UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 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        June 30, 2005
                                      -----------------------

[ ]   Transition Report pursuant to 13 or 15(d) of the Securities Exchange
      Act of 1934

      For the transition period                       to
                                    ------------------   --------------------

      Commission File Number      001-31669
                             -----------------

                                    TARI INC.
    ------------------------------------------------------------------------
        (Exact name of small Business Issuer as specified in its charter)

                   Nevada                             98-03048905
       ---------------------------------     -----------------------------
        (State or other jurisdiction of    (IRS Employer Identification No.)
         incorporation or organization)

                        700 West Pender Street, Suite 802
                   Vancouver, British Columbia, Canada V6C 1G8
                    (Address of principal executive offices)

                                 (604) 685-3317
               Registrant's telephone number, including area code


                                   None
    -----------------------------------------------------------------------
(Former  name,  former  address  and  former  fiscal year, if changed since last
                                    report)

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 issuer was  required to file such
reports),  and (2) has been subject to such filing  requirements for the past 90
days [X] Yes [ ] No

State the number of shares outstanding of each of the issuer's classes of common
stock, as of the latest  practicable date:  3,890,000 shares of $0.001 par value
common stock outstanding as of August 15, 2005

<page>
                                    TARI INC.
                        (A Pre-exploration Stage Company)
                           INTERIM FINANCIAL STATEMENTS
                                  June 30, 2005
                             (Stated in US Dollars)
                                   (Unaudited)
                                   -----------



<page>
                                    TARI INC.
                        (A Pre-exploration Stage Company)
                             INTERIM BALANCE SHEETS
                        June 30, 2005 and March 31, 2005
                             (Stated in US Dollars)
                                   (Unaudited)
                                    ---------
<table>
                                                                                   June 30,           March 31,
                                                     ASSETS                          2005                2005
                                                     ------                          ----                ----

                                                                            <c>                 <c>
Current
    Cash                                                                      $           1,461   $           2,458
                                                                              =================   =================

                                                    LIABILITIES
                                                    -----------
Current
    Accounts payable and accrued liabilities - Note 4                         $          21,865   $          15,245
    Due to related party - Note 4                                                        12,155               2,155
                                                                              -----------------   -----------------

                                                                                         34,020              17,400
                                                                              -----------------   -----------------

                                              STOCKHOLDERS' DEFICIENCY
                                              ------------------------
Preferred stock, $0.001 par value
         10,000,000  shares authorized, none outstanding
Common stock, $0.001 par value
        100,000,000  shares authorized
          3,890,000  (June 30, 2005:  3,890,000) shares issued                            3,890               3,890
Additional paid-in capital                                                               90,610              90,610
Deficit accumulated during the pre-exploration stage                                   (127,059)           (109,442)
                                                                              -----------------   -----------------

                                                                                        (32,559)            (14,942)
                                                                              -----------------   -----------------

                                                                              $           1,461   $           2,458
                                                                              =================   =================
</table>

                             SEE ACCOMPANYING NOTES

<page>
                                    TARI INC.
                        (A Pre-exploration Stage Company)
                        INTERIM STATEMENTS OF OPERATIONS
                       for the three months ended June 30,
                  2005 and 2004 and for the period May 2, 2001
                    (Date of Incorporation) to June 30, 2005
                             (Stated in US Dollars)
                                   (Unaudited)
                                   -----------

<table>
<caption>
                                                                                                     May 2, 2001
                                                                                                      (Date of
                                                                                                   Incorporation)
                                                                                                         to
                                                                  Three months ended June 30,         June 30,
                                                                    2005              2004              2005
                                                                    ----              ----              ----

                                                            <c>              <c>                <c>
Expenses
    Audit and accounting fees                                 $          3,895  $            692  $         31,768
    Bank charges                                                            76                75               906
    Consulting fees                                                          -                 -            15,500
    Incorporation costs                                                      -                 -               900
    Legal fees                                                               -                 -            29,768
    Management fees - Note 4                                             1,500                 -             6,000
    Mineral lease costs - Note 3                                        10,217               221            27,465
    Office expenses                                                      1,200                 -             5,186
    Transfer agent and filing fees                                         729             1,537             9,566
                                                              ----------------  ----------------  ----------------

Net loss for the period                                       $        (17,617) $         (2,525) $       (127,059)
                                                              ================  ================  ================

Basic loss per share                                          $         (0.00)  $         (0.00)
                                                              ===============   ===============

Weighted average number of shares outstanding                        3,890,000         3,890,000
                                                              ================  ================
</table>


                             SEE ACCOMPANYING NOTES

<page>

                                    TARI INC.
                        (A Pre-exploration Stage Company)
                        INTERIM STATEMENTS OF CASH FLOWS
                       for the three months ended June 30,
                  2005 and 2004 and for the period May 2, 2001
                    (Date of Incorporation) to June 30, 2005
                             (Stated in US Dollars)
                                   (Unaudited)
                                   -----------
<table>
<caption>
                                                                                                      May 2, 2001
                                                                                                       (Date of
                                                                                                    Incorporation)
                                                                                                          to
                                                                   Three months ended June 30,         June 30,
                                                                     2005              2004              2005
                                                                     ----              ----              ----

                                                             <c>               <c>               <c>
Cash Flows used in Operating Activities
    Net loss for the period                                    $       (17,617)  $        (2,525)  $      (127,059)
    Change in non-cash working capital item related to
 operations:
      Accounts payable and accrued liabilities                           6,620            (1,055)           21,865
                                                               ---------------   ---------------   ---------------

                                                                       (10,997)           (3,580)         (105,194)
                                                               ---------------   ---------------   ---------------

Cash Flows provided by Financing Activities
    Proceeds from shares issued                                              -                 -            94,500
    Due to related party                                                10,000                 -            12,155
                                                               ---------------   ---------------   ---------------

                                                                        10,000                 -           106,655
                                                               ---------------   ---------------   ---------------

Increase (decrease) in cash during the period                             (997)           (3,580)            1,461

Cash, beginning of the period                                            2,458            17,698                 -
                                                               ---------------   ---------------   ---------------

Cash, end of the period                                        $         1,461   $        14,118   $         1,461
                                                               ===============   ===============   ===============

Supplemental disclosure of cash flow information: Cash paid for:
      Interest                                                 $             -   $             -   $             -
                                                               ===============   ===============   ===============

      Income taxes                                             $             -   $             -   $             -
                                                               ===============   ===============   ===============
</table>

                             SEE ACCOMPANYING NOTES

<page>

                                    TARI INC.
                        (A Pre-exploration Stage Company)
             INTERIM STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIENCY)
                           for the period May 2, 2001
                    (Date of Incorporation) to June 30, 2005
                             (Stated in US Dollars)
                                   (Unaudited)
                                   -----------

<table>
<caption>
                                                                                               Deficit
                                                                                             Accumulated
                                                                           Additional        During the
                                               Common Shares                Paid-in        Pre-exploration
                                     -----------------------------------
                                          Number          Par Value         Capital             Stage             Total

                                  <c>               <c>               <c>              <c>                 <c>
Capital stock issued for cash
                      - at $0.01            2,500,000 $          2,500  $         22,500 $              -    $         25,000
Net loss for the period ended
 March 31, 2002                                     -                -                 -          (39,696)            (39,696)
                                     ---------------- ----------------  ---------------- ----------------    ----------------

Balance, March 31, 2002                     2,500,000            2,500            22,500          (39,696)            (14,696)
Capital stock subscribed
 pursuant to an offering
 memorandum for cash
                      - at $0.05            1,390,000            1,390            68,110                -              69,500
Net loss for the year ended
 March 31, 2003                                     -                -                 -          (27,653)            (27,653)
                                     ---------------- ----------------  ---------------- ----------------    ----------------

Balance, March 31, 2003                     3,890,000            3,890            90,610          (67,349)             27,151
Net loss for the year ended
 March 31, 2004                                     -                -                 -          (17,858)            (17,858)
                                     ---------------- ----------------  ---------------- ----------------    ----------------

Balance, March 31, 2004                     3,890,000            3,890            90,610          (85,207)              9,293
Net loss for the year ended
 March 31, 2005                                     -                -                 -          (24,235)            (24,235)
                                     ---------------- ----------------  ---------------- ----------------    ----------------

Balance as at March 31, 2005                3,890,000            3,890            90,610         (109,442)            (14,942)
Net loss for the period                             -                -                 -          (17,617)            (17,617)
                                     ---------------- ----------------  ---------------- ----------------    ----------------

Balance as at June 30, 2005                 3,890,000 $          3,890  $         90,610 $       (127,059)   $        (32,559)
                                     ================ ================  ================ ================    ================
</table>


                             SEE ACCOMPANYING NOTES

<page>

                                    Tari Inc.
                        (A Pre-exploration Stage Company)
                        Notes to the Financial Statements
                                  June 30, 2005
                             (Stated in US Dollars)
                                  (Unaudited)
                              --------------------

Note 1        Interim Reporting
              -----------------
              While information  presented in the accompanying interim financial
              statements is unaudited,  it includes all adjustments,  which are,
              in the  opinion of  management,  necessary  to present  fairly the
              financial  position,  results of operations and cash flows for the
              interim  period  presented.   All  adjustments  are  of  a  normal
              recurring  nature.  It is suggested  that these interim  financial
              statements be read in  conjunction  with the  Company's  March 31,
              2005 financial statements. Operating results from the period ended
              June 30, 2005 are not  necessarily  indicative of the results that
              can be expected for the year ending March 31, 2006.

Note 2        Continuance of Operations
              -------------------------
              These  financial  statements  have been prepared  using  generally
              accepted  accounting  principles  in the United  States of America
              applicable for a going concern which assumes that the Company will
              realize its assets and discharge its  liabilities  in the ordinary
              course of business.  The Company has a working capital  deficiency
              of $32,559 as at June 30, 2005,  has not yet  attained  profitable
              operations  and the  Company  has  accumulated  losses of $127,059
              since  inception.  Its ability to  continue as a going  concern is
              dependent  upon the ability of the company to generate  profitable
              operations in the future and/or to obtain the necessary  financing
              to meet its  obligations  and repay its  liabilities  arising from
              normal  business  operations  when they come due.  The  outcome of
              these matters  cannot be predicted with any certainty at this time
              and  raise  substantial  doubt  that the  Company  will be able to
              continue as a going  concern.  These  financial  statements do not
              include  any  adjustments  to the amounts  and  classification  of
              assets and liabilities that may be necessary should the Company be
              unable to continue  as a going  concern.  The Company  anticipates
              that  additional  funding will be in the form of equity  financing
              from the sale of  common  shares.  The  Company  may also  seek to
              obtain  additional  short-term  loans  from the  directors  of the
              Company.  There are no  current  arrangements  in place for equity
              funding or short-term loans.

Note 3        Commitment
              ----------
              Mining Lease

              By a lease  agreement  effective  May 15, 2001 and  amended  April
              2002,  November  2002,  April 2003,  January 9, 2004 and April 11,
              2005,  the Company was granted the exclusive  right to explore and
              mine the SF  resource  property  located  in Storey  County of the
              State of Nevada. The term of this lease is for 20 years, renewable
              for an additional 20 years so long as the  conditions of the lease
              are met.  Minimum  payments  and  performance  commitments  are as
              follows:

<page>

Tari Inc.
(A Pre-exploration Stage Company)
Notes to the Financial Statements
June 30, 2005
(Stated in US Dollars) - Page 2
 --------------------

Note 3        Commitment - (cont'd)
              ----------

              Minimum Advance Royalty Payments:

              The owner shall be paid a royalty of 4% of the net smelter returns
              from all  production.  In respect to this royalty,  the company is
              required to pay minimum advance royalty payments of the following:

              -   $5,000 upon execution (paid);

              -   $1,250 on or before May 15, 2002 (paid);

              -   $1,500 on or before November 30, 2002 (paid);

              -   $1,500 on or before April 15, 2003 (paid);

              -   $2,000 on January 9, 2004 (paid);

              -   $5,000 on or before July 9, 2004 (paid);

              -   $5,000 on or before April 12, 2005 (paid); and

              -   $50,000  each January 9 thereafter  until  termination  of the
                  lease,  adjusted  based on inflation  rates  designated by the
                  Consumer Price Index.

              In  addition,   the  Company  is  required  to  fund   exploration
              expenditures of $5,000 by April 12, 2005 (paid).

              The Company can reduce the net smelter  return  royalty to 0.5% by
              payment of a buy-out price of $5,000,000. Advance royalty payments
              made to the date of the  buy-out  will be  applied  to reduce  the
              buy-out price.

              Performance Commitment:

              In the event that the Company  terminates  the lease after June 1,
              of any year it is required  to pay all  federal  and state  mining
              claim  maintenance  fees for the next assessment year. The Company
              is  required  to  perform  reclamation  work  in the  property  as
              required by federal state and local law for disturbances resulting
              from the Company's activities on the property.

<page>

Tari Inc.
(A Pre-exploration Stage Company)
Notes to the Financial Statements
June 30, 2005
(Stated in US Dollars) - Page 3
 --------------------

Note 4        Related Party Transactions
              --------------------------
              The  Company  was  charged  the  following  by a  director  of the
              Company:

<table>
<caption>
                                                                                                  May 2, 2001
                                                                                                    (Date of
                                                                                                 Incorporation)
                                                                       Three months ended              to
                                                                            June 30,                June 30,
                                                                      2005           2004             2005
                                                                      ----           ----             ----
             
                                                   <c>          <c>            <c>
             Management fees                                      $      1,500  $          -   $          6,000
                                                                  ============  ============   ================
</table>

              These  charges were  measured by the exchange  amount which is the
              amount agreed upon by the transacting parties.

              Included in accounts payable at June 30, 2005 is $6,000 (March 31,
              2005: $Nil) consisting of unpaid management fees due to a director
              of the Company.

              The amount  due to  related  party,  a  director  of the  Company,
              consist of unpaid  advances of $12,155  (March 31, 2005:  $2,155).
              The  amount  due is  unsecured,  non-interest  bearing  and has no
              specific terms for repayment.

<page>


Item 2.           Management's Discussion and Analysis or Plan of Operation


Forward Looking Statements

This quarterly report contains forward-looking statements that involve risks and
uncertainties.  We use words such as anticipate,  believe, plan, expect, future,
intend and similar expressions to identify such forward-looking  statements. You
should not place too much  reliance  on these  forward-looking  statements.  Our
actual results are likely to differ  materially from those  anticipated in these
forward-looking  statements  for many  reasons,  including the risks faced by us
described in this Risk Factors section and elsewhere in this quarterly report.


Plan of Operation

Our plan of operation for the twelve months following the date of this report is
to complete the recommended  phase one exploration  program on the SF project in
which we hold a leasehold interest. We anticipate that this program will cost us
$89,000.

The advance  royalty  payment of $10,000 due by January 9, 2005 was not paid. On
April 11, 2005, the SF Property lease  agreement  dated May 15, 2001 was further
amended with respect to the Schedule of Minimum  Payments.  With the  amendment,
the  Company,  instead  of paying the  advance  royalty of $10,000 by January 9,
2005, shall pay $5,000 by April 12, 2005, and fund  exploration  expenditures on
the SF Property of $5,000 by April 12, 2005.  Both  payments  were made on April
12, 2005.  In order to keep the lease in good  standing,  we must pay the lessor
$50,000 by January 9 every year thereafter.

In addition,  we anticipate spending $11,000 on professional fees and $14,000 on
administrative expenses.

Total  expenditures  over  the  next 12  months  are  therefore  expected  to be
$129,000.  Our cash on hand at June 30,  2005 was $1,461.  Accordingly,  we will
need to raise additional funds in order to complete the recommended  exploration
program  on the SF  project  and meet our  other  expected  expenses.  We do not
currently have any arrangements for raising additional funding.

Results of Operations for the first quarter ended June 30, 2005

We incurred a net loss of $17,617  for the three  months  period  ended June 30,
2005, as compared to a loss of $2,525 in the same period in 2004. The difference
in net  loss  was  primarily  due to an  increase  in  management  fees,  office
expenses, and resource property costs. As per management agreement dated July 1,
2004, the president  started to charge the Company $500 per month for management
fees  ($1,500 for the period  April - June,  2005).  The Company also started to
incur  $400  per  month  for  office  rent,  telephone  expenses,   and  general
miscellaneous office expenses ($1,200 per the period April - June, 2005) related
to use of the Vancouver office.  In the previous periods,  the president did not
charge the Company for such  expenses.  During the three  months  ended June 30,
2005,  we incurred  transfer  agent and filing  fees of $729 (2004:  $1,537) and
professional  fees of $3,895 (2004:  $692) in order to bring all outstanding SEC
filings  current.  We also incurred  resource  property  costs of $10,217 (2004:
$221) due to the new amended lease  agreement.  At the end of the first quarter,
we had cash on hand of $1,461.  Our  liabilities  for the same  period  totalled
$34,020  and  consisted  of  accounts  payable of $21,865 and $12,155 due to our
president.

<page>


Item 3.           Controls and Procedures


As required by Rule 13a-15 under the Exchange  Act,  within the 90 days prior to
the filing date of this report,  the Company  carried out an  evaluation  of the
effectiveness of the design and operation of the Company's  disclosure  controls
and  procedures.  This evaluation was carried out under the supervision and with
the  participation  of  the  Company's   management,   including  the  Company's
President, the Chief Executive Officer, and the Chief Financial Officer.


Based upon that evaluation,  the Company concluded that the disclosure  controls
and  procedures are  effective.  There have been no  significant  changes in the
Company's  internal  controls or in other  factors,  which  could  significantly
affect  internal  controls  subsequent  to the date the Company  carried out its
evaluation.

PART II  OTHER INFORMATION

Item 1.           Legal Proceedings

The Company is not a party to any pending  legal  proceeding.  Management is not
aware of any threatened litigation, claims or assessments.

Item 2.           Changes in Securities

None.

Item 3.           Defaults upon Senior Securities

None.

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

None.

Item 5.           Other Information

None.

Item 6.           Exhibits and Report on Form 8-K

 31.1        Certification  pursuant  to  18  U.S.C.  Section  1350,  as adopted
             pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
 31.2        Certification  pursuant  to  18  U.S.C.  Section  1350,  as adopted
             pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
 32.1        Certification  pursuant  to  18  U.S.C.  Section  1350,  as adopted
             pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
 32.2        Certification  pursuant  to  18  U.S.C.  Section  1350,  as adopted
             pursuant to Section 906 of the Sarbanes-Oxley Act of 2002


There were no reports  filed on Form 8-K during the three  months  period  ended
June 30, 2005.

<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.

                                            Tari Inc.

                                            /s/ Theodore Tsagkaris
                                            ---------------------------
                                            Theodore Tsagkaris
                                            President, Secretary, Treasurer
                                            Chief Executive Officer and Director
                                            (Principal Executive Officer,
                                            Principal Financial Officer and
                                            Principal Accounting Officer)

                                            Dated: August 15, 2005