# SOMERSET SECURITIES, INC. X-17A-5 (2024-03-28) — Broker-dealer annual report

- Company: SOMERSET SECURITIES, INC.
- Form: X-17A-5
- Filed: 2024-03-28
- Period: 2023-12-31
- Accession: 0000057106-24-000001
- CIK: 57106
- File #: 8-11539
- Type: Broker-dealer
- Material weakness: No
- Auditor: Ohab & Company, PA
- Auditor location: Maitland, FL
- Contact: Kenneth George
- Phone: 6033805435
- Signed by: Kenneth George (CFO)

Original filing: https://www.sec.gov/Archives/edgar/data/57106/000005710624000001/dec2023_audit_somerset_bs3.pdf

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## 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                                                                                        | \$<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>\$                  |


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