SECURITIES AND EXCHANGE COMMISSION
             WASHINGTON, D.C. 20549

                     FORM 10-QSB

[x]     Quarterly Report Pursuant to Section 13 or 15(d) Securities
Exchange Act of 1934 for Quarterly Period Ended March 31, 2005

-OR-

[ ]     Transition Report Pursuant to Section 13 or 15(d) of the
Securities And Exchange Act of 1934 for the transaction period from
_________ to________

Commission File Number      0-50773


            Creative Beauty Supply of New Jersey Corporation
                 (Exact name of Small Business Issuer
                            in its charter)

   New Jersey                       56-2415252
 (State or other jurisdiction      (I.R.S. Employer
of incorporation or organization)  Identification
                                      number)

   380 Totowa Road
     Totowa, NJ                          07512
(Address of principal executive offices) (Zip Code)

Registrant's Telephone number, including area code:
(973) 904-0004


Check whether the issuer (1) 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 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 [   ]

The number of outstanding shares of the registrant's common stock,
March 31, 2005:

  Common Stock  -  3,494,650









<PAGE>2

                                  PART I
Item I - FINANCIAL STATEMENTS

            CREATIVE BEAUTY SUPPLY OF NEW JERSEY CORPORATION
                             BALANCE SHEETS

                                               MARCH 31,  DECEMBER 31,
                                                 2005         2004
                                              ----------   ----------
                                             (UNAUDITED)    (AUDITED)
                    ASSETS

CURRENT ASSETS:
  Cash and cash equivalents                   $  194,185   $  213,341
  Marketable securities                           33,000       67,000
  Accounts receivable                              1,280        1,367
  Inventory                                       62,041       58,059
  Prepaid expenses                                   381          739
                                              ----------   ----------
    TOTAL CURRENT ASSETS                         290,887      340,506

PROPERTY AND EQUIPMENT, net                        4,873        5,198
                                              ----------   ----------
TOTAL ASSETS                                  $  295,760   $  345,704
                                              ==========   ==========

          LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES:
  Accounts payable - trade                    $   29,946   $   28,660
  Accrued salaries                                32,500       25,000
  Payroll taxes payable                            3,206        3,246
  Accrued expenses                                 3,805        3,389
                                              ----------   ----------
    TOTAL CURRENT LIABILITIES                     69,457       60,295
                                              ----------   ----------

STOCKHOLDERS' EQUITY
  Preferred stock, par value $.001,
   authorized 10,000,000 shares, issued
   and outstanding -0- shares                          -            -
  Common stock, par value $.001,
   authorized 100,000,000 shares, issued
    and outstanding 3,494,650 shares               3,495        3,495
  Additional paid-in-capital                     501,646      501,646
  Accumulated deficit                           (104,838)     (81,732)
  Accumulated other comprehensive loss          (172,000)    (138,000)
                                              ----------   ----------
    TOTAL STOCKHOLDERS' EQUITY                   228,303      285,409
                                              ----------   ----------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY    $  297,760   $  345,704
                                              ==========   ==========

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

<PAGE>3

            CREATIVE BEAUTY SUPPLY OF NEW JERSEY CORPORATION
        STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)
           FOR THE THREE MONTHS ENDED MARCH 31, 2005 AND 2004

                               (UNAUDITED)

                                                 2005         2004
                                              ----------   ----------

Net sales                                     $   31,666   $   44,729
Cost of Sales                                     24,858       34,645
                                              ----------   ----------
Gross Profit                                       6,808       10,084
                                              ----------   ----------

Operating Expenses:
  Salaries - officers                              7,880        7,860
  Employee benefits                                3,262        2,997
  Professional fees                               11,290        7,165
  Rent                                             4,050        3,900
  Other general and administrative                 6,384        5,677
                                              ----------   ----------
    Total Operating Expenses                      32,866       27,599
                                              ----------   ----------

Loss from operations                             (26,058)     (17,515)

Other income:
  Interest income                                    952        1,213
                                              ----------   ----------
Net Loss                                         (25,106)     (16,302)

Other comprehensive income (loss), net of taxes:
  Unrealized holding gain (loss) arising
   during the period, net of income taxes of
   $0 for 2005 and $129,000 for 2004             (34,000)     171,000
                                              ----------   ----------
Total Comprehensive Income (Loss)             $  (59,106)  $  154,698
                                              ==========   ==========

Earning (loss) per share:
  Basic and diluted net loss per common share $    (0.01)  $        -
                                              ==========   ==========
  Basic and diluted weighted average common
   shares outstanding                          3,494,650    3,494,650
                                              ==========   ==========





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

<PAGE>4

            CREATIVE BEAUTY SUPPLY OF NEW JERSEY CORPORATION
                        STATEMENTS OF CASH FLOWS
           FOR THE THREE MONTHS ENDED MARCH 31, 2005 AND 2004

                              (UNAUDITED)

                                                 2005         2004
                                              ----------   ----------
Cash Flows from Operating Activities:
  Cash received from customers                $   31,753   $   44,687
  Cash paid to suppliers and employees           (51,861)     (39,564)
  Interest received                                  952        1,213
  Interest paid                                        -            -
  Income taxes paid                                    -            -
                                              ----------   ----------
    Net cash (used) provided by operating
     activities                                  (19,156)       6,336
                                              ----------   ----------
Cash Flows from Investing Activities:                  -            -
                                              ----------   ----------
Cash Flows from Financing Activities:                  -            -
                                              ----------   ----------

NET (DECREASE)INCREASE IN CASH AND CASH
 EQUIVALENTS                                     (19,156)       6,336

CASH AND CASH EQUIVALENTS-beginning of period    213,341      256,668
                                              ----------   ----------
CASH AND CASH EQUIVALENTS-end of period       $  194,185   $  263,004
                                              ==========   ==========


RECONCILIATION OF NET LOSS TO NET CASH (USED) PROVIDED BY OPERATIONS:

Net loss                                      $  (25,106)  $  (16,302)

Adjustments to reconcile net loss to net
cash (used) provided by operating activities:
  Depreciation                                       325          325
  Decrease (increase) in accounts receivable          87          (42)
  (Increase) decrease in inventory                (3,982)       7,172
  Decrease in prepaid expenses                       358          650
  Increase in accounts payable and accrued
   expenses                                        9,162       14,533
                                              ----------   ----------
Net cash (used) provided by operating
 activities                                   $  (19,156)  $    6,336
                                              ==========   ==========



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


<PAGE>5

            CREATIVE BEAUTY SUPPLY OF NEW JERSEY CORPORATION
                     NOTES TO FINANCIAL STATEMENTS
                        MARCH 31, 2005 AND 2004

1.  THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Nature of Business

Creative Beauty Supply of New Jersey Corporation  (the "Company ") was
incorporated in the State of New Jersey on October 1, 2003.  It was
formed pursuant to a resolution of the board of directors of Creative
Beauty Supply, Inc., ("CBS") as a wholly-owned subsidiary of that
company, a publicly traded New Jersey corporation.  On January 1, 2004,
the assets and liabilities of CBS were contributed at book value to the
Company, and this subsidiary was then spun-off by CBS to its
stockholders, subject to the Company's current registration statement
on Form 10-SB being declared effective.  This spin-off was consummated
in contemplation of a merger between CBS and Global Digital Solutions,
Inc. (Global), a Delaware corporation.  The merger occurred on March
19, 2004 whereby the former shareholders of CBS became the owners of
100 percent of the common stock of the Company.  In addition, on
January 1, 2004, the Company commenced operations in the beauty supply
industry at both the wholesale and retail levels.

The Company is located in Totowa, New Jersey and sells cosmetic and
beauty supplies to the general public and beauty salons in northern and
central New Jersey.

Interim Financial Statement Presentation

The Company has a calendar reporting year ending on December 31, of
which the balance sheet data for December 31, 2004 was derived from
audited financial statements but does not include all disclosures
required by generally accepted accounting principles.  In the opinion
of management, the accompanying unaudited financial statements contain
all normal and recurring adjustments necessary to present fairly the
financial position of the Company as of March 31, 2005, its results of
operations for the three months ended March 31, 2005 and 2004 and its
cash flows for the three months ended March 31, 2005 and 2004.

The statements of operations for the three months ended March 31, 2005
and 2004 are not necessarily indicative of the results for the full
year.

While the Company believes that the disclosures presented are adequate
to make the information not misleading, these financial statements
should be read in conjunction with the financial statements and
accompanying notes included in the Company's Annual Report on Form 10-
KSB for the nine months ended December 31, 2004.

Investments in Available-For-Sale Securities

The Company considers its investments in equity securities as
available-for-sale and has therefore reflected the investment at fair
value in the accompanying financial statements.  Realized gains and

<PAGE>6

            CREATIVE BEAUTY SUPPLY OF NEW JERSEY CORPORATION
                     NOTES TO FINANCIAL STATEMENTS
                        MARCH 31, 2005 AND 2004

1.  THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(continued)

losses are recorded in income.  Changes in unrealized gains or losses
are excluded from earnings (loss) and reported as a component of other
comprehensive income (loss) in the stockholders' equity section of the
balance sheet.

Inventory

Inventory consists of finished goods. For interim reporting purposes,
the Company calculates its inventory using the gross profit of the
immediate previous calendar year.

Earning (Loss) Per Share

The Company computes earnings (loss) per share in accordance with
Statement of Financial Accounting Standards No. 128 (SFAS 128), which
requires the presentation on the face of the income statement "basic"
earnings per share and "diluted" earnings per share.  Basic earnings
per share is computed by dividing the net income (loss) available to
common stockholders by the weighted average number of common shares
outstanding.  Diluted earnings per share reflects the potential
dilution that could occur if securities or other agreements to issue
common stock were exercised or converted into common stock.  Diluted
earnings per share is computed based upon the weighted average number
of common shares and dilutive common equivalent shares outstanding,
which includes convertible debentures, stock options and warrants.

Comprehensive Income (Loss)

The Company reports components of comprehensive income (loss) under the
requirements of SFAS 130, "Reporting Comprehensive Income".  SFAS 130
establishes rules for the reporting of comprehensive income or loss and
its components which require that certain items be presented as
separate components of stockholders' equity.  For the periods
presented, the Company's other comprehensive income (loss) consisted
solely of unrealized gains (losses) from marketable securities
available for sale.




<PAGE>7

            CREATIVE BEAUTY SUPPLY OF NEW JERSEY CORPORATION
                     NOTES TO FINANCIAL STATEMENTS
                        MARCH 31, 2005 AND 2004

2.  MARKETABLE SECURITIES

The cost and fair value of marketable equity securities that are
available-for-sale are as follows at March 31, 2005 and December 31,
2004:

                                               March 31,  December 31,
                                                 2005         2004
                                              ----------   ----------
                                              (Unaudited)   (Audited)
     Cost                                     $  205,000   $  205,000
     Gross unrealized loss                      (172,000)     138,000)
                                              ----------   ----------
     Fair value                               $   33,000   $   67,000
                                              ==========   ==========

The unrealized appreciation (depreciation) of marketable equity
securities reported as accumulated other comprehensive income (loss) at
March 31, 2005 and December 31, 2004 are as follows:
                                               March 31,  December 31,
                                                 2005         2004
                                              ----------   ----------
                                              (Unaudited)   (Audited)
     Net unrealized loss                      $ (172,000)  $ (138,000)
     Deferred income taxes                             -            -
                                              ----------   ----------
                                              $ (172,000)  $ (138,000)
                                              ==========   ==========

The marketable securities have been in a loss position for less than
twelve months.  Management believes the unrealized loss is of a
temporary nature as the market value of the securities has been
volatile over time.  Management will periodically evaluate the value of
such securities and record an impairment loss if the value does not
recover.

3.  SALES

Wholesale sales consist of sales to beauty salons of merchandise for
resale.  Sales of merchandise to beauty salons for their own
consumption and not for resale are considered retail sales. All sales
to the general public are also considered retail sales.




<PAGE>8

            CREATIVE BEAUTY SUPPLY OF NEW JERSEY CORPORATION
                     NOTES TO FINANCIAL STATEMENTS
                        MARCH 31, 2005 AND 2004

3.  SALES (continued)

Net sales for the three months ended March 31, 2005 and 2004 are
summarized as follows:

                                                 2005         2004
                                              ----------   ----------
     Retail                                   $   20,938   $   21,424
     Wholesale                                    10,728       23,305
                                              ----------   ----------
                                              $   31,666   $   44,729
                                              ==========   ==========

4.  SUPPLIER CONCENTRATION

For the three months ended March 31, 2005 and 2004, the Company
purchased approximately 56 percent and 45 percent, respectively of its
products from one supplier.  Management believes that other suppliers
could provide similar products on comparable terms.  A change in
suppliers, however, could cause a delay in merchandise and possible
loss of sales that could affect operating results.





<PAGE>9

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

Trends and Uncertainties.  Demand for Creative NJ's products will be
dependent on, among other things, market acceptance of Creative NJ's
concept and general economic conditions, which are cyclical in nature.
Inasmuch as all of Creative NJ's activities are the receipt of revenues
from the sales of its products, Creative NJ's business operations may
be adversely affected by Creative NJ's competitors.

Capital and Source of Liquidity.

Creative NJ had cash and cash equivalents of $194,185, a decrease of
$19,156 from the cash and cash equivalents balance of $213,341 at March
31, 2004.   Cash used in operating activities totaled $19,156.   The
primary reason for the decrease was the loss for the period, somewhat
offset by the increase in accounts payable and accrued expenses.

For the three months ended March 31, 2005 and 2004, Creative NJ did not
have net cash flows from financing activities.

Investments in Available For Sale Securities consist of an investment
in 200,000 common shares of Ram Venture Holdings Corp., a publicly
trading company listed on NASD Bulletin Board and subscriptions for
100,000 shares of common stock of Proguard Acquisitions, Corp., a non-
public company with a cost of $5,000.  The unrealized loss of $172,000
is the difference between the fair market value of the common stock
owned as determined by the closing market price per share on March 31,
2005 and the cost of the investment that was $200,000.

Management believes the unrealized loss is of a temporary nature as the
market value of RAM Venture has been volatile.   Management will
periodically evaluate the value of RAM Venture and record an impairment
loss if the value does not recover.

For the three months ended March 31, 2005 and 2004, Creative NJ did not
have net cash flow from investing activities.

Results of Operations.

Creative NJ sells approximately 1,000 different products at varying
mark ups ranging from 20 to 40 percent.

For the three months ended March 31, 2005, Creative NJ had net sales of
$31,666 and cost of sales of $24,858 resulting in gross profit of
$6,808.

For the three months ended March 31, 2005 Creative NJ had operating
expenses of $32,866.   A majority of these expenses consisted of those
necessary to conduct our business.   We paid $11,290 for professional
fees necessary to become a reporting company.

For the three months ended March 31, 2004, Creative NJ had net sales of
$44,729 and cost of sales of $34,645 resulting in gross profit of
$10,084.

<PAGE>10

For the three months ended March 31, 2004, Creative NJ had operating
expenses of $27,599.   A majority of these expenses consisted of those
necessary to conduct our business.   We paid $7,165 for professional
fees necessary to become a reporting company.

Plan of Operation.  During the next twelve months, Creative NJ may
obtain new product lines by negotiating with various manufacturers.
Creative NJ does not intend to hire any additional employees.

To date, no product lines have been identified and no timeframes
established or cash needs defined.

Creative NJ is not delinquent on any of its obligations even though
Creative NJ has had limited operating revenues.   Creative NJ intends
to market its products utilizing cash made available from the sale of
its products.   Creative NJ is of the opinion that revenues from the
sales of its products will be sufficient to pay its expenses.

Creative NJ does not have nor does it intend to have pension and/or
other post-retirement benefits in the future.

Creative NJ does not have any or intends to have any derivative
instruments or hedging activities.

Critical Accounting Policies

The preparation of financial statements and related disclosures in
conformity with accounting principles generally accepted in the United
States of America requires management to make judgments, assumptions
and estimates that affect the amounts reported in Creative NJ's
financial statements and the accompanying notes.   The amounts of
assets and liabilities reported in our balance sheets and the amounts
of revenues and expenses reported for each of our fiscal periods are
affected by estimates and assumptions which are used for, but not
limited to, the accounting for allowance for doubtful accounts, fair
market values of marketable securities, asset impairments, inventory
and income taxes.   Actual results could differ from these estimates.

The following critical accounting policies are significantly affected
by judgments, assumptions and estimates used in the preparation of the
financial statements.

Revenue is recognized when earned in accordance with applicable
accounting standards.  Net sales are recognized at the time products
are shipped to customers.   Over-the-counter sales are recorded at
point of sale.

Creative NJ has elected to classify all of its investments in equity
securities as available-for-sale and report them at fair value.
Realized gains and losses are recorded in earnings (loss) and changes
in the unrealized gain or loss is excluded from earnings (loss) and
reported as a component of other comprehensive income (loss).


<PAGE>11

Creative NJ's inventory consists of finished goods.   For interim
reporting purposes, Creative NJ calculates its inventory value using
the gross profit method of the immediate previous calendar year.

Forward-Looking Statements

This Form 10-QSB contains forward-looking statements within the
meaning of the federal securities laws.   These statements include
those concerning the following:  Our intentions, beliefs and
expectations regarding the fair value of all assets and liabilities
recorded; our strategies; growth opportunities; product development
and introduction relating to new and existing products; the
enterprise market and related opportunities; competition and
competitive advantages and disadvantages; industry standards and
compatibility of our products; relationships with our employees; our
facilities, operating lease and our ability to secure additional
space; cash dividends; excess inventory, our expenses; interest and
other income; our beliefs and expectations about our future success
and results; our operating results; our belief that our cash and
cash equivalents will be sufficient to satisfy our anticipated cash
requirements; our expectations regarding our revenues and customers;
investments and interest rates.   These statements are subject to
risk and uncertainties that could cause actual results and events to
differ materially.

Creative NJ undertakes no obligation to update forward-looking
statements to reflect events or circumstances occurring after the
date of this Form 10-QSB.

Item 3.  Controls and Procedures.

Evaluation of Disclosure Controls and Procedures

Carmine Catizone, the chief executive officer and Daniel Generelli, the
chief financial officer of Creative NJ have made an evaluation of the
disclosure controls and procedures relating to the financial statements
of Creative NJ for the three months ended March 31, 2005 and have
judged such controls and procedures to be effective as of March 31,
2005(the evaluation date).

Changes in Internal Controls

There have been no significant changes (including corrective actions
with regard to significant deficiencies or material weaknesses) in our
internal controls or in other factors that could significantly affect
these controls subsequent to the Evaluation Date set forth above.

PART II - OTHER INFORMATION

Item 1. Legal Proceedings. not applicable.
Item 2. Changes in Securities and Use of Proceeds.
          not applicable.



<PAGE>12

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)   Reports on Form 8-K.
(b)   Exhibits.
       Exhibit 31 - Certifications pursuant to
Section 302 of the Sarbanes-Oxley Act of 2002
       Exhibit 32 - Certifications pursuant to
Section 906 of the Sarbanes-Oxley Act of 2002



<PAGE>13

                  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 thereunto duly authorized.

Dated:  May 13, 2005

CREATIVE BEAUTY SUPPLY OF NEW JERSEY CORPORATION

By: /s/ Carmine Catizone
---------------------------
Carmine Catizone, President and Director