Full text of SOMERSET SECURITIES, INC.'s X-17A-5 filed 2022-04-11 (period 2021-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ ## SOMERSET SECURITIES, INC. STATEMENT OF FINANCIAL CONDITION DECEMBER 31, 2021 ## A S S E T S | Cash<br>Commissions<br>receivable<br>Prepaid expenses | \$ 51,985<br>166,014<br>16,375 | |---------------------------------------------------------------------------------------------------------|--------------------------------| | TOTAL ASSETS | \$ 234,374 | | LIABILITIES AND STOCKHOLDER'S EQUITY | | | Liabilities:<br>Commissions payable and accrued expenses<br>TOTAL LIABILITIES | \lt;br>67,567<br>67,567 | | Stockholder's Equity<br>Common stock, \$1 par value, authorized, issued and<br>outstanding 1,000 shares | 1,000 | | Additional paid-in capital<br>Retained earnings | 156,301<br>9,506 | | TOTAL STOCKHOLDER'S EQUITY | 166,807 | | TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY | \$ 234,374 |Read the full text as markdown