Document no ADA/IFRS/KWAGODLW/GUEST/13C01Q · origin APID GUEST · verification 13C01QNV7W · sign in to sign and archive
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Abathwa Development Association
KwaGodlwayo
849 Mawabeni, Zimbabwe · admin@abathwa.com · 0789989619 · www.abathwa.com
Operational, Financial & Equity-in-Waiting Status — KwaGodlwayo
Reporting period: 1 January 2026 – 6 September 2026 · Issued 6 September 2026
Community initiative pooling member capital; invested in the Abathwa Mine Assets Syndicate.
During the period, 2 receipts totalling $94 were recorded against 0 payments totalling $0, leaving a movement of $94. Capital mobilised to date stands at $94.
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 | $50 | — | $50 | 53.19% |
| 2 | Sibusisiwe Nkala | $44 | — | $44 | 46.81% |
| Totals | $94 | $0 | $94 | 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 | $94 | — |
| 3010 | Member capital — cash | — | $94 |
| Totals | $94 | $94 | |
Prepared under IFRS from 2 posted journal entries in the period. Back to wing dossier