Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.26 2024-04-01 false 28 true true false 01128843 2024-04-01 2025-03-31 01128843 2023-04-01 2024-03-31 01128843 2025-03-31 01128843 2024-03-31 01128843 2023-04-01 01128843 c:Director1 2024-04-01 2025-03-31 01128843 c:Director3 2024-04-01 2025-03-31 01128843 d:Buildings 2024-04-01 2025-03-31 01128843 d:Buildings 2025-03-31 01128843 d:Buildings 2024-03-31 01128843 d:Buildings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 01128843 d:PlantMachinery 2024-04-01 2025-03-31 01128843 d:PlantMachinery 2025-03-31 01128843 d:PlantMachinery 2024-03-31 01128843 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 01128843 d:MotorVehicles 2024-04-01 2025-03-31 01128843 d:MotorVehicles 2025-03-31 01128843 d:MotorVehicles 2024-03-31 01128843 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 01128843 d:OfficeEquipment 2024-04-01 2025-03-31 01128843 d:OfficeEquipment 2025-03-31 01128843 d:OfficeEquipment 2024-03-31 01128843 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 01128843 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 01128843 d:CurrentFinancialInstruments 2025-03-31 01128843 d:CurrentFinancialInstruments 2024-03-31 01128843 d:Non-currentFinancialInstruments 2025-03-31 01128843 d:Non-currentFinancialInstruments 2024-03-31 01128843 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 01128843 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 01128843 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 01128843 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 01128843 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-03-31 01128843 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 01128843 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-03-31 01128843 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-31 01128843 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2025-03-31 01128843 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-03-31 01128843 d:ShareCapital 2025-03-31 01128843 d:ShareCapital 2024-03-31 01128843 d:RevaluationReserve 2024-04-01 2025-03-31 01128843 d:RevaluationReserve 2025-03-31 01128843 d:RevaluationReserve 2024-03-31 01128843 d:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 01128843 d:RetainedEarningsAccumulatedLosses 2025-03-31 01128843 d:RetainedEarningsAccumulatedLosses 2024-03-31 01128843 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 01128843 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 01128843 d:TaxLossesCarry-forwardsDeferredTax 2025-03-31 01128843 d:TaxLossesCarry-forwardsDeferredTax 2024-03-31 01128843 d:OtherDeferredTax 2025-03-31 01128843 d:OtherDeferredTax 2024-03-31 01128843 d:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2024-04-01 2025-03-31 01128843 d:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2025-03-31 01128843 d:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2024-03-31 01128843 c:OrdinaryShareClass1 2024-04-01 2025-03-31 01128843 c:OrdinaryShareClass1 2025-03-31 01128843 c:OrdinaryShareClass1 2024-03-31 01128843 c:FRS102 2024-04-01 2025-03-31 01128843 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 01128843 c:FullAccounts 2024-04-01 2025-03-31 01128843 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 01128843 d:WithinOneYear 2025-03-31 01128843 d:WithinOneYear 2024-03-31 01128843 d:BetweenOneFiveYears 2025-03-31 01128843 d:BetweenOneFiveYears 2024-03-31 01128843 d:HirePurchaseContracts d:WithinOneYear 2025-03-31 01128843 d:HirePurchaseContracts d:WithinOneYear 2024-03-31 01128843 d:HirePurchaseContracts d:BetweenOneFiveYears 2025-03-31 01128843 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-03-31 01128843 6 2024-04-01 2025-03-31 01128843 e:PoundSterling 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 01128843 3 D ALUMINIUM PLAS LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
3 D ALUMINIUM PLAS LIMITED REGISTERED NUMBER: 01128843 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible fixed assets |  |  | 1,576,276 |  | 1,695,675
Investments | 6 |  | 5,000 |  | 5,000
|  |  | 1,581,276 |  | 1,700,675
Current assets |  |  |  |  |
Stocks | 7 | 230,853 |  | 35,500 |
Debtors: amounts falling due within one year | 8 | 6,718,987 |  | 6,323,218 |
Cash at bank and in hand |  | 135,559 |  | 131,644 |
|  | 7,085,399 |  | 6,490,362 |
Creditors: amounts falling due within one year | 9 | (1,760,468) |  | (1,163,143) |
Net current assets |  |  | 5,324,931 |  | 5,327,219
Total assets less current liabilities |  |  | 6,906,207 |  | 7,027,894
Creditors: amounts falling due after more than one year | 10 |  | (957,855) |  | (1,038,121)
Provisions for liabilities |  |  |  |  |
Deferred tax | 13 | (250,435) |  | (299,895) |
Warranty provision |  | (104,036) |  | (114,496) |
|  |  | (354,471) |  | (414,391)
Net assets |  |  | 5,593,881 |  | 5,575,382
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 5,000 |  | 5,000
Revaluation reserve | 16 |  | 937,009 |  | 937,009
Profit and loss account | 16 |  | 4,651,872 |  | 4,633,373
|  |  | 5,593,881 |  | 5,575,382
Page 1
3 D ALUMINIUM PLAS LIMITED REGISTERED NUMBER: 01128843 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025 The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
G P M McCartan | B Matthews
Director | Director
Date: 22 October 2025 | Date: 22 October 2025
The notes on pages 3 to 13 form part of these financial statements. Page 2
3 D ALUMINIUM PLAS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
3 D Aluminium Plas Limited is a private company limited by shares, incorporated in the United Kingdom and registered in England and Wales with company number 01128843. The registered office is 3 Horace House, Oakfield Industrial Estate, Eynsham, Oxfordshire, OX29 4TX. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies (see note 3). The financial statements are rounded to the nearest pound Sterling, the functional and presentational currency of the Company. The following principal accounting policies have been applied:
| 2.2 | Going concern
The financial statements have been prepared on a going concern basis which assumes the Company will have sufficient funds to continue to pay its debts as and when they fall due and thus continue to trade. After making enquiries, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future based on its forecasts and projections. In making their assessment, the Directors have considered a period of at least 12 months from the date of signing these financial statements.
| 2.3 | Revenue
Turnover comprises revenue and is recognised by the Company when the risks and rewards associated with the goods and services have been transferred to the purchaser. These occur when all the following conditions are met: evidence of a binding agreement exists (generally, signed contracts), products have been delivered or services have been rendered, there is no future performance required and amounts are collectable under normal payment terms. Retentions are recognised when the 'Defect Period' has expired and upon receipt of a certificate of 'Practical Completion' in accordance with contract terms. Turnover represents the net amounts charged or chargeable in respect of services rendered and goods supplied, excluding value added tax and discounts given to the customer. Turnover on longterm contracts is recognised as the value of measured works, claims and variations on contracts in the year, based on the stage of completion. Claims and variations are only recognised where they have been agreed with the customer. Where it is foreseen that a loss will arise to the Company on a long-term contract, full provision is made for that loss during the year. Page 3
3 D ALUMINIUM PLAS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.4 | Tangible fixed assets
The company has taken advantage of the optional exemption provided by section 35.10 (d) of FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and elected to use a fair value of freehold land and buildings as its deemed cost on the date of transition to FRS 102 being 1 April 2014. The assessed fair value is based on a professional valuation undertaken on 9 December 2013 by DTZ Debenham Tie Leung Limited in accordance with the valuation standards of the Royal Institution of Chartered Surveyors. The Directors have estimated the useful economic life of the buildings to be 50 years from the transition date of 1 April 2014. Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is provided on the following basis:
|  |  |  | Freehold property | - | 2% | straight line
|  |  |  | Plant and machinery | - | 25% | straight line
|  |  |  | Motor vehicles | - | 25% | straight line
|  |  |  | Office equipment | - | 25% | straight line
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Comprehensive Income.
| 2.5 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment.
| 2.6 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
| 2.7 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment. Page 4
3 D ALUMINIUM PLAS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.8 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.9 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.10 | Finance leases
Where the Company enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease. The asset is recorded in the Balance Sheet as a tangible fixed asset and is depreciated in accordance with the above depreciation policies. Future instalments under such leases, net of finance charges, are included with creditors. Rentals payable are apportioned between the finance element, which is charged to the Statement of Comprehensive Income on a straight line basis, and the capital element which reduces the outstanding obligation for future instalments.
| 2.11 | Leased assets: the Company as lessee
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
| 2.12 | Pensions
Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.
| 2.13 | Government grants
Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income. Grants of a revenue nature are recognised in the Statement of Comprehensive Income in the same period as the related expenditure. Page 5
3 D ALUMINIUM PLAS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.14 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss.
| 2.15 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Page 6
3 D ALUMINIUM PLAS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
3. | Judgements in applying accounting policies and key sources of estimation uncertainty
In applying the Company's accounting policies, the Directors are required to make judgements, estimates and assumptions in determining the carrying amounts of assets and liabilities. The Directors' judgements, estimates and assumptions are based on the best and most reliable evidence available at the time when the decisions are made and are based on historical experience and other factors that are considered to be applicable. Due to the inherent subjectivity involved in making such judgements, estimates and assumptions, the actual results and outcomes may differ. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. Critical judgements in applying the Company's accounting policies The critical judgements that the Directors have made in the process of applying the Company's accounting policies that have the most significant effect on the amounts recognised in the statutory financial statements are discussed below. Assessing indicators of impairment In assessing whether there have been any indicators of impaired assets, the Directors have considered both external and internal sources of information such as market conditions, counterparty credit ratings and experience of recoverability. There have been no indicators of impairments identified during the current financial year. Key sources of estimation uncertainty The key assumptions concerning the future and other key sources of estimation uncertainty, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are discussed below. Recoverability of receivables The Company establishes a provision for receivables that are estimated not to be recoverable. When assessing recoverability the Directors consider factors such as the ageing of the receivables, past experience of recoverability and the credit profile of individual or groups of customers. Determining the stock provision The Company provides stock provisions on slow moving and obsolete stock. Management undertake an assessment of which stocks are no longer economically feasible, based on seasonal and consumer performance, before allocating the necessary provisions to bring the stock valuation in line with the accounting policy stated above. Determining residual values and useful economic lives of tangible fixed assets The Company depreciates tangible fixed assets over their estimated useful lives. The estimation of the useful lives of assets is based on historic performance as well as expectations about future use and therefore requires estimates and assumptions to be applied by management. The actual lives of these assets can vary depending on a variety of factors, including technological innovation, product life cycles and maintenance programmes. Judgement is applied by management when determining the residual values for plant, machinery and equipment. When determining the residual value, management aim to assess the amount that the company would currently obtain for the disposal of the asset if it were already of the condition expected at the end of its useful economic life. Where possible this is done with reference to external market prices. Warranty provision The Company offers warranty services to its customers. The Directors assess the provision in respect of warranty claims on the basis of past experiences and actual claims received. The actual costs incurred on warranties can vary from the estimations made by the Directors. Page 7
3 D ALUMINIUM PLAS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Employees
| The average monthly number of employees, including the Directors, during the year was as follows:
|  |  | 2025 | 2024
|  |  | No. | No.
|  | Staff | 28 | 26
5. | Tangible fixed assets
|  | Freehold property | Plant and machinery | Motor vehicles | Office equipment | Total
|  | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |
| At 1 April 2024 | 1,480,000 | 616,845 | 265,704 | 35,286 | 2,397,835
| Additions | - | - | 22,280 | 1,983 | 24,263
| At 31 March 2025 | 1,480,000 | 616,845 | 287,984 | 37,269 | 2,422,098
| Depreciation |  |  |  |  |
| At 1 April 2024 | 148,000 | 501,064 | 22,295 | 30,801 | 702,160
| Charge for the year on owned assets | 14,800 | 55,665 | 71,532 | 1,665 | 143,662
| At 31 March 2025 | 162,800 | 556,729 | 93,827 | 32,466 | 845,822
| Net book value |  |  |  |  |
| At 31 March 2025 | 1,317,200 | 60,116 | 194,157 | 4,803 | 1,576,276
| At 31 March 2024 | 1,332,000 | 115,781 | 243,409 | 4,485 | 1,695,675
6. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost or valuation |
| At 1 April 2024 | 5,000
| At 31 March 2025 | 5,000
Page 8
3 D ALUMINIUM PLAS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
7. | Stocks
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Work in progress (goods to be sold) | 230,853 | 35,500
8. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 747,287 | 97,237
| Amounts owed by group undertakings | 5,704,558 | 5,657,558
| Other debtors | 32,692 | -
| Prepayments and accrued income | 234,450 | 568,423
|  | 6,718,987 | 6,323,218
| Amounts owed by group undertakings are unsecured, non-interest bearing and repayable on demand.
9. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 48,000 | 48,000
| Trade creditors | 651,681 | 707,497
| Corporation tax | 88,215 | 77,276
| Other taxation and social security | 43,631 | 56,523
| Obligations under finance lease and hire purchase contracts | 122,668 | 123,439
| Other creditors | 38,659 | 12,870
| Accruals and deferred income | 767,614 | 137,538
|  | 1,760,468 | 1,163,143
| The Company has an agreement dated 27 August 2003 with The Royal Bank of Scotland which holds a debenture charge over all current and future fixed and floating assets of the Company. The Royal Bank of Scotland also has a legal charge dated 27 August 2003 over the Company's premises in Stanton Harcourt Road, Eynsham.
Page 9
3 D ALUMINIUM PLAS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
10. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 835,553 | 860,765
| Net obligations under finance leases and hire purchase contracts | 122,302 | 177,356
|  | 957,855 | 1,038,121
| See note 15 for details of securities.
11. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 48,000 | 48,000
| Amounts falling due 1-2 years |  |
| Bank loans | 48,000 | 48,000
| Amounts falling due 2-5 years |  |
| Bank loans | 144,000 | 144,000
| Amounts falling due after more than 5 years |  |
| Bank loans | 643,553 | 668,765
|  | 883,553 | 908,765
12. | Hire purchase and finance leases
| Minimum lease payments under hire purchase fall due as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Within one year | 122,668 | 123,439
| Between 1-5 years | 122,302 | 177,356
|  | 244,970 | 300,795
Page 10
3 D ALUMINIUM PLAS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
13. | Deferred taxation
|  | 2025 | 2024
|  | £ | £
| At beginning of year | (299,895) | (301,078)
| Charged to profit or loss | 49,460 | 1,183
| At end of year | (250,435) | (299,895)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Fixed asset timing differences | (64,769) | (113,419)
| Short term timing differences | 5,511 | 4,700
| Capital gains/losses | (191,177) | (191,176)
|  | (250,435) | (299,895)
14. | Provisions
|  | Warranty provision
|  | £
| At 1 April 2024 | 114,496
| Utilised in year | (10,460)
| At 31 March 2025 | 104,036
| The Company provides for warranties on its sales to customers. Warranties are charged based on the Directors' estimations of costs to be incurred and are released in line with the warranty services undertaken.
15. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 20,000 (2024 - 20,000) Ordinary shares of £0.25 each | 5,000 | 5,000
Page 11
3 D ALUMINIUM PLAS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
16. | Reserves
Revaluation reserve This reserve represents the revaluation gain on freehold land and buildings less the annual transfers to the profit and loss reserve for the additional depreciation charged on the revalued amount (now deemed cost) in comparison to the historical cost depreciation charge, as adjusted for any movement in deferred taxation thereon. Profit and loss account This reserve includes all current and prior period retained profits and losses.
17. | Contingent liabilities
The Company is party to a group overdraft facility which is secured by a debenture on the assets of the Group. The total overdraft at 31 March 2025 was £nil (2024: £nil).
18. | Pension commitments
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £15,607 (2024: £14,763). Contributions of £6,655 (2024: £6,373) were payable to the fund at the balance sheet date.
19. | Commitments under operating leases
| At 31 March 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Not later than 1 year | 69,189 | 35,945
| Later than 1 year and not later than 5 years | 8,504 | 19,189
|  | 77,693 | 55,134
Page 12
3 D ALUMINIUM PLAS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
20. | Related party transactions
| The Company has taken advantage of the disclosure exemption available under FRS 102 Section 33.1A not to disclose transactions entered into between 100% owned group companies.
21. | Controlling party
The Company's immediate parent company is Eynsham Group Limited, a company registered in England and Wales. The ultimate parent company is Eynsham Fenestration Holdings Limited. Copies of the accounts for Eynsham Fenestration Holdings Limited can be obtained from the Registrar of Companies, Companies House, Crown Way, Cardiff, CF14 3UZ.
Page 13