Aluminium Contracts Limited


Directors	Robert Alexander Brunero
	Maria Ann Wickham


Registered Address	Unit 6, Queen's Park Industrial Estate
	Studland Road
	Northampton
	NN2 6NA


Registered Number	03867561 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		94		187
			94		187
Current assets
Stocks	4	93,160		126,989
Debtors	5	224,202		63,955
Cash at bank and on hand		11,356		25,322
		328,718		216,266
Creditors amounts falling due within one year	6	(313,771)		(216,313)
Net current assets (liabilities)			14,947		(47)
Total assets less current liabilities			15,041		140
Net assets			15,041		140
Capital and reserves
Called up share capital			120,000		120,000
Profit and loss account			(104,959)		(119,860)
Shareholders' funds			15,041		140

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 23 December 2025, and are signed on its behalf by:

Maria Ann Wickham
Director
Registered Company No. 03867561

Aluminium Contracts Limited

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	At 31st March 2025, the company had negative profit and loss reserves of £104,959 (2024: £119,860), which may indicate that the company will not have sufficient funds to continue trading. However, the company is supported by it's fellow subsidiary, Axis Entrance Systems Limited, and there is no current intention that this funding will be withdrawn.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Defined contribution pension plan
	The company operates a defined contribution benefit scheme. The assets of the funds are held separately from those of the company in independently administered funds.The pension cost charged represents contributions due by the company and amounted to £2,691 (2024: £3,533). There are unpaid contributions outstanding at the year end of £50.82 (2024: £44.79)

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Plant and machinery	25
	Fixtures and fittings	25
	Vehicles	25

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	3		4

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Total
	£	£	£	£
Cost or valuation
At 01 April 24	19,497	11,850	2,417	33,764
Disposals	-	(2,250)	(2,043)	(4,293)
At 31 March 25	19,497	9,600	374	29,471
Depreciation and impairment
At 01 April 24	19,497	11,850	2,230	33,577
Charge for year	-	-	93	93
On disposals	-	(2,250)	(2,043)	(4,293)
At 31 March 25	19,497	9,600	280	29,377
Net book value
At 31 March 25	-	-	94	94
At 31 March 24	-	-	187	187

4.	Stocks

	2025	2024
	£	£
Finished goods	93,160	126,989
Total	93,160	126,989

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	203,378	60,041
Amounts owed by associates and joint ventures / participating interests	-	1,062
Other debtors	12,008	2,852
Deferred tax asset, debtors	8,816	-
Total	224,202	63,955

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	72,851	65,027
Bank borrowings and overdrafts	33,723	8,244
Amounts owed to related parties	199,974	137,391
Taxation and social security	3,034	3,576
Other creditors	2,090	125
Accrued liabilities and deferred income	2,099	1,950
Total	313,771	216,313

7.	Related party transactions
	As the company is a wholly owned subsidiary of Axis Group Holdings Ltd, advantage has been taken of the exemption offered by Section 33.1A of FRS 102 from the requirement to disclose transactions with other wholly owned group entities.

8.	Controlling party
	The company is under the control of the parent company Axis Group Holdings Ltd and its registered office is Unit 6, Queen's Park Estate, Studland Road, Northampton, NN2 6NA.