# SOMERSET SECURITIES, INC. X-17A-5 (2022-04-11) — Broker-dealer annual report

- Company: SOMERSET SECURITIES, INC.
- Form: X-17A-5
- Filed: 2022-04-11
- Period: 2021-12-31
- Accession: 0000057106-22-000001
- CIK: 57106
- File #: 8-11539
- Type: Broker-dealer
- Material weakness: No
- Auditor: Ohab & Company, PA
- Auditor location: Maitland, FL
- Contact: Ken George
- Phone: 603-380-5435
- Signed by: Thomas Hamlin (CEO/CCO)

Original filing: https://www.sec.gov/Archives/edgar/data/57106/000005710622000001/dec21_somerset_bs.pdf

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## 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                           | \$<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                     |


Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.