Zhanling International (ZLME) 10-K 27 Apr 15 2015 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Jan. 31, 2015	Apr. 09, 2012
Document and Entity Information
Entity Registrant Name	Odenza Corp.
Entity Central Index Key	1489300
Document Type	10-K
Document Period End Date	31-Jan-15
Amendment Flag	FALSE
Current Fiscal Year End Date	-30
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float		$1,281,000
Entity Common Stock, Shares Outstanding	3,660,000
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	FY

BALANCE_SHEETS

BALANCE SHEETS (USD $)	Jan. 31, 2015	Jan. 31, 2014
Current assets
Cash
Total assets
Current liabilities
Accounts payable and accrued liabilities	6,899	12,956
Other payables
Due to related party	105,627	84,232
Total liabilities	112,526	97,188
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	-144,026	-128,688
Total stockholders' equity (deficit)	-112,526	-97,188
Total liabilities and stockholders' equity (deficit)

BALANCE_SHEETS_Parenthetical

BALANCE SHEETS (Parenthetical) (USD $)	Jan. 31, 2015	Jan. 31, 2014
BALANCE SHEETS
Common stock, shares authorized	75,000,000	75,000,000
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares issued	3,660,000	3,660,000
Common stock, shares outstanding	3,660,000	3,660,000

STATEMENTS_OF_OPERATIONS

STATEMENTS OF OPERATIONS (USD $)	12 Months Ended		66 Months Ended
	Jan. 31, 2015	Jan. 31, 2014	Jan. 31, 2015
STATEMENTS OF OPERATIONS
Office and general expenses	$5,338	$13,069	$41,873
Professional fees	10,000	10,600	97,563
Mining costs			4,590
Net loss	$15,338	$23,669	$144,026
Basic and diluted net loss per share (in dollars per share)	$0	$0
Weighted average number of shares outstanding (in shares)	3,660,000	3,660,000

STATEMENTS_OF_STOCKHOLDERS_EQU

STATEMENTS OF STOCKHOLDERS' EQUITY (USD $)	Total	Share price $0.001	Share price $0.025	Common Stock	Common Stock	Common Stock	Additional Paid-in Capital	Additional Paid-in Capital	Deficit Accumulated During Development Stage
					Share price $0.001	Share price $0.025		Share price $0.025
Balance at Jul. 16, 2009
Balance (in shares) at Jul. 16, 2009
Increase (Decrease) in Stockholders' Equity
Common stock issued for cash (in shares)					2,500,000	1,160,000
Common stock issued for cash		2,500	29,000		2,500	1,160		27,840
Net loss	-8,058								-8,058
Balance at Jan. 31, 2010	23,442			3,660			27,840		-8,058
Balance (in shares) at Jan. 31, 2010				3,660,000
Increase (Decrease) in Stockholders' Equity
Net loss	-25,375								-25,375
Balance at Jan. 31, 2011	-1,933			3,660			27,840		-33,433
Balance (in shares) at Jan. 31, 2011				3,660,000
Increase (Decrease) in Stockholders' Equity
Net loss	-45,121								-45,121
Balance at Jan. 31, 2012	-47,054			3,660			27,840		-78,554
Balance (in shares) at Jan. 31, 2012				3,660,000
Increase (Decrease) in Stockholders' Equity
Net loss	-26,465								-26,465
Balance at Jan. 31, 2013	-73,519			3,660			27,840		-105,019
Balance (in shares) at Jan. 31, 2013				3,660,000
Increase (Decrease) in Stockholders' Equity
Net loss	-23,669								-23,669
Balance at Jan. 31, 2014	-97,188			3,660			27,840		-128,688
Balance (in shares) at Jan. 31, 2014				3,660,000
Increase (Decrease) in Stockholders' Equity
Net loss	-15,338								-15,338
Balance at Jan. 31, 2015	($112,526)			$3,660			$27,840		($144,026)
Balance (in shares) at Jan. 31, 2015				3,660,000

STATEMENTS_OF_STOCKHOLDERS_EQU1

STATEMENTS OF STOCKHOLDERS' EQUITY (Parenthetical) (USD $)	Jan. 31, 2010
Share price $0.001
Common stock issued for cash (in dollars per share)	$0.00
Share price $0.025
Common stock issued for cash (in dollars per share)	$0.03

STATEMENTS_OF_CASH_FLOWS

STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended		66 Months Ended
	Jan. 31, 2015	Jan. 31, 2014	Jan. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	($15,338)	($23,669)	($144,026)
Changes in:
Accounts payable and accrued liabilities	-6,057	2,953	10,003
Other payable		-63,516	63,516
NET CASH USED IN OPERATING ACTIVITIES	-6,057	-84,232	-31,500
CASH FLOWS FROM FINANCING ACTIVITIES
Due to related party	21,395	84,232
Proceeds from sale of common stock			31,500
NET CASH PROVIDED BY FINANCING ACTIVITIES	21,395	84,232
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, 2015
NATURE OF OPERATIONS
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 $144,026 at January 31, 2015 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_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Jan. 31, 2015
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
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, 2015
MINERAL PROPERTY
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, 2015
DUE TO RELATED PARTY
DUE TO RELATED PARTY	4. DUE TO RELATED PARTY
	As of January 31, 2015, the Company owed $ 105,627 to the President, Chief Executive Officer, Secretary and Director of the Company for funds advanced. This amount is unsecured, bears no interest and is payable on demand.

INCOME_TAXES

INCOME TAXES	12 Months Ended
	Jan. 31, 2015
INCOME TAXES
INCOME TAXES	5. INCOME TAXES
	As of January 31, 2015, the Company has estimated tax loss carry forwards for tax purpose of approximately $144,026, 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:
			2015			2014
	Loss before income tax	$	15,338		$	23,669
	Statutory tax rate		34	%		34	%
	Expected recovery of income taxes at standard rates		5,215			8,047
	Change in valuation allowance		(5,215	)		(8,047	)
	Income tax provision	$	-		$	-
	Components of deferred tax asset:
	Non-capital tax loss carry forwards	$	48,968		$	43,753
	Less: valuation allowance		-48,968			-43,753
	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 an 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, 2015
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	6. 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.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Jan. 31, 2015
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
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.

INCOME_TAXES_Tables

INCOME TAXES (Tables)	12 Months Ended
	Jan. 31, 2015
INCOME TAXES
Schedule of components of income tax differences	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:
			2015			2014
	Loss before income tax	$	15,338		$	23,669
	Statutory tax rate		34	%		34	%
	Expected recovery of income taxes at standard rates		5,215			8,047
	Change in valuation allowance		(5,215	)		(8,047	)
	Income tax provision	$	-		$	-
	Components of deferred tax asset:
	Non-capital tax loss carry forwards	$	48,968		$	43,753
	Less: valuation allowance		-48,968			-43,753
	Net deferred tax asset	$	-		$	-

NATURE_OF_OPERATIONS_Details

NATURE OF OPERATIONS (Details) (USD $)	Jan. 31, 2015	Jan. 31, 2014
NATURE OF OPERATIONS
Accumulated deficit	$144,026	$128,688

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)	12 Months Ended
	Jan. 31, 2015
Stock-based compensation
Stock-based compensation	$0

MINERAL_PROPERTY_Details

MINERAL PROPERTY (Details) (USD $)	0 Months Ended
	Sep. 25, 2009
	ha
MINERAL PROPERTY
Percentage of ownership interest to be acquired under Option Agreement in Prospecting License P21/709	100.00%
Area of mineral property to be acquired (in hectares)	140
Option period	2 years
Option period extension tenure	1 year
Cost of option period extension	$0

DUE_TO_RELATED_PARTY_Details

DUE TO RELATED PARTY (Details) (President, Chief Executive Officer, Secretary and Director, USD $)	12 Months Ended
	Jan. 31, 2015
President, Chief Executive Officer, Secretary and Director
Due to related party
Due to related party	$105,627
Interest on dues to related party	$0

INCOME_TAXES_Details

INCOME TAXES (Details) (USD $)	6 Months Ended	12 Months Ended					66 Months Ended
	Jan. 31, 2010	Jan. 31, 2015	Jan. 31, 2014	Jan. 31, 2013	Jan. 31, 2012	Jan. 31, 2011	Jan. 31, 2015
INCOME TAXES
Estimated tax loss carry forwards for tax purpose		$144,026					$144,026
Components of difference between actual income tax provisions and expected amounts calculated by applying statutory income tax rate to loss before income taxes
Loss before income tax	8,058	15,338	23,669	26,465	45,121	25,375	144,026
Statutory tax rate (as a percent)		34.00%	34.00%
Expected recovery of income taxes at standard rates		5,215	8,047
Change in valuation allowance		-5,215	-8,047
Income tax provision
Components of deferred tax asset:
Non-capital tax loss carry forwards		48,968	43,753				48,968
Less: valuation allowance		-48,968	-43,753				-48,968
Net deferred tax asset