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REGISTERED NUMBER: 04609346 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

R K R MINING LIMITED

R K R MINING LIMITED (REGISTERED NUMBER: 04609346)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


R K R MINING LIMITED

COMPANY INFORMATION
for the Year Ended 29 February 2024







DIRECTORS: Ms M Cloete
M E Sumner





SECRETARY: Ms M Cloete





REGISTERED OFFICE: 9 - 15 Queens Gate Mews
London
SW7 5BG





REGISTERED NUMBER: 04609346 (England and Wales)





AUDITORS: HBB Audit Limited
Statutory Auditors
Bridge House
25 Fiddlebridge Lane
Hatfield
Hertfordshire
AL10 0SP

R K R MINING LIMITED (REGISTERED NUMBER: 04609346)

BALANCE SHEET
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1 1

CURRENT ASSETS
Debtors 5 80,490 80,490
NET CURRENT ASSETS 80,490 80,490
TOTAL ASSETS LESS CURRENT
LIABILITIES

80,491

80,491

CAPITAL AND RESERVES
Called up share capital 1,190 1,190
Share premium 139,411 139,411
Retained earnings (60,110 ) (60,110 )
SHAREHOLDERS' FUNDS 80,491 80,491

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 November 2024 and were signed on its behalf by:





Ms M Cloete - Director


R K R MINING LIMITED (REGISTERED NUMBER: 04609346)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

R K R Mining Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The accounts have been prepared on a going concern basis which presumes the continued support of the parent company. The directors have been assured that this support will be ongoing.

Preparation of consolidated financial statements
The financial statements contain information about R K R Mining Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 401 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, Ivanhoe Mines Limited, Suite 606-999 Canada Place, Vancouver, British Columbia, Canada V6C 3E1.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

R K R MINING LIMITED (REGISTERED NUMBER: 04609346)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29 February 2024

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 March 2023
and 29 February 2024 1
NET BOOK VALUE
At 29 February 2024 1
At 28 February 2023 1

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Amounts owed by group undertakings 80,490 80,490

All of the loans to Kico Services Proprietary Limited are interest free and unsecured. The company has deferred the repayment of this loan but has reserved the right to request the payment on demand.

6. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Paul Skipper BSc FCA (Senior Statutory Auditor)
for and on behalf of HBB Audit Limited

7. ULTIMATE CONTROLLING PARTY

In the opinion of the directors, the ultimate parent company is Ivanhoe Mines Limited which is incorporated in
Canada and which holds 100% of the issued shares.

As at the year end, the largest and smallest group in which the results of the company were consolidated was headed by Ivanhoe Mines Limited. No other group financial statements include the results of the company.

The accounts for Ivanhoe Mines Limited can be obtained from its website (ivanhoemines.com).