What were the Net Repayments of Advances from Stockholders for All County in 2022?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
| nd of Year | 195,251 | (110,516) | 45,901 |
|---|---|---|---|
| TOTAL STOCKHOLDER'S EQUITY (DEFICIT), END OF YEAR | $ 337,459 | $ 31,692 | $ 188,109 |
See accompanying Auditor's Report and Notes to the Financial Statements
Statements of Cash Flows For Years Ended December 31, 2024, 2023, & 2022
| Year 2024 | Year 2023 | Year 2022 | ||
|---|---|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES | ||||
| Net Income (Loss) | $ 448,390 | $ 271,100 | $ 216,956 | |
| Adjustments to reconcile Net Income (Loss) | to net cash provided (used) by operating activities: | |||
| Depreciation | 21,008 | 1,399 | - | |
| (Increase) decrease in: | ||||
| Accounts & Commisisons Receivable | 48,602 | 49,917 | (51,911) | |
| National Ad Fund Account | 15,512 | 18,686 | - | |
| Prepaid Expenses | - | - | 15,126 | |
| Note Payable | 49,227 | - | - | |
| Accounts Payable | (77,617) | 115,454 | 9,008 | |
| Accrued Interest due to Stockholders | (1,698) | - | - | |
| Deferred Revenue | - | - | - | |
| Net cash provided by operating activities | 503,424 | 456,556 | 189,179 | |
| CASH FLOWS FROM INVESTING ACTIVITIES | ||||
| Purchase of property and equipment | (49,227) | (45,606) | (1,010) | |
| Net cash provided by investing activities | (49,227) | (45,606) | (1,010) | |
| CASH FLOWS FROM FINANCING ACTIVITIES | ||||
| Net Repayments of Advances from Stockholders | - | - | 3,100 | |
| Stockholder Contributions and (Distributions) | (162,622) | (396,183) | (185,622) | |
| Net cash provided by financing activities | (16 |
Source: Item 22 — Contracts (FDD page 43)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, the Net Repayments of Advances from Stockholders in 2022 were $3,100. This figure is part of the cash flow from financing activities, indicating the amount All County repaid to its stockholders for previous advances made to the company.
For a prospective franchisee, this information provides insight into All County's financial management and its relationship with its stockholders. Net repayments suggest that All County had sufficient cash flow to begin repaying its stockholders for prior investments, which could be viewed positively.
However, it's essential to consider this figure in the context of the overall financial health of All County. Reviewing the complete cash flow statement, including operating, investing, and financing activities, will provide a more comprehensive understanding. Additionally, comparing these repayments with stockholder contributions and distributions can reveal the net flow of capital between the company and its stockholders. This helps assess the financial stability and reliance on stockholder funding.