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REGISTERED NUMBER: 00390061















ALUMINIUM SERVICE COMPANY
(WARWICK) LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024






ALUMINIUM SERVICE COMPANY
(WARWICK) LIMITED (REGISTERED NUMBER: 00390061)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


ALUMINIUM SERVICE COMPANY
(WARWICK) LIMITED (REGISTERED NUMBER: 00390061)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 82,932 98,277

CURRENT ASSETS
Stocks 45,443 51,430
Debtors 5 169,474 300,281
Cash at bank 503,837 345,202
718,754 696,913
CREDITORS
Amounts falling due within one year 6 502,763 501,948
NET CURRENT ASSETS 215,991 194,965
TOTAL ASSETS LESS CURRENT
LIABILITIES

298,923

293,242

PROVISIONS FOR LIABILITIES 18,687 23,001
NET ASSETS 280,236 270,241

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings 278,236 268,241
SHAREHOLDERS' FUNDS 280,236 270,241

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ALUMINIUM SERVICE COMPANY
(WARWICK) LIMITED (REGISTERED NUMBER: 00390061)

BALANCE SHEET - continued
31 DECEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 June 2025 and were signed on its behalf by:




A M Brown - Director



J Brown - Director


ALUMINIUM SERVICE COMPANY
(WARWICK) LIMITED (REGISTERED NUMBER: 00390061)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Aluminium Service Company (Warwick) Limited is a private company limited by shares. The company is registered in England under number 00390061 and the address of the registered office is Barclays Bank Chambers, Stratford-upon-Avon, CV37 6AH. The company's place of business is Millers Road, Warwick, CV34 5AE.

2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

ALUMINIUM SERVICE COMPANY
(WARWICK) LIMITED (REGISTERED NUMBER: 00390061)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a Workplace Pensions scheme for all employees. The company's contributions are charged to the profit and loss account as they accrue.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 13 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024
and 31 December 2024 2,866,956
DEPRECIATION
At 1 January 2024 2,768,679
Charge for year 15,345
At 31 December 2024 2,784,024
NET BOOK VALUE
At 31 December 2024 82,932
At 31 December 2023 98,277

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 142,323 277,691
Other debtors 27,151 22,590
169,474 300,281

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 82,796 87,845
Amounts owed to group undertakings 326,244 267,485
Taxation and social security 14,189 60,959
Other creditors 79,534 85,659
502,763 501,948

ALUMINIUM SERVICE COMPANY
(WARWICK) LIMITED (REGISTERED NUMBER: 00390061)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is ASCW Ltd.