# CAPITAL SYNERGY PARTNERS, INC. X-17A-5 (2025-12-08) — Broker-dealer annual report - Company: CAPITAL SYNERGY PARTNERS, INC. - Form: X-17A-5 - Filed: 2025-12-08 - Period: 2025-09-30 - Accession: 0001448202-25-000005 - CIK: 1448202 - File #: 8-68060 - Type: Broker-dealer - Material weakness: No - Auditor: Anson, Brian, W. - Auditor location: Tarzana, CA - Contact: Reyheena Faxon - Phone: 9493008220 - Signed by: Andy Holden (President) Original filing: https://www.sec.gov/Archives/edgar/data/1448202/000144820225000005/Public.pdf --- {0}------------------------------------------------ Capital Synergy Partners, Inc. Report Pursuant to Rule 17a-5 (d) Financial Statements For the Year Ended September 30, 2025 {1}------------------------------------------------ # ANNUAL REPORTS FORM X-17A-5 PART III | OMB APPROVAL
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ANNUAL REPORTS
SEC FILE NUMBER
FORM X-17A-5
8-68060
PART III
FACING PAGE
Information Required Pursuant to Rules 17a-5, 17a-12, and 18a-7 under the Securities Exchange Act of 1934
10/1/2024
9/30/2025
FILING FOR THE PERIOD BEGINNING _____________________ AND ENDING ______________________
MM/DD/YY
MM/DD/YY
A.
REGISTRANT IDENTIFICATION
Capital
Synergy
Partners,
Inc.
NAME OF FIRM: _______________________________________________________________________
TYPE OF REGISTRANT (check all applicable boxes):
Broker-dealer
Security-based swap dealer
Major security-based swap participant
Check here if respondent is also an OTC derivatives dealer
ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.)
2860
Michelle
Drive,
Suite
150
_____________________________________________________________________________________
(No. and Street)
Irvine
CA
92606
_____________________________________________________________________________________
(City)
(State)
(Zip Code)
PERSON TO CONTACT WITH REGARD TO THIS FILING
Andy
Holden
949-225-7102
_____________________________________________________________________________________
(Name)
(Area Code – Telephone Number)
(Email Address)
B.
ACCOUNTANT IDENTIFICATION
INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing*
Brian
W.
Anson,
CPA
_____________________________________________________________________________________
(Name – if individual, state last, first, and middle name)
18455
Burbank
Blvd.,
#406
Tarzana
CA
91356
_____________________________________________________________________________________
(City)
(State)
(Zip Code)
15,
2005
2370
_____________________________________________________________________________________
(Date of Registration with PCAOB)(if applicable)
(PCAOB Registration Number, if applicable)
FOR OFFICIAL USE ONLY | (Address)
September | | | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------|--|--| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | accountant must be supported by a statement of facts and circumstances relied on as the basis of the exemption. See 17 CFR 240.17a-5(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 OMB control number. {2}------------------------------------------------ #### OATH OR AFFIRMATION | Andy Holden | swear (or affirm) that, to the best of my knowledge and belief, the | |---------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------| | tinancial report pertaining to the firm of Capital Synergy Partners, Inc. | as of | | 9/30 | 2 025 __ 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. | | | | | | | Signature: | | | | Title: #### This filing \*\* contains (check all applicable boxes): - (a) Statement of financial condition. - [ (b) Notes to consolidated statement of financial condition. - (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) 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. - (g) Notes to consolidated financial statements. - (h) Computation of net capital under 17 CFR 240.15c3-1 or 17 CFR 240.18a-1, as applicable. - [ [i] Computation of tangible net worth under 17 CFR 240.18a-2. - | |} 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. - [ (1) Computation for Determination of PAB Requirements under Exhibit A to § 240.15c3-3. - (m) Information relating to possession or control requirements for customers under 17 CFR 240.15c3-3. - O (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 capible 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. - (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. - [ (r) Compliance report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - (s) Exemption report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - (t) Independent public accountant's report based on an examination of the statement of financial condition. - [] (u) Independent public accountant's report based on an examination of the financial statements under 17 CFR 240.17a-5, 17 CFR 240.18a-7, or 17 CFR 240.17a-12, as applicable. - [ {} 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. - [w] Independent public accountant's report based on a review of the exemption report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - [ {x) Supplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.17a-12, as applicable. - [] {y) Report describing any material inadequacies 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). - O (z) Other: - \*\* To request confidential treatment of certain portions of this filing, see 17 CFR 240.17a-5(e)(3) or 17 CFR 240.18c-7(d)(2), as applicable. {3}------------------------------------------------ #### CALIFORNIA ACKNOWLEDGMENT CIVIL CODE § 1189 | A notary public or other officer completing this certificate verifies only the individual who signed the document
to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | Nov. 14th 2025 before me, D. K. Shah, Notary Public | | Here Insert Name and Title of the Officer | | personally appeared Andselv Man Haller | | Name(s) of Signer(s) | | | who proved to me on the basis of satisfactory evidence to be the person whose namely is/are subscribed to the within instrument and acknowledged to me that hels were in his/herfther authorized capacity(ipe), and that by his/her signature(s) on the instrument the person(6), or the entity upon behalf of which the person(s) acted, executed the instrument. ![](_page_3_Picture_4.jpeg) Place Notary Seal and/or Stamp Above 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 Notary Public | | fraudulent reattachment of this form to an unintended document. | | | | |--------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--| | | Description of Attached Document | | | | | | Title or Type of Document: ORRE on A A fissmation | | | | | Document Date: . | | | Number of Pages: Number of Pages: Number of Pages: No | | | | Signer(s) Other Than Named Above: ____________________________________________________________________________________________________________________________________________ | | | | | | Capacity(ies) Claimed by Signer(s) | | | | | | Signer's Name: _______________________________________________________________________________________________________________________________________________________________ | | Signer's Name: _______________________________________________________________________________________________________________________________________________________________ | | | | D Corporate Officer - Title(s): _ _ _ _ _ _ _ _ _ _ _ | | Corporate Officer - Title(s): | | | | | O Partner - O Limited O General | | | | | | | | | | | Attorney in Fact | O Individual | Attorney in Fact | | | | Guardian or Conservator | O Trustee | | | | D Partner - D Limited O General
Individual
Trustee
Other: | | Other: | Guardian or Conservator | | 100000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 ©2019 National Notary Association {4}------------------------------------------------ #### BRIAN W. ANSON Certified Public Accountant 18455 Burbank Blvd., Suite 406, Tarzana, CA 91356 · Tel. (818) 636-5660 #### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Shareholder's and Board of Directors of Capital Synergy Partners, Inc. #### Opinion on the Financial Statements I have audited the accompanying statement of financial condition of Capital Synergy Partners, Inc. as of September 30, 2025, the related statements of income, changes in shareholder's equity, and cash flows for the year then ended, and the related notes (collectively referred to as the financial statements). In my opinion, the financial statements present fairly, in all material respects, the financial position of Capital Synergy Partners. Inc. as of September 30, 2025, and the results of its operations and its cash flows 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 Capital Synergy Partners, Inc.'s management. My responsibility is to express an opinion on Capital Synergy Partners, Inc.'s financial statements based on my audit. I am a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and am required to be independent with respect to Capital Synergy Partners, Inc. in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. I conducted my audit in accordance with the standards of the PCAOB. Those standards require that I 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. My 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. My audit also included evaluating the accounting principles used and significant estimates made by management, as evaluating the overall presentation of the financial statements. I believe that my audit provides a reasonable basis for my opinion. #### Auditor's Report on Supplemental Information The information contained in Schedule I, II, and III ("Supplemental Information") has been subjected to audit procedures performed in conjunction with the audit of the Capital Synergy Partners, Inc.'s financial statements. The Supplemental Information is the responsibility of the Capital Synergy Partners, Inc.'s management. My audit procedures included determining whether the Supplemental Information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the Supplemental Information. In forming my opinion on the Supplemental Information, I evaluated whether the Supplemental Information, including its form and content is presented in conformity with 17 C.F.R. § 240.17a-5. In my opinion, Schedules I, II, and III are fairly stated, in all material respects, in relation to the finaneral statements taken as a whole. Vim Brian W. Anson. CPA I have served as Capital Synergy Partners, Inc.'s auditor since 2015. Tarzana, California November 17, 2025 {5}------------------------------------------------ # Capital Synergy Partners, Inc. Statement of Financial Condition September 30, 2025 #### Assets | Cash | \$404,032 | |-------------------------|-----------| | Accounts Receivable | 409 | | Accrued Income | 19,356 | | Clearing Broker Deposit | 50,000 | | Prepaid expenses | 9,881 | | Total Assets | \$483,678 | ### Liabilities and Shareholder's Equity | Lia billities | | |-------------------------------------------------|-----------| | Accounts Payable | \$6.257 | | Due to Related Party | 1,417 | | Accrued liabilities | 469 | | Commission payable | 26.832 | | Total Liabilities | 34,975 | | Shareholder's Equity | | | Common stock (\$1 par value, 100,000 shares | | | authorized; 8602 shares issued and outstanding) | 8,602 | | Paid in capital | 359,608 | | Retained Earnings | 80.493 | | Total Shareholder's Equity | 448,703 | | Total Liabilities and Shareholder's Equity | \$483.678 | See Accompanying Notes to Financial Statements {6}------------------------------------------------ #### Note 1 Nature of Business Capital Synergy Partners, Inc. (CSP) is owned by Andrew A. Holden Family Trust and William Rapp. CSP is registered as a securities broker-dealer conducting a general securities business on a fully disclosed basis as an introducing broker-dealer. CSP provides its clients the ability to purchase and/or sell Mutual Funds, Equities, Bonds, Unit trusts or closed end funds, REITs, exchange traded funds, and Private Placements (Best Efforts only). CSP also offers direct placement products such as limited partnerships, variable life insurance, and variable annuities directly to the general public through registered representatives. CSP also maintains margin accounts and option accounts for its clients through its third party clearing firm RBC. The firm has a clearing deposit of \$50,000 with RBC. #### Note 2 - ASC 606 Revenue Recognition 1. Revenue A. Significant accounting policy Revenue is measured based on a consideration specified in a contract with a customer, and excludes any sales incentives and amounts collected on behalf of third parties. The Company recognizes revenue when it satisfied a performance obligation by transferring control over a product or service to a customer. Taxes and regulatory fees assessed by a government authority or agency that are both imposed on and concurrent with a specified revenue-producing transaction, that are collected by the Company from a customer, are excluded from revenue. #### B. Nature of services The following is a description of activities separated by reportable segments, per FINRA Form Supplemental Statement of Income (SSOI); from which the Company generates its revenue. For more detailed information about reportable segments, see below Commissions: This includes performance obligations related to transactions that is subject to SEA Rule 10b-10 for any renumeration that would need to be disclosed. It also includes any transaction when the Company is engaged as an agent. It does not include net gains or losses from transactions made by the Company when acting as a principal, or riskless principal. Revenue from sale of Investment Company Shares: This includes concessions earned from the sale of open-end mutual funds that contain a load. Included are commissions charged on transactions on no load funds and UITs to the extent they are open end companies. Revenue from sale of Insurance Based Products: This includes revenue from any variable annuity or any other financial instrument that contains an insurance and security component and includes fixed annuities. {7}------------------------------------------------ #### Note 2 ASC 606 Revenue Recognition (continued) Interest/Rebate/Dividend Income. This includes rebates and/or interest earned on Securities borrowings; reverse repurchase transactions; Margin interest; interest earned from customer bank sweep into FDIC insured products and 40 Act investments and any interest and/or dividends on securities held in inventory. Fees earned: This includes fees earned from affiliated entities; investment banking fees, M&A advisory; account supervision and investment advisory fees; administrative fees, revenue from research services; rebates from exchanges/ECN and ATS; 12b-1 fees; Mutual fund fees other than concessions or 12b-1 fees; execution service fees; clearing services; fees earned from customer bank sweep into FDIC insured products or from 40Act companies and networking fees from 40 Act companies. Basis of Presentation The Company conducts the following types of business as a securities broker-dealer, which comprises several classes of services, including: - Broker or dealer retailing corporate equity securities over-the-counter - Broker or dealer selling corporate debt securities - Mutual fund retailer - U.S. government securities broker - Municipal securities dealer - Broker or dealer selling variable life insurance or annuities - Broker or dealer selling oil and gas interests - Put and call broker or dealer or option writer - Investment advisory services - Broker or dealer selling tax shelters or limited partnerships in primary distributions - Broker or dealer selling tax shelters or limited partnerships in the secondary market - Non-exchange member arranging for transactions in listed securities by exchange member - Private placements of securities {8}------------------------------------------------ ### Note 3 Significant Accounting Policies Under its membership agreement with FINRA and pursuant to SEC Rule 15c3-3 (k)(2)(ii) (the Customer Protection Rule), CSP conducts business on a fully disclosed basis clearing all transactions through its clearing firm. CSP will not hold customer funds or safe keep customer securities. Accordingly, the Company is exempt from the requirement of Rule 15c3-3 under the Securities Exchange Act of 1934 pertaining to the possession or control of customer assets and reserve requirements. Use of Estimates - The preparation of financial statements in conformity with generally accepted accounting principles 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. Commission Income Commissions and related clearing expenses are recorded on a trade-date basis as securities transactions occur. Commission on variable insurance products are recorded when earned. Income Taxes The amount of current taxes payable or refundable is recognized as of the date of the financial statements, utilizing currently enacted tax laws and rates. The Company recognizes and measures its unrecognized tax benefits in accordance with FASB ASC 740, Income Taxes. Under that guidance the Company assesses the likelihood, based on their technical merit, that tax positions will be sustained upon examination based on the facts, circumstances and information available at the end of each period. The measurement of unrecognized tax benefits is adjusted when new information is available, or when an event occurs that requires a change. Property and Equipment Acquisitions of property and equipment of \$1,000 or more are capitalized. Property and equipment are stated at cost and depreciation, or amortization is computed when assets are placed in service using the straight-line method over estimated useful lives of 3 to 10 years. Commitments and Contingencies There are no commitments, contingencies or guarantees as of September 30, 2025. The Company was not subject to any litigation during or at year end September 30, 2025. Segment Reporting - The Company is engaged in a single line of business as a securities broker dealer, which is comprised of one class of service. The Company has identified its President as the chief operating decision maker (CODM), who uses net income to evaluate the results of the business, predominantly in the forecasting process, to manage the Company. {9}------------------------------------------------ ### Note 3 Significant Accounting Policies (continued) Additionally, the CODM uses excess net capital, which is not a measure of profit and loss, to make operational decisions while maintaining capital adequacy, such as whether to reinvest profits or pay dividends. The Companys operations constitute a single operating segment and therefore, a single reportable segment, because the CODM manages the business activities using information from the Company as a whole. The accounting policies used to measure the profit and loss of the segment are the same as those described in the summary of significant accounting policies. ### Note 4 Fair Value FASB ASC 820 defines fair value, establishes a framework for measuring fair value, and establishes a fair value hierarchy which prioritizes the inputs to valuation techniques. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A fair value measurement assumes that the transaction to sell the asset or transfer the liability occurs in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market. Valuation techniques that are consistent with the market, income or cost approach, as specified by FASB ASC 820, are used to measure fair value. The fair value hierarchy prioritizes the inputs to valuation techniques used to measure fair value into three broad levels: - Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities the Company has the ability to access. - Level 2 inputs are inputs (other than quoted prices included within level 1) that are observable for the asset or liability, either directly or indirectly. - Level 3 are unobservable inputs for the asset or liability and rely on managements own assumptions about the assumptions that market participants would use in pricing the asset or liability. (The unobservable inputs should be developed based on the best information available in the circumstances and may include the Companys own data.) There are no assets or liabilities to measure at September 30, 2025. {10}------------------------------------------------ ### Note 5 Related Party The Company is subleasing its premises from an affiliated company on a month-to-month basis for an annual total of \$18,000. The Company has reviewed ASC 842 Lease Accounting and does not believe it is applicable to the Company because the operating lease for the companys office space is by the parent Company. The Company also pays a fixed Monthly Service Fee for Commission Accounting and IT Services totaling \$6,420. The Company pays for phone service and other reimbursable costs for a total of \$10,028. The Company paid \$323,213 to related parties for the year ended September 30, 2025 for 401k Consulting Services to assist in compliance with the IRS rules of 401k administration. At September 30, 2025, The Company owed related party \$1,417. # Note 6 - Concentration of Credit Risk The Company is engaged in various trading and brokerage activities in which counter-parties primarily include broker-dealers, banks, and other financial institutions. In the event counterparties do not fulfill their obligations, the Company may be exposed to risk. The risk of default depends on the creditworthiness of the counter-party or issuer of the instrument. It is the Companys policy to review, as necessary, the credit standing of each counter-party. ### Note 7 Net Capital Requirements The Company is subject to the SEC Uniform Net Capital Rule (SEC Rule 15c3-1), which requires the maintenance of minimum net capital and requires that the ratio of aggregate indebtedness to net capital, both as defined, shall not exceed 15 to 1. Rule 15c3-1 also provides that equity capital may not be withdrawn or cash dividends paid if the resulting net capital ratio would exceed 10 to 1. At September 30, 2025, the Company had net capital of \$438,413 which was \$433,414 in excess of its required net capital of \$5,000. The Companys net capital ratio was .08 to 1. {11}------------------------------------------------ #### Note 8 Income Taxes The current portions of the income tax expense (benefit) included in the statement of operations as determined in accordance with FASB ASC 740 are as follows: | Federal | \$ 25,873 | |---------|-------------| | State | \$
3,087 | The Company is subject to audit by the taxing agencies for years ending September 30, 2022, 2023 and 2024. # Note 9 Exemption from the SEC Rule 15c3-3 The Company is an introducing broker-dealer that clears all transactions with and for customers on a fully disclosed basis with an independent securities clearing company and promptly transmits all customer funds and securities to the clearing company, which carries all of the accounts of such customers and maintains and preserves such books and records pertaining thereto pursuant to the requirements of the SEC Rule 17a-3 and 17a-4, as are customarily made and kept by a clearing broker or dealer ### Note 10 Subsequent Events The management has reviewed the results of operations for the period of time from its year end September 30, 2025 through November 17, 2025 the date the financial statements were available to be issued, and have determined that no adjustments are necessary to the amounts reported in the accompanying financial statements nor have any subsequent events occurred, the nature of which would require disclosure. Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.