What date did Fitstop evaluate subsequent events through for the financial statements?

According to Fitstop's 2024 Franchise Disclosure Document, Fitstop evaluated events that occurred after the balance sheet date, but before the financial statements were issued. This evaluation did not identify any subsequent events that would have required further adjustment or disclosure in the financial statements. Fitstop's evaluation of subsequent events extended through May 23, 2024, which is the date the financial statements were available to be issued.

This means that the auditor considered information that became available after December 31, 2023 (the date of the balance sheet) up to May 23, 2024, to ensure that there were no material events that would impact the accuracy or require disclosure in the financial statements. Examples of subsequent events could include a major lawsuit, a significant change in the business, or a large debt issuance.

For a prospective franchisee, this provides some assurance that the financial statements reflect the most up-to-date information available at the time of issuance. It indicates that Fitstop and its auditors have taken steps to ensure the financial statements are reliable and that any significant events that occurred after the balance sheet date have been considered.