UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549  FORM 10-Q  X QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITES EXCHANGE ACT OF 1934 For the quarter period ended January 31, 2015  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE EXCHANGE ACT OF 1934 For the transition period form   to  Commission File number     333-172825


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|MONARCHY VENTURES, INC.                               
|(Exact name of registrant as specified in its charter)




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|Nevada                                                         | 46-0525633                          
|(State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.)




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|Calle urique número 5, Colonia Fuentes de Bellavista, c.p. 33880
Hidalgo del Parral, Chihuahua, Mexico
|(Address of principal executive offices)                                                              




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|702-722-1003                   
|(Registrants telephone number)




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|N/A                                                                               
|(Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 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 past 90 days. Yes X No  Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a small reporting company. See definition of large accelerated filer, accelerated filer and small reporting company Rule 12b-2 of the Exchange Act.  Large accelerated filer.Accelerated filer.Non-accelerated filer. (Do not check if a smaller reporting company)Smaller reporting companyX.  Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act) Yes  No X APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PROCEDING FIVE YEARS  Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 after the distribution of securities subsequent to the distribution of securities under a plan confirmed by a court. Yes  No APPLICABLE ONLY TO CORPORATE ISSUERS:  Indicate the number of shares outstanding of each of the issuers classes of common stock, as of May 15, 2015:   56,937,187    Page
NumberPART 1.FINANCIAL INFORMATION3ITEM 1.Financial Statements3ITEM 2.Managements Discussion and Analysis of Financial Condition and Results of Operations9ITEM 3.Quantitative and Qualitative Disclosures About Market Risk.11ITEM 4.Controls and Procedures.11PART 11.OTHER INFORMATION12ITEM 1.Legal Proceedings12ITEM 1A.Risk Factors12ITEM 2.Unregistered Sales of Equity Securities and Use of Proceeds12ITEM 3.Defaults Upon Senior Securities.12ITEM 4.Mine Safety Disclosures.12ITEM 5.Other Information12ITEM 6.Exhibits13    2      PART 1  FINANCIAL INFORMATION   ITEM 1. FINANCIAL STATEMENTS  MONARCHY VENTURES, INC.  CONSOLIDATED BALANCE SHEETS  January 31,
2015October 31,
2014(Unaudited)ASSETSCurrent AssetsCash or cash equivalents$22,364$22,173Inventory5,8976,652Prepaid expense4,6965,297Total current assets32,95734,122Non-current AssetsProperty and equipment182,713211,597TOTAL ASSETS$215,670$245,719LIABILITIES AND STOCKHOLDERS DEFICIENCYCurrent LiabilitiesBank indebtedness$16,373$21,239Accounts payable and accrued liabilities248,555253,641Convertible notes payable283,275347,775Current portion of deferred lease incentive4041,671Due to related parties468,494515,669Total current liabilities1,017,1011,139,995Non-Current LiabilitiesDeferred lease incentive10,95311,139TOTAL LIABILITIES1,028,0541,151,134STOCKHOLDERS DEFICIENCYCommon stock300,000,000 shares authorized, at $0.001 par value; 51,937,187 shares issued and outstanding as at January 31, 2015 (30,437,187as at October 31, 2014)51,93730,437Additional paid-in capital43,000-Accumulated other comprehensive income59,31424,451Accumulated deficit(966,635)(960,303)Total stockholders deficiency(812,384)(905,415)TOTAL LIABILITIES AND STOCKHOLDERS DEFICIENCY$215,670$245,719  The accompanying notes are an integral part of these consolidated financial statements.  3   MONARCHY VENTURES, INC.  CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)  For the three months endedJanuary 31,
2015January 31,
2014REVENUENet sales$94,622$88,760Cost of goods sold(60,761)(59,264)GROSS PROFIT33,86129,496OPERATING EXPENSESDepreciation6,40010,395General and administrative15,36310,960Management wages7,7219,818Professional fees1,0344,569Rent9,67614,882TOTAL OPERATING EXPENSES40,19450,624NET LOSS(6,332)(21,128)OTHER COMPREHENSIVE INCOMEForeign exchange translation gain34,863-COMPREHENSIVE INCOME (LOSS)$28,531$(21,128)NET LOSS PER COMMON SHAREBasic and diluted$(0.00)$(0.00)WEIGHTED AVERAGE OUTSTANDING SHARES  basic and diluted47,263,27330,000,000  The accompanying notes are an integral part of these consolidated financial statements.  4    MONARCHY VENTURES, INC.  CONSOLIDATED STATEMENT OF STOCKHOLDERS' DEFICIENCY For the three months ended January 31, 2015 (Unaudited)


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|                                               | Common Stock |             |                            |                     |                                       
|                                               | Shares       | Par value   | Additional Paid-in Capital | Accumulated deficit | Accumulated other comprehensive income | Total        
|Balance as of October 31, 2014                 | 30,437,187   | 30,437      | -                          | (960,303)           | 24,451                                 | (905,415)    
|Shares issued for debt                         | 21,500,000   | 21,500      | 43,000                     | -                   | -                                      | 64,500       
|Translation gain                               | -            | -           | -                          | -                   | 34,863                                 | 34,863       
|Net loss for the period ended January 31, 2015 | -            | -           | -                          | (6,332)             | -                                      | (6,332)      
|Balance as of January 31, 2014                 | 51,937,187   | $    51,937 | $    43,000                | $      (966,635)    | $         59,314                       | $   (812,384)

The accompanying notes are an integral part of these consolidated financial statements.   5   MONARCHY VENTURES, INC.  CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)  Three months endedJanuary 31,
2015January 31,
2014CASH FLOWS FROM OPERATING ACTIVITIES:Net income$(6,332)$(21,128)Adjustments to reconcile net loss to net cash used in operating activities:Depreciation6,40010,395Amortization of deferred lease incentive(186)-Changes in operating assets and liabilities:Inventory755-Prepaid expense601-Accounts payable and accrued expenses(3,724)8,417Net cash used in operating activities(2,486)(2,316)CASH FLOWS FROM INVESTING ACTIVITIESProperty and equipment(14,083)(4,545)Net cash (used in) investing activities(14,083)(4,545)CASH FLOWS FROM FINANCING ACTIVITIESBank indebtedness(2,607)-Advances from related parties12,6443,117Net cash provided by financing activities10,0373,117Effect of foreign exchange3,980(591)Net increase (decrease) in cash191(4,335)CASH, BEGINNING OF PERIOD22,1736,058CASH, END OF PERIOD$22,364$1,723  The accompanying notes are an integral part of these consolidated financial statements.  6    MONARCHY VENTURES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS January 31, 2015 (Unaudited)  1. ORGANIZATION AND BASIS OF PRESENTATION  The Company, Monarchy Ventures, Inc. (formerly Monarchy Resources, Inc.), was incorporated under the laws of the State of Nevada on June 16, 2010.  On October 20, 2014 the Company completed the acquisition of The Spud Shack Fry Company Ltd. (Spud Shack), a restaurant located in British Columbia, Canada.  These consolidated financial statements are presented on the basis that we will continue as a going concern. The going concern concept contemplates the realization of assets and satisfaction of liabilities in the normal course of business.  At January 31, 2015, the Company has a working capital deficit, stockholders deficit and operating losses for past two years. These circumstances raise substantial doubt about the Companys ability to continue as a going concern.  While the Company is attempting to generate sufficient revenues, the Companys cash position may not be enough to support the Companys daily operations. Management intends to raise additional funds by way of a public or private offering. Management believes that the actions presently being taken to further implement its business plan and generate sufficient revenues provide the opportunity for the Company to continue as a going concern. While the Company believes in the viability of its strategy to increase revenues and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon the Companys ability to further implement its business plan and generate sufficient revenues.  These consolidated financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.   The consolidated 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 Form 10-Q and Article 8 of Regulation S-X.  They do not include all information and notes required by generally accepted accounting principles for complete financial statements. Except as disclosed herein, there has been no material change in the information disclosed in the notes to the financial statements included in the Annual Report on Form 10-K of the Company for the year ended October 31, 2014. In the opinion of management, all adjustments (including normal recurring accruals) considered necessary for a fair presentation have been included.  Operating results for the three months ended January 31, 2015, are not necessarily indicative of the results that may be expected for the year ending October 31, 2015.  For further information, these unaudited financial statements and the related notes should be read in conjunction with the Companys audited financial statements for the year ended October 31, 2014, included in the Companys report on Form 10-K.  2. RELATED PARTIES  As of January 31, 2015, amounts of $465,751 were owing to related parties (October 31, 2014: $515,669). These amounts are unsecured, and have no fixed interest or repayment terms.  During the three months ended January 31, 2015 and January 31, 2014, $7,721 and $9,818, respectively, was incurred as remuneration to a shareholder of the company who serves as the manager of the restaurant operation.   7   3. PROPERTY AND EQUIPMENT  January 31, 2015CostAccumulated
DepreciationNet Book Value
June 30, 2014Computer equipment$5,542$4,201$1,341Furniture and fixtures93,37036,45756,913Leasehold improvements156,05431,595124,459$254,966$72,253$182,713  October 31, 2014CostAccumulated
DepreciationNet Book Value
October 31, 2014Computer equipment$6,250$4,497$1,753Furniture and fixtures103,60537,74465,861Leasehold improvements176,02032,037143,983$285,875$74,278$211,597  4. LEASE INCENTIVE  In February 2013, the Company received $18,759 from the landlord for tenant improvement reimbursements which has been recorded as a lease incentive. It has been amortized on a straight line basis over the lease term of 10 years. Each years portion of the lease incentive has been offset against the rent expense.  5. COMMITMENT  The Company is committed until May 31, 2022 for payments totaling CAD$219,486 for premises under lease. The minimum lease payments over the next five years are as follows:  2015CAD$23,550201647,100201747,100201850,868201950,868CAD$219,486  7. CAPITAL STOCK  On November 20, 2014, the Company issued 21,500,000 shares in satisfaction of $64,500 in debt.  8. CONVERTIBLE PROMISSORY NOTES  The Company has $283,275 in convertible promissory notes that are due on demand, bear interest at 5%, are unsecured and are convertible at $0.001. If the balance outstanding were converted into common shares, the amount of shares to be issued would be 283,275,000 common shares.  9. SUBSEQUENT EVENTS   On April 21, 2015, the Company issued 5,000,000 shares in satisfaction of $5,000 in debt.    8      ITEM 2. MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS  The following discussion should be read in conjunction with the information contained in the financial statements of Monarchy Ventures, Inc. (Monarchy or the Company) and the notes which form an integral part of the financial statements which are attached hereto.  The financial statements mentioned above have been prepared in conformity with accounting principles generally accepted in the United States of America and are stated in United States dollars.  We have a limited operating history and have not yet generated or realized any profits from our activities. We have commenced mining operation in Mexico through our investment in New World Metals SAPI but we have yet to undertake any exploration activity on our Philippine property, La Carlota.  Our restaurant operation is likewise relatively new and has net to generate any profits.  As of January 31, 2015, we had a working capital deficit of $984,144, an improvement over the working capital deficit of  $1,104,874 at October 31, 2014. This improvement resulted primarily from issuing shares to settle a portion of the outstanding debt and a reduction in amounts owing to related parties.  For the 3 months ending January 31, 2015 we had a net loss from operations of $ (6,332) compared to a net loss of $ (21,128) from operations for the 3 months ending January 31, 2104. This improvement resulted from a reduction in expenses primarily through negotiation of lower rent for the restaurant.   Our comprehensive income for the 3 months ending January 31, 2015 was $28,531 as a result of foreign exchange translation gains.  Foreign Currency and Exchange Rates  Our Company conducts activities in Mexico and the Canada and will pay its expenses in the local currency.  Any currency fluctuation in an adverse way will increase our costs and affect our ability to generate profits from our activities.  Requirements for Cash over the next twelve months  As of January 31, 2015, we had cash of $22,364, inventory of $5,897, prepaid expenses of $4,696, accounts payable and accrued liabilities of $248,555, bank indebtedness of $16,373, and convertible notes of $283,275. Management has estimated that the need for funds over the next twelve months is as follows:  ExpenseRef.Estimated
AmountAccounting and audit(i)$20,000Edgarizing and XBRL filings(ii)5,000Development costs  New World Metals(iii)250,000Accounts payable and accrued expenses(iv)248,555523,555Less: cash on hand as at January 31, 201522,364Estimate of additional cash requirements over the next twelve months$501,191  (i) Accounting and audit  Relates to fees in connection with the preparation of quarterly and annual financial statements and recent filings on Forms 10-K and 10-Q  (ii) Edgarizing  With the requirement to do an XBRL filing both annually and quarterly the edgarizing cost are projected to increase over previous years.   9    (iii) Development Costs - Mexico  We intend to invest $250,000 into the mining projects over the next twelve months.  (iv) Accounts payable  these funds are required to keep our trade payables and other current liabilities current  Despite the commitment of our director to advance us funds over the next twelve months, our future financial success will be dependent on our ability to obtain third party financing in the form of debt and equity and ultimately on the ability of the restaurant in Canada and the mines in Mexico to generate profits. As of the date of this Form 10-Q, we have not generated sufficient revenues, and have experienced negative cash flow from operations. We may look to secure additional funds through future debt and equity financings. These sources of financing may not be available or may not be available on reasonable terms.  Critical Accounting Policies and Estimates  In presenting our financial statements in conformity with U.S. generally accepting accounting principals, or GAAP, we are required to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, costs and expenses and related disclosures.  Some of the estimates and assumptions we are required to make relate to matters that are inherently uncertain as they pertain to future events. We base these estimates and assumptions on historical experience or on various other factors that we believe to be reasonable and appropriate under the circumstances. On an ongoing basis, we reconsider and evaluate our estimates and assumptions. Actual results may differ significantly from these estimates.  We believe that the critical accounting policies listed below involve our more significant judgments, assumptions and estimates and, therefore, could have the greatest potential impact on our financial statements. In addition, we believe that a discussion of these policies is necessary to understand and evaluate the financial statements contained in this prospectus.  Estimates and Assumptions  Management uses estimates and assumptions in preparing financial statements in accordance with generally accepted accounting principles. Those estimates and assumptions affect the reported amounts of the assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could vary from the estimates that were assumed in preparing these financial statements.  Mineral claim acquisition and exploration costs  The cost of acquiring mineral properties or claims is initially capitalized and then tested for recoverability whenever events or changes in circumstances indicate that its carrying amount may not be recoverable. Mineral exploration costs are expensed as incurred.  Income Taxes  The Company utilizes the liability method of accounting for income taxes. Under the liability method deferred tax assets and liabilities are determined based on differences between financial reporting and the tax bases of the assets and liabilities and are measured using the enacted tax rates and laws that will be in effect, when the differences are expected to be reversed. An allowance against deferred tax assets is recorded, when it is more likely than not, that such tax benefits will not be realized.  Recent Accounting Pronouncements  The Company does not expect the adoption of any recent accounting pronouncements to have a material impact on its financial statements.   10     ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.  Not Applicable.   ITEM 4. CONTROLS AND PROCEDURES.  Disclosure Controls and Procedures  Under the supervision and with the participation of our management, including the Principal Executive Officer and Principal Accounting Officer, we have evaluated the effectiveness of our disclosure controls and procedures as required by Exchange Act Rule 13a-15(b) as of January 31, 2015(the Evaluation Date). Based on that evaluation, the Principal Executive Officer and Principal Accounting Officer have concluded that these disclosure controls and procedures were not effective as of the Evaluation Date as a result of the material weaknesses in internal control over financial reporting.  Disclosure controls and procedures are those controls and procedures that are designed to ensure that information required to be disclosed in our reports filed or submitted under the Exchange Act are recorded, processed, summarized and reported within the time periods specified in the SEC's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in our reports filed under the Exchange Act is accumulated and communicated to management, including our Principal Executive Officer and Principal Accounting Officer, to allow timely decisions regarding required disclosure.  Notwithstanding the assessment that our internal control over financial reporting was not effective and that there were material weaknesses, we believe that our financial statements contained in our Quarterly Report on Form 10-Q for the quarter ended January 31, 2015 fairly present our financial condition, results of operations and cash flows in all material respects  Changes in Internal Controls  There were no changes in our internal control over financial reporting during the quarter ended January 31, 2015 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.    11   PART II  OTHER INFORMATION   ITEM 1. LEGAL PROCEEDINGS  There are no legal proceedings to which Monarchy or its subsidiaries are party nor are any material legal proceedings contemplated.   ITEM 1A. RISK FACTORS  Not required for a smaller reporting companies.  ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS  There has been no change in our securities since the quarter ended January 31, 2015 except as follows:  On April 21, 2015, the Company issued 5,000,000 shares in satisfaction of $5,000 in debt.  ITEM 3. DEFAULTS UPON SENIOR SECURITIES  None   ITEM 4. MINE SAFETY DISCLOSURE  The Securities and Exchange Commission (SEC) approved amendments to its rules on December 21, 2011 to implement the mine safety disclosure requirements contained in Section 1503 of the Dodd-Frank Act. Section 1503 requires SEC registrants that are operators of coal or other mines to include in their periodic and current reports disclosures regarding certain safety violations, orders and regulatory actions. Based on Item 104 of Regulation S-K the Company is able to report the following for the time period covered by the report:  · no violations of mandatory health or safety standards that could significantly and substantially contribute to the cause and effect of a coal or other mine safety or health hazard under Section 104 of the Federal Mine Safety and Health Act of 1977 (Mine Safety Act) for which the operator received a citation from the Mine Safety and Health Administration (MSHA); · no orders issued under Section 104(b) of the Mine Safety Act; · no citations and orders for unwarrantable failure of the mine operator to comply with mandatory health or safety standards under Section 104(d) of the Mine Safety Act; · no flagrant violations under Section 110(b)(2) of the Mine Safety Act; · no imminent danger orders issued under Section 107(a) of the Mine Safety Act; and · no proposed assessments (regardless of whether the assessment is being challenged or appealed) from the MSHA under the Mine Safety Act.   ITEM 5. OTHER INFORMATION  Not Applicable  12      ITEM 6. EXHIBITS  The following exhibits are included as part of this report:  Exhibit NumberDescription3Corporate Charter (incorporated by reference from Monarchys Registration Statement on Form S-1 filed on March 15, 2011)3(i)Articles of Incorporation (incorporated by reference from Monarchys Registration Statement on Form S-1 filed on March 15, 2011)3(ii)By-laws (incorporated by reference from Monarchys Registration Statement on Form S-1 filed on March 15, 2011)10.1Transfer Agent and Registrar Agreement (incorporated by reference from Monarchys Registration Statement on Form S-1 filed on March 15, 2011)10.2Share Exchange Agreement dated May 14, 2013 (incorporated by reference to the Form 8 filed on May 14, 2013.10.3Share Exchange Agreement dated July 9, 2013 (incorporated by reference to the Form 8 filed on July 9, 2013)31.1Certification of Chief Executive Officer as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.  (*)32.1Certification of Chief Executive Officer as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. (*)(*) Filed herein   13      SIGNATURES  Pursuant to the requirements 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.  MONARCHY VENTURES INC.(Registrant)Date:  May 15, 2015/s/  Timothy FergusonTIMOTHY FERGUSON
Chief Executive Officer, President and Director   14