Full text of VENECREDIT SECURITIES, INC.'s X-17A-5 filed 2023-04-14 (period 2022-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ # **VENECREDIT SECURITIES, INC.** #### **(a wholly-owned subsidiary of VBT Holdings, Ltd.)** Miami, Florida (S.E.C. I.D. No. 8-53425) #### **FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION** December 31, 2022 {1}------------------------------------------------ # VENECREDIT SECURITIES, INC. (a wholly-owned subsidiary of VBT Holdings, Ltd.) ### Miami, Florida # FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION December 31, 2022 # CONTENTS | REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM…………………… 1-2 | | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------| | FINANCIAL STATEMENTS<br>STATEMENT OF FINANCIAL CONDITION……………………………………… 3<br>STATEMENT OF OPERATIONS……………………………………………………… 4<br>STATEMENT OF CHANGES IN STOCKHOLDER'S EQUITY…………………………… 5<br>STATEMENT OF CASH FLOWS……………………………………………………<br>NOTES TO FINANCIAL STATEMENTS…………………………………………………… | 6<br>7-17 | | SUPPLEMENTARY INFORMATION<br>SCHEDULE OF THE COMPUTATION OF NET CAPITAL<br>PURSUANT TO RULE 15c3-1………………………………………………………………. 18 | | | STATEMENT OF EXEMPTION FROM THE COMPUTATION<br>FOR DETERMINATION OF RESERVE REQUIREMENTS AND<br>INFORMATION RELATING TO POSSESSION OR CONTROL<br>REQUIREMENTS UNDER RULE 15C3-3 OF THE SECURITIES<br>AND EXCHANGE COMMISSION ……………………………………………………… 19 | | | INFORMATION REGARDING COMPLIANCE WITH RULE 15c3-3<br>REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM<br>ON EXEMPTION REPORT………………………………………………………………… 20 | | | EXEMPTION REPORT UNDER RULE 17a-5(d)(4) OF THE SECURITIES AND<br>EXCHANGE COMMISSION………………………………………………………………… 21 | | {2}------------------------------------------------ ### VENECREDIT SECURITIES, INC. STATEMENT OF FINANCIAL CONDITION December 31, 2022 Expressed in US Dollars \$ | ASSETS<br>Cash and cash equivalents<br>Deposit with Pershing (restricted)<br>Receivables from Pershing<br>Securities owned, at fair value<br>Prepaid expenses and other assets<br>Income tax receivable<br>Net deferred tax asset<br>Right-of-use asset | \lt;br>147,805<br>100,000<br>211,699<br>5,299,569<br>306,522<br>78,425<br>55,781<br>1,045,075 | |---------------------------------------------------------------------------------------------------------------------------------------------------…Read the full text as markdown