These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

A1 Guarantee Limited is a private company limited by shares incorporated in England and Wales. The registered office is 5th Floor West Bourn, 1 Manor House Drive, Coventry, CV1 2FX

The company's current year reporting period is 12 month period, ended 31 March 2025 and previous reporting period has changed to a 15-month period, ended on 31 March 2024, to align with the year end of the new ultimate parent company, Roadzen Inc.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

This company is a qualifying entity for the purposes of FRS 102, being a member of a group where the parent of that group prepares publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the assets, liabilities, financial position and profit or loss of the group. The company has therefore taken advantage of exemptions from the following disclosure requirements:

• Section 7 ‘Statement of Cash Flows’: Presentation of a statement of cash flow and related notes and disclosures;

• Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instrument Issues: Interest income/expense and net gains/losses for financial instruments not measured at fair value; basis of determining fair values; details of collateral, loan defaults or breaches, details of hedges, hedging fair value changes recognised in profit or loss and in other comprehensive income;

• Section 26 ‘Share based Payment’: Share-based payment expense charged to profit or loss, reconciliation of opening and closing number and weighted average exercise price of share options, how the fair value of options granted was measured, measurement and carrying amount of liabilities for cash-settled share-based payments, explanation of modifications to arrangements;

• Section 33 ‘Related Party Disclosures’: Compensation for key management personnel.

The financial statements of the company are consolidated in the financial statements of the ultimate parent, Roadzen Inc. These consolidated financial statements are available from its registered office, 111 Anza Blvd, Suite 109 Burlingame, California 94010 United States.

In February 2024, the Financial Conduct Authority (FCA) paused the sale of Guaranteed Assettrue Protection (GAP) policies, This regulatory intervention has significantly impacted the future revenue and operational performance of the parent company, Global Insurance Management Limited, as 90% of the administration support was provided for GAP products.

The cashflow forecast and budgets prepared by the company indicate that the revenues have decreased significantly.

The company acknowledges that the ongoing regulatory challenges and the success of securing new business opportunities introduce a degree of material uncertainty that may cast doubt on the company's ability to continue as a going concern. To ensure long-term sustainability, the company has initiated a restructuring program focused on cost reduction and operational efficiency. This includes transferring IT and Reporting operational functions to India and sourcing additional claims processing staff via India or South Africa. This strategic move will allow the company to scale the capacity to serve clients in various time zones and languages globally. Ultimately, this will lower costs, enhance competitiveness in non-English markets, and improve both customer satisfaction and productivity.

Though the ultimate parent company, Roadzen Inc., which is listed on NASDAQ (RDZN) is going through a downturn and has been incurring operating losses and negative cashflows, the ultimate parent company has mitigating plans to raise additional funding or new credit facilities. Additionally, Roadzen Inc. has reaffirmed its commitment to supporting the company's ongoing operational and financial requirements. This includes providing necessary funding and ensuring the settlement of outstanding payables. The Directors have obtained confirmation from the ultimate parent company regarding this financial support, which is expected to remain in place for the foreseeable future.

Based on these factors, the Directors believe that the company has sufficient resources to continue operating for at least 12 months from the date these financial statements are signed and consequently these financial statements have been prepared on a going-concern basis.

Turnover consists primarily of revenue from warranty programme administration.

The company recognizes revenue when it is probable that future economic benefits will flow to the company, specific criteria have been met for each of the company's activities and revenue can be reliably measured.

Warranty programme administration:

The company enters into a contract with OEM's (Original Equipment Manufacturer) primarily to administer the warranty programmes/ extended warranty schemes launched by OEM's. The company performs services of scheme administration under the contract. The company acts on behalf of the OEM's and accordingly is considered as agent for the purpose of recognizing revenue as the primary obligation to fulfil the extended warranty schemes is of the OEM's. The administration fees received from provision of warranty programme administration is recorded ratably over the tenure of contract which usually ranges from one year to seven years.

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's major sources of revenue are as follows:

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recoverable.

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

The tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

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 where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The average monthly number of persons (including directors) employed by the company during the year was:

Included within other debtors is amount owed by related party is £337,902 (2024 - £0).

Rights, preferences and restrictions

Ordinary £1 shares which are fully paid ordinary shares, which have a par value of £1, carry one vote per share and carry a right to dividends with no specific restrictions.

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

In our opinion the financial statements:

• give a true and fair view of the state of the company's affairs as at 31 March 2025 and of its profit for the year then ended;

• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

• have been prepared in accordance with the requirements of the Companies Act 2006.

Global Insurance Management Ltd (immediate parent entity)

During the period the entity accrued management charges of £323,482 (2024 - £503,391) to the parent entity. At the balance sheet date the amount due from Global Insurance Management Ltd was £337,902 (2024 - £112,617). The balance is interest free and repayable on demand. A dividend of £Nil (2024 - £123,742) was paid to Global Insurance Management Ltd in the period.

The ultimate parent is Roadzen Inc., incorporated in British Virgin Islands.

The company's immediate parent is Global Insurance Management Ltd, incorporated in England.

The largest and smallest senior parent entity producing publicly available financial statements is Roadzen Inc. These financial statements are available upon request from 111 Anza Blvd., Suite 109 Burlingame CA 94010.