# LEIGH BALDWIN & CO., LLC X-17A-5 (2025-04-01) — Broker-dealer annual report - Company: LEIGH BALDWIN & CO., LLC - Form: X-17A-5 - Filed: 2025-04-01 - Period: 2024-12-31 - Accession: 0000946629-25-000003 - CIK: 946629 - File #: 8-48385 - Type: Broker-dealer - Material weakness: No - Auditor: RW Group, LLC - Auditor location: Landenberg, PA - Contact: Leigh Baldwin - Phone: 315-655-2964 - Email: leigh@leighbaldwin.com - Website: leighbaldwin.com - Signed by: Leigh Baldwin (President & CEO) Original filing: https://www.sec.gov/Archives/edgar/data/946629/000094662925000003/lbc2024public.pdf --- {0}------------------------------------------------ **UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ANNUAL REPORTS FORM X-17A-5 PART Ill FACING PAGE** 0MB APPROVAL 0MB Number: 3235-0123 Expires: Nov. 30, 2026 Estimated average burden hours per response: 12 SEC FILE NUMBER 8-48385 **Information Required Pursuant to Rules 17a-5, 17a-12, and 18a-7 under the Securities Exchange Act of 1934** FILING FOR THE PERIOD BEGINNING **O 1/O 112024** MM/DD/VY AND ENDING 1213112024 MM/DD/VY **A. REGISTRANT IDENTIFICATION** NAME OF FIRM : Leigh Baldwin & Co., LLC TYPE OF REGISTRANT (check all applicable boxes): ~ Broker-dealer O Security-based swap dealer 0 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.) 112 Albany Street (No. and Street) Cazenovia **NY** (City) (State) PERSON TO CONTACT WITH REGARD TO THIS FILING 13035 (Zip Code) Leigh Baldwin 315-655-2964 leigh@leighbaldwin.com (Name) (Area Code - Telephone Number) (Email Address) **B. ACCOUNTANT IDENTIFICATION** INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing\* RW Group, LLC (Name - if individual, state last, first, and middle name) 114 Cambridge Road Landen berg PA (Address) (City) (State) 02/23/2010 5020 19348 (Zip Code) **rte of Reg;st,atloa w;th PCAOB)(lf appUcable) FOR OFFICIAL USE ONLY (PCAOB ReglsUaUoa Nombe,, ;f appUcable)** I • 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)(l)(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.** {1}------------------------------------------------ #### **OATH OR AFFIRMATION** | ___
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_ _, swear (or affirm) that, to the best of my knowledge and belief, the | |---------------------------------------------------------------------|----------|-----------------------------------------------------------------------------------| | financial report pertaining to the firm of Leigh Baldwin & Co., LLC | | 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. BETH A. HIGGINS Notary Public, ~tat\_~ of ~ew York Qu·,litied in lvi::cc\1son County Re(]. No. Q7 l-ll~i157925 -:J & '\_;r:::- ::~:rt~ ~otary Public ff Signature: ~ **1)8 J.-c.\_** , Title: President & CEO #### **This filing\*\* contains (check all applicable boxes):** - ~ (a) Statement of financial condition. - D (b) 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. - D (e) Statement of changes in stockholders' or partners' or sole proprietor's equity. - D (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-l 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. - D (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. - D (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. - D (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. - D (o) Reconciliations, including appropriate explanations, of the FOCUS Report with computation of net capital or tangible net worth under 17 CFR 240.15c3-l, 17 CFR 240.18a-l, or 17 CFR 240.18a-2, as applicable, and the reserve requirements under 17 CFR 240.1Sc3-3 or 17 CFR 240.18a-4, as applicable, if material differences exist, or a statement that no material differences exist. - D (p) Summary of financial data for subsidiaries not consolidated in the statement of financial condition. - **iii** (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-S 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. - **iii** (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. - D (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 accountant's report based on a review of the exemption report under 17 CFR 240.l 7a-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). D (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}------------------------------------------------ ## FINANCIAL STATEMENTS # LEIGH BALDWIN & CO., LLC DECEMBER 31, 2024 {3}------------------------------------------------ # LEIGH BALDWIN & CO., LLC TABLE OF CONTENTS # \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM1 #### FINANCIAL STATEMENTS Statement of Financial Condition 2 {4}------------------------------------------------ ![](_page_4_Picture_0.jpeg) #### **REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM** To the Members of Leigh Baldwin & Co., LLC #### **Opinion on the Financial Statements** We have audited the accompanying statement of financial condition of Leigh Baldwin & Co., LLC, as of December 31, 2024, 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 Leigh Baldwin & Co., LLC as of December 31, 2024, in conformity with accounting principles generally accepted in the United States of America. #### **Basis for Opinion** These financial statements are the responsibility of Leigh Baldwin & Co., LLC's management. Our responsibility is to express an opinion on Leigh Baldwin & Co., LLC's financial statements 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 Leigh Baldwin & Co., LLC 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 statements are free of material misstatement, whether due to error or fraud . Our audit included performing procedures to assess the risks of material misstatement of the financial statements, 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 statements. 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 statements. We believe that our audit provides a reasonable basis for our opinion. We have served as Leigh Baldwin & Co., LLC's auditor since 2022. Landenberg, Pennsylvania March 31, 2025 {5}------------------------------------------------ # LEIGH BALDWIN & CO., LLC STATEMENT OF FINANCIAL CONDITION DECEMBER 31, 2024 ## ASSETS | DECEMBER 31, 2024 | | |------------------------------------------------------------|-----------------| | ASSETS | | | Cash and cash equivalents | \$
727,636 | | Deposits with clearing organizations | \$
100,000 | | Receivables from broker-dealers and clearing organizations | \$
339,038 | | Securities owned: | | | Marketable, at fair value | \$
527,122 | | Other current assets | \$
82,076 | | | \$
1,775,872 | | LIABILITIES AND MEMBERS' EQUITY | | | LIABILITIES: | | | Accounts payable, accrued expenses and other liabilities | \$
286,056 | | Total Liabilities | \$
286,056 | | MEMBERS' EQUITY | \$
1,489,816 | | | | The accompanying notes are an integral part of these financial statements Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.