Document no ADA/IFRS/ELITE-SA/GUEST/E16ATQ · origin APID GUEST · verification E16ATQ1XJI · sign in to sign and archive
Preparing the document…
Abathwa Development Association
Elite Sanctuary
849 Mawabeni, Zimbabwe · admin@abathwa.com · 0789989619 · www.abathwa.com
Operational, Financial & Equity-in-Waiting Status — Elite Sanctuary
Reporting period: 1 January 2026 – 6 September 2026 · Issued 6 September 2026
Hospitality and accommodation initiative; its pooled capital is invested in the Abathwa Mine Assets Syndicate.
During the period, 5 receipts totalling $866 were recorded against 0 payments totalling $0, leaving a movement of $866. Capital mobilised to date stands at $866.
Equity-in-waiting is a notional, record-keeping measure of each member’s proportional capital contribution — cash and in-kind treated identically. It does not represent vested ownership and converts to formal equity only on the triggers defined in the SAFE agreement.
| # | Member | Cash | In-kind | Total | Equity-in-waiting |
|---|---|---|---|---|---|
| 1 | Judith Dube | $400 | — | $400 | 46.19% |
| 2 | Nqobile Ncube | $208 | — | $208 | 24.02% |
| 3 | Michael Mugove Dhemba | $108 | — | $108 | 12.47% |
| 4 | Lakheli Ndlovu | $100 | — | $100 | 11.55% |
| 5 | Sphumzile Nyathi | $50 | — | $50 | 5.77% |
| Totals | $866 | $0 | $866 | 100.00% | |
Receipts
Payments
Nothing recorded in this period.
Income
None recorded.
Expenses
None recorded.
Assets
Liabilities
None recorded.
Equity
| Code | Account | Debit | Credit |
|---|---|---|---|
| 1010 | Bank — pooled capital account | $866 | — |
| 3010 | Member capital — cash | — | $866 |
| Totals | $866 | $866 | |
Prepared under IFRS from 5 posted journal entries in the period. Back to wing dossier