QUEROS CAPITAL PARTNERS PLC - Audited Annual Results year ended 31 December 2015

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 £54,663 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: [phone]
http://www.queroscapitalpartners.com/

ISDX CORPORATE ADVISER:

Alexander David Securities Limited
David Scott – Corporate Finance
James Dewhurst – Institutional Sales 
Telephone: [phone]
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	£
TURNOVER	2	64,212
Administrative expenses		58,508
OPERATING PROFIT and PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION	4	5,704
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	£
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 one year	10	582,000
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
	£	£	£
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	£
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 of period	2	-
Cash and cash equivalents at end of period	2	7,920

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