ODX.L Regulatory News (ODX)

28 Sep 2005 07:02

Quintessentially English PLC28 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 June2005. There was a turnover of £Nil, and a loss after tax of £56,283. No directorsreceived any remuneration during the period. No dividend is recommended. Since the Company's successful Admission to AIM in March 2004, the Company hasevaluated a number of potential investments and continues to do so. Costs include fees incurred in respect of a particular transaction which in theevent was aborted during due diligence. For further information: Quintessentially English PLCMr Michael Gurner, 07768 231 731 Profit and Loss AccountFor 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 4,382Interest 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 AssetsCash at bank and in hand 198,277Current LiabilitiesCreditors: Amounts falling due within one year (48,120) ------------Net current assets 150,157 -----------Total assets less current liabilities 150,159 ----------- Called up share capital 2 111,769Share premium 3 167,867Profit 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 4,382Interest 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 inthe 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 onincorporation and converted into 1p shares on 23rd February 2004, 6,666,665ordinary shares of 1p each issued on 24th February 2004 and 4,510,000 ordinaryshares 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 213,731Expenses 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 ofthe 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 30thJune 2005 was approved by the directors on 19 September 2005. 6. Financial information The financial information in this statement does not constitute statutoryaccounts 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 2005to 30th June 2005 are not being sent to shareholders. Copies will be availablefrom 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