**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 March 31, 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.) |

| **590                Madison Avenue, 21****st****Floor, New York, N.Y.** | **10022**                 |
|--------------------------------------------------------------------------|---------------------------|
| (Address                of principal executive offices)                  | (Zip                Code) |

| **(917)                346-1489**                |
|--------------------------------------------------|
| (Issuer’s                telephone number) |

|  Yes                x                No                o |   |
|---------------------------------------------------------------|--------|

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**TABLE      OF CONTENTS**

| **PART                I - FINANCIAL INFORMATION**                                                                      |   |
|------------------------------------------------------------------------------------------------------------------------|--------|
| Item                1.   Financial Information                                                          | 1      |
| Item                2.   Management’s Discussion and Analysis or Plan of                Operation | 8      |
| Item                3.   Controls and Procedures                                                        | 9      |
|                                                                                                                   |   |
| **PART                II -OTHER INFORMATION**                                                                          |   |
| Item                1.   Legal Proceedings.                                                             | 9      |
| Item                2.   Unregistered Sales of Equity Securities and Use of                Proceeds.    | 9      |
| Item                3.   Defaults Upon Senior Securities.                                               | 9      |
| Item                4.   Submission of Matters to a Vote of Security                Holders.            | 9      |
| Item                5.   Other Information.                                                             | 9      |
| Item                6.   Exhibits and Reports of Form 8-K.                                              | 10     |
|                                                                                                                   |   |
| **SIGNATURES**                                                                                                         | 11     |

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

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

**UNITED        NATIONS SECURITIES ASSOCIATION, INC.**

**(A        DEVELOPMENT STAGE COMPANY)**

**CONTENTS**

| PAGE   | 1                                       | CONDENSED                  BALANCE SHEET AS OF MARCH 31, 2006 (UNAUDITED)                                                                                                                                                              |
|--------|-----------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                    |                                                                                                                                                                                                                                   |
| PAGE   | 2                                       | CONDENSED                  STATEMENTS OF OPERATIONS FOR THE THREE MONTHS ENDED MARCH 31, 2006                  AND FOR                  THE PERIOD FROM APRIL 25, 2005 (INCEPTION) TO MARCH 31, 2006                  (UNAUDITED) |
|   |                                    |                                                                                                                                                                                                                                   |
| PAGE   | 3                                       | CONDENSED                  STATEMENT OF CHANGES IN SHAREHOLDER’S EQUITY FOR THE PERIOD FROM APRIL 25,                  2005 (INCEPTION) TO MARCH 31, 2006 (UNAUDITED)                                                            |
|   |                                    |                                                                                                                                                                                                                                   |
| PAGE   | 4                                       | CONDENSED                  STATEMENTS OF CASH FLOWS FOR THE THREE MONTHS ENDED MARCH 31, 2006                  AND FOR                  THE PERIOD FROM APRIL 25, 2005 (INCEPTION) TO MARCH 31, 2006                  (UNAUDITED) |
|   |                                    |                                                                                                                                                                                                                                   |
| PAGES  | 5                  -                  7 | NOTES                  TO CONDENSED FINANCIAL STATEMENTS (UNAUDITED)                                                                                                                                                                   |
|   |                                    |                                                                                                                                                                                                                                   |

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**UNITED        NATIONS SECURITIES ASSOCIATION, INC.**

**(A        DEVELOPMENT STAGE COMPANY)**

**CONDENSED        BALANCE SHEET**

**MARCH        31, 2006**

**(UNAUDITED)**

| **ASSETS**                                                                                                                      |   |
|---------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                            |   |   |   |
| **CURRENT                ASSETS**                                                                                               |   |   |   |
| Prepaid                expense                                                                                                  |   | $ | 10,739 |   |
|                                                                                                                            |   |   |   |   |
| **TOTAL                ASSETS**                                                                                                 |   | $ | 10,739 |   |
|                                                                                                                            |   |   |   |   |
| **LIABILITIES                AND SHAREHOLDER’S EQUITY**                                                                   |
|                                                                                                                            |   |   |   |   |
| **TOTAL                LIABILITIES**                                                                                            |   | $ | - |   |
|                                                                                                                            |   |   |   |   |
| **SHAREHOLDER’S                EQUITY**                                                                                   |   |   |   |   |
| Common                stock, no par value, 100,000 shares authorized, 100,000 shares issued                and outstanding |   |   | 100 |   |
| Additional                paid in capital                                                                                       |   |   | 24,152 |   |
| Subscription                receivable                                                                                          |   |   | (100 | ) |
| Accumulated                deficit during development stage                                                                     |   |   | (13,413 | ) |
| Total                Shareholder’s Equity                                                                                 |   |   | 10,739 |   |
|                                                                                                                            |   |   |   |   |
| **TOTAL                LIABILITIES AND SHAREHOLDER’S EQUITY**                                                             |   | $ | 10,739 |   |

----

**UNITED        NATIONS SECURITIES ASSOCIATION, INC.**

**(A        DEVELOPMENT STAGE COMPANY)**

**CONDENSED        STATEMENTS OF OPERATIONS**

**(UNAUDITED)**

|                                                                                                              |   | For                the Three                Months                Ended March                31, 2006 |    | For                the Period from                April 25, 2005 (Inception) to March                31, 2006 |   |
|-------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------|---------|---------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                              |   |                                                                                                  |    |                                                                                                          |   |
| **REVENUE**                                                                                                       |   | $                                                                                                     | -       |                                                                                                          | $      | - |   |
|                                                                                                              |   |                                                                                                  |    |                                                                                                          |   |   |   |
| **OPERATING                EXPENSES**                                                                             |   |                                                                                                  |    |                                                                                                          |   |   |   |
| Professional                fees                                                                                  |   | $                                                                                                     | -       |                                                                                                          | $      | 10,000 |   |
| General                and administrative                                                                         |   |                                                                                                  | 1,219   |                                                                                                          |   | 3,413 |   |
| Total                Operating Expenses                                                                           |   |                                                                                                  | 1,219   |                                                                                                          |   | 13,413 |   |
|                                                                                                              |   |                                                                                                  |    |                                                                                                          |   |   |   |
| **LOSS                FROM OPERATIONS**                                                                           |   |                                                                                                  | (1,219  | )                                                                                                             |   | (13,413 | ) |
|                                                                                                              |   |                                                                                                  |    |                                                                                                          |   |   |   |
| Provision                for Income Taxes                                                                         |   |                                                                                                  | -       |                                                                                                          |   | - |   |
|                                                                                                              |   |                                                                                                  |    |                                                                                                          |   |   |   |
| **NET                LOSS**                                                                                       |   | $                                                                                                     | (1,219  | )                                                                                                             | $      | (13,413 | ) |
|                                                                                                              |   |                                                                                                  |    |                                                                                                          |   |   |   |
| Net                loss per share - basic and diluted                                                             |   | $                                                                                                     | (0.01   | )                                                                                                             | $      | (0.13 | ) |
|                                                                                                              |   |                                                                                                  |    |                                                                                                          |   |   |   |
| Weighted                average number of shares outstanding during the period - basic and                diluted |   |                                                                                                  | 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 MARCH 31,        2006**

**(UNAUDITED)**

|                                                                                                       |   | Common                Stock |    | Additional                Paid-In |   | Accumulated                Deficit                During                Development |   | Subscription |   |       |   |
|------------------------------------------------------------------------------------------------------------|--------|-----------------------------|---------|-----------------------------------|--------|-------------------------------------------------------------------------------------|--------|--------------|--------|------------|--------|
|                                                                                                       |   | Shares                      |    | Amount                            |   | Capital                                                                             |   | Stage        |   | Receivable |   | Total |   |
|                                                                                                       |   |                        |    |                              |   |                                                                                |   |         |   |       |   |   |   |
| Balance,                April 25, 2005                                                                     |   |                        | -       |                              | $      | -                                                                                   |   | $            | -      |       | $      | - |   | $ | - |   | $ | - |   |
|                                                                                                       |   |                        |    |                              |   |                                                                                |   |         |   |       |   |   |   |   |   |   |   |   |   |
| Common                stock issued for services to founder                                                 |   |                        | 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                                                                        |   |                        | -       |                              |   | -                                                                                   |   |         | 1,652  |       |   | - |   |   | - |   |   | 1,652 |   |
|                                                                                                       |   |                        |    |                              |   |                                                                                |   |         |   |       |   |   |   |   |   |   |   |   |   |
| Net                loss for the three months ended March 31, 2006                                          |   |                        | -       |                              |   | -                                                                                   |   |         | -      |       |   | (1,219 | ) |   | - |   |   | (1,219 | ) |
|                                                                                                       |   |                        |    |                              |   |                                                                                |   |         |   |       |   |   |   |   |   |   |   |   |   |
| **BALANCE,                MARCH 31, 2006**                                                                 |   |                        | 100,000 |                              | $      | 100                                                                                 |   | $            | 24,152 |       | $      | (13,413 | ) | $ | (100 | ) | $ | 10,739 |   |

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**UNITED        NATIONS SECURITIES ASSOCIATION, INC.**

**(A        DEVELOPMENT STAGE COMPANY)**

**CONDENSED        STATEMENTS OF CASH FLOWS**

**(UNAUDITED)**

|                                                                                                      |   | For                the Three Months                EndedMarch                31, 2006 |   | For                thePeriod                FromApril                25, 2005(Inception)                toMarch                31, 2006 |   |
|-----------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                      |   |                                                                                  |   |                                                                                                                                    |   |
| **CASH                FLOWS FROM OPERATING ACTIVITIES:**                                                  |   |                                                                                  |   |                                                                                                                                    |   |
| Net                 loss                                                                                  |   | $                                                                                     | (1,219 | )                                                                                                                                       | $      | (13,413 | ) |
| Adjustments                to reconcile net loss to net cash used in operating                activities: |   |                                                                                  |   |                                                                                                                                    |   |   |   |
| In-kind                contribution                                                                       |   |                                                                                  | 1,652  |                                                                                                                                    |   | 24,152 |   |
| Changes                in operating assets and liabilities:                                               |   |                                                                                  |   |                                                                                                                                    |   |   |   |
| Increase                in prepaid expenses                                                               |   |                                                                                  | (433   | )                                                                                                                                       |   | (10,739 | ) |
| 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 |   |

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**UNITED        NATIONS SECURITIES ASSOCIATION, INC.**

**(A        DEVELOPMENT STAGE COMPANY)**

**NOTES        TO CONDENSED FINANCIAL STATEMENTS**

**AS        OF MARCH 31, 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 CONDENSED FINANCIAL STATEMENTS**

**AS        OF MARCH 31, 2006**

***(E)      Income Taxes***

*Accounting      for Income Taxes*

***(F)      Business Segments***

***(G)      Revenue Recognition***

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

**NOTE      2**

**SHAREHOLDER’S      EQUITY**

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

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** **

**UNITED        NATIONS SECURITIES ASSOCIATION, INC.**

**(A        DEVELOPMENT STAGE COMPANY)**

**NOTES        TO CONDENSED FINANCIAL STATEMENTS**

**AS        OF MARCH 31, 2006**

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

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

**NOTE      3**

**RELATED      PARTY TRANSACTIONS**

**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.** |
|----------------------------|---------------------------------------|

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

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

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

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

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| **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**