----

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**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

**FORM      10-KSB**

| **x** | **ANNUAL                REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF                1934** |
|-------|------------------------------------------------------------------------------------------------------------------|

**For      the fiscal year ended December 31, 2006**

| **o** | **TRANSITION                REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF                1934** |
|-------|----------------------------------------------------------------------------------------------------------------------|

**For      the transition period from ___________ to ___________**

**Commission      file number **
**000-51914**

**UNITED      NATIONS SECURITIES ASSOCIATION, INC. **

| **Delaware**                                                                  | **20-2779605**                                      |
|-------------------------------------------------------------------------------|-----------------------------------------------------|
| (State                or other jurisdiction of incorporation or organization) | (I.R.S.                Employer Identification No.) |

| **350                  Fifth Avenue, Suite 4304, New York, NY**                     | **10118**                   |
|-------------------------------------------------------------------------------------|-----------------------------|
| (Address                  of principal executive offices)                           | (Zip                  Code) |
| **590                  Madison Avenue,****21****st****Floor, New York, N.Y. 10022** |                        |
| (Former                  Address)                                                   |                        |

| Registrant’s                telephone number, including area code: | **(917)                346-1489** |
|--------------------------------------------------------------------------|-----------------------------------|

| Securities                registered under Section 12(b) of the Exchange Act: |
|-------------------------------------------------------------------------------|
|                                                                          |   |
| Title                of each class                                            | Name                of each exchange on which registered |
| **None**                                                                      | **None** |

| Securities                registered under Section 12(g) of the Exchange Act: |
|-------------------------------------------------------------------------------|
| **Common                Stock, par value $.001**                              |
| (Title                of class)                                               |

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----

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**TABLE      OF CONTENTS**

| **Part                I**   |                                                                                                                                                          |   |
|-----------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                        |                                                                                                                                                          |   |
| Item                1.      | Description                of Business.                                                                                                                       | 3      |
|                        |                                                                                                                                                          |   |
| Item                2.      | Description                of Property.                                                                                                                       | 4      |
|                        |                                                                                                                                                          |   |
| Item                3.      | Legal                Proceedings.                                                                                                                             | 4      |
|                        |                                                                                                                                                          |   |
| Item                4.      | Submission                of Matters to a Vote of Security Holders.                                                                                           | 4      |
|                        |                                                                                                                                                          |   |
| **Part                II**  |                                                                                                                                                          |   |
|                        |                                                                                                                                                          |   |
| Item                5.      | Market                for Common Equity and Related Stockholder Matters.                                                                                      | 5      |
|                        |                                                                                                                                                          |   |
| Item                6.      | Management’s                Discussion and Analysis or Plan of Operations.                                                                              | 6      |
|                        |                                                                                                                                                          |   |
| Item                7.      | Financial                Statements.                                                                                                                          | F-1    |
|                        |                                                                                                                                                          |   |
| Item                8.      | Changes                in and Disagreements With Accountants on Accounting and Financial                Disclosure.                                           | 8      |
|                        |                                                                                                                                                          |   |
| Item                8A.     | Controls                and Procedures.                                                                                                                       | 8      |
|                        |                                                                                                                                                          |   |
| Item                8B.     | Other                Information.                                                                                                                             | 8      |
|                        |                                                                                                                                                          |   |
| **Part                III** |                                                                                                                                                          |   |
|                        |                                                                                                                                                          |   |
| Item                9.      | Directors,                Executive Officers, Promoters and Control Persons; Compliance with                Section                16(a) of the Exchange Act. | 8      |
|                        |                                                                                                                                                          |   |
| Item                10.     | Executive                Compensation.                                                                                                                        | 10     |
|                        |                                                                                                                                                          |   |
| Item                11.     | Security                Ownership of Certain Beneficial Owners and Management and Related                Stockholder Matters.                                 | 11     |
|                        |                                                                                                                                                          |   |
| Item                12.     | Certain                Relationships and Related Transactions.                                                                                                | 11     |
|                        |                                                                                                                                                          |   |
| Item                13.     | Exhibits.                                                                                                                                                     | 12     |
|                        |                                                                                                                                                          |   |
| Item                14.     | Principal                Accountant Fees and Services.                                                                                                        | 12     |
|                        |                                                                                                                                                          |   |
| **Signatures**              |                                                                                                                                                          | 12     |

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*Except      as otherwise required by the context, all references in this prospectus to      "we",      "us”, "our", “BMSTA”, or "Company" refer to the consolidated operations of      Bedminster National Corp., a Nevada corporation, and its wholly owned      subsidiaries.*

**Forward-Looking      Statements and Associated Risks **

*The      Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for      certain forward-looking statements. Some of the statements contained in this      annual report of the Company discuss future expectations, contain      projections of our operations or financial condition or state other      forward-looking information. Some statements contained in this annual report      on      Form 10-KSB that are not historical facts (including without limitation      statements to the effect that we "believe," "expect," "anticipate," "plan,"      "intend," "foresee," or other similar expressions) and are forward-looking      statements. These forward-looking statements are based on our current      expectations and beliefs concerning future developments and their potential      effects on us. There can be no assurance that future developments affecting      us      will be those anticipated by us. All comments concerning our expectations for      future revenue and operating results are based on our forecasts of our plan      of      operation and do not include the potential impact of any future acquisitions      or      operations. These forward-looking statements involve significant risks and      uncertainties (some of which are beyond our control) and assumptions. Should      one      or more of these risks or uncertainties materialize, or should any of our      assumptions prove incorrect, actual results may vary in material respects from      those projected in the forward-looking statements.*

**PART      I**

**Item      1.**
** Description      of Business.**

**General **

**Perceived      Benefits**

| ·   | the                ability to use registered securities to make acquisitions of assets                or                businesses; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------|
| ·   | increased                visibility in the financial community; |
|--------------------|-----------------------------------------------------------------|
| ·   | the                facilitation of borrowing from financial                institutions; |
|--------------------|------------------------------------------------------------------------------------------|
| ·   | improved                trading efficiency; |
|--------------------|---------------------------------------------|
| ·   | shareholder                liquidity; |
|--------------------|---------------------------------------|
| ·   | greater                ease in subsequently raising capital; |
|--------------------|--------------------------------------------------------------|
| ·   | compensation                of key employees through stock options for which there may be a market                valuation; |
|--------------------|------------------------------------------------------------------------------------------------------------------------------|
| ·   | enhanced                corporate image; |
|--------------------|------------------------------------------|
| ·   | a                presence in the United States capital                market. |
|--------------------|-------------------------------------------------------------------------------|

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**Potential      Target Companies**

| ·   | a                company for which a primary purpose of becoming public is the use                of its                securities for the acquisition of assets or                businesses; |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| ·   | a                company which is unable to find an underwriter of its securities                or is                unable to find an underwriter of securities on terms acceptable to                it; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| ·   | a                company which wishes to become public with less dilution of its common                stock than would occur upon an                underwriting; |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| ·   | a                company which believes that it will be able to obtain investment                capital                on more favorable terms after it has become                public; |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| ·   | a                foreign company which may wish an initial entry into the United States                securities market; |
|--------------------|---------------------------------------------------------------------------------------------------------------------------|
| ·   | a                special situation company, such as a company seeking a public market                to                satisfy redemption requirements under a qualified Employee Stock                Option                Plan; |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | a                company seeking one or more of the other perceived benefits of becoming                a                public company. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------|

**Patent      and Trademarks**

**Governmental      Regulations**

**Employees**

**Subsequent      Events**

**Item      2.**
** Description      of Property.**

**Item      3.**
** Legal      Proceedings.**

**Item      4.**
** **
**Submission      of Matters to a Vote of Security Holders.**

----

**PART      II**

**Item      5.**
** **

**Market      for Common Equity and Related Stockholder Matters.**

**Market      Information**

**Holders**

**Dividends**

**Recent      Sales of Unregistered Securities**

----

**Item      6.**
** Management’s      Discussion and Analysis or Plan of Operations.**

**Plan      of Operation**

**Results      of Operation**

**Liquidity      and Capital Resources**

**Results      of Operations**

***For      the Fiscal Year Ended December 31, 2006 and  the period ended December 31,      2005***

**Results      of Operation**

----

**Professional      Fees, General and Administrative Expenses**

**Liquidity      and Capital Resources **

**Critical      Accounting Policies**

**Recent      Accounting Pronouncements **

**Off-Balance      Sheet Arrangements**

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**Item      7.**
** Financial      Statements.**

**UNITED        NATIONS SECURITIES ASSOCIATION, INC.**

**(A        DEVELOPMENT STAGE COMPANY)**

**CONTENTS**

| PAGE   |   | F-2                                   |   | REPORT                  OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM                                                                                                                                                                                                                                 |
|--------|--------|---------------------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                  |   |                                                                                                                                                                                                                                                                                                     |
| PAGE   |   | F-3                                   |   | BALANCE                  SHEET AS OF DECEMBER 31, 2006                                                                                                                                                                                                                                                   |
|   |   |                                  |   |                                                                                                                                                                                                                                                                                                     |
| PAGE   |   | F-4                                   |   | STATEMENT                  OF OPERATIONS FOR THE YEAR ENDED DECEMBER 31, 2006, FOR THE PERIOD                  FROM                  APRIL 25, 2005 (INCEPTION) TO DECEMBER 31, 2005 AND FOR THE PERIOD                  FROM APRIL 25, 2005 (INCEPTION) TO DECEMBER 31,                  2006 |
|   |   |                                  |   |                                                                                                                                                                                                                                                                                                     |
| PAGE   |   | F-5                                   |   | STATEMENT                  OF CHANGES IN SHAREHOLDER’S EQUITY (DEFICIENCY) FOR THE PERIOD FROM APRIL                  25, 2005 (INCEPTION) TO DECEMBER 31, 2006                                                                                                                                    |
|   |   |                                  |   |                                                                                                                                                                                                                                                                                                     |
| PAGE   |   | F-6                                   |   | STATEMENT                  OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31, 2006, FOR THE PERIOD                  FROM                  APRIL 25, 2005 (INCEPTION) TO DECEMBER 31, 2005 AND FOR THE PERIOD                  FROM APRIL 25, 2005 (INCEPTION) TO DECEMBER 31,                  2006 |
|   |   |                                  |   |                                                                                                                                                                                                                                                                                                     |
| PAGES  |   | F-7 –                  F-9 |   | NOTES                  TO FINANCIAL STATEMENTS                                                                                                                                                                                                                                                           |

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**REPORT        OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

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**UNITED          NATIONS SECURITIES ASSOCIATION, INC.**

**(A          DEVELOPMENT STAGE COMPANY)**

**BALANCE          SHEET**

**AS          OF DECEMBER 31, 2006**

| **ASSETS**                                                                                                                                      |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                            |   |   |   |
| **CURRENT                  ASSETS**                                                                                                             |   |   |   |
| Cash                                                                                                                                            |   | $ | 6,188 |   |
|                                                                                                                                            |   |   |   |   |
| **TOTAL                  ASSETS**                                                                                                               |   | $ | 6,188 |   |
|                                                                                                                                            |   |   |   |   |
| **LIABILITIES                  AND STOCKHOLDERS’ DEFICIENCY**                                                                             |
|                                                                                                                                            |   |   |   |   |
| **CURRENT                  LIABILITIES**                                                                                                        |   |   |   |   |
| Accounts                  payable                                                                                                               |   | $ | 1,348 |   |
| Loans                  payable - related party                                                                                                  |   |   | 10,000 |   |
|                                                                                                                                            |   |   |   |   |
| **TOTAL                  LIABILITIES**                                                                                                          |   |   | 11,348 |   |
|                                                                                                                                            |   |   |   |   |
| **COMMITMENTS                  AND CONTINGENCIES**                                                                                              |   |   | - |   |
|                                                                                                                                            |   |   |   |   |
| **STOCKHOLDERS’                  DEFICIENCY**                                                                                             |   |   |   |   |
| Preferred                  stock, $0.001 par value, 50,000,000 shares authorized, none issued                  and                  outstanding |   |   | - |   |
| Common                  stock, $0.001 par value, 100,000,000 shares authorized,                  100,000 shares issued and outstanding     |   |   | 100 |   |
| Additional                  paid in capital                                                                                                     |   |   | 37,340 |   |
| Subscription                  receivable                                                                                                        |   |   | (100 | ) |
| Accumulated                  deficit during development stage                                                                                   |   |   | (42,500 | ) |
| Total                  Stockholders’ Deficiency                                                                                           |   |   | (5,160 | ) |
|                                                                                                                                            |   |   |   |   |
| **TOTAL                  LIABILITIES AND STOCKHOLDERS’ DEFICIENCY**                                                                       |   | $ | 6,188 |   |

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**UNITED        NATIONS SECURITIES ASSOCIATION, INC.**

**(A        DEVELOPMENT STAGE COMPANY)**

**STATEMENTS        OF OPERATIONS**

|                                                                                                                                   |   | For                  the Year Ended December 31, 2006 |    | For                  the Period from April 25, 2005 (Inception) to December 31,                  2005 |   | For                  the Period from April 25, 2005 (Inception) to December 31,                  2006 |   |
|----------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------|---------|-------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                   |   |                                                  |    |                                                                                                  |   |                                                                                                  |   |
| **OPERATING                  EXPENSES**                                                                                                |   |                                                  |    |                                                                                                  |   |                                                                                                  |   |
| Professional                  fees                                                                                                     |   | $                                                     | 14,910  |                                                                                                  | $      | 10,000                                                                                                |   | $ | 24,910 |   |
| General                  and administrative                                                                                            |   |                                                  | 15,396  |                                                                                                  |   | 2,194                                                                                                 |   |   | 17,590 |   |
| Total                  Operating Expenses                                                                                              |   |                                                  | 30,306  |                                                                                                  |   | 12,194                                                                                                |   |   | 42,500 |   |
|                                                                                                                                   |   |                                                  |    |                                                                                                  |   |                                                                                                  |   |   |   |   |
| **LOSS                  FROM OPERATIONS**                                                                                              |   |                                                  | (30,306 | )                                                                                                     |   | (12,194                                                                                               | )      |   | (42,500 | ) |
|                                                                                                                                   |   |                                                  |    |                                                                                                  |   |                                                                                                  |   |   |   |   |
| Provision                  for Income Taxes                                                                                            |   |                                                  | -       |                                                                                                  |   | -                                                                                                     |   |   | - |   |
|                                                                                                                                   |   |                                                  |    |                                                                                                  |   |                                                                                                  |   |   |   |   |
| **NET                  LOSS**                                                                                                          |   | $                                                     | (30,306 | )                                                                                                     | $      | (12,194                                                                                               | )      | $ | (42,500 | ) |
|                                                                                                                                   |   |                                                  |    |                                                                                                  |   |                                                                                                  |   |   |   |   |
| Net                  loss per share - basic and diluted                                                                                |   | $                                                     | (0.30   | )                                                                                                     | $      | (0.12                                                                                                 | )      | $ | (0.42 | ) |
|                                                                                                                                   |   |                                                  |    |                                                                                                  |   |                                                                                                  |   |   |   |   |
| Weighted                  average number of shares outstanding during the period - basic                  and                  diluted |   |                                                  | 100,000 |                                                                                                  |   | 100,000                                                                                               |   |   | 100,000 |   |

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**UNITED          NATIONS SECURITIES ASSOCIATION, INC.**

**(A          DEVELOPMENT STAGE COMPANY)**

**STATEMENT          OF STOCKHOLDERS’ DEFICIENCY**

**FOR          THE PERIOD FROM APRIL 25, 2005 (INCEPTION) TO DECEMBER 31,          2006**

|                                                                                                                            |   | Preferred                  Stock |   | Common                  Stock |   | Additional                  Paid-In |   | Accumulated                  Deficit During Development |    | Subscription |   |   |   |
|---------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------|--------|-------------------------------|--------|-------------------------------------|--------|---------------------------------------------------------|---------|--------------|--------|--------|--------|
|                                                                                                                            |   | Shares                           |   | Amount                        |   | Shares                              |   | Amount                                                  |    | Capital      |   | Stage  |   | Receivable |   | Total |   |
|                                                                                                                            |   |                             |   |                          |   |                                |   |                                                    |    |         |   |   |   |   |   |   |   |
| Balance,                  April 25, 2005                                                                                        |   |                             | -      |                          | $      | -                                   |   |                                                    | -       |         | $      | -      |   | $ | - |   | $ | - |   | $ | - |   | $ | - |   |
|                                                                                                                            |   |                             |   |                          |   |                                |   |                                                    |    |         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common                  stock issued to founder for services ($0.001 per share)                                                 |   |                             | -      |                          |   | -                                   |   |                                                    | 100,000 |         |   | 100    |   |   | - |   |   | - |   |   | (100 | ) |   | - |   |
|                                                                                                                            |   |                             |   |                          |   |                                |   |                                                    |    |         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| In-kind                  contribution                                                                                           |   |                             | -      |                          |   | -                                   |   |                                                    | -       |         |   | -      |   |   | 22,500 |   |   | - |   |   | - |   |   | 22,500 |   |
|                                                                                                                            |   |                             |   |                          |   |                                |   |                                                    |    |         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                  loss for the period from April 25, 2005 (inception) to December                  31,                  2005 |   |                             | -      |                          |   | -                                   |   |                                                    | -       |         |   | -      |   |   | - |   |   | (12,194 | ) |   | - |   |   | (12,194 | ) |
|                                                                                                                            |   |                             |   |                          |   |                                |   |                                                    |    |         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance,                  December 31, 2005                                                                                     |   |                             | -      |                          |   | -                                   |   |                                                    | 100,000 |         |   | 100    |   |   | 22,500 |   |   | (12,194 | ) |   | (100 | ) |   | 10,306 |   |
|                                                                                                                            |   |                             |   |                          |   |                                |   |                                                    |    |         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| In-kind                  contribution                                                                                           |   |                             | -      |                          |   | -                                   |   |                                                    | -       |         |   | -      |   |   | 8,840 |   |   | - |   |   | - |   |   | 8,840 |   |
|                                                                                                                            |   |                             |   |                          |   |                                |   |                                                    |    |         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| In-kind                  contribution of services                                                                               |   |                             | -      |                          |   | -                                   |   |                                                    | -       |         |   | -      |   |   | 6,000 |   |   | - |   |   | - |   |   | 6,000 |   |
|                                                                                                                            |   |                             |   |                          |   |                                |   |                                                    |    |         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                  loss for the year ended December 31, 2006                                                             |   |                             | -      |                          |   | -                                   |   |                                                    | -       |         |   | -      |   |   | - |   |   | (30,306 | ) |   | - |   |   | (30,306 | ) |
|                                                                                                                            |   |                             |   |                          |   |                                |   |                                                    |    |         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **BALANCE,                  DECEMBER 31, 2006**                                                                                 |   |                             | -      |                          | $      | -                                   |   |                                                    | 100,000 |         | $      | 100    |   | $ | 37,340 |   | $ | (42,500 | ) | $ | (100 | ) | $ | (5,160 | ) |

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**UNITED        NATIONS SECURITIES ASSOCIATION, INC.**

**(A        DEVELOPMENT STAGE COMPANY)**

**STATEMENTS        OF CASH FLOWS**

|                                                                                                          |   | For                  the Year Ended December 31, 2006 |    | For                  the Period from April 25, 2005 (Inception) to December 31,                  2005 |   | For                  the Period from April 25, 2005 (Inception) to December 31,                  2006 |   |
|---------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------|---------|-------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------|--------|
|                                                                                                          |   |                                                  |    |                                                                                                  |   |                                                                                                  |   |
| **CASH                  FLOWS FROM OPERATING ACTIVITIES:**                                                    |   |                                                  |    |                                                                                                  |   |                                                                                                  |   |
| Net                  loss                                                                                     |   | $                                                     | (30,306 | )                                                                                                     | $      | (12,194                                                                                               | )      | $ | (42,500 | ) |
| Adjustments                  to reconcile net loss to net cash used in operating                  activities: |   |                                                  |    |                                                                                                  |   |                                                                                                  |   |   |   |   |
| In-kind                  contribution                                                                         |   |                                                  | 14,840  |                                                                                                  |   | 22,500                                                                                                |   |   | 37,340 |   |
| Changes                  in operating assets and liabilities:                                                 |   |                                                  |    |                                                                                                  |   |                                                                                                  |   |   |   |   |
| Increase                  in accounts payable                                                                 |   |                                                  | 1,348   |                                                                                                  |   | -                                                                                                     |   |   | 1,348 |   |
| Decrease                  in prepaid expenses                                                                 |   |                                                  | 9,500   |                                                                                                  |   | (9,500                                                                                                | )      |   | - |   |
| Increase                  in deposit                                                                          |   |                                                  | 806     |                                                                                                  |   | (806                                                                                                  | )      |   | - |   |
| Net                  Cash Used In Operating Activities                                                        |   |                                                  | (3,812  | )                                                                                                     |   | -                                                                                                     |   |   | (3,812 | ) |
|                                                                                                          |   |                                                  |    |                                                                                                  |   |                                                                                                  |   |   |   |   |
| **CASH                  FLOWS FROM INVESTING ACTIVITIES**                                                     |   |                                                  | -       |                                                                                                  |   | -                                                                                                     |   |   | - |   |
|                                                                                                          |   |                                                  |    |                                                                                                  |   |                                                                                                  |   |   |   |   |
| **CASH                  FLOWS FROM FINANCING ACTIVITIES:**                                                    |   |                                                  |    |                                                                                                  |   |                                                                                                  |   |   |   |   |
| Proceeds                  from related party - note payable                                                   |   |                                                  | 10,000  |                                                                                                  |   | -                                                                                                     |   |   | 10,000 |   |
| Net                  Cash Provided By Financing Activities                                                    |   |                                                  | 10,000  |                                                                                                  |   | -                                                                                                     |   |   | 10,000 |   |
|                                                                                                          |   |                                                  |    |                                                                                                  |   |                                                                                                  |   |   |   |   |
| NET                  INCREASE IN CASH                                                                         |   |                                                  | 6,188   |                                                                                                  |   | -                                                                                                     |   |   | 6,188 |   |
|                                                                                                          |   |                                                  |    |                                                                                                  |   |                                                                                                  |   |   |   |   |
| CASH                  AND CASH EQUIVALENTS AT BEGINNING OF PERIOD                                             |   |                                                  | -       |                                                                                                  |   | -                                                                                                     |   |   | - |   |
|                                                                                                          |   |                                                  |    |                                                                                                  |   |                                                                                                  |   |   |   |   |
| CASH                  AND CASH EQUIVALENTS AT END OF PERIOD                                                   |   | $                                                     | 6,188   |                                                                                                  | $      | -                                                                                                     |   | $ | 6,188 |   |
|                                                                                                          |   |                                                  |    |                                                                                                  |   |                                                                                                  |   |   |   |   |
| **SUPPLEMENTAL                  DISCLOSURE OF CASH FLOW INFORMATION:**                                        |
|                                                                                                          |   |                                                  |    |                                                                                                  |   |                                                                                                  |   |   |   |   |
| Cash                  paid for interest                                                                       |   | $                                                     | -       |                                                                                                  | $      | -                                                                                                     |   | $ | - |   |
|                                                                                                          |   |                                                  |    |                                                                                                  |   |                                                                                                  |   |   |   |   |
| Cash                  paid for taxes                                                                          |   | $                                                     | -       |                                                                                                  | $      | -                                                                                                     |   | $ | - |   |
|                                                                                                          |   |                                                  |    |                                                                                                  |   |                                                                                                  |   |   |   |   |
| **SUPPLEMENTAL                  DISCLOSURE OF NON-CASH INVESTING AND FINANCING                  ACTIVITIES:** |
|                                                                                                          |   |                                                  |    |                                                                                                  |   |                                                                                                  |   |   |   |   |
| Stock                  sold for subscription (100,000 shares)                                                 |   | $                                                     | 100     |                                                                                                  | $      | -                                                                                                     |   | $ | 100 |   |

----

**UNITED        NATIONS SECURITIES ASSOCIATION, INC.**

**(A        DEVELOPMENT STAGE COMPANY)**

**NOTES        TO FINANCIAL STATEMENTS**

**DECEMBER        31, 2006**

**NOTE        1**
**SUMMARY        OF SIGNIFICANT ACCOUNTING POLICIES AND ORGANIZATION**

***(A)        Organization***

***(B)        Use of Estimates***

***(C)        Cash and Cash Equivalents***

***(D)        Loss Per Share***

***(E)        Income Taxes***

*Accounting        for Income Taxes*

----

**UNITED          NATIONS SECURITIES ASSOCIATION, INC.**

**(A          DEVELOPMENT STAGE COMPANY)**

**NOTES          TO FINANCIAL STATEMENTS**

**DECEMBER          31, 2006**

***(F)          Business Segments***

***(G)        Recent Accounting Pronouncements***

**NOTE        2**
**LOAN        PAYABLE - RELATED PARTY**

**NOTE        3**
**SHAREHOLDER’S        EQUITY**

***(A)        Common Stock Issued for Subscription Receivable***

***(B)        In-Kind Contribution***

***(C)        Amendment to Articles of Incorporation***

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**UNITED            NATIONS SECURITIES ASSOCIATION, INC.**

**(A            DEVELOPMENT STAGE COMPANY)**

**NOTES            TO FINANCIAL STATEMENTS**

**DECEMBER            31, 2006**

**NOTE        4**
**RELATED        PARTY TRANSACTIONS**

**NOTE        5**
**COMMITMENTS        AND CONTINGENCIES**

| Year   |   | Amount |   |
|--------|--------|--------|--------|
|   |   |   |   |
| 2007   |   | $      | 5,016  |   |
| 2008   |   |   | 5,016  |   |
| 2009   |   |   | 2,508  |   |
|   |   |   |   |   |
|   |   | $      | 12,540 |   |

**NOTE        6**
**GOING        CONCERN**

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**Item      8.**
** Changes      In and Disagreements With Accountants on Accounting and Financial      Disclosure.**

**Item      8A.**
** Controls      and Procedures.**

**Evaluation      of Disclosure Controls and Procedures**

**Changes      in Internal Controls**

**Item      8B.**
** Other      Information.**

**PART      III**

**Item      9.**
** Directors,      Executive Officers, Promoters and Control Persons; Compliance with Section      16(a)      of the Exchange Act.**

| **Name**                              |   | **Age** |   | **Position**                                                                         |   | **Date                of Appointment** |
|---------------------------------------|--------|---------|--------|--------------------------------------------------------------------------------------|--------|----------------------------------------|
|                                  |   |    |   |                                                                                 |   |                                   |
| Lord                Dr. Masaaki Ikawa |   | 79      |   | President,                Chief Executive Officer, Chief Financial Officer, Chairman |   | April                2005              |

**Lord      Dr. Masaaki Ikawa**

----

**Term      of Office**

**Significant      Employees**

**Family      Relationships**

**Involvement      in Certain Legal Proceedings**

| ·  | the                subject of any bankruptcy petition filed by or against any business                of                which such person was a general partner or executive officer either                at the                time of the bankruptcy or within two years prior to that time; |
|--------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·  | convicted                in a criminal proceeding or is subject to a pending criminal proceeding                (excluding traffic violations and other minor offenses); |
|--------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·  | subject                to any order, judgment, or decree, not subsequently reversed, suspended                or                vacated, of any court of competent jurisdiction, permanently or                temporarily enjoining, barring, suspending or otherwise limiting                his                involvement in any type of business, securities or banking activities;                or |
|--------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·  | found                by a court of competent jurisdiction (in a civil action), the Commission                or the Commodity Futures Trading Commission to have violated a federal                or                state securities or commodities law. |
|--------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Code      of Ethics **

**Compliance      with Section 16(a) of the Exchange Act**

----

**Item      10.**
** Executive      Compensation.**

**Compensation      of Executive Officers**

**SUMMARY      COMPENSATION TABLE**

| **Name                and Principal Position** |   | **Year**  |   | **Salary****($)**  |   | **Bonus****($)**  |   | **Stock                Awards****($)** |   | **Option                Awards****($)**  |   | **Non-Equity                Incentive Plan Compensation ($)**  |   | **Non-Qualified                Deferred Compensation Earnings****($)**  |   | **All                Other Compensation****($)**  |   | **Totals****($)** |   |
|------------------------------------------------|--------|----------------|--------|-------------------------|--------|------------------------|--------|----------------------------------------|--------|-----------------------------------------------|--------|---------------------------------------------------------------------|--------|------------------------------------------------------------------------------|--------|--------------------------------------------------------|--------|-------------------|--------|
|                                           |   |           |   |                    |   |                   |   |                                   |   |                                          |   |                                                                |   |                                                                         |   |                                                   |   |              |   |
| **Lord              Dr. Masaaki Ikawa**        |   |           |   |               |   |              |   |                              |   |                                     |   |                                                           |   |                                                                    |   |                                              |   |              |   |
| President,                Chief                |   |           | 2006   |                    | $      | 0                      |   |                                   | 0      |                                          |   | 0                                                                   |   |                                                                         | 0      |                                                   |   | 0                 |   |   | 0 |   |   | (0 | ) | $ | 0 |   |
| Executive                Officer,              |   |           | 2005   |                    | $      | 0                      |   |                                   | 0      |                                          |   | 0                                                                   |   |                                                                         | 0      |                                                   |   | 0                 |   |   | 0 |   |   | (0 | ) | $ | 0 |   |
| Chief                Financial Officer         |   |           |        |                    |   |                        |   |                                   |        |                                          |   |                                                                     |   |                                                                         |        |                                                   |   |                   |   |   |  |   |   |  |   |   |  |   |

**Outstanding      Equity Awards at Fiscal Year-End Table.**

**Employment      Agreements**

----

**Compensation      of Directors**

**Item      11.**
** Security      Ownership of Certain Beneficial Owners and Management and Related Stockholder      Matters.**

| **Title                of Class** |   | **Name                and Address of Beneficial Owner**                |   | **Amount                and Nature of Beneficial Ownership** |   | **Percent                of Class****(2)** |   |
|-----------------------------------|--------|------------------------------------------------------------------------|--------|--------------------------------------------------------------|--------|--------------------------------------------|--------|
|                              |   |                                                                   |   |                                                         |   |                                       |   |
| Common                Stock       |   | **Lord                Dr. Masaaki Ikawa**                              |   | 100,000                                                      |   | 100%                                       |   |
|                              |   |                                                                   |   |                                                         |   |                                       |   |
| **Common                Stock**   |   | **All                officers and directors as a group (1 in number)** |   | **100,000**                                                  |   | **100%**                                   |   |

**Item      12.**
** Certain      Relationships and Related Transactions.**

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**Item      13.**
** Exhibits.**

| **Exhibit No.** |    | **Title                of Document**                                                                                                                                                           |    | **Location**                  |
|----------------------|--------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------|-------------------------------|
|                 |         |                                                                                                                                                                                           |         |                          |
| 3.1.1                |    | Articles                of Incorporation                                                                                                                                                       |    | Filed                herewith |
|                 |         |                                                                                                                                                                                           |         |                          |
| 3.1.2                |         | Amendment                to Articles of Incorporation                                                                                                                                          |         | Filed                herewith |
|                 |         |                                                                                                                                                                                           |         |                          |
| 3.2                  |         | Bylaws                                                                                                                                                                                         |         | Filed                herewith |
|                 |         |                                                                                                                                                                                           |         |                          |
| 31.1                 |         | Certification                of Chief Executive Officer Pursuant to Rule 13a-14(a) of the                Securities Exchange Act of 1934                                                  |         | Filed                herewith |
|                 |         |                                                                                                                                                                                           |         |                          |
| 32.1                 |         | Certification                of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as                adopted                pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 |         | Filed                herewith |

**Item      14.**
** Principal      Accounting Fees and Services.**

**Audit      Fees**

**Tax      Fees**

**All      Other Fees**

**SIGNATURES**

|                              |                                                         |                                           |
|-----------------------------------|--------------------------------------------------------------|------------------------------------------------|
|                              | **UNITED              NATIONS SECURITIES ASSOCIATION, INC.** |
|                         |                                                    |                                      |
|                              | By:                                                | */**s/**Lord                Dr. Masaaki Ikawa* |
|                              | Lord                Dr. Masaaki Ikawa                        |
|                              | President,                Chief Executive Officer,           |
|                              | Chief              Financial Officer                         |
|                              |                                                         |
| Date:              March 15, 2007 |                                                              |

| **Name**                                     |   | **Title**                                          |   | **Date**                      |
|----------------------------------------------|--------|----------------------------------------------------|--------|-------------------------------|
|                                         |   |                                               |   |                          |
| */s/**Lord                Dr. Masaaki Ikawa* |   | President,                Chief Executive Officer, |   | March                16, 2007 |
| Lord                Dr. Masaaki Ikawa        |   | Chief                Financial Officer             |   |                          |

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