Item I
UHF
INCORPORATED
BALANCE
SHEETS
|
ASSETS
|
||||||||
|
March
31,
|
December
31,
|
|||||||
|
(Unaudited)
|
||||||||
|
CASH
|
$ | - | $ | - | ||||
|
ORGANIZATION
COST
|
- | - | ||||||
|
TOTAL
ASSETS
|
$ | - | $ | - | ||||
|
LIABILITIES AND
STOCKHOLDERS' DEFICIT
|
||||||||
|
ACCRUED
EXPENSES
|
$ | 14,500 | $ | 13,000 | ||||
|
Total
liabilities
|
14,500 | 13,000 | ||||||
|
COMMITMENTS
AND CONTINGENCIES
|
- | - | ||||||
|
STOCKHOLDERS'
DEFICIT
|
||||||||
|
Common
stock, $.001 par value; 50,000,000 authorized
|
||||||||
|
shares,
9,480,754 issued and outstanding
|
9,481 | 9,481 | ||||||
|
PAID
IN CAPITAL
|
(9,481 | ) | (9,481 | ) | ||||
|
RETAINED
DEFICIT
|
(14,500 | ) | (13,000 | ) | ||||
|
Total
stockholders' deficit
|
(14,500 | ) | (13,000 | ) | ||||
|
TOTAL
LIABILITIES AND STOCKHOLDERS' DEFICIT
|
$ | - | $ | - | ||||
The
accompanying notes are an integral part of these financial
statements.
UHF
INCORPORATED
STATEMENTS OF OPERATIONS AND
RETAINED DEFICIT
| Three Month Period Ended March 31, | ||||||||
|
REVENUE
|
$ | - | $ | - | ||||
|
OPERATING
EXPENSES
|
1,500 | |||||||
|
NET
INCOME
|
(1,500 | ) | (750 | ) | ||||
|
Retained
Deficit - Beginning of Year
|
(13,000 | ) | (10,000 | ) | ||||
|
RETAINED
DEFICIT - END OF PERIOD
|
$ | (14,500 | ) | $ | (10,750 | ) | ||
The
accompanying notes are an integral part of these financial
statements.
UHF
INCORPORATED
STATEMENTS OF CASH
FLOWS
| Three Month Period Ended March 31, | ||||||||
|
CASH
FLOWS FROM OPERATING ACTIVITY - NONE
|
$ | - | $ | - | ||||
|
CASH
FLOW FROM INVESTING ACTIVITIES - NONE
|
- | - | ||||||
|
CASH
FLOWS FROM FINANCING ACTIVITIES - NONE
|
- | - | ||||||
|
Net
change in cash
|
- | - | ||||||
|
Cash
- Beginning of Year
|
- | - | ||||||
|
CASH
- END OF PERIOD
|
$ | - | $ | - | ||||
The
accompanying notes are an integral part of these financial
statements.
UHF
INCORPORATED
NOTES TO FINANCIAL
STATEMENTS
1. UNAUDITED INTERIM FINANCIAL
STATEMENTS
In the
opinion of management, the accompanying unaudited financial statements contain
all adjustments necessary to present fairly the Company’s financial position as
of March 31, 2008 and the results of its operations and its cash flows for the
three month period ended March 31, 2008 and 2007.
The
quarterly financial statements are presented in accordance with the requirements
of the Form 10-QSB and do not include all of the disclosures required by
accounting principles generally accepted in the United States of
America. For additional information, reference is made to the
Company’s audited financial statements for the years ended December 31, 2007 and
2006 filed with Form 10-KSB. The results of operations for the three
month period ended March 31, 2008 and 2007 are not necessarily indicative of
operating results for the full year.
ITEM 3. CONTROLS AND
PROCEDURES
|
a)
|
The
Company’s President, Chief Executive Officer, and Chief Financial Officer
have reviewed the effectiveness of the Company’s disclosure controls and
procedures as defined in Exchange Act Rules 13a-14(c) and 15d-14(c) within
90 days of the date of this report. This officer has concluded
that the Company’s disclosure controls and procedures were adequate and
effective to ensure that material information relating to the financial
statements has been disclosed.
|
|
b)
|
There
were no significant changes in the Company’s internal controls or in other
factors that could significantly affect the Company’s internal controls
and procedures subsequent to the review date, nor any significant
deficiencies or material weaknesses in such internal controls and
procedures requiring corrective
actions.
|
PART
II: OTHER INFORMATION
Item
6. Exhibits
and Reports on Form 8-K
|
(a)
|
Exhibits.
|
Restated
Articles of Incorporation and By-Laws, as amended to date, filed as Exhibit 2 to
the Company’s Registration Statement on Form 10-SB, and incorporated herein by
reference.
SIGNATURE
Pursuant
to the requirements of the Securities and Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
|
UHF INCORPORATED
|
|
|
(Registrant)
|
|
|
Date: April
28, 2008
|
By: /s/ Ronald C. Schmeiser
|
|
Ronald
C. Schmeiser
|
|
|
President,
Chief Executive
|
|
|
Officer,
and Chief Financial Officer
|