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Registered number: 12885423
Cron AI Ltd
Financial Statements
For The Year Ended 31 March 2025
Harris & Company (C.A.) Limited
Cron AI Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Cron AI Ltd
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 12885423

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 37,625 |  | 26,176
Tangible Assets | 5 |  | 3,324 |  | 15,179
|  |  | 40,949 |  | 41,355
CURRENT ASSETS
Debtors | 6 | 38,053 |  | 53,763 |
Cash at bank and in hand |  | 1,144 |  | 273,403 |
|  | 39,197 |  | 327,166 |
Creditors: Amounts Falling Due Within One Year | 7 | (4,341,992 ) |  | (3,387,011 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (4,302,795 ) |  | (3,059,845 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (4,261,846 ) |  | (3,018,490 )
NET LIABILITIES |  |  | (4,261,846 ) |  | (3,018,490 )
CAPITAL AND RESERVES
Called up share capital | 8 |  | 1,002 |  | 1,002
Profit and Loss Account |  |  | (4,262,848 ) |  | (3,019,492 )
SHAREHOLDERS' FUNDS |  |  | (4,261,846) |  | (3,018,490)

Page 1
Page 2
Cron AI Ltd
Balance Sheet (continued)
As At 31 March 2025
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr Tushar Chhabra Director
13 February 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Cron AI Ltd
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Cron AI Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12885423 . The registered office is 4-6 Canfield Place, London, NW6 3BT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. Therfore, the going concern basis remains appropriate.
2.3. Turnover
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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are patents. It is amortised to the profit and loss account over its estimated economic life of 10 years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment | 25% on a straight-line basis

2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Page 3
Page 4
Cron AI Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2024: 9)
9 9
4. Intangible Assets

| Other
--- | ---
| £
Cost
As at 1 April 2024 | 32,584
Additions | 16,342
As at 31 March 2025 | 48,926
Amortisation
As at 1 April 2024 | 6,408
Provided during the period | 4,893
As at 31 March 2025 | 11,301
Net Book Value
As at 31 March 2025 | 37,625
As at 1 April 2024 | 26,176

5. Tangible Assets

| Computer Equipment
--- | ---
| £
Cost
As at 1 April 2024 | 47,422
As at 31 March 2025 | 47,422
Depreciation
As at 1 April 2024 | 32,243
Provided during the period | 11,855
As at 31 March 2025 | 44,098
Net Book Value
As at 31 March 2025 | 3,324
As at 1 April 2024 | 15,179

Page 4
Page 5
Cron AI Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 14,307 |  | 24,665
Other debtors | 23,746 |  | 29,098
| 38,053 |  | 53,763

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 103,285 |  | 203,547
Bank loans and overdrafts | 27,018 |  | -
Convertible loans | 1,121,597 |  | 798,179
Amounts owed to group undertakings | 2,029,370 |  | 2,153,709
Other creditors | 929,558 |  | 82,800
Taxation and social security | 131,164 |  | 148,776
| 4,341,992 |  | 3,387,011

8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1,002 |  | 1,002

9. Related Party Transactions
The company is a wholly owned subsidiary of Cron Systems PVT Ltd , a company incorporated in India.
At the year end, the balance in the Balance Sheet of £2,029,370 (2024: £2,153,709) was owed to the parent company. The balance is unsecured, interest bearing at 8.5%, and is repayable on demand.
Page 5