Final Results

Quintessentially English PLC
23 March 2006

QUINTESSENTIALLY ENGLISH PLC



PRELIMINARY RESULTS FOR THE YEAR ENDED 31 DECEMBER 2005



The Company today makes its Preliminary Announcement of its results for the year
ended 31 December 2005.



The Company had no turnover in the year but incurred running costs as well as
abort costs to third parties 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 year amounted to £84,699 which includes overheads of £92,303
relating to the administration of the Company and its quotation on AIM. Net
interest received amounted to £7,604.  Net assets were £121,743 comprising cash
of £152,126, investments of £2 and creditors of £30,385.



The Company continues to seek acquisitions along the lines proposed to, and
approved by, shareholders last November. It was also referred to in the circular
dated 8th November that if the Company made no substantial acquisition within 24
months of Admission (18 March 2006), it is the intention of the Directors that
the net proceeds of the Placing then held by the Company, after initial and
other costs, will be returned to its shareholders.



Shareholders approved the extension of the date for repayment of net proceeds
after running costs and acquisition costs to 1st October 2006. However in the
event that a suitable acquisition is not concluded by 1st October 2006 and the
Company's AIM quotation is cancelled, it is the Board's intention to seek a
quotation for the Company's shares on an alternative Exchange.



Under the new AIM rules the Company must make an acquisition constituting a
reverse takeover before 1st April 2006 or its shares will be suspended under
Rule 40.



The Directors are making every effort to secure a suitable acquisition.



M S Gurner
Chairman

23 March 2006




PROFIT AND LOSS ACCOUNT

For the year ended 31 December 2005


                                                                Year Ended         16 January to
                                                          31 December 2005           31 December
                                                                                            2004
                                                 Note                    £                     £

Administrative expenses                                           (92,303)              (79,434)

OPERATING LOSS                                      1             (92,303)              (79,434)

Interest Receivable                                                  7,708                 6,240
Interest Payable                                    3                (104)                     -
LOSS ON ORDINARY ACTIVITIES BEFORE                                (84,699)              (73,194)
TAXATION

TAXATION ON LOSS ON ORDINARY ACTIVITIES             2                    -                     -

LOSS FOR THE FINANCIAL YEAR                                     £ (84,699)         £    (73,194)


EARNINGS PER SHARE - basic and diluted              4              (0.76)p               (0.76)p



All amounts relate to continuing operations.



There were no recognised gains and losses for 2005 or 2004 other than those
included in the profit and loss account.




BALANCE SHEET

As at 31 December 2005


                                                31 December                 31 December
                                                   2005                        2004
                                   Note             £             £             £             £

Fixed Assets


Investments                                                       2                           2

CURRENT ASSETS


Cash at bank and in hand                      152,126                     222,604

CREDITORS:  amounts falling                  (30,385)                    (16,164)
due within one year

NET CURRENT ASSETS                                          121,741                     206,440



TOTAL ASSETS LESS CURRENT                               £   121,743                 £   206,442
LIABILITIES

CAPITAL AND RESERVES
Called up share capital               5                     111,769                     111,769
Share premium account                 6                     167,867                     167,867
Profit and loss account               6                   (157,893)                    (73,194)

EQUITY SHAREHOLDERS' FUNDS            7                 £   121,743                 £   206,442






CASH FLOW STATEMENT

For the year ended 31 December 2005


                                                           Year Ended           16 January to
                                                          31 December             31 December
                                                                 2005                    2004
                                       Note                         £                       £
Net cash flow from operating              8                  (78,082)                (63,270)
activities
Returns on investments and                                      7,604                   6,240
servicing of finance
Acquisitions and disposals                                          -                     (2)



CASH OUTFLOW BEFORE FINANCING                                (70,478)                (57,032)

Financing                                                           -                 279,636

(DECREASE)/INCREASE IN CASH IN                             £ (70,478)               £ 222,604
THE YEAR











1.             OPERATING LOSS



The operating loss is stated after charging:


                                                             Year Ended         16 January to
                                                            31 December           31 December
                                                                   2005                  2004
                                                                      £                     £


Auditors' remuneration - audit services                           7,050                 5,875
Operating lease rentals: - land and buildings                         -                10,835

Exceptional Items - Abortive acquisition

Legal and professional fees                                      15,000                     -

Advisory Fees                                                     8,813                     -

Auditors' remuneration - non audit services -                    11,750                     -
reporting accountant fees






2.             TAXATION


                                                             Year Ended         16 January to
                                                            31 December           31 December
                                                                   2005                  2004
                                                                      £                     £



UK Corporation Tax on profit on ordinary                              -                     -
activities




Factors affecting tax charge for period



There is no tax charge in the year.  A reconciliation of this £nil charge is
detailed below.








                                                                Year Ended       16 January to
                                                          31 December 2005         31 December
                                                                                          2004
                                                                         £                   £

Loss on ordinary activities before tax                            (84,699)            (73,194)


Loss on ordinary activities multiplied by the relevant            (25,410)            (21,958)
standard rate of corporation tax in the UK of 30% (2004
- 30%)

Effects of:
Expenses not deductible for tax purposes                               403                 433
Tax losses carried forward to future periods                        25,007              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 £155,104 (2004: £71,750) available for relief against future relevant
profits.







3.             INTEREST PAYABLE


                                                    Year Ended 31        16 January to
                                                         December          31 December 
                                                             2005                 2004 
                                                                £                    £
On bank loans and overdrafts                                £ 104                  £ -



4.             EARNINGS PER SHARE



The calculation of basic loss per ordinary share for the year is based on the
loss of £84,699 and 11,176,865 ordinary shares.  There are no dilutive shares in
existence.



5.             SHARE CAPITAL


                                                             2005                 2004
                                                                £                    £
Authorised

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

Allotted, called up and fully paid

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



6.             RESERVES


Share premium account                                                                              £

At 1 January 2005                                                                            167,867

At 31 December 2005                                                                          167,867


Profit and Loss Account                                                                            £

At 1 January 2005                                                                           (73,194)
Loss retained for the year                                                                  (84,699)

At 31 December 2005                                                                      £ (157,893)



7.             RECONCILIATION OF MOVEMENT IN SHAREHOLDERS' FUNDS


                                                            2005                                2004
                                                               £                                   £



Loss for the year                                       (84,699)                            (73,194)
Shares issued during the year                                  -                             111,769
Share premium on shares issued (net                            -                             167,867
of expenses)
                                                        (84,699)                             206,442
Opening shareholders' funds                              206,442                                   -
Closing shareholders' funds                            £ 121,743                           £ 206,442






8.             NET CASH FLOW FROM OPERATING ACTIVITIES


                                                       Year Ended                       16 January to
                                                      31 December                         31 December
                                                             2005                                2004
                                                                £                                   £



Operating Loss                                           (92,303)                            (79,434)
Increase in creditors                                      14,221                              16,164

NET CASH OUTFLOW FROM OPERATIONS                       £ (78,082)                          £ (63,270)






The financial information set out above does not constitute the Company's
statutory accounts for the year ended 31 December 2005 but is derived from those
accounts.



The Company's registered office is at 235 Old Marylebone Road, London NW1 5QT.



Copies of the Report and Accounts for the year ended 31 December 2005 are being
sent to shareholders.  Further copies will be available from the company's
registered office.


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