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REGISTERED NUMBER: 12208495 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

IRON PARADISE LIMITED

TRADING AS

IRON KINGDOM

IRON PARADISE LIMITED (REGISTERED NUMBER: 12208495)

TRADING AS IRON KINGDOM

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

IRON PARADISE LIMITED

TRADING AS IRON KINGDOM

COMPANY INFORMATION

FOR THE YEAR ENDED 30 JUNE 2025

| DIRECTORS: | T C Beswick

| M A Lever

| REGISTERED OFFICE: | Unit 2 & 3 Courtyard 3, Wentworth Road

| Mapplewell

| Barnsley

| South Yorkshire

| S75 6DT

| REGISTERED NUMBER: | 12208495 (England and Wales)

| ACCOUNTANTS: | Gibson Booth Limited

| 12 Victoria Road

| Barnsley

| South Yorkshire

| S70 2BB

IRON PARADISE LIMITED (REGISTERED NUMBER: 12208495)

TRADING AS IRON KINGDOM

BALANCE SHEET

30 JUNE 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 31,286 |  | 21,921 |  |

CURRENT ASSETS

Stocks | 100 |  | 100 |  |

Debtors | 5 | 1,808 |  | - |  |

Cash at bank and in hand | 13,895 |  | 7,718 |  |

15,803 |  | 7,818 |  |

CREDITORS

Amounts falling due within one year | 6 | 5,967 |  | 12,454 |  |

NET CURRENT ASSETS/(LIABILITIES) | 9,836 |  | (4,636 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 41,122 |  | 17,285 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (18,110 | ) | (5,428 | ) |

PROVISIONS FOR LIABILITIES | (1 | ) | (1 | ) |

NET ASSETS | 23,011 |  | 11,856 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 100 |  | 100 |  |

Retained earnings | 22,911 |  | 11,756 |  |

SHAREHOLDERS' FUNDS | 23,011 |  | 11,856 |  |

IRON PARADISE LIMITED (REGISTERED NUMBER: 12208495)

TRADING AS IRON KINGDOM

BALANCE SHEET - continued

30 JUNE 2025

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 23 December 2025 and were signed on its behalf by:

M A Lever - Director

IRON PARADISE LIMITED (REGISTERED NUMBER: 12208495)

TRADING AS IRON KINGDOM

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

1. | STATUTORY INFORMATION

| Iron Paradise Limited 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.

| The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

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.

| Significant judgements and estimates

| No judgements have been made in the process of applying the below accounting policies that have had the most significant effect on amounts recognised in the financial statements.

| There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.

| When the outcome of a transaction can be estimated reliably, turnover from gym memberships is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to contract length.

| Tangible fixed assets

| Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

| Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

| Fixture & Fittings |  | - 15% reducing balance |  |

| Improvements to property |  | - 33% straight line |  |

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

IRON PARADISE LIMITED (REGISTERED NUMBER: 12208495)

TRADING AS IRON KINGDOM

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 JUNE 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

4. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures |

| to |  | and |

| property |  | fittings |  | Totals

£ | £ | £ |

| COST

| At 1 July 2024 | - |  | 35,722 |  | 35,722 |  |

| Additions | 4,701 |  | 8,856 |  | 13,557 |  |

| At 30 June 2025 | 4,701 |  | 44,578 |  | 49,279 |  |

| DEPRECIATION

| At 1 July 2024 | - |  | 13,801 |  | 13,801 |  |

| Charge for year | 515 |  | 3,677 |  | 4,192 |  |

| At 30 June 2025 | 515 |  | 17,478 |  | 17,993 |  |

| NET BOOK VALUE

| At 30 June 2025 | 4,186 |  | 27,100 |  | 31,286 |  |

| At 30 June 2024 | - |  | 21,921 |  | 21,921 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other debtors | 1,808 |  | - |  |

IRON PARADISE LIMITED (REGISTERED NUMBER: 12208495)

TRADING AS IRON KINGDOM

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 JUNE 2025

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 4,829 |  | 3,113 |  |

| Other creditors | - |  | 8,457 |  |

| Directors' current accounts | 358 |  | 223 |  |

| Accruals and deferred income | 780 |  | 661 |  |

5,967 |  | 12,454 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans - 1-2 years | 4,829 |  | 3,113 |  |

| Bank loans - 2-5 years | 13,281 |  | 2,315 |  |

18,110 |  | 5,428 |  |

8. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 | 2024 |

£ | £ |

| Within one year | 6,120 |  | - |  |

| Between one and five years | 6,120 |  | - |  |

12,240 |  | - |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

10. | RELATED PARTY DISCLOSURES

| Other related parties:

|  | 30.06.25 |  | 30.06.24 |  |

| £ |  | £ |  |

| Amounts owed to related parties |  | - |  | 8,457 |  |

| Amounts due from related parties |  | 1,808 |  |