Full text of SOMERSET SECURITIES, INC.'s X-17A-5 filed 2023-04-04 (period 2022-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ ## SOMERSET SECURITIES, INC. ST A TEMENT OF FINANCIAL CONDITION DECEMBER 31, 2022 ## ASSETS | Cash<br>Commissions receivable<br>Prepaid expenses | \lt;br>6,166<br>229,585<br>17 141 | |---------------------------------------------------------------------------------------------------------------------------------------|----------------------------------| | TOT AL ASSETS | 1252,892 | | LIABILITIES AND STOCKHOLDER'S EOulTY | | | Liabilities:<br>Commissions payable and accrued expenses<br>TOT AL LIABILITIES | \lt;br>80,295<br>80,295 | | Stockholder's Equity<br>Common stock, \$1 par value, authorized, issued and<br>outstanding 1,000 shares<br>Additional paid-in capital | 1,000<br>156,301 | | Retained earnings | 15 296 | | TOTAL STOCKHOLDER'S EQUITY | 172 597 | | TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY | \$ 252.892 |Read the full text as markdown