Kenloc

Cover

Cover - shares9 Months Ended
Dec. 31, 2019Feb. 13, 2020
Cover [Abstract]
Document Type10-Q
Amendment Flagfalse
Document Period End DateDec. 31,
2019
Current Fiscal Year End Date--03-31
Entity File Number333-230996
Entity Registrant NameKenloc, Inc.
Entity Central Index Key0001742491
Entity Incorporation, State or Country CodeNV
Entity Current Reporting StatusYes
Entity Interactive Data CurrentYes
Entity Filer CategoryNon-accelerated Filer
Entity Small Businesstrue
Entity Emerging Growth Companytrue
Elected Not To Use the Extended Transition Periodfalse
Entity Shell Companyfalse
Entity Common Stock, Shares Outstanding48,372,300
Document Fiscal period FocusQ3
Document Fiscal Year Focus2020

Balance Sheets (Unaudited)

Balance Sheets (Unaudited) - USD ($)Dec. 31, 2019Mar. 31, 2019
Current Assets
Cash $ 10,618 $ 70,118
Total Current Assets10,618 70,118
TOTAL ASSETS10,618 70,118
Current Liabilities
Accounts payable2,768 2,418
Accrued interest - related party0 1,453
Accrued management fees11,000 14,000
Notes payable - related party0 60,000
Due to related parties0 100,000
Total Current Liabilities13,768 177,871
Total Liabilities13,768 177,871
Stockholders' Deficit
Preferred Stock: 40,000,000 shares authorized; $0.0001 par value no shares issued and outstanding0 0
Common Stock: 160,000,000 shares authorized; $0.0001 par value 48,372,300 shares issued and outstanding4,837 4,837
Additional paid in capital158,895 23,463
Accumulated deficit(166,882)(136,053)
Total Stockholders' Deficit(3,150)(107,753)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 10,618 $ 70,118

Balance Sheets (Unaudited) (Par

Balance Sheets (Unaudited) (Parenthetical) - $ / sharesDec. 31, 2019Mar. 31, 2019
Statement of Financial Position [Abstract]
Preferred stock, par value $ 0.0001 $ 0.0001
Preferred stock, shares authorized40,000,000 40,000,000
Preferred stock, shares issued0 0
Preferred stock, shares outstanding0 0
Common stock, par value $ 0.0001 $ 0.0001
Common stock, shares authorized160,000,000 160,000,000
Common stock, shares issued48,372,300 48,372,300
Common stock, shares outstanding48,372,300 48,372,300

Statements of Operations (Unaud

Statements of Operations (Unaudited) - USD ($)3 Months Ended9 Months Ended
Dec. 31, 2019Dec. 31, 2018Dec. 31, 2019Dec. 31, 2018
Income Statement [Abstract]
Revenues $ 0 $ 0 $ 0 $ 0
Operating Expenses
General and administrative3,115 8,175 13,330 16,400
Professional fees5,518 3,643 16,382 6,456
Total operating expenses8,633 11,818 29,712 22,856
Operating Loss(8,633)(11,818)(29,712)(22,856)
Other expense
Interest expense(287)(417)(1,117)(1,045)
Total other expenses(287)(417)(1,117)(1,045)
Net Income before income taxes(8,920)(12,235)(30,829)(23,901)
Provision for income taxes0 0 0 0
Net Loss $ (8,920) $ (12,235) $ (30,829) $ (23,901)
Basic and Diluted Loss per Common Share $ 0 $ 0 $ 0 $ 0
Basic and Diluted Weighted Average Common Shares Outstanding48,372,300 47,770,000 48,371,183 47,302,572

Statements of Changes in Stockh

Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)Common StockAdditional Paid-In CapitalSubscription ReceivableRetained Earnings / Accumulated DeficitTotal
Beginning balance, shares at Mar. 31, 201846,000,000
Beginning balance, value at Mar. 31, 2018 $ 4,600 $ 0 $ (4,600) $ (101,000) $ (101,000)
Payment of subscription receivable4,600 4,600
Issuance of common shares, shares1,580,000
Issuance of common shares, value $ 158 15,642 15,800
Net loss(5,446)(5,446)
Ending balance, shares at Jun. 30, 201847,580,000
Ending balance, value at Jun. 30, 2018 $ 4,758 15,642 0 (104,446)(84,046)
Beginning balance, shares at Mar. 31, 201846,000,000
Beginning balance, value at Mar. 31, 2018 $ 4,600 0 (4,600)(101,000)(101,000)
Payment of subscription receivable4,600
Net loss(23,901)
Ending balance, shares at Dec. 31, 201847,770,000
Ending balance, value at Dec. 31, 2018 $ 4,777 17,523 0 (124,901)(102,601)
Beginning balance, shares at Jun. 30, 201847,580,000
Beginning balance, value at Jun. 30, 2018 $ 4,758 15,642 0 (104,446)(84,046)
Issuance of common shares, shares150,000
Issuance of common shares, value $ 15 1,485 1,500
Net loss(6,220)(6,220)
Ending balance, shares at Sep. 30, 201847,730,000
Ending balance, value at Sep. 30, 2018 $ 4,773 17,127 0 (112,666)(90,766)
Issuance of common shares, shares40,000
Issuance of common shares, value $ 4 396 400
Net loss(12,235)(12,235)
Ending balance, shares at Dec. 31, 201847,770,000
Ending balance, value at Dec. 31, 2018 $ 4,777 17,523 0 (124,901)(102,601)
Beginning balance, shares at Mar. 31, 201948,370,000
Beginning balance, value at Mar. 31, 2019 $ 4,837 23,463 0 (136,053)(107,753)
Net loss(7,464)(7,464)
Ending balance, shares at Jun. 30, 201948,370,000
Ending balance, value at Jun. 30, 2019 $ 4,837 23,463 0 (143,517)(115,217)
Beginning balance, shares at Mar. 31, 201948,370,000
Beginning balance, value at Mar. 31, 2019 $ 4,837 23,463 0 (136,053)(107,753)
Payment of subscription receivable0
Net loss(30,829)
Ending balance, shares at Dec. 31, 201948,372,300
Ending balance, value at Dec. 31, 2019 $ 4,837 158,895 0 (166,882)(3,150)
Beginning balance, shares at Jun. 30, 201948,370,000
Beginning balance, value at Jun. 30, 2019 $ 4,837 23,463 0 (143,517)(115,217)
Issuance of common shares, shares2,300
Issuance of common shares, value862 862
Net loss(14,445)(14,445)
Ending balance, shares at Sep. 30, 201948,372,300
Ending balance, value at Sep. 30, 2019 $ 4,837 24,325 (157,962)(128,800)
Debt forgiveness by related party134,570 134,570
Net loss(8,920)(8,920)
Ending balance, shares at Dec. 31, 201948,372,300
Ending balance, value at Dec. 31, 2019 $ 4,837 $ 158,895 $ 0 $ (166,882) $ (3,150)

Statements of Cash Flows (Unaud

Statements of Cash Flows (Unaudited) - USD ($)9 Months Ended
Dec. 31, 2019Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss $ (30,829) $ (23,901)
Changes in current assets and liabilities:
Accounts payable350 2,336
Accrued management fees(3,000)8,000
Due to related parties4,000 0
Accrued interest, related party(883)1,045
Net cash used in operating activities(30,362)(12,520)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issuance of common stock862 17,700
Proceeds from common stock subscription to founder0 4,600
Repayment to related party0 (25)
Proceeds from related party notes payable0 60,000
Note payable repayment - related party(30,000)0
Net cash provided by Financing Activities(29,138)82,275
Net change in cash for period(59,500)69,755
Cash at beginning of period70,118 25
Cash at end of period10,618 69,780
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for income taxes0 0
Cash paid for interest2,000 0
NON-CASH INVESTING AND FINANCING ACTIVITIES
Debt forgiven by related party $ 134,570 $ 0

1. Nature of Operations

1. Nature of Operations9 Months Ended
Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations1.
Nature of Operations. Kenloc, Inc. (the “Company”)
is a for profit corporation established under the corporation laws in the state of Nevada, United States of America on February
12, 2018. Unless the context otherwise requires, all references to “Kenloc, Inc.,” “we,” “us,”
“our” or the “company” are to Kenloc, Inc. We intend to be a full-service real estate
company, including providing consulting and advisory services to Chinese investors interested in real estate investments. We intend
to assist our clients in finding properties in the state of California and evaluating them for purchase. Providing strategic advisory,
transaction due diligence, and property management services to international and domestic investors. Our services are focused on
the research and analysis of real estate properties; advising clients on the best use of their real estate assets, and on managing
their properties. To date, the Company’s activities
have been limited to developing initial business contacts and services in the real estate industry. Current president and chief
executive officer, Fei Hao, also serves as the president and chief executive officer of another real estate company and aims to
utilize her contacts in the industry to expand the Company’s activities.

2. Basis of Presentation and Go

2. Basis of Presentation and Going Concern9 Months Ended
Dec. 31, 2019
Accounting Policies [Abstract]
Basis of Presentation and Going Concern2.
Basis of Presentation and Going Concern Basis of Presentation The accompanying unaudited financial statements
have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial
statements and with the instructions to Form 10-Q and Regulation S-X of the United States Securities and Exchange Commission (“SEC”).
Accordingly, they do not contain all information and footnotes required by accounting principles generally accepted in the United
States of America for annual financial statements. In the opinion of the Company’s management,
the accompanying unaudited interim financial statements contain all the adjustments necessary (consisting only of normal recurring
accruals) to present the financial position of the Company as of December 31, 2019 and the results of operations and cash flows
for the periods presented. The results of operations for the nine months ended December 31, 2019 are not necessarily indicative
of the operating results for the full fiscal year or any future period. These unaudited financial statements should be read in
conjunction with the financial statements and related notes thereto included in the company’s Annual Report on Form 10-K
for the year ended March 31, 2019 filed with the SEC on August 20, 2019. Going Concern The accompanying unaudited financial statements
and notes have been prepared assuming that the Company will continue as a going concern. As of December 31, 2019, the Company had
an accumulated deficit of $166,882. The Company’s ability to continue as a going concern is dependent upon the Company’s
ability to generate sufficient revenues to operate profitably or raise additional capital through debt financing and/or through
sales of common stock. The Company’s ability to continue
as a going concern is dependent upon the Company generating profitable operations in the future and/or obtaining the necessary
financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. There is
no assurance that this series of events will be satisfactorily completed.

3. Summary of Significant Accou

3. Summary of Significant Accounting Policies9 Months Ended
Dec. 31, 2019
Accounting Policies [Abstract]
Summary of Significant Accounting Policies3.
Summary of Significant Accounting Policies Use of Estimates and Assumptions The preparation of financial statements
in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the
reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements
and the reported amounts of revenues and expenses during the period. Actual results could differ from those estimates. Due to the limited level of operations,
the Company has not had to make material assumptions or estimates other than the assumption that the Company is a going concern. The Company’s ability to continue
as a going concern is dependent upon the Company generating profitable operations in the future and/or obtaining the necessary
financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. There is
no assurance that this series of events will be satisfactorily completed. Cash and Cash Equivalents The Company considers all highly liquid
investments with an original maturity of six months or less when purchased to be cash equivalents. The Company had $10,618 and
$70,118 in cash and cash equivalents as at December 31, 2019 and March 31, 2019, respectively. Reclassification Certain amounts from prior periods have
been reclassified to conform to the current period presentation. Recently Issued Accounting Pronouncements Management has considered all recent accounting
pronouncements issued. The Company’s management believes that these recent pronouncements will not have a material effect
on the Company’s financial statements.

4. Related Party Transactions

4. Related Party Transactions9 Months Ended
Dec. 31, 2019
Related Party Transactions [Abstract]
Related Party Transactions4.
Related Party Transactions Due to Related Parties As of December 31, 2019, and March 31,
2019, there were advances of $0 and $100,000 owing to Lucas Yu Wu, who was our majority shareholder, officer and director, respectively
until his resignation on January 15, 2020. The advances bear no interest and have been forgiven as of December 31, 2019. During the nine months ended December 31,
2019 and 2018, Lucas Yu Wu, our officer and director, who has since resigned, paid $4,000 and $0, respectively, for a management
fees due to Lance Crisler, our former director. As of December 31, 2019, an amount of $4,000 payable to Lucas Yu Wu was forgiven. Notes Payable On April 10, 2018 and June 1, 2018, the
Company issued to Mr. Yu Wu, two promissory notes of $30,000 totaling to $60,000, respectively. Unpaid balances are due within
30 days after demand and have an annual interest rate of 2.67%. As of December 31, 2019, $30,000 note and interest of $2,000 were
repaid to the holder and $30,000 note and $570 of accrued interest was forgiven by Mr. Yu Wu. Notes payable and accrued interest as of
December 31, 2019 and March 31, 2019, consist of the following:
December 31, March 31,
2019 2019
Notes payable - related party $ – $ 60,000
Accrued interest - related party $ – $ 1,453 For the nine months ended December 31, 2019 and 2018, interest
expense was $1,117 and $1,045, respectively. Management fees During the nine months ended December 31,
2019, the Company recorded $13,000 in management fees to two officers of the Company. As of December 31, 2019, and March 31, 2019,
there were accrued management fees of $11,000 and $14,000 owing to our officer and former director, respectively.

5. Subsequent Events

5. Subsequent Events9 Months Ended
Dec. 31, 2019
Subsequent Events [Abstract]
Subsequent Events5.
Subsequent Events Management evaluated all events subsequent
to the balance sheet date through the date these financial statements were available to be issued. The Company executed a stock purchase agreement
with Fei Hao (the “Buyer”) whereby the Buyer purchased from Lucas Yu Wu, 46,000,000 shares of the Company’s common
stock representing 95.115% of the total number of shares outstanding of the Company’s common stock, effective January 15,
2020 (the “Stock Purchase”). As a result of the share transfer pursuant to the Stock Purchase and related documents,
a change in control of the Company occurred as of January 15, 2020.

3. Summary of Significant Acc_2

3. Summary of Significant Accounting Policies (Policies)9 Months Ended
Dec. 31, 2019
Accounting Policies [Abstract]
Use of Estimates and AssumptionsUse of Estimates and Assumptions The preparation of financial statements
in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the
reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements
and the reported amounts of revenues and expenses during the period. Actual results could differ from those estimates. Due to the limited level of operations,
the Company has not had to make material assumptions or estimates other than the assumption that the Company is a going concern. The Company’s ability to continue
as a going concern is dependent upon the Company generating profitable operations in the future and/or obtaining the necessary
financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. There is
no assurance that this series of events will be satisfactorily completed.
Cash and Cash EquivalentsCash and Cash Equivalents The Company considers all highly liquid
investments with an original maturity of six months or less when purchased to be cash equivalents. The Company had $10,618 and
$70,118 in cash and cash equivalents as at December 31, 2019 and March 31, 2019, respectively.
ReclassificationReclassification Certain amounts from prior periods have
been reclassified to conform to the current period presentation.
Recently Issued Accounting PronouncementsRecently Issued Accounting Pronouncements Management has considered all recent accounting
pronouncements issued. The Company’s management believes that these recent pronouncements will not have a material effect
on the Company’s financial statements.

4. Related Party Transactions (

4. Related Party Transactions (Tables)9 Months Ended
Dec. 31, 2019
Related Party Transactions [Abstract]
Schedule of related party balancesDecember 31, March 31,
2019 2019
Notes payable - related party $ – $ 60,000
Accrued interest - related party $ – $ 1,453

2. Basis of Presentation and _2

2. Basis of Presentation and Going Concern (Details Narrative) - USD ($)Dec. 31, 2019Mar. 31, 2019
Accounting Policies [Abstract]
Accumulated deficit $ (166,882) $ (136,053)

3. Summary of Significant Acc_3

3. Summary of Significant Accounting Policies (Details Narrative) - USD ($)Dec. 31, 2019Mar. 31, 2019
Accounting Policies [Abstract]
Cash and cash equivalents $ 10,618 $ 70,118

4. Related Party Transactions_2

4. Related Party Transactions (Details) - USD ($)Dec. 31, 2019Mar. 31, 2019
Related Party Transactions [Abstract]
Notes payable $ 0 $ 60,000
Accrued interest $ 0 $ 1,453

4. Related Party Transactions_3

4. Related Party Transactions (Details Narrative) - USD ($)3 Months Ended8 Months Ended9 Months Ended
Dec. 31, 2019Dec. 31, 2018Dec. 01, 2019Dec. 31, 2019Dec. 31, 2018Mar. 31, 2019Jun. 01, 2018Apr. 10, 2018
Mangement fee expense $ 5,518 $ 3,643 $ 16,382 $ 6,456
Accrued management fees11,000 11,000 $ 14,000
Interest expense287 417 1,117 1,045
Repayment of related party debt0 25
Lucas Yu Wu [Member]
Due to related parties0 0 $ 100,000
Lucas Yu Wu [Member] | Note Payable 1 [Member]
Note payable face amount $ 30,000
Interest rate2.67%
Repayment of related party debt30,000
Interest repaid to related party2,000
Lucas Yu Wu [Member] | Note Payable 2 [Member]
Note payable face amount $ 60,000
Interest rate2.67%
Debt forgiven $ 30,000
Interest forgiven $ 570
Officer and Former Director [Member]
Accrued management fees $ 11,000 $ 14,000 11,000 $ 14,000
Two Officers [Member]
Mangement fee expense $ 13,000