328 PROPERTIES LIMITED

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 14404012

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		569,188		565,497

			569,188		565,497
CURRENT ASSETS
Debtors		1,824		1,682
Cash at bank and in hand		46,993		23,114

		48,817		24,796
Creditors: Amounts Falling Due Within One Year		(573,574 )		(567,905 )

NET CURRENT ASSETS (LIABILITIES)			(524,757 )		(543,109 )

TOTAL ASSETS LESS CURRENT LIABILITIES			44,431		22,388

NET ASSETS			44,431		22,388

CAPITAL AND RESERVES
Called up share capital	5		100		100
Profit and Loss Account			44,331		22,288

SHAREHOLDERS' FUNDS			44,431		22,388

Page 1

Page 2

328 PROPERTIES LIMITED

Abridged Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 October 2025 in accordance with section 444(2A) of the Companies Act 2006.

The financial statements were approved by the board of directors on 26 June 2026 and were signed on its behalf by:

Mrs Rebecca Thacker

Director

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

328 PROPERTIES LIMITED is a private company, limited by shares, incorporated in England & Wales.

The registered number is 14404012 .

The registered office is 74 Dickenson Road, Rusholme, Manchester, M14 5HF.

No dividends have been paid and none are proposed.

There are no other related party transactions to report.

There are no contingent liabilities or post balance sheet events to report.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover represents total lettings and rents receivable. The business is not Value Added Tax (VAT) registered.

2.3. Tangible Fixed Assets and Depreciation

Tangible Fixed Assets are stated at cost less accumulated depreciation.

Depreciation is calculated at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures & Fittings

15% Reducing Balance

No depreciation is provided in the year of acquisition.

2.4. Investment Properties

Property is revalued annually and any surplus or deficit is dealt with through profit and loss. No depreciation is provided in respect of the property. Property is composed of freehold property and added alterations.

2.5. Accounting Reference Date

The accounting reference date is 31 October.

These accounts are for the year ended on 31 October 2025.

2.6. Comparative Figures

The comparative figures used throughout these accounts are as at 31 Ocotober 2024 or are for the year ended on that date.

2.7. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

The average number of employees, including directors, who are employed under a contract of service during the year was: NIL (2024: NIL)

4. Tangible Assets

	Total
	£
Cost or Valuation
As at 1 November 2024	565,828
Revaluation	4,000

As at 31 October 2025	569,828

...CONTINUED

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328 PROPERTIES LIMITED

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 October 2025

Depreciation
As at 1 November 2024	331
Provided during the period	309

As at 31 October 2025	640

Net Book Value
As at 31 October 2025	569,188

As at 1 November 2024	565,497

Cost or valuation as at 31 October 2025 represented by:

	Investment Properties
	£
At cost	5,828
At valuation	564,000

	569,828

5. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

The share capital of the company is composed of 100 £1 Ordinary Voting Shares. The shares are held as follows:

Mrs Rebecca Thacker owns 25 £1 Ordinary Shares

Mr Rajen Thacker owns 25 £1 Ordinary Shares

Mrs Sandra Wong owns 25 £1 Ordinary Shares

Mr Jeffrey Wong owns 25 £1 Ordinary Shares

6. Ultimate Controlling Party

The Company was controlled throughout the year by Mrs Rebecca Thacker, Mr Rajen Thacker, Mrs Sandra Wong and Mr Jeffrey Wong who each held 25 £1 Ordinary Shares there being 100 £1 Ordinary Shares in issue.