EXHIBIT 31.1

CERTIFICATION OF CHIEF
EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER

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

I, Kwajo Sarfoh, President and Chief
Executive Officer, certify that:

|1. |  | I have reviewed this Quarterly Report on Form 10Q-SB 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. |  | 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 our 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 first quarter ended March 31, 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 Prinipal Finanial OfficerDate:  May 25, 2004
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