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Registered number:
For the Year Ended
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GEO.AKINS(HOLDINGS)LIMITED
Company Information
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GEO.AKINS(HOLDINGS)LIMITED
Contents
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GEO.AKINS(HOLDINGS)LIMITED
Strategic Report
For the Year Ended 31 December 2025
We aim to present a balanced and comprehensive review of the performance and development of the business during and at the end of the year, consistent with its size and complexity; and in the context of risks and uncertainties that we face.
This is the holding company for the leisure group.
The company continues as a holding company for the leisure business and a more detailed review can be found in the DHP Family Ltd financial statements which are available from 2 Lace Market Square, Nottingham, NG1 1PB.
Risks include those commercial in nature relating to the group's subsidiary businesses. Competitive pressure in the UK is a continuing risk for the group as well as changes in consumer taste, and the downturn in the national economic landscape. The group manages this risk by providing innovative solutions and outstanding quality.
The profit before tax for the year is £485,301 (2024: 805,822).
Under section 172(1) of the Companies Act 2006, the directors have a duty to act in good faith and in a way that would be most likely to promote the success of the company for the benefit of its shareholder whilst having regard to matters set out in S172(1) (a-f) of the Act.
To discharge their section 172(1) duties, the directors have had regard to the factors set out in S172(1) (a-f) of the Act in making the principal decisions taken by the company. The company is the parent of DHP Family Ltd, has no employees and is a micro entity when considered on a single entity basis. The directors consider that it is sufficient to disclose within DHP Family Limited and at a group level within the ultimate parent company accounts of SJC 15 Limited, details in regard to performing their duties under S172(1). All directors' decisions were made to promote the long term success of both the company and its ultimate parent company and were in line with the strategic goals and objectives of the group.
This report was approved by the board and signed on its behalf.
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GEO.AKINS(HOLDINGS)LIMITED
Directors' Report
For the Year Ended 31 December 2025
The directors present their report and the financial statements for the year ended 31 December 2025.
The directors are responsible for preparing the Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations.
In preparing these financial statements, the directors are required to:
∙select suitable accounting policies for the company's financial statements and then apply them consistently;
∙make judgments and accounting estimates that are reasonable and prudent;
∙state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The profit for the year, after taxation, amounted to £485,301 (2024 - £805,822).
The directors recommend no final dividend for the year ended 31 December 2025 (2024: £nil). During the year dividends of £500,000 (2024: £850,000) were paid.
The directors who served during the year were:
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GEO.AKINS(HOLDINGS)LIMITED
Directors' Report (continued)
For the Year Ended 31 December 2025
The auditors, PKF Smith Cooper Audit Limited, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.
This report was approved by the board on
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GEO.AKINS(HOLDINGS)LIMITED
Independent Auditors' Report to the Members of GEO.AKINS(HOLDINGS)LIMITED
We have audited the financial statements of GEO.AKINS(HOLDINGS)LIMITED (the 'company') for the year ended 31 December 2025, which comprise the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' Report thereon. The directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
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GEO.AKINS(HOLDINGS)LIMITED
Independent Auditors' Report to the Members of GEO.AKINS(HOLDINGS)LIMITED (continued)
In our opinion, based on the work undertaken in the course of the audit:
∙the information given in the Strategic Report and the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
∙the Strategic Report and the Directors' Report have been prepared in accordance with applicable legal requirements.
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Directors' Report.
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GEO.AKINS(HOLDINGS)LIMITED
Independent Auditors' Report to the Members of GEO.AKINS(HOLDINGS)LIMITED (continued)
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Based on our understanding of the company and industry, we identify the key laws and regulations affecting the company. We identified that the principal risk of fraud or non-compliance with laws and regulations related to: • management bias in respect of accounting estimates and judgements made; • management override of control; • posting of unusual journals or transactions. We focussed on those areas that could give rise to a material misstatement in the company financial statements. Our procedures included, but were not limited to: • Enquiry of management and those charged with governance around actual and potential litigation and claims, including instances of non-compliance with laws and regulations and fraud; • Reviewing legal expenditure in the year to identify instances of non-compliance with laws and regulations and fraud; • Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations; • Performing audit work over the risk of management override of controls, including testing of journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewing accounting estimates for bias. It is the primary responsibility of management, with the oversight of those charged with governance, to ensure that the entity's operations are conducted in accordance with the provisions of laws and regulations and for the prevention and detection of fraud.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report.
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GEO.AKINS(HOLDINGS)LIMITED
Independent Auditors' Report to the Members of GEO.AKINS(HOLDINGS)LIMITED (continued)
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members, as a body, for our audit work, for this report, or for the opinions we have formed.
for and on behalf of
Statutory Auditors
2 Lace Market Square
NG1 1PB
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GEO.AKINS(HOLDINGS)LIMITED
Statement of Comprehensive Income
For the Year Ended 31 December 2025
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GEO.AKINS(HOLDINGS)LIMITED
Registered number: 00831972
Balance Sheet
As at
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 11 to 18 form part of these financial statements.
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GEO.AKINS(HOLDINGS)LIMITED
Statement of Changes in Equity
For the Year Ended 31 December 2025
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GEO.AKINS(HOLDINGS)LIMITED
Notes to the Financial Statements
For the Year Ended 31 December 2025
1.Accounting policies
Geo Akins (Holdings) Limited is a private company limited by shares and incorporated in England within the United Kingdom. The address of the registered office is given in the company information of these financial statements. The company's registration number is 00831972. The nature of the company’s operations and principal activities are a holding company for the leisure group.
The financial statements have been prepared in accordance with applicable accounting standards including Financial Reporting Standard 102 The Financial Reporting Standard Applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The financial statements have been prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The company is itself a subsidiary company and is exempt from the requirement to prepare group financial statements by virtue of section 400 of the Companies Act 2006. The financial statements therefore present information about the company as an individual undertaking and not about its group. The financial statements are prepared in Sterling which is the functional currency of the company and have been rounded to the nearest £1. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
∙the requirements of Section 7 Statement of Cash Flows;
∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d);
∙the requirements of Section 33 Related Party Disclosures paragraph 33.7.
This information is included in the consolidated financial statements of SJC 15 Limited as at 31 December 2025 and these financial statements may be obtained from 2 Lace Market Square, Nottingham, NG1 1PB.
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GEO.AKINS(HOLDINGS)LIMITED
Notes to the Financial Statements
For the Year Ended 31 December 2025
1.Accounting policies (continued)
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GEO.AKINS(HOLDINGS)LIMITED
Notes to the Financial Statements
For the Year Ended 31 December 2025
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GEO.AKINS(HOLDINGS)LIMITED
Notes to the Financial Statements
For the Year Ended 31 December 2025
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GEO.AKINS(HOLDINGS)LIMITED
Notes to the Financial Statements
For the Year Ended 31 December 2025
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GEO.AKINS(HOLDINGS)LIMITED
Notes to the Financial Statements
For the Year Ended 31 December 2025
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GEO.AKINS(HOLDINGS)LIMITED
Notes to the Financial Statements
For the Year Ended 31 December 2025
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GEO.AKINS(HOLDINGS)LIMITED
Notes to the Financial Statements
For the Year Ended 31 December 2025
Share premium account
Capital redemption reserve
Profit and loss account
Included in other creditors due within one year are loans from directors, amounting to £597,167 (2024: £597,167).
During the year the company accrued interest of £Nil (2024: £Nil) in respect of these loans.
The company's ultimate parent undertaking is SJC 15 Limited.
The largest group in which the results of the company are consolidated is SJC 15 Limited. Consolidated financial statements are available from 2 Lace Market Square, Nottingham, NG1 1PB. The company is ultimately controlled by GH Akins (Jnr) and SPD Akins by virtue of their joint shareholding in SJC 15 Limited.
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