annual
Other Expense	`OtherNonoperatingExpense`	$839.00	USD	Annual
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$30.00	USD	Annual
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$16.89K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-61.86K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-36.30K	USD	Annual
Earnings Per Common Share - Basic and diluted loss per share	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	Annual
Earnings Per Common Share - Basic and diluted loss per share	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	Annual
Weighted average number of common shares outstanding - Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	1.87M	shares	Annual
Weighted average number of common shares outstanding - Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	7.81M	shares	Annual

Cash Flow Statement 26 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-61.86K	USD	Annual
Net Loss	`NetIncomeLoss`	$-36.30K	USD	Annual
Stock issued for Services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$100.00	USD	Annual
Stock issued for Services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	Annual
Increase (Decrease) in Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$-750.00	USD	Annual
Increase (Decrease) in Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$3.37K	USD	Annual
Increase (Decrease) in Credit Card Payable	`IncreaseDecreaseInCreditCardPayable`	$-4.24K	USD	Annual
Increase (Decrease) in Credit Card Payable	`IncreaseDecreaseInCreditCardPayable`	$3.44K	USD	Annual
Net Cash Used by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-40.40K	USD	Annual
Net Cash Used by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-54.24K	USD	Annual
Common Stock Issued for Cash	`ProceedsFromIssuanceOfCommonStock`	$18.00K	USD	Annual
Common Stock Issued for Cash	`ProceedsFromIssuanceOfCommonStock`	$28.50K	USD	Annual
Subscriptions Receivable	`ProceedsFromSubscriptionsReceivable`	$3.00K	USD	Annual
Subscriptions Receivable	`ProceedsFromSubscriptionsReceivable`	-	USD	Annual
Contributed Capital	`ProceedsFromContributedCapital`	$22.74K	USD	Annual
Contributed Capital	`ProceedsFromContributedCapital`	$15.00K	USD	Annual
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$51.24K	USD	Annual
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$36.00K	USD	Annual
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-18.24K	USD	Annual
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$10.85K	USD	Annual
Cash Balance - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$1.80K	USD	Point-in-time
Cash Balance - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$20.04K	USD	Point-in-time
Cash Balance - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$9.19K	USD	Point-in-time
Cash Balance - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$1.80K	USD	Point-in-time
Cash Balance - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$20.04K	USD	Point-in-time
Cash Balance - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$9.19K	USD	Point-in-time

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	7.99M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	7.99M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	7.99M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	7.99M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Balance	`StockholdersEquity`	$-11.52K	USD	Point-in-time
Balance	`StockholdersEquity`	$14.34K	USD	Point-in-time
Subscriptions Paid (Note 4)	`StockIssuedDuringPeriodValueOther`	$3.00K	USD	Annual
Common Stock Issued for Cash (Note 4)	`StockIssuedDuringPeriodValueNewIssues`	$18.00K	USD	Annual
Capital Contribution (Note 4)	`AdjustmentsToAdditionalPaidInCapitalMarkToMarket`	$15.00K	USD	Annual
Net Loss	`NetIncomeLoss`	$-61.86K	USD	Annual
Net Loss	`NetIncomeLoss`	$-36.30K	USD	Annual
Balance	`StockholdersEquity`	$-11.52K	USD	Point-in-time
Balance	`StockholdersEquity`	$14.34K	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.