Quintessentially English PLC
28 September 2005
Quintessentially English PLC
('Quintessentially English' or the 'Company')
Interim Results
The Company announces its interim results for the six month period to 30th June
2005.
There was a turnover of £Nil, and a loss after tax of £56,283. No directors
received any remuneration during the period. No dividend is recommended.
Since the Company's successful Admission to AIM in March 2004, the Company has
evaluated a number of potential investments and continues to do so.
Costs include fees incurred in respect of a particular transaction which in the
event was aborted during due diligence.
For further information:
Quintessentially English PLC
Mr Michael Gurner, 07768 231 731
Profit and Loss Account
For the period 01/01/05 to 30/06/05
Note Period Ended
30/06/2005
(unaudited)
£
Turnover -
Administrative expenses (60,633)
------------
Operating Loss (60,633)
Interest Receivable 4,382
Interest Payable (32)
------------
Loss on ordinary activities before
taxation 1 (56,283)
Taxation -
------------
Loss on ordinary activities after taxation (56,283)
------------
Basic and diluted earnings per Ordinary share (pence)(0.50)
------------
Dividends per share (pence) 0
------------
Balance Sheet
As at 30/06/05
Note 30/06/2005
(unaudited)
£ £
Fixed assets
Investments 2
Current Assets
Cash at bank and in hand 198,277
Current Liabilities
Creditors: Amounts falling due
within one year (48,120)
------------
Net current assets 150,157
-----------
Total assets less current liabilities 150,159
-----------
Called up share capital 2 111,769
Share premium 3 167,867
Profit and loss account (129,477)
-----------
Equity shareholders funds 150,159
-----------
Net assets per share (pence) 4 1.34p
-----------
Cash Flow Statement
For the period from 01/01/05 to 30/06/05
Note Period Ended
30/06/2005
(unaudited)
£
Net cash inflow from operating activities (28,677)
-----------
Returns on investment and servicing of finance:
Interest received 4,382
Interest payable (32)
-----------
Decrease in cash (24,327)
-----------
Notes to the Interim Report
1. Loss on ordinary activities before taxation
The loss for the period is representative of operational overheads incurred in
the period.
2. Called up share Capital
The issued share capital compromises 11,176,865 ordinary shares of 1p each,
consisting of 200 shares of 1p each issued as two £1 subscriber shares on
incorporation and converted into 1p shares on 23rd February 2004, 6,666,665
ordinary shares of 1p each issued on 24th February 2004 and 4,510,000 ordinary
shares of 1p each issued on 18th March 2004.
3. Share premium
The share premium represents:
£
Premium arising on issues of ordinary shares in the
period ended 31/12/2004 213,731
Expenses of share issues in the period ending 31/12/2004 (45,864)
-----------
At 30th June 2005 167,867
-----------
4. Net assets per share
The calculation of net assets per share is based on the net assets at the end of
the period of £150,159 and on the number of ordinary shares in issue
(11,176,865) at 30th June 2005.
5. Preparation of Interim Report
The interim financial information for the period from 1 January 2005 to 30th
June 2005 was approved by the directors on 19 September 2005.
6. Financial information
The financial information in this statement does not constitute statutory
accounts within the meaning of section 240 of the Companies Act 1985.
7. Availability
Copies of the interim financial information for the period from 1 January 2005
to 30th June 2005 are not being sent to shareholders. Copies will be available
from the Company's registered office, which is at 235 Old Marylebone Road,
London NW1 50T.
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
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