Final Results

Quintessentially English PLC
28 June 2005





                          QUINTESSENTIALLY ENGLISH PLC

             PRELIMINARY RESULTS FOR THE YEAR ENDED 31 DECEMBER 2004


The Company today makes its Preliminary Announcement of its results for the
period from incorporation on 18 January 2004 to 31 December 2004.


The Company had no turnover in the period but incurred costs in its acquisition
search. As stated at Admission in March 2004, no remuneration will be paid to
the Directors until an acquisition is made.


The loss for the period amounted to £73,194 which includes overheads of £14,841
in respect of costs incurred in the period leading up to the AIM flotation of
the Company which include public relations and consultancy fees, travel
expenses, and professional advisory services.


The Company was incorporated principally to take advantage of opportunities to
acquire established businesses which could be described as 'quintessentially
English' because of their origin or connection with England. The Company has met
and evaluated a large number of prospects but for various reasons these have not
progressed. It continues to seek such acquisitions and has widened its
objectives and target sectors. Competent management is a key feature of its
requirements.



                                                        PROFIT AND LOSS ACCOUNT
                                      For the period from incorporation to 31 December 2004


                                                                                                   Period ended
                                                                                               31 December 2004
                                                                                                      (audited)

                                                                           Note                   £

Administrative expenses                                                                                 (79,434)

OPERATING LOSS                                                                 1                        (79,434)

Interest receivable                                                                                        6,240

LOSS ON ORDINARY ACTIVITIES BEFORE TAXATION                                                             (73,194)

TAX ON LOSS ON ORDINARY ACIVITIES                                              2                               -

LOSS ON ORDINARY ACTIVITIES AFTER TAXATION                                                         £    (73,194)


EARNINGS PER SHARE - basic and diluted                                         3                         (0.76)p



All amounts relate to continuing operations.



There were no recognised gains and losses for 2004 other than those included in
the profit and loss account.



                                                        BALANCE SHEET
                                                  As at 31 December 2004





                                                                                    31 December 2004 (audited)

                                                                Note                     £              £
Fixed Assets

Investments                                                                                             2

CURRENT ASSETS

Cash at bank and in hand                                                              222,604

CREDITORS:  amounts falling due within one year                                       (16,164)

NET CURRENT ASSETS                                                                                     206,440

TOTAL ASSETS LESS CURRENT LIABILITIES                                                              £   206,442

CAPITAL AND RESERVES
Called up share capital                                              4                                   111,769
Share premium account                                                5                                   167,867
Profit and loss account                                                                                 (73,194)

EQUITY SHAREHOLDERS' FUNDS                                           6                               £   206,442




                                             CASH FLOW STATEMENT
                                   For the period ended 31 December 2004




                                                                                           Period ended
                                                                                   31 December 2004 (audited)
                                                                                        Note            £

Net cash flow from operating activities                                                  7              (63,270)
Returns on investments and servicing of finance                                                            6,240
Acquisitions and disposals                                                                                   (2)


CASH OUTFLOW BEFORE FINANCING                                                                           (57,032)

Financing                                                                                                279,636

INCREASE IN CASH IN THE PERIOD                                                                          £222,604



1. OPERATING LOSS


The operating loss is stated after charging:


                                                                                              Period ended
                                                                                          31 December 2004
                                                                                                     £

Operating lease rentals:
- land and buildings                                                                              10,835

Auditors remuneration                                                                              5,875



2. TAXATION

                                                                                               Period ended
                                                                                           31 December 2004

                                                                                                     £
Tax on profit on ordinary activities                                                                 -

Factors affecting tax charge for period



The tax assessed for the period is higher than the standard rate of corporation
tax in the UK applicable to the company (30%). The differences are explained below:


                                                                                               Period ended
                                                                                             31 December 2004
                                                                                                          £

Loss on ordinary activities before tax                                                                   (73,194)

Loss on ordinary activities multiplied by the relevant standard rate of
corporation tax in the UK of 30%                                                                         (21,958)


Effects of:
Expenses not deductible for tax purposes                                                                      433
Tax losses carried forward to future periods                                                               21,525

Current tax charge for period (see note above)                                                                  -


Factors that may affect future tax charges


At the balance sheet date there are unrelieved management expenses carried
forward of £71,750 available for relief against future relevant profits.





3. EARNINGS PER SHARE



The calculation of basic loss per ordinary share for the year is based on the
loss of £73,194 and 9,635,094 ordinary shares, being the weighted average number
of ordinary shares in issue during the period.





4.SHARE CAPITAL


                                                                                              31 December 2004
                                                                                                       £
Authorised

50,000,000 Ordinary shares of 1p each                                                                    £ 500,000

Allotted, called up and fully paid

11,176,865 Ordinary shares of 1p each                                                                    £ 111,769



The issued share capital comprises 11,176,865 Ordinary shares, consisting of 200
shares of 1p each issued as two £1 subscriber Ordinary shares on incorporation
and converted into 1p Ordinary shares on 23 February 2004, 6.666,665 Ordinary
shares of 1p each issued on 24 February 2004 and 4,510,000 Ordinary shares of 1
p each issued on 18 March 2004.



5. RESERVES


Share premium account                                                                                    £

Premium on shares issued during the period                                                                 213,731

Expenses of share issue                                                                                   (45,864)

At 31 December 2004                                                                                      £ 167,867







6. RECONCILIATION OF MOVEMENT IN SHAREHOLDERS' FUNDS


                                                                                              31 December 2004
                                                                                                        £

Loss for the period                                                                                       (73,194)
Shares issued during the period                                                                            111,769
Share premium on shares issued (net of expenses)                                                           187,867

Closing shareholders' funds                                                                              £ 206,442



7.NET CASH FLOW FROM OPERATING ACTIVITIES


                                                                                                Period ended

                                                                                           31 December 2004

                                                                                                      £
Operating Loss                                                                                            (79,434)
Increase in creditors                                                                                       16,164

NET CASH OUTFLOW FROM OPERATIONS                                                                        £ (63,270)






The financial information set out above does not constitute the Company's statutory accounts for the period from 
incorporation on 18 January 2004 to 31 December 2004 but is derived from those accounts.


The Company's registered office is no longer at 11 Cross Keys Close, London W1U
2DJ.  It has moved to 235 Old Marylebone Road, London NW1 50T.



Copies of the Report and Accounts for the period ended 31 December 2004 are
being sent to shareholders. Further copies will be available from the Company's
registered office, which is now at 235 Old Marylebone Road, London NW1 50T.







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