UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington D. C. 20549

                                   FORM 10-QSB

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

                  For the quarterly period ended June 30, 2004

                        Commission file number 333-63432

                           ATLANTIC WINE AGENCIES INC.
        (Exact name of small business issuer as specified in its charter)

             Florida                                    65-110237
   (State or other jurisdiction of                  (I.R.S. Employer
   incorporation or organization)                   Identification No.)

                                64 Knightsbridge
                                   London, UK
                                      SW1X
                    (Address of principal executive offices)

                               011-44-797-905-7708
                           (Issuer's telephone number)

Check whether the issuer (1) has filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such
shorter period that the registrant was required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days. Yes _X_ No___

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date.

The number of shares of the issuer's outstanding common stock, which is the only
class of its common equity, on August 18, 2004 was 104,063,027.



                                        1
<PAGE>

ITEM 1 FINANCIAL STATEMENTS


<TABLE>
<CAPTION>
Description                                                                             Page No.

<S>                                                                                        <C>
FINANCIAL INFORMATION:

Financial Statements

Consolidated Balance Sheets at June 30, 2004
   (Unaudited)..........................................................................   3

Consolidated Statement of Operations for the Three Months Ended June 30, 2004
  and for the Period from April 18, 2001 to June 30, 2004 (Unaudited)...................   4

Consolidated Statements of Cash Flows for the Three Months Ended
   June 30, 2004 and for the Period from April 18, 2001 to June 30, 2004 (Unaudited) ...   5

Notes to Consolidated Financial Statements (Unaudited)..................................   6
</TABLE>


                                       2
<PAGE>

ITEM 1. FINANCIAL STATEMENTS


                  ATLANTIC WINE AGENCIES, INC. and SUBSIDIARIES
                    (Formerly New England Acquisitions, Inc.)
                          (A Development Stage Company)


                           CONSOLIDATED BALANCE SHEET
                                  JUNE 30, 2004

CURRENT ASSETS
   Cash                                                             $   309,944
   Accounts receivable                                                   21,534
   Inventory                                                            300,359
                                                                    -----------
         Total Current Assets                                           631,837

OTHER ASSETS
   Property, plant and equipment, net
                                                                      2,635,621
   Goodwill, net                                                        496,270
                                                                    -----------

                                                                    $ 3,763,728

                      LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
   Accounts payable                                                 $    76,431
   Accrued expenses                                                      30,000
                                                                    -----------
         Total Current Liabilities                                      106,431

LONG-TERM DEBT
   Due to principal stockholders                                        298,618

STOCKHOLDERS' EQUITY
   Common stock authorized 150,000,000
     shares; $0.00001 par value; issued
     and outstanding 104,063,027 shares                                   1,041
   Additional contributed capital                                     3,708,315
   Other comprehensive income                                           128,544
   Deficit accumulated during Development Stage                        (479,221)
                                                                    -----------

         Total Stockholders' Equity                                   3,358,679
                                                                    -----------

                                                                    $ 3,763,728


See accompanying notes to financial statements.


                                       3
<PAGE>

                  ATLANTIC WINE AGENCIES, INC. and SUBSIDIARIES
                    (Formerly New England Acquisitions, Inc.)
                          (A Development Stage Company)

                      CONSOLIDATED STATEMENTS OF OPERATIONS


<TABLE>
<CAPTION>
                                                                                 Period
                                                         For the Three       April 18, 2001
                                                          Months Ended       (Inception) to
                                                            June 30,             June 30,
                                                              2004                2004
                                                          ------------       --------------
<S>                                                       <C>                <C>
NET SALES                                                 $     56,143       $     56,143

COSTS AND EXPENSES
   Cost of goods sold                                          128,107            128,107
   Selling, general and administrative                         148,849            398,341
   Depreciation and amortization                                 5,543              5,543
                                                          ------------       ------------

         Total Costs and Expenses                              282,499            531,991
                                                          ------------       ------------

NET OPERATING LOSS                                            (226,356)          (475,848)

OTHER EXPENSE
   Interest expense                                                 (9)                (9)
                                                          ------------       ------------

NET LOSS                                                  $   (226,365)      $   (475,857)
                                                          ============       ============

NET LOSS PER SHARE, basic and diluted                     $      (.003)      $       (.09)
                                                                             ============

Weighted average number of common shares outstanding        67,799,291          5,461,682
                                                          ============       ============
</TABLE>


Note:  The Company had no operating activities for the comparable period ending
       June 30, 2003.


                 See accompanying notes to financial statements.


                                       4
<PAGE>

                  ATLANTIC WINE AGENCIES, INC. and SUBSIDIARIES
                    (Formerly New England Acquisitions, Inc.)
                          (A Development Stage Company)

                      CONSOLIDATED STATEMENTS OF CASH FLOWS

<TABLE>
<CAPTION>
                                                                                Period
                                                         For the Three      April 18, 2001
                                                          Months Ended      (Inception) to
                                                            June 30,            June 30,
                                                              2004               2004
                                                          ------------      --------------
<S>                                                       <C>                <C>
CASH FLOWS FROM OPERATING ACTIVITIES
   Net loss for period                                    $  (226,365)      $  (475,857)
   Non-cash item included in net loss:
     Stock based compensation                                      --           140,000
     Depreciation and amortization                              5,574             5,574
  Changes in operating assets and liabilities:
     Accounts receivable                                       (4,610)           (4,610)
     Inventory                                                (57,931)          (57,931)
     Accounts payable                                          58,872            58,872
     Accrued expenses                                         (13,500)           30,000
     Increase in due to principal stockholders                298,618           298,618
                                                          -----------       -----------

           Net Cash (Used In) Provided by Operating
                 Activities                                    60,658            (5,334)
CASH FLOWS FROM FINANCING ACTIVITIES
   Sale of common stock                                            --            84,525
   Cost of registering securities                                  --           (18,533)
   Cash acquired in acquisition                               120,742           120,742
                                                          -----------       -----------
         Net Cash Provided by Financing Activities            120,742           186,734
                                                          -----------       -----------

EFFECT OF EXCHANGE RATE CHANGES  ON
   CASH                                                       128,544           128,544
                                                          -----------       -----------
NET INCREASE IN CASH                                          309,944           309,944
CASH AT  BEGINNING OF PERIOD                                       --                --
                                                          -----------       -----------
CASH AT END OF PERIOD                                     $   309,944       $   309,944
                                                          ===========       ===========

SUPPLEMENTAL DISCLOSURE OF CASH
  FLOW INFORMATION
   Cash paid for interest                                 $         9       $         9
  Non-cash investing and financing activities:
    Issuance of common stock relating to the
     change of control and settlement of
     obligations to previous principal
     stockholders. See Note C of Notes to
     Financial Statements                                      56,226
   Acquisition of New Heights 560 Holding, LLC:
     Cash                                                     120,742           120,742
     Accounts receivable                                       16,924            16,924
     Inventory                                                242,429           242,429
     Property, plant, and equipment                         2,637,020         2,637,020
     Goodwill                                                 449,059           449,059
     Accounts payable                                          17,559            17,559
     Common stock                                           3,500,000         3,500,000
</TABLE>

                 See accompanying notes to financial statements.


                                       5
<PAGE>

                  ATLANTIC WINE AGENCIES, INC. and SUBSIDIARIES
                    (Formerly New England Acquisitions, Inc.)
                          (A Development Stage Company)

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                  June 30, 2004


NOTE A -  BASIS OF PRESENTATION

                 The accompanying condensed consolidated financial statements
                 have been prepared in accordance with generally accepted
                 accounting principles for interim financial information.
                 Accordingly, they do not include all of the information and
                 footnotes required by generally accepted accounting principles
                 for complete financial statements. In the opinion of
                 management, all adjustments (consisting of normal recurring
                 accruals) considered necessary in order to make the financial
                 statements not misleading have been included. Results for the
                 three months ended June 30, 2004 are not necessarily indicative
                 of the results that may be expected for the year ending March
                 31, 2005. For further information, refer to the financial
                 statements and footnotes thereto included in the Atlantic Wine
                 Agencies, Inc., formerly New England Acquisitions, Inc., annual
                 report on Form 10-KSB for the year ended March 31, 2004.

NOTE B - STOCKHOLDERS' EQUITY

                 On May 4, 2004, the Company acquired all of the issued and
                 outstanding shares of New Heights 560 Holdings, LLC, a Cayman
                 Islands Limited Liability corporation which controls Mount
                 Rozier Estate (pty) Limited and the Mount Rozier Properties
                 (pty) Limited for 100,000,000 shares of its common
                 stock. The companies own a world class vineyard in the
                 Stellenbosch region of Western Cape, South Africa and produces
                 high quality premium wines. The acquisition is being accounted
                 for as a purchase under SFAS No. 141, Business Combinations.

<TABLE>
<CAPTION>
<S>                                                                 <C>            <C>
              The allocation of the purchase price was as follows:
                  Value of 100,000,000 shares of common stock at
                       $0.035 per share                                            $3,500,000
                                                                                   ==========
              Fair value of net assets acquired is as follows:
                  Land                                               $2,596,154
                  Processing equipment                                   40,866
                  Intangibles                                            51,385
                  Inventories                                           242,429
                  Accounts receivable                                    16,924
                  Cash                                                  120,742
                  Liabilities assumed                                   (17,559)
                  Goodwill                                              449,059
                                                                    -----------
                                                                     $3,500,000
                                                                    ===========
</TABLE>


                                       6
<PAGE>

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

     The following should be read in conjunction with our financial statements
     and the related notes that appear elsewhere in this Annual Report. The
     discussion contains forward-looking statements that reflect our plans,
     estimates and beliefs. Our actual results could differ materially from
     those discussed in the forward-looking statements. Factors that could cause
     or contribute to these differences include, but are not limited to, those
     discussed below.

     We have not had any significant revenues since inception. Our sole
     objective is to become an operating business.

     Our ability to become and continue as a going concern is dependent upon
     obtaining additional substantial capital. Because we have virtually no
     funds and no commitments which would enable us to obtain funds, we may
     exhaust our limited financial resources before we are ever able to commence
     operations.

     On December 16, 2003, the Company had a change in control of its issued and
     outstanding common stock. On this date, Rosehill Investments Limited
     acquired 11,937,200 shares of the Company's common stock pursuant to a
     Stock Purchase Agreement among Rosehill Investments Limited and the
     Company, Mr. Jonathan Reisman and Mr. Gary Cella. The agreement provided
     for the shares to be sold as follows: 9,234,520 shares from the Company;
     1,379,600 shares from Mr. Reisman and 1,323,100 shares from Mr. Cella
     ("Stock Sale").

     As a result of the Stock Sale: (i) the directors of the Company resigned
     and new directors were appointed; (ii) obligations to the Company's
     auditors, lawyers and service providers were satisfied; and (iii) the
     Company spun off its two subsidiaries to its shareholders of record
     immediately prior to the Stock Sale.

     On May 4, 2004, the Company acquired all of the issued and outstanding
     shares of New Heights 560 Holdings LLC, a Cayman Islands limited liability
     corporation ("New Heights"), in exchange for One Hundred Million shares of
     its restricted common stock which is equal to 99.9% of the total
     outstanding shares of the Company's common stock (this transaction shall be
     referred to as the "Merger"). As a result of the Merger, the Company now
     has two wholly owned subsidiaries, Mount Rozier Estates (Pty) Limited and
     Mount Rozier Properties (Pty) Limited. Such companies own a world class
     vineyard in the Stellenbosch region of Western Cape, South Africa. The
     vineyard and surrounding properties consist of 105 hectares of arable land
     for viticultural as well as residential and commercial purposes. In the
     opinion of the management the site is a world class site in terms of
     location, soil composition and future development potential.

     DEVELOPMENT AND INTEGRATION OF BUSINESS MODEL

     It is the Company's current intention to enter the South African
     wine-growing and wine distribution business. Presently, the Company is
     investigating potential acquisitions of assets and is in discussions with
     possible joint venture candidates in South Africa and elsewhere.

ITEM 3.   CONTROLS AND PROCEDURES.

        (a) Our principal executive officer and principal financial officer has
     evaluated the effectiveness of our disclosure controls and procedures (as
     defined in Exchange Act Rules 13a-14 and 15d-14) as of a date within 90
     days prior to the filing date of this quarterly report and has concluded
     that our disclosure controls and procedures are adequate.

        (b) There were no significant changes in our internal controls or in
     other factors that could significantly affect these controls subsequent to
     the date of their evaluation, including any corrective actions with regard
     to significant deficiencies and material weaknesses.

        (c)  Not applicable


                                       7
<PAGE>


                                     PART II

ITEM 1. LEGAL PROCEEDINGS

None.

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 REPORTS ON FORM 8-K

a. Exhibit Index

Exhibit  99.1  Certification of President and Principal Financial Officer

Exhibit  99.2  Certification of President and Principal Financial Officer


<PAGE>

b. Reports on Form 8-K

On May 17, 2004, the Company filed an 8-K with the Securities and Exchange
Commission with respect to a change of control (file no. 333-63432) which
occurred on May 4, 2004. On May 4, 2004, the Company acquired all of the issued
and outstanding shares of New Heights 560 Holdings LLC, a Cayman Islands limited
liability corporation ("New Heights"), in exchange for One Hundred Million
shares of its restricted common stock which is equal to 99.9% of the total
outstanding shares of the Company's common stock (this transaction shall be
referred to as the "Merger"). As a result of the Merger, the Company now has two
wholly owned subsidiaries, Mount Rozier Estates (Pty) Limited and Mount Rozier
Properties (Pty) Limited. Such companies own a world class vineyard in the
Stellenbosch region of Western Cape, South Africa. The vineyard and surrounding
properties consist of 105 hectares of arable land for viticultural as well as
residential and commercial purposes. In the opinion of the management the site
is a world class site in terms of location, soil composition and future
development potential.

                                   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.

ATLANTIC WINE AGENCIES INC.

/s/ Harry Chauhan
-------------------
Name: Harry Chauhan
Title: President, Chief Financial Officer and Chairman of the Board
Date:  August 18, 2004