# BOWNE PARK CAPITAL, INC. X-17A-5 (2026-02-03) — Broker-dealer annual report - Company: BOWNE PARK CAPITAL, INC. - Form: X-17A-5 - Filed: 2026-02-03 - Period: 2025-12-31 - Accession: 0001497229-26-000002 - CIK: 1497229 - File #: 8-68661 - Type: Broker-dealer - Material weakness: No - Auditor: Jennifer Wray, CPA - Auditor location: Sugar Land, TX - Contact: Robert J Onesti - Phone: 9175637951 - Email: jenniferwraycpa@yahoo.com - Signed by: Robert J Onesti (President) Original filing: https://www.sec.gov/Archives/edgar/data/1497229/000149722926000002/audit.pdf --- {0}------------------------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 # ANNUAL REPORTS FORM X-17A-5 PART III ![](_page_0_Figure_2.jpeg) ![](_page_0_Picture_3.jpeg) ![](_page_0_Figure_4.jpeg) [] Check here if respondent is also an OTC derivatives dealer 2016 (Date of Registration with PCAOB)(if applicable) 11 30 ![](_page_0_Figure_6.jpeg) 6328 (PCAOB Registration Number, if applicable) #### FOR OFFICIAL USE ONLY \* Claims for exemption from the requirement that the annual 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-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. {1}------------------------------------------------ #### OATH OR AFFIRMATION IllaRonT J. ONESTI swear (or affirm) that, to the best of my knowledge and belief, the financial report pertaining to the firm of Sowar Poly CAPITAL, CAPITAL, Inc. DECGARIBLA 31 , as of , 20 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 proprieting the collectify hor ally as that of a customer as that of a customer. Notary Public ### This filing\*\* contains (check all applicable boxes): - (a) Statement of financial condition. - [ (b) Notes to consolidated statement of financial condition. - (c) Statement of income (foss) 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. Signature; Title: ORHIBE LINDA KEH Notary Public, State of New York No. 01KE6123774 Qualified in Nassau County Commission Expires March 14, 2029 - - O (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. - (i) Computation for determination of customer reserve requirements pursuant to Exhibit A to 17 CFR 240.15c3-3. - [] { [ 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. - | - (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 capital onet worth under 17 CFR 240.15c3-1, 17 CFR 240.18a-1, or 17 CFR 240.1Ba-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. - O (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. - [1] 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. - a (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 240.15c3-1e or 17 CFR 240.17a-12, as applicable. - □ (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 fliing, see 17 CFR 240.170-5(e)[3] or 17 CFR 240.18c-7(d)[2], as applicable. {2}------------------------------------------------ BOWNE PARK CAPITAL, INC. FINANCIAL REPORT December 31, 2025 {3}------------------------------------------------ ## BOWNE PARK CAPITAL, INC. FINANCIAL REPORT DECEMBER 31, 2025 TABLE OF CONTENTS | | Page | |------------------------------------------------------------------------------------------------------------------------------------|------------------| | REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | | | FINANCIAL STATEMENTS | | | Statement of Financial Condition
Statement of Income
Statement of Changes in Stockholder's Equity
Statement of Cash Flows | 2
3
4
5 | | Notes to Financial Statements | 6-8 | # SUPPLEMENTAL SCHEDULES | | Schedule I - Computation of Net Capital Requirements Pursuant to
SEA Rule 15c3-1 | ு | |------------------|----------------------------------------------------------------------------------------------------------|----| | | Schedule II - Computation for Determining Reserve Requirements Pursuant to
SEA Rule 15c3-3 | 10 | | | Schedule III - Information Relating to Possession or Control Requirements
Pursuant to SEA Rule 15c3-3 | 11 | | | REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
REGARDING THE EXEMPTION REPORT | 12 | | EXEMPTION REPORT | | 13 | {4}------------------------------------------------ 800 Bonaventure Way. Suite 168. Sugar Land, TX 77479 Tel: 281-923-7665 Email: jenniferwraycpa@yahoo.com PCAOB#6328 # REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM ### To Shareholder of Bowne Park Capital, Inc. #### Opinion on the Financial Statements We have audited the accompanying statement of the financial condition of Bowne Park Capital, Inc. as of December 31, 2025, the related statements of operations, changes in shareholder's equity, and cash flows for the year ended December 31, 2025, and the related notes and schectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of Bowne Park Capital, Inc. as of December 31, 2025, and the results of its operations and its cash flows for the year ended December 31, 2025, in conformity with accounting principles generally accepted in the United States of America. #### Basis for Opinion These financial statements are the responsibility of Bowne Park Capital, Inc.'s management. Our responsibility is to express an opinion on Bowne Park Capital, Inc.'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 Bowne Park Capital, 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. 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. #### Auditor's Report on Supplemental Information The supplementary information contained in Schedules I, II & III has been subjected to audit procedures performed in conjunction with the audit of Bowne Park Capital, Inc.'s financial statements. The supplemental information is the responsibility of Bowne Park Capital, Inc.'s management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying and other records, as applicable, and performing procedures to test the completeness and accuracy of the information the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with 17 C.F.R. \$240.17a-5. In our opinion, the Supplementary schedule is fairly stated, in all material respects, in relation to the financial statements as a whole. Jennifer Wray CPA PLLC We have served as Bowne Park Capital, Inc.'s auditor since 2023. #### Sugar Land, Texas January 30, 2026 ![](_page_4_Picture_16.jpeg) {5}------------------------------------------------ ## BOWNE PARK CAPITAL, INC. STATEMENT OF FINANCIAL CONDITION DECEMBER 31, 2025 #### ASSETS | Cash- CHASE Checking | 6,870
မာ | |-----------------------------------------------------------------|--------------| | UBS Financial- Money Market | 116,166 | | Other Assets- FINRA Flex Account
Property and Equipment, Net | 2,000
200 | | Total Assets | \$ 125.236 | ## LIABILITIES AND STOCKHOLDERS' EQUITY I iahilities | and Carl but he first for any .
Accounts payable and accrued expenses | 5.000 | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------| | Total Liabilities | O | | Stockholders' Equity:
Common stock, no par value, authorized 200 shares,
issued and outstanding 100 shares
ക
30,000
Additional paid-in capital
10,287
Retained Earnings
79.949 | | | Total Stockholders' Equity | 120.236 | | Total Liabilities and Stockholders' Equity
લ્ | 125,236 | The accompanying notes are an integral part of these financial statements. These financial statements and supplemental information are deemed confidential pursuant to subparagraph (e)(3) of Rule 17a-5 of the Securities and Exchange Commission. {6}------------------------------------------------ ## BOWNE PARK CAPITAL, INC. STATEMENT OF INCOME FOR THE YEAR ENDED DECEMBER 31, 2025 #### REVENUES: | Consulting | | |----------------|-------| | Other Income | 4.981 | | Total Revenues | 4.981 | ## EXPENSES: Officer's Compensation Regulatory fees and expenses Other expenses Total Expenses ક્ષ્ 0 917 20,625 21,542 NET LOSS \$ -16,561 The accompanying notes are an integral part of these financial statements. These financial statements and supplemental information are deemed confidential pursuant to subparagraph (e)(3) of Rule 17a-5 of the Securities and Exchange Commission. ![](_page_6_Picture_9.jpeg) {7}------------------------------------------------ ## BOWNE PARK CAPITAL, INC. STATEMENT OF CHANGES IN STOCKHOLDER'S EQUITY FOR THE YEAR ENDED DECEMBER 31, 2025 | | Additional | | | | |------------------------------|-----------------|--------------------|----------------------|------------| | | Common
Stock | Paid-In
Capital | Retained
Earnings | Total | | Balances - January 1, 2025 | \$ 30,000 | \$ 10,287 | \$ 96.510 | \$ 136.797 | | Net Loss | | | -16.561 | -16.561 | | Balances - December 31, 2025 | \$ 30,000 | \$ 10,287 | \$ 79,949 | \$ 120,236 | The accompanying notes are an integral part of these financial statements. These financial statements and supplemental information are deemed confidential pursuant to subparagraph (e)(3) of Rule 17a-5 of the Securities and Exchange Commission. {8}------------------------------------------------ ## BOWNE PARK CAPITAL, INC. STATEMENT OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31, 2025 Cash Flows from Operating Activities: Net Loss \$-16,561 Adjustments to reconcile Net Income to Net Cash Provided by Operating Activities Depreciation 400 Changes in Operating Assets and Liabilities: Decrease in Non- Allowable Assets 0 (Decrease) in Accounts Payable 0 Net Cash Decrease from Operating Activities -16,161 | Cash Flow from Financing Activities: | | |-------------------------------------------------------------------------------------------------------------|------------------| | Cash Flows from Investing Activities:
Decrease in Money Market
Net Cash Used in Investing Activities: | 16,020
16,020 | | Net Decrease in Cash for the Period | (-141) | | Cash and Cash Equivalents - January 1, 2025 | 7.011 | | Cash and Cash Equivalents - December 31, 2025 | | | Supplemental Cash Flow Information
Cash paid for Income taxes
Cash paid for Interest | 350
0 | The accompanying notes are an integral part of these financial statements. These financial statements and supplemental information are deemed confidential pursuant to subparagraph (e)(3) of Rule 17a-5 of the Securities and Exchange Commission. {9}------------------------------------------------ BOWNE PARK CAPITAL, INC. Notes to Financial Statements ## NOTE 1 - Nature of Business and Summary of Significant Accounting Policies ## Nature of Business Bowne Park Capital, Inc., (the "Company) is a brokerage firm engaged primarily in providing advisory services, with respect to raising capital and financing alternatives and acting as a placement agent in the private placement of securities. The Company is a registered broker-dealer and is a member of the Financial Industry Regulatory Authority, Inc. ("FINRA") effective April 2011. The Company operates under the reliance of Footnote 74 of SEC Release No. 34-70073. The Company does not hold customer funds or safekeep customer securities. #### Revenue Recognition The Company recognizes advisory revenues in accordance with the provisions of the respective agreements and in compliance with the requirements of ASC 606. The Company earns revenue by way of transaction placement fees or consulting fees that are recognized at the point in time that performance under the arrangement is completed. The Company has determined that this date is the appropriate point in time to recognize revenue for placement fees as the performance obligation has been satisfied, there are no significant actions which the Company needs to take subsequent to this date and the purchaser obtains the control and benefit of the proceeds at that point. Payment for revenue of the transaction price to the performance. The firm recognizes both interest income and consulting fees as earned. ## Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. ## Cash and Cash Equivalents The Company considers all highly liquid investments with a maturity of three months or less at the time of purchase to be cash equivalents and not subject to a haircut. Money Market funds are subject to a Two Percent (2%) haircut. The Company maintains its cash deposits at JP Morgan CHASE and UBS Securities. The Company has not experienced any losses in such accounts and believes it is not subject to any significant The accompanying notes are an integral part of these financial statements. These financial statements and supplemental information are deemed confidential pursuant to subparagraph (e)(3) of Rule 17a-5 of the Securities and Exchange Commission. ರಿ {10}------------------------------------------------ ## Property and Equipment Property and equipment are stated at cost. Depreciation is computed using the straightline method over the estimated useful lives of the related assets, which approximates 3 years. #### Income Taxes The Company has elected to be taxed as an "S" corporation for Federal and State income tax purposes. Accordingly, income is passed through to its stockholder and taxed at the personal level. The Company is subject to New York City General Corporation tax. ## Fair Value Measurements The authoritative guidance for fair value measurements defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or the most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Market participants are buyers and sellers in the principal market that are (i) independent, (ii) knowledgeable, (iii) able to transact, and (iv) willing to transact. The guidance describes a fair value hierarchy based on the levels of inputs, of which the first two are considered observable and the last unobservable, that may be used to measure fair value which are the following: Level 1: Quoted prices in active markets for identical assets or liabilities. Level 2: Inputs other that Level 1 that are observable, either directly, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active, or other inputs that are observable or corroborated by observable market data or substantially the full term of the assets or liabilities. Level 3: Unobservable inputs that are supported by little or no market activity and that are significant to the value of the assets or liabilities. The Company's financial instruments include cash equivalents and accrued liabilities. These items are determined to be a Level 1 fair value measurement. The carrying amounts of cash and cash equivalents and accrued liabilities approximates fair value because of the short maturity of these instruments. The accompanying notes are an integral part of these financial statements. These financial statements and supplemental information are deemed confidential pursuant to subparagraph (e)(3) of Rule 17a-5 of the Securities and Exchange Commission. {11}------------------------------------------------ BOWNE PARK CAPITAL, INC. Notes to Financial Statements #### NOTE 2 -Property and Equipment Property and equipment are summarized as follows: | Office Equipment | \$1,231 | |--------------------------------|---------| | Less: Accumulated Depreciation | 1.031 | \$ 200 Depreciation expense was \$400 for the year ended Dec 31, 2025. #### NOTE 3 -Regulatory Requirements The Company is subject to the SEC uniform Net Capital Rule 15c3-1. This rule 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, and that equity capital may not be withdrawn if the resulting net capital ratio would exceed 10 to 1. On December 31, 2025, the Company's net capital was \$115,713, which was \$110,713 more than its minimum requirement of \$5,000 under SEC Rule 15c3-1. The Company's net capital ratio was 4.32%. #### NOTE 4 -Subsequent Events There are no other events or transactions since December 31, 2025, through the date of these financial statements were issued that would require recognition or disclosure in these financial statements. The accompanying notes are an integral part of these financial statements. These financial statements and supplemental information are deemed confidential pursuant to subparagraph (e)(3) of Rule 17a-5 of the Securities and Exchange Commission. {12}------------------------------------------------ ## BOWNE PARK CAPITAL, INC. Schedule I - COMPUTATION OF NET CAPITAL UNDER S.E.C. RULE 15c3-1 DECEMBER 31, 2025 Total Stockholders' Equity ## \$120,236 #### DEDUCTIONS Non-Allowable Assets Property and equipment, net Other assets Total Tentative Net Canital 200 2,000 2,200 118 036 | 1 GHICULTY 1101 SANTHAI
Haircuts
Net Capital | | 110,000
2,323
115,713 | |---------------------------------------------------------------------------------------------------------|--------------------------|-----------------------------| | Less: Minimum Net Capital Requirement | | 5,000 | | Remainder: Net capital in excess of all requirements | | \$110.713 | | Capital Ratio: (Maximum allowance 1500%)
Aggregate Indebtedness
Divided by: Net Capital | \$ 5.000
\$ 115.713 = | 4.32% | | Net Capital Requirement | | | | Greater of
Minimum net capital required (6.67% of \$5,000)
Minimum dollar net capital requirement | | \$ 333
\$5.000 | "There are no material differences between the computation above and the computations included in the Company's corresponding amended unaudited Form X-17a-5 Part II a filing as of December 31, 2025." {13}------------------------------------------------ Bowne Park Capital, Inc. ## Schedule II - Computation for Determining of Reserve Requirements Pursuant to SEA Rule 15c3-3 As of December 31, 2025 A computation of reserve requirements is not applicable to Bowne Park Capital, Inc. {14}------------------------------------------------ Bowne Park Capital. Inc. ## Schedule III- Information Relating to Possession or Control Requirements Pursuant to SEA Rule 15c3-3 As of December 31, 2025 Information relating to possession or control requirements is not applicable to Bowne Park Capital, Inc. {15}------------------------------------------------ 800 Bonaventure Way. Suite168. Sugar Land, TX 77479 Tel: 281-923-7665 Email: jenniferwraycpa@yahoo.com PCAOB#6328 # REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Shareholder of Bowne Park Capital, Inc. We have reviewed management's statements, included in the accompanying Exemption Report, in which The Company state that The Company is filing this Exemption Report relying on Footnote 74 of SEC Release No. 34-70073 adopting amendments to 17 C.F. R. §240.17a-5 because the Company limits it business activities exclusively to private replacement agent and referral service for capital raising; during the report period from (a) did not directly or indirectly receive, hold, or otherwise owe funds or securities for a to customers; (b) did not carry accounts of or for customers; and (c) did not carry PAB accounts (as defined in Rule 15c3-3) throught the most recent fiscal year without exception. Bowne Park Capital, Inc.'s management is responsible for compliance with the provisions contemplated by Footnote 74 of SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5 and related SEC Staff Frequently Asked Questions and its statements. Our review was conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States) and, accordingly, included inquiries and other required procedures to obtain evidence about Bowne Park Capital, Inc.'s compliance with the exemption provisions. A review is substantially less in scope than an examination, the objective of which is the expression of an opinion on management's statements. Accordingly, we do not express such an opinion. Based on our review, we are not aware of any material modifications that should be made to management's statements referred to above for them to be fairly stated, in all material respects, based on Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5, and related SEC Staff Frequently Asked Questions. Jennifer Wray CPA PLLC Sugar Land, Texas. January 30, 2026 ![](_page_15_Picture_10.jpeg) {16}------------------------------------------------ Bowne Park Capital, Inc. ## EXEMPTION REPORT DECEMBER 31, 2025 Bowne Park Capital, Inc. (the Company) is a registered broker-dealer subject to Rule 17a-5 promulgated by the Securities and Exchange Commission (17 C.F.R. §240.17a-5, "Reports to be made by certain brokers and dealers"). This Exemption Report was prepared as required by 17 C.F.R. §240.17a-5(d)(1) and (4). To the best of its knowledge and belief, the Company states the following: - (1) The Company does not claim an exemption under paragraph (k) of 17 C.F.R. §240.15c3- 3, and - (2) The Company is filing this Exemption Report relying on Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. §240.17a-5 because the Company limits it business activities exclusively to private replacements, placement agent and referral service for capital raising; during the report period the firm (a) did not directly or indirectly receive, hold and or otherwise owe funds or securities for to customers, other than money or other consideration received and promptly transmitted in compliance with paragraph (a) or (b)(2) of Rule 15c2- 4; (b) did not carry accounts of or for customers; and (c) did not carry PAB account (as defined in Rule 15c3-3); throughout the most recent fiscal year without exception. Bowne Park Capital, Inc. January I, Robert J. Onesti. swear (or affirm) that, to the best of my knowledge and belief, this Exemption Report is true and correct. By: Robert J. Onesti Title: President ![](_page_16_Figure_10.jpeg) Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.