# SOMERSET SECURITIES, INC. X-17A-5 (2025-03-31) — Broker-dealer annual report

- Company: SOMERSET SECURITIES, INC.
- Form: X-17A-5
- Filed: 2025-03-31
- Period: 2024-12-31
- Accession: 0000057106-25-000001
- 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: Kenneth George (CFO)

Original filing: https://www.sec.gov/Archives/edgar/data/57106/000005710625000001/dec24_audit_somerset_bs3.pdf

---

{0}------------------------------------------------

## SOMERSET SECURITIES, INC. STATEMENT OF FINANCIAL CONDITION

## DECEMBER 31, 2024

## ASSETS

| Cash                                                                            | \$ 25,352     |
|---------------------------------------------------------------------------------|---------------|
| Commissions receivable                                                          | 141,050       |
| Due from related party                                                          | 37,242        |
| Prepaid expenses                                                                | 19,180        |
| TOTAL ASSETS                                                                    | \$ 222.824    |
| LIABILITIES AND STOCKHOLDER'S EQUITY                                            |               |
| Liabilities:                                                                    |               |
| Commissions payable and accrued expenses                                        | \$<br>55.412  |
| TOTAL LIABILITIES                                                               | 55,412        |
| Stockholder's Equity                                                            |               |
| Common stock, \$1 par value, authorized, issued and<br>outstanding 1,000 shares | 1,000         |
| Additional paid-in capital                                                      | 156,301       |
| Retained earnings                                                               | 10,111        |
| TOTAL STOCKHOLDER'S EQUITY                                                      | 167,412       |
| TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY                                      | 222.824<br>\$ |


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