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REGISTERED NUMBER: 12518335 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

Envisionit Deep AI Ltd

Envisionit Deep AI Ltd (Registered number: 12518335)

Contents of the Financial Statements

for the Year Ended 28 February 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

Envisionit Deep AI Ltd

Company Information

for the Year Ended 28 February 2025

| DIRECTORS: | A V Migatchev

| Dr J Naidoo

| K M Pitje

| V Naidu

| SECRETARY: | V Naidu

| REGISTERED OFFICE: | Coveham House

| Downside Bridge Road

| Cobham

| KT11 3EP

| REGISTERED NUMBER: | 12518335 (England and Wales)

| ACCOUNTANTS: | AccountLets

| Coveham House

| Downside Bridge Road

| Cobham

| Surrey

| KT11 3EP

Envisionit Deep AI Ltd (Registered number: 12518335)

Balance Sheet

28 February 2025

| 28.2.25 | 29.2.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 500,670 |  | 500,670 |  |

Investments | 5 | 10,000 |  | 10,000 |  |

510,670 |  | 510,670 |  |

CURRENT ASSETS

Debtors | 6 | 489,957 |  | 269,225 |  |

Cash at bank | 21,888 |  | 338,586 |  |

511,845 |  | 607,811 |  |

CREDITORS

Amounts falling due within one year | 7 | 338,022 |  | 316,416 |  |

NET CURRENT ASSETS | 173,823 |  | 291,395 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 684,493 |  | 802,065 |  |

CAPITAL AND RESERVES

Called up share capital | 1,725,104 |  | 1,575,100 |  |

Retained earnings | (1,040,611 | ) | (773,035 | ) |

684,493 |  | 802,065 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 October 2025 and were signed on its behalf by:

Dr J Naidoo - Director | A V Migatchev - Director

V Naidu - Director

Envisionit Deep AI Ltd (Registered number: 12518335)

Notes to the Financial Statements

for the Year Ended 28 February 2025

1. | STATUTORY INFORMATION

| Envisionit Deep AI Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Development costs are being amortised evenly over their estimated useful life of nil years.

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Envisionit Deep AI Ltd (Registered number: 12518335)

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

2. | ACCOUNTING POLICIES - continued

| Accounting policies

| Foreign currency transactions and balances

| Transactions in foreign currencies are initially recorded at the Functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

| Cash and cash equivalents

| Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

| Trade Debtors

| Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course or business.

| Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

| Trade Creditors

| Trade creditors are the obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

| Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2024 - 3 ) .

4. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| COST

| At 1 March 2024

| and 28 February 2025 | 500,670 |  |

| NET BOOK VALUE

| At 28 February 2025 | 500,670 |  |

| At 29 February 2024 | 500,670 |  |

Envisionit Deep AI Ltd (Registered number: 12518335)

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

5. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| At 1 March 2024

| and 28 February 2025 | 10,000 |  |

| NET BOOK VALUE

| At 28 February 2025 | 10,000 |  |

| At 29 February 2024 | 10,000 |  |

6. | DEBTORS

| 28.2.25 |  | 29.2.24

£ | £ |

| Amounts falling due within one year:

| Trade debtors | 11,141 |  | 6,341 |  |

| Other debtors | 139,630 |  | 12,884 |  |

150,771 |  | 19,225 |  |

| Amounts falling due after more than one year:

| Other debtors | 339,186 |  | 250,000 |  |

| Aggregate amounts | 489,957 |  | 269,225 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 28.2.25 |  | 29.2.24

£ | £ |

| Trade creditors | 320,162 |  | 260,847 |  |

| Taxation and social security | (22,705 | ) | - |  |

| Other creditors | 40,565 |  | 55,569 |  |

338,022 |  | 316,416 |  |

8. | SHARE CAPITAL

| Ordinary share are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial instrument is on a present value basis.