**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 September 30, 2007**

| **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**

----

**TABLE      OF CONTENTS**

| **PART                I – FINANCIAL INFORMATION**                                                           |     |
|------------------------------------------------------------------------------------------------------------------------|----------|
| Item                1.   Financial Information                                                          |  1  |
| Item                2.   Management’s Discussion and Analysis or Plan of                Operation |  11 |
| Item                3.   Controls and Procedures                                                        |  13 |
|                                                                                                                   |     |
| **PART                II – OTHER INFORMATION**                                                                   |     |
| Item                1.   Legal Proceedings.                                                             |  14 |
| Item                2.   Unregistered Sales of Equity Securities and Use of                Proceeds.    |  14 |
| Item                3.   Defaults Upon Senior Securities.                                               |  14 |
| Item                4.   Submission of Matters to a Vote of Security                Holders.            |  14 |
| Item                5.   Other Information.                                                             | 14       |
| Item                6.   Exhibits and Reports of Form 8-K.                                              |  14 |
|                                                                                                                   |     |
| **SIGNATURES**                                                                                                         |  15 |

----

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

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

**UNITED          NATIONS SECURITIES ASSOCIATION, INC.**

**(A          DEVELOPMENT STAGE COMPANY)**

**CONTENTS**

| PAGE   | 2                            | CONDENSED                  BALANCE SHEET AS OF SEPTEMBER 30, 2007 (UNAUDITED)                                                                                                                                                                                   |
|--------|------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                         |                                                                                                                                                                                                                                                            |
| PAGE   | 3                            | CONDENSED                  STATEMENT OF OPERATIONS FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER                  30,                  2007 AND 2006 AND FOR THE PERIOD FROM APRIL 25, 2005 (INCEPTION) TO                  SEPTEMBER 30, 2007 (UNAUDITED) |
|   |                         |                                                                                                                                                                                                                                                            |
| PAGE   | 3                            | CONDENSED                  STATEMENT OF CHANGES IN SHAREHOLDER’S DEFICIENCY FOR THE PERIOD FROM APRIL                  25, 2005 (INCEPTION) TO SEPTEMBER 30, 2007 (UNAUDITED)                                                                             |
|   |                         |                                                                                                                                                                                                                                                            |
| PAGE   | 3                            | CONDENSED                  STATEMENT OF CASH FLOWS FOR THE NINE MONTHS ENDED SEPTEMBER 30,                  2007 AND                  2006 AND FOR THE PERIOD FROM APRIL 25, 2005 (INCEPTION) TO SEPTEMBER                  30, 2007 (UNAUDITED)           |
|   |                         |                                                                                                                                                                                                                                                            |
| PAGES  | 6 -                  10 | NOTES                  TO CONDENSED FINANCIAL STATEMENTS (UNAUDITED)                                                                                                                                                                                            |
|   |                         |                                                                                                                                                                                                                                                            |

----

**United        Nations Securities Association, Inc.**

**(A        Development Stage Company)**

**Condensed        Balance Sheet**

**September        30, 2007**

**(Unaudited)**

| **ASSETS**                                                                                                                                      |   |   |        |
|-------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|-------------|
| **Current                  Assets**                                                                                                             |   |   |        |
| Cash                                                                                                                                            |   | **$**  | 118         |   |
| **Total                  Current Assets**                                                                                                       |   |   | 118         |   |
|                                                                                                                                            |   |   |        |   |
| **Total                  Assets**                                                                                                               |   | **$**  | **118**     |   |
|                                                                                                                                            |   |   |        |   |
| **LIABILITIES                  AND STOCKHOLDERS’ DEFICIENCY**                                                                             |   |   |        |   |
|                                                                                                                                            |   |   |        |   |
| **Current                  Liabilities**                                                                                                        |   |   |        |   |
| Accounts                  payable                                                                                                               |   | **$**  | 775         |   |
| Loans                  payable - related party                                                                                                  |   |   | 15,500      |   |
| **Total                  Liabilities**                                                                                                          |   |   | **16,275**  |   |
|                                                                                                                                            |   |   |        |   |
| **Stockholders’                  Deficiency**                                                                                             |   |   |        |   |
| Preferred                  stock, $0.001 par value; 50,000,000 shares authorized, none issued                  and                  outstanding |   |   | -           |   |
| Common                  stock, no par value; 100,000,000 shares authorized, 100,000 issued                  and                  outstanding    |   |   | 100         |   |
| Additional                  paid-in capital                                                                                                     |   |   | 49,229      |   |
| Subscription                  Receivable                                                                                                        |   |   | (100        | ) |
| Deficit                  accumulated during the development stage                                                                               |   |   | (65,386     | ) |
| **Total                  Stockholders’ Deficiency**                                                                                       |   |   | **(16,157** | **)** |
|                                                                                                                                            |   |   |        |   |
| **Total                  Liabilities and Stockholders’ Deficiency**                                                                       |   | **$**  | **118**     |   |

----

**United          Nations Securities Association, Inc.**

**(A          Development Stage Company)**

**Condensed          Statement of Operations**

**For          the Three and Nine Months Ended September 30, 2007 and 2006          and**

**for          the Period from April 25, 2005 (Inception) to September 30,          2007**

**(Unaudited)**

|                                                                                                                                       |   | **Three Months Ended September 30,** |        | **Nine Months Ended September 30,** |   |  **April 25, 2005****Inception** |   |
|--------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------|-------------|---------------------------------------------------------|--------|-------------------------------------------------|--------|
|                                                                                                                                       |   | **2007**                                                 |        | **2006**                                                |   | **2007**                                        |   | **2006** |   |  **September 30, 2007** |   |
| **Operating                  Expenses**                                                                                                    |   |                                                     |        |                                                    |   |                                            |   |   |   |    |   |
| Professional                  fees                                                                                                         |   | $                                                        | 3,004       |                                                    | $      | 3,955                                           |   | $ | 9,501 |   | $ | 13,163 |   | $ | 34,411 |   |
| General                  and administrative                                                                                                |   |                                                     | 4,342       |                                                    |   | 3,341                                           |   |   | 13,385 |   |   | 6,383 |   |   | 30,975 |   |
| **Total                  Operating Expenses**                                                                                              |   |                                                     | 7,346       |                                                    |   | 7,296                                           |   |   | 22,886 |   |   | 19,546 |   |   | 65,386 |   |
|                                                                                                                                       |   |                                                     |        |                                                    |   |                                            |   |   |   |   |   |   |   |   |   |   |
| **LOSS                  FROM OPERATIONS**                                                                                                  |   |                                                     | **(7,346**  | **)**                                                   |   | **(7,296**                                      | **)**  |   | **(22,886** | **)** |   | **(19,546** | **)** |   | **(65,386** | **)** |
|                                                                                                                                       |   |                                                     |        |                                                    |   |                                            |   |   |   |   |   |   |   |   |   |   |
| **Provision                  for Income Taxes**                                                                                            |   |                                                     | **-**       |                                                    |   | **-**                                           |   |   | **-** |   |   | **-** |   |   | **-** |   |
|                                                                                                                                       |   |                                                     |        |                                                    |   |                                            |   |   |   |   |   |   |   |   |   |   |
| **NET                  LOSS**                                                                                                              |   | **$**                                                    | **(7,346**  | **)**                                                   | **$**  | **(7,296**                                      | **)**  | **$** | **(22,886** | **)** | **$** | **(19,546** | **)** | **$** | **(65,386** | **)** |
|                                                                                                                                       |   |                                                     |        |                                                    |   |                                            |   |   |   |   |   |   |   |   |   |   |
| **Net                  Loss Per Share - Basic and Diluted**                                                                                |   | **$**                                                    | **(0.07**   | **)**                                                   | **$**  | **(0.07**                                       | **)**  | **$** | **(0.23** | **)** | **$** | **(0.20** | **)** |   |   |   |
|                                                                                                                                       |   |                                                     |        |                                                    |   |                                            |   |   |   |   |   |   |   |   |   |   |
| **Weighted                  average number of shares outstanding during the period - basic                  and                  diluted** |   |                                                     | **100,000** |                                                    |   | **100,000**                                     |   |   | **100,000** |   |   | **100,000** |   |   |   |   |

----

**United        Nations Securities Association, Inc.**

**(A        Development Stage Company)**

**Condensed        Statement of Stockholders’ Deficiency**

**For        the period from April 25, 2005 (Inception) to September 30,        2007**

**(Unaudited)**

|                                                                                                      |   |                          |        |       |   |                    |   | Deficit      |       |                |   |        |   |
|-----------------------------------------------------------------------------------------------------------|--------|-------------------------------|-------------|------------|--------|-------------------------|--------|--------------|------------|---------------------|--------|-------------|--------|
|                                                                                                      |   |                          |        | Additional |   | accumulated during |   |         |       | Total               |   |
|                                                                                                      |   | Common                  stock |        | paid-in    |   | development             |   | Subscription |       | Stockholder’s |   |
|                                                                                                      |   | Shares                        |        | Amount     |   | capital                 |   | stage        |       | Receivable          |   | Deficiency  |   |
|                                                                                                      |   |                          |        |       |   |                    |   |         |       |                |   |        |   |
| Balance,                  April 25, 2005                                                                  |   |                          | -           |       | $      | -                       |   | $            | -          |                | $      | -           |   | $ | - |   | $ | - |   |
|                                                                                                      |   |                          |        |       |   |                    |   |         |       |                |   |        |   |   |   |   |   |   |   |
| Common                  stock issued for services to founder ($0.001)                                     |   |                          | 100,000     |       |   | 100                     |   |         | -          |                |   | -           |   |   | (100 | ) |   | - |   |
|                                                                                                      |   |                          |        |       |   |                    |   |         |       |                |   |        |   |   |   |   |   |   |   |
| In-kind                  contribution                                                                     |   |                          | -           |       |   | -                       |   |         | 22,500     |                |   | -           |   |   | - |   |   | 22,500 |   |
|                                                                                                      |   |                          |        |       |   |                    |   |         |       |                |   |        |   |   |   |   |   |   |   |
| Net                  loss for the period 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 | ) |
|                                                                                                      |   |                          |        |       |   |                    |   |         |       |                |   |        |   |   |   |   |   |   |   |
| In-kind                  contribution                                                                     |   |                          | -           |       |   | -                       |   |         | 7,389      |                |   | -           |   |   | - |   |   | 7,389 |   |
|                                                                                                      |   |                          |        |       |   |                    |   |         |       |                |   |        |   |   |   |   |   |   |   |
| In-kind                  contribution of services                                                         |   |                          | -           |       |   | -                       |   |         | 4,500      |                |   | -           |   |   | - |   |   | 4,500 |   |
|                                                                                                      |   |                          |        |       |   |                    |   |         |       |                |   |        |   |   |   |   |   |   |   |
| Net                  loss for the nine months ended September 30, 2007                                    |   |                          | -           |       |   | -                       |   |         | -          |                |   | (22,886     | )      |   | - |   |   | (22,886 | ) |
|                                                                                                      |   |                          |        |       |   |                    |   |         |       |                |   |        |   |   |   |   |   |   |   |
| **Balance,                  September 30, 2007**                                                          |   |                          | **100,000** |       | **$**  | **100**                 |   | **$**        | **49,229** |                | **$**  | **(65,386** | **)**  | **$** | **(100** | **)** | **$** | **(16,157** | **)** |

----

**United        Nations Securities Association, Inc.**

**(A        Development Stage Company)**

**Condensed        Statement of Cash Flows**

**For        the Nine Months Ended September 30, 2007 and 2006 and**

**For        the Period from April 25, 2005 (inception) to September 30,        2007**

**(Unaudited)**

|                                                                                                          |   |                                                    |        |                                |   | **April                  25, 2005** |   |
|---------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------|-------------|-------------------------------------|--------|-------------------------------------|--------|
|                                                                                                          |   | **Nine Months Ended September 30,** |        | **(Inception)                  to** |   |
|                                                                                                          |   | **2007**                                                |        | **2006**                            |   | **September 30, 2007**    |   |
| **Cash                  Flows From Operating Activities:**                                                    |   |                                                    |        |                                |   |                                |   |
| Net                  Loss                                                                                     |   | $                                                       | (22,886     | )                                   | $      | (19,546                             | )      | $ | (65,386 | ) |
| Adjustments                  to reconcile net loss to net cash used in operations                             |   |                                                    |        |                                |   |                                |   |   |   |   |
| In-kind                  contribution                                                                         |   |                                                    | 11,889      |                                |   | 6,377                               |   |   | 49,229 |   |
| Changes                  in operating assets and liabilities:                                                 |   |                                                    |        |                                |   |                                |   |   |   |   |
| (Decrease)                  / Increase in accounts payable                                                    |   |                                                    | (573        | )                                   |   | 2,863                               |   |   | 775 |   |
| Increase                  in prepaid expenses                                                                 |   |                                                    | -           |                                |   | 10,306                              |   |   | - |   |
| **Net                  Cash Used In Operating Activities**                                                    |   |                                                    | **(11,570** | **)**                               |   | **-**                               |   |   | **(15,382** | **)** |
|                                                                                                          |   |                                                    |        |                                |   |                                |   |   |   |   |
| **Cash                  Flows From Financing Activities:**                                                    |   |                                                    |        |                                |   |                                |   |   |   |   |
| Proceeds                  from loan payable - related party                                                   |   |                                                    | 5,500       |                                |   | -                                   |   |   | 15,500 |   |
| **Net                  Cash Provided by Financing Activities**                                                |   |                                                    | **5,500**   |                                |   | **-**                               |   |   | **15,500** |   |
|                                                                                                          |   |                                                    |        |                                |   |                                |   |   |   |   |
| **Net                  Decrease in Cash**                                                                     |   |                                                    | **(6,070**  | **)**                               |   |                                |   |   | 118 |   |
|                                                                                                          |   |                                                    |        |                                |   |                                |   |   |   |   |
| Cash                  at Beginning of Period                                                                  |   |                                                    | 6,188       |                                |   | -                                   |   |   | - |   |
|                                                                                                          |   |                                                    |        |                                |   |                                |   |   |   |   |
| **Cash                  at End of Period**                                                                    |   | **$**                                                   | **118**     |                                | **$**  | **-**                               |   | **$** | **118** |   |
|                                                                                                          |   |                                                    |        |                                |   |                                |   |   |   |   |
| **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 |   |

----

**UNITED          NATIONS SECURITIES ASSOCIATION, INC.**
**(A          DEVELOPMENT STAGE COMPANY)**
**NOTES          TO THE CONDENSED FINANCIAL STATEMENTS**
**SEPTEMBER          30, 2007**
**(UNAUDITED)**

**NOTE            **
**1 BASIS            OF PRESENTATION AND ORGANIZATION**

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

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

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

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

----

**UNITED              NATIONS SECURITIES ASSOCIATION, INC.**
**(A              DEVELOPMENT STAGE COMPANY)**
**NOTES              TO THE CONDENSED FINANCIAL STATEMENTS**
**SEPTEMBER              30, 2007**
**(UNAUDITED)**

***(E)            Income Taxes***

***(F)            Business Segments***

***(G)            Revenue Recognition***

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

*Fair            Value Measurements*

*The            Fair Value Option for Financial Assets and Financial Liabilities - Including            an            Amendment of FASB Statement No. 115*
*Accounting            for Certain Investments in Debt and Equity Securities*
*Fair            Value Measurements”.*

----

**UNITED            NATIONS SECURITIES ASSOCIATION, INC.(A DEVELOPMENT STAGE            COMPANY)**
**NOTES TO THE CONDENSED FINANCIAL            STATEMENTS**
**SEPTEMBER 30,            2007**
**(UNAUDITED)**

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

**NOTE            **

**3**

**SHAREHOLDER’S            EQUITY**

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

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

----

**UNITED            NATIONS SECURITIES ASSOCIATION, INC.**(A            DEVELOPMENT STAGE COMPANY)****NOTES            TO THE CONDENSED FINANCIAL STATEMENTS****SEPTEMBER            30, 2007****(UNAUDITED)****

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

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

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

**NOTE            **

**6**

**GOING            CONCERN**

----

**UNITED            NATIONS SECURITIES ASSOCIATION, INC.(A            DEVELOPMENT STAGE COMPANY)**
**NOTES            TO THE CONDENSED FINANCIAL STATEMENTS**

**SEPTEMBER            30, 2007**

**(UNAUDITED)**

----

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

**Plan      of Operation**

**Results      of Operation**

**Liquidity      and Capital Resources**

----

**Recent      Accounting Pronouncements**

*Fair      Value Measurements*

----

*The      Fair Value Option for Financial Assets and Financial Liabilities - Including      an      Amendment of FASB Statement No. 115*
*Accounting      for Certain Investments in Debt and Equity Securities*
*Fair      Value Measurements”.*

**Critical      Accounting Policies**

**Off      Balance Sheet Arrangements**

| **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 |
|--|-----|--------------------------------------------------|

|  | (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. |

----

**SIGNATURES**

| By:                                                           | /s/Lord                Dr. Masaaki Ikawa |
|---------------------------------------------------------------|------------------------------------------|
| Lord Dr. Masaaki Ikawa                         |
| President, Chief Executive Officer             |
| Principal Financial Officer and Secretary |

----