Annual Report for Fiscal Year Ending June 30, 2026 (Form 10-K)

Management's Discussion and Analysis of Financial Condition and Results of Operations

The following discussion and analysis should be read in conjunction with our financial statements and the related notes as of June 30, 2026, included elsewhere in this Annual Report. This filing contains forward-looking statements that involve risks, uncertainties, and assumptions. Our actual results may differ materially from those anticipated in these forward-looking statements as a result of certain factors, including, but not limited to, those set forth under "Risk Factors" beginning on page 6 of this filing. We assume no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

Going Concern

Continuation of the Company as a going concern relies upon obtaining necessary capital and expanding profitable sales of products and services via our digital platforms. To address potential liquidity needs, management plans to seek equity capital through future private placements or public offerings of our Common Stock.

Liquidity and Capital Resources

As of June 30, 2026, the Company had $97,296 in total assets, compared to $111,161 as of June 30, 2025. The Company's liabilities stood at $229,878 as of June 30, 2026, an increase of $42,012 from the previous year. The accumulated deficit was $198,267 as of June 30, 2026, an increase of $106,371 since June 30, 2025.

For the year ended June 30, 2026, the Company used $89,641 in cash for operating activities, compared to $37,332 used in operating activities for the year ended June 30, 2025.

For the year ended June 30, 2026, the Company used cash in investing activities in the amount of $27,900 for the purchase of intangible assets, an increase of $5,100 from the previous year.

Additionally, the Company received $106,381 in cash from financing activities for the year ended June 30, 2026, compared to $71,273 in the previous year, mostly due to proceeds from loans from related parties and proceeds from the sale of common stock.

The Company is expected to continue to generate revenue from operations in the coming year; however, there can be no assurance that this will happen. As of June 30, 2026, the Company owed $217,878 to Ilona Andzejevska, its President, Chief Executive Officer, Chief Financial Officer, Treasurer and Director under loan arrangement dated August 11, 2023. During the fiscal year ended June 30, 2026, the Company received additional advances of $55,887. The loan is non-interest bearing and may be prepaid without penalty. The loan agreement provides that additional advances may be made as needed, provided that the aggregate amount of advances shall not exceed $400,000.

The Company expects to repay amounts borrowed from available revenues or other available financing, if any. There can be no assurance that the Company will generate sufficient revenues or obtain sufficient financing to repay the loan when due or to fund its ongoing operations. The Company may seek additional financing through private placements, public offerings, debt financing, or other financing transactions if management determines that additional capital is necessary. The Company does not intend to invest in short-term or long-term discretionary financial programs.

Results of Operations

Total revenue for the year ended June 30, 2026, was $47,763, compared to $12,966 for the year ended June 30, 2025.

Total expenses for the year ended June 30, 2026 were $154,114, made up of amortization expense of $30,605, $102,509 in other operating costs and $21,000 in auditors' remuneration.

Total expenses for the year ended June 30, 2025 were $61,333, made up of amortization expense of $26,200, $16,133 in other operating costs and $19,000 in auditors' remuneration.

For the year ended June 30, 2026 and 2025, the Company recorded a net loss of $106,371 and $48,407, respectively.

Off-Balance Sheet Arrangements

As of June 30, 2026, we did not have any off-balance sheet arrangements, as defined under SEC rules, that have had or are reasonably likely to have a current or future material effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors.

Critical Accounting Policies

Our financial statements and accompanying notes have been prepared in accordance with United States generally accepted accounting principles applied on a consistent basis. The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the fiscal year ended June 30, 2026.

We regularly evaluate the accounting policies and estimates that we use to prepare our financial statements. In general, management's estimates are based on historical experience, information from third-party professionals, and various other assumptions that are believed to be reasonable under the facts and circumstances. Actual results could differ from those estimates made by management, and such differences could be material to our financial statements.

We believe the following critical accounting policies involve the most significant judgments and estimates used in the preparation of our financial statements and are the most critical to fully understanding and evaluating our reported financial results:

Impairment of Long-Lived Assets

The Company continually monitors events and changes in circumstances that could indicate carrying amounts of long-lived assets may not be recoverable. When such events or changes in circumstances are present, the Company assesses the recoverability of long-lived assets by determining whether the carrying value of such assets will be recovered through undiscounted expected future cash flows. If the total of the future cash flows is less than the carrying amount of those assets, the Company recognizes an impairment loss based on the excess of the carrying amount over the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or the fair value less costs to sell.