As of what date was the auditor's report for Goldfish Swim School issued?
Goldfish_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
To the Members Goldfish Swim School Franchising, LLC and Subsidiary
Opinion
We have audited the consolidated financial statements of Goldfish Swim School Franchising, LLC and Subsidiary (the "Company"), which comprise the consolidated balance sheet as of December 31, 2024, 2023, and 2022 and the related consolidated statements of operations, members' equity, and cash flows for the years then ended, and the related notes to the consolidated financial statements.
In our opinion, the accompanying consolidated financial statements present fairly, in all material respects, the financial position of the Company 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.
Basis for Opinion
We conducted our audits in accordance with auditing standards generally accepted in the United States of America (GAAS). Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audits of the Consolidated Financial Statements section of our report. We are required to be independent of the Company and to meet our ethical responsibilities in accordance with the relevant ethical requirements relating to our audits. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Source: Item 22 — CONTRACTS (FDD pages 76–77)
What This Means (2025 FDD)
The 2025 Franchise Disclosure Document for Goldfish Swim School includes independent auditor's reports that cover multiple years.
The auditor's report in the 2025 FDD covers the consolidated balance sheets as of December 31, 2024, 2023, and 2022, and the related consolidated statements of operations, members' equity, and cash flows for the years then ended. This means the auditor, Plante & Moran, PLLC, assessed the financial position of Goldfish Swim School Franchising, LLC as of the end of each of those years and the changes in its financial performance during those years.
Prospective franchisees should note that the auditor's report provides an independent opinion on the fairness of the company's financial statements. This opinion is based on audits conducted in accordance with auditing standards generally accepted in the United States of America. Management is responsible for the preparation and presentation of the financial statements, while the auditor's responsibility is to express an opinion on those statements based on their audit.