Zhanling International (ZLME) 10-K 25 Apr 17 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Jan. 31, 2017	Apr. 09, 2012
Document And Entity Information
Entity Registrant Name	Odenza Corp.
Entity Central Index Key	1,489,300
Document Type	10-K
Document Period End Date	Jan. 31, 2017
Amendment Flag	false
Current Fiscal Year End Date	--01-31
Entity a Well-known Seasoned Issuer	No
Entity a Voluntary Filer	No
Entity's Reporting Status Current	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float		$ 1,281,000
Entity Common Stock, Shares Outstanding	3,660,000
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,017

Balance Sheets

Balance Sheets - USD ($)	Jan. 31, 2017	Jan. 31, 2016
Current assets
Cash
Total assets	0	0
Current liabilities
Accounts payable and accrued liabilities	6,225	13,541
Due to related party	140,744	115,123
Total liabilities	146,969	128,664
STOCKHOLDERS' EQUITY(DEFICIT)
Common stock Authorized: 75,000,000 common shares with a par value of $0.001 Issued and outstanding: 3,660,000 common shares	3,660	3,660
Additional paid in capital	27,840	27,840
Deficit accumulated during the exploration stage	(178,469)	(160,164)
Total stockholders' deficit	(146,969)	(128,664)
Total liabilities and stockholders' deficit	$ 0	$ 0

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - $ / shares	Jan. 31, 2017	Jan. 31, 2016
Statement of Financial Position [Abstract]
Common stock, shares authorized	75,000,000	75,000,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares issued	3,660,000	3,660,000
Common stock, shares outstanding	3,660,000	3,660,000

Statement of Income

Statement of Income - USD ($)	12 Months Ended		91 Months Ended
	Jan. 31, 2017	Jan. 31, 2016	Jan. 31, 2017
Income Statement [Abstract]
Office and general expenses	$ 8,305	$ 6,138	$ 56,316
Professional fees	10,000	10,000	117,563
Mining costs			4,590
Net loss	$ 18,305	$ 16,368	$ 178,469
Basic and diluted net loss per share	$ 0	$ 0
Weighted average number of shares outstanding	3,660,000	3,660,000

Statements of Stockholders' Equ

Statements of Stockholders' Equity - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Deficit Accumulated During Development Stage [Member]	Total
Balance at Jul. 15, 2009
Balance, shares at Jul. 15, 2009
Common stock issued for cash at $0.001 per share	$ 2,500			2,500
Common stock issued for cash at $0.001 per share, shares	2,500,000
Common stock issued for cash at $0.025 per share	$ 1,160	27,840		29,000
Common stock issued for cash at $0.025 per share, shares	1,160,000
Net loss			(8,058)	(8,058)
Balance at Jan. 31, 2010	$ 3,660	27,840	(8,058)	23,442
Balance, shares at Jan. 31, 2010	3,660,000
Balance at Jul. 15, 2009
Balance, shares at Jul. 15, 2009
Net loss				(178,469)
Balance at Jan. 31, 2017	$ 3,660	27,840	(178,469)	(146,969)
Balance, shares at Jan. 31, 2017	3,660,000
Balance at Jan. 31, 2010	$ 3,660	27,840	(8,058)	23,442
Balance, shares at Jan. 31, 2010	3,660,000
Common stock issued for cash at $0.001 per share
Common stock issued for cash at $0.001 per share, shares
Common stock issued for cash at $0.025 per share
Common stock issued for cash at $0.025 per share, shares
Net loss			(25,375)	(25,375)
Balance at Jan. 31, 2011	$ 3,660	27,840	(33,433)	(1,933)
Balance, shares at Jan. 31, 2011	3,660,000
Common stock issued for cash at $0.001 per share
Common stock issued for cash at $0.001 per share, shares
Common stock issued for cash at $0.025 per share
Common stock issued for cash at $0.025 per share, shares
Net loss			(45,121)	(45,121)
Balance at Jan. 31, 2012	$ 3,660	27,840	(78,554)	(47,054)
Balance, shares at Jan. 31, 2012	3,660,000
Common stock issued for cash at $0.001 per share
Common stock issued for cash at $0.001 per share, shares
Common stock issued for cash at $0.025 per share
Common stock issued for cash at $0.025 per share, shares
Net loss			(26,465)	(26,465)
Balance at Jan. 31, 2013	$ 3,660	27,840	(105,019)	(73,519)
Balance, shares at Jan. 31, 2013	3,660,000
Common stock issued for cash at $0.001 per share
Common stock issued for cash at $0.001 per share, shares
Common stock issued for cash at $0.025 per share
Common stock issued for cash at $0.025 per share, shares
Net loss			(23,669)	(23,669)
Balance at Jan. 31, 2014	$ 3,660	27,840	(128,688)	(97,188)
Balance, shares at Jan. 31, 2014	3,660,000
Common stock issued for cash at $0.001 per share
Common stock issued for cash at $0.001 per share, shares
Common stock issued for cash at $0.025 per share
Common stock issued for cash at $0.025 per share, shares
Net loss			(15,338)	(15,338)
Balance at Jan. 31, 2015	$ 3,660	27,840	(144,026)	(112,526)
Balance, shares at Jan. 31, 2015	3,660,000
Common stock issued for cash at $0.001 per share
Common stock issued for cash at $0.001 per share, shares
Common stock issued for cash at $0.025 per share
Common stock issued for cash at $0.025 per share, shares
Net loss			(16,368)	(16,368)
Balance at Jan. 31, 2016	$ 3,660	27,840	(160,164)	(128,664)
Balance, shares at Jan. 31, 2016	3,660,000
Common stock issued for cash at $0.001 per share
Common stock issued for cash at $0.001 per share, shares
Common stock issued for cash at $0.025 per share
Common stock issued for cash at $0.025 per share, shares
Net loss			(18,305)	(18,305)
Balance at Jan. 31, 2017	$ 3,660	$ 27,840	$ (178,469)	$ (146,969)
Balance, shares at Jan. 31, 2017	3,660,000

Statements of Stockholders' Eq6

Statements of Stockholders' Equity (Parenthetical)	Jan. 31, 2010$ / shares
Share Price One [Member]
Share price	$ 0.001
Share Price Two [Member]
Share price	$ 0.025

Statements of Cash Flows

Statements of Cash Flows - USD ($)	12 Months Ended		91 Months Ended
	Jan. 31, 2017	Jan. 31, 2016	Jan. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (18,305)	$ (16,368)	$ (178,469)
Changes in:
Accounts payable and accrued liabilities	(7,316)	6,642	6,225
NET CASH FROM/(USED IN) OPERATING ACTIVITIES	(25,621)	9,497	(172,244)
CASH FLOWS FROM FINANCING ACTIVITIES
Due to related party	25,621	9,496	140,744
Proceeds from sale of common stock			31,500
NET CASH PROVIDED BY FINANCING ACTIVITIES	25,621	9,496	172,244
NET (DECREASE)/INCREASE IN CASH
CASH, BEGINNING OF PERIOD
CASH, END OF PERIOD
Supplemental cash flow information:
Interest paid
Income taxes paid

Nature of Operations

Nature of Operations	12 Months Ended
	Jan. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations	1. NATURE OF OPERATIONS The Company was incorporated in the State of Nevada on July 16, 2009 and its year-end is January 31. The Company is an exploration stage company and is currently seeking new business opportunities. Going concern These financial statements have been prepared on a going concern basis. The Company has incurred losses since inception resulting in an accumulated deficit of $178,469 at January 31, 2017 and further losses are anticipated in the development of its business raising substantial doubt about the Company’s ability to continue as a going concern. Its ability to continue as a going concern is dependent upon the ability of the Company to generate profitable operations in the future and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management has plans to seek additional capital through a private placement of its common stock or further director loans as needed. These financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might be necessary in the event the Company cannot continue.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Jan. 31, 2017
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of presentation These financial statements are presented in United States dollars and have been prepared in accordance with United States generally accepted accounting principles. Use of estimates and assumptions The preparation of financial statements in conformity with 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. 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 readily apparent from other sources. The actual results experienced by the Company may differ materially from the Company’s estimates. To the extent there are material differences, future results may be affected. Estimates used in preparing these financial statements include the carrying value of the equipment, deferred income tax amounts, rates and timing of the reversal of income tax differences. Mineral property costs The Company has been in the exploration stage since its formation on July 16, 2009 and has not yet realized any revenues from its planned operations. It is primarily engaged in the acquisition and exploration of mining properties. Mineral property acquisition and exploration costs are charged to operations as incurred. When it has been determined that a mineral property can be economically developed as a result of establishing proven and probable reserves, the costs incurred to develop such property, are capitalized. Such costs will be amortized using the units-of-production method over the estimated life of the probable reserve. Loss per common share Basic earnings per share includes no dilution and is computed by dividing income available to common stockholders by the weighted average number of common shares outstanding for the period. Dilutive earnings per share reflect the potential dilution of securities that could share in the earnings of the Company. Because the Company does not have any potentially dilutive securities, diluted loss per share is equal to the basic loss per share. Comprehensive Loss For all periods presented, the Company has no items that represent a comprehensive loss and, therefore, has not included a statement of comprehensive loss in these financial statements. Financial instruments The fair value of the Company’s financial instruments consisting of cash, accounts payable, and amounts due to related party approximate their carrying values due to the immediate or short-term maturity of these financial instruments. The Company operates in Malaysia and therefore is exposed to foreign exchange risk. It is the management’s opinion that the Company is not exposed to significant interest or credit risks arising from these financial instruments. Income taxes Deferred income taxes are provided for tax effects of temporary differences between the tax basis of asset and liabilities and their reported amounts in the financial statements. The Company uses the liability method to account for income taxes, which requires deferred taxes to be recorded at the statutory rate expected to being in effect when the taxes are paid. Valuation allowances are provided for a deferred tax asset when it is more likely than not that such asset will not be realized. Management evaluates tax positions taken or expected to be taken in a tax return. The evaluation of a tax position includes a determination of whether a tax position should be recognized in the financial statements, and such a position should only be recognized if the Company determines that it is more likely than not that the tax position will be sustained upon examination by the tax authorities, based upon the technical merits of the position. For those tax positions that should be recognized, the measurement of a tax position is determined as being the largest amount of benefit that is greater than fifty percent likely of being realized upon ultimate settlement. Stock-based compensation The Company has not adopted a stock option plan and therefore has not granted any stock options. Accordingly, no stock- based compensation has been recorded to date. Foreign Currency Translation Foreign denominated monetary assets and liabilities are translated to their United States dollar equivalents using foreign exchange rates which prevailed at the balance sheet date. Expenses are translated at average rates of exchange during the period. Related translation adjustments are reported as a separate component of stockholders’ equity, whereas gains or losses resulting from foreign currency transactions are included in the results of operations. Recent Accounting Pronouncements The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and 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.

Mineral Property

Mineral Property	12 Months Ended
	Jan. 31, 2017
Extractive Industries [Abstract]
Mineral Property	3. MINERAL PROPERTY On September 25, 2009 the Company entered into an Option Agreement to acquire a 100% undivided legal, beneficial and register-able interest in Prospecting License P21/709 of approximately 140 hectares located in the Murchison Mineral field in Western Australia and known as the Island Project Lake Austin. The option period is for two years from effective date. The Company negotiated a one year extension of the option at no charge which was expired on September 25, 2012. The Company did not negotiate any extension of the option and consequently the option has expired and become ineffective.

Due To Related Party

Due To Related Party	12 Months Ended
	Jan. 31, 2017
Related Party Transactions [Abstract]
Due To Related Party	4. DUE TO RELATED PARTY As of January 31, 2017, the Company owed $140,744 to the President, Chief Executive Officer, Secretary and Chairman of the Board of Directors of the Company for funds advanced. The amounts are unsecured, bear no interest and are payable on demand.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Jan. 31, 2017
Related Party Transactions [Abstract]
Related Party Transactions	5. RELATED PARTY TRANSACTIONS 2017 2016 Related Party A: - XBRL filing fees $ - $ 3,800 Related Party B: - stock certificate storage and registrar services $ 2,880 $ - - renewal of annual list and business license 2,200 - Related party A is a subsidiary of a Greenpro Capital Corp, which the company’s Chief Financial Officer, Treasurer, and Director, C.K. Lee, who resigned on April, 29 2016 and former Director, Gilbert Loke who resigned on May 28, 2015, were the President, Chief Executive Officer, Director and Chief Financial Officer, Secretary, Treasurer, Director respectively, of Greenpro Capital Corp. Related party B is a party which the Company’s former Chief Financial Officer, Treasurer, and Director, C.K. Lee who resigned on April 29, 2016, is the Director of related party B.

Income Taxes

Income Taxes	12 Months Ended
	Jan. 31, 2017
Income Tax Disclosure [Abstract]
Income Taxes	6. INCOME TAXES As of January 31, 2017, the Company has estimated tax loss carry forwards for tax purpose of approximately $160,164, which expire by 2031. These amounts may be applied against future taxable income. Future tax benefits which may arise as a result of these losses have not been recognized in these financial statements, as their realization has not been determined to be more likely than not to occur. The actual income tax provisions differ from the expected amounts calculated by applying the statutory income tax rate to the Company’s loss before income taxes. The components of these differences are as follows: 2017 2016 Loss before income tax $ 18,305 $ 16,138 Statutory tax rate 34 % 34 % Expected recovery of income taxes at standard rates 6,223 5,487 Change in valuation allowance (6,223 ) (5,487 ) Income tax provision $ - $ - Components of deferred tax asset: Non-capital tax loss carry forwards $ 60,678 $ 54,455 Less: valuation allowance (60,678 ) (54,455 ) Net deferred tax asset $ - $ - The Company has not filed income tax returns since inception in the United States. Both taxing authorities prescribe penalties for failing to file certain tax returns and supplemental disclosure. Upon filing there could be penalties and interest assessed. Such penalties vary by jurisdiction and by assessing practices and authorities. As the Company has incurred losses since inception there would be no known or anticipated exposure to penalties for income tax liability. However, certain jurisdictions may assess penalties for failing to file returns and other disclosures and for failing to file other supplemental information associated with foreign ownership, debt and equity position. Inherent uncertainties arise over tax positions taken with respect to transfer pricing, related party transactions, tax credits, tax based incentives and stock based transactions. Management has considered the likelihood and significance of possible penalties associated with its current and intended filing positions and has determined, based on their assessment, that such penalties, if any, would not be expected to be material.

Subsequent Events

Subsequent Events	12 Months Ended
	Jan. 31, 2017
Subsequent Events [Abstract]
Subsequent Events	7. SUBSEQUENT EVENTS In accordance with ASC 855, Subsequent Events, the Company has evaluated subsequent events through the date of issuance of the audited financial statements, and determined that there were no subsequent events or transactions that require recognition or disclosure in the financial statements.

Summary of Significant Accoun15

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Jan. 31, 2017
Accounting Policies [Abstract]
Basis of Presentation	Basis of presentation These financial statements are presented in United States dollars and have been prepared in accordance with United States generally accepted accounting principles.
Use of Estimates and Assumptions	Use of estimates and assumptions The preparation of financial statements in conformity with 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. 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 readily apparent from other sources. The actual results experienced by the Company may differ materially from the Company’s estimates. To the extent there are material differences, future results may be affected. Estimates used in preparing these financial statements include the carrying value of the equipment, deferred income tax amounts, rates and timing of the reversal of income tax differences.
Mineral Property Costs	Mineral property costs The Company has been in the exploration stage since its formation on July 16, 2009 and has not yet realized any revenues from its planned operations. It is primarily engaged in the acquisition and exploration of mining properties. Mineral property acquisition and exploration costs are charged to operations as incurred. When it has been determined that a mineral property can be economically developed as a result of establishing proven and probable reserves, the costs incurred to develop such property, are capitalized. Such costs will be amortized using the units-of-production method over the estimated life of the probable reserve.
Loss Per Common Share	Loss per common share Basic earnings per share includes no dilution and is computed by dividing income available to common stockholders by the weighted average number of common shares outstanding for the period. Dilutive earnings per share reflect the potential dilution of securities that could share in the earnings of the Company. Because the Company does not have any potentially dilutive securities, diluted loss per share is equal to the basic loss per share.
Comprehensive Loss	Comprehensive Loss For all periods presented, the Company has no items that represent a comprehensive loss and, therefore, has not included a statement of comprehensive loss in these financial statements.
Financial Instruments	Financial instruments The fair value of the Company’s financial instruments consisting of cash, accounts payable, and amounts due to related party approximate their carrying values due to the immediate or short-term maturity of these financial instruments. The Company operates in Malaysia and therefore is exposed to foreign exchange risk. It is the management’s opinion that the Company is not exposed to significant interest or credit risks arising from these financial instruments.
Income Taxes	Income taxes Deferred income taxes are provided for tax effects of temporary differences between the tax basis of asset and liabilities and their reported amounts in the financial statements. The Company uses the liability method to account for income taxes, which requires deferred taxes to be recorded at the statutory rate expected to being in effect when the taxes are paid. Valuation allowances are provided for a deferred tax asset when it is more likely than not that such asset will not be realized. Management evaluates tax positions taken or expected to be taken in a tax return. The evaluation of a tax position includes a determination of whether a tax position should be recognized in the financial statements, and such a position should only be recognized if the Company determines that it is more likely than not that the tax position will be sustained upon examination by the tax authorities, based upon the technical merits of the position. For those tax positions that should be recognized, the measurement of a tax position is determined as being the largest amount of benefit that is greater than fifty percent likely of being realized upon ultimate settlement.
Stock-based Compensation	Stock-based compensation The Company has not adopted a stock option plan and therefore has not granted any stock options. Accordingly, no stock- based compensation has been recorded to date.
Foreign Currency Translation	Foreign Currency Translation Foreign denominated monetary assets and liabilities are translated to their United States dollar equivalents using foreign exchange rates which prevailed at the balance sheet date. Expenses are translated at average rates of exchange during the period. Related translation adjustments are reported as a separate component of stockholders’ equity, whereas gains or losses resulting from foreign currency transactions are included in the results of operations.
Recent Accounting Pronouncements	Recent Accounting Pronouncements The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and 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 (Tab

Related Party Transactions (Tables)	12 Months Ended
	Jan. 31, 2017
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	2017 2016 Related Party A: - XBRL filing fees $ - $ 3,800 Related Party B: - stock certificate storage and registrar services $ 2,880 $ - - renewal of annual list and business license 2,200 -

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Jan. 31, 2017
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax	The components of these differences are as follows: 2017 2016 Loss before income tax $ 18,305 $ 16,138 Statutory tax rate 34 % 34 % Expected recovery of income taxes at standard rates 6,223 5,487 Change in valuation allowance (6,223 ) (5,487 ) Income tax provision $ - $ - Components of deferred tax asset: Non-capital tax loss carry forwards $ 60,678 $ 54,455 Less: valuation allowance (60,678 ) (54,455 ) Net deferred tax asset $ - $ -

Nature of Operations (Details N

Nature of Operations (Details Narrative) - USD ($)	Jan. 31, 2017	Jan. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accumulated deficit	$ 178,469	$ 160,164

Mineral Property (Details Narra

Mineral Property (Details Narrative) - Option Agreement [Member]	Sep. 25, 2009USD ($)ha
Ownership percentage	100.00%
Area of mineral property to be acquired | ha	140
Option term	2 years
Option period extension tenure	1 year
Cost of option period extension | $	$ 0

Due To Related Party (Details N

Due To Related Party (Details Narrative) - USD ($)	Jan. 31, 2017	Jan. 31, 2016
Due to related party	$ 140,744	$ 115,123
President, Chief Executive Officer, Secretary and Chairman [Member]
Due to related party	$ 140,744

Related Party Transactions - Sc

Related Party Transactions - Schedule of Related Party Transactions (Details) - USD ($)	12 Months Ended
	Jan. 31, 2017	Jan. 31, 2016
Related Party A [Member]
XBRL filing fees		$ 3,800
Related Party B [Member]
Stock certificate storage and registrar services	2,880
Renewal of annual list and business license	$ 2,200

Income Taxes (Details Narrative

Income Taxes (Details Narrative)	12 Months Ended
	Jan. 31, 2017USD ($)
Income Tax Disclosure [Abstract]
Operating loss carryforward	$ 160,164
Income tax expire year, description	expire by 2031

Income Taxes - Schedule of Comp

Income Taxes - Schedule of Components of Income Tax (Details) - USD ($)	12 Months Ended
	Jan. 31, 2017	Jan. 31, 2016
Income Tax Disclosure [Abstract]
Loss before income tax	$ 18,305	$ 16,138
Statutory tax rate	34.00%	34.00%
Expected recovery of income taxes at standard rates	$ 6,223	$ 5,487
Change in valuation allowance	(6,223)	(5,487)
Income tax provision
Non-capital tax loss carry forwards	60,678	54,455
Less: valuation allowance	(60,678)	(54,455)
Net deferred tax asset