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UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, DC 20549

FORM 10-QSB

[X]
     Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934For the Quarterly Period Ended September 30, 2007OR[  ]
     Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934For the transition period from to


COMMISSION FILE NUMBER 000-51403LAYCOR VENTURES CORP.(Exact name of registrant as specified in its charter)

NEVADA(State of other jurisdiction of incorporation or organization)


1128 Quebec StreetSuite 407Vancouver, British ColumbiaCanada V6A 4E1(Address of principal executive offices)(604) 689-1453(Registrant's telephone number, including area code)

Indicate by check mark whether the registrant (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 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 Registrant is a Shell company. Yes [  ]   No [X]

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PART I. FINANCIAL INFORMATION

ITEM 1.      FINANCIAL STATEMENTS

LAYCOR VENTURES CORP.(An Exploration Stage Company)INTERIM BALANCE SHEETS(Unaudited)(Stated in U.S. Dollars)SEPTEMBER 30
     
     
     MARCH 312007
     
     
     2007(Audited)ASSETSCurrentCash and cash equivalents
     $
     27,117
     
     $
     32,045LIABILITIESCurrentAccounts payable and accrued liabilities
     $
     8,035
     
     $
     7,500STOCKHOLDERS EQUITYStock CapitalAuthorized:100,000,000 voting common shares with a par value of$0.001 per share100,000,000 preferred shares with a par value of $0.001per shareIssued:8,011,500 common shares at September 30, 2007and March 31, 2007
     
     8,012
     
     
     8,012Additional Paid-In Capital
     
     147,563
     
     
     147,563Deficit Accumulated During The Exploration Stage
     
     (136,493
     )
     
     (131,030
     )19,082
     
     
     24,545$
     27,117
     
     $
     32,045




The accompanying notes are an integral part of the financial statements.F-1-2-

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LAYCOR VENTURES CORP.(An Exploration Stage Company)INTERIM STATEMENTS OF OPERATIONS(Unaudited)(Stated in U.S. Dollars)CUMULATIVEPERIOD FROMINCEPTIONMARCH 23THREE MONTHS ENDED
     
     
     SIX MONTHS ENDED
     
     
     2004 TOSEPTEMBER 30
     
     
     SEPTEMBER 30
     
     
     SEPTEMBER 302007
     
     
     2006
     
     
     2007
     
     
     2006
     
     
     2007Revenue
     $
     -
     
     $
     -
     
     $
     -
     
     $
     -
     
     $
     -ExpensesAutomobile expenses
     
     -
     
     
     -
     
     
     -
     
     
     -
     
     
     42Consulting
     
     -
     
     
     -
     
     
     -
     
     
     2,500
     
     
     5,500Filing fees
     
     -
     
     
     -
     
     
     -
     
     
     400
     
     
     4,000General and administrative
     
     -
     
     
     -
     
     
     35
     
     
     -
     
     
     860Interest and bank charges
     
     20
     
     
     20
     
     
     64
     
     
     67
     
     
     430Mineral property acquisitionand exploration
     
     -
     
     
     -
     
     
     -
     
     
     -
     
     
     42,998Mineral claim renewal
     
     1,505
     
     
     -
     
     
     1,505
     
     
     -
     
     
     1,505Office expenses
     
     -
     
     
     -
     
     
     -
     
     
     -
     
     
     65Professional fees
     
     2,746
     
     
     4,700
     
     
     4,451
     
     
     6,280
     
     
     80,690Promotion and entertainment
     
     -
     
     
     -
     
     
     -
     
     
     -
     
     
     954Travel
     
     -
     
     
     -
     
     
     -
     
     
     -
     
     
     3,8064,271
     
     
     4,720
     
     
     6,055
     
     
     9,247
     
     
     140,850Loss Before Other Income
     
     4,271
     
     
     4,720
     
     
     6,055
     
     
     9,247
     
     
     140,850Other Income
     
     (298
     )
     
     (426
     )
     
     (592
     )
     
     (884
     )
     
     (4,356
     )Net Loss For The Period
     $
     3,973
     
     $
     4,294
     
     $
     5,463
     
     $
     8,363
     
     $
     136,493Basic And Diluted LossPer Share
     $
     0.00
     
     $
     0.00
     
     $
     0.00
     
     $
     0.00Weighted Average NumberOf Shares Outstanding
     
     8,011,500
     
     
     8,011,500
     
     
     8,011,500
     
     
     8,011,500




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

F-2

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LAYCOR VENTURES CORP.(An Exploration Stage Company)INTERIM STATEMENTS OF CASH FLOWS(Unaudited)(Stated in U.S. Dollars)CUMULATIVEPERIOD FROMINCEPTIONMARCH 23SIX MONTHS ENDED
     
     
     2004 TOSEPTEMBER 30
     
     
     SEPTEMBER 302007
     
     
     2006
     
     
     2007Cash Flow Provided By (Used In):Operating ActivitiesNet loss for the period
     $
     (5,463
     )
     $
     (8,363
     )
     $
     (136,493
     )Changes in non-cash working capital items:Accounts payable and accrued liabilities
     
     535
     
     
     (23,748
     )
     
     8,035Change in prepaid expenses
     
     -
     
     
     (352
     )
     
     -(4,928
     )
     
     (32,463
     )
     
     (128,458
     )Financing ActivitiesIssue of capital stock
     
     -
     
     
     -
     
     
     155,575Increase (Decrease) In Cash And Cash EquivalentsFor The Period
     
     (4,928
     )
     
     (32,463
     )
     
     27,117Cash And Cash Equivalents, Beginning Of Period
     
     32,045
     
     
     79,783
     
     
     -Cash And Cash Equivalents, End Of Period
     $
     27,117
     
     $
     47,320
     
     $
     27,117Cash And Cash Equivalents Are Comprised Of:Cash
     
     7,058
     
     $
     6,831Short term deposit
     
     20,059
     
     
     40,489$
     27,117
     
     $
     47,320Supplemental Disclosure Of Cash Flow Information:Interest paid
     $
     -
     
     $
     -
     
     $
     -Income taxes paid
     $
     -
     
     $
     -
     
     $
     -




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

F-3

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LAYCOR VENTURES CORP.(An Exploration Stage Company)NOTES TO INTERIM FINANCIAL STATEMENTSSEPTEMBER 30, 2007(Unaudited)(Stated in U.S. Dollars)

|1. | BASIS OF PRESENTATION                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|-- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|  
|   | Basis of Presentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|  
|   | The unaudited financial information furnished herein reflects all adjustments which, in the opinion of management, are necessary to fairly state the Companys financial position and the results of its operations for the periods presented. This report on Form 10-QSB should be read in conjunction with the Companys financial statements, and notes thereto, included in the Companys Form 10-KSB for the fiscal year ended March 31, 2007. The Company assumes that the users of the interim financial information herein have read, or have access to, the audited financial statements for the preceding fiscal year, and that the adequacy of additional disclosure needed for a fair presentation may be determined in that context. Accordingly, footnote disclosure, which would substantially duplicate the disclosure contained in the Companys Form 10-KSB for the fiscal year ended March 31, 2007, has been omitted. The results of operations for the six month period ended September 30, 2007 are not necessarily indicative of results for the entire year ending March 31, 2008.
|  
|   | Organization                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|  
|   | The Company was incorporated in the State of Nevada, U.S.A., on March 23, 2004.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|  
|   | Exploration Stage Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|  
|   | The Company has been in the exploration stage since its formation and has not yet realized any revenues from its planned operations. It is primarily engaged in the acquisition and exploration of mining claims. Upon location of a commercial minable reserve, the Company expects to actively prepare the site for its extraction and enter a development stage.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|  
|   | As shown in the accompanying interim financial statements, the Company has incurred a net loss of $136,493 for the period from inception, March 23, 2004 to September 30, 2007, and has no sales.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|  
|  
|2. | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|  
|   | The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States. Because a precise determination of many assets and liabilities is dependent upon future events, the preparation of financial statements for a period necessarily involves the use of estimates which have been made using careful judgement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|  



F-4

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LAYCOR VENTURES CORP.(An Exploration Stage Company)NOTES TO INTERIM FINANCIAL STATEMENTSSEPTEMBER 30, 2007(Unaudited)(Stated in U.S. Dollars)

|2. | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(Continued)                                                                                                                                                   
|-- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|  
|   | The financial statements have, in managements opinion, been properly prepared within reasonable limits of materiality and within the framework of the significant accounting policies summarized below:
|  
|   | a)                                                                                                                                                                                                      
|  
|   |                                                                                                                                                                                                         
|  
|   | b)                                                                                                                                                                                                      
|  
|   |                                                                                                                                                                                                         
|  
|   | c)                                                                                                                                                                                                      
|  
|   |                                                                                                                                                                                                         
|  
|   | d)                                                                                                                                                                                                      
|  
|   |                                                                                                                                                                                                         
|  
|   | e)                                                                                                                                                                                                      
|  
|   |                                                                                                                                                                                                         
|  

F-5

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LAYCOR VENTURES CORP.(An Exploration Stage Company)NOTES TO INTERIM FINANCIAL STATEMENTSSEPTEMBER 30, 2007(Unaudited)(Stated in U.S. Dollars)

|2. | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(Continued)                                                                                                                                                                                                                                                                                                                                         
|-- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|  
|   | f)                                                                                                                                                                                                                                                                                                                                                                                            
|  
|   |                                                                                                                                                                                                                                                                                                                                                                                               
|  
|   |                                                                                                                                                                                                                                                                                                                                                                                               
|   |                                                                                                                                                                                                                                                                                                                                                                                               
|   |                                                                                                                                                                                                                                                                                                                                                                                               
|  
|  
|3. | MINERAL CLAIM INTEREST                                                                                                                                                                                                                                                                                                                                                                        
|  
|   | The President on behalf of the Company holds 100% interest in mineral claims tenure 536686 and 536980 located in the Rock Creek area of the Greenwood Mining Division, British Columbia, Canada. Exploration activity of both mineral claims has been suspended due to government regulation. In fiscal year 2005, the Company spent $40,000 on the exploration of the Rock Creek, BC Project.
|  
|  
|4. | CAPITAL STOCK                                                                                                                                                                                                                                                                                                                                                                                 
|  
|   | In March 2004, the Company issued 5,000,000 common shares at $0.001 per share, for cash proceeds of $5,000.                                                                                                                                                                                                                                                                                   
|  
|   | On April 29, 2005, the Company closed a public offering and issued 3,011,500 common shares at $0.05 per share for total proceeds of $150,575.                                                                                                                                                                                                                                                 
|  





F-6

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LAYCOR VENTURES CORP.(An Exploration Stage Company)NOTES TO INTERIM FINANCIAL STATEMENTSSEPTEMBER 30, 2007(Unaudited)(Stated in U.S. Dollars)

|5. | ASSET RETIREMENT OBLIGATIONS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|-- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|  
|   | The Company has adopted SFAS No. 143,Accounting for Asset Retirement Obligations, which establishes a uniform methodology for accounting for estimated reclamation and abandonment costs. According to SFAS No. 143, the fair value of a liability for an asset retirement obligation (ARO) will be recognized in the period in which it is incurred if a reasonable estimate of fair value can be made. The ARO is capitalized as part of the carrying value of the assets to which it is associated, and depreciated over the useful life of the asset.
|  
|  
|6. | IMPAIRMENT OF LONG-LIVED ASSETS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|  
|   | In accordance with Statement of Financial Accounting Standards No. 144 (SFAS 144), Accounting for the Impairment or Disposal of Long-Lived Assets, the Company records impairment losses on long- lived assets used in operations when indicators of impairment are present and the undiscounted cash flows estimated to be generated by those assets are less than the assets carrying amount. In such cases, the amount of the impairment is determined based on the relative fair values of the impaired assets.                                 
|  
|  
|7. | COMMITMENTS AND CONTRACTUAL OBLIGATIONS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|  
|   | The Company has no significant commitments or contractual obligations with any parties respecting executive compensation, consulting arrangements or other matters. Rental of premises is on a month-to- month basis.                                                                                                                                                                                                                                                                                                                                    
|  











F-7

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ITEM 2.      MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

This section of this report includes a number of forward-looking statements that reflect our current views with respect to future events and financial performance. Forward-looking statements are often identified by words like: believe, expect, estimate, anticipate, intend, project and similar expressions, or words which, by their nature, refer to future events. You should not place undue certainty on these forward-looking statements, which apply only as of the date of this report. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or our predictions.

We are an exploration stage corporation and have not generated or realized any revenues from our business operations.

We have completed geological mapping and prospecting auger geochemical survey, rock sampling and control grid emplacement on the James Gang mineral claim.

We have not discovered mineralized material as of the date hereof.

We may attempt to interest other companies in the property.

If we are unable to complete exploration because we dont have enough money, we will cease operations until we raise more money. If we cant or dont raise more money, we will cease operations. If we cease operations, we dont know what we will do and we dont have any plans to do anything.

We do not intend to hire additional employees at this time. All of the work on the property will be conducted by unaffiliated independent contractors that we will hire. The independent contractors will be responsible for surveying, geology, engineering, exploration, and excavation. The geologists will evaluate the information derived from the exploration and excavation and the engineers will advise us on the economic feasibility of removing the mineralized material.

We have not been successful at raising additional funds or finding a partner to fund our exploration but in June 2006 as a cost saving measure the James Gang Claim (BC tenure number 408850) was cancelled effective July 6, 2006. Simultaneously a new claim (BC tenure number 536686) was staked that covers the same area/ground as the "old" James Gang Claim. Another adjoining claim (BC tenure number 536980) was also staked that covers ground to the north. The claims now cover 898 acres.

On February 5, 2007 we received a letter from the Ministry of Environment of British Columbia wherein they are proposing to designate 21 Wildlife Habitat Areas of which will overlap our mineral claim (tenure # 536686). As a result of this proposal we have decided to suspend exploration of the property. The claims are in good standing until July 6, 2007 (tenure #536686) and July 12, 2007 (tenure #536980). We have asked the Ministry of Environment to reimburse us $42,998, the exploration costs we have paid to date, however as of the date hereof, we have not received a reply.





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On June 13, 2007 we received notice from the Ministry of Environment of British Columbia that the Wildlife Habitat Area (WHA) is currently on hold until winter 2007 and could include a number of possible decisions based on new species information: proceeding with the existing boundaries, changing the boundaries or canceling the proposal. We have been informed that it is not the policy of the Ministry of Environment to provide compensation.

In July 2007 we decided to renew our claims being (Tenures #536686 and #536980) they are now in good standing until July 06, 2008. We have not heard back from the Ministry of Environment since June 13, 2007 so we have still decided to suspend exploration on hte properties.

Limited Operating History; Need for Additional Capital

There is no historical financial information about us upon which to base an evaluation of our performance. We are an exploration stage corporation and have not generated any revenues from operations. We cannot guarantee we will be successful in our business operations. Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources, possible delays in the exploration of the property, and possible cost overruns due to price and cost increases in services.

We have no assurance that future financing will be available to us on acceptable terms. If financing is not available on satisfactory terms, we may be unable to continue, develop or expand our operations. Equity financing could result in additional dilution to existing shareholders. We may seek equity financing to provide capital for further exploration.

Results of OperationsFrom Inception on March 23, 2004

We retained the services of a mining engineer to supervise our plan of operation. We have labeled his activities consulting services throughout this report. The mining engineer retained by us is an unrelated third party.

We are exploring one property containing two claims. We have suspended exploration pending a resolution of the Ministry of Environment's condemnation plan.

Liquidity and Capital Resources

As of the date of this report, we have yet to generate any revenues from our business operations.

We issued 5,000,000 shares of common stock through a Section 4(2) offering in March 2004. This was accounted for as a purchase of shares of common stock.

We issued 3,011,500 shares of common stock through our public offering declared effective on February 11, 2005 and raised $150,575. This was accounted for as a purchase of shares of common stock.





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As of September 30, 2007, our total assets were $27,117 and our total liabilities were $8,035. We had cash and cash equivalents of $27,117.

At September 30, 2007, we had working capital of $19,082 compared to a working capital of $44,272 at September 30, 2006.

We have no long-term debt and do not regard long-term borrowing as a good, prospective source of financing.

ITEM 3.      CONTROLS AND PROCEDURES.

Evaluation of Disclosure Controls and Procedures- Our Principal Executive Officer and Principal Financial Officer, after evaluating the effectiveness of our disclosure controls and procedures (as defined in Rule 13a-15(e) and 15d-15(e) under the Exchange Act) as of the end of the period covered by this report, have concluded that, based on the evaluation of these controls and procedures, that our disclosure controls and procedures were effective

PART II. OTHER INFORMATION

ITEM 2.      USE OF PROCEEDS

On February 11, 2005, the Securities and Exchange Commission declared our Form SB-2 registration statement effective (SEC file no. 333-116229). Under the terms of our Form SB-2 registration statement, we are offering, without the assistance of an underwriter, up to a total of 4,000,000 shares of common stock on a self-underwritten basis, 2,000,000 shares minimum, 4,000,000 shares maximum. The offering price is $0.05 per share. On April 5, 2005, we completed our public offering by raising $150,575 and sold 3,011,500 shares of our common stock at an offering price of $0.05 per share. From the period February 11, 2005 to September 30, 2007, we spent the following:

Consulting Services
     $
     31,750Core Drilling
     $
     5,400Analyzing Samples
     $
     5,350Accounting
     $
     32,085Legal
     $
     22,017Services
     $
     NoneTOTAL
     $
     96,602








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ITEM 6.      EXHIBITS.

The following Exhibits are attached hereto:

|Exhibit | Document Description                                                                    
|------- | ----------------------------------------------------------------------------------------
|       
|31.1    | Certification of Principal Executive Officer and Principal Financial Officer pursuant to
|        | Rule 13a-15(a) and Rule 15d-15(a), promulgated under the Securities Exchange Act of     
|        | 1934, as amended.                                                                       
|       
|32.1    | Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of 
|        | the Sarbanes-Oxley Act of 2002 (Chief Executive Officer and Chief Financial Officer).   





























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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 on this 13thday of November, 2007.

LAYCOR VENTURES CORP.(Registrant)BY:
     ROBERT WAYNE MORGANRobert Wayne MorganPresident, Principal Executive Officer,Secretary/Treasurer, Principal FinancialOfficer, Principal Accounting Officer and solemember of the Board of Directors




























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EXHIBIT INDEX

|Exhibit | Document Description                                                                    
|------- | ----------------------------------------------------------------------------------------
|       
|31.1    | Certification of Principal Executive Officer and Principal Financial Officer pursuant to
|        | Rule 13a-15(a) and Rule 15d-15(a), promulgated under the Securities Exchange Act of     
|        | 1934, as amended.                                                                       
|       
|32.1    | Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of 
|        | the Sarbanes-Oxley Act of 2002 (Chief Executive Officer and Chief Financial Officer).   

































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