Full text of PRECISION SECURITIES, LLC's X-17A-5 filed 2020-03-02 (period 2019-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ Financial Statements with Report of Independent Registered Public Accounting Firm December 31, 2019 {1}------------------------------------------------ # **Table of Contents** ## **December 31, 2019** | | Page | |-------------------------------------------------------------------------------------------------------------|-------| | Securities and Exchange Commission Form X-17A-5 | 1-2 | | Report of Independent Registered Public Accounting Firm | 3-4 | | Audited Financial Statements: | | | Statement of Financial Condition | 5 | | Statement of Income. . | 6 | | Statement of Changes in Members' Equity | 7 | | Statement of Changes in Liabilities Subordinated to Claims of General Creditors. | 8 | | Statement of Cash Flows | 9 | | Notes to Financial Statements | 10-12 | | Other Financial Information: | | | Computation of Net Capital<br>Schedule I -<br>Pursuant to SEC Rule 15c3-1 | 13 | | Computation for Determination of Reserve<br>Schedule II -<br>Requirements Pursuant to Rule 15c3-3 | 14 | | Schedule III -<br>Information Relating to the Possession<br>or Control Requirements Pursuant to Rule 15c3-3 | 15 | {2}------------------------------------------------ UNITED STATES OMBNumber: SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ## ANNUAL AUDITED REPORT FORM X-17A-5 PART III | 0MB Number: | 3235-0123 | | | | | |---------------------------|-----------------|--|--|--|--| | Expires: | August 31, 2020 | | | | | | Estimated average burden | | | | | | | hours per response 12.00 | | | | | | SEC FILE NUMBER 8-52441 FACING PAGE Information Required of Brokers and Dealers Pursuant to Section 17 of the Securities Exchange Act of 1934 and Rule 17a-5 Thereunder | A. REGISTRANT IDENTIFICATION<br>NAME OF BROKER-DEALER:<br>Precision Securities, LLC<br>ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use P.O. Box No.)<br>16885 Via Del Campo Ct., Suite 120<br>(No. and Street)<br>San Diego, CA 92127<br>(City)<br>(State)<br>(Zip Code)<br>NAME AND TELEPHONE NUMBER OF PERSON TO CONTACT IN REGARD TO THIS REPORT<br>Shawn Turner<br>{858) 673-6653<br>(Area Code - Telephone No.)<br>B. ACCOUNTANT IDENTIFICATION<br>INDEPENDENT PUBLIC ACCOUNT ANT whose opinion is contained in this Report*<br>Ronald Blue & Co. CPAs and Consultants, LLP<br>(Name-if individual, state last,flrst, middle name)<br>1551 N Tustin Ave., Suite 1000<br>Santa Ana<br>California<br>92705<br>(Address)<br>(City)<br>(State)<br>(Zip Code)<br>CHECK ONE:<br>0<br>Certif…Read the full text as markdown