# SHELTER ROCK CAPITAL GROUP LLC X-17A-5 (2026-04-13) — Broker-dealer annual report - Company: SHELTER ROCK CAPITAL GROUP LLC - Form: X-17A-5 - Filed: 2026-04-13 - Period: 2025-12-31 - Accession: 0001513552-26-000002 - CIK: 1513552 - File #: 8-68818 - Type: Broker-dealer - Material weakness: No - Auditor: Ohab & Company, PA - Auditor location: Maitland, FL - Contact: Carol Ann Ferrotta - Phone: 2124903113 - Email: dbarnett@fulviollp.com - Website: fulviollp.com - Signed by: Carol Ann Ferrotta (CFO/FINOP) Original filing: https://www.sec.gov/Archives/edgar/data/1513552/000151355226000002/gpnipub25.pdf --- {0}------------------------------------------------ ## GP NURMENKARI, INC. REPORT PURSUANT TO RULE 17A-5(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE YEAR ENDED DECEMBER 31, 2025 THIS REPORT IS DEEMED CONFIDENTIAL IN ACCORDANCE WITH RULE 17A-5(e)(3) UNDER THE SECURITIES EXCHANGE ACT OF 1934 **38%/,&** {1}------------------------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 OMB APPROVAL OMB Number: 3235-0123 Expires: Nov. 30, 2026 Estimated average burden hours per response: ## ANNUAL REPORTS FORM X-17A-5 PART III | SEC FILE NUMBER | | |-----------------|--| | 8-68538 | | FACING PAGE Information Required Pursuant to Rules 17a-5, 17a-12, and 18a-7 under the Securities Exchange Act of 1934 filing for the period beginning 01/01/2025 AND ENDING 12/31/2025 MM/DD/YY MM/DD/YY A. REGISTRANT IDENTIFICATION # NAME OF FIRM: GP NURMENKARI, INC TYPE OF REGISTRANT (check all applicable boxes): [ Broker-dealer ] \_ \_ \_ \_ \_ Security-based swap dealer \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ □ Check here if respondent is also an OTC derivatives dealer ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) | 22 ELIZABETH STREET, SONO SQUARE, SUITE #1J | | | | | | | | |---------------------------------------------------------------------------------------------------|--------------------------------|--------------------------------------------|------------------------|--|--|--|--| | | (No. and Street) | | | | | | | | NORWALK | CT | | 06853 | | | | | | (City) | (State) | | (Zip Code) | | | | | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | | | | | David Barnettt | 212-490-3113 | | dbarnett@fulviollp.com | | | | | | (Name) | (Area Code - Telephone Number) | (Email Address) | | | | | | | B. Accountant IDENTIFICATION | | | | | | | | | INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing*
OHAB & COMPANY, P.A. | | | | | | | | | (Name - if individual, state last, first, and middle name) | | | | | | | | | 100 EST SYBELIA AVENUE, SUITE #130 MAITLAND | | i | 32751 | | | | | | (Address) | (City) | (State) | (Zip Code) | | | | | | 07/28/2004 | | 1839 | | | | | | | (Date of Registration with PCAOB) (if applicable) | | (PCAOB Registration Number, if applicable) | | | | | | | | FOR OFFICIAL USE ONLY | | | | | | | \* 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-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 | ALBERT PEZONE | swear (or affirm) that, to the best of my knowledge and belief, the | | |----------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------|-------| | financial report pertaining to the firm of GP NURMENKARI, INC. | | as of | | 12/31 | 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. | | | | | INDHIRA CABRERA
Signature:
Notary Public
Connecticut | | | | My Commission Expires May 31, 2030
Title:
CEO | | 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 (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. - □ (j) 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. - [ (I) 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. - □ (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 worth under 17 CFR 240.15c3-1, 17 CFR 240.18a-2, 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 240.18a-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. - □ (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. - [ [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). - □ (z) Other: \*\*To request confidential treatment of certain portions of this filing, see 17 CFR 240.17a-5(d)(2), as applicable. {3}------------------------------------------------ ![](_page_3_Picture_0.jpeg) 100 E. Sybelia Ave. Suite 130 Maitland, FL 32751 Email: pam(a ohabco.com Telephone 407-740-7311 Fax 407-740-6441 #### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Stockholder of GP Numenkari, Inc #### Opinion on the Financial Statement We have audited the accompanying statement of financial condition of GP Numenkari, Inc. as of December 31, 2025, and the related notes (collectively referred to as the "financial statement"). In our opinion, the financial statement presents fairly, in all material respects, the financial position of GP Numenkari, Inc. as of December 31, 2025 in conformity with accounting principles generally accepted in the United States of America. #### Basis for Opinion This financial statement is the responsibility of GP Numerkari, Inc.'s management. Our responsibility is to express an opinion on GP Numenkari, Inc.'s financial statement 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 GP Numenkari, 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 statement is 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 statement, 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 GP Numenkari, Inc.'s auditor since 2019. Maitland, Florida March 16, 2026 {4}------------------------------------------------ #### GP NURMENKARI, INC. STATEMENT OF FINANCIAL CONDITION AS OF DECEMBER 31, 2025 #### CONFIDENTIAL #### ASSETS | Cash and cash equivalents | \$ | 33,784 | |-------------------------------------------------|----|-----------| | Due from officer | | 175,874 | | Other receivables | | 26,382 | | Prepaid expense | | 7,634 | | Other assets | | 6,974 | | TOTAL ASSETS | | \$250,647 | | | | | | LIABILITIES AND STOCKHOLDER'S EQUITY | | | | Liabilities | | | | Accounts payable and accrued expenses | \$ | 11,212 | | TOTAL LIABILITIES | | 11,212 | | Stockholder's equity | | | | Common stock – authorized 200 shares non
par | | | | 200 shares issued and outstanding | | - | | Additional paid-in capital | | 175,502 | | Retained earnings | | 63,934 | | Total stockholder's equity | | 239,436 | | TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | | 250,647 | The accompanying notes are an integral part of these financial statements {5}------------------------------------------------ ## **1. Organization and nature of business** GP Nurmenkari, Inc. (the Company) is a broker-dealer registered with the Securities and Exchange Commission (SEC), and a member of the Financial Industry Regulatory Authority (FINRA). The Company is engaged in a single line of business as a securities broker-dealer. In this capacity the Company provides investment banking services including financial advisory and debt and equity private placements. The Company is a New York corporation established on January 7, 2010. ## **2. Significant Accounting Policies** ## *Basic of Presentation* The Company is engaged in a single line of business as a securities broker-dealer, which comprises several classes of services, including private placements of securities, selling corporate debt securities, and retailing corporate equity securities over the counter on a fully disclosed basis through a clearing broker. ## *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 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. ## *Revenue Recognition* Revenue from contracts with customers includes fees from investment banking and advisory services. The recognition and measurement of revenue is based on the assessment of individual contract terms. Significant judgment is required to determine whether performance obligations are satisfied at a point in time or over time; how to allocate transaction prices where multiple performance obligations are identified; when to recognize revenue based on the appropriate measure of the Company's progress under the contract; whether revenue should be presented gross or net of certain costs; and whether constraints on variable consideration should applied due to uncertain future events. The Company received fees from its registered representatives for compliance services. {6}------------------------------------------------ ## **2. Significant Accounting Policies (continued)** The Company provides advisory services (consulting) on mergers and acquisitions. Revenue for advisory arrangements is generally recognized at the point in time that performance under the arrangement is completed (the closing date of the transaction) or the contract is cancelled. However, for certain contracts, revenue is recognized over time for advisory arrangements in which the performance obligations are simultaneously provided by the Company and consumed by the customer. In some circumstances, significant judgment is needed to determine the timing and measure of progress appropriate for revenue recognition under a specific contract. Retainers and other fees received from customers prior to recognizing revenue are reflected as contract liabilities. For the year ended December 31, 2025, no retainers and other fees were received by the Company. #### *Statement of Cash Flows* For purposes of the Statement of Cash Flows, the Company has defined cash equivalents as highly liquid investments, with original maturities of less than three months that are not held for sale in the ordinary course of business. #### **3. Concentration of Credit Risk** The Company maintains its cash and cash equivalents in bank deposit accounts. Funds deposited with a single financial institution are insured up to \$250,000 in the aggregate by the Federal Deposit Insurance Corporation ("FDIC"). At times, cash balances may exceed FDIC insured limits. The Company has not experienced any losses in such accounts. #### **4. Commitments and contingencies** In the ordinary course of business, the Company may from time to time have legal claims made against it, both asserted and unasserted. The Company believes that, as of December 31, 2025, there are no claims, either asserted or unasserted, that require either to be disclosed herein or to be reserved for in these financial statements. {7}------------------------------------------------ #### **5. Segment Reporting** The Company is providing the following information pursuant to ASC 280 "Segment Reporting", which is a new rule in 2024. The Company has a single business segment, Investment Banking Services. Revenue recognition is discussed in footnote 2. The Managing Director of the Company makes all significant decisions for this segment. As there is a single segment, refer to the Balance Sheet and the Statement of Operations, the Company considers 100% of amounts on these statements to be attributable to this single segment. #### **6. Lease Commitment** The Company leases space on a month-to-month basis at a monthly cost of \$1,125. In February 2016 the FASB issued ASU 2016-02, Leases – (Topic 842). ASU 2016-02 requires the recognition of lease assets and lease liabilities on the balance sheet to reflect the rights and obligations created by lease agreements, including for those leases classified as operation leases under previous GAAP, along with the disclosure of key information about leasing arrangements. As the Company's lease is month to month, the Company is recognizing lease expense each month for the amount incurred each month. #### **7. Depreciation** Property and equipment are stated at cost and recorded net of accumulated depreciation using straight line with estimated useful lives of five to seven years. Furniture and equipment as of December 31,2025 consisted of office furniture and equipment at a cost of \$2,213. Depreciation expense for the year was \$409 and is now fully depreciated. ## **8. Net Capital Requirements** The Company is subject to the Securities and Exchange Commission 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, as defined, shall not exceed 15 to 1, and minimum dollar amount of net capital requirement is \$5,000. On December 31, 2025, the Company's minimum capital requirement was \$5,000. The company's aggregate indebtedness to net capital ratio was .49 to 1 and the Company had net capital of \$22,572 which exceeded the minimum required dollar amount by \$17,572. {8}------------------------------------------------ #### **9. Income taxes** The Company has elected to be taxed as an S corporation. Accordingly, the Company's income and loss is passed through to the Shareholder. Therefore, no provision or liability for federal or state income taxes has been included in the financial statements except for the recently enacted Connecticut entity level taxes and pass through entity tax payments. There are no uncertain tax positions in the Company's tax filings, and there are no current tax audits pending. The Corporate tax returns are open for audit for a period of three years from the date of filing. ## **10. Subsequent Events** Events have been evaluated through the date that these financial statements were available to be issued and no further information is required to be recognized or disclosed. Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.