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 PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the Quarterly Period Ended September 30, 2024

OR

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

For the transition period

Commission File No. 333-236117

CARRIAGE HOUSE EVENT CENTER, INC.
(Exact name of the small business issuer as specified in its charter)

Colorado
(State of either jurisdiction of Incorporation or Organization)

558 Castle Pines Parkway, B-4, Suite 140
Castle Pines, CO 80108
(Address of principal executive offices)

303-517-8845
(Registrant’s telephone number, including area code)

(Former name, former address and former fiscal year, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act: None

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 every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit 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. (Check one):

Large accelerated filer	☐	Accelerated filer	☐
Non-accelerated filer	☒	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 Act).

Yes ☐ No ☒

The number of shares of Common Stock, $0.001 par value of the registrant outstanding at November 5, 2024 was 4,450,000.

TABLE OF CONTENTS

PART I.	3

Item 1. Financial Statements.	3

Condensed Consolidated Balance Sheets as of September 30, 2024 and December 31, 2023 (Unaudited)	3

Condensed Consolidated Statements of Operations for the Three Months Ended September 30, 2024 and 2023 (Unaudited)	4

Condensed Consolidated Statements of Changes in Stockholders’ Deficit for the Three Months Ended September 30, 2024 and 2023 (Unaudited)	5

Condensed Consolidated Statements of Cash Flows for the Three Months Ended September 30, 2024 and 2023 (Unaudited)	6

Notes to Condensed Unaudited Consolidated Financial Statements	7

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations	9

Item 3. Quantitative and Qualitative Disclosures About Market Risks.	11

Item 4. Controls and Procedures	11

PART II	12

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

EXHIBIT INDEX	12

SIGNATURES	12

PART I – FINANCIAL INFORMATION

Item 1. Condensed Consolidated Financial Statements

CARRIAGE HOUSE EVENT CENTER, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS

		September 30,
		2024			December 31, 2023
Assets		(Unaudited)			(Audited)
Current assets:
Cash	$	32,001		$	29,006
Total current assets		32,001			29,006

Total assets	$	32,001		$	29,006

Liabilities and Stockholders’ Deficit
Current liabilities:
Accounts payable	$	—		$	1,000
Non-current liabilities
Related party debt – long term		180,800			153,800
Total liabilities		180,800			154,800

Commitments and contingencies		—			—

Stockholders’ Deficit:
Preferred stock, $0.001 par value; 5,000,000 shares authorized; no shares issued and outstanding		—			—
Common stock; $0.001 par value; 45,000,000 shares authorized; 4,450,000 shares issued and outstanding		4,450			4,450
Additional paid in capital		29,700			29,700
Accumulated deficit		(182,949	)		(159,944	)
Total Stockholders’ Deficit		(148,799	)		(125,794	)

Total Liabilities and Stockholders’ Deficit	$	32,001		$	29,006

See accompanying notes to these unaudited condensed consolidated financial statements.

CARRIAGE HOUSE EVENT CENTER, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)


		For the Three Months Ended						For the Nine Months Ended
		September 30,						September 30,
		2024			2023			2024			2023
Expenses:
General and administrative	$	13,600		$	2,803		$	23,005		$	11,634
Total operating expenses		13,600			2,803			23,005			11,634

Loss before provision for income taxes		(13,600	)		(2,803	)		(23,005	)		(11,634	)

Provision for income taxes		—			—			—			—

Net loss	$	(13,600	)	$	(2,803	)	$	(23,005	)	$	(11,634	)

Net Loss per common share
Basic and diluted	$	(0.00	)	$	(0.00	)	$	(0.00	)	$	(0.00	)

Weighted average shares outstanding
Basic and diluted		4,450,000			4,450,000			4,450,000			4,450,000

See accompanying notes to these unaudited condensed consolidated financial statements.

CARRIAGE HOUSE EVENT CENTER, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ DEFICIT
FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2024 AND 2023
(Unaudited)

										Total
	Common Stock				Additional Paid		Accumulated			Stockholders’
	Shares		Amount		in Capital		Deficit			Deficit

Balance, December 31, 2023	4,450,000	$	4,450	$	29,700	$	(159,944	)	$	(125,794	)
Net loss	—		—		—		(5,790	)		(5,790	)
Balance, March 31, 2024	4,450,000		4,450		29,700		(165,734	)		(131,584	)
Net loss	—		—		—		(3,615	)		(3,615	)
Balance, June 30, 2024	4,450,000		4,450		29,700		(169,349	)		(135,199	)
Net loss	—		—		—		(13,600	)		(13,600	)
Balance, September 30, 2024	4,450,000	$	4,450	$	29,700	$	(182,949	)	$	(148,799	)

										Total
	Common Stock				Additional Paid		Accumulated			Stockholders’
	Shares		Amount		in Capital		Deficit			Deficit
Balance, December 31, 2022	4,450,000	$	4,450	$	29,700	$	(144,510	)	$	(110,360	)
Net loss	—		—		—		(5,450	)		(5,450	)
Balance, March 31, 2023	4,450,000		4,450		29,700		(149,960	)		(115,810	)
Net loss	—		—		—		(3,381	)		(3,381	)
Balance, June 30, 2023	4,450,000		4,450		29,700		(153,341	)		(119,191	)
Net loss	—		—		—		(2,803	)		(2,803)
Balance, September 30, 2023	4,450,000	$	4,450	$	29,700	$	(156,144	)	$	(121,994	)

See accompanying notes to these unaudited condensed consolidated financial statements.

CARRIAGE HOUSE EVENT CENTER, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

CARRIAGE HOUSE EVENT CENTER, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)


		For the Nine Months Ended
		September 30,
		2024			2023
Cash flows from operating activities:
Net loss	$	(23,005	)	$	(11,634	)
Adjustments to reconcile net loss to net cash used by operating activities:
Accounts payable		(1,000	)		—
Net cash used by operating activities		(24,005	)		(11,634	)

Cash flows from investing activities:		—			—

Cash flows from financing activities:
Proceeds from related party debt		30,000			55,000
Payments on related party debt		(3,000	)		(3,000	)
Net cash (used) provided by financing activities		27,000			52,000

Net change in cash		2,995			40,366
Cash at beginning of period		29,006			1,440
Cash at end of period	$	32,001		$	41,806

Supplemental schedule of cash flow information:
Interest paid	$	—		$	—
Income taxes paid	$	—		$	—

See accompanying notes to these unaudited condensed consolidated financial statements.

Carriage House Event Center, Inc.
Notes to the Unaudited Condensed Consolidated Financial Statements
September 30, 2024

NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS

Carriage House Events Center, Inc. (the “Company” or “We”) was incorporated under the laws of the State Colorado on June 26, 2010. The Company is developing its planned principal operations.

A new corporation, Blue Carriage Events, Inc. (“Blue Carriage”), was formed under the laws of the State of Colorado in September 2018. Blue Carriage issued the Company 100 shares and is a wholly owned subsidiary of the Company.

The Company was formed for the purpose of researching and developing a concept for an Event Center with many additional associated businesses on the same grounds of the Event Center. For several years, the Company did extensive research on Event Centers throughout Colorado, Utah, Nevada and Arizona.

The Covid-19 Pandemic and other circumstances negatively affected the event center business and ultimately our ability to raise capital and move forward with our original business plan. However, now that the Pandemic has subsided, the Company intends to move forward.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The Company’s unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The accompanying unaudited condensed consolidated financial statements reflect all adjustments, consisting of only normal recurring items, which, in the opinion of management, are necessary for a fair statement of the results of operations for the periods shown and are not necessarily indicative of the results to be expected for the full year ending December 31, 2024. These unaudited condensed financial statements should be read in conjunction with the audited consolidated financial statements and the notes thereto that are included in the Company’s Form 10-K for the year ended December 31, 2023.

Use of Estimates

The preparation of consolidated financial statements in conformity with US GAAP 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 consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results may differ from those estimates.

Principles of Consolidation

The unaudited condensed consolidated financial statements include the accounts of the Company and Blue Carriage Events, Inc., its wholly owned subsidiary. During the nine months ending September 30, 2024 and the year ending December 31, 2023, Blue Carriage has had no transactions and has no bank account.

Recent Accounting Standards

The Company has implemented all new accounting pronouncements that are in effect and applicable. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

NOTE 3 - GOING CONCERN

The accompanying unaudited consolidated financial statements have been prepared assuming that the Company will continue as a going concern. The Company has incurred losses since inception and has used mainly related party loans to finance activities during the period from June 26, 2010 (inception) through September 30, 2024, with no resulting revenues. The Company does not have sufficient working capital for its planned activity, and to service its debt, which raises substantial doubt about its ability to continue as a going concern. The Company’s ability to achieve a level of profitable operations and/or additional financing impacts the Company’s ability to continue as it is presently organized. Management continues to develop its planned principal operations. Should management be unsuccessful in its operating activities, the Company may substantially curtail or terminate its operations. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.

On June 1, 2023, the Company entered into a letter of intent to purchase an 8050 Sq. Ft. building in Mesa, Maricopa County, Arizona. When completed, the purchase will be funded with common or preferred stock of the Company and debt. It is expected that the transaction may be completed in the fourth quarter of 2024.

Our focus for the fiscal year ending December 31, 2024, will be on continuing our attempt to raise additional capital, increasing research as to the overall concept, contacting companies that could possibly be a part of the Carriage House Event Center concept and completing a transaction on a facility.

If the Company is unable to raise the required funds to fulfill its business plan, the Company may seek other opportunities including a possible merger, acquisition and/or change of our business plan.

NOTE 4 – RELATED PARTY TRANSACTIONS

The Company has entered into promissory notes (each a “Note” and collectively the “Notes”) with related parties, Terayco Enterprises, LTD. (“Terayco”) and A. Terry Ray (“Terry Ray”). Terayco is a corporation owned by Phillip E. Ray, the husband of A. Terry Ray, and A. Terry Ray, the officer and director and principal shareholder of the Company. Venture Vest Capital Corp. is a corporation owned by Philip E. Ray.

The Company received proceeds of $55,000 from these parties during the year ended December 31, 2023 and made $13,000 in repayments during the year ended December 31, 2023.

In February and March of 2024, an amount of $3,000 was repaid to Venturevest Capital Corp. and the Promissory Note of December 31, 2023 in the amount of $47,000 was cancelled and a new Promissory Note in the amount of $34,000 was made to Venturevest Capital Corp. dated March 31, 2024.

On June 19, 2024, Venturevest Capital Corp. loaned the Company an additional amount of $30,000 to be used for working capital for the company. The Company entered into a promissory note with Venturevest Capital Corporation on June 20, 2024, in the amount of $30,000.

As of September 30, 2024, the outstanding promissory notes were consolidated into four new promissory notes.

Issue Date	Maturity Date		September 30, 2024
12/31/2023	12/31/2025	$	26,500	Terayco International, Ltd
12/31/2023	12/31/2025	$	71,000	Terry Ray
12/31/2023	12/31/2025	$	19,300	Terry Ray
3/31/2024	12/31/2025	$	34,000	VentureVest Capital Corp
6/20/2024	12/31/2025	$	30,000	VentureVest Capital Corp
TOTAL		$	180,800

All promissory notes are interest free until December 31,2025 at which time any unpaid balance will bear interest at the rate of 4% per annum.

NOTE 5 — STOCKHOLDERS’ EQUITY

Common Stock

There are 45,000,000 shares of Common Stock, $0.001 par value, authorized, with 4,450,000 shares issued and outstanding at September 30, 2024 and December 31, 2023.

The holders of Common Stock are entitled to one vote for each share held on all matters submitted to a vote of shareholders. Holders of Common Stock are entitled to receive ratably such dividends, if any, as may be declared by the Board of Directors out of funds legally available therefore, subject to any preferential dividend rights of outstanding Preferred Stock, which may be authorized and issued in the future. Upon a liquidation, dissolution or winding up of the Company, the holders of Common Stock are entitled to receive ratably the net assets available after the payment of all debts and other liabilities, and subject further only to the prior rights of any outstanding Preferred Stock which may be authorized and issued in the future.

The holders of Common Stock have no preemptive, subscription, redemption or conversion rights. The outstanding shares of Common Stock are, and the shares offered herein will be, when issued and paid for, fully paid and non-assessable. Cumulative voting in the election of directors is not permitted and the holders of a majority of the number of outstanding shares will be in a position to control the election of directors at a general shareholder meeting and may elect all of the directors standing for election. We have no present intention to pay cash dividends to the holders of Common Stock.

Preferred Stock

We have 5,000,000 shares of Preferred Stock authorized, none of which have been designated. No shares are issued and outstanding.

NOTE 6 — SUBSEQUENT EVENTS

Management has evaluated subsequent events pursuant to the requirements of ASC 855, Subsequent Events, from the balance sheet date through the date the unaudited consolidated financial statements were issued and has determined that no material subsequent events exist.

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

Our Management’s Discussion and Analysis should be read in conjunction with our unaudited condensed consolidated financial statements and related notes thereto included elsewhere in this quarterly report.

Forward-Looking Statements

This quarterly report on Form 10-Q contains “forward-looking statements” that include information relating to future events, future financial performance, strategies, expectations, competitive environment, regulation and availability of resources. These forward-looking statements include, without limitation, statements regarding: proposed new products or services; our statements concerning litigation or other matters; statements concerning projections, predictions, expectations, estimates or forecasts for our business, financial and operating results and future economic performance; statements of management’s goals and objectives; trends affecting our financial condition, results of operations or future prospects; our financing plans or growth strategies; and other similar expressions concerning matters that are not historical facts. Words such as “may,” “will,” “should,” “could,” “would,” “predicts,” “potential,” “continue,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes” and “estimates,” and similar expressions, as well as statements in future tense, identify forward-looking statements.

Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by which, that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management’s good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. We assume no obligation to update forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information, except to the extent required by applicable securities laws. If we do update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

Business Overview

Carriage House Event Center, Inc. (“we, “us,” “our,” the “Company” or “Carriage House”) was incorporated in the state of Colorado on June 26, 2010. On September 11, 2018, we formed a wholly owned subsidiary company, Blue Carriage Events, Inc.

As of the date of this filing, we have not conducted any business through the Company or through our subsidiary other than research. Our principal executive offices are located at 558 Castle Pines Parkway, B-4, Suite 140, Castle Pines, CO 80108 Telephone 303-517-8845.

We have not generated revenue to date. Our operations since 2010 to date have consisted of extensive research of our concept and filing an S-1 registration statement.

Our independent accountants have expressed a “going concern” opinion on our December 31, 2023 and 2022 audited financial statements.

In 2020, the Company filed an S-1 Registration Statement to register 1,000,000 shares of the Company’s common stock to be sold to the public at the price of $0.10 per share for a total of $100,000. The Registration Statement became effective on May 8, 2020.

The Company sold 300,000 shares of common stock at $0.10 per share for gross proceeds of $30,000. The shares were sold by the officers and Directors of the Company and no broker commissions were paid. There is no guarantee that additional shares will be sold from the Registration Statement.

Our management and related parties own a majority of the outstanding shares of the Company. As of September 30, 2024, management and affiliates own 4,120,000 shares (92.6%) and shareholders holding the free trading shares own 300,000 shares (6.7%) . As a result, management has the ability to determine the outcome on all matters requiring the approval of our shareholders, including the election of directors and approval of significant corporate transactions.

The Company was formed for the purpose of researching and developing a concept of an Event Center with many additional associated businesses on the grounds of the Event Center. As a result of the Covid-19 Pandemic and other circumstances that have negatively affected the event center business and ultimately our ability to raise capital and move forward with our original business plan. However, now that the Pandemic has subsided, the Company intends to move forward with the original business plan. If the Company is unable to raise the required funds to fulfill its business plan, the Company may seek other opportunities including a possible merger, acquisition and/or change of our business plan.

On June 1, 2023, the Company entered into a letter of intent to purchase an 8050 Sq. Ft. building in Mesa, Maricopa County, Arizona. This is a prime location in the heart of Mesa and would be excellent for servicing a very wide area. In Maricopa County there were 26,272 weddings in 2022 at an average cost of $36,739 (“The Wedding Report”) as well as thousands of other types of meetings held in its event centers. When completed, the purchase will be funded with common or preferred stock of the Company and debt. It is expected that the transaction may be completed in the fourth quarter of 2024.

Critical Accounting Estimates

The preparation of financial statements in conformity with generally accepted accounting principles of the United States (“GAAP”) requires estimates and assumptions that affect the reported amounts of assets and liabilities, revenues and expenses in the financial statements and accompanying notes. Critical accounting estimates are those estimates made in accordance with GAAP that involve a significant level of estimation uncertainty and have had or are reasonably likely to have a material impact on the financial condition or results of operations of the Company. Based on this definition, we have not identified any critical accounting estimates. We also have other key accounting policies, which involve the use of estimates, judgments, and assumptions that are significant to understanding our results which are found in Note 2 –Summary of Significant Accounting Policies of our 2023 Annual Report on Form 10-K and Note 2 – Summary of Significant Accounting Policies in the accompanying consolidated interim financial statements. Although we believe that our estimates, assumptions, and judgments are reasonable, they are based upon information presently available. Actual results may differ significantly from these estimates under different assumptions, judgments, or conditions.

Results of Operations for the Three Months Ended September 30, 2024, compared to the Three Months Ended September 30, 2023.

For the three months ended September 30, 2024 and 2023, we did not earn any revenue.

Operating Expenses

For the three months ended September 30, 2024 and 2023, we had general and administrative expenses of $13,600 and $2,803, respectively, an increase of $10,797 or 385.2% . In the current period we incurred $10,000 of consulting fees that we did not have in the prior period.

Net Loss

For the three months ended September 30, 2024 and 2023, our net loss was $13,600 and $2,803, respectively.

Results of Operations for the Nine Months Ended September 30, 2024, compared to the Nine Months Ended September 30, 2023.

For the nine months ended September 30, 2024 and 2023, we did not earn any revenue.

Operating Expenses

For the nine months ended September 30, 2024 and 2023, we had general and administrative expenses of $23,005 and $11,634, respectively, an increase of $11,371 or 97.7% . In the current period we incurred $10,000 of consulting fees that we did not have in the prior period.

Net Loss

For the nine months ended September 30, 2024 and 2023, our net loss was $23,005 and $11,634, respectively.

Operating Expenses

Net Loss

For the nine months ended September 30, 2024 and 2023, our net loss was $23,005 and $11,634, respectively.

Liquidity and Capital Resources

Our cash balance at September 30, 2024 was $32,001, with $180,800 in loans payable to related parties. If we experience a shortage of funds in the next twelve months, we may utilize additional funds from our director, A. Terry Ray, who has agreed to advance funds for operations, however there is no formal commitment, arrangement, or legal obligation to advance or loan funds to us.

Operating Activities

Net cash used in operating activities was $24,005 for the nine months ended September 30, 2024, compared with $11,634 used for operating activities during the nine months ended September 30, 2023.

Investing Activities

We neither generated nor used cash in investing activities during the nine months ended September 30, 2024 or 2023.

Financing Activities

During the nine months ended September 30, 2024, we received $30,000 from a related party loan and used $3,000 to repay related party loans compared to receiving $55,000 from related party loans in the prior period.

Going Concern

The accompanying consolidated unaudited financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the liquidation of liabilities in the normal course of business. The Company currently has limited operations, and a stockholders’ deficit of $148,799 with an accumulated deficit of $182,949 at September 30, 2024. If the Company cannot fulfill its business plan, the Company may attempt to find a merger target in the form of an operating entity. The Company cannot be certain that it will be successful in this strategy.

These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Off Balance Sheet Arrangements

We have not entered into any off-balance sheet arrangements.

ITEM 3. Quantitative and Qualitative Disclosures About Market Risk.

Not Applicable.

ITEM 4. Controls and Procedures.

Evaluation of Disclosure Controls and Procedures

We carried out an evaluation of the effectiveness of disclosure controls and procedures as of the end of the period covered by this report under the supervision and with the participation of our management, including our Principal Executive Officer and Principal Financial Officer, as defined in Rules 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934. Based on that evaluation, our Principal Executive Officer and Principal Financial Officer have concluded that our disclosure controls and procedures during the nine months ended September 30, 2024 were not effective to ensure that information required to be disclosed by us in reports that we file or submit 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. The term “disclosure controls and procedures,” as defined under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), means controls and other procedures of a company that are designed to ensure that information required to be disclosed by a company in the reports that it files or submits under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the SEC’s rules and forms. Management recognizes that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving their objectives and management necessarily applies its judgment in evaluating the cost-benefit relationship of possible controls and procedures. Notwithstanding the identified material weaknesses, management believes the financial statements included in this quarterly report on Form 10-Q fairly represent in all material respects our financial condition, results of operations and cash flows at and for the periods presented in accordance with U.S. GAAP.

Changes in Internal Control over Financial Reporting

There have been no changes in our internal control over financial reporting identified in connection with the evaluation required by paragraph (d) of Rule 13a-15 or Rule 15d-15 under the Exchange Act that occurred during quarter ended September 30, 2024, that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

PART II

ITEM 1. Legal Proceedings

There are no legal proceedings against the Company and the Company is unaware of any proceedings contemplated against it.

Item 1A. Risk Factors.

In accordance with the requirements of Form 10-Q, the Company, as a smaller reporting company, is not required to make the disclosure under 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.

None

Item 5. Other Information.

None

Item 6. Exhibits.

(a) Exhibits.

Exhibit No.	Description
31.1	Rule 13a14(a)/15d-14(a) Certification of Chief Executive Officer and Chief Financial Officer
32.1	Section 1350 Certification of Chief Executive Officer and Chief Financial Officer
101.INS*	Inline XBRL Instance Document(1)
101.SCH*	Inline XBRL Taxonomy Extension Schema Document(1)
101.CAL*	Inline XBRL Taxonomy Extension Calculation Linkbase Document(1)
101.DEF*	Inline XBRL Taxonomy Extension Definition Linkbase Document(1)
101.LAB*	Inline XBRL Taxonomy Extension Label Linkbase Document(1)
101.PRE*	Inline XBRL Taxonomy Extension Presentation Linkbase Document(1)

SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	CARRIAGE HOUSE EVENT CENTER, INC.

Date: November 5, 2024	/s/ A. Terry Ray
	A. Terry Ray, President and CEO
	(Principal Executive Officer), (Principal Accounting Officer)

EXHIBIT 31.1

Certification of Chief Executive Officer and Chief Financial Officer
pursuant to Section 302of the Sarbanes-Oxley Act of 2002

I, A. Terry Ray, certify that:

1.	I have reviewed this report on Form 10-Q.

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 registrant as of, and for, the periods presented in this report;

4.	The registrant’s other certifying officer(s) and I are 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 registrant 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 registrant, 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 registrant’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 registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.	The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’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 registrant’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 registrant’s internal control over financial reporting.

Date: November 5, 2024	By:/s/ A. Terry Ray
	A. Terry Ray
	Chief Executive Officer and Chief Financial Officer

EXHIBIT 32.1

CERTIFICATION

Pursuant to 18 U.S.C. 1350 (Section 906 of the Sarbanes-Oxley Act of 2002)

In connection with the Quarterly Report on Form 10-Q of Carriage House Event Center Inc. (the "Company") for the period ended September 30, 2024, as filed with the Securities and Exchange Commission on the date hereof (the "Report"), A. Terry, as Chief Executive Officer and Chief Financial Officer of the Company, hereby certifies, pursuant to 18 U.S.C. §1350, as adopted pursuant to §906 of the Sarbanes-Oxley Act of 2002, that:

(1)	The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2)	The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date: November 5, 2024	By:/s/ A. Terry Ray
	A. Terry Ray
	Chief Executive Officer and Chief Financial Officer

This certification accompanies each Report pursuant to § 906 of the Sarbanes-Oxley Act of 2002 and shall not, except to the extent required by the Sarbanes-Oxley Act of 2002, be deemed filed by the Company for purposes of §18 of the Securities Exchange Act of 1934, as amended.

A signed original of this written statement required by Section 906 has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request.

Cover - shares	9 Months Ended
Cover - shares	Sep. 30, 2024	Nov. 05, 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	Q3
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--12-31
Entity File Number	333-236117
Entity Registrant Name	CARRIAGE HOUSE EVENT CENTER, INC.
Entity Central Index Key	0001798458
Entity Incorporation, State or Country Code	CO
Entity Address, Address Line One	558 Castle Pines Parkway
Entity Address, Address Line Two	B-4, Suite 140
Entity Address, City or Town	Castle Pines
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80108
City Area Code	303
Local Phone Number	517-8845
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		4,450,000

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Current assets:
Cash	$ 32,001	$ 29,006
Total current assets	32,001	29,006
Total assets	32,001	29,006
Current liabilities:
Accounts payable		1,000
Non-current liabilities
Related party debt – long term	180,800	153,800
Total liabilities	180,800	154,800
Commitments and contingencies
Stockholders’ Deficit:
Preferred stock, $0.001 par value; 5,000,000 shares authorized; no shares issued and outstanding
Common stock; $0.001 par value; 45,000,000 shares authorized; 4,450,000 shares issued and outstanding	4,450	4,450
Additional paid in capital	29,700	29,700
Accumulated deficit	(182,949)	(159,944)
Total Stockholders’ Deficit	(148,799)	(125,794)
Total Liabilities and Stockholders’ Deficit	$ 32,001	$ 29,006

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Sep. 30, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Preferred Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Preferred Stock, Shares Authorized	5,000,000	5,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares Authorized	45,000,000	45,000,000
Common Stock, Shares, Issued	4,450,000	4,450,000
Common Stock, Shares, Outstanding	4,450,000	4,450,000

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Expenses:
General and administrative	$ 13,600	$ 2,803	$ 23,005	$ 11,634
Total operating expenses	13,600	2,803	23,005	11,634
Loss before provision for income taxes	(13,600)	(2,803)	(23,005)	(11,634)
Provision for income taxes
Net loss	$ (13,600)	$ (2,803)	$ (23,005)	$ (11,634)
Net Loss per common share
Basic and diluted	$ (0.00)	$ (0.00)	$ (0.00)	$ (0.00)
Weighted average shares outstanding
Basic and diluted	4,450,000	4,450,000	4,450,000	4,450,000

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS? DEFICIT - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Beginning Balance, Value at Dec. 31, 2022	$ 4,450	$ 29,700	$ (144,510)	$ (110,360)
Beginning Balance, Shares at Dec. 31, 2022	4,450,000
Net loss			(5,450)	(5,450)
Ending Balance, Value at Mar. 31, 2023	$ 4,450	29,700	(149,960)	(115,810)
Ending Balance, Shares at Mar. 31, 2023	4,450,000
Beginning Balance, Value at Dec. 31, 2022	$ 4,450	29,700	(144,510)	(110,360)
Beginning Balance, Shares at Dec. 31, 2022	4,450,000
Net loss				(11,634)
Ending Balance, Value at Sep. 30, 2023	$ 4,450	29,700	(156,144)	(121,994)
Ending Balance, Shares at Sep. 30, 2023	4,450,000
Beginning Balance, Value at Mar. 31, 2023	$ 4,450	29,700	(149,960)	(115,810)
Beginning Balance, Shares at Mar. 31, 2023	4,450,000
Net loss			(3,381)	(3,381)
Ending Balance, Value at Jun. 30, 2023	$ 4,450	29,700	(153,341)	(119,191)
Ending Balance, Shares at Jun. 30, 2023	4,450,000
Net loss			(2,803)	(2,803)
Ending Balance, Value at Sep. 30, 2023	$ 4,450	29,700	(156,144)	(121,994)
Ending Balance, Shares at Sep. 30, 2023	4,450,000
Beginning Balance, Value at Dec. 31, 2023	$ 4,450	29,700	(159,944)	$ (125,794)
Beginning Balance, Shares at Dec. 31, 2023				4,450,000
Net loss			(5,790)	$ (5,790)
Ending Balance, Value at Mar. 31, 2024	4,450	29,700	(165,734)	(131,584)
Beginning Balance, Value at Dec. 31, 2023	4,450	29,700	(159,944)	$ (125,794)
Beginning Balance, Shares at Dec. 31, 2023				4,450,000
Net loss				$ (23,005)
Ending Balance, Value at Sep. 30, 2024	4,450	29,700	(182,949)	$ (148,799)
Ending Balance, Shares at Sep. 30, 2024				4,450,000
Beginning Balance, Value at Mar. 31, 2024	4,450	29,700	(165,734)	$ (131,584)
Net loss			(3,615)	(3,615)
Ending Balance, Value at Jun. 30, 2024	4,450	29,700	(169,349)	(135,199)
Net loss			(13,600)	(13,600)
Ending Balance, Value at Sep. 30, 2024	$ 4,450	$ 29,700	$ (182,949)	$ (148,799)
Ending Balance, Shares at Sep. 30, 2024				4,450,000

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	3 Months Ended				9 Months Ended		12 Months Ended
	Sep. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Mar. 31, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Cash flows from operating activities:
Net loss	$ (13,600)	$ (5,790)	$ (2,803)	$ (5,450)	$ (23,005)	$ (11,634)
Accounts payable					(1,000)
Net cash used by operating activities					(24,005)	(11,634)
Cash flows from investing activities:
Cash flows from financing activities:
Proceeds from related party debt					30,000	55,000	$ 55,000
Payments on related party debt					(3,000)	(3,000)	(13,000)
Net cash (used) provided by financing activities					27,000	52,000
Net change in cash					2,995	40,366
Cash at beginning of period		$ 29,006		$ 1,440	29,006	1,440	1,440
Cash at end of period	$ 32,001		$ 41,806		32,001	41,806	$ 29,006
Supplemental schedule of cash flow information:
Interest paid
Income taxes paid

ORGANIZATION AND DESCRIPTION OF BUSINESS

9 Months Ended

Sep. 30, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

ORGANIZATION AND DESCRIPTION OF BUSINESS

NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS

Carriage House Events Center, Inc. (the “Company” or “We”) was incorporated under the laws of the State Colorado on June 26, 2010. The Company is developing its planned principal operations.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

9 Months Ended

Sep. 30, 2024

Accounting Policies [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

Use of Estimates

Principles of Consolidation

Recent Accounting Standards

GOING CONCERN

9 Months Ended

Sep. 30, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

GOING CONCERN

NOTE 3 - GOING CONCERN

RELATED PARTY TRANSACTIONS

9 Months Ended

Sep. 30, 2024

RELATED PARTY TRANSACTIONS

NOTE 4 – RELATED PARTY TRANSACTIONS

The Company received proceeds of $55,000 from these parties during the year ended December 31, 2023 and made $13,000 in repayments during the year ended December 31, 2023.

As of September 30, 2024, the outstanding promissory notes were consolidated into four new promissory notes.

Issue Date	Maturity Date		September 30, 2024
12/31/2023	12/31/2025	$	26,500	Terayco International, Ltd
12/31/2023	12/31/2025	$	71,000	Terry Ray
12/31/2023	12/31/2025	$	19,300	Terry Ray
3/31/2024	12/31/2025	$	34,000	VentureVest Capital Corp
6/20/2024	12/31/2025	$	30,000	VentureVest Capital Corp
TOTAL		$	180,800

All promissory notes are interest free until December 31,2025 at which time any unpaid balance will bear interest at the rate of 4% per annum.

STOCKHOLDERS’ EQUITY

9 Months Ended

Sep. 30, 2024

Equity [Abstract]

STOCKHOLDERS’ EQUITY

NOTE 5 — STOCKHOLDERS’ EQUITY

Common Stock

There are 45,000,000 shares of Common Stock, $0.001 par value, authorized, with 4,450,000 shares issued and outstanding at September 30, 2024 and December 31, 2023.

Preferred Stock

We have 5,000,000 shares of Preferred Stock authorized, none of which have been designated. No shares are issued and outstanding.

SUBSEQUENT EVENTS

9 Months Ended

Sep. 30, 2024

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

NOTE 6 — SUBSEQUENT EVENTS

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	Sep. 30, 2024
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The Company’s unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The accompanying unaudited condensed consolidated financial statements reflect all adjustments, consisting of only normal recurring items, which, in the opinion of management, are necessary for a fair statement of the results of operations for the periods shown and are not necessarily indicative of the results to be expected for the full year ending December 31, 2024. These unaudited condensed financial statements should be read in conjunction with the audited consolidated financial statements and the notes thereto that are included in the Company’s Form 10-K for the year ended December 31, 2023.
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with US GAAP 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 consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results may differ from those estimates.
Principles of Consolidation	Principles of Consolidation The unaudited condensed consolidated financial statements include the accounts of the Company and Blue Carriage Events, Inc., its wholly owned subsidiary. During the nine months ending September 30, 2024 and the year ending December 31, 2023, Blue Carriage has had no transactions and has no bank account.
Recent Accounting Standards	Recent Accounting Standards The Company has implemented all new accounting pronouncements that are in effect and applicable. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

RELATED PARTY TRANSACTIONS (Tables)

9 Months Ended

Sep. 30, 2024

Schedule of Related Party Transactions

Issue Date	Maturity Date		September 30, 2024
12/31/2023	12/31/2025	$	26,500	Terayco International, Ltd
12/31/2023	12/31/2025	$	71,000	Terry Ray
12/31/2023	12/31/2025	$	19,300	Terry Ray
3/31/2024	12/31/2025	$	34,000	VentureVest Capital Corp
6/20/2024	12/31/2025	$	30,000	VentureVest Capital Corp
TOTAL		$	180,800

ORGANIZATION AND DESCRIPTION OF BUSINESS (Details Narrative)	9 Months Ended
	Sep. 30, 2024 shares
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of Shares Issued	100

GOING CONCERN (Details Narrative)	9 Months Ended
GOING CONCERN (Details Narrative)	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern, Management's Evaluation	The Company does not have sufficient working capital for its planned activity, and to service its debt, which raises substantial doubt about its ability to continue as a going concern.
Going Concern, Management's Plans	If the Company is unable to raise the required funds to fulfill its business plan, the Company may seek other opportunities including a possible merger, acquisition and/or change of our business plan.

Schedule of Related Party Transactions (Details)	9 Months Ended
Schedule of Related Party Transactions (Details)	Sep. 30, 2024 USD ($)
Related Party Transaction [Line Items]
Related Party Debt	$ 180,800
Terayco International [Member] \| First Promissory Notes [Member]
Related Party Transaction [Line Items]
Promissory Notes, Maturity Date	Dec. 31, 2025
Related Party Debt	$ 26,500
Terry Ray [Member] \| Second Promissory Notes [Member]
Related Party Transaction [Line Items]
Promissory Notes, Maturity Date	Dec. 31, 2025
Related Party Debt	$ 71,000
Terry Ray [Member] \| Third Promissory Notes [Member]
Related Party Transaction [Line Items]
Promissory Notes, Maturity Date	Dec. 31, 2025
Related Party Debt	$ 19,300
Venturevest Capital Corp. \| Forth Promissory Notes [Member]
Related Party Transaction [Line Items]
Promissory Notes, Maturity Date	Dec. 31, 2025
Related Party Debt	$ 34,000
Venturevest Capital Corp. \| Fifth Promissory Notes [Member]
Related Party Transaction [Line Items]
Promissory Notes, Maturity Date	Dec. 31, 2025
Related Party Debt	$ 30,000

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	3 Months Ended	9 Months Ended		12 Months Ended
	Mar. 31, 2024	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Related Party Transaction [Line Items]
Proceeds from Related Party Loan		$ 30,000	$ 55,000	$ 55,000
Payments on Related Party Debt		3,000	$ 3,000	13,000
Notes Payable, Current		$ 30,000
Venturevest Capital Corp.
Related Party Transaction [Line Items]
Payments on Related Party Debt	$ 3,000
Notes Reduction				$ 47,000
Notes Issued	$ 34,000

STOCKHOLDERS’ EQUITY (Details Narrative) - $ / shares	Sep. 30, 2024	Dec. 31, 2023
Equity [Abstract]
Common Stock, Shares Authorized	45,000,000	45,000,000
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares, Issued	4,450,000	4,450,000
Common Stock, Shares, Outstanding	4,450,000	4,450,000
Preferred Stock, Shares Authorized	5,000,000	5,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0

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