# STONINGTON CORPORATION X-17A-5 (2026-03-16) — Broker-dealer annual report - Company: STONINGTON CORPORATION - Form: X-17A-5 - Filed: 2026-03-16 - Period: 2025-12-31 - Accession: 0000919480-26-000003 - CIK: 919480 - File #: 8-46961 - Type: Broker-dealer - Material weakness: No - Auditor: NTT & Company, PLLC - Auditor location: Beaumont, TX - Contact: William D Forster - Phone: 646 541 1134 - Email: wdf@wforster.com - Website: wforster.com - Signed by: William Forster (President) Original filing: https://www.sec.gov/Archives/edgar/data/919480/000091948026000003/stoningtoncorp2025public10pp.pdf --- {0}------------------------------------------------ ## UNITED STATES **SECURITIES AND EXCHANGE COMMISSION** Washington, D.C. 20549 # **ANNUAL REPORTS FORM X-17A-S PART** Ill **FACING PAGE** **Information Required Pursuant to Rules 17a-5, 17a-12, and 18a-7 under the Securities Exchange Act of 1934** | FILING FOR THE PERIOD BEGINNING 01 /01 /25 | | AND ENDING 1 2/31 / | 2 5 | |--------------------------------------------|------------------------------|---------------------|----------| | | MM/DD/VY | | MM/DD/VY | | | A. REGISTRANT IDENTIFICATION | | | # NAME oF FIRM: Stonington Corporation TYPE OF REGISTRANT (check all applicable boxes): 0 Broker-dealer □ Security-based swap dealer Major security-based swap participant D Check here if respondent is also an OTC derivatives dealer ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) # 342 West 22nd Street | (No. and Street) | | | | | | |------------------|---------|------------|--|--|--| | New York | NY | 10011 | | | | | (City) | (State) | (Zip Code) | | | | | | | | | | | PERSON TO CONTACT WITH REGARD TO THIS FILING William Forster (646) 541,.1134 wdf@wforster.com (Name) (Area Code - Telephone Number) (Email Address) ## **B. ACCOUNTANT IDENTIFICATION** INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing\* # NTT & Company, PLLC | | (Name - if individual, state last, first, and middle name) | | | |------------------------------------------------|------------------------------------------------------------|---------|---------------------------------------------| | 5865 Mistloe Avenue | Beaumont | TX | 77707 | | (Address} | (City) | (State) | (Zip Code} | | 03/19/2019 | | 6543 | | | T"
of Reg;stcafoo w;th PCAOB)(ff applkableJ | | | I
(PCAOB Reg;mafoo Nombec, ;f apphcableJ | | | FOR OFFICIAL USE ONLY | | | | | | | | \* Claims for exemption from the requirement that the annual reports be covered by the reports of an independent public accountant must be supported by a statement of facts and circumstances relied on as the basis of the exemption. See 17 CFR 240.17a-S(e)(1)(ii), if applicable. **Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid 0MB control number.** 0MB APPROVAL 0MB Number: 3235-0123 Expires: Nov. 30, 2026 Estimated average burden hours per response: 12 | SEC FILE NUMBER | | |-----------------|--| | 8-46961 | | {1}------------------------------------------------ ## **OATH OR AFFIRMATION** | William Forster | | |-----------------|--| | I, William Forster | | | | | | swear (or affirm) that, to the best of my knowledge and belief, the | | |--------------------|--|----|-----------------------------------------------------------------------------------|--|--|---------------------------------------------------------------------|---------| | | | | financial report pertaining to the firm of ___________________________ | | | | J as of | | 12/31 | | 2~ | is true and correct. I further swear (or affirm) that neither the company nor any | | | | | | | | | | | | | | partner, officer, director, or equivalent person, as the case may be, has any proprietary interest in any account classified solely as that of a customer. ![](_page_1_Picture_4.jpeg) #### **This filing\*\* contains (check all applicable boxes):** - **l!il** (a) Statement of finandal condition. - **l!il** (bl Notes to consolidated statement of financial condition. - D (c) Statement of income (loss) or, if there is other comprehensive income in the period(s) presented, a statement of comprehensive income (as defined in§ 210.1-02 of Regulation S-X). - D (d) Statement of cash flows. - □ (e) Statement of changes in stockholders' or partners' or sole proprietor's equity. - □ (f) Statement of changes in liabilities subordinated to claims of creditors. - D (g) Notes to consolidated financial statements. - D (h) Computation of net capital under 17 CFR 240.15c3-1 or 17 CFR 240.18a-1, as applicable. - D (i) Computation of tangible net worth under 17 CFR 240.18a-2. - D (j) Computation for determination of customer reserve requirements pursuant to Exhibit A to 17 CFR 240.15c3-3. - □ (k) Computation for determination of security-based swap reserve requirements pursuant to Exhibit B to 17 CFR 240.15c3-3 or Exhibit A to 17 CFR 240.18a-4, as applicable. - □ (I) Computation for Determination of PAB Requirements under Exhibit A to§ 240.15c3-3. - D (m) Information relating to possession or control requirements for customers under 17 CFR 240.15c3-3. - □ (n) Information relating to possession or control requirements for security-based swap customers under 17 CFR 240.15c3-3(p)(2) or 17 CFR 240.18a-4, as applicable. - □ (o) Reconciliations, including appropriate explanations, of the FOCUS Report with computation of net capital or tangible net worth under 17 CFR 240.15c3-1, 17 CFR 240.18a-1, or 17 CFR 240.18a-2, as applicable, and the reserve requirements under 17 CFR 240.15c3-3 or 17 CFR 240.18a-4, as applicable, if material differences exist, or a statement that no material differences exist. - □ (p) Summary of financial data for subsidiaries not consolidated in the statement of financial condition. - **l!il** (q) Oath or affirmation in accordance with 17 CFR 240.17a-5, 17 CFR 240.17a-12, or 17 CFR 240.18a-7, as applicable. - D (r) Compliance report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - D (s) Exemption report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - **l!il** (t) Independent public accountant's report based on an examination of the statement of financial condition. - D (u) Independent public accountant's report based on an examination of the financial report or financial statements under 17 CFR 240.17a-5, 17 CFR 240.18a-7, or 17 CFR 240.17a-12, as applicable. - □ (v) Independent public accountant's report based on an examination of certain statements in the compliance report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - D (w) Independent public ac.countant's report based on a review of the exemption report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - D (x) Supplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.15c3-le or 17 CFR 240.17a-12, as applicable. - D (y) Report describing any material inadequacies found to exist or found to have existed since the date of the previous audit, or a statement that no material inadequacies exist, under 17 CFR 240.17a-12(k). □ (z) Other: \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ \_ - \*\*To request confidential treatment of certain portions of this filing, see 17 CFR 240.17a-5(e)(3) or 17 CFR 240.18a-7(d)(2}, as applicable. {2}------------------------------------------------ #### CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE & 1189 A notary public or other officer completing this certificate vertiles only the includual who signed the document to which this certificate is attached, and not the truthfulness, acouracy, or validity of that dooument. State of California County of Los Angeles 03/07/2026 before me, \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ Notary Public, Here Insert Name and Title of the Officer Nilliam For Acr personally appeared Name(s) of Signer(s) . who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) Is/are subscribed to the within instrument and acknowledged to me that helsher they executed the same in his/her/their authorized capacity(les), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. ลงดงอนด์เลนด์เล่นดีเด็กได้เล่นค่าคมองคนองคงองคนองคนองคนองคนองคนองคนองค์เลนด์เล่นสนอนคนองค์เลนด์ I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature Signature of Motary Public Place Notary Seal Above ANTHONY RUIZ Notary Public - California Los Angeles County Commission # 2489613 Comm. Expires May 7, 2028 OPTIONAL Though this section is optional, completing this information can deter alteration of the document or fraudulent reattachment of this form to an unintended document. | Description of Attached Document
Title or Type of Document: 0017h of WHirman W1 Document Date: | 03/01/202 | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | Signer of Pages: 2 Signer(s) Other Than Named Above: | | | | | | Capacity(ies) Claimed by Signer(s) | | | Signer's Name: _______________________________________________________________________________________________________________________________________________________________ | Signer's Name: _______________________________________________________________________________________________________________________________________________________________ | | El Corporate Officer - Title(s): _____________________________________________________________________________________________________________________________________________ | □ Corporate Officer - Title(s): | | [ Partner - [ Limited [ General | Partner - D Limited [ General | | Individual□ Attorney in Fact . | Individual D Attorney in Fact | | O Trustee @ Guardian or Conservator | Guardian or Conservator
Trustee and and | | O Other: | O Other: | | Signer Is Representing: ______________________________________________________________________________________________________________________________________________________ | Signer Is Representing: | | | | the many of the many of the mensions were were are the may the was and the was not one works and the world and @2014 National Notary Association . www.NationalNotary.org . 1-800-US NOTARY (1-800-876-6827) Item #5907 {3}------------------------------------------------ # **Stonington Corporation** Financial Statements and Supplemental Schedules Required by the U.S. Securities and Exchange Commission Including Independent Auditor's Report Therein **December 31, 2025** {4}------------------------------------------------ # **Table of Contents** | Independent Auditor's Opinion 3 | | |-------------------------------------------------------------|--| | . 4
Statement of Financial Condition -
Balance Sheet | | | Footnotes to Financial Statements
. 5 | | {5}------------------------------------------------ ### **REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM** To the Director and Shareholder of Stonington Corporation: ## **Opinion on Financial Statements** We have audited the accompanying statement of financial condition of Stonington Corporation (the "Company") as of December 31, 2025, and the related notes (collectively referred to as "financial statement"). In our opinion, the financial statement presents fairly, in all material respects, the financial position of the Company as of December 31, 2025, in conformity with accounting principles generally accepted in the United States of America. #### **Basis for Opinion** These financial statement is the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's financial statement based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statement is free from material misstatement, whether due to error or fraud. Our audit included performing procedures to assess the risks of material misstatement of the financial statement, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statement. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statement. We believe that the audit of the financial statement provides a reasonable basis for our opinion. Beaumont, Texas February 13, 2025 We have served as the auditor for Stonington Corporation since 2019. NTT & Company, PLLC 5865 Mistletoe Avenue Beaumont, TX 77707 512. 766.8131 NathanTuttle@NTTCoCPA.com {6}------------------------------------------------ # Stonington Corporation # Statement of Financial Condition As of and for the Year-Ended December 31. 2025 # ASSETS # CURRENT ASSETS | Cash | \$ 13.407.30 | |----------------------|--------------| | Total Current Assets | 13.407.30 | TOTAL ASSETS \$ 13,407.30 # LIABILITIES and STOCKHOLDER'S EQUITY ## CURRENT LIABILITIES | Income Tax Payable | | 125.00 | | | |-----------------------------------|--------------|-----------|--|--| | Total Current Liabilities | | 125.00 | | | | LONG TERM LIABILITIES | | | | | | Total Liabilities | ಲ್ಲಿ | 125.00 | | | | STOCKHOLDER'S EQUITY | | | | | | Capital Stock, no par value | S | 42.00 | | | | 200 shares authorized. 42 shares | | | | | | issued and outstanding | | | | | | Paid in Excess | 506.511.88 | | | | | Retained Earnings | (493,271.58) | | | | | Total Stockholder's Equity | | 13.282.30 | | | | TOTAL LIABILITIES AND | | | | | | STOCKHOLDER'S EQUITY \$ 13,407.30 | | | | | The accompanying notes are an integral part of these financial statements 4 {7}------------------------------------------------ # Stonington Corporation Footnotes to Financial Statements For the year ended 12/31/2025 # NOTE A -- SUMMARY OF ACCOUNTING POLICIES Accounting principles followed by the Company and the methods of applying those principles which materially affect the determination of financial position. results of operations and cash flows are summarized below: # Organization Stonington Corporation (the "Company") was incorporated in the state of New York effective June 8, 1995. The Company has adopted a calendar year. # Description of the Business The Company, located in New York, NY is a broker-dealer firm registered with the Securities and Exchange Commission ("SEC") and is a member of FIN RA. The Company operates under SEC Rule I Sc-3 (k)(2)(i), which provides an exemption because of --special Account for the benefit of Customers." ## Basis of Accounting The financial statements of the Company have been prepared on the accrual basis of accounting and accordingly reflect all significant receivables. payables and other liabilities. #### Cash and Cash Equivalents The Company considers as cash all short-term investments \\ ith an original maturity of three months or less to be cash equivalents. ## Accounts Receivable-Recognition of Bad Debt The Company considers accounts receivable to be fully collectible: accordingly, no allowance for doubtful accounts is required. If amounts become uncollectible. they will be charged to operations when that determination is made. #### Revenue Recognition The Company adopted A.SU 2014-09, Revenue from Contracts vvith Customers, (codified in A.SC 606). The Company recognizes revenue when services are transferred to clients. Revenue is recognized based on the amount of consideration that management expects to receive in exchange for these services in accordance with the terms of the contract with the client. To determine the amount and timing of revenue recognition, the Company must (I) identify the contract \\ ith the client, (2) identify the performance obligations in the contract, (3) determine the transaction price, ( 4) allocate the transaction price to the performance obligations in the contract, and (5) recognize revenue when the Company satisfies a performance obligation. Advisory. consulting and private placement fees are recognized on a contractual basis with the fee stipulated in the contract. Advisory and consulting fees are recognized ratably over the prior period. Private placement fees are recognized when the proceeds of the private placement are received. {8}------------------------------------------------ # Stonington Corporation Footnotes to Financial Statements For the year ended l 2/3 J /2025 # Depreciation Depreciation is calculated using the straight-line method. ## Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. ## Fair Value of Financial Instruments Financial Instruments that are subject to fair value disclosure requirements are carried in the financial statements at the amount that approximate fair value and include cash and cash equivalents. Fair values are based on quoted market prices and assumptions concerning the amount and timing of estimated future cash flows and assumed discount rates reflecting varying degrees of perceived risk. #### Comprehensive Income Statement of Financial Accounting Standards ( SF AS) No. 130, Reporting Comprehensive Income, establishes requirements for disclosure of Comprehensive Income that includes certain items previously not included in the statement of income, including unrealized gains and losses on available-for-sales securities and foreign currency translation adjustment among others. During the year ended December 31, 2025, the Company did not have any components oflomprehensive Income to report. #### Concentrations The Company concentration is in services, and primarily the prm ision of merger and acquisition advice and acting as an advisor and agent for private placements. In past years the Company has received revenue from finder's fees paid by a fund manager. #### Income Taxes The Company has elected to be taxed under the provisions of Subchapter "S'' of the Internal Revenue Code and New York State income tax regulations. Under those provisions the Company does not pay federal or state income taxes. 6 {9}------------------------------------------------ # Stonington Corporation Footnotes to Financial Statements For the year ended l 2/3 I /2025 (Continued) # NOTE **B** -- NET **CAPITAL REQUIREMENTS** Pursuant to the net capital provisions of Rule I 3c3-3 of the Securities and Exchange Act of 1934, the Company is required to maintain a minimum net capital, as defined under such provision. Net Capital and the related net capital ratio may fluctuate on a daily basis. There were no material inadequacies in the amount reported as Net Capital in the audited Computation of Net Capital and the broker-dealer's corresponding amounts reported in Part !IA of the FOCUS report required under Rule 15c3-l . # NOTE C -POSSESSION OF CONTROL REQUIREMENTS The Company does not have possession of control of customer·s funds or securities. There were no material inadequacies in the procedures followed in adhering to the exemptive provisions of SEC Rule 15c-l 3-3(k)(2)(i) because the Company does not handle customer funds or securities. # NOTED- RELATED PARTY TRANSACTIONS An affiliated entity owned by the stockholder of the Company provides office space, consulting, personnel, and other services for the day-to-day operation of the Company under a master services agreement. The Company incurred \$1,600 fees during the year ended December 31, 2025 related to this agreement. On October 21, 2025 the sole shareholder of the firm purchased an additional 4 shares of Company's common stock for an aggregate purchase consideration of \$10,000. ## NOTE E - SIPC RECONCILIATION SEA Rule I 7a-5( e )( 4) requires a registered broker-dealer to file a supplemental report which included procedures related to the broker-dealer·s SIPC annual general assessment reconciliation or exclusionfrom-membership forms. In circumstances where the broker-dealer reports \$500,000 or less in gross revenues, it is not required to file the supplemental SlPC report. The Company is exempt from filing the supplemental report under SEA Rule I 7a-5(3)(4) because it is reporting less than \$500,000 in gross revenue. #### NOTE F - COMMITMENTS AND CONTINGENCIES Stonington Corporation does not have and never had any commitments, guarantees, or contingencies (arbitrations, lawsuits, claims, etc.) that may result in a loss or future obligation or that may be asserted against the Company at a future date. #### NOTE G - SUBSEQUENT EVENT The Company has evaluated events subsequent to the balance sheet date for items requiring recording or disclosure in.the financial statements. The evaluation was performed through the date the financial statement was available to be issued. Based upon this review, the Company detennined that there were no events which took place that would have a material impact on its financial statements. Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.