As of what date were the financial statements for Burneys Sweets More available to be issued?
Burneys_Sweets_More Franchise · 2025 FDDAnswer from 2025 FDD Document
The Company evaluates events occurring subsequent to the date of the financial statements in determining the accounting for and disclosure of transactions and events that affect the financial statements. Subsequent events have been evaluated through April 9, 2025, which is the date the financial statements were available to be issued.
Source: Item 23 — RECEIPT (FDD pages 50–199)
What This Means (2025 FDD)
According to the 2025 Burneys Sweets More Franchise Disclosure Document, the company evaluated events occurring subsequent to the date of the financial statements. This evaluation continued through April 9, 2025, which is the date the financial statements were available to be issued.
This date is important for prospective franchisees because it indicates how current the financial information is. The financial statements reflect the company's financial position up to December 31, 2024, and the subsequent event evaluation ensures that any significant events occurring between the year-end and the issuance date are considered.
By providing this information, Burneys Sweets More aims to give potential franchisees a comprehensive view of the company's financial health and any factors that could impact it. Franchisees should review these financial statements and the auditor's report carefully to understand the financial stability and performance of Burneys Sweets More.