Full text of SOMERSET SECURITIES, INC.'s X-17A-5 filed 2024-03-28 (period 2023-12-31). 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, 2023 ## ASSETS | Cash<br>Commissions receivable<br>Prepaid expenses | \$ 21,891<br>247,819<br>17,490 | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------| | TOTAL ASSETS | \$ 287.200 | | LIABILITIES AND STOCKHOLDER'S EQUITY | | | Liabilities:<br>Commissions payable and accrued expenses<br>TOTAL LIABILITIES | \lt;br>107,745<br>107,745 | | Stockholder's Equity<br>Common stock, \$1 par value, authorized, issued and<br>outstanding 1,000 shares<br>Additional paid-in capital<br>Retained earnings (deficit) | 1,000<br>156,301<br>22,154 | | TOTAL STOCKHOLDER'S EQUITY | 179,455 | | TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY | 287.200<br>\$ |Read the full text as markdown