Aus Action Sports Pty Ltd
FY25/26 YTD · Internal · Holstead
$76,000
Net profit
- Revenue
- $142,000
- COGS
- $28,000
- Expenses
- $38,000
- Tax provision
- $0
Phase 7 · Accounting
Group books
Hybrid bookkeeping — internal core for entities on Holstead, plus a read-only adapter for entities that stay on Xero or MYOB. Single P&L view across the consolidated group.
Group revenue YTD
$310,000
FY25/26 to date
Net profit
$152,500
49% margin
Intra-group eliminated
$9,600
Single-entity rule applied
Live ledgers
3
Entities with books today
Group-consolidated P&L
Walks the structure from Family Trust, sums in-scope P&Ls, then nets out executed intercompany services / IP / management / charge flows so the same dollar isn't double-counted. Phase 7 (real ledger) keeps the same shape — only the underlying numbers change.
Pre-elimination revenue
$310,000
Across 2 consolidated entities with P&L
Intercompany eliminated
$3,600
4 executed activities
Consolidated revenue
$306,400
Net $152,500 · 50% margin
Per-entity contribution to consolidated revenue
- Web Dev Pty Ltd$168,000 · 54%
Net $76,500 · 46% margin
- Aus Action Sports Pty Ltd$142,000 · 46%
Net $76,000 · 54% margin
Eliminated by activity type
- Services fee × 4$3,600
Eliminated activities (4)
- Aus Action Sports Pty Ltd → Web Dev Pty LtdServices fee$800
- Aus Action Sports Pty Ltd → Web Dev Pty LtdServices fee$800
- Aus Action Sports Pty Ltd → Web Dev Pty LtdServices fee$800
- Aus Action Sports Pty Ltd → Web Dev Pty LtdServices fee$1,200
Planned intercompany flows (3)
Will be netted out once status flips to executed / reconciled. Total to come: $22,000.
Multi-period P&L comparison
vs
| Entity | FY25/26 YTD revenue | FY24/25 revenue | Δ revenue | FY25/26 YTD net | FY24/25 net | Δ net |
|---|---|---|---|---|---|---|
| Aus Action Sports Pty Ltd | $142,000 | $118,000 | +$24,000 | $76,000 | $64,000 | +$12,000 |
| Web Dev Pty Ltd | $168,000 | $152,000 | +$16,000 | $76,500 | $69,000 | +$7,500 |
Tax summary · group
Pre-tax-time briefing. Click any stat to drill into its source rows. Numbers derived from seed P&L + balance sheets + activity log; Phase 7 (Xero adapter) feeds real ledger figures.
GST liability heuristic ≈ $1,280 (8% of current liabilities, indicative only).
- BAS — Q3 (Jan-Mar 2026)· Aus Action Sports Pty Ltd2026-04-28
- Tax return — FY24/25 — Aus Action Sports· Aus Action Sports Pty Ltd2026-10-31
- Tax return — FY24/25 — Web Dev· Web Dev Pty Ltd2026-10-31
- Tax return — FY24/25 — Family Trust· Family Trust2026-10-31
Group balance sheet
As-at point-in-time. Sums in-scope balances, then nets out matching intercompany receivables × payables. Phase 7 (Xero adapter) keeps the same shape — only the underlying numbers change.
Total assets (consolidated)
$67,500
Pre-elim $69,900
Total liabilities (consolidated)
$13,600
Pre-elim $16,000
Equity (consolidated)
$53,900
Equity passes through unchanged on consolidation
Intercompany eliminations
Intercompany receivables
$2,400
Intercompany payables
$2,400
Net imbalance
$0
| Entity | Curr. assets | Non-curr. assets | Curr. liab. | Equity | IC rec. | IC pay. |
|---|---|---|---|---|---|---|
| Aus Action Sports Pty Ltd | $18,500 | $4,200 | $6,800 | $15,900 | — | $2,400 |
| Web Dev Pty Ltd | $32,400 | $6,800 | $9,200 | $30,000 | $2,400 | — |
| Family Trust | $8,000 | $0 | $0 | $8,000 | — | — |
Equity reconciliation breakdown
Splits the consolidated equity into equity attributable to the principal (Daniel) versus minority interests held by other stakeholders. Phase 7 wires real investment-in-subsidiary lines and full intra-group dividend wash.
- Standalone equity (sum)
- $53,900
- Minority interest carve-out
- —
- Principal-attributable equity
- $53,900
GST overview
| Entity | Type | GST status | Notes |
|---|---|---|---|
| Family Trust | Trust | Not yet set | — |
| HoldCo Pty Ltd | Pty Ltd | Not yet set | — |
| IP HoldCo Pty Ltd | Pty Ltd | Not yet set | — |
| Action Sports Sub-Holding | Pty Ltd | Not yet set | — |
| Unspoken Union Pty Ltd | Pty Ltd | Not yet set | — |
| Aus Action Sports Pty Ltd | Pty Ltd | Not yet set | — |
| Web Dev Pty Ltd | Pty Ltd | Not yet set | — |
| Oyra Pty Ltd | Pty Ltd | Below $75k | Voluntarily unregistered for GST until annual turnover crosses the $75k AUD threshold. ATO requires registration within 21 days of crossing — track revenue closely once revenue ramps. Until then, prices are GST-free and no BAS lodgement required. |
| HELM | Pty Ltd | Not yet set | — |
| Spokespot Pty Ltd | Pty Ltd | Not yet set | — |
| Bike Express | Pty Ltd | Not yet set | — |
Ledger provider mix
Internal · Holstead
2
- Family Trust
- Aus Action Sports Pty Ltd
Holstead (proposed)
8
- HoldCo Pty Ltd
- IP HoldCo Pty Ltd
- Action Sports Sub-Holding
- Unspoken Union Pty Ltd
- Oyra Pty Ltd
- HELM
- Spokespot Pty Ltd
- Bike Express
Xero (read-only adapter)
1
- Web Dev Pty Ltd
Phase 7F adds a Xero / MYOB read adapter so external ledger data flows in alongside Holstead-native entries.
P&L by entity
Click any card to open the per-entity accounting view — obligations, financial documents, intra-group activity, and the profitability advisor in one place.
Web Dev Pty Ltd
FY25/26 YTD · Xero (read-only adapter)
$76,500
Net profit
- Revenue
- $168,000
- COGS
- $24,000
- Expenses
- $42,000
- Tax provision
- $25,500
Chart of accounts · standard template
| Code | Account | Category |
|---|---|---|
| 100 | Cash at bank | Asset |
| 110 | Trade receivables | Asset |
| 150 | Prepayments | Asset |
| 200 | Trade payables | Liability |
| 210 | GST liability | Liability |
| 220 | PAYG withholding | Liability |
| 230 | Div 7A loan payable | Liability |
| 300 | Share capital | Equity |
| 310 | Retained earnings | Equity |
| 400 | Trading revenue | Revenue |
| 410 | Service fees | Revenue |
| 420 | IP licensing income | Revenue |
| 500 | Cost of services | Cost of services |
| 600 | Insurance | Expense |
| 610 | Subscriptions | Expense |
| 620 | Professional fees | Expense |
| 630 | Travel | Expense |
| 640 | Office | Expense |
Coming in Phase 7
Live wiring sub-phases: 7A bookkeeping core (chart of accounts, journals, transactions); 7B reporting (P&L, balance sheet, cash flow, trial balance); 7C GST and BAS prep; 7D intra-group reconciliation under the single-entity rule; 7E year-end and period close; 7F Xero/MYOB read adapter.