10-K/A
Annual Report
Innovative Designs, Inc.
CIK: 1190370
File #: 000-51791
Balance Sheet
31 line items · 2 periods
XBRL
| Item | Oct 31, 2025 | Oct 31, 2024 |
|---|---|---|
ASSETS | ||
Current Assets | ||
Cash and Cash Equivalents | 605,052 | 185,675 |
Accounts Receivable | 344,700 | 321,893 |
Other Non-Operating Current Assets | 10,578 | — |
Inventory | 537,713 | 498,758 |
Total Current Assets | 1,498,043 | 1,006,326 |
Property, Plant and Equipment | 30,530 | 28,060 |
OTHER ASSETS | ||
Advance to employees | 20,500 | 5,500 |
Deposits on equipment | 662,944 | 652,944 |
TOTAL ASSETS | 2,212,017 | 1,692,830 |
LIABILITIES & STOCKHOLDERS’ DEFICIT | ||
Current Liabilities | ||
Accounts Payable | 78,750 | 65,267 |
Current portion of notes payable | 36,724 | 20,934 |
Other Non-Operating Current Liabilities | 2,100 | 29,083 |
Shareholder’s loans | — | 50,000 |
Other Current Liabilities | 11,964 | 51,175 |
Total Current Liabilities | 129,538 | 216,459 |
Long-term Liabilities | ||
Long-Term Debt | — | 23,495 |
Reserve for unpaid debt | 12,900 | — |
Long-term portion of shareholder’s loans | 10,000 | 10,000 |
Total Liabilities | 152,438 | 249,954 |
Stockholders’ Deficit | ||
Total Stockholders' Equity | 3,850 | 3,792 |
Total Stockholders' Equity | 12,101,059 | 11,979,117 |
Total Stockholders' Equity | (10,045,330) | (10,540,033) |
Total Stockholders’ equity | 2,059,579 | 1,442,876 |
TOTAL LIABILITIES & STOCKHOLDERS’ EQUITY | 2,212,017 | 1,692,830 |