UNITED STATES SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                   FORM 10-QSB

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

                For the quarterly period ended September 30, 2005

       [ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT

           For the transition period from ____________ to____________

                          Commission File No. 000-49671

                           BEAR LAKE RECREATION, INC.

        (Exact name of small business issuer as specified in its charter)

          NEVADA                                 87-0620495
           ------                                 ----------
(State or other jurisdiction of                (I.R.S. Employer I.D. No.)
incorporation or organization)


                           4685 S. Highland Drive #202
                           Salt Lake City, Utah 84117
                    (Address of principal executive offices)

                                 (801) 278-9424
                           (Issuer's telephone number)

                                       N/A
              (Former name, former address and former fiscal year,
                          if changed since last report)

Check whether the Company (1) filed all reports  required to be filed by Section
13 or 15(d) of the  Exchange  Act during the past 12 months (or for such shorter
period  that the Company was  required to file such  reports),  and (2) has been
subject to such filing requirements for the past 90 days. Yes [X] No [ ] Yes [X]
No [ ]

Indicate by check mark whether the registrant is an accelerated filer
(as defined in Rule 12b-2 of the Exchange Act). Yes      No  X
                                                   ----    ----

Indicate by check mark whether the registrant is a shell company
(as defined in Rule 12b-2 of the Exchange Act). Yes  X   No
                                                   ----    ----
<PAGE>

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

                                 Not applicable.

                      APPLICABLE ONLY TO CORPORATE ISSUERS

Indicate the number of shares outstanding of each of the Registrant's classes of
common stock, as of the latest practicable date:


                                October 28, 2005
                                4,374,200 shares

Transitional Small Business Disclosure Format (Check one):  Yes  X  No
                                                                ---   ---


                         PART I - FINANCIAL INFORMATION

Item 1. Financial Statements.

<TABLE>
<CAPTION>
                           Bear Lake Recreation, Inc.
                              (A Development Stage)
                             Condensed Balance Sheet
                               September 30, 2005
                                   (unaudited)

                                   ASSETS

<S>                                                                          <C>
 Current Assets
 Total Assets                                                                $                    0
                                                                               =====================

                   LIABILITIES AND STOCKHOLDERS' DEFICIT

 Liabilities
 Current Liabilities
       Accounts Payable                                                      $                2,025
       Related Party Payable                                                                 25,234
                                                                               ---------------------
 Total Current Liabilities                                                                   27,259
                                                                               ---------------------
 Total Liabilities                                                                           27,259
 Stockholders' Deficit
       Capital Stock -- 50,000,000 shares authorized having a
          par value of $.001 per share; 4,374,200 shares issued
          and outstanding                                                                     4,374
       Additional Paid-In Capital                                                            79,704
       Accumulated Deficit during the Development Stage                                    (111,337)
                                                                               ---------------------
 Total Stockholders' Deficit                                                                (27,259)
                                                                               ---------------------
 Total Liabilities and Stockholders' Deficit                                 $                    0
                                                                               =====================


</TABLE>




                        See accompanying notes to financial statements

                                              1

<PAGE>
<TABLE>
<CAPTION>
                           Bear Lake Recreation, Inc.
                          (A Development Stage Company)
                        Condensed Statement of Operations
         For the Three Month Periods Ending September 30, 2005, 2004 and
         the Period from Inception (10/22/98) through September 30, 2005
                                  (Unaudited)


                                                                               For the Period
                                             For the Three Months              from Inception
                                             Ended September 30,             (10/22/98) through
                                          2005                2004           September 30, 2005
                                     ----------------    ----------------   ---------------------

<S>                               <C>                  <C>                <C>
 Revenues                         $                0   $               0  $                1,396

 Cost of Goods Sold                                0                   0                     707

                                     ----------------    ----------------   ---------------------
 Gross Profit                                      0                   0                     689

 General & Administrative
        Expenses                               4,996               4,318                  92,315

                                     ----------------    ----------------   ---------------------
 Net Loss from Operations                     (4,996)             (4,318)                (91,626)

 Other Income (Expense)
        Write off of inventory                     0                   0                 (10,645)
        Loss on sale of assets                     0                   0                  (9,066)
                                     ----------------    ----------------   ---------------------
  Total Other Income (Expense)                     0                   0                 (19,711)

                                     ----------------    ----------------   ---------------------
 Net Loss Before Taxes                        (4,996)             (4,318)               (111,337)
        Income Taxes                               0                   0                       0
                                     ----------------    ----------------   ---------------------
 Net Loss                         $           (4,996) $           (4,318) $             (111,337)
                                     ================    ================   =====================

 Basic loss per share             $            (0.01)  $           (0.01) $                (0.07)
                                     ================    ================   =====================

 Weighted average number of
 common shares outstanding                 2,890,504           1,407,167               1,509,082
                                     ================    ================   =====================


</TABLE>





                             See accompanying notes to financial statements

                                                   2

<PAGE>
<TABLE>
<CAPTION>
                           Bear Lake Recreation, Inc.
                          (A Development Stage Compan)
                        Condensed Statement of Cash Flows
         For the Three Month Periods Ending September 30, 2005, 2004 and
         the Period from Inception (10/22/98) through September 30, 2005
                                  (Unaudited)

                                                                                                  For the Period
                                                              For the Three Months                from Inception
                                                               Ended September 30,              (10/22/98) through
                                                            2005                2004            September 30, 2005
                                                      -----------------    ----------------    ---------------------
<S>                                                 <C>                  <C>                 <C>
Cash Flows From Operating Activities
       Net income (loss)                            $           (4,996)  $          (4,318)  $             (111,337)
       Adjustments to reconcile net income (loss) to
         net cash provided by operating activities:
           Depreciation Expense                                      0                   0                    4,799
           Shares issued for services                            1,500               1,500                    3,000
           Loss on disposal of equipment                             0                   0                    9,066
           Write off of related party receivable                     0                   0                    1,000
           Write off of Website development costs                    0                   0                    8,877
           Write off of inventory                                    0                   0                   10,645
           (Increase)/decrease in:
               Inventory                                             0                   0                  (10,645)
           Increase/(decrease) in:
               Accounts Payable                                  2,025              (1,406)                   2,025
               Related Party Payables                            1,471               4,224                   25,234
                                                      -----------------    ----------------    ---------------------
 Net Cash From Operating Activities                                  0                   0                  (57,336)

 Cash Flows From Investing Activities
      Purchase of Property and Equipment                             0                   0                  (12,433)
      Website development costs                                      0                   0                  (10,309)
                                                      -----------------    ----------------    ---------------------
 Net Cash From Investing Activities                                  0                   0                  (22,742)

 Cash Flows From Financing Activities
       Stock offering costs                                          0                   0                   (6,072)
       Related-party Receivable                                      0                   0                   (1,000)
       Proceeds from issuance of common stock                        0                   0                   87,150
                                                      -----------------    ----------------    ---------------------
 Net Cash From Financing Activities                                  0                   0                   80,078

 Net Increase in Cash                                                0                   0                        0
 Beginning Cash Balance                                              0                  76                        0
                                                      -----------------    ----------------    ---------------------
 Ending Cash Balance                                $                0   $              76   $                    0
                                                      =================    ================    =====================

 Supplemental Disclosure Information
       Cash paid for interest                       $                0   $               0   $                    0
       Cash paid for taxes                          $                0   $               0   $                    0
</TABLE>

                                                3

<PAGE>
 5
                           Bear Lake Recreation, Inc.
                          [A Development Stage Company]
                     Condensed Notes to Financial Statements
                               September 30, 2005
                                   (Unaudited)

PRELIMINARY NOTE

     The accompanying  condensed financial statements have been prepared without
     audit, pursuant to the rules and regulations of the Securities and Exchange
     Commission. In the opinion of management,  the interim financial statements
     reflect all adjustments, consisting of normal recurring accruals, which are
     necessary  for a fair  statement  of the results  for the  period.  Certain
     information  and  disclosures  normally  included in  financial  statements
     prepared in accordance with generally accepted  accounting  principles have
     been condensed or omitted.  It is suggested that these condensed  financial
     statements be read in conjunction  with the financial  statements and notes
     thereto included in the Company's Annual Report on Form 10-KSB for the year
     ended June 30, 2005.

COMMON STOCK

     On September 29, 2005,  the Company issued  1,500,000  shares of its common
     stock, 500,000 to each of its three directors, for services rendered valued
     at $1,500 or $.001 per share.


<PAGE>



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

Plan of Operation.

     Our Company's  plan of operation for the next 12 months is to:(i)  consider
guidelines of industries in which our Company may have an interest; (ii) adopt a
business plan regarding engaging in business in any selected industry; and (iii)
to commence such  operations  through funding and/or the acquisition of a "going
concern" engaged in any industry selected.

     In addition,  the Company has submitted an application to the NASD Bulletin
Board.  As of the date of this  submission  of this  report  on Form  10QSB  our
Company is waiting for the Securities and Exchange  Commission to either comment
on our recent EDGAR  submissions  or declare they have no comment on our current
reporting  status  as  a  result  of  comments  received  on  our  Form  10SB12G
Registration  Statement that have not previously been answered.  Until such time
we will not be responding the NASD regarding  questions  received as a result of
our Form 211 application.

     Our Company's only foreseeable cash requirements  during the next 12 months
will relate to maintaining  our Company in good standing in the State of Nevada,
as well as legal and accounting  fees.  Management  does not anticipate that our
Company will have to raise additional funds during the next 12 months.

Results of Operations.

     Three  Months  Ended  September  30, 2005  compared to Three  Months  Ended
September 30, 2004.

     In the quarterly period ended September 30, 2005 and September 30, 2004, we
had no sales. General and administrative  expenses were $4,996 for the September
30, 2005 period compared to $4,318 for the September 30, 2004 period. We had net
loss of $4,996 for the  September  30,  2005  period  compared  to a net loss of
$4,318 for the September 30, 2004 period.


Liquidity and Capital Resources.

     Our  total  assets as of  September  30,  2005,  were $0. We do depend on a
shareholder  being able to loan us money to fund our attempt to get and maintain
our Company  current in its filings and if this  shareholder is not able to loan
us the money our  ability to continue  in our  attempt to get and  maintain  our
Company current would be substantially reduced.

Forward-Looking Statements.

The foregoing discussion contains forward-looking statements that discuss, among
other things, future expectations and projections regarding future developments,
operations and financial conditions. All forward-looking statements are based on
management's  existing  beliefs  about  present  and  future  events  outside of
management's  control and on assumptions that may prove to be incorrect.  If any
underlying  assumptions prove incorrect,  Birch  Financial's  actual results may
vary materially from those anticipated, estimated, projected or intended.

Item 3. Controls and Procedures.

     As of the end of the period  covered by this Quarterly  Report,  we carried
out an  evaluation,  under the  supervision  and with the  participation  of our
President and Secretary, of the effectiveness of the design and operation of our
disclosure controls and procedures.  Based on this evaluation, our President and
Chief Financial  Officer  concluded that our disclosure  controls and procedures
are effective at ensuring that information  required to be disclosed or filed by
us is recorded,  processed or summarized,  within the time periods  specified in
the rules and regulations of the Securities and Exchange  Commission.  It should
be noted that the design of any system of controls is based in part upon certain
assumptions about the likelihood of future events, and there can be no assurance
that any design will succeed in achieving  its stated goals under all  potential
future  conditions,  regardless  of how remote.  In  addition,  we reviewed  our
internal  controls over financial  reporting,  and there have been no changes in
our internal  controls or in other  factors in the last fiscal  quarter that has
materially affected our internal controls over financial reporting.
<PAGE>

                           PART II - OTHER INFORMATION

Item 1. Legal Proceedings.

None; not applicable.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

     On September 29, 2005,  the Company issued  1,500,000  shares of its common
stock,  500,000 to each of its three directors,  for services rendered valued at
$1,500 or $.001 per share.

Item 3. Defaults Upon Senior Securities.

None; not applicable.

Item 4. Submission of Matters to a Vote of Security Holders.

None; not applicable.

Item 5. Other Information.

None; not applicable.

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

(a) Exhibits.

31.1 302 Certification of Wayne Bassham

31.2 302 Certification of Todd Albiston

32 906 Certification

(b) Reports on Form 8-K.

None; not applicable

                                   SIGNATURES

In accordance  with the  requirements  of the Exchange Act, the  Registrant  has
caused  this  Quarterly  Report to be signed on its  behalf by the  undersigned,
thereunto duly authorized.

                           BEAR LAKE RECREATION, INC.

Date: 10/31/2005                          By:/s/Wayne Bassham
      ---------                             ------------------------
                                            Wayne Bassham
                                            President and Director

Date: 10/31/2005                          By:/s/Todd Albiston
      ---------                             ------------------------
                                            Todd Albiston,
                                            Secretary/Treasurer and Director