What is the date of the auditor's report for Ledgers' financial statements?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
The Company has evaluated events and transactions for potential recognition or disclosure through April 28, 2025, which is the date the financial statements were available to be issued.
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
The Ledgers 2025 Franchise Disclosure Document (FDD) does not explicitly state the date of the auditor's report. However, it does mention that the company has evaluated events and transactions for potential recognition or disclosure through April 28, 2025, which is the date the financial statements were available to be issued.
While the FDD includes an independent auditor's report, it does not specify the exact date the report was issued. The auditor's report covers the financial statements of Loyalty Business Services, LLC, which includes balance sheets as of December 31, 2024, 2023, and 2022, and related statements for the years then ended.
A prospective franchisee should request the specific date of the auditor's report from Ledgers to ensure they have the most current information available when making their investment decision. This is a standard due diligence practice when evaluating a franchise opportunity.