Waikato Culture Park

By Waikato Culture Park Limited

PledgeMe.Investment

Tourism,



NZ $3,000 pledged


5 people pledged


15 days left


NZ $500,000 minimum target


Min

NZ$500,000

Max

NZ$2,000,000

0 0% Complete

Pledges will only be confirmed if the target is reached by: 07/05/2021 at 12:00 PM (NZST)

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About

Waikato Culture Park

$1 per share - $500 minimum pledge 

If you are considering an impact investment to benefit communities across the Nation, please kindly consider us.

We're proposing the development of New Zealand's next iconic destination, aiming to become a world-class indigenous culture and eco-tourism theme park offering Education and Entertainment.

The Waikato's Waipa rural district and a 120-hectare farm near Hamilton is our proposed location. 

Our company is the Waikato Culture Park Limited. We are a culturally-lead Profit-for-Purpose Social Enterprise and our plan is to potentially deliver multi-generational social and economic outcomes back to communities across the Waikato region and the Nation. Our plan includes goals to create 220 full-time jobs, 30 Apprenticeships and to build New Zealand's largest planned ground mounted Solar Farm.

 

If you are a wholesale investor and arrived on this campaign page unintentionally, please click here to be redirected to the wholesale investor page.

 

 

 

 

 

 

 

 

About our Team

 

 

 

 

What we've done so far

 

 

 

 

 

 

 

What's next?

 

 

 

Risks and Challenges

 

 

A note from PledgeMe

We have completed Veda checks on the company, Waikato Culture Park Limited, and their Directors, as well as Google and Insolvency checks. There were no adverse findings.

Updates

Hey! Thanks for checking out this project.

We haven't made any updates yet, follow us if you want to be notified when we do.

Details

Offer Details

Current Valuation 25,658,757
Raise Minimum 500,000
Raise Maximum 2,000,000
Share Price 1.00
Maximum Shares Offered 2,000,000
Explanation of valuation:

The pre-money valuation is $25,658,757. The valuation is based on a calculation of long-term net tangible assets in the Balance Sheet for the forecasted full financial and reference year 2022-2023 being $30,658,757 made up of:

Property: 120ha farm and existing residential, commercial and farm buildings - $9,000,000
Plant: Stage 1, 2 and 3 buildings - $20,910,522
Equipment: $757,234

and the calculation including a consideration of intangible assets, less the PledgeMe campaign maximum value of $5,000,000 (if fully subscribed).

Intangible assets are namely, a license for the use of the Intellectual Property (IP) in perpetuity. The license includes but is not limited to: the Waikato Culture Park & L.E.NA Foundation Business Models, Domain Name Registrations and pending Trademarks, Indigenous Cultural Programs, Performing Arts and Annual Events Program, Education Outside the Classroom (EOTC) Annual Program, Environmental Sustainability Program and Solar Energy Revenue Scheme.

Another common method of valuation is to use a 4.5 multiplier x forecasted net profit, however, we have chosen to base the valuation on tangible assets such as land and buildings and the IP for their long-term value.

Financial Summary

Prev Year Current Year Est. FY 2023 Est. FY 2024
Revenue NZ $86 NZ $10,000,009 NZ $29,972,920 NZ $40,549,987
Operating Expenses NZ $21,882 NZ $3,026,931 NZ $6,620,372 NZ $5,524,184
EBITDA NZ $0 NZ $2,613,679 NZ $9,567,298 NZ $18,022,994
Net Profit -NZ $22,091 NZ $1,704,802 NZ $6,401,462 NZ $12,360,617

Company Details

Company Name: Waikato Culture Park Limited

Company Number: 7565397

Company Documents

Certificate_of_Incorporation_Waikato_Culture_Park_Ltd.pdf

(application/pdf, 589 KB, uploaded 08 April 2021)

Company_Extract_Waikato_Culture_Park.pdf

(application/pdf, 746 KB, uploaded 08 April 2021)

Company_Constitution.pdf

(application/pdf, 8.77 MB, uploaded 08 April 2021)

FINAL_IM_11_APRIL_2021_compressed_6MB.pdf

(application/pdf, 6.15 MB, uploaded 11 April 2021)

Director Details

Name Role Profile URL Invested?
A.D.N Bush Director, CEO https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors
B. Awhitu Director https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors
S. Karena Director https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors
J. Nonoa Director https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors
L. Nonoa Director https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors

Questions

Ask a Question (You must login to ask a question)

Pledgers 5

Claire McGowanPledgeMe Staff
2021-04-17 20:33:12 +1200
Danae Paul
2021-04-17 17:33:35 +1200

"I am excited to have a place to take my Mokopuna that will expose them to other First Nations Pacific Rim cultures. Whoop whoop"

Jordan Nonoa
2021-04-17 16:18:09 +1200

"Can't wait to see it all in action! "

Siapu Tyrell
2021-04-17 16:03:39 +1200

"I am absoloutely excited to finally invest my money in something that will benefit the community! "

Tava Tyrell
2021-04-17 15:48:15 +1200

Waikato Culture Park

$1 per share - $500 minimum pledge 

If you are considering an impact investment to benefit communities across the Nation, please kindly consider us.

We're proposing the development of New Zealand's next iconic destination, aiming to become a world-class indigenous culture and eco-tourism theme park offering Education and Entertainment.

The Waikato's Waipa rural district and a 120-hectare farm near Hamilton is our proposed location. 

Our company is the Waikato Culture Park Limited. We are a culturally-lead Profit-for-Purpose Social Enterprise and our plan is to potentially deliver multi-generational social and economic outcomes back to communities across the Waikato region and the Nation. Our plan includes goals to create 220 full-time jobs, 30 Apprenticeships and to build New Zealand's largest planned ground mounted Solar Farm.

 

If you are a wholesale investor and arrived on this campaign page unintentionally, please click here to be redirected to the wholesale investor page.

 

 

 

 

 

 

 

 

About our Team

 

 

 

 

What we've done so far

 

 

 

 

 

 

 

What's next?

 

 

 

Risks and Challenges

 

 

A note from PledgeMe

We have completed Veda checks on the company, Waikato Culture Park Limited, and their Directors, as well as Google and Insolvency checks. There were no adverse findings.

Hey! Thanks for checking out this project.

We haven't made any updates yet, follow us if you want to be notified when we do.

Offer Details

Current Valuation 25,658,757
Raise Minimum 500,000
Raise Maximum 2,000,000
Share Price 1.00
Maximum Shares Offered 2,000,000
Explanation of valuation:

The pre-money valuation is $25,658,757. The valuation is based on a calculation of long-term net tangible assets in the Balance Sheet for the forecasted full financial and reference year 2022-2023 being $30,658,757 made up of:

Property: 120ha farm and existing residential, commercial and farm buildings - $9,000,000
Plant: Stage 1, 2 and 3 buildings - $20,910,522
Equipment: $757,234

and the calculation including a consideration of intangible assets, less the PledgeMe campaign maximum value of $5,000,000 (if fully subscribed).

Intangible assets are namely, a license for the use of the Intellectual Property (IP) in perpetuity. The license includes but is not limited to: the Waikato Culture Park & L.E.NA Foundation Business Models, Domain Name Registrations and pending Trademarks, Indigenous Cultural Programs, Performing Arts and Annual Events Program, Education Outside the Classroom (EOTC) Annual Program, Environmental Sustainability Program and Solar Energy Revenue Scheme.

Another common method of valuation is to use a 4.5 multiplier x forecasted net profit, however, we have chosen to base the valuation on tangible assets such as land and buildings and the IP for their long-term value.

Financial Summary

Prev Year Current Year Est. FY 2023 Est. FY 2024
Revenue NZ $86 NZ $10,000,009 NZ $29,972,920 NZ $40,549,987
Operating Expenses NZ $21,882 NZ $3,026,931 NZ $6,620,372 NZ $5,524,184
EBITDA NZ $0 NZ $2,613,679 NZ $9,567,298 NZ $18,022,994
Net Profit -NZ $22,091 NZ $1,704,802 NZ $6,401,462 NZ $12,360,617

Company Details

Company Name: Waikato Culture Park Limited

Company Number: 7565397

Company Documents

Certificate_of_Incorporation_Waikato_Culture_Park_Ltd.pdf

(application/pdf, 589 KB, uploaded 08 April 2021)

Company_Extract_Waikato_Culture_Park.pdf

(application/pdf, 746 KB, uploaded 08 April 2021)

Company_Constitution.pdf

(application/pdf, 8.77 MB, uploaded 08 April 2021)

FINAL_IM_11_APRIL_2021_compressed_6MB.pdf

(application/pdf, 6.15 MB, uploaded 11 April 2021)

Director Details

Name Role Profile URL Invested?
A.D.N Bush Director, CEO https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors
B. Awhitu Director https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors
S. Karena Director https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors
J. Nonoa Director https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors
L. Nonoa Director https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors

Ask a Question (You must login to ask a question)

Claire McGowanPledgeMe Staff
2021-04-17 20:33:12 +1200
Danae Paul
2021-04-17 17:33:35 +1200

"I am excited to have a place to take my Mokopuna that will expose them to other First Nations Pacific Rim cultures. Whoop whoop"

Jordan Nonoa
2021-04-17 16:18:09 +1200

"Can't wait to see it all in action! "

Siapu Tyrell
2021-04-17 16:03:39 +1200

"I am absoloutely excited to finally invest my money in something that will benefit the community! "

Tava Tyrell
2021-04-17 15:48:15 +1200
Equity Offer

From NZ $500,000 for 1.9%

Up to NZ $2,000,000 for 7.2%

Share Offer

Up to 2,000,000 Shares

at NZ $1.00 per Share

Investor Perks

(Determined by your pledge amount)

VIP Annual Pass & Invite To Grand Opening Party

NZ $500.00+

Individual investors will receive: A VIP Annual Pass to provide you admission to the Park for every year that you retain your shareholding, and a VIP invite to the Grand Opening Party for each opening stage of the four stages of the Park's development.

Warning statement about equity crowdfunding

Equity crowdfunding is risky.

Issuers using this facility include new or rapidly growing ventures. Investment in these types of business is very speculative and carries high risks.

You may lose your entire investment, and must be in a position to bear this risk without undue hardship.

New Zealand law normally requires people who offer financial products to give information to investors before they invest. This requires those offering financial products to have disclosed information that is important for investors to make an informed decision.

The usual rules do not apply to offers by issuers using this facility. As a result, you may not be given all the information usually required. You will also have fewer other legal protections for this investment.

Ask questions, read all information given carefully, and seek independent financial advice before committing yourself.