Financial Statement

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Sample Financial Statement

Exhibit A

Blendz Logo

BLENDZ FRANCHISE SYSTEM, INC.

FINANCIAL STATEMENTS


BLENDZ FRANCHISE SYSTEM, INC. (A Development Stage Company)

*** FINANCIAL STATEMENTS

Period fom May 20, 2005 (Date of Inception) toDecember31,2005

A-l

104848.2


BLENDZ FRANCHISE SYSTEM, INC. (A Development Stage Company)

TABLE OF CONTENTS

INDEPENDENT AUDITOR'S REPORT                                                                          I

FINANCIAL STATEMENTS:

Balance Sheet                                                                                                           2

Statement of Operations                                                                                              3

Statement of Changes in Stockholders' Equity                                                                4

Statement of Cash Flows                                                                                             5

Notes to Financial Statements                                                                                      6

104848.2

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TJiomas C Pondl Lawrence S. Kuethier Roberto M. Maragonl FnnkA.MlrxiU.|r.

EMERITUS

Alexander W.Beiser (W6-200S)

Griffith R. Lewis

sBERGER/LEWIS

ACCOUN.TANC* COarORATIOK

CERTIFIED PUBLIC ACCOUNTANTS AND BUSINESS APVISORS

Daniel C Moors

Randy O.Peterson

Martha A. SanfoMi

Robert W. Smiley

Suzanne M. Weber

INDEPENDENT AUDITOR'S REPORT

To the Board of Directors Blendz Franchise System, Inc. (A Development Stage Company) Campbell, California

We have audited the accompanying balance sheet of Blendz Franchise System, Inc. (a California corporation in the development stage) as of December 31, 2005, and the related statement of operations, changes in stockholders' equity, and cash flows for the period from May 20, 2005 (date of inception) to December 31, 2005. These financial statements are the responsibility of the Company's management Our responsibility is to express an opinion on these financial statements based on our audit.

We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Blendz Franchise System, Inc. as of December 31, 2005, and the results of its operations and its cash flows for the period from May 20,2005 (date of inception) to December 31, 2005 in conformity with accounting principles generally accepted in the United States of America.

Berger/Lewis Accountancy Corporation hereby consents to the use in the Franchise Disclosure Document or Uniform Franchise Offering filed by Blendz Franchise Systems, Inc. of our report dated March 13, 2006, relating to the financial statements of Blendz Franchise Systems, Inc. for the period from May 20, 2005 (date of inception) to December 31, 2005.

BERGER/LEWIS ACCOUNTANCY CORPORATION San Jose, California March 13,2006

99 ALMADEN BLVD. SUrTEfiOO SANJOSE. CA95113 (408)494-t200(Pl {408)279-8186(0

MEMBER OF

AN ASSOCIATION OF SEPARATE AND INDEPINDENT ACCOUNTING S. CONSULTING FIRMS

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104848.2

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The original file could not be completely converted to text. Below is an excerpt from the file. The original file can be downloaded at the link above.