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DJ Queros Capital Partners Plc Audited Annual Results year ended 31 December 2015

 
TIDMBFD 
 
30 June 2016 
 
                          Queros Capital Partners PLC 
                          ("Queros" or "the Company") 
 
Audited Annual Results for the year ended 31 December 2015 
 
Queros Capital Partners Plc are delighted to report its audited annual results 
for the twelve months ended 31 December 2015. 
 
Chairman's statement 
 
We are pleased to announce our first year financial report to our stakeholders 
for the period ended 31 December 2015. 
 
Key Highlights and Developments during year 
 
Company's principal investment policy is focused in two key investment areas 
which is bridge financing and social housing in UK and in Europe. The Company 
also provides consultancy and advisory services to its corporate clients. 
 
To achieve the objectives of the company, it has listed an Unsecured Bond on 
the ISDX exchange market for the term of 10 years until the year 2025 at an 8% 
coupon. 
 
The 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. 
 
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. 
 
Financial Results 
 
For the financial year ended 31st December 2015, the Net assets of the company 
are GBP54,663 and it has successfully maintained its quarterly interest payments 
to the bond holders up to the reporting date and the board is determined to 
protect bondholders' interest in the near future. 
 
The Risk relating to the bond issues has been disclosed in the admission 
document of the company with ISDX exchange and is readily available from the 
website of the company www.queroscapitalpartners.com. 
 
Current Trading Outlook 
 
We continue to look and explore new investment opportunities to maximise 
stakeholders interest and developing our existing investments. The Board 
forecasts to maximise return on the investments in the near future in lieu of 
financial and political climate around the United Kingdom and Europe. 
 
Our board continues to maintain a high level of corporate governance and places 
great importance to risk management in selecting investments for the company. 
We expect our team to act both professionally and honestly in their day to day 
duties. 
 
Notes of Appreciation 
 
I wish to take this opportunity to congratulate our team for successfully 
meeting targets and achieving fruitful results for the company and its 
stakeholders. 
 
At the end I would be thankful to our loyal stakeholders for their continued 
support in the past and will welcome the same in the near future. 
 
ON BEHALF OF THE BOARD 
 
Marcel Samuel Boom 
Chief Executive Officer 
30 June 2016 
 
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 
 
 
 
 
QUEROS CAPITAL PARTNERS PLC (REGISTERED NUMBER: 09294394) 
 
INCOME STATEMENT 
FOR THE PERIOD 4 NOVEMBER 2014 TO 31 DECEMBER 2015 
 
                                              Notes               GBP 
 
TURNOVER                                        2                    64,212 
 
Administrative expenses                                              58,508 
 
OPERATING PROFIT and PROFIT ON                  4                     5,704 
ORDINARY ACTIVITIES BEFORE TAXATION 
 
Tax on profit on ordinary activities            6                     1,141 
 
PROFIT FOR THE FINANCIAL PERIOD                                       4,563 
 
 
 
 
QUEROS CAPITAL PARTNERS PLC (REGISTERED NUMBER: 09294394) 
 
OTHER COMPREHENSIVE INCOME 
FOR THE PERIOD 4 NOVEMBER 2014 TO 31 DECEMBER 2015 
 
                                                 Notes           GBP 
 
PROFIT FOR THE PERIOD                                               4,563 
 
OTHER COMPREHENSIVE INCOME                                              - 
 
TOTAL COMPREHENSIVE INCOME FOR THE PERIOD                           4,563 
 
 
 
 
QUEROS CAPITAL PARTNERS PLC (REGISTERED NUMBER: 09294394) 
 
STATEMENT OF FINANCIAL POSITION 
31 DECEMBER 2015 
 
                                             Notes 
 
CURRENT ASSETS 
 
Debtors                                        7                  668,037 
 
Cash at bank                                   8                    7,920 
 
                                                                  675,957 
 
CREDITORS 
 
Amounts falling due within one year            9                   39,294 
 
NET CURRENT ASSETS                                                636,663 
 
TOTAL ASSETS LESS CURRENT LIABILITIES                             636,663 
 
CREDITORS 
 
Amounts falling due after more than           10                  582,000 
one year 
 
NET ASSETS                                                         54,663 
 
CAPITAL AND RESERVES 
 
Called up share capital                       11                   50,100 
 
Retained earnings                             12                    4,563 
 
SHAREHOLDERS' FUNDS                                                54,663 
 
 
 
The financial statements were approved by the Board of Directors on 29 June 
2016 and were signed on its behalf by: 
 
M S Boom - Director 
 
Y Singh - Director 
 
 
 
 
QUEROS CAPITAL PARTNERS PLC (REGISTERED NUMBER: 09294394) 
 
STATEMENT OF CHANGES IN EQUITY 
FOR THE PERIOD 4 NOVEMBER 2014 TO 31 DECEMBER 2015 
 
                                         Called up 
 
                                             share     Retained           Total 
 
                                           capital     earnings          equity 
 
                                                 GBP            GBP               GBP 
 
Changes in equity 
 
Issue of share capital                      50,100            -          50,100 
 
Total comprehensive income                       -        4,563           4,563 
 
Balance at 31 December 2015                 50,100        4,563          54,663 
 
 
 
 
QUEROS CAPITAL PARTNERS PLC (REGISTERED NUMBER: 09294394) 
 
STATEMENT OF CASH FLOWS 
FOR THE PERIOD 4 NOVEMBER 2014 TO 31 DECEMBER 2015 
 
                                              Notes               GBP 
 
Cash flows from operating activities 
 
Cash generated from operations                  1                  (42,180) 
 
Net cash from operating activities                                 (42,180) 
 
Cash flows from financing activities 
 
Share issue                                                          50,100 
 
Net cash from financing activities                                   50,100 
 
Increase in cash and cash equivalents                                 7,920 
 
Cash and cash equivalents at beginning          2                         - 
of period 
 
Cash and cash equivalents at end of             2                     7,920 
period 
 
 
 
END 
 

(END) Dow Jones Newswires

June 30, 2016 11:48 ET (15:48 GMT)