Full text of SATURN CAPITAL, INC.'s X-17A-5 filed 2026-02-27 (period 2025-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ (a wholly-owned subsidiary of Saturn Asset Management Trust.) FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2025 TOGETHER WITH INDEPENDENT AUDITORS' REPORT {1}------------------------------------------------ {2}------------------------------------------------ (a wholly-owned subsidiary of Saturn Asset Management Trust) #### FINANCIAL STATEMENTS #### FOR THE YEAR ENDED DECEMBER 31, 2025 #### Table of Contents | | Page No. | | |--------------------------------------------------------------------------------------------------------|----------|--| | INDEPENDENT AUDITORS' REPORT | 1 | | | FINANCIAL STATEMENTS: | | | | Statement of Financial Condition | 2 | | | Statement of Operations | 3 | | | Statement of Changes in Stockholder's Equity | 4 | | | Statement of Cash Flows | 5 | | | Notes to Financial Statements | 6-8 | | | SUPPLEMENTARY INFORMATION: | | | | Schedule I – Computation of Net Capital Under Rule 15c3-1<br>of the Securities and Exchange Commission | 10 | | {3}------------------------------------------------ {4}------------------------------------------------ (a wholly-owned subsidiary of Saturn Asset Management Trust) ## STATEMENT OF FINANCIAL CONDITION DECEMBER 31, 2025 #### **ASSETS** | CURRENT ASSETS<br>Cash and cash equivalents<br>Prepaid expenses | \lt;br>305,850<br>383,004 | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------| | TOTAL CURRENT AND TOTAL ASSETS | \lt;br>688,854 | | | | | LIABILITIES AND STOCKHOLDER'S EQUITY | | | CURRENT LIABILITIES<br>Due to affiliate<br>TOTAL CURRENT AND TOTAL LIABILITIES | \lt;br>19,820<br>19,820 | | STOCKHOLDER'S EQUITY<br>Common stock, \$1.00 par value:<br>Authorized - 300,000 shares<br>Issued and outstanding - 12,650 shares<br>Capital in excess of par value<br>Retained earnings | 12,650<br>404,591<br>251,793 | | TOTAL STOCKHOLDER'S EQUITY | 669,034 | | TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY | \lt;br>688,854 | {5}------------------------------------------------ (a wholly-owned subsidiary of Saturn Asset Management Trust) ## FOR THE YEAR ENDED DECEMBER 31, 2025 STATEMENT OF OPERATIONS | REVENUES: | | |---------------------------|---------------| | Commissions | \lt;br>465,000 | | Interest income | 26,258 | | Total revenues | 491,258 | | OPERATING EXPENSES: | | | Management fees | 423,000 |…Read the full text as markdown