10-Q

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

[X]	QUARTERLY REPORT UNDER TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
	FOR THE QUARTERLY PERIOD ENDED JANUARY 31, 2012
OR
[ ]	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission file number 000-52747

NARNIA CORP.

(Exact name of registrant as specified in its charter)

NEVADA
(State or other jurisdiction of incorporation or organization)

Jindi Garden, Boyage, Xihu District,

Hangzhou, Zhejiang, P.R. China

(Address of principal executive offices, including zip code.)

011 86 1358 841 1118

(telephone number, including area code)

Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 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 last 90 days.
YES [X]   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 [X]   NO [   ]

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

Large Accelerated Filer	[ ]	Accelerated Filer	[ ]
Non-accelerated Filer	[ ]	Smaller Reporting Company	[X]
(do not check if smaller reporting company)

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

YES [X]  NO [  ]

State the number of shares outstanding of each of the issuer’s classes of common equity, as of the latest practicable date: 162,729,000 as of March 13,  2012.

PART I – FINANCIAL INFORMATION

ITEM 1.                FINANCIAL STATEMENTS

The financial statements of Narnia Corp. (the “company”), included herein were prepared, without audit, pursuant to rules and regulations of the Securities and Exchange Commission. Because certain information and notes normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America were condensed or omitted pursuant to such rules and regulations, these financial statements should be read in conjunction with the financial statements and notes thereto included in the audited financial statements of our company as included in our company’s Form 10-K for the year ended April 30, 2011.

Narnia Corp.

(An Exploration Stage Company)

Unaudited Financial Statements

INDEX

Balance Sheets............................................................................................................................................................................. F-1

Statements of Operations........................................................................................................................................................... F-2

Statements of Cash Flows.......................................................................................................................................................... F-3

Notes to the Financial Statements............................................................................................................................................ F-4

2

Narnia Corp.
(formerly China Forest Energy Corp.)
(An Exploration Stage Company)
Balance Sheets
(Unaudited)
			January 31, 2012		April 30, 2011
ASSETS
Current assets
	Cash	$	298	$	578
	Prepaid expenses		-		3,500
Total assets		$	298	$	4,078
LIABILITIES AND STOCKHOLDERS' DEFICIT
Current liabilities
	Accounts payable and accrued liabilities	$	16,766	$	1,817
	Notes payable		38,500		28,500
	Advances from related party		21,000		21,000
Total liabilities			76,266		51,317
Commitments and contingencies			-		-
Stockholders' deficit
	Preferred stock, $0.00001 par value; 100,000,000 shares authorized, none issued and outstanding
	Common stock, $0.00001 par value; 400,000,000 shares authorized, 162,729,000 issued and outstanding		1,627		1,627
	Additional paid-in capital		182,073		172,737
	Deficit accumulated during the exploration stage		(259,668)		(221,603)
Total stockholders' deficit			(75,968)		(47,239)
Total liabilities and stockholders' deficit		$	298	$	4,078
The accompanying notes are an integral part of these financial statements.

F-1

Narnia Corp.
(formerly China Forest Energy Corp.)
(An Exploration Stage Company)
Statements of Operations
(Unaudited)
			For the Three Months Ended January 31, 2012		For the Three Months Ended January 31, 2011		For the Nine Months Ended January 31, 2012		For the Nine Months Ended January 31, 2011		From January 26, 2006 (inception) to January 31, 2012
Operating expenses:
	General and administrative	$	14,579	$	10,034	$	35,479	$	20,602	$	252,932
	Impairment of mineral property costs		-		-		-		-		3,500
Operating loss			(14,579)		(10,034)		(35,479)		(20,602)		(256,432)
Interest expense			970		-		2,586		-		3,236
Net loss		$	(15,549)	$	(10,034)	$	(38,065)	$	(20,602)	$	(259,668)
Net loss per share - basic and diluted		$	(0.00)	$	(0.00)	$	(0.00)	$	(0.00)
Weighted average number of common shares outstanding
- basic and diluted			162,729,000		162,729,000		162,729,000		162,729,000
The accompanying notes are an integral part of these financial statements.

F-2

Narnia Corp.
(formerly China Forest Energy Corp.)
(An Exploration Stage Company)
Statements of Cash Flows
(Unaudited)
				For the Nine Months Ended January 31, 2012		For the Nine Months Ended January 31, 2011		From January 26, 2006 (inception) to January 31, 2012
Cash Flows from Operating Activities
	Net loss		$	(38,065)	$	(20,602)	$	(259,668)
	Adjustments to reconcile net loss to net cash used in operating activities:
		- Impairment of mineral property costs		-		-		3,500
		- Donated services		4,500		4,500		36,000
		- Donated rent		2,250		2,250		18,000
		- Imputed interest		2,586		-		3,236
	Changes in operating assets and liabilities:
		- Prepaid expenses		3,500		(7,000)		-
		- Accounts payable and accrued liabilities		14,949		1,005		16,766
Net cash used in operating activities				(10,280)		(19,847)		(182,166)
Cash Flows from Investing Activities
	Purchase of mineral property			-		-		(3,500)
Net cash used in investing activities				-		-		(3,500)
Cash Flows from Financing Activities
	Advances from related party			-		23,565		46,554
	Proceeds from notes payable			10,000		-		38,500
	Proceeds from sales of common stock			-		-		100,910
Net cash provided by financing activities				10,000		23,565		185,964
Net increase (decrease) in cash				(280)		3,718		298
Cash, beginning of period				578		1,982		-
Cash, end of period			$	298	$	5,700	$	298
Supplemental information:
	Interest paid		$	-	$	-	$	-
	Income taxes paid		$	-	$	-	$	-
Non-cash investing and financing activities:
	Capital contribution of shareholder loan		$	-	$	-	$	25,554
The accompanying notes are an integral part of these financial statements.

F-3

Narnia Corp.

(Formerly China Forest Energy Corp.)

(An Exploration Stage Company)

Notes to Financial Statements

(Unaudited)

NOTE 1 – NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Narnia Corp. (the “Company”) was incorporated in the State of Nevada on January 26, 2006. The Company is an Exploration Stage Company. The Company’s principal business is the acquisition, exploration and development of mineral properties.

On December 16, 2010, the Company filed articles of merger with its wholly-owned subsidiary to change the Company’s name to China Forest Energy Corp. and filed a certificate of change with the Nevada Secretary of State to give effect to a forward split of the Company’s authorized and issued and outstanding shares of common stock on a nine (9) new for one (1) old basis. Upon effect of the forward stock split, the authorized capital increased from 100,000,000 to 900,000,000 shares of common stock and, correspondingly, the issued and outstanding increased from 2,009,000 to 18,081,000 shares of common stock, with a par value of $0.00001. The Company’s preferred stock was unaffected as a result of the forward split. The Company’s financial statements have been retroactively restated to incorporate the effect of the forward split.

On January 12, 2011, the Company entered into a share exchange agreement with Zhejiang Forest Bamboo Tec Co., Ltd. a People’s Republic of China corporation and Forest Energy Co., Ltd., a British Virgin Islands corporation. Forest Energy Co., Ltd. is the registered and beneficial owner of all of the issued and outstanding common shares of Sinoport Enterprises Limited, a British Virgin Islands corporation (“Sinoport”); Sinoport is the sole owner of all share capital of USCNHK Group Limited, a Hong Kong corporation, (“USCNHK”), and USCNHK is the owner of 95%, or 76,000,000 shares, of the share capital of Zhejiang Forest Bamboo Tec Co., Ltd. The Company has agreed to issue 15,919,000 common shares to the Forest Energy Co., Ltd.’s Shareholder as consideration for the purchase of 50,000 common shares of Zhejiang Forest Bamboo Tec Co., Ltd. Upon closing of the share exchange, Yongfu Zhu, one of the Company’s current officers and directors, will cancel 9,000,000 shares of the Company’s common stock held in his name and the Company will have no more than 25,000,000 shares of common stock issued and outstanding.  As of November 22, 2011, this share exchange agreement was terminated. There were no early termination penalties associated with the termination of the above agreement.

Effective January 25, 2012, the Company changed its name from China Forest Energy Corp. to Narnia Corp. and effected a 1:9 forward split of its issued and outstanding shares of common stock. As a result, the Company’s issued and outstanding shares of common stock increased from 18,081,000 shares of common stock to 162,729,000 shares of common stock on that date, par value of $0.00001. The Company’s financial statements have been retroactively restated to incorporate the effect of the forward split. Also effective January 25, 2012, the Company’s authorized capital decreased from 900,000,000 shares of common stock to 400,000,000 shares of common stock, par value of $0.00001.  The Company’s preferred stock will remain unchanged.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

These financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States, and are expressed in U.S. dollars. The Company’s fiscal year-end is April 30.

Interim Financial Statements

The interim unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information and with the instructions to Securities and Exchange Commission (“SEC”) Form 10-Q. They do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. Therefore, these financial statements should be read in conjunction with the Company’s audited financial statements and notes thereto for the year ended April 30, 2011, included in the Company’s Annual Report on Form 10-K filed on August 4, 2011 with the SEC. The financial statements included herein are unaudited; however, they contain all normal recurring accruals and adjustments that, in the opinion of management, are necessary to present fairly the Company’s financial position at January 31, 2012 and atApril 30, 2011, and the results of its operations and cash flows for the nine months ended January 31, 2012 and 2011. The results of operations for the nine months ended January 31, 2012 are not necessarily indicative of the results to be expected for future quarters or the full year.

F-4

Narnia Corp.

(Formerly China Forest Energy Corp.)

(An Exploration Stage Company)

Notes to Financial Statements

(Unaudited)

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, CONTINUED

Use of Estimates

The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The Company regularly evaluates estimates and assumptions related to donated expenses and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.

Earnings (Loss) Per Share

The Company computes earnings (loss) per share (“EPS”) in accordance with Accounting Standards Codification (“ASC”) 260, "Earnings per Share". Basic EPS is computed by dividing earnings (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method for options and warrants and the if-converted method for convertible preferred stock and convertible debt. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti dilutive. In periods where losses are reported, the weighted-average number of common shares outstanding excludes common stock equivalents, because their inclusion would be anti-dilutive.  At January 31, 2012 and 2011, there were no potentially dilutive shares outstanding.

Cash and Cash Equivalents

The Company considers all highly liquid instruments with a maturity of three months or less at the time of issuance to be cash equivalents.

Foreign Currency Translation

The Company’s functional and reporting currency is the United States dollar. Occasional transactions may occur in a foreign currency. Monetary assets and liabilities denominated in foreign currencies are translated using the exchange rate prevailing at the balance sheet date. Non-monetary assets and liabilities denominated in foreign currencies are translated at rates of exchange in effect at the date of the transaction. Average monthly rates are used to translate revenues and expenses. Gains and losses arising on translation or settlement of foreign currency denominated transactions or balances are included in the determination of income. No material foreign currency transactions occurred for the periods presented in the financial statements.

Income Taxes

Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amounts expected to be realized.

Subsequent Events

The Company has evaluated subsequent events through the filing date of this Form 10-Q and has determined that there were no subsequent events to recognize or disclose in these financial statements.

F-5

Narnia Corp.

(Formerly China Forest Energy Corp.)

(An Exploration Stage Company)

Notes to Financial Statements

(Unaudited)

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, CONTINUED

Recent Accounting Pronouncements

The Company does not expect the adoption of any other recently issued accounting pronouncements to have a significant effect on its financial position or results of operations.

NOTE 3 – GOING CONCERN

These financial statements have been prepared on a going concern basis, which implies the Company will continue to realize its assets and discharge its liabilities in the normal course of business. Since inception, the Company has not generated revenues and has not paid any dividends and is unlikely to either pay dividends or generate revenues in the immediate or foreseeable future. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders, the ability of the Company to obtain necessary equity financing, the Company’s success in acquiring interests in properties that have economically recoverable reserves, and the attainment of profitable operations. As of January 31, 2012, the Company has a working capital deficit, generated no revenues since inception, and has an accumulated deficit totaling $259,668 since inception. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern. These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

NOTE 4 – RELATED PARTY TRANSACTIONS

As of January 31, 2012 and April 30, 2011, the Company was indebted to a current director, the current CFO, Treasurer and Secretary of the Company in the amount of $21,000 and $21,000, respectively, representing cash advances and expenses paid on behalf of the Company. The balances consist of advances that are non-interest bearing, unsecured and due on demand.

During the three months ended January 31, 2012 and 2011, the Company recognized $750 and $750, respectively, for donated rent and $1,500 and $1,500, respectively, for donated services of its principal executive. During the nine months ended January 31, 2012 and 2011, the Company recognized $2,250 and $2,250, respectively, for donated rent and $4,500 and $4,500, respectively, for donated services. These amounts were charged to operations and recorded as additional paid-in capital.

F-6

Narnia Corp.

(Formerly China Forest Energy Corp.)

(An Exploration Stage Company)

Notes to Financial Statements

(Unaudited)

NOTE 5 – NOTE PAYABLE

On December 20, 2010, the Company obtained a loan with a principal balance $16,565 from an unrelated party. The loan is non-interest bearing, unsecured and due on demand.

On April 1, 2011, the Company obtained a loan with a principal balance of $4,500 from an unrelated party. The loan is non-interest bearing, unsecured and due on demand.

On April 13, 2011, the Company obtained a loan with a principal balance of $4,435 from an unrelated party. The loan is non-interest bearing, unsecured and due on demand.

On April 30, 2011, the Company obtained a loan with a principal balance of $3,000 from an unrelated party. The loan is non-interest bearing, unsecured and due on demand.

On August 15, 2011, the Company obtained a loan with a principal balance of $5,000 from an unrelated party. The loan is non-interest bearing, unsecured and due on demand.

On September 9, 2011, the Company obtained a loan with a principal balance of $5,000 from an unrelated party. The loan is non-interest bearing, unsecured and due on demand.

As of January 31, 2012 and April 30, 2011, the Company had non-interest bearing loans totaling $38,500 and $28,500, respectively. These loans are unsecured and due on demand. During the three months ended January 31, 2012, the Company recorded imputed interest in the amount of $970 on these non-interest bearing loans and recorded as additional paid-in capital.  During the nine months ended January 31, 2012, the Company recorded imputed interest in the amount of $2,586 on these non-interest bearing loans and recorded as additional paid-in capital.

F-7

ITEM 2.                MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

FORWARD-LOOKING STATEMENTS

This quarterly report contains forward-looking statements. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.

Our financial statements are stated in United States Dollars (US$) and are prepared in accordance with United States Generally Accepted Accounting Principles.

In this quarterly report, unless otherwise specified, all dollar amounts are expressed in United States dollars and all references to “common shares” refer to the common shares in our capital stock.

As used in this current report and unless otherwise indicated, the terms “we”, “us”, “our” and “our company” mean Narnia Corp., unless otherwise stated.

General Overview

We were incorporated in Nevada on January 26, 2006 under the name Henix Resources, Inc. On   December 16, 2010, we changed our name to China Forest Energy Corp. by way of a merger with our wholly-owned subsidiary China Forest Energy Corp. which was formed for the sole purpose of the change of name. In addition to our change of name, we effected a 1 for 9 forward split of our authorized and issued and outstanding common shares. Upon effect of the forward stock split, our authorized capital increased from 100,000,000 to 900,000,000 shares of common stock and, correspondingly, our issued and outstanding shares increased from 2,009,000 to 18,081,000 shares of common stock, with a par value of $0.00001. Our preferred stock was unaffected as a result of the forward split.

Effective January 25, 2012, we changed our name to Narnia Corp. In addition, we effected a 1-for-9 forward stock split of our issued and outstanding common shares. Upon effect of the forward stock split our issued and outstanding shares increased from 18,081,000 to 162,729,000 shares of common stock.  Also effectiveJanuary 25, 2012, our authorized capital decreased from 900,000,000 shares of common stock to 400,000,000 shares of common stock, with a par value of $0.00001. Our preferred shares remain unchanged.

Our principal business address is Jindi Garden, Boyage, Xihu District, Hangzhou, Zhejiang, China. Our telephone number is 011-86-1358-841-1118.

Current Business

We are an exploration stage company in the business of the acquisition and exploration of mineral properties. As at the date of this quarterly report, we do not own or have any rights to any mineral property.

3

On January 12, 2011, we entered into share exchange agreement with Zhejiang Forest Bamboo Tec Co., Ltd. a People’s Republic of China corporation and Forest Energy Co., Ltd., a British Virgin Islands corporation. Forest Energy Co., Ltd. is the registered and beneficial owner of all of the issued and outstanding common shares in the capital of Sinoport Enterprises Limited, a British Virgin Islands corporation. Sinoport is the sole owner of all share capital of USCNHK Group Limited, a Hong Kong corporation and USCNHK is the owner of 95%, or 76,000,000 shares, of the share capital of Zhejiang Forest Bamboo Tec Co., Ltd. Our company agreed to issue 15,919,000 common shares to the Forest Energy Co., Ltd.’s shareholder as consideration for the purchase of 50,000 common shares of Zhejiang Forest Bamboo Tec Co., Ltd. Upon closing of the share exchange, Yongfu Zhu, one of our current officers and directors, would cancel 9,000,000 shares of our common stock held in his name and we would have no more than 25,000,000 shares of common stock issued and outstanding. As of November 22, 2011, the share exchange agreement was terminated.

Since we were not able to close the share exchange agreement, we will continue with our original plan of acquisition and exploration of mineral properties. This business is further described below.

Plan of Operation

We are a start-up, exploration-stage mining corporation and have not yet generated or realized any revenues from our business operations. We raised $100,900 from our public offering and issued 1,000,900 common shares at $0.10 per share on November 16, 2006. We believe that further financing (either debt or equity financing) is required for us to acquire other mineral properties.

We intend to acquire other mineral properties; however, no acquisition has been materialized as of this report. We are not going to buy or sell any plant or significant equipment during the next twelve months.

Our exploration target is to find properties containing gold. Our success depends upon finding mineralized material from such acquired properties. This includes a determination by our consultant if the property contains reserves. Although we successfully raised capital in 2006, we must find and acquire other mineral properties for further exploration.

We currently do not own or have a right to explore any property. We have not identified any properties for exploration. Our plan is to acquire an option on a property and prospect for gold in China. Our target is mineralized material. Our success depends upon finding mineralized material. Mineralized material is a mineralized body which has been delineated by appropriate spaced drilling or underground sampling to support sufficient tonnage and average grade of metals to justify removal. If we do not find mineralized material or we cannot remove mineralized material, either because we do not have the money to do it or because it is not economically feasible to do it, we will cease operations.

In addition, we do not have enough money to complete the exploration of any property. We will try to raise additional funds from a public offering, a private placement or loans. At the present time, we have not made any plans to raise additional money and there is no assurance that we would be able to raise additional money in the future. If we need additional money and cannot raise it, we will have to suspend or cease operations.

After we acquire a property, we must conduct exploration to determine what amount of minerals, if any, exist on the properties and if any minerals which are found can be economically extracted and profitably processed. There is no assurance that we will ever acquire or an option on a property.

We intend to seek out raw undeveloped property by retaining the services of a professional mining geologist to be selected. As of the date of this report, we have not selected a geologist. Our properties will in all likelihood be undeveloped raw land. That is because raw undeveloped land is much cheaper than  purchasing an existing developed property. A developed property is one with a defined ore body. Thereafter, exploration will be initiated. We do not know if we will find mineralized material.

4

Our exploration program is designed to economically explore any property we may obtain. Again, at the present time we do not own any interest in any properties. We do not claim to have any minerals or reserves whatsoever.

We intend to implement an exploration program which consists of rock sampling. Rock sampling is the collection of a series of small chips over a measured distance, which is then submitted for a chemical analysis, usually to determine the metallic content over the sampled interval, a pre-determined grid laid out on the property. If the rock sampling is successful, then further work by way of a controlled source magnetotelluric survey may be in order. This is an electromagnetic method used to map the variation of the Earth's resistivity (the resistance of the earth to conduct electricity) by measuring naturally occurring electric and magnetic fields at the Earth's surface. This process gives an indication of where drilling locations may be warranted. If drilling were to be indicated, then our first choice would be reverse circulation drilling. This is a less expensive form of drilling that does not allow for the recovery of a tube or core of rock. The material is brought up from depth as a series of small chips of rock that are then bagged and sent in for analysis. This is a quicker and cheaper method of drilling, but does not necessarily give one as much information about the underlying rocks. If warranted, core sampling would follow this stage. Core sampling is the process of drilling holes to a depth of up to 1,400 feet in order to extract samples of earth. Our mining engineer will determine where drilling will occur on the property. As of the date of this registration statement, we have not retained the services of any mining engineers, and would not entertain doing so until an appropriate property has been secured. The drill samples will be tested to determine if mineralized material is located on the property. Based upon the tests of the drill samples, we will determine if we will terminate operations; proceed with additional exploration of the property; or develop the property. Our current financial condition is designed to only fund the costs of rock sampling and testing.

Our plan of operation, time frames involved and costs are as follows:

Item or Activity		Cost
Property Acquisition	$	10,000
Consulting Service	$	5,000
Surface Sampling & Geochemical Analysis	$	15,000
Mobilization/Demobilization Contractor	$	12,000
Dozer, Grader, Backhoe, ATV	$	12,000
Reclamation/Bond	$	3,000
Field Supplies	$	300
Travel Expenses	$	3,000

We will allocate $10,000 for the securing of one property in China. We have not selected a property at this time. We intend to secure a property within the next twelve months, the cost of which should not exceed $10,000.

Exploration expenditures consist of fees to be paid for consulting services connected with exploration, the cost of rock sampling (the collection of a series of small chips over a measured distance, which is then submitted for a chemical analysis, usually to determine the metallic content over the sampled interval, a pre-determined location(s) on the property), and cost of analyzing these samples. Since we do not own an interest in any properties, we have not begun exploration. Consulting fees will not be paid except on an as needed basis and should not exceed $5,000 for the next 12 months.

We cannot be more specific about the application of proceeds for exploration, because we do not know what we will find.

We will allocate a range of money for exploration. That is because we do not know how much will ultimately be needed for exploration. If our initial exploration proves positive results, we will expand the exploration activities to include reverse circulation drilling. This is a less expensive form of drilling that does not allow for the recovery of a tube or core of rock. The material is brought up from depth as a series of small chips of rock that are then bagged and sent in for analysis. This is a quicker and cheaper method of drilling, but does not necessarily give one as much information about the underlying rocks. If warranted, core drilling would follow this stage.

5

If we discover significant quantities of mineralized material, we will begin technical and economic feasibility studies to determine if we have reserves. Only if we have reserves will we consider developing the property.

Once we have secured a property, and if through early stage exploration we find mineralized material and it is feasible to expand the exploration program, we will attempt to raise additional money through a subsequent private placement, public offering or through loans. If we do not raise all of the money we need, we will have to find alternative sources of funding, like a public offering, a private placement of securities, or loans from our officers or others.

We have discussed this matter with our officers and directors, however, our officers and directors are unwilling to make any commitment to loan us any significant amounts of money at this time. At the present time, we have not made any arrangements to raise additional cash. If we need additional cash and cannot raise it we will either have to suspend operations until we do raise the cash, or cease operations entirely.

We will be conducting research in the form of exploration of the property we intend to secure. We are not going to buy or sell any plant or significant equipment during the next twelve months. We will not buy any equipment until we have located a body of minerals and we have determined they are economical to extract from the land.

The breakdown of estimated times and dollars was made in consultation with mining engineers in China. 

We do not intend to interest other companies in the property if we find mineralized materials. We intend to try to develop the reserves ourselves.

If we are unable to complete exploration because we do not have enough money, we will cease operations until we raise more money. If we cannot or do not raise more money, we will cease operations. If we cease operations, we don't know what we will do and we don't have any plans to do anything else.

We cannot provide a more detailed discussion of how our exploration program will work and what we expect will be our likelihood of success. That is because we do not own an interest in a property. We may or may not find any mineralized material. We hope we do, but it is impossible to predict the likelihood of such an event.

We do not have a projection of future revenues for our company because we have not located an ore body yet and as such it is impossible to project future revenues.

Limited Operating History

There is limited historical financial information about us upon which to base an evaluation of our performance. We are an exploration-stage corporation and have not generated any revenues from operations. We cannot guarantee we will be successful in our business operations. Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources, possible delays in the exploration of our properties, and possible cost overruns due to price and cost increases in services.

To become profitable and competitive, we must find and acquire other mineral properties and conduct more comprehensive research and exploration of such properties before we start production of any minerals we may find.

Results of Operations

We have not generated any revenue since inception and are dependent upon obtaining financing to pursue our business activities. For these reasons, our auditors believe that there is substantial doubt that we will be able to continue as a going concern.

6

Our operating results for the three and nine month periods ended January 31, 2012 and 2011 and the changes between those periods for the respective items are summarized as follows:

		Three Month Period Ended January 31, 2012		Three Month Period Ended January 31, 2011		Nine Month Period Ended January 31, 2012		Nine Month Period Ended January 31, 2011		Period from January 26, 2006 (Inception) to January 31, 2012
Revenue	$	Nil	$	Nil	$	Nil	$	Nil	$	Nil
General and Administrative	$	14,579	$	10,034	$	35,479	$	20,602	$	252,932
Impairment of mineral property costs	$	Nil	$	Nil	$	Nil	$	Nil	$	3,500
Interest expense	$	970	$	Nil	$	2,586	$	Nil	$	3,236
Net loss	$	(15,549)	$	(10,034)	$	(38,065)	$	(20,602)	$	(259,668)

For the three-month period ended January 31, 2012 and 2011, our company reported revenues of $Nil, and $Nil, respectively. For the three months ended January 31, 2012, total expenses were $14,579, a $4,545, or 45%, increase from the $10,034 reported for the same period in 2011. Approximately $4,500 of this increase is attributable to an increase in filing fees, legal fees and professional fees.

For the nine-month period ended January 31, 2012 and 2011, our company reported revenues of $Nil, and $Nil, respectively.  For the nine months ended January 31, 2011, total expenses were $35,479, a $14,877, or 72%, increase from the $20,602 reported for the same period in 2011. Approximately $6,600 of this increase is attributable to an increase in filing fees, $3,000 of this increase is attributable to an increase in legal fees and $5,000 of this increase is attributable to an increase in professional fees.

Total expenses reported for the three and nine-month periods ended January 31, 2012 and 2011 primarily represent expenses incurred for general administration, rent, travel, filing fees, professional services, bank service charges and interest. Shareholders of our company have been making advances to our company for the payment of operating expense; they have agreed to continue providing capital for ongoing operations, until such time as our company can generate revenues from commercial operations or increase capital through various financing arrangements.

Liquidity and Capital Resources

Working Capital

	At January 31, 2012 ($)	At April 30, 2011 ($)
Current Assets	298	4,078
Current Liabilities	76,266	51,317
Working Capital/(Deficit)	(75,968)	(47,239)

Cash Flows

	Nine Months Ended January 31, 2012 ($)	Nine Months Ended January 31, 2011 ($)	Period from Inception (January 26, 2006) to January 31, 2012 ($)
Cash Flows used in Operating Activities	（10,280）	(19,847)	(182,166)
Cash Flows used in Investing Activities	Nil	Nil	(3,500)
Cash Flows provided by Financing Activities	10,000	23,565	185,964
Net Increase (Decrease) in Cash During Period	(280)	3,718	298

7

As of January 31, 2012, our total current assets were $298 and our total current liabilities were $76,266 for a working capital deficitof $75,968. 

To meet our need for cash, since inception and up to January 31, 2012, we have issued 162,729,000 shares of our common stock and received $100,910. We also borrowed $46,554 and $38,500 from a related party and third party notes payable, respectively. As of January 31, 2012, we have $298 in cash available.  If we acquire a property, find mineralized material, and it is economically feasible to remove the mineralized material, we will attempt to raise additional money through a subsequent private placement, public offering or through loans.

As of the date of this report we have yet to generate any revenues.

As at January 31, 2012, our company has not generated revenues and has accumulated losses totaling $259,668 since inception. These factors raise substantial doubt regarding our company’s ability to continue as a going concern. The financial statements included herein do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should our company be unable to continue as a going concern.

Critical Accounting Policies

Use of Estimates

The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Our company regularly evaluates estimates and assumptions related to donated expenses and deferred income tax asset valuation allowances. Our company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by our company may differ materially and adversely from our company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.

Recent Accounting Pronouncements

Our company does not expect the adoption of any other recently issued accounting pronouncements to have a significant effect on its financial position or results of operations.

Off-Balance Sheet Arrangements

There are no off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to our investors.

ITEM 3.                QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISKS

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

8

ITEM 4.                CONTROLS AND PROCEDURES

Management’s Report on Disclosure Controls and Procedures

We maintain disclosure controls and procedures that are designed to ensure that information required to be disclosed in our reports filed under the Securities Exchange Act of 1934, as amended, is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms, and that such information is accumulated and communicated to our management, including our president (our principal executive officer) and our chief financial officer (our principal financial officer and principle accounting officer) to allow for timely decisions regarding required disclosure.

As of the end of our quarter covered by this report, we carried out an evaluation, under the supervision and with the participation of our president (our principal executive officer) and our chief financial officer (our principal financial officer and principle accounting officer), of the effectiveness of the design and operation of our disclosure controls and procedures. Based on the foregoing, our president (our principal executive officer) and our chief financial officer (our principal financial officer and principle accounting officer) concluded that our disclosure controls and procedures were not effective as of the end of the period covered by this quarterly report.

Changes in Internal Control over Financial Reporting

During the period covered by this report there were no changes in our internal control over financial reporting that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

PART II – OTHER INFORMATION

ITEM 1.                LEGAL PROCEEDINGS

We know of no material, existing or pending legal proceedings against our company, nor are we involved as a plaintiff in any material proceeding or pending litigation. There are no proceedings in which any of our directors, officers or affiliates, or any registered beneficial shareholder, is an adverse party or has a material interest adverse to our interest.

ITEM 1A.             RISK FACTORS

As 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.

9

ITEM 5.                OTHER INFORMATION

                  None.

ITEM 6.                EXHIBITS

Exhibit No.	Description
(3)	Articles of Incorporation and Bylaws
3.1	Articles of Incorporation (incorporated by reference to our Registration Statement on Form SB-2 filed on August 17, 2006)
3.2	Bylaws (incorporated by reference to our Registration Statement on Form SB-2 filed on August 17, 2006)
3.3	Articles of Merger (incorporated by reference to our Current Report on Form 8-K filed on December 23, 2010)
3.4	Certificate of Change (incorporated by reference to our Current Report on Form 8- K filed on December 23, 2010)
3.5	Certificate of Amendment (incorporated by reference to our Current Report on Form 8-K filed on January 23, 2012)
(14)	Code of Ethics
14.1	Code of Ethics (incorporated by reference to our Annual Report on Form 10-KSB filed on July 30, 2007)
(31)	Rule 13a-14(a)/15d-14(a) Certifications
31.1*	Section 302 Certification under Sarbanes-Oxley Act of 2002 of Principal Executive Officer.
31.2*	Section 302 Certification under Sarbanes-Oxley Act of 2002 of Principal Financial Officer and Principal Accounting Officer.
(32)	Section 1350 Certifications
32.1*	Section 906 Certification under Sarbanes-Oxley Act of 2002 of Principal Executive Officer.
32.2*	Section 906 Certification under Sarbanes-Oxley Act of 2002 of Principal Financial Officer and Principal Accounting Officer.
101**	Interactive Data Files
101.INS 101.SCH 101.CAL 101.DEF 101.LAB 101.PRE	XBRL Instance Document XBRL Taxonomy Extension Schema Document XBRL Taxonomy Extension Calculation Linkbase Document XBRL Taxonomy Extension Definition Linkbase Document XBRL Taxonomy Extension Label Linkbase Document XBRL Taxonomy Extension Presentation Linkbase Document

* Filed herewith

**   Furnished herewith. Pursuant to Rule 406T of Regulation S-T, the Interactive Data Files on Exhibit 101 hereto are deemed not filed or part of any registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, are deemed not filed for purposes of Section 18 of the Securities and Exchange Act of 1934, and otherwise are not subject to liability under those sections.

10

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) 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.

	NARNIA CORP.
	(Registrant)
Date: March 13, 2012	BY:	/s/ HONGXIAO ZHANG
		Hongxiao Zhang
		President, Chief Executive Officer and Director (Principal Executive Officer)
Date: March 13, 2012	BY:	/s/ YONGFU ZHU
		Yongfu Zhu
		Chief Financial Officer, Treasurer, Secretary and Director
		(Principal Financial Officer and Principal Accounting Officer)

11

EX-31

EXHIBIT 31.1

CERTIFICATION PURSUANT TO
18 U.S.C. ss 1350, AS ADOPTED PURSUANT TO
SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Hongxiao Zhang, certify that:

1.             I have reviewed this quarterly report on Form 10-Q of Narnia Corp.;

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 the 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:  March 13, 2012

/s/HONGXIAO ZHANG

President, Chief Executive Officer and Director

(Principal Executive Officer)

EX-31

EXHIBIT 31.2

CERTIFICATION PURSUANT TO
18 U.S.C. ss 1350, AS ADOPTED PURSUANT TO
SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Yongfu Zhu, certify that:

1.             I have reviewed this quarterly report on Form 10-Q of Narnia Corp.;

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 the 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:  March 13, 2012

/s/YONGFU ZHU

Chief Financial Officer, Treasurer, Secretary and Director
(Principal Financial Officer and Principal Accounting Officer)

EX-32

EXHIBIT 32.1

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

I, Hongxiao Zhang, hereby certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1)           the Quarterly Report on Form 10-Q of Narnia Corp. for the period ended January 31, 2012 (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 Narnia Corp.

Dated: March 13, 2012
	/s/HONGXIAO ZHANG
	President, Chief Executive Officer and Director (Principal Executive Officer)
	Narnia Corp.

A signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to Narnia Corp. and will be retained by Narnia Corp. and furnished to the Securities and Exchange Commission or its staff upon request.

EX-32

EXHIBIT 32.2

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

I, Yongfu Zhu, hereby certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1)           the Quarterly Report on Form 10-Q of Narnia Corp. for the period ended January 31, 2012 (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 Narnia Corp.

Dated: March 13, 2012
	/s/YONGFU ZHU
	Chief Financial Officer, Treasurer, Secretary and Director (Principal Financial Officer and Principal Accounting Officer)
	Narnia Corp.

A signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to Narnia Corp. and will be retained by Narnia Corp. and furnished to the Securities and Exchange Commission or its staff upon request.

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NOTE 4 - RELATED PARTY TRANSACTIONS

9 Months Ended

Jan. 31, 2012

Related Party Transactions Disclosure [Text Block]

NOTE 4 – RELATED PARTY TRANSACTIONS

As of January 31, 2012 and April 30, 2011, the Company was indebted to a current director, the current CFO, Treasurer and Secretary of the Company in the amount of $21,000 and $21,000, respectively, representing cash advances and expenses paid on behalf of the Company. The balances consist of advances that are non-interest bearing, unsecured and due on demand.

During the three months ended January 31, 2012 and 2011, the Company recognized $750 and $750, respectively, for donated rent and $1,500 and $1,500, respectively, for donated services of its principal executive. During the nine months ended January 31, 2012 and 2011, the Company recognized $2,250 and $2,250, respectively, for donated rent and $4,500 and $4,500, respectively, for donated services. These amounts were charged to operations and recorded as additional paid-in capital.

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NOTE 3 - GOING CONCERN

9 Months Ended

Jan. 31, 2012

Going Concern Note

NOTE 3 – GOING CONCERN

These financial statements have been prepared on a going concern basis, which implies the Company will continue to realize its assets and discharge its liabilities in the normal course of business. Since inception, the Company has not generated revenues and has not paid any dividends and is unlikely to either pay dividends or generate revenues in the immediate or foreseeable future. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders, the ability of the Company to obtain necessary equity financing, the Company’s success in acquiring interests in properties that have economically recoverable reserves, and the attainment of profitable operations. As of January 31, 2012, the Company has a working capital deficit, generated no revenues since inception, and has an accumulated deficit totaling $259,668 since inception. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern. These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

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Narnia Corp. - Balance Sheet (USD $)	Jan. 31, 2012	Apr. 30, 2011
Current assets
Cash	$ 298	$ 578
Prepaid expenses		3,500
Total assets	298	4,078
Current liabilities
Accounts payable and accrued liabilities	16,766	1,817
Notes payable	38,500	28,500
Advances from related party	21,000	21,000
Total liabilities	76,266	51,317
Stockholders' deficit
Preferred stock, $0.00001 par value; 100,000,000 shares authorized, none issued and outstanding	0	0
Common stock, $0.00001 par value; 400,000,000 shares authorized, 162,729,000 issued and outstanding	1,627	1,627
Additional paid-in capital	182,073	172,737
Deficit accumulated during the exploration stage	(259,668)	(221,603)
Total stockholders' deficit	(75,968)	(47,239)
Total liabilities and stockholders' deficit	$ 298	$ 4,078

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NOTE 1 - NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

9 Months Ended

Jan. 31, 2012

Nature of Operations [Text Block]

NOTE 1 – NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Narnia Corp. (the “Company”) was incorporated in the State of Nevada on January 26, 2006. The Company is an Exploration Stage Company. The Company’s principal business is the acquisition, exploration and development of mineral properties.

On December 16, 2010, the Company filed articles of merger with its wholly-owned subsidiary to change the Company’s name to China Forest Energy Corp. and filed a certificate of change with the Nevada Secretary of State to give effect to a forward split of the Company’s authorized and issued and outstanding shares of common stock on a nine (9) new for one (1) old basis. Upon effect of the forward stock split, the authorized capital increased from 100,000,000 to 900,000,000 shares of common stock and, correspondingly, the issued and outstanding increased from 2,009,000 to 18,081,000 shares of common stock, with a par value of $0.00001. The Company’s preferred stock was unaffected as a result of the forward split. The Company’s financial statements have been retroactively restated to incorporate the effect of the forward split.

On January 12, 2011, the Company entered into a share exchange agreement with Zhejiang Forest Bamboo Tec Co., Ltd. a People’s Republic of China corporation and Forest Energy Co., Ltd., a British Virgin Islands corporation. Forest Energy Co., Ltd. is the registered and beneficial owner of all of the issued and outstanding common shares of Sinoport Enterprises Limited, a British Virgin Islands corporation (“Sinoport”); Sinoport is the sole owner of all share capital of USCNHK Group Limited, a Hong Kong corporation, (“USCNHK”), and USCNHK is the owner of 95%, or 76,000,000 shares, of the share capital of Zhejiang Forest Bamboo Tec Co., Ltd. The Company has agreed to issue 15,919,000 common shares to the Forest Energy Co., Ltd.’s Shareholder as consideration for the purchase of 50,000 common shares of Zhejiang Forest Bamboo Tec Co., Ltd. Upon closing of the share exchange, Yongfu Zhu, one of the Company’s current officers and directors, will cancel 9,000,000 shares of the Company’s common stock held in his name and the Company will have no more than 25,000,000 shares of common stock issued and outstanding.  As of November 22, 2011, this share exchange agreement was terminated. There were no early termination penalties associated with the termination of the above agreement.

Effective January 25, 2012, the Company changed its name from China Forest Energy Corp. to Narnia Corp. and effected a 1:9 forward split of its issued and outstanding shares of common stock. As a result, the Company’s issued and outstanding shares of common stock increased from 18,081,000 shares of common stock to 162,729,000 shares of common stock on that date, par value of $0.00001. The Company’s financial statements have been retroactively restated to incorporate the effect of the forward split. Also effective January 25, 2012, the Company’s authorized capital decreased from 900,000,000 shares of common stock to 400,000,000 shares of common stock, par value of $0.00001.  The Company’s preferred stock will remain unchanged.

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NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

9 Months Ended

Jan. 31, 2012

Significant Accounting Policies [Text Block]

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

These financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States, and are expressed in U.S. dollars. The Company’s fiscal year-end is April 30.

Interim Financial Statements

The interim unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information and with the instructions to Securities and Exchange Commission (“SEC”) Form 10-Q. They do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. Therefore, these financial statements should be read in conjunction with the Company’s audited financial statements and notes thereto for the year ended April 30, 2011, included in the Company’s Annual Report on Form 10-K filed on August 4, 2011 with the SEC. The financial statements included herein are unaudited; however, they contain all normal recurring accruals and adjustments that, in the opinion of management, are necessary to present fairly the Company’s financial position at January 31, 2012 and atApril 30, 2011, and the results of its operations and cash flows for the nine months ended January 31, 2012 and 2011. The results of operations for the nine months ended January 31, 2012 are not necessarily indicative of the results to be expected for future quarters or the full year.

Use of Estimates

The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The Company regularly evaluates estimates and assumptions related to donated expenses and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.

Earnings (Loss) Per Share

The Company computes earnings (loss) per share (“EPS”) in accordance with Accounting Standards Codification (“ASC”) 260, "Earnings per Share". Basic EPS is computed by dividing earnings (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method for options and warrants and the if-converted method for convertible preferred stock and convertible debt. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti dilutive. In periods where losses are reported, the weighted-average number of common shares outstanding excludes common stock equivalents, because their inclusion would be anti-dilutive.  At January 31, 2012 and 2011, there were no potentially dilutive shares outstanding.

Cash and Cash Equivalents

The Company considers all highly liquid instruments with a maturity of three months or less at the time of issuance to be cash equivalents.

Foreign Currency Translation

The Company’s functional and reporting currency is the United States dollar. Occasional transactions may occur in a foreign currency. Monetary assets and liabilities denominated in foreign currencies are translated using the exchange rate prevailing at the balance sheet date. Non-monetary assets and liabilities denominated in foreign currencies are translated at rates of exchange in effect at the date of the transaction. Average monthly rates are used to translate revenues and expenses. Gains and losses arising on translation or settlement of foreign currency denominated transactions or balances are included in the determination of income. No material foreign currency transactions occurred for the periods presented in the financial statements.

Income Taxes

Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amounts expected to be realized.

Subsequent Events

The Company has evaluated subsequent events through the filing date of this Form 10-Q and has determined that there were no subsequent events to recognize or disclose in these financial statements.

Recent Accounting Pronouncements

The Company does not expect the adoption of any other recently issued accounting pronouncements to have a significant effect on its financial position or results of operations.

XML

Narnia Corp. - Balance Sheet (Parentheticals) (USD $)	Jan. 31, 2012	Apr. 30, 2011
Preferred stock, $0.00001 par value (in Dollars per share)	$ 0.00001	$ 0.00001
Preferred stock, shares authorized	100,000,000	100,000,000
Preferred stock, issued	0	0
Preferred stock, outstanding	0	0
Common stock, $0.00001 par value (in Dollars per share)	$ 0.00001	$ 0.00001
Common stock,400,000,000 shares authorized	400,000,000	400,000,000
Common stock, 162,729,000 issued	162,729,000	162,729,000
Common stock, 162,729,000 outstanding	162,729,000	162,729,000

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Document And Entity Information	9 Months Ended
	Jan. 31, 2012	Mar. 13, 2012
Document and Entity Information [Abstract]
Entity Registrant Name	Narnia Corp.
Document Type	10-Q
Current Fiscal Year End Date	--04-30
Entity Common Stock, Shares Outstanding		162,729,000
Amendment Flag	false
Entity Central Index Key	0001371310
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Jan. 31, 2012
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q3

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Narnia Corp. - Statement of Operations (USD $)	3 Months Ended		9 Months Ended		72 Months Ended
	Jan. 31, 2012	Jan. 31, 2011	Jan. 31, 2012	Jan. 31, 2011	Jan. 31, 2012
Operating expenses:
General and administrative	$ 14,579	$ 10,034	$ 35,479	$ 20,602	$ 252,932
Impairment of mineral property costs					3,500
Operating loss	(14,579)	(10,034)	(35,479)	(20,602)	(256,432)
Interest expense	970		2,586		3,236
Net loss	$ (15,549)	$ (10,034)	$ (38,065)	$ (20,602)	$ (259,668)
Net loss per share - basic and diluted (in Dollars per share)	$ 0.00	$ 0.00	$ 0.00	$ 0.00
- basic and diluted (in Shares)	162,729,000	162,729,000	162,729,000	162,729,000	162,729,000

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Narnia Corp. - Statements of Cash Flows (USD $)	9 Months Ended		72 Months Ended
	Jan. 31, 2012	Jan. 31, 2011	Jan. 31, 2012
Cash Flows from Operating Activities
Net loss	$ (38,065)	$ (20,602)	$ (259,668)
Adjustments to reconcile net loss to net cash used in operating activities:
- Impairment of mineral property costs			3,500
- Donated services	4,500	4,500	36,000
- Donated rent	2,250	2,250	18,000
- Imputed interest	2,586		3,236
Changes in operating assets and liabilities:
- Prepaid expenses	3,500	(7,000)
- Accounts payable and accrued liabilities	14,949	1,005	16,766
Net cash used in operating activities	(10,280)	(19,847)	(182,166)
Cash Flows from Investing Activities
Purchase of mineral property			(3,500)
Net cash used in investing activities			(3,500)
Cash Flows from Financing Activities
Advances from related party		23,565	46,554
Proceeds from notes payable	10,000		38,500
Proceeds from sales of common stock			100,910
Net cash provided by financing activities	10,000	23,565	185,964
Net increase (decrease) in cash	(280)	3,718	298
Cash, beginning of period	578	1,982
Cash, end of period	298	5,700	298
Non-cash investing and financing activities:
Capital contribution of shareholder loan	$ 25,554		$ 25,554

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NOTE 5 - NOTE PAYABLE

9 Months Ended

Jan. 31, 2012

Debt Disclosure [Text Block]

NOTE 5 – NOTE PAYABLE

On December 20, 2010, the Company obtained a loan with a principal balance $16,565 from an unrelated party. The loan is non-interest bearing, unsecured and due on demand.

On April 1, 2011, the Company obtained a loan with a principal balance of $4,500 from an unrelated party. The loan is non-interest bearing, unsecured and due on demand.

On April 13, 2011, the Company obtained a loan with a principal balance of $4,435 from an unrelated party. The loan is non-interest bearing, unsecured and due on demand.

On April 30, 2011, the Company obtained a loan with a principal balance of $3,000 from an unrelated party. The loan is non-interest bearing, unsecured and due on demand.

On August 15, 2011, the Company obtained a loan with a principal balance of $5,000 from an unrelated party. The loan is non-interest bearing, unsecured and due on demand.

On September 9, 2011, the Company obtained a loan with a principal balance of $5,000 from an unrelated party. The loan is non-interest bearing, unsecured and due on demand.

As of January 31, 2012 and April 30, 2011, the Company had non-interest bearing loans totaling $38,500 and $28,500, respectively. These loans are unsecured and due on demand. During the three months ended January 31, 2012, the Company recorded imputed interest in the amount of $970 on these non-interest bearing loans and recorded as additional paid-in capital.  During the nine months ended January 31, 2012, the Company recorded imputed interest in the amount of $2,586 on these non-interest bearing loans and recorded as additional paid-in capital.