Annual review · advisor handoff · FY25/26 (YTD)
Holstead portfolio review
Prepared 13 May 2026 · root entity Family Discretionary Trust · 10 consolidated entities · 1 out of scope
Executive summary · mock
FY25/26 (YTD) consolidated revenue of $306,400 produced a net of $152,500 (50% margin), after netting $3,600 of intercompany flows. Total assets stand at $67,500 against liabilities of $13,600. The numbers are derived from seed data — Phase 7 plumbs real ledger figures through the same shape.
Structural attention sits with Aus Action Sports Pty Ltd (54/100 overall). 3 obligations are currently overdue and need clearing before the close.
For next cycle: prioritise the overdue compliance items, walk through the top mitigations with the accountant, and confirm intercompany eliminations match the underlying invoices. Set the ANTHROPIC_API_KEY environment variable to upgrade this summary to a live Claude-generated synthesis.
Group consolidated position
- Consolidated revenue
- $306,400
- Net profit
- $152,500
- Total assets
- $67,500
- Total liabilities
- $13,600
Pre-elim $310,000
50% margin
IC $2,400 netted
Equity $53,900
Entity summary
| Entity | Type | Revenue · FY25/26 (YTD) | Prior FY24/25 | Δ% | Net | Equity | Risk |
|---|---|---|---|---|---|---|---|
| Web Dev Pty Ltd | pty_ltd | $168,000 | $152,000 | +11% | $76,500 | $30,000 | 77/100 |
| Aus Action Sports Pty Ltd | pty_ltd | $142,000 | $118,000 | +20% | $76,000 | $15,900 | 54/100 |
| Family Trust | trust | — | — | — | — | $8,000 | 73/100 |
| HoldCo Pty Ltd | pty_ltd | — | — | — | — | — | 74/100 |
| IP HoldCo Pty Ltd | pty_ltd | — | — | — | — | — | 71/100 |
| Action Sports Sub-Holding | pty_ltd | — | — | — | — | — | 75/100 |
| Unspoken Union Pty Ltd | pty_ltd | — | — | — | — | — | 63/100 |
| Oyra Pty Ltd | pty_ltd | — | — | — | — | — | 66/100 |
| HELM | pty_ltd | — | — | — | — | — | 70/100 |
| Bike Express | pty_ltd | — | — | — | — | — | — |
Open obligations (next 10)
- BAS — Q3 (Jan-Mar 2026)· Aus Action Sports Pty Ltd2026-04-28
- Vehicle insurance — renewal2026-05-09
- ESIC application — Oyra Pty Ltd· Oyra Pty Ltd2026-05-12
- Public liability — Aus Action Sports· Aus Action Sports Pty Ltd2026-05-15
- Patent maintenance — AI Training Model (AU)· IP HoldCo Pty Ltd2026-05-22
- Trust distribution resolution — FY25/26· Family Trust2026-06-30
- Patent maintenance — AI Training Model (US)· IP HoldCo Pty Ltd2026-07-15
- ASIC annual review — Web Dev Pty Ltd· Web Dev Pty Ltd2026-08-12
- 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
Recently completed
- BAS — Q3 (Jan-Mar 2026)Done 2026-04-15
- PCT lodgement decision — Consciousness TestDone 2026-02-14
- BAS — Q2 (Oct-Dec 2025)Done 2026-01-26
Notable intra-group activity
- 2026-12-01 · Management fee · Action Sports Sub-Holding → HoldCo Pty Ltd$12,000 · planned
- 2026-09-01 · Div 7A loan · HoldCo Pty Ltd → Unspoken Union Pty Ltd$25,000 · planned
- 2026-08-01 · IP licensing fee · Oyra Pty Ltd → IP HoldCo Pty Ltd$6,000 · planned
- 2026-08-01 · IP licensing fee · HELM → IP HoldCo Pty Ltd$4,000 · planned
- 2026-07-15 · Capital injection · Family Trust → HoldCo Pty Ltd$100,000 · planned
- 2026-06-30 · Trust distribution · Family Trust → HoldCo Pty LtdTBD · planned
- 2026-04-15 · Services fee · Aus Action Sports Pty Ltd → Web Dev Pty Ltd$1,200 · executed
- 2026-04-01 · Services fee · Aus Action Sports Pty Ltd → Web Dev Pty Ltd$800 · reconciled
Restricted / foundational documents
- Family Discretionary Trust deed (executed)trust_deed · active
- Patent filing · AI Training Model · AU + USpatent_filing · active
- Patent filing · Consciousness Test · AUpatent_filing · active