Form 10-Q - Quarterly report [Sections 13 or 15(d)]

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30, 2024

☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _______ to ______

Commission File Number 000-55849

LEGACY VENTURES INTERNATIONAL, INC

(Exact name of registrant as specified in its charter)

Nevada

30-0826318

(State or other jurisdiction of

incorporation or organization)

(I.R.S. Employer

Identification No.)

Unit 01, 82/F. International Commerce Centre, 1 Austin Road West, Kowloon, Hong Kong

(Address of principal executive offices) (Zip Code)

+852 3960 6394

(Registrant’s telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or, an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer”, “smaller reporting company”, and “emerging growth company”, in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐	Accelerated filer ☐
Non-accelerated filer ☐	Smaller reporting company ☒
(Do not check if smaller reporting company)	Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name on each exchange on which registered
N/A		N/A		N/A

As of December 30, 2024, there were 50,315,064 outstanding shares of the registrant’s common stock, $0.0001 par value per share

TABLE OF CONTENTS

		Page No.
PART I – FINANCIAL INFORMATION

Item 1. Financial Statements		3

Item 2. Management’s Discussion and Analysis		10

Item 3. Quantitative and Qualitative Disclosures About Market Risk		11

Item 4. Controls and Procedures		11

PART II – OTHER INFORMATION

Item 1. Legal Proceedings		12

Item 1A. Risk Factors		12

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds		12

Item 3. Defaults Upon Senior Securities		12

Item 4. Mine Safety Disclosures		12

Item 5. Other Information		12

Item 6. Exhibits		12

PART I

FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS REQUIRED BY FORM 10-Q

The Interim Condensed Consolidated Financial Statements of the Company are prepared as of September 30, 2024

CONTENTS

Interim Condensed Consolidated Balance Sheets		4

Interim Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)		5

Interim Condensed Consolidated Statements of Stockholders’ Deficiency		6

Interim Condensed Consolidated Statements of Cash Flows		7

Notes to the Interim Condensed Consolidated Financial Statements		8

LEGACY VENTURES INTERNATIONAL, INC.

INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS

(unaudited)

(Express in United States Dollars (“US dollars”), except for number of shares)

	Note	September 30, 2024			June 30, 2024
ASSETS
Current assets
Cash		$	1,092		$	842
Total assets		$	1,092		$	842

LIABILITIES AND STOCKHOLDERS’ DEFICIENCY
Current liabilities
Accounts payable and accrued liabilities	4	$	39,082		$	31,904
Amount due to a director	4		1,282			1,282
Advances from a shareholder	4		118,068			104,525
Total liabilities		$	158,432		$	137,711

Stockholders’ deficiency
Preferred Stock, $0.0001 par value; 10,000,000 shares authorized: Preferred Stock – no shares issued and outstanding September 30, 2024, and June 30, 2024	6	$	-		$	-
Common Stock, $0.0001 par value; 100,000,000 shares authorized: Common Stock – 50,315,064 shares issued and outstanding September 30, 2024 and June 30, 2024	6		5,032			5,032
Additional paid in capital			6,429,771			6,429,771
Accumulated deficit			(6,592,143	)		(6,571,672	)
Total stockholders’ deficiency			(157,340	)		(136,869	)
Total liabilities and stockholders’ deficiency		$	1,092		$	842

Going Concern	2
Subsequent events	7

See accompanying notes to the unaudited interim condensed consolidated financial statements

LEGACY VENTURES INTERNATIONAL, INC.

INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

(unaudited)

(Express in United States Dollars (“US dollars”), except for number of shares)

	Note	2024			2023
		For the three months ended September 30,
	Note	2024			2023
Operating expenses
Professional fees		$	19,742		$	5,500
Other general and administration expenses			723			1,244
Loss from operations			(20,465	)		(6,744	)
Other expenses
Bank charges and other			6			-
Total other expenses			(6	)		-
Loss before taxes			(20,471	)		(6,744	)
Net loss and comprehensive loss		$	(20,471	)	$	(6,744	)

Net loss per share - basic and diluted	5	$	(0.00	)	$	(0.00	)
Weighted average number of common shares outstanding - basic and diluted			50,315,064			50,315,064

See accompanying notes to the unaudited interim condensed consolidated financial statements

LEGACY VENTURES INTERNATIONAL, INC.

INTERIM CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ DEFICIENCY

(unaudited)

(Express in United States Dollars (“US dollars”), except for number of shares)

For the three months ended September 30, 2023

	Note	Number of Shares		Amount		paid in capital		Deficit			Total
		Common Stock				Additional
	Note	Number of Shares		Amount		paid in capital		Deficit			Total
June 30, 2023			50,315,064	$	5,032	$	6,429,771	$	(6,507,386	)	$	(72,583	)
Net loss			-		-		-		(6,744	)		(6,744	)
September 30, 2023			50,315,064	$	5,032	$	6,429,771	$	(6,514,130	)	$	(79,327	)

For the three months ended September 30, 2024

		Common Stock				Additional
	Note	Number of Shares		Amount		paid in capital		Deficit			Total
June 30, 2024			50,315,064	$	5,032	$	6,429,771	$	(6,571,672	)	$	(136,869	)
Balance			50,315,064	$	5,032	$	6,429,771	$	(6,571,672	)	$	(136,869	)
Net loss			-		-		-		(20,471	)		(20,471	)
September 30, 2024			50,315,064	$	5,032	$	6,429,771	$	(6,592,143	)	$	(157,340	)
Balance			50,315,064	$	5,032	$	6,429,771	$	(6,592,143	)	$	(157,340	)

See accompanying notes to the unaudited interim condensed consolidated financial statements

LEGACY VENTURES INTERNATIONAL, INC.

INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(unaudited)

(Express in United States Dollars (“US dollars”), except for number of shares)

	2024			2023
	For the three months ended September 30,
	2024			2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$	(20,471	)	$	(6,744	)

Changes in non-cash operating assets and liabilities
Accounts payable and accrued liabilities		7,178			(3,092	)
Net cash flows used in operating activities		(13,293	)		(9,836	)

CASH FLOWS FROM FINANCING ACTIVITY:
Advances from a shareholder		13,543			9,000
Net cash flows provided by financing activity		13,543			9,000

Increase (Decrease) in cash		250			(836	)
Cash, beginning of period		842			1,678
Cash, end of period	$	1,092		$	842

Cash payments for:
Interest	$	-		$	-
Income taxes	$	-		$	-

See accompanying notes to the unaudited interim condensed consolidated financial statements

LEGACY VENTURES INTERNATIONAL, INC.

NOTES TO THE INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited)

(Express in United States Dollars (“US dollars”), except for number of shares)

NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS

Legacy Ventures International, Inc. (“Legacy” or the “Company”), was incorporated on March 4, 2014 under the laws of the State of Nevada. The Company currently has no ongoing operations except for the incurring of general and administrative expenditures.

On December 27, 2023, the Company incorporate Ever Green Living Ventures Ltd, a company incorporated in Hong Kong, with incorporation fee of $1,410. The Company owns 100% of Ever Green Living Ventures Ltd. The Company plans to engage in Biotech research & development and health care research & development through its wholly owned subsidiary in Hong Kong.

NOTE 2 – GOING CONCERN AND BASIS OF PRESENTATION

The Company’s unaudited interim condensed consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. As of September 30, 2024, the Company has a working capital deficiency of $157,340 (June 30, 2024 - $136,869), and an accumulated deficit of $6,592,143 (June 30, 2024 - $6,571,672). The Company’s continued existence is dependent upon its ability to continue to execute its operating plan and to obtain additional debt or equity financing. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. 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, in which case the Company may be unable to meet its obligations. Should the Company be unable to realize its assets and discharge its liabilities in the normal course of business, the net realizable value of its assets may be materially less than the amounts recorded in the audited financial statements. The audited financial statements do not include any adjustments relating to the recoverability of recorded asset amounts that might be necessary should the Company be unable to continue in existence.

NOTE 3 – SIGNIFICANT ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS

SIGNIFICANT ACCOUNTING POLICIES

The Company’s significant accounting policies have not changed from the year ended June 30, 2024.

The accompanying unaudited condensed consolidated interim financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10–Q and Rule 10 of Regulation S–X. Accordingly, they do not include all of the information and notes required by accounting principles generally accepted in the United States of America. However, in the opinion of the management of the Company, all adjustments necessary for a fair presentation of the financial position and operating results have been included in these unaudited condensed consolidated interim financial statements. These unaudited condensed consolidated interim financial statements should be read in conjunction with the financial statements and notes thereto included in the Company’s Annual Report on Form 10–K for the fiscal year ended June 30, 2024, as filed with the SEC on November 27, 2024. Operating results for the three months ended September 30, 2024, are not necessarily indicative of the results that may be expected for any subsequent quarter or for the year ending June 30, 2025.

LEGACY VENTURES INTERNATIONAL, INC.

NOTES TO THE INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in US dollars)

(Unaudited)

NOTE 4 – RELATED PARTY ADVANCES AND BALANCES, AND ADVANCES FROM THIRD PARTIES

For the three months ended September 30, 2024, there is an advance from a shareholder of $13,543. The Company was advanced funds by a shareholder. The funds were used to pay certain professional fees including auditors and accountants. As of September 30, 2024 and June 30, 2024, there were a balance of $118,068 and $104,525 due to the shareholder, respectively. The balance is non-interest bearing and due on demand.

As of September 30, 2024 and June 30, 2024, there were a balance of $1,282 and $1,282 due to the director, respectively. The balance is non-interest bearing and due on demand.

NOTE 5 - BASIC AND DILUTED NET INCOME (LOSS) PER SHARE

The Company follows ASC Topic 260 to account for the income (loss) per share. Basic income (loss) per common share (“EPS”) calculations are determined by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted income (loss) per common share calculations are determined by dividing net loss by the weighted average number of common shares and dilutive common share equivalents (if dilutive) outstanding. All dilutive common share equivalents were anti-dilutive for the three months ended September 30, 2024 and 2023.

NOTE 6 - COMMON AND PREFERRED STOCK TRANSACTIONS

As of September 30, 2024, the Company was authorized to issue 10,000,000 of preferred stock, with a par value of $0.0001 and 100,000,000 of common stock, with a par value of $0.0001.

There were no common stock transactions for the three months ended September 30, 2024 and 2023.

As of September 30, 2024, and June 30, 2024, the Company had 50,315,064 common stock issued and outstanding.

NOTE 7 - SUBSEQUENT EVENTS

In accordance with ASC Topic 855, “Subsequent Events”, which establishes general standards of accounting for and disclosure of events that occur after the balance sheet date but before the financial statements are issued, the Company has evaluated all events or transactions that occurred after September 30, 2024 up through the date the Company issued the financial statements and there are no subsequent events that require disclosure in accordance with FASB ASC Topic 855, “Subsequent Events.”

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

Forward-Looking Statements

This report contains forward-looking statements that involve risks and uncertainties. We use words such as anticipate, believe, plan, expect, future, intend and similar expressions to identify such forward-looking statements. You should not place too much reliance on these forward-looking statements. The Company’s actual results are likely to differ materially from those anticipated in these forward-looking statements for many reasons.

Plan of Operation

On December 27, 2023, the Company incorporate Ever Green Living Ventures Ltd, a company incorporated in Hong Kong. The Company owns 100% of Ever Green Living Ventures Ltd. The Company plans to engage in Biotech research & development and health care research & development through its wholly owned subsidiary in Hong Kong.

Liquidity and Capital Resources

As of September 30, 2024, the Company’s primary source of liquidity consisted of $1,092 (June 30, 2024 - $842) in cash. The Company financed its operations through a combination of advances from a shareholder and a director.

The Company has sustained net losses which have resulted in a total stockholders’ deficiency at September 30, 2024, and is currently experiencing a shortfall in operating capital which raises substantial doubt about the Company’s ability to continue as a going concern. The Company anticipates a net loss for the period ending September 30, 2024 and with the expected cash requirements for the coming months, without additional cash inflows from a corporate transaction, there is substantial doubt as to the Company’s ability to continue operations.

We may seek to secure additional debt or equity capital to finance substantial business development initiatives. There is presently no agreement in place with any source of financing for the Company and there can be no assurance that the Company will be able to raise any additional funds, or that such funds will be available on acceptable terms. Funds raised through future equity financing will likely be substantially dilutive to current shareholders. Lack of additional funds will materially affect the Company and its business, and may cause the Company to cease operations. Consequently, shareholders could incur a loss of their entire investment in the Company.

Net Cash Used in Operating Activities

During the three months ended September 30, 2024, cash used in operations was $13,293 and $9,836 for the three months ended September 30, 2023, respectively. Cash used in operating activities was primarily the result of net loss from operations and settlement of accrual liabilities.

Net Cash Used in Investing Activities

There was no cash used in or provided by investing activities for the three months ended September 30, 2024 and 2023.

Net Cash Provided by Financing Activity

There was cash provided by financing activities of $13,543 and $9,000, respectively for the three months ended September 30, 2024 and 2023, as a result of the advances from a shareholder.

Results of Operations

For the three months ended September 30, 2024

Operating expenses. Operating expenses for the three months ended September 30, 2024, was $20,465 compared with $6,744 for the three months ended September 30, 2023. Operating expenses were similar in both period which arise from professional fee charged by auditor, valuation surveyor and consultant.

Other expenses. There were other expenses of $6 for the three months ended September 30, 2024. There were no other expenses the three months ended September 30, 2023. Other expenses arise from the bank charges.

Net loss. Net loss for the three months ended September 30, 2024, was $20,471, compared with net loss of $6,744 for the three months ended September 30, 2023.

Off-Balance Sheet Arrangements

We do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on the Company’s financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures, or capital resources that is material to investors.

Personnel

The Company has no full-time employees, but utilizes other project-based contract personnel to carry out the Company’s business. We utilize contract personnel on a continuous basis, primarily in connection with the filing of reports with the Securities and Exchange Commission which require a high level of specialization for one or more of the service components offered.

Item 3. Quantitative and Qualitative Disclosures About Market Risk.

Not Required.

Item 4. Controls and Procedures.

The Securities and Exchange Commission defines the term “disclosure controls and procedures” to mean a Company’s controls and other procedures of an issuer that are designed to ensure that information required to be disclosed in the reports that it files or submits under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported, within the time periods specified in the Securities and Exchange Commission’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Securities Exchange Act of 1934 is accumulated and communicated to the issuer’s management, including its principal executive and principal financial officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure. The Company maintains such a system of controls and procedures in an effort to ensure that all information which it is required to disclose in the reports it files under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the time periods specified under the SEC’s rules and forms and that information required to be disclosed is accumulated and communicated to principal executive and principal financial officers to allow timely decisions regarding disclosure.

As of the end of the period covered by this Quarterly Report, the Company carried out an evaluation, under the supervision and with the participation of the Company’s chief executive officer and chief financial officer, of the effectiveness of the design and operation of the Company’s disclosure controls and procedures pursuant to Exchange Act Rules 13a-15(b) and 15d-15(b). Based upon this evaluation, the Company’s chief executive officer and chief financial officer concluded that the Company’s disclosure controls and procedures as of the end of the period covered by this Quarterly Report were ineffective due to a lack of segregation of duties, due to limited administrative and financial personnel and related resources and as the Company only has one director.

Changes in Internal Control over Financial Reporting

There have been no significant changes in the Company’s internal controls over financial reporting that occurred during the period ended September 30, 2024, that have materially or are reasonably likely to materially affect, the Company’s internal controls over financial reporting.

PART II – OTHER INFORMATION

Item 1. Legal Proceedings

We are not currently subject to any legal proceedings, and to the best of our knowledge, no such proceeding is threatened, the results of which would have a material impact on the Company’s properties, results of operations, or financial condition. Nor, to the best of our knowledge, are any of the Company’s officers or directors involved in any legal proceedings in which we are an adverse party.

Item 1A. Risk Factors

Since we are a smaller reporting company, we are not required to provide the information required by this Item.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

None.

Item 3. Defaults Upon Senior Securities

None.

Item 4. Mine Safety Disclosures.

Not Applicable.

Item 5. Other Information.

None.

Item 6. Exhibits.

The following exhibits are filed with or incorporated by reference in this report:

Item No.		Description

31.1*		Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 for Hoi Sau KOO.

32.1*		Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 for Hoi Sau KOO.

101*		Inline XBRL Report

101.INS*		Inline XBRL Instance Document

101.SCH*		Inline XBRL Taxonomy Extension Schema Document

101.CAL*		Inline XBRL Taxonomy Extension Calculation Linkbase Document

101.DEF*		Inline XBRL Taxonomy Extension Definition Linkbase Document

101.LAB*		Inline XBRL Taxonomy Extension Label Linkbase Document

101.PRE*		Inline XBRL Taxonomy Extension Presentation Linkbase Document

104*		Cover Page Interactive Data File (embedded within the Inline XBRL document)

* filed herewith

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	LEGACY VENTURES INTERNATIONAL, INC.

Date: December 30, 2024	By:	/s/ Hoi Sau KOO
	Name:	Hoi Sau KOO
	Title:	Chief Executive Officer, Chief Financial Officer

Exhibit 31.1

CERTIFICATION

PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Hoi Sau KOO of Legacy Ventures International Inc. (the “Company”), certify that:

1. I have reviewed this 10-Q of the Company;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the Company as of, and for, the periods presented in this report;

4. As the Company’s Principal Executive Officer and Principal Financial and Accounting Officer I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the Company and have:

a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Company, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c. Evaluated the effectiveness of the Company’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d. Disclosed in this report any change in the Company’s internal control over financial reporting that occurred during the Company’s most recent fiscal quarter (the Company’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the Company’s internal control over financial reporting; and

5. As the Company’s Principal Executive Officer and Principal Financial and Accounting Officer I have disclosed, based on my most recent evaluation of internal control over financial reporting, to the Company’s auditors and the audit committee of the Company’s board of directors (or persons performing the equivalent functions):

a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Company’s ability to record, process, summarize and report financial information; and

b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the Company’s internal control over financial reporting.

Date: December 30, 2024

/s/ Hoi Sau KOO
Hoi Sau KOO
Principal Executive Officer
and Principal Financial and Accounting Officer

Exhibit 32.1

CERTIFICATION

PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

I, Hoi Sau KOO, Principal Executive Officer and Principal Financial and Accounting Officer of Legacy Ventures International, Inc. (the “Company”) certify that:

1. I have reviewed the quarterly report on Form 10-Q of the Company;

2. Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report; and

3. Based on my knowledge, the financial statements, and other financial information included in this annual report, fairly present in all material respects the financial condition, results of operations and cash flows of the Company as of, and for, the period presented in this quarterly report.

Date: December 30, 2024

/s/ Hoi Sau KOO
Hoi Sau KOO
Principal Executive Officer
and Principal Financial and Accounting Officer

Cover - $ / shares	3 Months Ended
Cover - $ / shares	Sep. 30, 2024	Dec. 30, 2024
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2024
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2025
Current Fiscal Year End Date	--06-30
Entity File Number	000-55849
Entity Registrant Name	LEGACY VENTURES INTERNATIONAL, INC
Entity Central Index Key	0001616788
Entity Tax Identification Number	30-0826318
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	Unit 01, 82/F. International Commerce Centre
Entity Address, Address Line Two	1 Austin Road West
Entity Address, City or Town	Kowloon
Entity Address, Country	HK
City Area Code	+852
Local Phone Number	3960 6394
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		50,315,064
Entity Listing, Par Value Per Share	$ 0.0001

Interim Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2024	Jun. 30, 2024
Current assets
Cash	$ 1,092	$ 842
Total assets	1,092	842
Current liabilities
Accounts payable and accrued liabilities	39,082	31,904
Total liabilities	158,432	137,711
Stockholders’ deficiency
Preferred Stock, $0.0001 par value; 10,000,000 shares authorized: Preferred Stock – no shares issued and outstanding September 30, 2024, and June 30, 2024
Common Stock, $0.0001 par value; 100,000,000 shares authorized: Common Stock – 50,315,064 shares issued and outstanding September 30, 2024 and June 30, 2024	5,032	5,032
Additional paid in capital	6,429,771	6,429,771
Accumulated deficit	(6,592,143)	(6,571,672)
Total stockholders’ deficiency	(157,340)	(136,869)
Total liabilities and stockholders’ deficiency	1,092	842
Director [Member]
Current liabilities
Amount due to a director	1,282	1,282
Majority Shareholder [Member]
Current liabilities
Advances from a shareholder	$ 118,068	$ 104,525

Interim Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Sep. 30, 2024	Jun. 30, 2024
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	50,315,064	50,315,064
Common stock, shares outstanding	50,315,064	50,315,064

Interim Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Operating expenses
Professional fees	$ 19,742	$ 5,500
Other general and administration expenses	723	1,244
Loss from operations	(20,465)	(6,744)
Other expenses
Bank charges and other	6
Total other expenses	(6)
Loss before taxes	(20,471)	(6,744)
Net loss and comprehensive loss	$ (20,471)	$ (6,744)
Net loss per share - basic	$ (0.00)	$ (0.00)
Net loss per share - diluted	$ (0.00)	$ (0.00)
Weighted average number of common shares outstanding - basic	50,315,064	50,315,064
Weighted average number of common shares outstanding - diluted	50,315,064	50,315,064

Interim Condensed Consolidated Statements of Stockholders' Deficiency (Unaudited) - USD ($)	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Balance	$ (136,869)	$ (72,583)
Net loss	(20,471)	(6,744)
Balance	(157,340)	(79,327)
Common Stock [Member]
Balance	$ 5,032	$ 5,032
Balance, shares	50,315,064	50,315,064
Net loss
Balance	$ 5,032	$ 5,032
Balance, shares	50,315,064	50,315,064
Additional Paid-in Capital [Member]
Balance	$ 6,429,771	$ 6,429,771
Net loss
Balance	6,429,771	6,429,771
Retained Earnings [Member]
Balance	(6,571,672)	(6,507,386)
Net loss	(20,471)	(6,744)
Balance	$ (6,592,143)	$ (6,514,130)

Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (20,471)	$ (6,744)
Changes in non-cash operating assets and liabilities
Accounts payable and accrued liabilities	7,178	(3,092)
Net cash flows used in operating activities	(13,293)	(9,836)
CASH FLOWS FROM FINANCING ACTIVITY:
Advances from a shareholder	13,543	9,000
Net cash flows provided by financing activity	13,543	9,000
Increase (Decrease) in cash	250	(836)
Cash, beginning of period	842	1,678
Cash, end of period	1,092	842
Cash payments for:
Interest
Income taxes

Pay vs Performance Disclosure - USD ($)	3 Months Ended
Pay vs Performance Disclosure - USD ($)	Sep. 30, 2024	Sep. 30, 2023
Pay vs Performance Disclosure [Table]
Net Income (Loss)	$ (20,471)	$ (6,744)

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Sep. 30, 2024
Insider Trading Arrangements [Line Items]
No insider trading flag	true

ORGANIZATION AND DESCRIPTION OF BUSINESS

3 Months Ended

Sep. 30, 2024

Accounting Policies [Abstract]

ORGANIZATION AND DESCRIPTION OF BUSINESS

NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS

GOING CONCERN AND BASIS OF PRESENTATION

3 Months Ended

Sep. 30, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

GOING CONCERN AND BASIS OF PRESENTATION

NOTE 2 – GOING CONCERN AND BASIS OF PRESENTATION

SIGNIFICANT ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS

3 Months Ended

Sep. 30, 2024

Accounting Policies [Abstract]

SIGNIFICANT ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS

NOTE 3 – SIGNIFICANT ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS

SIGNIFICANT ACCOUNTING POLICIES

The Company’s significant accounting policies have not changed from the year ended June 30, 2024.

LEGACY VENTURES INTERNATIONAL, INC.

NOTES TO THE INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in US dollars)

(Unaudited)

RELATED PARTY ADVANCES AND BALANCES, AND ADVANCES FROM THIRD PARTIES

3 Months Ended

Sep. 30, 2024

NOTE 4 – RELATED PARTY ADVANCES AND BALANCES, AND ADVANCES FROM THIRD PARTIES

As of September 30, 2024 and June 30, 2024, there were a balance of $1,282 and $1,282 due to the director, respectively. The balance is non-interest bearing and due on demand.

BASIC AND DILUTED NET INCOME (LOSS) PER SHARE

3 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

BASIC AND DILUTED NET INCOME (LOSS) PER SHARE

NOTE 5 - BASIC AND DILUTED NET INCOME (LOSS) PER SHARE

COMMON AND PREFERRED STOCK TRANSACTIONS

3 Months Ended

Sep. 30, 2024

Equity [Abstract]

COMMON AND PREFERRED STOCK TRANSACTIONS

NOTE 6 - COMMON AND PREFERRED STOCK TRANSACTIONS

As of September 30, 2024, the Company was authorized to issue 10,000,000 of preferred stock, with a par value of $0.0001 and 100,000,000 of common stock, with a par value of $0.0001.

There were no common stock transactions for the three months ended September 30, 2024 and 2023.

As of September 30, 2024, and June 30, 2024, the Company had 50,315,064 common stock issued and outstanding.

SUBSEQUENT EVENTS

3 Months Ended

Sep. 30, 2024

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

NOTE 7 - SUBSEQUENT EVENTS

SIGNIFICANT ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS (Policies)

3 Months Ended

Sep. 30, 2024

Accounting Policies [Abstract]

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES

The Company’s significant accounting policies have not changed from the year ended June 30, 2024.

ORGANIZATION AND DESCRIPTION OF BUSINESS (Details Narrative)	Dec. 27, 2023 USD ($)
Fee	$ 1,410
Ever Green Living Ventures [Member]
Ownership Percentage	100.00%

GOING CONCERN AND BASIS OF PRESENTATION (Details Narrative) - USD ($)	Sep. 30, 2024	Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Working capital deficit	$ 157,340	$ 136,869
Accumulated deficit	$ 6,592,143	$ 6,571,672

RELATED PARTY ADVANCES AND BALANCES, AND ADVANCES FROM THIRD PARTIES (Details Narrative) - USD ($)	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2024
Related Party Transaction [Line Items]
Advance from share holders	$ 13,543	$ 9,000
Majority Shareholder [Member]
Related Party Transaction [Line Items]
Due to shareholder	118,068		$ 104,525
Director [Member]
Related Party Transaction [Line Items]
Amount due to a director	$ 1,282		$ 1,282

COMMON AND PREFERRED STOCK TRANSACTIONS (Details Narrative) - $ / shares	Sep. 30, 2024	Jun. 30, 2024
Equity [Abstract]
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares issued	50,315,064	50,315,064
Common stock, shares outstanding	50,315,064	50,315,064

Legacy Ventures (CE) (USOTC:LGYV)
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