Where can I find the Statements of Stockholders' Equity within the Creative World School FDD?
Creative_World_School Franchise · 2025 FDDAnswer from 2025 FDD Document
April 4, 2025
To the Stockholders of Creative World Schools Franchising Company, Inc. Bonita Springs, Florida
Opinion
We have audited the accompanying financial statements of Creative World Schools Franchising Company, Inc. (the Company), which comprise the balance sheets as of December 31, 2024, 2023 and 2022, and the related statements of ended, and the related notes to the financial statements.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Creative World Schools Franchising Co., Inc., as of December 31, 2024, 2023 and 2022, and the results of its operations and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.
Source: Item 23 — RECEIPTS (FDD pages 80–247)
What This Means (2025 FDD)
According to the 2025 Creative World School FDD, the Statements of Stockholders' Equity can be found within the financial statements. The excerpt from Item 23 includes an opinion from auditors who state they have audited the financial statements of Creative World Schools Franchising Company, Inc. These financial statements include balance sheets as of December 31, 2024, 2023, and 2022, and related statements.
The auditor's opinion confirms that the financial statements present fairly the financial position of Creative World Schools as of those dates, in accordance with accounting principles generally accepted in the United States of America. This suggests that the Statements of Stockholders' Equity are part of the audited financial statements.
For a prospective franchisee, this means that detailed financial information about Creative World School's equity is available for review within the FDD. Reviewing these statements can provide insights into the company's financial stability and how its equity has changed over the past three years. It is important to carefully examine these statements and consult with a financial advisor to fully understand their implications.