# STIRLINGSHIRE BD LLC X-17A-5 (2025-08-22) — Broker-dealer annual report - Company: STIRLINGSHIRE BD LLC - Form: X-17A-5 - Filed: 2025-08-22 - Period: 2025-06-30 - Accession: 0001828842-25-000003 - CIK: 1828842 - File #: 8-70616 - Type: Broker-dealer - Material weakness: No - Auditor: Weisberg, Mole', Krantz & Goldfarb, LLP - Auditor location: Woodbury, NY - Contact: Daniel Sakol - Phone: 5163935618 - Email: steven@stirlingshire.com - Website: stirlingshire.com - Signed by: Steven Woods (CEO) Original filing: https://www.sec.gov/Archives/edgar/data/1828842/000182884225000003/strpublic.pdf --- {0}------------------------------------------------ # STIRLINGSHIRE INVESTMENTS STATEMENT OF FINANCIAL CONDITION JUNE 30, 2025 {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: 12 SEC FILE NUMBER 8-70616 ## 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 07/01/2024
AND ENDING 06/30/2025 | | | | | | | | MM/DD/YY | | MM/DD/YY | | | | | A. REGISTRANT IDENTIFICATION | | | | | | NAME OF FIRM: | Stirlingshire Investments | | | | | | TYPE OF REGISTRANT (check all applicable boxes):
Broker-dealer
□ Check here if respondent is also an OTC derivatives dealer | Security-based swap dealer | □ Major security-based swap participant | | | | | ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) | | | | | | | | | | | | | | | 15 W 38th Street, Suite 704 | | | | | | | (No. and Street) | | | | | | New York | NY | | 10018 | | | | (City) | (State) | | (Zip Code) | | | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | | | Steven Woods | 646 784 7106 | | | | | | (Name) | | | steven@stirlingshire.com | | | | | (Area Code - Telephone Number) | (Email Address) | | | | | | B. ACCOUNTANT IDENTIFICATION | | | | | | INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing* | | | | | | | | | | | | | | | Weisberg, Mole', Krantz & Goldfarb, LLP | | | | | | | (Name - if individual, state last, first, and middle name) | | | | | | 185 Crossways Park Drive | Woodbury | NY | 11797 | | | | (Address)
12-14-2004 | (City) | (State)
2107 | (Zip Code) | | | | (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 be covered by the reports of an independent public accountant must be supported by a statement of facts and circumstances relied on an independent public CER 240 17a-5(a)(1)(ii), if annlicable 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 | | Steverl Woods | | | swear (or affirm) that, to the best of my knowledge and belief, the financial | | | |---------|---------------|--|--|----------------------------------------------------------------------------------------------|-------|--| | | | | | eport pertaining to the firm of Stirlingshire Investments | as of | | | June 30 | | | | , 2 025 __ is true and correct. I further swear (or affirm) that neither the company nor any | | | | | | | | artner officer director or paying lont porcon as the resemment of the | | | officer, director, or equivalent person, as the case may be, has any proprietary interest in any account classified solely as that of a customer. ![](_page_2_Figure_3.jpeg) | Signature: ( / - Signature:
1/1 | | |------------------------------------|--| | | | Title: CFO 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 工 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 or tangible net worth under 17 CFR 240.15c3-2, 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 ritifierences 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 report or 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. - | 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(e)(3) or 17 CFR 240.18c-7(d)(2), as a applicable. {3}------------------------------------------------ ## STIRLINGSHIRE INVESTMENTS ## JUNE 30, 2025 #### TABLE OF CONTENTS ## Independent Auditors' Report | Statement of Financial Condition | | |----------------------------------|-----| | | | | Notes to Financial Statement | 2-5 | {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 (d/b/a Stirlingshire Investments and the "Company") as of June 30, 2025, 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, 2025, 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. We have served as the Company's auditor since 202 Woodbury, New York August 15, 2025 > 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, 2025 ### ASSETS | Cash
Due from clearing firm
Accounts receiveable
Commissions receivable
Fixed Asset, net of accumulated depreciation
Other assets | S | 11,505
249,960
1,393
25,660
4,231 | |--------------------------------------------------------------------------------------------------------------------------------------------------|------|-----------------------------------------------| | Total assets | ക | 18,960
311,709 | | LIABILITIES AND MEMBER'S EQUITY | | | | Liabilities: | | | | Accounts payable & accrued expenses | ಕ್ಕಿ | 105,767 | | Due to Parent | | 16,491 | | Total liabilities | | 122,258 | | Member's equity | | 189,451 | | Total liabilities and member's equity | ಕಿ | 311,709 | {6}------------------------------------------------ #### 1. ORGANIZATION AND DESCRIPTION OF BUSINESS Stirlingshire BD LLC dba Stirlingshire Investments (the "Company"), is a limited liability company organized under the laws of the state of Delaware on August 14, 2020. The Company's operations consist primarily of broker retailing over-the counter corporate equity securities, mutual fund retailer and put and call broker or dealer or option writer. On June 8, 2022, the Company became a registered broker-dealer with the Securities and Exchange Commission and a member of the Financial Industry Regulatory Authority ("FINRA) ## 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES ### Basis of accounting The accompanying statement of financial condition is presented on an accrual basis. Income is recognized when earned. The costs and expenses attributable to earning such income are reflected in the results of operations concurrently. ### Use of estimates The preparation of the statement of financial condition in conformity with GAAP 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 statement and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. ## Cash and cash equivalents Cash and cash equivalents for purposes of reporting cash flows includes cash on hand and highly liquid investments with original maturities of less than ninety days, that are not held for sale in the ordinary course of business. As of June 30, 2025, cash was held in a single financial institution located in the United States. The Company's cash balance at times exceeds the FDIC-insured level of \$250,000. The Company has not incurred any losses with respect to this concentration. #### Revenue recognition In accordance with ASU No. 2014-09, "Revenue from Contracts with Customers" ("ASC Topic 606") revenues from contracts with customers is recognized when, or as, the Company satisfies its performance obligations by transferring the promised services to the customers. A service is transferred to a customer when, or as, the customer obtains control of that service. A performance obligation may be satisfied at a point in time or over time. Revenue from a performance obligation satisfied at a point in time is recognized at the point in time that the Company determines the customer obtains control over the promised service. Revenue from a performance obligation satisfied over time is recognized by measuring the Company's progress in satisfying the performance obligation in a manner that depicts the transfer of the services to the customer. The amount of revenue recognized reflects the consideration the Company expects to receive in exchange for those promised services (i.e., the "transaction price"). In determining the transaction price, the Company considers multiple factors, including the effects of variable consideration, if any. {7}------------------------------------------------ ### STIRLINGSHIRE INVESTMENTS NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2025 ### 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) ### Revenue recognition (continued) #### Commissions The Company is an introducing broker-dealer that earns commissions from referring customer securities transactions to a clearing broker on a fully disclosed basis. These securities transactions involve listed equity and debt securities; mutual funds; and other traded investments. The Company records securities transactions as well as the related commission revenue on the trade date. The Company's performance obligations are satisfied on the trade date because that is when the underlying securities, counterparty, and pricing have been determined; and the ownership risks and rewards transfer. The Company earns commissions from the sale of mutual fund shares. The Company has determined that its performance obligation is the selling process, which is satisfied upon transaction execution and collection. #### Fee income Fee income includes platform fees in which the Company provides a platform for customers to buy and sell securities and charges a fee for access to the platform. The Company generally recognizes such fees at the point in time that performance under the arrangement is completed. #### Other income Other income includes matched book and unmatched book interest income and fully paid lending rebate income. #### Leases In connection with the new FASB standard 842 regarding leases, which takes effect as of the first day of the fiscal year January 1, 2019, management has evaluated the financial impact the standards will have on the Company's financial statements using a modified retrospective approach. The Company does not maintain any leases in excess of a one-year term. As such, the Company does not have an obligation to record a right of use asset or an offsetting lease obligation. #### Deposit with Clearing Broker The Company, per the terms of its clearing agreement, is required to maintain a security deposit with its clearing broker. Such deposit amounts are refundable to the Company upon termination of the agreement. As of June 30, 2025, this amount was \$249,960. ## Receivable from Clearing Broker The Company clears all security transactions through its clearing broker. Amounts earned are reconciled monthly and paid in the subsequent month. As a result, the Company considers the amounts due from its clearing broker to be fully collectible, and accordingly, there is a commission receivable from Apex clearing of \$21,301 as of June 30, 2025. {8}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E96 [\ClmuC {9}------------------------------------------------ #### STIRLINGSHIRE INVESTMENTS NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2025 #### 5. REPORTABLE SEGMENTS The Company is engaged in retailing over-the counter corporate equity securities, mutual fund retailer and put and call broker or dealer or option writer. The Company has identified it's Chief Executive Officer (CEO) 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. Additionally, the CODM uses excess net capital (see Note 4), 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 Company's operations constitute a single operating segment and therefore, a single reportable segment, because the CODM manages the business activities using information of the Company as a whole. The accounting policies used to measure profit and loss of the segment are the same as those described in the summary of significant accounting policies. #### 6. SUBSEQUENT EVENTS Management of the Company has evaluated events and transactions that have occurred since June 30, 2025, 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. #### 7. GOING CONCERN The accompanying financial statement have been prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") assuming that the Company will continue as a going concern. For the year ended June 30, 2025, the Company incurred a net loss of \$751,718 which was funded through capital contributions from its parent entity. The parent entity is committed to continue funding the Company's operations and has the intent and ability to provide financial support through additional capital contributions and/or advances sufficient to meet the Company's obligations as they become due for at least twelve months following the issuance of these financial statements. Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.