QUARTERLY REPORT FOR SMALL BUSINESS ISSUERS SUBJECT
                     TO THE 1934 ACT REPORTING REQUIREMENTS

                     U.S. 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 September 30, 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 number:  333-106955

                            HERITAGE MANAGEMENT INC.
              (Exact name of small business issuer in its charter)


                Nevada                                     75-2877108
                ------                                     ----------
     (State or other jurisdiction of                   (I.R.S. Employer
      incorporation or organization)                    Identification No.)


        5031 Gordon Smith Rowlett Texas           75043
    -----------------------------------         ----------
  (Address of principal executive offices)      (Zip Code)

Issuer's telephone number   972-771-0907
                            ------------

         Check whether the issuer (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  twelve  months (or for such 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.

Yes X   No
   ---     ---


                APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
                   PROCEEDINGS DURING THE PRECEDING FIVE YEARS

         Check whether the registrant  filed all documents and reports  required
to be  filed  by  Section  12,  13,  or  15(d) of the  Exchange  Act  after  the
distribution of securities under a plan confirmed by a court.
Yes      No
    ---     ---

         APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares  outstanding  of each of the issuer's class of common
equity,  as of the last practicable date: As of November 5, 2004 the Company had
3,885,400 shares of voting Common Stock, $.001 par value issued and outstanding.

         Transitional Small Business Disclosure Format (check one):
                                                                    ---    ---

<PAGE>





                         PART I - FINANCIAL INFORMATION

ITEM I.  FINANCIAL STATEMENTS

                            HERITAGE MANAGEMENT, INC.
                           CONSOLDIATED BALANCE SHEET
                               September 30, 2004
                                   (Unaudited)

                                     ASSETS


CURRENT ASSETS:
    Cash                                                             $  65,110
    Note receivable                                                     12,852
    Advances                                                            69,045
                                                                     ---------
    Total current assets                                               147,007

Property, Plant & Equipment, net of accumulated depreciation            23,555

OTHER ASSETS:
    Mortgage note receivable                                            14,000
                                                                     ---------
    Total other assets                                                  14,000

                                                                     ---------
TOTAL ASSETS                                                         $ 184,562
                                                                     =========

                     LIABILITIES AND STOCKHOLDERS' DEFICIT
LIABILITIES
    Accounts payable                                                 $   8,018
    Current protion - loans payable                                      3,307
                                                                     ---------
    Total current liabilities                                           11,325

Loans payable                                                            8,978
                                                                     ---------
TOTAL LIABILITIES                                                       20,303

STOCKHOLDERS' EQUITY
    Common stock, $0.001 par value, 50,000,000 authorized,
            3,885,400 shares issued and outstanding                      3,885
    Additional paid-in-capital                                         174,965
    Accumulated deficit                                                (14,591)
                                                                     ---------
        Total Stockholders' Equity                                     164,259
                                                                     ---------

TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT                          $ 184,562
                                                                     =========




<PAGE>


<TABLE>

<CAPTION>


                            HERITAGE MANAGEMENT, INC.

                      CONSOLIDATED STATEMENT OF OPERATIONS
                      Nine Months Ended Septemberr 30, 2002
                                   (Unaudited)



                                                  Three months      Three months       Nine months       Nine months
                                                      Ended             Ended             Ended             Ended
                                                  Sept 30, 2004     Sept 30, 2003     Sept 30, 2004     Sept 30, 2003
                                                ------------------------------------------------------------------------
<S>                                               <C>               <C>               <C>               <C>

 Revenue                                                  $38,632           $58,078           $58,746          $168,026

 Operating expenses:
     Depreciation                                           1,935             1,864             5,608             3,700
     General and administrative                            36,482            37,675            80,655           147,115
                                                ------------------------------------------------------------------------
         Total Operating Expense                           38,417            39,539            86,263           150,815
                                                ------------------------------------------------------------------------

 Net income (loss) from oeprations                            215            18,539           (27,517)           17,211
                                                ========================================================================

 Other income:
 Interest income                                              244               252               756               756
 Interest expense                                            (607)             (650)           (1,044)             (829)
                                                ------------------------------------------------------------------------
                                                             (363)             (398)             (288)              (73)
                                                ------------------------------------------------------------------------

 Net income (loss) before provision for
 income taxes                                                (148)           18,141           (27,805)           17,138

 Provision for income taxes                                     0             6,095                 0             6,095
                                                ------------------------------------------------------------------------

 Net income (loss)                                          ($148)          $12,046          ($27,805)          $11,043
                                                ========================================================================



 Loss per share - basic and diluted                         $0.00             $0.00            ($0.01)            $0.00
                                                ========================================================================

 Weighted average shares outstanding:
 Basic and diluted                                      3,858,878         3,350,000         3,801,522         3,350,000
                                                ========================================================================
</TABLE>



<PAGE>

<TABLE>

<CAPTION>
                   HERITAGE MANAGEMENT, INC.

                       CONSOLDATED STATEMENT OF CASH FLOWS
                 Nine Months Ended Septemberr 30, 2004 and 2003
                                   (Unaudited)

                                                                  Nine months       Nine months
                                                                     Ended             Ended
                                                                 Sept 30, 2004     Sept 30, 2003
                                                               ------------------------------------
<S>                                                            <C>                 <C>

 CASH FLOWS FROM OPERATING ACTIVITIES:
     Net income                                                         ($27,805)          $11,043
     Adjustments to reconcile net loss to net
             cash (used) by operating activities:
                 Depreciation                                              5,608             3,700
     Changes in assets and liabilities:
                 Note receiveable                                          5,269               756
                 Advances                                                (35,746)           (1,018)
                 Accounts payable and accrued expenses                     1,334            10,368
                 Advances from affiliate                                  (8,004)            4,652
                                                               ------------------------------------
 Net cash provided by (used in) operating activities:                    (59,344)           29,501

 Cash flows from investing activities:
     Capital expenditures                                                 (2,250)          (30,875)

 Cash flows from financing activities:
     Sale of common stock                                                133,850                 -
     Less: offering expenses                                              (5,000)
     Payments on note payable                                             (2,146)             (503)
     Proceeds from note payable                                                -            16,459
                                                               ------------------------------------
 Net cash provided by (used in) financing activities                     126,704            15,956

                                                               ------------------------------------

 Net increase in cash                                                    $65,110           $14,582

 Cash, beginning of period                                                     -                 -
                                                               ------------------------------------

 Cash, end of period                                                     $65,110           $14,582
                                                               ====================================

 Supplemental information:
     Income taxes paid                                                        $-            $6,095
     Interest paid                                                        $1,044              $829

</TABLE>


<PAGE>



                            HERITAGE MANAGEMENT, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)


NOTE 1: PRESENTATION

The balance sheet of Heritage Management,  Inc. ("Heritage") as of September 30,
2004,  the related  statements of operations for the three and nine months ended
September  30,  2004 and the  statements  of cash  flows  for the three and nine
months ended  September 30, 2004 included in the financial  statements have been
prepared  by  Heritage  without  audit.  In  the  opinion  of  management,   the
accompanying financial statements include all adjustments (consisting of normal,
recurring  adjustments)  necessary  to  summarize  fairly  Heritage's  financial
position and results of operations.  The results of operations for the three and
nine months  ended  September  30, 2004 are not  necessarily  indicative  of the
results  of  operations  for the full  year or any  other  interim  period.  The
information  included in this Form  10-QSB  should be read in  conjunction  with
Management's  Discussion and Analysis and Financial Statements and notes thereto
included in Heritage's December 31, 2003 Form 10-KSB.







<PAGE>




ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATIONS

The  following  discussion  should  be read in  conjunction  with our  Financial
Statements  and Notes  thereto  which  appear  elsewhere in this  document.  The
results  shown  herein  are not  necessarily  indicative  of the  results  to be
expected  in  any  future  periods.  This  discussion  contains  forward-looking
statements based on current expectations,  which involve  uncertainties.  Actual
results   and  the  timing  of  events   could   differ   materially   from  the
forward-looking  statements as a result of a number of factors.  Readers  should
also  carefully  review  factors set forth in other reports or documents that we
file from time to time with the Securities and Exchange Commission.

Overview

During the second  quarter,  we spend  significant  time on the following  areas
which took some  emphasis  from our  immediate  revenue but  prepares a path for
increased future revenues.  Firstly,  we were engaged in raising funds under our
IPO under  which we were  approved  to raise a minimum  $60,000 and a maximum of
$500,000.  We closed the  offering  on July 13,  2004  after  selling a total of
527,400  shares and raising a total of  $131,850.  This capital will allow us to
put into action our plan of growth and operation which was described in our Form
SB-1 filed with the U.S. Securities & Exchange Commission.
Secondly,  we worked on a warehouse  line of credit of $1,000,000  which we were
able to get  approved in early July,  and started  funding  loans in the quarter
ended  September  30. This  warehouse  line  allows us to be a  'correspondent',
selling 'closed loans' and then sell them on the secondary mortgage market. This
allows  us to  sell  'table  funded  loans'  which  should  net the  Company  an
additional $250 to $750 per loan.
Thirdly,  we began making and funding Home Equity Line of Credit loans (HELOCs).
This has only been  allowed in Texas  since  September  2003,  so we have seen a
significant  interest in this type of loan.  We expect this interest to continue
and expect that we will continue to fund these types of loans.


RESULTS FOR THE FISCAL QUARTER ENDED SEPTEMBER 30, 2004

Our fiscal  quarter ended on September 30, 2004. Any reference to the end of the
fiscal  quarter  refers to the end of the first  fiscal  quarter for the periods
discussed herein.

REVENUE.  Revenue for the three  months  ended  September  30, 2004 and 2003 was
$38,632  and  $58,078  respectively  and  revenues  for the  nine  months  ended
September 30, 2004 and 2003 were $58,746 and $168,026 respectively.

EXPENSES.  Total expenses for the three months ended September 30, 2004 and 2003
were  $38,417  and $39,539  respectively.  Expenses  for the nine  months  ended
September 30, 2004 and 2003 were $86,263 and $150,815 respectively.

The weighted average shares  outstanding  increased due to the selling of shares
under our SB-1 offering referred to in the previous section.




<PAGE>




LIQUIDITY  AND CAPITAL  RESOURCES.  We posted a net loss of $148 and a profit of
$24,236 for the nine months ended September 30, 2004 and 2003  respectively  and
posted a net loss of  $27,805  and a net  income of  $23,233  for the six months
ended September 30, 2004 and 2003 respectively.







<PAGE>




ITEM 3.  CONTROLS AND PROCEDURES

(a)      Evaluation of disclosure controls and procedures
         ------------------------------------------------

         We maintain controls and procedures designed to ensure that information
         required to be  disclosed  in the reports  that we file or submit under
         the Securities Exchange Act of 1934 is recorded, processed,  summarized
         and reported  within the time periods  specified in the rules and forms
         of the Securities and Exchange Commission.  Based upon their evaluation
         of those controls and procedures  performed as of the end of the period
         covered by this  report,  our chief  executive  officer  and  principal
         financial officer concluded that our disclosure controls and procedures
         were adequate.

(b)      Changes in internal controls
         ----------------------------

         There were no significant  changes in our internal controls or in other
         factors that could  significantly  affect these controls  subsequent to
         the date of the  evaluation  of those  controls by the chief  executive
         officer and principal financial officer.


                           PART II - OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS

We are not involved in any lawsuits and are not aware of any pending litigation.

ITEM 2.  CHANGES IN SECURITIES AND USE OF PROCEEDS

None.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

Not applicable.

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

Not applicable.

ITEM 5.  OTHER INFORMATION

Not applicable.

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

(a) The following exhibits are filed as part of this report.

        Exhibit No.                     Document

         31.1     Certification  of Chief Executive  Officer and Chief Financial
                  Officer required by Rule  13a-14/15d-14(a)  under the Exchange
                  Act.





<PAGE>





         32.1     Certification  of Chief Executive  Officer and Chief Financial
                  Officer  pursuant  to  18  U.S.C.  Section  1350,  as  adopted
                  pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

(b) The following Report on Form 8-K was filed on August 23, 2004:

           Change in Registrant's Certifying Accountant.








<PAGE>




SIGNATURES

In accordance with the  requirements of the Exchange Act, the registrant  caused
this  report to be  signed on its  behalf  by the  undersigned,  thereunto  duly
authorized.


Date:  November 5, 2004                          HERITAGE MANAGEMENT, INC.

                                             By: /s/ E. Lee Murdock
                                                 -----------------------------
                                                   E. Lee Murdock,
                                                   Chief Executive Officer
                                                   and Chief Financial Officer







<PAGE>





                                                                      Exhibit 31
CERTIFICATION

I, E. Lee Murdock, certify that:

1. I have reviewed this report on Form 10-QSB of Heritage Management, Inc.

2.  Based on my  knowledge,  this  annual  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 annual
report;

3.  Based  on my  knowledge,  the  financial  statements,  and  other  financial
information  included  in this annual  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 annual 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  procedures,  or caused  such
     disclosure controls and procedures to be designed under our supervision, to
     ensure that material  information  relating to the small  business  issuer,
     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 small business  issuer's  disclosure
     controls and procedures and presented in this report our 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

     c)  disclosed  in this  report  any change in the small  business  issuer's
     internal  control over financial  reporting that occurred  during the small
     business  issuer's most recent fiscal quarter (the small business  issuer's
     fourth fiscal  quarter in the case of an annual report) that has materially
     affected,  or is reasonably likely to materially affect, the small business
     issuer's internal control over financial reporting;

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
     controls 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; and


Date:  November 5, 2004

/s/ E. Lee Murdock
------------------
    E. Lee Murdock
    Chief Executive Officer and Chief Financial Officer






<PAGE>



Exhibit 32

                            CERTIFICATION PURSUANT TO
                             18 U.S.C. SECTION 1350,
                             AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002


In  connection  with the  Quarterly  Report of Heritage  Management,  Inc.  (the
"Company")  on Form 10- QSB for the period  ending  September 30, 2004, as filed
with the Securities and Exchange  Commission on the date hereof (the  "Report'),
I, E. Lee Murdock, Chief Executive Officer of the Company,  certify, pursuant to
18 U.S.C. Section 1350, as adopted pursuant to Section 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.



/s/ E. Lee Murdock
------------------
    E. Lee Murdock
    Chief Executive Officer and Chief Financial Officer


November 5, 2004