# STIRLINGSHIRE BD LLC X-17A-5 (2024-08-09) — Broker-dealer annual report - Company: STIRLINGSHIRE BD LLC - Form: X-17A-5 - Filed: 2024-08-09 - Period: 2024-06-30 - Accession: 0001828842-24-000002 - CIK: 1828842 - File #: 8-70616 - Type: Broker-dealer - Material weakness: No - Auditor: Weisberg, Mole', Krantz & Goldfarb, LLP - Auditor location: Woodbury, NY - Contact: Steven Woods - Phone: 646 784 7106 - Website: weisbergmole.com - Signed by: Steven Woods (CEO) Original filing: https://www.sec.gov/Archives/edgar/data/1828842/000182884224000002/strpublic.pdf --- {0}------------------------------------------------ # STIRLINGSHIRE INVESTMENTS STATEMENT OF FINANCIAL CONDITION JUNE 30, 2024 {1}------------------------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 OMB APPROVAL OMB Number: Expires: Estimated average burden hours per response: SEC FILE NUMBER # ANNUAL REPORTS FORM X-17A-5 PART III 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 \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ AND ENDING \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ MM/DD/YY MM/DD/YY A. REGISTRANT IDENTIFICATION # 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.) # \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ | | (No. and Street) | | | | |-------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------|-----------------|---------------------------------------------------------------------------------------|--| | _____________________________________________________________________________________ | | | | | | (City) | (State) | | (Zip Code) | | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | | | | | _____________________________________________________________________________________ | | | (Name) | (Area Code – Telephone Number) | (Email Address) | | | | | B. ACCOUNTANT IDENTIFICATION | | | | | | | | | | | | INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing* | | | | | _____________________________________________________________________________________ | (Name – if individual, state last, first, and middle name) | | | | | | | | | | | _____________________________________________________________________________________
(Address) | (City) | (State) | (Zip Code) | | | | | | | | | _____________________________________________________________________________________
(Date of Registration with PCAOB)(if applicable) | | | (PCAOB Registration Number, if applicable) | | \* 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 | Steven Woods
swear (or affirm) that, to the best of my knowledge and belief, the financial | | | | | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|--|--|--| | report pertaining to the firm of Stirlingshire Investments
as of
6/30 | | | | | | , 2 024 , 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: | | | | | | KAMARA BRADFORD | | | | | | tle:
Notary Public - State of New York | | | | | | CEO
NO. 01BR0019388
Qualified in Kings County | | | | | | My Commission Expires Jan 3, 2028
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 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. | | | | | | [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. | | | | | | [ (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-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. | | | | | | [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 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 240.18a-7(d)(2), as applicable. {3}------------------------------------------------ # STIRLINGSHIRE INVESTMENTS # JUNE 30, 2024 # TABLE OF CONTENTS ### Independent Auditors' Report | | Page | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------| | –ƒ–‡‡–'ˆ ‹ƒ…‹ƒŽ'†‹–‹'ǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤͳ | | | '–‡•–' ‹ƒ…‹ƒŽ–ƒ–‡‡–ǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤʹǦͷ | | {4}------------------------------------------------ ![](_page_4_Picture_0.jpeg) # Weisberg, Molé, Krantz & Goldfarb, LLP Certified Public Accountants #### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Member of Stirlingshire BD LLC #### Opinion on the Financial Statement We have audited the accompanying statement of financial condition of Stirlingshire BD LLC (the "Company") as of June 30, 2024, and the related notes (collectively referred to as the "financial statement"). In our opinion, the statement of financial condition presents fairly, in all material respects, the financial position of the Company as of June 30, 2024, in conformity with accounting principles generally accepted in the United States of America. #### Basis for Opinion This financial statement is the responsibility of the Company's management. Our responsibility is to express an opinion on the Company'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 the Company 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 statement. 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. vision, yola: Keants of Holofant, in We have served as the Company's auditor since 2024. Woodbury, New York August 5, 2024 > 185 Crossways Park Drive, Woodbury, New York 11797 • Phone: 516-933-3800 • Fax: 516-933-1060 700 Kinderkamack Rd, Oradell, New Jersey 07649 · Phone: 201-655-6249 · Fax: 201-655-6098 www.weisbergmole.com {5}------------------------------------------------ # STIRLINGSHIRE INVESTMENTS STATEMENT OF FINANCIAL CONDITION JUNE 30, 2024 # ASSETS | ƒ•Š
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͵ǡͲͲͲ | | Total liabilities | ͳͲͷǡ͵ʹͷ | | ‡"‡"̵•‡"—‹–› | ͵Ͷͷǡͳ͸ͻ | | Total liabilities and member's equity | ̈́ͶͷͲǡͶͻͶ | {6}------------------------------------------------ # 1. ORGANIZATION AND DESCRIPTION OF BUSINESS ȋ DzdzȌǡ ͳͶǡʹͲʹͲǤǯ Ǧ ǡ Ǥ ͺǡʹͲʹʹǡǦ ȋDz Ȍ # 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES ## *Basis of accounting* Ǥ Ǥ Ǥ ## *Use of estimates* Ǥ Ǥ # *Cash and cash equivalents* ǡ Ǥ ͵ͲǡʹͲʹͶǡ Ǥǯ Ǧ̈́ʹͷͲǡͲͲͲǤ Ǥ ### *Revenue recognition* ǤʹͲͳͶǦͲͻǡDzdzȋDzͲdzȌ ǡ ǡ Ǥ ǡǡǤ Ǥ Ǥ ǯ Ǥ ȋǤǤǡ DzdzȌǤ ǡǡǡǤ {7}------------------------------------------------ # STIRLINGSHIRE INVESTMENTS NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2024 # 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES *(continued)* # *Revenue recognition (continued)* # *Commissions* Ǧ Ǥ ǢǢǤ Ǥ ǯ ǡǡǢ Ǥ Ǥ ǡ Ǥ ## *Fee income* Ǥ Ǥ # *Other income* Ǥ # *Leases* ͺͶʹǡ ͳǡʹͲͳͻǡ ǯǤ ǦǤǡ Ǥ # *Deposit with Clearing Broker* ǡǡ Ǥ Ǥ ͵ͲǡʹͲʹͶǡ̈́ʹͷͲǡͲͲͲǤ # *Receivable from Clearing Broker* Ǥ Ǥ ǡ ǡǡ ̈́ͳʹǡͲͺͷ ͵ͲǡʹͲʹͶǤ {8}------------------------------------------------ # **STIRLINGSHIRE INVESTMENTS NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2024** # **2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES** *(continued)* # *Income taxes* No provision has been made for federal or state income taxes. As a wholly-owned limited liability company, the Company is considered to be a disregarded entity reporting purposes and is thus not subject to Federal, state or local income taxes and does not file income tax returns in any jurisdiction. All items of income, expense, gains and losses are reportable by the Member for tax purposes. # *Uncertain tax position* The Company adopted the provisions of the Financial Accounting Standards Board's ("FASB") Accounting Standards Codification No. 740 ("ASC 740") Subtopic 05 Accounting for Uncertainty in Income Taxes. As a result of the implementation, the Company was not required to recognize any amounts from uncertain tax positions. The Company's conclusions regarding uncertain tax positions may be subject to review and adjustment at a later date based upon ongoing analyses of tax laws, regulations and interpretations thereof as well as other factors. Generally, federal, state and local authorities may examine the Company's tax returns for three years from the date of filing; consequently, the respective tax returns for years prior to 2020 are no longer subject to examination by tax authorities. # **3. RELATED PARTY TRANSACTIONS** In June 2024, the Company entered into an expense sharing agreement with the parent where they share the rent. The Company is responsible for their portion of rent every month which equates to \$3,000 per month. On June 30, 2024, there was \$3,000 due to the Parent. # **4. NET CAPITAL REQUIREMENTS** The Company is subject to the uniform net capital requirements of Rule 15c3-1 of the Securities and Exchange Act, as amended, which requires the Company to maintain, at all times, sufficient liquid assets to cover indebtedness. In accordance with the Rule, the Company is required to maintain defined minimum net capital of the greater of \$5,000 or 6 2/3 % of aggregate indebtedness. At June 30, 2024, the Company had net capital, as defined, of \$324,182, which exceeded the required minimum net capital of \$7,022 by \$317,160. Aggregate indebtedness at June 30, 2024 totaled \$105,325. The Company's percentage of aggregate indebtedness to net capital was 32.49%. {9}------------------------------------------------ # STIRLINGSHIRE INVESTMENTS NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2024 # 5. SUBSEQUENT EVENTS Management of the Company has evaluated events and transactions that have occurred since June 30, 2024, through the date these financial statements were issued and determined that there are no material events that would require recording or disclosures in the Company's financial statements. Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.