Siyahamba Events (Pty) Ltd ("Siyahamba) is a South African incorporated company specialising in organizing corporate functions. On 10 March 2023, they received a R10 000 deposit from a client that requires a DJ (disk jockey) to perform at an event taking place on 2 April 2023. In terms of the contract that Siyahamba issues to all their clients, a 50% deposit of the full fee is payable to secure a DJ and a date. The outstanding fee is payable on the day of the event. The deposit is non-refundable should the event be cancelled by the client. Siyahamba has a 31 March year-end