31 May 2016
Queros Capital
Partners PLC
(“Queros” or “the
Company”)
Unaudited Annual
Results for the year ended 31 December
2015
Queros Capital Partners Plc is pleased to announce its unaudited
annual results for year ended 31 December
2015. Alexander David Securities Limited confirms that other
than as disclosed in the unaudited annual results, we are not aware
of any reason for material differences between the unaudited and
audited annual results.
Chairman’s statement
Incorporation and change of name
The company was incorporated on 4
November 2014 as Queros Capital Partners Plc. The company
commenced trade on 1 December
2014.
Principal activity
Company Principal Investment policy is focused on two key
investment areas which is bridge financing and social housing in UK
and Europe. It intends to provide
bridge financing to UK companies which is a growing market with
high returns along with identifying property portfolios in UK and
Europe as per the terms of the
bond document.
Company has invested at present in interim bridge loan contracts
for the initial money raised in order to service the coupon and
further subscriptions will be invested in other larger property
portfolios.
Company also provides consultancy and advisory services related
property portfolios to clients in Europe and UK. It has identified high
yield property investments which will be acquired subject to
satisfactory due diligence when further subscriptions will be
raised via bond issue.
Directors
The directors who served during the period are as stated below:
Marcel Samuel Boom
Christopher Nigel Hutton
Yashpreet Singh
This report was approved by the Board on 26
May 2016 and signed on its behalf by
Marcel Samuel Boom
Chief Executive Officer
31 May 2016
Profit and loss account
for the period ended 31 December
2015
|
|
Period |
|
|
ended |
|
|
31/12/2015 |
|
|
|
|
Notes |
£ |
|
|
|
Turnover |
2 |
114,212 |
|
|
|
Cost of sales |
|
(19,597) |
|
|
_______ |
Gross
profit |
|
94,615 |
|
|
|
Administrative
expenses |
|
(88,911) |
|
|
_______ |
Profit on
ordinary |
|
|
activities before
taxation |
|
5,704 |
|
|
|
Tax on profit on
ordinary activities |
|
1,141 |
|
|
_______ |
Profit for the
period |
|
4,563 |
|
|
_______ |
Balance sheet
as at 31 December 2015
|
|
31/12/2015 |
|
Notes |
£ |
£ |
|
|
|
|
Fixed
assets |
|
|
|
Investments |
3 |
|
582,000 |
Current
assets |
|
|
|
Debtors |
4 |
136,837 |
|
Cash at bank and in
hand |
|
7,920 |
|
|
|
_______ |
|
|
|
144,757 |
|
Creditors: amounts
falling |
|
|
|
due within one
year |
5 |
(90,094) |
|
|
|
_______ |
|
Net current
assets |
|
|
54,663 |
|
|
|
_______ |
Total assets less
current |
|
|
|
liabilities |
|
|
636,663 |
Creditors: amounts
falling due |
|
|
|
after more than one
year |
6 |
|
(582,000) |
|
|
|
_______ |
|
|
|
|
Net assets |
|
|
54,663 |
|
|
|
_______ |
Capital and
reserves |
|
|
|
Called up share
capital |
7 |
|
50,100 |
Profit and loss
account |
|
|
4,563 |
|
|
|
_______ |
Shareholders'
funds |
|
|
54,663 |
|
|
|
_______ |
The directors of Queros Capital Partners Plc accept
responsibility for this announcement.
COMPANY CONTACT DETAILS:
Marcel Boom, Chief Executive
Officer
Queros Capital Partners Plc
Office Suite G4,
Bredon House,
321 Tettenhall Road,
Wolverhampton,
West Midlands,
WV6 OJZ
Telephone: +44 1293 401 293
http://www.queroscapitalpartners.com/
ISDX CORPORATE ADVISER:
Alexander David Securities Limited
David Scott – Corporate Finance
James Dewhurst – Institutional
Sales
Telephone: +44 (0) 20 7448 9820
http://www.ad-securities.com
49 Queen Victoria Street,
London EC4N 4SA