diff --git a/charts/alfresco-common/Chart.yaml b/charts/alfresco-common/Chart.yaml
index 3ecbfe47..7f9c7ab5 100644
--- a/charts/alfresco-common/Chart.yaml
+++ b/charts/alfresco-common/Chart.yaml
@@ -5,7 +5,7 @@ description: |
   A helper subchart to avoid duplication in alfresco charts and set common
   external dependencies
 type: library
-version: 3.0.0
+version: 3.1.0
 dependencies:
   - name: common
     repository: oci://registry-1.docker.io/bitnamicharts
diff --git a/charts/alfresco-common/README.md b/charts/alfresco-common/README.md
index 67245179..c7a1aa93 100644
--- a/charts/alfresco-common/README.md
+++ b/charts/alfresco-common/README.md
@@ -1,6 +1,6 @@
 # alfresco-common
 
-![Version: 3.0.0](https://img.shields.io/badge/Version-3.0.0-informational?style=flat-square) ![Type: library](https://img.shields.io/badge/Type-library-informational?style=flat-square)
+![Version: 3.1.0](https://img.shields.io/badge/Version-3.1.0-informational?style=flat-square) ![Type: library](https://img.shields.io/badge/Type-library-informational?style=flat-square)
 
 A helper subchart to avoid duplication in alfresco charts and set common
 external dependencies