Appliqate : April 2022 Quarterly statement

Appliqate Inc.

Statement of Operations

For the Quarter ended April 30, 2022

Notes	For the Quarter ended
	April 30, 2022

Revenue		-
Cost of revenue		-
Gross profit
	-
Operating expenses	9	(60,391)
Profit / (loss) before other expenses
	(60,391)
Acquisition Related Expenses (Income)		-
Interest expense		(1,276)
Loss before income taxes
	(61,667)
Provision for income taxes		-
Net income / (loss)
	(61,667)

Appliqate Inc.

Balance Sheet

	Notes
ASSETS
Current Assets
Cash and cash equivalents	4
Other current assets
Total Current Assets
Investments	5
Net fixed assets	6
Total Assets
EQUITY & LIABILITIES
Current Liablities
Accounts payable and accrued liabilities	7
Total Current Liabilities
Long Term Debt	8

Total Liabilities

SHAREHOLDER'S EQUITY

Preferred stock A; $0.001 par value, 1,000,000 shares authorized

Common stock ($.001 par value, 1,000,000,000 shares authorized)

Additional paid in capital Accumulated deficit

Total Shareholders' Equity

Total Liabilities and Shareholders' Equity

As of April 30, 2022

(Unaudited)

190

-

190

4,532,928

-

4,533,118

13,469

13,469

158,326

171,795

1,000

534,111

4,616,444

(790,231)

4,361,324

4,533,118

0

Appliqate Inc.

Statement of cashflows

For the Quarter ended April 30, 2022

	As of April 30, 2022
Cash flow from operating activities
(Loss) / profit before income tax	(61,667)
Adjustment for non cash charges and other items:
Amortization
Contribution of wages, rent and consulting fees to capital
Changes in operating assets and / or liabilities	(61,667)
(Decrease) / increase in accounts payable	60,000
Decrease / (increase) in other current assets
	60,000

Cash flow from operating activities	(1,667)
Cash flow from investing activities
Additions in investments	-
Additions in property, plant and equipment
Cash flow from / (used) in investing activities
Cash flow from financing activities
Borrowings during / (repaid) the year	1,276
Proceeds from issuance of common stock and preferred stock
Additional Paid in Capital
Cash flow from financing activities	1,276
Increase/(decrease) in cash and cash equivalents	(391)
Cash and cash equivalents at beginning of the year	581
Cash and cash equivalents at end of the year
190

Appliqate Inc.

Statement of Shareholders' Equity

	Series A - Preferred Stock	Common Stock	Additonal	Accumulated		Total
	Shares	Par	Shares	Par	Paid in capital	Profit /
As at April 30, 2022 (Unaudited)					Amount is $
1,000,000	1,000	534,111,000	534,111	4,616,444	(790,231)		4,361,324
Profit / (loss) for the period						-
Preferred stock issued
Common stock issued
Adjustments
As at July 31, 2022 (Unaudited)
1,000,000	1,000	534,111,000	534,111	4,616,444	(790,231)	4,361,324

Appliqate Inc.

Notes to the Financial Statements

For the Quarter ended April 30, 2022

1. LEGAL STATUS AND OPERATIONS

Appliqate Inc. (The Company) was incorporated in the State of Wyoming on April 29, 2015. The Company is primarily involved in marketing, focusing on text message marketing and loyalty rewards through text marketing. The Company's campaign management business has a SMS expert that assists in the implementation of their marketing campaign, allowing business owners to focus on their business and have an experienced SMS expert run their text marketing campaign.

2. BASIS OF PREPARATION

2.1 Statement of compliance

The accompanying financial statements have been prepared by the Company in conformity with accounting principles generally accepted in the United States of America and pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC") on a going concern.

Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States have been condensed or omitted pursuant to such rules and regulations. However, the Company believes that the disclosures are adequate to make the information presented not misleading.

1. Accounting Convention
   These financial statements have been prepared on the basis of 'historical cost convention using accrual basis of accounting except as otherwise stated in the respective accounting policies notes.
   Going concern
   The accompanying unaudited financial statements have been prepared on the assumption that the Company will continue as a going concern.However, the Company does not have significant cash or other material assets, nor does it have an established source of revenues sufficient to cover its operating costs and to allow it to continue as a going concern.
2. Critical accounting estimates and judgements
   The preparation of financial statements in conformity with the approved accounting standards require management to make judgements, estimates and assumptions that affect the application of policies and reported amounts of assets and liabilities, income and expenses. The estimates and associated assumptions are based on historical experience and various other factors that are believed to be reasonable under the circumstances, the results of which form the basis of making the judgments about carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates.
   The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimates are revised if the revision affects only that period, or in the period of the revision and future periods.
   The areas involving higher degree of judgment and complexity, or areas where assumptions and estimates made by the management are significant to the financial statements are as follows: