# EDGAR Filing Document

**Accession Number:** 0000760298
**File Stem:** 0000760298-23-000002
**Filing Date:** 2023-3
**Character Count:** 58600
**Document Hash:** a340167c66bbe5e7388ed388ea60620e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000760298-23-000002.hdr.sgml**: 20230321

**ACCESSION NUMBER**: 0000760298-23-000002

**CONFORMED SUBMISSION TYPE**: X-17A-5

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230321

**DATE AS OF CHANGE**: 20230321

**EFFECTIVENESS DATE**: 20230321

**PERIOD START**: 20220101

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BOLTON GLOBAL CAPITAL
- **CENTRAL INDEX KEY:** 0000760298
- **IRS NUMBER:** 042848146
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** X-17A-5
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 008-33222
- **FILM NUMBER:** 23748254

**BUSINESS ADDRESS:**
- **STREET 1:** 579 MAIN STREET
- **CITY:** BOLTON
- **STATE:** MA
- **ZIP:** 01740
- **BUSINESS PHONE:** 978 779-5361

**MAIL ADDRESS:**
- **STREET 1:** 579 MAIN STREET
- **CITY:** BOLTON
- **STATE:** MA
- **ZIP:** 01740

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DELTA EQUITY SERVICES CORPORATION
- **DATE OF NAME CHANGE:** 20020305

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DELTA EQUITY SERVICES CORP
- **DATE OF NAME CHANGE:** 20020305

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DELTA EQUITY SERVICES CORPORATION                       /BD
- **DATE OF NAME CHANGE:** 19931007

## Full

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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

Board of Directors
Bolton Global Capital, Inc.

Opinion on the Financial Statements

We have audited the accompanying statement of financial
condition of Bolton Global Capital, Inc. (the "Company") as of
December 31, 2022, and the related statements of operations,
changes in stockholder's equity and cash flows for the year then
ended, and the related notes (collectively referred to as the
"financial statements"). In our opinion, the financial
statements present fairly, in all material respects, the
financial position of Bolton Global Capital, Inc. as of December
31, 2022, and the results of its operations and its cash flows
for the year then ended in conformity with accounting principles
generally accepted in the United States of America.

Basis for Opinion

These financial statements are the responsibility of the Companys
management. Our responsibility is to express an opinion on the
Companys financial statements based on our audit. We are a
public accounting firm registered with the Public Company
Accounting Oversight Board (United States) (PCAOB) and are
required to be independent with respect to the Company in
accordance with the U.S. federal securities laws and the
applicable rules and regulations of the Securities and Exchange
Commission and the PCAOB.

We conducted our audit in accordance with the
standards of the PCAOB. Those standards require that
we plan and perform the audit to obtain reasonable
assurance  about  whether  the  financial  statements
are  free of  material misstatement, whether due to
error or fraud.   Our audit included performing
procedures to assess the risks of material
misstatement of the financial statements, whether due
to error or fraud, and performing procedures that
respond to those risks. Such procedures included
examining, on a test basis, evidence regarding the
amounts and disclosures in the financial statements.
Our audit also included evaluating the accounting
principles used and significant estimates made by
management, as well as evaluating the overall
presentation of the financial statements. We believe
that our audit provides a reasonable basis for our
opinion.

Auditors Report on Supplemental Information

The information in Schedule I (the "supplemental
information") has been subjected to audit procedures
performed in conjunction with the audit of the
Companys financial statements. The supplemental
information is the responsibility of the Companys
management. Our audit procedures included determining
whether the supplemental information reconciles to the
financial statements or the underlying accounting and
other records, as applicable, and performing procedures
to test the completeness and accuracy of the
information presented in the supplemental information.
In forming our opinion on the supplemental
information, we evaluated whether the supplemental
information, including its form and content, is
presented in conformity with 17 C.F.R. 240.17a-5. In
our opinion, the supplemental information in Schedule
I   is fairly stated, in all material respects, in
relation to the financial statements as a whole.

We have served as Bolton Global Capital, Inc. auditor
since 2014.

Frankfort, Illinois
March 7, 2023

Phone:708.489.1680
Fax:847.750.0490 I
dscpagroup.com
20646 Abbey Woods Ct N,
Suite 201 I Frankfort,
IL 60423

STATEMENT OF FINANCIAL CONDITION
DECEMBER 31, 2022
ASSETS

CURRENT ASSETS:

Cash and cash equivalents			$12,399,103
Receivable from clearing broker			472,252
Receivable from others				253,571
Prepaid expenses				259,740
Deposits					48,967
Total Current Assets                            $13,433,633

NON-CURRENT ASSETS:
Equipment and leasehold improvements(net of accumulated
depreciation and amortization of $631,834)                820,655
Right-of-use assets (net of accumulated amortization
of $1,982,624)                                  	13,960,295
Deposits						141,455
Cash-clearing deposit					252,647
Total Non-current Assets				$15,175,052
TOTAL ASSETS						$28,608,685

LIABILITIES AND STOCKHOLDERS EQUITY

CURRENT LIABILITIES:
Accounts payable and accrued expenses             	$444,939
Accounts payable-related party                     	1,592,861
Commissions payable registered representatives     	2,191,196
Securities sold, not yet purchased                      2,499
Accrued income tax                                      8,215
Deferred revenue                                        352,014
Lease liabilities                                     	1,833,445
Total Current Liabilities                       	$6,425,169

NON-CURRENT LIABILITIES:
Deferred revenue                                   	$354,123
Lease liabilities					13,185,271
Total non-current liabilities				$13,539,394
Total Liabilities					$19,964,563

STOCKHOLDERS EQUITY
Common stock, no par value; authorized
1,250 shares; issued and outstanding
1,046 shares                                     	$4,820
Retained earnings                                     	8,639,302

Total Stockholders Equity                      		$8,644,122

TOTAL LIABILITIES AND STOCKHOLDER?S EQUITY     		$28,608,685
The accompanying notes are an integral part of these financial statements.

STATEMENT OF OPERATIONS

YEAR ENDED DECEMBER 31, 2022

REVENUE
Commissions                                      	$49,923,801
Administrative fee income                           	3,242,972
Other income                                        	5,117,702
Interest income                                    	2,382,369

Total Revenue                            		$60,666,844

EXPENSES
Commissions and clearing costs                   $40,562,466
Commissions related party                            87,556
Other operating expenses                            2,694,568
Other operating expenses related party            8,593,552
Communications                                        139,226
Occupancy                                           1,222,015
Utilities, maintenance, and equipment rental           57,600
Depreciation                                          277,213
Interest                                               5,439

Total Expenses					$  53,639,635

Income Before Income Tax Provision		$   7,027,209

Income Tax Expense				$      22,726

NET INCOME					$   7,004,483

The accompanying notes are an integral part of these
financial statements.

STATEMENT OF CHANGES IN STOCKHOLDERS EQUITY

YEAR ENDED DECEMBER 31, 2022

Common Stock 		Retained Earnings 	Total Stockholders Equity

Balance-
Beginning
of Year

$   4,820		$7,634,819		$7,639,639

Distributions		(6,000,000)		(6,000,000)

Net Income		7,004,483		7,004,483

BALANCE-END
OF YEAR
$   4,820		$8,639,302		$8,644,122

The accompanying notes are an integral part of these
financial statements.

STATEMENT OF CASH FLOWS

YEAR ENDED DECEMBER 31, 2022

Cash Flows from Operating Activities
Net Income                                    		$7,004,483
Depreciation and amortization                     	277,213
Right-of-use assets amortization                 	1,982,624
Adjustments:
Increase in receivable from clearing broker     	(401,215)
Decrease in receivable related party             	105,115
Increase in receivable from others             		(136,682)
Decrease in prepaid expenses                    	60,406
Increase in cash clearing deposit             		(135,082)
Decrease in deposits                              	52,414
Increase in accounts payable and accrued
expenses                                      		163,787
Increase in accounts payable related party     		479,990
Decrease in commissions payable
registered representatives				(606,655)
Increase in securities sold, not yet purchased		2,499
Increase in deferred revenue				159,727
Increase in accrued income tax				8,215
Decrease in commissions payable related party		(1,188)
Decrease in lease liabilities				(1,606,046)

Net Cash Flow Provided by Operating Activities		$7,409,605
Net Cash Flow Used by Investing Activities
Purchase of fixed assets				$(149,208)

Cash Flows Used by Financing Activities
Distributions                                 		$(6,000,000)

Net Increase in Cash and Cash Equivalents         	$1,260,397

Cash and Cash Equivalents Balance
at December 31, 2021                             	$11,138,706

Cash and Cash Equivalents Balance
at December 31, 2022                             	$12,399,103

Supplemental Information:
Interest paid						$5,439
Taxes paid						$22,726

The accompanying notes are an integral part of these
financial statements.

NOTE 1 - ORGANIZATION AND SIGNIFICANT ACCOUNTING
POLICIES

Organization - Bolton Global Capital, Inc. (the
Company) is located in Bolton, Massachusetts. The
Company is a full-service registered broker-dealer in
securities, and conducts business on a fully-disclosed
basis over a network of independent financial advisors
across the United States of America. The Company
offers services in stocks, bonds, options, mutual
funds, variable annuities, and other securities to its
investment clients. The Company is registered with the
Securities and Exchange Commission (SEC) and is a
member of the Financial Industry Regulatory Authority
(FINRA), and the Securities Investors Protection
Corporation (SIPC).

Basis of Presentation?The accompanying financial
statements are presented in conformity with accounting
principles generally accepted in the United States of
America (GAAP).

Recognition of Revenue The Company follows the revenue
recognition guidance that requires an entity to follow
a five-step model to (a) identify the contract(s) with
a customer, (b) identify the performance obligations
in the contract, (c) determine the transaction price,
(d) allocate the transaction price to the performance
obligations in the contract, and (e) recognize revenue
when (or as) the entity satisfies the performance
obligation.

Revenues are recognized in accordance with the
accounting guidance when persuasive evidence of an
arrangement exists, the performance obligation has
been met, the fee is fixed or determinable, and
collection is reasonably assured.

Significant Judgments-The recognition and measurement
of revenue is based on the assessment of individual
contract terms. Significant judgment is required to
determine whether performance obligations are
satisfied at a point in time or over time; how to
allocate transaction prices where multiple performance
obligations are identified; when to recognize revenue
based on the appropriate measure of the Company?s
progress under the contract; and whether constraints
on variable consideration should be applied due to
uncertain future events.

Interest income-The Company earns interest  income
from cash equivalents.  This revenue is not in scope
for Topic  606 as it is not generated  from
contracts  with customers.

NOTE 1 - ORGANIZATION AND SIGNIFICANT ACCOUNTING
POLICIES  (Continued)

Commissions-The Company generates two types of
commission revenue: sales-based commission revenue
that is recognized on the settlement date, an industry
standard, and trailing commission revenue that is
recognized over time as earned. Sales-based commission
revenue varies by investment product and is based on a
percentage of an investment product's current market
value at the time of purchase. Trailing commission
revenue is generally based on a percentage of the
current market value of clients investment holdings in
trail-eligible assets, and is recognized over the
period during which services, such as on-going support,
are performed. As trailing commission revenue is based
on the market value of clients' investment holdings,
this variable consideration is constrained until the
market value is determinable.

Administrative fee revenues Administrative fee income
primarily consist of portfolio service fees that are
derived from accounts that charge an annual
administrative fee based on net asset value (generally
billed quarterly in advance based on prior quarter
asset values and recognized over the quarterly period).

Receivables-The Company reviews the receivables for
collectability on a regular basis. The allowance for
doubtful accounts reflects management?s best estimate
of probable losses determined principally on the basis
of historical experience.  The allowance for doubtful
accounts was $0 at December 31, 2022.

Estimates - The preparation of financial statements in
conformity with GAAP requires management to make
estimates and assumptions that affect the reported
amounts of assets and liabilities and disclosure of
contingent assets and liabilities at the date of the
financial statements and the reported amounts of
revenues and expenses during the reporting period.
Actual results could differ from those estimates.

Concentrations of Credit Risk - The Company is engaged
in various brokerage activities in which the
counterparties primarily include broker/dealers,
banks, other financial institutions and the Companys
own customers.  In the event the counterparties do not
fulfill their obligations, the Company may be exposed
to risk. The risk of default depends on the
creditworthiness of  the counterparty  or issuer  of
the instrument.    It is the Companys policy to
review, as necessary, the credit standing of each
counterparty.

In addition, most of the Companys cash is on deposit
at three financial institutions and the balance at
times may exceed the federally insured limit.  The
Company believes it is not exposed to any significant
credit risk to cash.

NOTE 1 - ORGANIZATION AND SIGNIFICANT ACCOUNTING
POLICIES -(Continued)

Cash Equivalents - For purposes of the Statement of
Cash Flows, the Company has defined cash equivalents
as highly liquid investments, with original maturities
of less than three months that are not held for sale
in the ordinary course of business.

Leases - The Company recognizes and measures its leases
in accordance with FASB ASC
842, Leases. The Company is a lessee in several
noncancellable operating leases, for office space,
software, and subscription related services. The
Company determines if an arrangement is a lease, or
contains a lease, at inception of a contract and when
the terms of an existing contract are changed. The
Company recognizes a lease liability and a right of use
(ROU) asset at the commencement date of the lease. The
lease liability is initially and subsequently
recognized based on the present value of its future
lease payments. Variable  payments  are  included  in
the future lease  payments  when  those  variable
payments depend on an index or a rate. The discount
rate is the implicit rate if it is readily determinable
or otherwise the Company uses its incremental borrowing
rate. The implicit rates of our leases are not readily
determinable and accordingly, we use our incremental
borrowing rate (4.5% to 6%) based on the information
available at the commencement date for all leases. The
Company?s incremental borrowing rate for a lease is
the rate of interest it would have to pay on a
collateralized basis to borrow an amount equal to the
lease payments under similar terms and in a similar
economic environment. The ROU asset is subsequently
measured throughout the lease term at the amount of the
remeasured lease liability (i.e., present value of the
remaining lease payments), plus unamortized initial
direct costs, plus (minus) any prepaid (accrued) lease
payments, less the unamortized balance of lease
incentives received, and any impairment recognized.
Lease cost for lease payments is recognized on a
straight-line basis over the lease term.

The Company adopted the practical expedient and made
an accounting policy election allowing lessees to not
recognize ROU assets and liabilities for leases with a
term of 12 months or less.   Disclosures related to
the amount, timing and uncertainty of cash flows
arising from leases are included in Note 6.

Depreciation and Amortization- Depreciation of
equipment and amortization of leasehold improvements
is computed using the straight-line method over the
estimated useful life of the asset, three years, or
the term of the lease for leasehold improvements.

Securities Owned and Sold, Not Yet Purchased
Securities are recorded at fair value in accordance
with FASB ASC 820, Fair Value Measurements and
Disclosures.

NOTE 2 - FAIR VALUE MEASUREMENT

FASB ASC 820 defines fair value, creates a framework
for measuring fair value, and establishes a fair value
hierarchy which prioritizes the inputs to valuation
techniques. Fair value is the price that would be
received to sell an asset or paid to transfer a
liability in an orderly transaction between market
participants at the measurement date. A fair value
measurement assumes that the transaction to sell the
asset or transfer the liability occurs in the
principal market for the asset or liability or, in the
absence of a principal market, the most advantageous
market.  Valuation techniques that are consistent with
the market, income or cost approach, as specified by
FASB ASC 820, are used to measure fair value.

The fair value hierarchy prioritizes the inputs to
valuation techniques used to measure fair value into
three broad levels:

Level 1 inputs are quoted prices (unadjusted) in active
markets for identical assets or liabilities the Company
has the ability to access.

Level 2 inputs are inputs (other than quoted prices
included within level 1) that are observable for the
asset or liability, either directly or indirectly.

Level 3 inputs are unobservable inputs for the asset
or liability and rely on management?s own assumptions
about the assumptions that market participants would
use in pricing the asset or liability.

Level 1 inputs have been used to value mutual funds.
These securities consist of the following:

                		      		 Securities Sold,
			Securities Owned  	Not Yet Purchased

Mutual Funds          	$       -0-  		$    2,499

Total     		$       -0-  		$    2,499

No valuation techniques have been applied to all other
assets and liabilities included in the statement of
financial condition. Due to the nature of these items,
all have been recorded at their historical values.

NOTE 3 - NET CAPITAL REQUIREMENTS

As a registered broker/dealer and member of FINRA, the
Company is subject to the SEC Uniform Net Capital Rule
(rule 15c3-1), which requires the maintenance of
minimum net capital and requires that the ratio of
aggregate indebtedness to net capital, both as
defined, shall not exceed 1500%. At December 31, 2022,
the Companys net capital and required net capital were
$6,676,671 and $400,118, respectively.  The ratio of
aggregate indebtedness to net capital was 90%.

NOTE 4 - INCOME TAXES

The Company has elected S Corporation status for
income tax purposes.  Income taxes are therefore the
responsibility of the individual stockholders of the
Company. However, state corporate income taxes are
required of Massachusetts and New York. The income tax
expense consists of these corporate state income
taxes.

The Company accounts for any potential interest or
penalties related to possible future liabilities for
unrecognized income tax benefits as other expense. The
Company is longer subject to examination by tax
authorities for federal, state or local income taxes
for periods before 2019.

NOTE 5 - RELATED PARTIES

The Company pays monthly management fees to Bolton
Capital Group, Inc. (BCG), a related corporation
wholly owned by the sole stockholder of the Company,
under a management contract.  The fees provide
compensation for supervisory responsibilities, and for
any operational and overhead expenses incurred.  These
fees, in addition to the expenses incurred by BCG, in
connection with the Companys broker-dealer business,
shall include 100% of the Company?s first $100,000 in
pre-tax profit, 50% of the next pre-tax profits below
$400,000, and 25% of any pre-tax profit over $400,000.
During 2022, supervisory and overhead costs incurred under
this arrangement totaled $8,593,552 of which $1,586,760
was payable at December 31, 2022.

The Company receives fee-based revenue and pays the
related commission expense. The Company records a book
entry to reflect this revenue and expense on Bolton
Securities Corporation (BSC), a related dually
registered broker-dealer and investment advisor
indirectly owned by the sole stockholder of the
Company. As of December 31, 2022, the Company owed
$6,101 to BSC.

The Company incurred $87,556 in commission expenses
during 2022 to its sole stockholder, of which nothing
was payable at December 31, 2022.

NOTE 5 - RELATED PARTIES  (Continued)

The Company currently leases office space used as its
main headquarters, and certain other property, located
in Bolton, MA, as a tenant-at-will from an entity in
which its sole shareholder has a beneficial interest.
BCG rents this office on behalf of the Company. The
Company incurred this expense as part of the management
fees noted above.

The Company subleases office space to Bolton
Securities Corporation for a monthly fee of $40,000.
The agreement shall renew automatically on an annual
basis unless terminated by mutual agreement by both
parties. For the year ended December 31, 2022, the
Company received $480,000 for this sublease, which is
included in occupancy on the statement of operations.

NOTE 6 LEASE COMMITMENTS

The Company has obligations as a lessee for office
space, software, and subscription related services
with initial noncancelable terms in excess of one
year. The Company classified these leases as operating
leases. These leases generally contain renewal
options. The Company is not reasonably certain to
exercise these renewal options, the optional periods
are not included in determining the lease term, and
associated payments under these renewal options are
excluded from lease payments. The Companys leases do
not include termination options for either party to
the lease or restrictive financial or other covenants.
Payments due under the lease contracts include fixed
payments. The Companys office space leases require it
to make variable payments for the Companys
proportionate share of the buildings property taxes,
insurance, and common area maintenance. These variable
lease payments are not included in lease payments used
to determine lease liability and are recognized as
variable costs when incurred.

The Company has an agreement to lease office space in
Miami, Florida, used by certain affiliated independent
registered representatives. The lease expires in
November 2030 and includes an annual rent increase of
3%.

The Company has an agreement to lease office space in
Sunrise, Florida.   The lease expires in October 2027
and includes an annual rent increase of 3%.

NOTE 6 LEASE COMMITMENTS  (Continued)

The Company entered into agreements for various
software subscription and equipment related services.
These agreements expire on various dates through
February 2027.

The components of lease cost for the year ended
December 31, 2022 are as follows:

Operating lease cost		$1,779,951
Variable lease cost		134,071
Total lease cost		1,914,022
Less: sublease income		(480,000)
Net lease cost			$1,434,022

Other information related to leases at December 31, 2022:

Supplemental cash flow information:
Cash paid for amounts included in the measurement of lease
liabilities: Operating cash flow from operating leases $976,658

ROU assets obtained in exchange for lease obligations:
Operating leases $1,047,531

Reductions to ROU assets resulting from reductions to lease
obligations: Operating leases $(1,982,624)

Weighted average remaining lease term for operating
leases is 3.9 years.

Amounts disclosed for ROU assets obtained in
exchange for lease obligations and reductions to ROU
assets resulting from reductions to lease obligations
include amounts added to or reduced from the carrying
amount of ROU assets resulting from new leases, lease
modifications or reassessments.

NOTE 6 LEASE COMMITMENTS(Continued)

Maturities of lease liabilities under noncancellable
operating leases as of December 31, 2022 are as follows:

Year Ending December 31,

2023				$2,008,449
2024				1,878,053
2025				1,867,198
2026				1,911,370
2027				1,954,238
Thereafter			5,843,906
Total undiscounted payments	15,463,214
Less: Imputed interest		(444,498)
Total Lease Liability		$15,018,716

NOTE 7 - OFF-BALANCE SHEET RISK AND CLEARING AGREEMENTS

In order to facilitate securities transactions, the
Company has agreements with a broker/dealer (Clearing
Broker/dealer) whereby the Company forwards
(introduces) customer securities transactions to the
Clearing Broker/dealer, fully disclosing the customer
name and other information.  The processing and, if
applicable, any financing pertaining to the introduced
transactions are performed by the Clearing
Broker/dealer. The customers accounts are therefore
maintained and recorded in the books and records of
the Clearing Broker/dealer on the Companys behalf.

The Company has an agreement that they are required to
maintain a $250,000 deposit in another firm account
with the Clearing broker/dealer. This amount is
included in cash- clearing deposit, on the statement
of financial condition.   Termination fees will be
imposed if the Company terminates without cause or
under other circumstances in the first five years of
the agreement.

The Company is contingently liable to indemnify
Pershing, LLC for any failure by customers to maintain
an adequate margin, to deliver securities sold, to pay
for securities purchased, or for any other breach of
obligation by customers.

NOTE 8 BUSINESS CONCENTRATIONS

The Company had approximately 80 registered
investment advisor affiliations during
2022.  One of those advisors was responsible for
approximately 11% of the Companys commissions and
administrative fee revenue volume during the year
ending December 31, 2022.

NOTE 9  EQUIPMENT AND LEASEHOLD IMPROVEMENTS

Equipment and leasehold improvements at December 31, 2022 consists of:

Furniture and office equipment				$749,239
Leasehold improvements				      	703,250
Total							1,452,489
Less: accumulated depreciation and
and amortization					631,834
Net							$820,655

NOTE 10 CONTINGENCIES

During 2022, the Company was involved in various
claims and lawsuits, arising in the normal course of
business.  Management believes that any financial
responsibilities that may be incurred in the ultimate
resolution of these matters will not have a material
adverse effect on the Companys financial position or
results of operations.

NOTE 11 REVENUE FROM CONTRACTS WITH CUSTOMERS
Disaggregation of Revenue:
The following table presents revenue by major source:

Commission Income:
Equity Securities Transactions Sales-based			$9,000,391
Options Transactions Sales-based				1,182,227
Sale of Investment Company Shares Sales-based and Trailing	26,947,107
Other Securities Commissions:
Fixed Income Sales-based					12,305,520
Variable Annuities Sales-based and Trailing			488,556

Total Commissions                                          	$49,923,801

NOTE 12 - SUBSEQUENT EVENTS

The  Company  has  evaluated  subsequent  events  for
potential  recognition  and/or disclosure through the
date the financial statements were issued, noting none.

SUPPLEMENTAL INFORMATION

NOTE:  The Company is exempt from the provisions of
SEC Rule 15c3-3 under the Securities Exchange Act of
1934 as the Companys activities are limited to those
set forth in the conditions for exemption appearing in
paragraph (k)(2)(ii) of Rule 15c3-3 and those
contemplated by Footnote 74 of the SEC Release No. 34-
70073 adopting amendments to 17 C.F.R. 240.17a-5.

SCHEDULE I - COMPUTATION OF NET CAPITAL AND AGGREGATE
INDEBTEDNESS PER UNIFORM NET CAPITAL RULE 15c3-1

DECEMBER 31, 2022

COMPUTATION OF NET CAPITAL
Total stockholders equity                     	 	$8,644,122
Deductions:
Nonallowable assets					1,777,035
Haircuts						167,217
Other							23,199

NET CAPITAL                 			       	$6,676,671

COMPUTATION OF BASIC NET CAPITAL REQUIREMENT
Minimum net capital requirement (6 2/3%
of total aggregate indebtedness)           		$400,118

Minimum dollar net capital requirement          	$100,000

Net capital requirement                         	$400,118

EXCESS NET CAPITAL                    			$6,276,553

COMPUTATION OF AGGREGATE INDEBTEDNESS
Total liabilities					$19,964,563
Exclusions: Lease liabilities, to the extent
of right-of-use assets					(13,960,295)
Securities sold, not yet purchased			(2,499)

TOTAL AGGREGATED INDEBTEDNESS                   	$6,001,769

Percentage of Aggregate Indebtedness to Net Capital     	90%

NOTE:   There are no material differences between the
computations above and the computations included in
the Companys corresponding unaudited Form X-17A-5
Part IIA filing.

See accompanying Report of Independent Registered
Public Accounting Firm.

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

Board of Directors
Bolton Global Capital, Inc.

We have reviewed managements statements, included in
the accompanying exemption report, in which (1) Bolton
Global Capital, Inc. identified the following
provisions of 17 C.F.R. section 15c3-3(k) under which
Bolton Global Capital, Inc. claims an exemption from
17 C.F.R. section 240.15c3-3(k)(2)(ii) (the exemption
provisions) and (2) Bolton Global Capital, Inc.
stated that Bolton Global Capital, Inc. met the
identified exemption provisions throughout the most
recent fiscal year ended December 31, 2022 without
exception.

Bolton Global Capital, Inc. is also filing this
exemption report because Bolton Global Capital, Inc.
other business activities contemplated by Footnote 74
of the SEC Release No. 34-70073 adopting amendments
to 17 C.F.R. 240.17a-5 are limited to effecting securities
transactions via subscriptions on a subscription way
basis where the funds are payable to the issuer or its
agent and not to Bolton Global Capital, Inc. In
addition, Bolton Global Capital, Inc. did not directly
or indirectly receive, hold, or otherwise owe funds or
securities for or to customers, other than money or
other consideration received and promptly transmitted
in compliance with paragraph (a) or (b)(2) of Rule
15c2-4 and/or funds received and promptly transmitted
for effecting transactions via subscriptions on a
subscription way basis where the funds are payable to
the issuer or its agent and not to Bolton Global
Capital, Inc.; did not carry accounts of or for
customers; and did not carry PAB accounts (as defined
in Rule 15c3-3) throughout the year ended December 31,
2022 without exception

Bolton Global Capital, Inc. management is responsible
for compliance with the exemption provisions and its
statements.

Our review was conducted in accordance with the
standards of the Public Company Accounting Oversight
Board (United States) and, accordingly, included
inquiries and other required procedures to obtain
evidence about Bolton Global Capital, Inc.
compliance with the exemption provisions. A review is
substantially less in scope than an examination, the
objective of which is the expression of an opinion on
management?s statements. Accordingly, we do not express
such an opinion.

Based on our review, we are not aware of any material
modifications that should be made to managements
statements referred to above for them to be fairly
stated, in all material respects, based on the
provisions set forth in paragraph (k)(2)(ii) of Rule
15c3-3 under the Securities Exchange Act of 1934 and
the Companys other business activities contemplated
by Footnote 74 of the SEC Release No. 34-70073
adopting amendments to 17 C.F.R. 240.17a-5, and related
SEC Staff Frequently Asked Questions.

Frankfort, Illinois
March 7, 2023

Phone:708.489.1680 Fax:847.750.0490 I dscpagroup.com
20646 Abbey Woods Ct N, Suite 201 I Frankfort, IL
60423

Exemption Report

For Year Ending
December 31, 2022

Bolton Global Capital, Inc. (the "Company") is a registered
broker-dealer subject  to  Rule  17a-5 promulgated  by the
Securities and Exchange  Commission (17 C.F.R. 240. l 7a-5,
?Reports  to  be made by certain  brokers  and dealers").
This Exemption Report was prepared as required by 17
C.F.R. 240. l 7a-5(d)(I) and (4). To the best of its
knowledge and belief, the Company  states the following:

(1) The Company claimed an exemption  from  17  C.F.R.
240.15c3-3  under the  following provisions of 17  c.r.n.
 240.15c3-3(k)(2)(ii).

(2) The Company met the identified exemption provisions in 17
C.F.R. 240.15c3-3(k)throughout the most recent fiscal
year without exception.

(3) The Company is also filing this  Exemption  Report
because  the  Company's other business activities
contemplated  by Footnote  74 of the SEC Release No. 34-
70073  adopting  amendments to  17  C.F.R.  240. l 7a-5 and
where the Company  (1) did not directly or indirectly
receive,  hold, or otherwise owe  funds or securities  for
or to customers,  (other than money  or other consideration
received  and promptly  transmitted  in compliance with
paragraph  (a) or (b)(2) of Ruic  15c2-4 and/or funds
received  and promptly  transmitted  for effecting
transactions  via subscriptions on a subscription  way basis
where the  funds arc payable  to the issuer or its agent and
not to the Company); (2) did not carry accounts  of' or for
customers;  and (3) did not carry PAI3 accounts (as defined
in  Rule  15c3-3)  throughout the  most recent  fiscal  year
without exception.

Bolton Global Capital, Inc.

I,  Eugene  Hayes,  affirm  that,  to  my best knowledge and
belief,  this  Exemption  Report is  true and correct.

March 07, 2023

BOLTON  GLOBAL  CAPITAL
579 MAIN STREET BOLTON  MA 01740, 978 779.5361
MEMBER FINRA, SIPC

```

## Full

```

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

Board of Directors
Bolton Global Capital, Inc.

Opinion on the Financial Statement

We have audited the accompanying statement of financial
condition of Bolton Global Capital, Inc. (the "Company") as of
December 31, 2022, and the related notes (collectively
referred to as the "financial statement"). In our opinion, the
statement of financial condition presents fairly, in all
material respects, the financial position of Bolton Global
Capital, Inc. as of December 31, 2022 in conformity with
accounting principles generally accepted in the United States of
America.

Basis for Opinion

This financial statement is the responsibility of the Companys
management. Our responsibility is to express an opinion on the
Companys financial statement based on our audit. We are a public
accounting firm registered with the Public Company Accounting
Oversight Board (United States) (PCAOB) and are required to be
independent with respect to the Company in accordance with the
U.S. federal securities laws and the applicable rules and
regulations of the Securities and Exchange Commission and the
PCAOB.

We conducted our audit in accordance with the standards of the
PCAOB. Those standards require that we plan and perform the
audit to obtain reasonable assurance about whether the financial
statement is free of material misstatement, whether due to
error or fraud. Our audit included performing procedures to
assess the risks of material misstatement of the financial
statement, whether due to error or fraud, and performing
procedures that respond to those risks. Such procedures included
examining, on a test basis, evidence regarding the amounts and
disclosures in the financial statements. Our audit also included
evaluating the accounting principles used and significant
estimates made by management, as well as evaluating the overall
presentation of the financial statements. We believe that our
audit provides a reasonable basis for our opinion.

We have served as Bolton Global Capital, Inc. auditor since 2014.

Frankfort, Illinois
March 7, 2023

Phone:708.489.1680 Fax:847.750.0490 dscpagroup.com
20646 Abbey Woods Ct N, Suite 201  Frankfort, IL 60423

BOLTON GLOBAL CAPITAL, INC. STATEMENT OF FINANCIAL CONDITION
DECEMBER 31, 2022
ASSETS

CURRENT ASSETS:

Cash and cash equivalents				$12,399,103
Receivable from clearing broker				472,252
Receivable from others					253,571
Prepaid expenses					259,740
Deposits					   	48,967
Total Current Assets                           		$13,433,633

NON-CURRENT ASSETS:
Equipment and leasehold improvements
(net of accumulated depreciation and
amortization of $631,834)                          	820,655
Right-of-use assets (net of accumulated amortization
of $1,982,624)                                     	13,960,295
Deposits						141,455
Cash clearing deposit					252,647
Total Non-current Assets				$15,175,052
TOTAL ASSETS						$28,608,685

LIABILITIES AND STOCKHOLDERS EQUITY

CURRENT LIABILITIES:
Accounts payable and accrued expenses            	$444,939
Accounts payable related party                      	1,592,861
Commissions payable registered representatives      	2,191,196
Securities sold, not yet purchased                      2,499
Accrued income tax                                      8,215
Deferred revenue                                        352,014
Lease liabilities                                     	1,833,445
Total Current Liabilities                       	$6,425,169

NON-CURRENT LIABILITIES:
Deferred revenue                                   	$354,123
Lease liabilities					13,185,271
Total non-current liabilities				$13,539,394
Total Liabilities					$19,964,563

STOCKHOLDERS EQUITY
Common stock, no par value; authorized
1,250 shares; issued and outstanding
1,046 shares                                     	$4,820
Retained earnings                                    	8,639,302

Total Stockholders Equity                      		$8,644,122

TOTAL LIABILITIES AND STOCKHOLDERS EQUITY     		$28,608,685

The accompanying notes are an integral part of this financial
statement.

NOTE 1 - ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES

Organization - Bolton Global Capital, Inc. (the Company) is
located in Bolton, Massachusetts. The Company is a full-service
registered broker-dealer in securities, and conducts business on
a fully-disclosed basis over a network of independent financial
advisors across the United States of America. The Company offers
services in stocks, bonds, options, mutual funds, variable
annuities, and other securities to its investment clients. The
Company is registered with the Securities and Exchange Commission
(SEC) and is a member of the Financial Industry Regulatory
Authority (FINRA), and the Securities Investors Protection
Corporation (SIPC).

Basis of Presentation The accompanying financial statements
are presented in conformity with accounting principles generally
accepted in the United States of America (GAAP).

Recognition of Revenue The Company follows the revenue
recognition guidance that requires an entity to follow a five-
step model to (a) identify the contract(s) with a customer, (b)
identify the performance obligations in the contract, (c)
determine the transaction price, (d) allocate the transaction
price to the performance obligations in the contract, and (e)
recognize revenue when (or as) the entity satisfies the
performance obligation.

Revenues are recognized in accordance with the accounting
guidance when persuasive evidence of an arrangement exists, the
performance obligation has been met, the fee is fixed or
determinable, and collection is reasonably assured.

Significant Judgments - The recognition and measurement of
revenue is based on the assessment of individual contract terms.
Significant judgment is required to determine whether
performance obligations are satisfied at a point in time or over
time; how to allocate transaction prices where multiple
performance obligations are identified; when to recognize revenue
based on the appropriate measure of the Companys progress under
the contract; and whether constraints on variable consideration
should be applied due to uncertain future events.

Interest income - The Company earns interest  income  from cash
equivalents.  This revenue is not in scope  for Topic  606 as
it is not generated  from  contracts  with customers.

NOTE 1 - ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES ?
(Continued)

Commissions - The Company generates two types of commission
revenue: sales-based commission revenue that is recognized on
the settlement date, an industry standard, and trailing
commission revenue that is recognized over time as earned.
Sales-based commission revenue varies by investment product and
is based on a percentage of an investment products current
market value at the time of purchase. Trailing commission
revenue is generally based on a percentage of the current market
value of clients' investment holdings in trail-eligible assets,
and is recognized over the period during which services, such as
on-going support, are performed. As trailing commission revenue
is based on the market value of clients investment holdings,
this variable consideration is constrained until the market
value is determinable.

Administrative fee revenues  Administrative fee income
primarily consist of portfolio service fees that are derived from
accounts that charge an annual administrative fee based on net
asset value (generally billed quarterly in advance based on
prior quarter asset values and recognized over the quarterly
period).

Receivables - The Company reviews the receivables for
collectability on a regular basis. The allowance for doubtful
accounts reflects managements best estimate of probable losses
determined principally on the basis of historical experience.
The allowance for doubtful accounts was $0 at December 31, 2022.

Estimates - The preparation of financial statements in
conformity with GAAP requires management to make estimates and
assumptions that affect the reported amounts of assets and
liabilities and disclosure of contingent assets and liabilities
at the date of the financial statements and the reported amounts
of revenues and expenses during the reporting period.  Actual
results could differ from those estimates.

Concentrations of Credit Risk - The Company is engaged in various
brokerage activities in which  the counterparties primarily
include broker/dealers,  banks, other financial institutions
and the Companys own customers.  In the event the
counterparties do not fulfill their obligations, the Company may
be exposed to risk. The risk of default depends on the
creditworthiness  of  the counterparty  or issuer  of  the
instrument.    It is the Companys policy to review, as
necessary, the credit standing of each counterparty.

In addition, most of the Companys cash is on deposit at three
financial institutions and the balance at times may exceed the
federally insured limit.  The Company believes it is not exposed
to any significant credit risk to cash.

NOTE 1 - ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES -
(Continued)

Cash Equivalents - For purposes of the Statement of Cash Flows,
the Company has defined cash equivalents as highly liquid
investments, with original maturities of less than three months
that are not held for sale in the ordinary course of business.

Leases - The Company recognizes and measures its leases in
accordance with FASB ASC 842, Leases. The Company is a lessee in
several noncancellable operating leases, for office space,
software, and subscription related services. The Company
determines if an arrangement is a lease, or contains a lease, at
inception of a contract and when the terms of an existing
contract are changed. The Company recognizes a lease liability
and a right of use (ROU) asset at the commencement date of the
lease. The lease liability is initially and subsequently
recognized based on the present value of its future lease
payments. Variable payments are  included  in  the future lease
payments  when  those  variable payments depend on an index or a
rate. The discount rate is the implicit rate if it is readily
determinable or otherwise the Company uses its incremental
borrowing rate. The implicit rates of our leases are not readily
determinable and accordingly, we use our incremental borrowing
rate (4.5% to 6%) based on the information available at the
commencement date for all leases. The Companys incremental
borrowing rate for a lease is the rate of interest it would have
to pay on a collateralized basis to borrow an amount equal to
the lease payments under similar terms and in a similar economic
environment. The ROU asset is subsequently measured throughout
the lease term at the amount of the remeasured lease liability
(i.e., present value of the remaining lease payments), plus
unamortized initial direct costs, plus (minus) any prepaid
(accrued) lease payments, less the unamortized balance of lease
incentives received, and any impairment recognized. Lease cost
for lease payments is recognized on a straight-line basis over
the lease term.

The Company adopted the practical expedient and made an
accounting policy election allowing lessees to not recognize ROU
assets and liabilities for leases with a term of 12 months or
less.   Disclosures related to the amount, timing and
uncertainty of cash flows arising from leases are included in
Note 6.

Depreciation and Amortization- Depreciation of equipment and
amortization of leasehold improvements is computed using the
straight-line method over the estimated useful life of the
asset, three years, or the term of the lease for leasehold
improvements.

Securities Owned and Sold, Not Yet Purchased  Securities are
recorded at fair value in accordance with FASB ASC 820, Fair
Value Measurements and Disclosures.

NOTE 2 - FAIR VALUE MEASUREMENT

FASB ASC 820 defines fair value, creates a framework for
measuring fair value, and establishes a fair value hierarchy
which prioritizes the inputs to valuation techniques. Fair value
is the price that would be received to sell an asset or paid to
transfer a liability in an orderly transaction between market
participants at the measurement date. A fair value measurement
assumes that the transaction to sell the asset or transfer the
liability occurs in the principal market for the asset or
liability or, in the absence of a principal market, the most
advantageous market.  Valuation techniques that are consistent
with the market, income or cost approach, as specified by FASB
ASC 820, are used to measure fair value.

The fair value hierarchy prioritizes the inputs to valuation
techniques used to measure fair value into three broad levels:

Level 1 inputs are quoted prices (unadjusted) in active markets
for identical assets or liabilities the Company has the ability
to access.

Level 2 inputs are inputs (other than quoted prices included
within level 1) that are observable for the asset or liability,
either directly or indirectly.

Level 3 inputs are unobservable inputs for the asset or
liability and rely on managements own assumptions about the
assumptions that market participants would use in pricing the
asset or liability.

Level 1 inputs have been used to value mutual funds.  These
securities consist of the following:

						Securities Sold,
			Securities Owned 	Not Yet Purchased

Mutual Funds          	$     -0-  		$    2,499

Total     		$     -0-  		$    2,499

No valuation techniques have been applied to all other assets
and liabilities included in the statement of financial
condition. Due to the nature of these items, all have been
recorded at their historical values.

NOTE 3 - NET CAPITAL REQUIREMENTS

As a registered broker/dealer and member of FINRA, the Company is
subject to the SEC Uniform Net Capital Rule (rule 15c3-1), which
requires the maintenance of minimum net capital and requires
that the ratio of aggregate indebtedness to net capital, both as
defined, shall not exceed 1500%. At December 31, 2022, the
Companys net capital and required net capital were $6,676,671
and $400,118, respectively.  The ratio of aggregate indebtedness
to net capital was 90%.

NOTE 4 - INCOME TAXES

The Company has elected S Corporation status for income tax
purposes.  Income taxes are therefore the responsibility of the
individual stockholders of the Company. However, state corporate
income taxes are required of Massachusetts and New York. The
income tax expense consists of these corporate state income
taxes.

The Company accounts for any potential interest or penalties
related to possible future liabilities for unrecognized income
tax benefits as other expense. The Company is longer subject to
examination by tax authorities for federal, state or local
income taxes for periods before 2019.

NOTE 5 - RELATED PARTIES

The Company pays monthly management fees to Bolton Capital
Group, Inc. (BCG), a related corporation wholly owned by the
sole stockholder of the Company, under a management contract.
The fees provide compensation for supervisory responsibilities,
and for any operational and overhead expenses incurred.  These
fees, in addition to the expenses incurred by BCG, in connection
with the Companys broker-dealer business, shall include 100% of
the Companys first $100,000 in pre-tax profit, 50% of the next
pre-tax profits below $400,000, and 25% of any pre-tax profit
over $400,000.  During 2022, supervisory and overhead costs
incurred under this arrangement totaled $8,593,552 of which
$1,586,760 was payable at December 31, 2022.

The Company receives fee-based revenue and pays the related
commission expense. The Company records a book entry to reflect
this revenue and expense on Bolton Securities Corporation (BSC),
a related dually registered broker-dealer and investment advisor
indirectly owned by the sole stockholder of the Company. As of
December 31, 2022, the Company owed $6,101 to BSC.

The Company incurred $87,556 in commission expenses during 2022
to its sole stockholder, of which nothing was payable at
December 31, 2022.

NOTE 5 - RELATED PARTIES  (Continued)

The Company currently leases office space used as its main
headquarters, and certain other property, located in Bolton, MA,
as a tenant-at-will from an entity in which its sole shareholder
has a beneficial interest. BCG rents this office on behalf of
the Company. The Company incurred this expense as part of the
management fees noted above.

The Company subleases office space to Bolton Securities
Corporation for a monthly fee of $40,000.   The agreement shall
renew automatically on an annual basis unless terminated by
mutual agreement by both parties. For the year ended December 31,
2022, the Company received $480,000 for this sublease, which is
included in occupancy on the statement of operations.

NOTE 6  LEASE COMMITMENTS

The Company has obligations as a lessee for office space,
software, and subscription related services with initial
noncancelable terms in excess of one year. The Company
classified these leases as operating leases. These leases
generally contain renewal options. The Company is not reasonably
certain to exercise these renewal options, the optional periods
are not included in determining the lease term, and associated
payments under these renewal options are excluded from lease
payments. The Companys leases do not include termination options
for either party to the lease or restrictive financial or other
covenants. Payments due under the lease contracts include fixed
payments. The Companys office space leases require it to make
variable payments for the Company?s proportionate share of the
buildings property taxes, insurance, and common area
maintenance. These variable lease payments are not included in
lease payments used to determine lease liability and are
recognized as variable costs when incurred.

The Company has an agreement to lease office space in Miami,
Florida, used by certain affiliated independent registered
representatives. The lease expires in November 2030 and includes
an annual rent increase of 3%.

The Company has an agreement to lease office space in Sunrise,
Florida.   The lease expires in October 2027 and includes an
annual rent increase of 3%.

NOTE 6  LEASE COMMITMENTS  (Continued)

The Company entered into agreements for various software
subscription and equipment related services. These agreements
expire on various dates through February 2027.

The components of lease cost for the year ended December 31,
2022 are as follows:

Operating lease cost					$1,779,951
Variable lease cost					134,071
Total lease cost					1,914,022
Less: sublease income					(480,000)
Net lease cost						$1,434,022

Other information related to leases at December 31, 2022:

Supplemental cash flow information:
Cash paid for amounts included in the measurement of lease
liabilities: Operating cash flow from operating leases $976,658

ROU assets obtained in exchange for lease obligations: Operating
leases $1,047,531

Reductions to ROU assets resulting from reductions to lease
obligations: Operating leases $(1,982,624)

Weighted average remaining lease term for operating leases is
3.9 years.

Amounts disclosed for ROU assets obtained in exchange for
lease obligations and reductions to ROU assets resulting from
reductions to lease obligations include amounts added to or
reduced from the carrying amount of ROU assets resulting from
new leases, lease modifications or reassessments.

NOTE 6  LEASE COMMITMENTS  (Continued)

Maturities of lease liabilities under noncancellable operating
leases as of December 31, 2022 are as follows:

Year Ending December 31,

2023						$2,008,449
2024						1,878,053
2025						1,867,198
2026						1,911,370
2027						1,954,238
Thereafter					5,843,906
Total undiscounted payments			15,463,214
Less: Imputed interest				(444,498)
Total Lease Liability				$15,018,716

NOTE 7 - OFF-BALANCE SHEET RISK AND CLEARING AGREEMENTS

In order to facilitate securities transactions, the Company has
agreements with a broker/dealer (Clearing Broker/dealer) whereby
the Company forwards (introduces) customer securities
transactions to the Clearing Broker/dealer, fully disclosing the
customer name and other information.  The processing and, if
applicable, any financing pertaining to the introduced
transactions are performed by the Clearing Broker/dealer. The
customers accounts are therefore maintained and recorded in the
books and records of the Clearing Broker/dealer on the Companys
behalf.

The Company has an agreement that they are required to maintain
a $250,000 deposit in another firm account with the Clearing
broker/dealer. This amount is included in cash- clearing
deposit, on the statement of financial condition.   Termination
fees will be imposed if the Company terminates without cause or
under other circumstances in the first five years of the
agreement.

The Company is contingently liable to indemnify Pershing, LLC
for any failure by customers to maintain an adequate margin, to
deliver securities sold, to pay for securities purchased, or for
any other breach of obligation by customers.

NOTE 8  BUSINESS CONCENTRATIONS

The Company had approximately 80 registered investment advisor
affiliations during 2022.  One of those advisors was responsible
for approximately 11% of the Companys commissions and
administrative fee revenue volume during the year ending
December 31, 2022.

NOTE 9  EQUIPMENT AND LEASEHOLD IMPROVEMENTS

Equipment and leasehold improvements at December 31, 2022
consists of:

Furniture and office equipment				$749,239
Leasehold improvements					703,250
Total 							1,452,489
Less: accumulated depreciation and
and amortization					631,834
Net							$820,655

NOTE 10  CONTINGENCIES

During 2022, the Company was involved in various claims and
lawsuits, arising in the normal course of business.  Management
believes that any financial responsibilities that may be
incurred in the ultimate resolution of these matters will not
have a material adverse effect on the Companys financial
position or results of operations.

NOTE 11 - SUBSEQUENT EVENTS

The Company has evaluated subsequent events for potential
recognition and/or disclosure through the date the financial
statements were issued, noting none.

```

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM X-17A-5

### ANNUAL AUDITED REPORT

### Filer Information

**Filer CIK:** 0000760298

**Filer CCC:** XXXXXXXX

**Is this a LIVE or TEST filing?:** LIVE

**Would you like a Return Copy?:** No

### Submission Information

**Report Period Begin Date:** 01-01-2022

**Report Period End Date:** 12-31-2022

**Type of Registrant:** Broker-dealer

**Any material weaknesses identified?:** No

### Registrant Identification

**Name of Broker-Dealer:** BOLTON GLOBAL CAPITAL

**Business Address:** 579 MAIN STREET, BOLTON, MA, 01740

**Contact Person:** STEVEN TARPEY

**Contact Phone:** 9787795361

### Independent Public Accountant Identification

**Accountant Name:** DEMARCO SCIACCOTTA WILKENS & DUNLEAVY, LLC

**Accountant Address:** 20646 ABBEY WOODS CT. N, STE. 201, FRANKFORT, IL, 60423

**Accountant Type:** Certified Public Accountant

### OATH OR AFFIRMATION

I, **EUGENE HAYES**, swear (or affirm) that, to the best of my knowledge and belief, the accompanying financial statements and supporting schedules pertaining to the firm of **BOLTON GLOBAL CAPITAL**, as of **12-31-2022**, are true and correct.

**Signature:** EUGENE HAYES

**Title:** FINANCIAL & OPERATIONS PRINCIPAL

**Notarized:** Yes