Full text of NEWCAP PARTNERS, INC.'s X-17A-5 filed 2021-02-26 (period 2020-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ NewCap Partners, Inc SEC Public Disclosure Document Annual Report Fiscal Year 2020 Ending December 31, 2020 {1}------------------------------------------------ # NEWCAP PARTNERS, INC. STATEMENT OF FINANCIAL CONDITION DECEMBER 31, 2020 ## **ASSETS** | Cash and cash in trust account -<br>Note 2 | \$300,499 | |-------------------------------------------------------|-----------| | Note 1<br>Accounts receivable - | | | Prepaid expenses | 2,855 | | Property and equipment -<br>at cost, less accumulated | | | depreciation -<br>Notes 1 and 4 | 981 | | Operating lease right of use asset-<br>Note 6 | 1,445 | | Deposits | 3,021 | | | \$308.801 | ## LIABILITIES AND STOCKHOLDERS' EQUITY | LIABILITIES | | |---------------------------------------------------|----------------| | State franchise tax payable | 724 | | Operating lease right of use liability-<br>Note 6 | 1,445<br>2,169 | | STOCKHOLDERS' EQUITY | | | no par value<br>Common stock - | 718,783 | | Authorized 100,000,000 shares | | | Note 10<br>Outstanding 15,265,217 shares - | | | Retained earnings (deficit) | (412,151) | | Total Stockholders' Equity | 306,632 | | | \$308,801 | See accompanying notes to financial statements {2}------------------------------------------------  Corby and Corby #### AN ACCOUNTANCY CORPORATION 2811 WILSHIRE BLVD. SUITE 570 SANTA MONICA, CA 90403 (310) 829-0074 (310) 629-3854 FAX THOMAS 8. CORBY, CPA RANDOLPH P. CORBY, CPA #### **Report of Independent Registered Public Accounting Firm** To the shareholders and the board of directors of NewCap Partners, Inc. Opinion on the Financial Statements We have audited the accompanying statement of financial condition of NewCap Partners, Inc. (the "Company") (an S Corporation) as of December 31, 2020, the related statements of income, changes in stockholders' equity, and cash flows, for the year then ended, and the related notes (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in -all material respects, the financial position of the Company as of December 31, 2020, and the results of its operations and its cash flow for the year then ended in conformity with accounting principles generally accepted in the United States of America. Basis for Opinion These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's financial statemen…Read the full text as markdown