Cron AI Ltd

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

Registered number: 12885423

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		32,732		37,625
Tangible Assets	5		1,706		3,324

			34,438		40,949
CURRENT ASSETS
Debtors	6	88,849		38,053
Cash at bank and in hand		5,758		1,144

		94,607		39,197
Creditors: Amounts Falling Due Within One Year	7	(4,373,986 )		(4,341,992 )

NET CURRENT ASSETS (LIABILITIES)			(4,279,379 )		(4,302,795 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(4,244,941 )		(4,261,846 )

NET LIABILITIES			(4,244,941 )		(4,261,846 )

CAPITAL AND RESERVES
Called up share capital	8		1,002		1,002
Profit and Loss Account			(4,245,943 )		(4,262,848 )

SHAREHOLDERS' FUNDS			(4,244,941)		(4,261,846)

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Cron AI Ltd

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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

18 September 2026

The notes on pages 3 to 5 form part of these 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 company's ongoing operations are financially supported by its parent company, Cron Systems PVT Ltd, which will continue to provide the company with the financial support necessary to enable it to meet its liabilities as they fall due and to continue its operations for the foreseeable future.

The directors have considered the company's cash flow forecasts and the financial support available from the parent company and are satisfied that the company has adequate resources to continue in operational existence for the foreseeable future.

Accordingly, the directors consider it appropriate to prepare the financial statements on a going concern basis.

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.

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Cron AI Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2025: 9)

4. Intangible Assets

	Patents
	£
Cost
As at 1 April 2025	48,926

As at 31 March 2026	48,926

Amortisation
As at 1 April 2025	11,301
Provided during the period	4,893

As at 31 March 2026	16,194

Net Book Value
As at 31 March 2026	32,732

As at 1 April 2025	37,625

5. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 April 2025	47,422

As at 31 March 2026	47,422

...CONTINUED

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Cron AI Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

Depreciation
As at 1 April 2025	44,098
Provided during the period	3,686
Disposals	(2,068 )

As at 31 March 2026	45,716

Net Book Value
As at 31 March 2026	1,706

As at 1 April 2025	3,324

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	33,954	14,307
Other debtors	54,895	23,746

	88,849	38,053

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	189,531	103,285
Bank loans and overdrafts	25,030	27,018
Convertible loans	856,816	1,121,597
Amounts owed to group undertakings	2,413,829	2,029,370
Other creditors	675,937	929,558
Taxation and social security	212,843	131,164

	4,373,986	4,341,992

8. Share Capital

	2026	2025
	£	£
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 £2,413,829 (2025: £2,029,370) was owed to the parent company. The balance is unsecured, interest bearing at 8.5%, and is repayable on demand.

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