factual

Through what date has Boulder Designs evaluated subsequent events for disclosure in its financial statements?

Boulder_Designs Franchise · 2025 FDD

Answer from 2025 FDD Document

The Company has evaluated subsequent events from the balance sheet date through March 21, 2025 the date at which the financial statements were available to be issued, and determined that there are no items to disclose.

Source: Item 23 — RECEIPT (FDD pages 50–217)

What This Means (2025 FDD)

According to Boulder Designs's 2025 Franchise Disclosure Document, the company evaluated subsequent events related to its financial statements through March 21, 2025. This date represents the cutoff for considering events that occurred after the balance sheet date (December 31, 2024) but before the financial statements were available to be issued. Boulder Designs determined that there were no items requiring disclosure.

Subsequent event evaluation is a standard accounting practice. It ensures that financial statements reflect the most up-to-date information available before they are released. These events could materially affect the company's financial position. For a prospective franchisee, this means that the financial information provided in the FDD has been vetted for any significant changes occurring up to that date.

This evaluation provides a level of assurance that the financial picture presented by Boulder Designs is reasonably current. However, it is important to remember that the evaluation only extends to March 21, 2025. Events occurring after that date would not be reflected in the financial statements included in this FDD. A potential franchisee should consider this when assessing the financial health of Boulder Designs.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.