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



****FORM 10-QSB



[ X ] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934



For the quarterly period ended ****March 31, 2004





[   ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934



For the transition period from     to 
Commission File No. 33-55254-28



******HAMPTON BERKSHIRE INSURANCE
 AND FINANCIAL, INC.**(Exact name of Registrant as specified in its charter)



******NEVADA**
******87-0438641**(State or other jurisdiction of                                       (I.R.S. Employer
 incorporation or organization)             
Identification Number)



378 North Main, #124;  Layton,   UT   84041
(Address of principal executive offices)               (Zip Code)



Registrant's telephone number, including area code (801) 497-9075



Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section
13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for shorter
period that the registrant was required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.



[ X ] Yes [ ] No



24,624,198 SHARES  $.001 PAR VALUE CLASS A(Number of shares of common stock the registrant had outstanding as ofMay 7, 2004)

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PART I. FINANCIAL INFORMATION

******Item 1. Financial Statements**

The condensed financial statements included herein have been prepared by the Company,
pursuant to the rules and regulations of the Securities and Exchange Commission.

In the opinion of the Company, all adjustments, consisting of only normal recurring
adjustments, necessary to present fairly the financial position of the Company as of March 31, 2004
and the results of its operations and changes in its financial position from December 31, 2003
through March 31, 2004 have been made.  The results of its operations for such interim period is not
necessarily indicative of the results to be expected for the entire year.



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HAMPTON BERKSHIRE INSURANCE AND FINANCIAL, INC.

BALANCE SHEETS

|                                                  | (Unaudited)           |  |                      
|------------------------------------------------- | --------------------- |  | ---------------------
|                                                  | March 31,             |  | December 31,         
|                                                  | 2004                  |  | 2003                 
|                                                  |                       |  |                      
|ASSETS                                            | $                   - |  | $                   -
|                                                  |                       |  |                      
|LIABILITIES & STOCKHOLDER'S EQUITY                |                       |  |                      
|Current Liabilities                               |                       |  |                      
|Accounts Payable                                  | $	5,034               |  | $	3,637              
|Accrued Interest                                  | 1,847                 |  | 1,166                
|Notes Payable                                     | 25,140                |  | 25,140               
|Total Current Liabilities                         | 32,021                |  | 29,943               
|                                                  |                       |  |                      
|Stockholders' Equity                              |                       |  |                      
|Preferred Stock, $.001 par value;                 |                       |  |                      
|25,000,000 shares authorized; None issued         | -                     |  | -                    
|Common Stock, $.001 par value: 125,000,000 shares |                       |  |                      
|authorized, issued and outstanding 24,624,198 at  |                       |  |                      
|March 31, 2004 and December 31, 2003              | 24,624                |  | 24,624               
|Additional Paid-in Capital                        | 4,775,977             |  | 4,775,977            
|Accumulated Deficit                               | (4,832,622)           |  | (4,830,544)          
|Total Stockholders' Equity                        | (32,021)              |  | (29,943)             
|                                                  |                       |  |                      
|TOTAL LIABILITIES &  STOCKHOLDERS' EQUITY         | $                   - |  | $                   -
|                                                  |                       |  |                      





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



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HAMPTON BERKSHIRE INSURANCE AND FINANCIAL, INC.STATEMENTS OF OPERATIONS(UNAUDITED)

|                                            |  | For the Three Months Ended
|------------------------------------------- |  | --------------------------
|                                            |  | March 31,                 
|                                            |  | 2004                      
|                                            |  |                           
|REVENUES                                    |  | $                   -     
|                                            |  |                           
|OPERATING EXPENSES                          |  |                           
|General & Administrative                    |  | 1,397                     
|Total Operating Expense                     |  | (1,397)                   
|                                            |  |                           
|OTHER INCOME (EXPENSE)                      |  |                           
|Interest Expense                            |  | (681)                     
|Gain on Settlement of Liabilities           |  | -                         
|Total Other Income (Expense)                |  | (681)                     
|                                            |  |                           
|NET LOSS                                    |  | $	(2,078)                 
|                                            |  |                           
|NET LOSS PER COMMON SHARE (BASIC & DILUTED) |  | $                   -     
|                                            |  |                           
|WEIGHTED AVERAGE NUMBER OF COMMON SHARES    |  |                           
|OUTSTANDING (BASIC & DILUTED)               |  | 24,624,198                
|                                            |  |                           

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

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HAMPTON BERKSHIRE INSURANCE AND FINANCIAL, INC.

STATEMENTS OF CASH FLOWS

(UNAUDITED)

|                                                      |  | For the Three Months Ended
|----------------------------------------------------- |  | --------------------------
|                                                      |  | March 31,                 
|                                                      |  | 2004                      
|CASH FLOWS FROM OPERATING ACTIVITIES:                 |  |                           
|Net Loss                                              |  | $	(2,078)                 
|Adjustments to reconcile net loss to net cash used in |  |                           
|operating activities:                                 |  |                           
|Expense related to issuance of common stock           |  |                           
|and common stock options for services                 |  | -                         

|Changes in Assets and Liabilities:        |  |                       |  |                      
|----------------------------------------- |  | --------------------- |  | ---------------------
|Increase (Decrease) Accounts Payable      |  | 1,397                 |  | (2,038)              
|Increase (Decrease) Interest Payable      |  | 681                   |  | 63,376               
|                                          |  |                       |  |                      
|Net Cash Used in Operating Activities     |  | -                     |  | -                    
|                                          |  |                       |  |                      
|CASH FLOWS FROM INVESTING ACTIVITIES:     |  |                       |  |                      
|Net Cash Used in Investing Activities     |  | -                     |  | -                    
|                                          |  |                       |  |                      
|CASH FLOWS FROM FINANCING ACTIVITIES:     |  |                       |  |                      
|Proceeds from Notes payable               |  | -                     |  | -                    
|Proceeds from Issuance of Common Stock    |  | -                     |  | -                    
|Net Cash Provided by Financing Activities |  | -                     |  | -                    
|                                          |  |                       |  |                      
|NET INCREASE IN CASH                      |  | -                     |  | -                    
|CASH AT BEGINNING OF THE YEAR             |  | -                     |  | -                    
|CASH AT END OF THE YEAR                   |  | $                   - |  | $                  - 
|                                          |  |                       |  |                      
|SUPPLEMENTAL DISCLOSURE OF CASH FLOW      |  |                       |  |                      
|Cash paid during the year for interest    |  | $                   - |  | $                   -
|                                          |  |                       |  |                      

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SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING & FINANCING ACTIVITIES:

None.

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

HAMPTON BERKSHIRE INSURANCE AND FINANCIAL, INC.

NOTES TO THE FINANCIAL STATEMENTS

(UNAUDITED)

NOTE 1 - NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES

This summary of accounting policies for Hampton Berkshire Insurance and Financial, Inc.
is presented to assist in understanding the Company's financial statements.  The accounting policies
conform to generally accepted accounting principles in the United States of America and have been
consistently applied in the preparation of the financial statements.

Organization

Hampton Berkshire Insurance and Financial, Inc. formally known as First Capital
Resources.com, Inc. (the "Company") is a Nevada corporation, having first been incorporated under
the name Jackal Industries, Inc., pursuant to the laws of Utah on April 16, 1986, and subsequently
reorganized under the laws of Nevada on December 30, 1993. During 1998, the Company ceased
all business operations. The Company's name was changed to First Capital Resources.com, Inc., on
April 13, 1999.  On February 7, 2003 the Company changed its name to Hampton Berkshire
Insurance and Financial, Inc.  The Company has no products or services as of March 31, 2004.

Nature of Operations

The Company intends to acquire interests in various business opportunities, which in the
opinion of management will provide a profit to the Company.  In seeking a business opportunity to
merge with or acquire, management is reviewing various business plans. Management has not
limited their review of plans or exploration of acquisitions to any particular industry or service
sector. Management has not yet identified a business to complete such a transaction with and the
Company has not entered into any binding agreements for an acquisition or merger. There is no
assurance that the Company will be successful in finding any business opportunity to merge with or
acquire.

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Basis of Presentation

The Company's  financial statements have been prepared on a going concern basis, which
contemplates the realization of assets and satisfaction of liabilities in the normal course of business.
The  financial statements do not include any adjustment relating to recoverability and classification
of recorded amounts of assets and liabilities that might be necessary should the Company be unable
to continue as a going concern.  The Company has a substantial deficiency in assets.

The Company still has no operations and no funds to develop operations and there remains
no assurances any successful operations will be located.  Presently, management's plans are to
continue to evaluate business opportunities that may come available to the Company.



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HAMPTON BERKSHIRE INSURANCE AND FINANCIAL, INC.

NOTES TO  FINANCIAL STATEMENTS

(UNAUDITED)

Continued

NOTE 1 - NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES
(Continued)

Cash and Cash Equivalents



For purposes of the statement of cash flows, the Company considers all highly liquid debt
instruments purchased with a maturity of three months or less to be cash equivalents to the extent
the funds are not being held for investment purposes.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally
accepted in the United States of America 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.

Income Taxes

The Company accounts for income taxes using the asset and liability method. Deferred
income taxes are determined based on the estimated future tax effects of differences between the
financial reporting and tax reporting bases of assets and liabilities given the provisions of currently
enacted tax laws.  A valuation allowance is provided when it is more likely than not that all or some
portion of the deferred income tax assets will not be realized.

Net Loss Per Common Share

Basic net loss per common share is computed by dividing net loss by the weighted average
number of common shares outstanding during the year.  Diluted net loss per common share ("Diluted
EPS") reflects the potential dilution that could occur if stock options or other common stock
equivalents were exercised or converted into common stock.  The computation of Diluted EPS does
not assume exercise or conversion of securities that would have an antidilutive effect on net loss per
common share.

Comprehensive Income

There are no components of comprehensive income other than the net loss.

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HAMPTON BERKSHIRE INSURANCE AND FINANCIAL, INC.

NOTES TO  FINANCIAL STATEMENTS

(UNAUDITED)

Continued

NOTE 1 - NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES
(Continued)

Derivative and Hedging Activities

Statement of Financial Accounting Standards (SFAS) No. 133, *Accounting for Derivative
Instruments and Hedging Activities*, as amended, requires that all derivative instruments be
recognized as either assets or liabilities at fair market value.  The adoption of this statement on
January 1, 2001 had no impact on the Company.

NOTE 2 - INCOME TAXES

Realization of the deferred tax asset is dependent on generating sufficient taxable income
prior to expiration of the loss carryforwards.  Management believes, based upon the short operating
period of the Company and the bankruptcy of the 92.85% Parent of the Company (Note 4), among
other things, the uncertainty of generating taxable income is such that it is more likely than not that
none of the deferred tax asset will be realized, and accordingly has established a valuation allowance
of $835,000 fully offsetting this asset.  It is reasonably possible the Company's estimate of
realizability of the deferred tax asset could materially change in the near term.  Further, all or
substantially, all of the deferred tax asset may be lost due to the change in ownership on December
31, 2002.

NOTE 3 - COMMITMENTS

The Company currently maintains its corporate presence from the office of the Company's
legal counsel and pays no rent or expenses.

NOTE 4 - COMMON STOCK TRANSACTIONS

On December 27, 2000, FACT South entered into a compromise agreement with FACT
pursuant to which FACT South satisfied and retired a portion of the indebtedness owed by FACT
South to FACT by transferring all its assets to FACT.  FACT South's primary asset was 1,000,000
shares of stock in the registrant, accounting for approximately 92.85% of the issued and outstanding
stock of the registrant.



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HAMPTON BERKSHIRE INSURANCE AND FINANCIAL, INC.

NOTES TO  FINANCIAL STATEMENTS

(UNAUDITED)

Continued

NOTE 4 - COMMON STOCK TRANSACTIONS (Continued)

Effective December 31, 2002, First American Capital Liquidating Trust ("the Trust"), at
the time, majority owner of First Capital Resources.com, Inc. ("the Company"), sold to a third party,
950,000 of the million shares owned by the Trust for $130,000.  In anticipation of divesting their
equity ownership of the Company, the former parent assigned  the $2,635,3722 debt owed by the
Company.

Effective December 31, 2002, the Company successfully canceled $31,476 in debt owed
to First American Capital Liquidating Trust in exchange for $13,704 in cash and assignment of a
receivable with a face value of approximately $18,000.

On March 5, 2003, the Board of Directors changed the name of the Company to Hampton
Berkshire Insurance and Financial, Inc.  The Board  initiated a 1 for 10 reverse split of common stock
and increased the number of shares authorized to 150,000,000, consisting of 125,000,000 common
shares and 25,000,000 preferred shares to have such designations, preferences and rights as
determined by the board.

During the first fiscal quarter of 2003, the Company rescinded a long-term incentive plan
for employees and consultants and a director option plan for outside directors, which had been
adopted during the same quarter of 2003 and reported in an 8-K filing.

During the third quarter of 2003, three creditors converted debt to an aggregate of
22,266,800 shares of the Company's common stock.



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****Item 2. Management's Discussion and Analysis of Financial Condition and Results
of Operations



RESULTS OF OPERATONS

The following presentation of management's discussion and analysis of the Company's
financial condition and results of operation should be read in conjunction with the Company's
financial statements and notes contained herein.



Liquidity and Capital Resources.  The Company has no assets and is currently in the process
of looking for business opportunities to merge with or acquire.  At minimum, the Company will need
to raise additional capital through private funding to meet the financial needs of being a reporting
company and to meet the obligations of the current accounts payable.  In the past, the Company has
funded its operations from the sale of its products, the sale of common stock and loans from various
sources.  However, at this time, the Company no longer has any business operations.  The Company
is currently searching for a business opportunity to acquire or merge with.  There is no guarantee that
the Company will be successful in obtaining necessary funding to develop any business
opportunities.

For the Three Months Ended.  The Company reported a net loss of $2,078 and $61,338 for
the quarters ended March 31, 2004, and March 31, 2003, respectively.  The Company anticipates
very little or no overhead from future operations other than interest, professional fees and costs
associated with being a public company, unless and until a successor business can be acquired or
merged.

Plan of Operations.  The Company is currently in the process of looking for business
opportunities to acquire or merge with.  There is no guarantee that management will be successful
in finding such an opportunity.







**ITEM 3 - CONTROLS AND PROCEDURES.**

(a) Evaluation of disclosure controls and procedures.  The Company's principal executive
officer and its principal financial officer, based on their evaluation of the Company's disclosure
controls over financial reporting and procedures (as defined in Exchange Act Rules 13a-14 (c) as of
a date within 90 days prior to the filing of this Quarterly Report on Form 10QSB, have concluded
that the Company's disclosure controls over financial reporting and procedures are adequate and
effective for the purposes set forth in the definition in Exchange Act rules.

(b) Changes in internal controls over financial reporting.  There were no significant changes
in the Company's internal controls over financial reporting or in other factors that could significantly
affect the Company's internal controls subsequent to the date of their evaluation.



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****PART II - OTHER INFORMATION

**Item 1. Legal Proceedings**None

**item 2. Changes in Securities and Use of Proceeds**
None

**Item 3. Defaults Upon Senior Securities** None

**Item 4. Submission of Matters to a Vote of Security Holders**None

**Item 5. Other Information** None

**Item 6. Exhibits and Reports on Form 8-K**

(a)	Exhibits.  The following exhibits are filed with this report:

31   Written Statement of Chief Executive Officer and Chief Financial Officer with respect
to compliance with Section 13(a) or 15(d) of the Securities Exchange Act of 1934 and Section 302
of the Sarbanes-Oxley Act of 2002.

32  Written Statement of Chief Executive Officer and Chief Financial Officer with  respect
to compliance with Section 13(a) or 15(d) of  the Securities Exchange Act of 1934 and pursuant to
18 U.S.C. 1350, as adopted pursuant to ss. 906 of the Sarbanes-Oxley Act of 2002

(b)	Reports on Form 8-K.  The following reports have been filed on Form 8-K during the last
fiscal quarter:

None



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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned authorized officer.

Dated May 18, 2004				Hampton Berkshire Insurance & Financial, Inc.

By:/s/ Lionel Drage

Lionel Drage

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**Exhibit 31**

**SECTION 302 CERTIFICATION**

I, Lionel Drage, certify that:

1. I have reviewed this quarterly report on Form 10-QSB of Hampton Berkshire Insurance
and Financial, Inc.;

2.  Based on my knowledge, this quarterly report does not contain any untrue statement of
a material fact or omit to state a material fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not misleading with respect to the period
covered by this quarterly report;

3.  Based on my knowledge, the financial statements, and other financial information
included in this report, fairly present in all material respects the financial condition, results of
operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.  The registrant's other certifying officers and I are responsible for establishing and
maintaining disclosure controls and procedures (as defined in exchange act rules 13a-14 and 15d-14
for the registrant and have:

a)  designed such disclosure controls and proceduresto ensure that material information
relating to the registrant, including its consolidated subsidiaries, is made known to us by
others within those entities, particularly during the period in which this report is being
prepared;

b)  evaluated the effectiveness of the registrant's disclosure controls and procedures as of a
date within 90 days prior to the filing date of this quarterly report (the "Evaluation Date"); and

c)   presented in this quarterly report our conclusions about the effectiveness of the disclosure
controls and procedures based on our evaluation as of the Evaluation Date;

5.  The registrant's other certifying officers and I have disclosed, based on our most recent
evaluation, to the registrant's auditors and the audit committee of registrant's board of directors (or
persons performing the equivalent functions):

a)  all significant deficiencies in the design or operation of internal control which could
adversely affect the registrant's ability to record, process, summarize and report financial data and
have identified for the registrant's auditors any material weaknesses in internal controls; and

b)  any fraud, whether or not material, that involves management or other employees who
have a significant role in the registrant's internal controls.

6.  The  registrant's  other  certifying  officers  and I have indicated in this quarterly  report
whether or not there were significant changes in internal controls  or  in  other  factors  that  could
significantly affect internal controls subsequent to the date of my most recent evaluation, including
any corrective  actions  with  regard  to significant deficiencies and material weaknesses.

Date: May 18   , 2004					/s/ Lionel Drage

Lionel Drage

Chief Executive Officer

And Principal Accounting Officer



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**EXHIBIT 32**

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT BY

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Hampton Berkshire Insurance and Financial, Inc.,
on Form 10-QSB for the period ending March 31, 2004 as filed with the Securities and Exchange
Commission on the date hereof (the *"Report"*), the undersigned, Lionel Drage, Chief Executive
Officer and Principal Accounting Officer of the Company, certify, pursuant to 18
U.S.C. 1350, as
adopted pursuant to ss. 906 of the Sarbanes-Oxley Act of 2002, that:

(1) The Report fully complies with the requirements of section 13 (a) or 15 (d) of the
Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the
financial condition and result of operations of the Company.

Date: May 18, 2004  	/s/ Lionel Drage______________________

Lionel Drage, Chief Executive Officer

and Principal Accounting Officer

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