**UNITED      STATES SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON,      D.C. 20549**

**FORM      10-QSB**

| **x** | QUARTERLY                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                ACT OF                1934 |
|-------|--------------------------------------------------------------------------------------------------------------------------------------|

**For      the quarterly period ended June 30, 2006**

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

**For      the transition period from _____________**

**Commission      File No. 000-51914**

**UNITED      NATIONS SECURITIES ASSOCIATION, INC. **

**(Exact      name of small business issuer as specified in its charter)**

| **Delaware**                                                                                 |                                                |
|----------------------------------------------------------------------------------------------|-----------------------------------------------------|
| (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) |

| **(346)                632 0460**                |
|--------------------------------------------------|
| (Issuer’s                telephone number) |

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**TABLE      OF CONTENTS**

| **PART                I - FINANCIAL INFORMATION**                                                                      |   |
|------------------------------------------------------------------------------------------------------------------------|--------|
| Item                1.   Financial Information                                                          |   |
| Item                2.   Management’s Discussion and Analysis or Plan of                Operation |   |
| Item                3.   Controls and Procedures                                                        |   |
|                                                                                                                   |   |
| **PART                II -OTHER INFORMATION**                                                                          |   |
| Item                1.   Legal Proceedings.                                                             |   |
| Item                2.   Unregistered Sales of Equity Securities and Use of                Proceeds.    |   |
| Item                3.   Defaults Upon Senior Securities.                                               |   |
| Item                4.   Submission of Matters to a Vote of Security                Holders.            |   |
| Item                5.   Other Information.                                                             |   |
| Item                6.   Exhibits and Reports of Form 8-K.                                              |   |
|                                                                                                                   |   |
| **SIGNATURES**                                                                                                         |   |

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**PART      I - **
**FINANCIAL      INFORMATION**

| **ITEM                1.** | **FINANCIAL                INFORMATION** |
|----------------------------|------------------------------------------|

**UNITED      NATIONS SECURITIES ASSOCIATION, INC.**

**(A      DEVELOPMENT STAGE COMPANY)**

**CONTENTS**

| PAGE   | 1                         | BALANCE                SHEET AS OF JUNE 30, 2006 (UNAUDITED)                                                                                                                                                                                                                                                    |
|--------|---------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                      |                                                                                                                                                                                                                                                                                                            |
| PAGE   | 2                         | STATEMENTS                OF OPERATIONS FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2006, FOR                THE                PERIOD FROM APRIL 25, 2005 (INCEPTION) TO JUNE 30, 2005 AND FOR THE                PERIOD FROM APRIL 25, 2005 (INCEPTION) TO JUNE 30, 2006                (UNAUDITED) |
|   |                      |                                                                                                                                                                                                                                                                                                            |
| PAGE   | 3                         | STATEMENT                OF CHANGES IN SHAREHOLDER’S EQUITY FOR THE PERIOD FROM APRIL 25, 2005                (INCEPTION) TO JUNE 30, 2006 (UNAUDITED)                                                                                                                                                    |
|   |                      |                                                                                                                                                                                                                                                                                                            |
| PAGE   | 4                         | STATEMENT                OF CASH FLOWS FOR THE SIX MONTHS ENDED JUNE 30, 2006, FOR THE PERIOD                FROM                APRIL 25, 2005 (INCEPTION) TO JUNE 30, 2005 AND FOR THE PERIOD FROM                APRIL 25, 2005 (INCEPTION) TO JUNE 30, 2006                (UNAUDITED)            |
|   |                      |                                                                                                                                                                                                                                                                                                            |
| PAGES  | 5 -                8 | NOTES                TO FINANCIAL STATEMENTS (UNAUDITED)                                                                                                                                                                                                                                                        |
|   |                      |                                                                                                                                                                                                                                                                                                            |

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**UNITED        NATIONS SECURITIES ASSOCIATION, INC.**

**(A        DEVELOPMENT STAGE COMPANY)**

**CONDENSED        BALANCE SHEET**

**JUNE        30, 2006**

**(UNAUDITED)**

| **ASSETS**                                                                                                                                 |   |
|--------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                       |   |   |   |
| **CURRENT                ASSETS**                                                                                                          |   |   |   |
| Prepaid                expense                                                                                                             |   | $ | 292 |   |
|                                                                                                                                       |   |   |   |   |
| **TOTAL                ASSETS**                                                                                                            |   | $ | 292 |   |
|                                                                                                                                       |   |   |   |   |
| **LIABILITIES                AND SHAREHOLDER’S EQUITY**                                                                              |
|                                                                                                                                       |   |   |   |   |
| **TOTAL                LIABILITIES**                                                                                                       |   | $ | - |   |
|                                                                                                                                       |   |   |   |   |
| **COMMITMENTS                AND CONTINGENCIES**                                                                                           |   |   |   |   |
|                                                                                                                                       |   |   |   |   |
| **SHAREHOLDER’S                EQUITY**                                                                                              |   |   |   |   |
| Preferred                stock, $0.001 par value, 100,000,000 shares authorized,                100,000 shares issued and outstanding |   |   | - |   |
| Common                stock, no par value, 100,000 shares authorized, 100,000 shares issued                and outstanding            |   |   | 100 |   |
| Additional                paid in capital                                                                                                  |   |   | 24,736 |   |
| Subscription                receivable                                                                                                     |   |   | (100 | ) |
| Accumulated                deficit during development stage                                                                                |   |   | (24,444 | ) |
| Total                Shareholder’s Equity                                                                                            |   |   | 292 |   |
|                                                                                                                                       |   |   |   |   |
| **TOTAL                LIABILITIES AND SHAREHOLDER’S EQUITY**                                                                        |   | $ | 292 |   |

----

**UNITED        NATIONS SECURITIES ASSOCIATION, INC.**

**(A        DEVELOPMENT STAGE COMPANY)**

**CONDENSED        STATEMENTS OF OPERATIONS**

**(UNAUDITED)**

|                                                                                                              |   | For                the Three Months Ended June 30, 2006 |    | For                the Period from April 25, 2005 (Inception) to June 30,                2005 |   | For                the Six Months Ended June 30, 2006 |   | For                the Period from April 25, 2005 (Inception) to June 30,                2006 |    |
|-------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------|---------|-----------------------------------------------------------------------------------------------|--------|-------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------|---------|
|                                                                                                              |   |                                                    |    |                                                                                          |   |                                                  |   |                                                                                          |    |
| **OPERATING                EXPENSES**                                                                             |   |                                                    |    |                                                                                          |   |                                                  |   |                                                                                          |    |
| Professional                fees                                                                                  |   | $                                                       | 9,208   |                                                                                          | $      | -                                                     |   | $                                                                                             | 9,208   |   | $ | 19,208 |   |
| General                and administrative                                                                         |   |                                                    | 1,823   |                                                                                          |   | 870                                                   |   |                                                                                          | 3,042   |   |   | 5,236 |   |
| Total                Operating Expenses                                                                           |   |                                                    | 11,031  |                                                                                          |   | 870                                                   |   |                                                                                          | 12,250  |   |   | 24,444 |   |
|                                                                                                              |   |                                                    |    |                                                                                          |   |                                                  |   |                                                                                          |    |   |   |   |   |
| **LOSS                FROM OPERATIONS**                                                                           |   |                                                    | (11,031 | )                                                                                             |   | (870                                                  | )      |                                                                                          | (12,250 | ) |   | (24,444 | ) |
|                                                                                                              |   |                                                    |    |                                                                                          |   |                                                  |   |                                                                                          |    |   |   |   |   |
| Provision                for Income Taxes                                                                         |   |                                                    | -       |                                                                                          |   | -                                                     |   |                                                                                          | -       |   |   | - |   |
|                                                                                                              |   |                                                    |    |                                                                                          |   |                                                  |   |                                                                                          |    |   |   |   |   |
| **NET                LOSS**                                                                                       |   | $                                                       | (11,031 | )                                                                                             | $      | (870                                                  | )      | $                                                                                             | (12,250 | ) | $ | (24,444 | ) |
|                                                                                                              |   |                                                    |    |                                                                                          |   |                                                  |   |                                                                                          |    |   |   |   |   |
| Net                loss per share - basic and diluted                                                             |   | $                                                       | (0.11   | )                                                                                             | $      | (0.01                                                 | )      | $                                                                                             | (0.12   | ) | $ | (0.24 | ) |
|                                                                                                              |   |                                                    |    |                                                                                          |   |                                                  |   |                                                                                          |    |   |   |   |   |
| Weighted                average number of shares outstanding during the period - basic and                diluted |   |                                                    | 100,000 |                                                                                          |   | 100,000                                               |   |                                                                                          | 100,000 |   |   | 100,000 |   |

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**UNITED        NATIONS SECURITIES ASSOCIATION, INC.**

**(A        DEVELOPMENT STAGE COMPANY)**

**CONDENSED        STATEMENT OF CHANGES IN SHAREHOLDER’S EQUITY**

**FOR        THE PERIOD FROM APRIL 25, 2005 (INCEPTION) TO JUNE 30,        2006**

**(UNAUDITED)**

|                                                                                                       |   | Common                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 cash (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                                                                        |   |                        | -      |                        |   | -                                 |   |                                                  | -       |         |   | -      |   |   | 2,236 |   |   | - |   |   | - |   |   | 2,236 |   |
|                                                                                                       |   |                        |   |                        |   |                              |   |                                                  |    |         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                loss for the six months ended June 30, 2006                                        |   |                        | -      |                        |   | -                                 |   |                                                  | -       |         |   | -      |   |   | - |   |   | (12,250 | ) |   | - |   |   | (12,250 | ) |
|                                                                                                       |   |                        |   |                        |   |                              |   |                                                  |    |         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **BALANCE,                JUNE 30, 2006**                                                                  |   |                        | -      |                        | $      | -                                 |   |                                                  | 100,000 |         | $      | 100    |   | $ | 24,736 |   | $ | (24,444 | ) | $ | (100 | ) | $ | 292 |   |

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**UNITED        NATIONS SECURITIES ASSOCIATION, INC.**

**(A        DEVELOPMENT STAGE COMPANY)**

**CONDENSED        STATEMENTS OF CASH FLOWS**

**(UNAUDITED)**

|                                                                                                      |   | For                the Six Months                Ended June                30, 2006 |    | For                thePeriod                fromApril                25, 2005(Inception)                toJune                30, 2005 |   | For                thePeriod                fromApril                25, 2005(Inception)                toJune                30, 2006 |   |
|-----------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------|---------|----------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                      |   |                                                                                |    |                                                                                                                                   |   |                                                                                                                                   |   |
| **CASH                FLOWS FROM OPERATING ACTIVITIES:**                                                  |   |                                                                                |    |                                                                                                                                   |   |                                                                                                                                   |   |
| Net                loss                                                                                   |   | $                                                                                   | (12,250 | )                                                                                                                                      | $      | (870                                                                                                                                   | )      | $ | (24,444 | ) |
| Adjustments                to reconcile net loss to net cash used in operating                activities: |   |                                                                                |    |                                                                                                                                   |   |                                                                                                                                   |   |   |   |   |
| In-kind                contribution                                                                       |   |                                                                                | 2,236   |                                                                                                                                   |   | 870                                                                                                                                    |   |   | 24,736 |   |
| Changes                in operating assets and liabilities:                                               |   |                                                                                |    |                                                                                                                                   |   |                                                                                                                                   |   |   |   |   |
| Increase                (decrease) in prepaid expenses                                                    |   |                                                                                | 10,014  |                                                                                                                                   |   |                                                                                                                                   |   |   | (292 | ) |
| Net                Cash Used In Operating Activities                                                      |   |                                                                                | -       |                                                                                                                                   |   | -                                                                                                                                      |   |   | - |   |
|                                                                                                      |   |                                                                                |    |                                                                                                                                   |   |                                                                                                                                   |   |   |   |   |
| **CASH                FLOWS FROM INVESTING ACTIVITIES**                                                   |   |                                                                                | -       |                                                                                                                                   |   | -                                                                                                                                      |   |   | - |   |
|                                                                                                      |   |                                                                                |    |                                                                                                                                   |   |                                                                                                                                   |   |   |   |   |
| **CASH                FLOWS FROM FINANCING ACTIVITIES**                                                   |   |                                                                                | -       |                                                                                                                                   |   | -                                                                                                                                      |   |   | - |   |
|                                                                                                      |   |                                                                                |    |                                                                                                                                   |   |                                                                                                                                   |   |   |   |   |
| NET                INCREASE (DECREASE) IN CASH                                                            |   |                                                                                | -       |                                                                                                                                   |   | -                                                                                                                                      |   |   | - |   |
|                                                                                                      |   |                                                                                |    |                                                                                                                                   |   |                                                                                                                                   |   |   |   |   |
| CASH                AND CASH EQUIVALENTS AT BEGINNING OF PERIOD                                           |   |                                                                                | -       |                                                                                                                                   |   | -                                                                                                                                      |   |   | - |   |
|                                                                                                      |   |                                                                                |    |                                                                                                                                   |   |                                                                                                                                   |   |   |   |   |
| CASH                AND CASH EQUIVALENTS AT END OF PERIOD                                                 |   | $                                                                                   | -       |                                                                                                                                   | $      | -                                                                                                                                      |   | $ | - |   |
|                                                                                                      |   |                                                                                |    |                                                                                                                                   |   |                                                                                                                                   |   |   |   |   |
| **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 |   |

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**UNITED        NATIONS SECURITIES ASSOCIATION, INC.**

**(A        DEVELOPMENT STAGE COMPANY)**

**NOTES        TO FINANCIAL STATEMENTS**

**JUNE        30, 2006**

**NOTE      1 BASIS OF PRESENTATION AND ORGANIZATION**

***(A)      Basis of Presentation***

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

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

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

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**UNITED          NATIONS SECURITIES ASSOCIATION, INC.**

**(A          DEVELOPMENT STAGE COMPANY)**

**NOTES          TO FINANCIAL STATEMENTS**

**JUNE          30, 2006**

***(E)      Income Taxes***

*Accounting      for Income Taxes*

***(F)      Business Segments***

***(G)      Revenue Recognition***

***(H)      Recent Accounting Pronouncements***

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**UNITED        NATIONS SECURITIES ASSOCIATION, INC.**

**(A        DEVELOPMENT STAGE COMPANY)**

**NOTES        TO FINANCIAL STATEMENTS**

**JUNE        30, 2006**

**NOTE      2**

**SHAREHOLDER’S      EQUITY**

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

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

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

**NOTE      3**

**RELATED      PARTY TRANSACTIONS**

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**UNITED        NATIONS SECURITIES ASSOCIATION, INC.**

**(A        DEVELOPMENT STAGE COMPANY)**

**NOTES        TO FINANCIAL STATEMENTS**

**JUNE        30, 2006**

**NOTE      4**

**GOING      CONCERN**

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| **ITEM                2.** | **MANAGEMENT’S                DISCUSSION AND ANALYSIS OR PLAN OF                OPERATION** |
|----------------------------|---------------------------------------------------------------------------------------------------|

**Plan      of Operation**

**Results      of Operation**

**Liquidity      and Capital Resources**

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| **ITEM                3.** | **CONTROLS                AND PROCEDURES** |
|----------------------------|--------------------------------------------|

**Evaluation      of disclosure controls and procedures**

**Changes      in internal controls**

**PART      II - **
**OTHER      INFORMATION**

| **ITEM                1.** | **LEGAL                PROCEEDINGS.** |
|----------------------------|---------------------------------------|

| **ITEM                2.** | **UNREGISTERED                SALES OF EQUITY SECURITIES AND USE OF                PROCEEDS.** |
|----------------------------|------------------------------------------------------------------------------------------------|

| **ITEM                3.** | **DEFAULTS                UPON SENIOR SECURITIES.** |
|----------------------------|-----------------------------------------------------|

| **ITEM                4.** | **SUBMISSION                OF MATTERS TO A VOTE OF SECURITY                HOLDERS.** |
|----------------------------|----------------------------------------------------------------------------------------|

| **ITEM                5.** | **OTHER                INFORMATION.** |
|----------------------------|---------------------------------------|

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| **ITEM                6.** | **EXHIBITS                AND REPORTS OF FORM 8-K.** |
|----------------------------|------------------------------------------------------|

|   | (a) | Reports                on Form 8-K and Form 8K-A |
|--------|-----|--------------------------------------------------|

|   |   | None. |
|--------|--------|-------|

|   | (b) | Exhibits |
|--------|-----|----------|

| **Exhibit                Number** | **Exhibit                Title**                                                                                                                                                              |
|-----------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                              |                                                                                                                                                                                          |
| 31.1                              | Certification                of Lord Dr. Masaaki Ikawa pursuant to 18 U.S.C. Section 1350 as adopted                pursuant to Section 302 of the Sarbanes-Oxley Act of                2002. |
|                              |                                                                                                                                                                                          |
| 32.1                              | Certification                of Lord Dr. Masaaki Ikawa pursuant to 18 U.S.C. Section 1350 as adopted                pursuant to Section 906 of the Sarbanes-Oxley Act of                2002. |

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**SIGNATURES**