**UNITED      STATES SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON,      D.C. 20549**

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**FORM      10-QSB**

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

**For      the quarterly period ended September 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**

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**UNITED      NATIONS SECURITIES ASSOCIATION, INC. **

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

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| **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) |

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**TABLE      OF CONTENTS**

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

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**PART      I - FINANCIAL INFORMATION**

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

**UNITED      NATIONS SECURITIES ASSOCIATION, INC.**

**(A      DEVELOPMENT STAGE COMPANY)**

**CONTENTS**

| PAGE   | F-2                      | BALANCE                SHEET AS OF SEPTEMBER 30, 2006 (UNAUDITED)                                                                                                                                                                                                                                                                                                                                           |
|--------|--------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                     |                                                                                                                                                                                                                                                                                                                                                                                                        |
| PAGE   | F-3                      | STATEMENT                  OF OPERATIONS FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30,                  2006 AND                  FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2005 AND THE PERIOD FROM                  APRIL                  25, 2005 TO SEPTEMBER 30, 2005 AND FOR THE PERIOD FROM APRIL 25, 2005                  (INCEPTION) TO SEPTEMBER 30, 2006.                  (UNAUDITED) |
|   |                     |                                                                                                                                                                                                                                                                                                                                                                                                        |
| PAGE   | F-4                      | STATEMENT                OF CHANGES IN STOCKHOLDERS’ EQUITY (DEFICIENCY) FOR THE PERIOD FROM                APRIL 25, 2005 (INCEPTION) TO SEPTEMBER 30, 2006.                (UNAUDITED)                                                                                                                                                                                                         |
|   |                     |                                                                                                                                                                                                                                                                                                                                                                                                        |
| PAGE   | F-5                      | STATEMENT                OF CASH FLOWS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2006                AND THE PERIOD FROM APRIL 25, 2005 (INCEPTION) TO                SEPTEMBER 30, 2005 AND FOR THE PERIOD FROM APRIL 25, 2005 (INCEPTION)                TO SEPTEMBER 30, 2006 (UNAUDITED).                                                                                        |
|   |                     |                                                                                                                                                                                                                                                                                                                                                                                                        |
| PAGES  | F-6                - F-9 | NOTES                TO FINANCIAL STATEMENTS (UNAUDITED)                                                                                                                                                                                                                                                                                                                                                    |

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**UNITED      NATIONS SECURITIES ASSOCIATION, INC.**

**(A      DEVELOPMENT STAGE COMPANY)**

**CONDENSED      BALANCE SHEET**

**SEPTEMBER      30, 2006**

**(UNAUDITED)**

| **ASSETS**                                                                                                                                 |
|--------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                       |   |   |   |   |
|                                                                                                                                       |   |   |   |   |
| **TOTAL                ASSETS**                                                                                                            |   | $ | - |   |
|                                                                                                                                       |   |   |   |   |
| **LIABILITIES                AND STOCKHOLDERS’ DEFICIENCY**                                                                          |
|                                                                                                                                       |   |   |   |   |
| **CURRENT                LIABILITIES**                                                                                                     |   |   |   |   |
| Accounts                payable                                                                                                            |   | $ | 2,863 |   |
|                                                                                                                                       |   |   |   |   |
| **TOTAL                LIABILITIES**                                                                                                       |   |   | 2,863 |   |
|                                                                                                                                       |   |   |   |   |
| **COMMITMENTS                AND CONTINGENCIES**                                                                                           |   |   |   |   |
|                                                                                                                                       |   |   |   |   |
| **STOCKHOLDERS’                DEFICIENCY**                                                                                          |   |   |   |   |
| 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                                                                                                  |   |   | 28,877 |   |
| Subscription                receivable                                                                                                     |   |   | (100 | ) |
| Accumulated                deficit during development stage                                                                                |   |   | (31,740 | ) |
| Total                Stockholders’ Deficiency                                                                                        |   |   | (2,863 | ) |
|                                                                                                                                       |   |   |   |   |
| **TOTAL                LIABILITIES AND STOCKHOLDERS’ DEFICIENCY**                                                                    |   | $ | - |   |

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**UNITED      NATIONS SECURITIES ASSOCIATION, INC.**

**(A      DEVELOPMENT STAGE COMPANY)**

**CONDENSED      STATEMENTS OF OPERATIONS**

**(UNAUDITED)**

|                                                                                                              |   | For                the Three Months Ended September 30, 2006 |    | For                the Three Months Ended September 30, 2005 |   | For                the Nine Months Ended September 30, 2006 |   | For                the Period From April                25, 2005to September                30, 2005 |    | For                the Period from April 25, 2005 (Inception) to September 30,                2006 |   |
|-------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------|---------|--------------------------------------------------------------|--------|-------------------------------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------|---------|----------------------------------------------------------------------------------------------------|--------|
|                                                                                                              |   |                                                         |    |                                                         |   |                                                        |   |                                                                                                                     |    |                                                                                               |   |
| **OPERATING                EXPENSES**                                                                             |   |                                                         |    |                                                         |   |                                                        |   |                                                                                                                     |    |                                                                                               |   |   |   |   |   |   |
| Professional                fees                                                                                  |   | $                                                            | 3,955   |                                                         | $      | 10,000                                                      |   | $                                                                                                                        | 13,163  |                                                                                               |   | 10,000 |   |   | 23,163 |   |
| General                and administrative                                                                         |   |                                                         | 3,341   |                                                         |   | -                                                           |   |                                                                                                                     | 6,383   |                                                                                               |   | 870 |   |   | 8,577 |   |
| Total                Operating Expenses                                                                           |   |                                                         | 7,296   |                                                         |   | 10,000                                                      |   |                                                                                                                     | 19,546  |                                                                                               |   | 10,870 |   |   | 31,740 |   |
|                                                                                                              |   |                                                         |    |                                                         |   |                                                        |   |                                                                                                                     |    |                                                                                               |   |   |   |   |   |   |
| **LOSS                FROM OPERATIONS**                                                                           |   |                                                         | (7,296  | )                                                            |   | (10,000                                                     | )      |                                                                                                                     | (19,546 | )                                                                                                  |   | (10,870 | ) |   | (31,740 | ) |
|                                                                                                              |   |                                                         |    |                                                         |   |                                                        |   |                                                                                                                     |    |                                                                                               |   |   |   |   |   |   |
| Provision                for Income Taxes                                                                         |   |                                                         | -       |                                                         |   | -                                                           |   |                                                                                                                     | -       |                                                                                               |   | - |   |   | - |   |
|                                                                                                              |   |                                                         |    |                                                         |   |                                                        |   |                                                                                                                     |    |                                                                                               |   |   |   |   |   |   |
| **NET                LOSS**                                                                                       |   | $                                                            | (7,296  | )                                                            | $      | (10,000                                                     | )      | $                                                                                                                        | (19,546 | )                                                                                                  | $      | (10,870 | ) | $ | (31,740 | ) |
|                                                                                                              |   |                                                         |    |                                                         |   |                                                        |   |                                                                                                                     |    |                                                                                               |   |   |   |   |   |   |
| Net                loss per share - basic and diluted                                                             |   | $                                                            | (0.07   | )                                                            | $      | (0.10                                                       | )      | $                                                                                                                        | (0.20   | )                                                                                                  |   | (0.11 | ) |   | (0.32 | ) |
|                                                                                                              |   |                                                         |    |                                                         |   |                                                        |   |                                                                                                                     |    |                                                                                               |   |   |   |   |   |   |
| Weighted                average number of shares outstanding during the period - basic and                diluted |   |                                                         | 100,000 |                                                         |   | 100,000                                                     |   |                                                                                                                     | 100,000 |                                                                                               |   | 100,000 |   |   | 100,000 |   |

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**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,      2006**

**(UNAUDITED)**

|                                                                                                       |   | Preferred                Stock |   | Common                Stock |   | Additional                Paid-In |   | Accumulated                Deficit During Development |    | Subscription |   |   |   |
|------------------------------------------------------------------------------------------------------------|--------|--------------------------------|--------|-----------------------------|--------|-----------------------------------|--------|-------------------------------------------------------|---------|--------------|--------|--------|--------|
|                                                                                                       |   | Shares                         |   | Amount                      |   | Shares                            |   | Amount                                                |    | Capital      |   | Stage  |   | Receivable |   | Total |   |
|                                                                                                       |   |                           |   |                        |   |                              |   |                                                  |    |         |   |   |   |   |   |   |   |
| Balance,                April 25, 2005                                                                     |   |                           | -      |                        | $      | -                                 |   |                                                  | -       |         | $      | -      |   | $ | - |   | $ | - |   | $ | - |   | $ | - |   |
|                                                                                                       |   |                           |   |                        |   |                              |   |                                                  |    |         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common                stock issued to founder for services ($0.001 per share)                              |   |                           | -      |                        |   | -                                 |   |                                                  | 100,000 |         |   | 100    |   |   | - |   |   | - |   |   | (100 | ) |   | - |   |
|                                                                                                       |   |                           |   |                        |   |                              |   |                                                  |    |         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| In-kind                contribution                                                                        |   |                           | -      |                        |   | -                                 |   |                                                  | -       |         |   | -      |   |   | 22,500 |   |   | - |   |   | - |   |   | 22,500 |   |
|                                                                                                       |   |                           |   |                        |   |                              |   |                                                  |    |         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                loss for the period from April 25, 2005 (inception) to December 31,                2005 |   |                           | -      |                        |   | -                                 |   |                                                  | -       |         |   | -      |   |   | - |   |   | (12,194 | ) |   | - |   |   | (12,194 | ) |
|                                                                                                       |   |                           |   |                        |   |                              |   |                                                  |    |         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance,                December 31, 2005                                                                  |   |                           | -      |                        |   | -                                 |   |                                                  | 100,000 |         |   | 100    |   |   | 22,500 |   |   | (12,194 | ) |   | (100 | ) |   | 10,306 |   |
|                                                                                                       |   |                           |   |                        |   |                              |   |                                                  |    |         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| In-kind                contribution                                                                        |   |                           | -      |                        |   | -                                 |   |                                                  | -       |         |   | -      |   |   | 6,377 |   |   | - |   |   | - |   |   | 6,377 |   |
|                                                                                                       |   |                           |   |                        |   |                              |   |                                                  |    |         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                loss for the nine months ended September 30, 2006                                  |   |                           | -      |                        |   | -                                 |   |                                                  | -       |         |   | -      |   |   | - |   |   | (19,546 | ) |   | - |   |   | (19,546 | ) |
|                                                                                                       |   |                           |   |                        |   |                              |   |                                                  |    |         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **BALANCE,                SEPTEMBER 30, 2006**                                                             |   |                           | -      |                        | $      | -                                 |   |                                                  | 100,000 |         | $      | 100    |   | $ | 28,877 |   | $ | (31,740 | ) | $ | (100 | ) | $ | (2,863 | ) |

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**UNITED      NATIONS SECURITIES ASSOCIATION, INC.**

**(A      DEVELOPMENT STAGE COMPANY)**

**CONDENSED      STATEMENTS OF CASH FLOWS**

**(UNAUDITED)**

|                                                                                                      |   | For                the Nine Months Ended September 30, 2006 |    | For                the PeriodApril                25, 2005to September                30, 2005 |   | For                thePeriod                fromApril                25, 2005(Inception)                toSeptember                30, 2006 |   |
|-----------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------|---------|----------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                      |   |                                                        |    |                                                                                                     |   |                                                                                                                                        |   |
| **CASH                FLOWS FROM OPERATING ACTIVITIES:**                                                  |   |                                                        |    |                                                                                                     |   |                                                                                                                                        |   |   |   |   |
| Net                loss                                                                                   |   | $                                                           | (19,546 | )                                                                                                        | $      | (10,870                                                                                                                                     | )      | $ | (31,740 | ) |
| Adjustments                to reconcile net loss to net cash used in operating                activities: |   |                                                        |    |                                                                                                     |   |                                                                                                                                        |   |   |   |   |
| In-kind                contribution                                                                       |   |                                                        | 6,377   |                                                                                                     |   | 15,870                                                                                                                                      |   |   | 28,877 |   |
| Changes                in operating assets and liabilities:                                               |   |                                                        |    |                                                                                                     |   |                                                                                                                                        |   |   |   |   |
| Increase                in accounts payable                                                               |   |                                                        | 2,863   |                                                                                                     |   | -                                                                                                                                           |   |   | 2,863 |   |
| Increase                (decrease) in prepaid expenses                                                    |   |                                                        | 10,306  |                                                                                                     |   | (5,000                                                                                                                                      | )      |   | - |   |
| 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**

**SEPTEMBER      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**

**SEPTEMBER      30, 2006**

***(E)      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 FINANCIAL STATEMENTS**

**SEPTEMBER      30, 2006**

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

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

**NOTE      3**

**RELATED      PARTY TRANSACTIONS**

**NOTE      4**

**GOING      CONCERN**

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**UNITED      NATIONS SECURITIES ASSOCIATION, INC.**

**(A      DEVELOPMENT STAGE COMPANY)**

**NOTES      TO FINANCIAL STATEMENTS**

**SEPTEMBER      30, 2006**

**NOTE      5**

**SUBSEQUENT      EVENT**

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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**

|                                                                                                                                                                                |   |   |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|
| By: /s/              *Lord              Dr. Masaaki Ikawa*                                                                                                                     |   |   |        |
| Lord                Dr. Masaaki IkawaPresident,                Chief Executive OfficerPrincipal                Financial Officer andSecretary November                17, 2006 |   |   |        |

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