EXHIBIT 31

CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND PRINCIPAL
 FINANCIAL OFFICER

PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF
 2002

I, Kwajo Sarfoh, certify that:

|1. |  | I have reviewed this Quarterly Report on Form 10-QSB
 of Cape Coastal Trading Corporation;
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|2. |  | Based on my knowledge, this 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 report;
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|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;
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|4. |  | As the registrant's certifying officer, I am responsible
 for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules
 13a-15(e) and 15d-15(e)) for the registrant and have:
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|a) |  | Designed such disclosure controls and procedures, or
 caused such disclosure controls and procedures to be designed under my supervision, to ensure that material
 information relating to the registrant, including its consolidated subsidiaries, is made known to me
 by others within those entities, particularly during the period in which this report is being prepared;
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|b) |  | Evaluated the effectiveness of the registrants disclosure
 controls and procedures and presented in this report my conclusions about the effectiveness of the disclosure
 controls and procedures, as of the end of the period covered by this report based on such evaluation;
 and
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|c) |  | Disclosed in this report any change in the registrant
 s internal control over financial reporting that occurred during the registrants second quarter
 ended June 30, 2004 that has materially affected, or is reasonably likely to materially affect,
 the registrants internal control over financial reporting; and
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5.     I have disclosed, based
 on my most recent evaluation of internal control over financial reporting, 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 and material weaknesses
 in the design or operation of internal control over financial reporting which are reasonably likely
 to adversely affect the registrants ability to record, process, summarize and report financial information;
 and
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|b) |  | Any fraud, whether or not material, that involves management
 or other employees who have a significant role in the registrants internal control over financial reporting.
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| |  | /S/ Kwajo M. SarfohKwajo M. Sarfoh, Chief Executive Officer and Principal Finanial OfficerDate: August 24, 2004
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