# COMMENDA SECURITIES, LLC X-17A-5 (2020-02-26) — Broker-dealer annual report - Company: COMMENDA SECURITIES, LLC - Form: X-17A-5 - Filed: 2020-02-26 - Period: 2019-12-31 - Accession: 0001552329-20-000001 - CIK: 1552329 - File #: 8-69111 - Material weakness: No - Auditor: GOLDMAN AND COMPANY, CPAs PC - Auditor location: MARIETTA, GA - Contact: CURTIS WEEKS - Phone: 678-679-8642 - Signed by: JOHN RUNNINGEN (PRINCIPAL AND CHIEF COMPLIANCE OFFICER) Original filing: https://www.sec.gov/Archives/edgar/data/1552329/000155232920000001/commendapublic.pdf --- {0}------------------------------------------------ *Publicly* AvA:IAble *21) /* **'f** SECURITIES=��COMMISSION Washington, D.C. 20549 OMB APPROVAL OMB Number: 3235-0123 Expires: August 31, 2020 Estimated average burden hours per response 12.00 # **ANNUAL AUDITED REPORT FORM X-17 A-·s PARTIII** SEC FILE NUMBER 8-69111 *I* #### FACING PAGE Information Required of Brokers and Dealers Pursuant to Section 17 of the Securities Exchange Act of 1934 and Rule 17a-5 Thereunder | REPORT FOR THE PERIOD BEGINNING | _
__
_2/
1 0_/
_0_1_9
0
1 | AND ENDING | _
_
_1
_3/_
_2/
_0_1_9
1 | |-----------------------------------------------------------------------------------------|--------------------------------------------------------|------------|--------------------------------------------| | | MM/DD/YY | | MM/DD/YY | | | A. REGISTRANT IDENTIFICATION | | | | "NAME OF BROKER-DEALER: | Commenda Securities, LLC | | OFFICIAL USE ONLY | | ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use P.O. Box No.) | | | FIRM I.D. NO. | | 70 Cameron Glen Drive | | | | | | (No. and Street) | | | | Atlanta | GA | | 30328 | | (City) | (State) | | (Zip Code) | | NAME AND TELEPHONE NUMBER OF PERSON TO CONTACT TN REGARD TO THIS REPORT
Curtis Weeks | 678-679-8642 | | | | | | | (Area Code - Telephone Number) | | | B. ACCOUNTANT IDENTIFICATION | | | | INDEPENDENT PUBLIC ACCOUNT ANT whose opinion is contained in this Report" | | | | | Goldman and Company, CPAs PC | | | | | | (Name - if individual, stale last, first, middle name) | | | | 3535 Roswell Rd, Suite
_32 | Mariette. | GA | 30062 | | (Address) | (City) | (State) | (Zip Code) | | <;:HECK ONE: | | | | | l VI Certified Public Accountant | | | | | Public Accountant | | | | | Accountant not resident in United States or any of its possessions. | | | | | B | FOR OFFICIAL USE ONLY | | | | | | | | | | | | | *must be supported by a statement of facts and circumstances relied on as the basis for the exemption. See Section 240.17a-5(e)(2)* Potential 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. SEC 1410 (11-05) I {1}------------------------------------------------ #### **OATH OR AFFIRMATION** /! I | · I, JQhn Runningen | , swear (or affirm) that, to the best of | |-----------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------| | Commenda Securities, LLC | my knowledge and belief the accompanying financial statement and supporting schedules pertaining to the firm of
, as | | �f December 31 I | 2019
are true and correct. I further swear (or affirm) that | | ,s that of a customer, except as follows:
classified solely | neither the company nor any partner, proprietor, principal officer or director has any proprietary interest in any account | | | | | | ncipal and Chief Compliance Officer | | | Title | | | ERIC JONES
NOT ARY PUBLIC | | | Douglas County | | | State of Georgia | | This report** co
,n ams (check all applicable boxes): | My Comm. Expires Sept. 12, 2021 | | El (a) Facing Page. | | | B (b) Statement of Financial Condition. | | | 0 (c) Statement of Income (Loss) or, if there
of Comprehensive Income (as defined in §210.1-02 of.Regulation S-X). | is other comprehensive income in the period(s) presented, a Statement | | | | | B ( d) Statement of Changes in Financial Condition. | (e) Statement of Changes in Stockholders' Equity or Partners' or Sole Proprietors' Capital. | | 0
(f) Statement of Changes in Liabilities Subordinated to Claims of Creditors. | | | | | | § (g) Computation of Net Capital. | (h) Computation for Determination of Reserve Requirements Pursuant to Rule 15c3-3. | | | (i) Information Relating to the Possession or Control Requirements Under Rule 15c3-3. | | | D G) A Reconciliation, including appropriate explanation of the Computation ofNet Capital Under Rule l 5c3- I and the | | | Computation for Determination of the Reserve Requirements Under Exhibit A of Rule l 5c3-3. | | 0 | (k) A Reconciliation between the audited and unaudited Statements of Financial Condition with respect to methods of | | consolid1ation. | | | 0
(l) An Oath1 or Affirmation. | | | D (m) A copy of the SIPC Supplemental Report. | | | | D (n) A report describing any material inadequacies found to exist or found to have existed since the date of the previous audit. | | "* For conditions of confidential treatment of certain portions of this filing
I | , see section 240.17a-5(e)(3). | | | | | | | | | | | | | {2}------------------------------------------------ #### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Member of Commenda Securities, LLC #### Opinion on the Financial Statement We have audited the accompanying statement of financial condition of Commenda Securities, LLC as of 0... December 31, 2019, and the related notes (collectively referred to as the financial statement). In our opinion, u """' the statement of financial condition presents fairly, in all material respects, the financial position of Cornmenda .-:::. Securities, LLC as of December 31, 2019 in conformity with accounting principles generally accepted in the O United States of America. U # ' Basis for Opinion This financial statement is the responsibility of Cornmenda Securities, LLC's management. Our responsibility is to express an opinion on Commenda Securities, LLC'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 Commenda Securities, LLC 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 statement. We believe that our audit provides a reasonable basis for our opinion. We have served as the Company's auditor since 2013. Goldman & Company, CPA's, P.C. Marietta, Georgia February 26, 2020 3535 Roswell Road · Suite 32 · Marietta, GA 30062 · 770.499.8558 · Fax 770.425.3683 {3}------------------------------------------------ ## Exhibit A # Commenda Securities, LLC Statement of Financial Condition December 31, 2019 ### ASSETS | Current assets: | | |---------------------------|------------| | Cash and cash equivalents | \$ 100,444 | | Accounts receivable | 160,918 | | Prepaid expenses | 6,290 | | | \$ 267.652 | ### LIABILITIES AND MEMBER'S EQUITY | Current liabilities: | | |---------------------------|--------------| | Accounts payable | 13,541
\$ | | Commissions payable | 114,281 | | Due to related company | 105 | | Total current liabilities | 127,927 | | Member's equity: | | | Member capital | 69,881 | | Retained earnings | 69,844 | | Total member's equity | 139,725 | | | \$ 267,652 | The accompanying notes are an integral part of these financial statements. Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.