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 December 31, 2003

                        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)


                              011-44-777-55-33-666
--------------------------------------------------------------------------------
                           (Issuer's telephone number)


                         New England Acquisitions, Inc.
--------------------------------------------------------------------------------
         (Former name, former address and former fiscal year, if changed
                              since last report.)

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 February 13, 2004 was 12,605,495


<PAGE>


ITEM 1 FINANCIAL STATEMENTS

Description                                                            Page No.
FINANCIAL INFORMATION:

Financial Statements

Consolidated Balance Sheets at December 31, 2003
   (Unaudited) and March 31, 2003..................................... 3

Consolidated Statement of Stockholders' Equity for the
   Period April 18, 2001 to December 31, 2003......................... 4

Consolidated Statements of Operations for the Quarters Ended
   December 31, 2003 and 2002 (Unaudited)............................. 5

Consolidated Statements of Cash Flows for the Nine Months Ended
   December 31, 2003 and December 31, 2002 (Unaudited) ............... 6

Notes to Consolidated Financial Statements (Unaudited)................ 7-8




                                       2
<PAGE>

                          PART I FINANCIAL INFORMATION

Item 1. - Financial Statements

                  ATLANTIC WINE AGENCIES INC. AND SUBSIDIARIES
                        (A Development Stage Enterprise)

                           CONSOLIDATED BALANCE SHEETS

<TABLE>
<CAPTION>
                                                                                March 31,    December 31,
                                                                                 2003           2003
                                                                              ----------     -----------
CURRENT ASSETS
<S>                                                                           <C>           <C>
   Cash                                                                       $    4,283    $         20
   Inventory                                                                       4,105
                                                                              ----------     -----------
          Total Current Assets                                                     8,388              20

OTHER ASSETS
   License agreement                                                              75,188
                                                                              ----------     -----------

                                                                               $  83,576    $         20
                                                                               =========    ============

                      LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
   Accounts payable                                                            $   3,274
   Accrued expenses                                                                2,272
   Due to principal stockholders                                                  31,084
                                                                               ---------
         Total Current Liabilities                                                36,630

STOCKHOLDERS' EQUITY
   Common stock authorized 150,000,000
     shares; $0.00001 par value; issued
     and outstanding 3,257,875 and
    12,605,495 shares at March 31 and
     December 31, 2003 respectively                                                   33     $       128
    Additional contributed capital                                               102,073          69,228
    Deficit accumulated during Development Stage                                 (55,160)        (69,336)
                                                                               ----------   -------------
         Total Stockholders' Equity                                               46,946              20
                                                                               ---------    ------------
                                                                                $ 83,576    $         20
                                                                               =========    ============
</TABLE>

See accompanying notes to financial statements.


                                       3
<PAGE>

                  ATLANTIC WINE AGENCIES INC. AND SUBSIDIARIES
                        (A Development Stage Enterprise)

                 CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY
         For the Period April 18, 2001 (Inception) to December 31, 2003


<TABLE>
<CAPTION>
                                   Common Stock
                          -----------------------------      Contributed       Accumulated
                             Number            Amount          Capital           Deficit        Total
                          --------------------------------------------------------------------------------
<S>                       <C>               <C>                                             <C>
Issuance of shares to
  offices and directors
  @$.001 per share           200,000        $     200                                       $       200
Effect of 15 to 1
  stock split and
  change of par
  value to $.00001
  per share                2,800,000             (170)         $    170
Sale of 7,500
  shares @$2.00
  per share                    7,500                             15,000                           15,000
Cost of registration                                            (15,170)         $(3,364)        (18,534)
Net loss for period                                                               (9,100)         (9,100)
                          ----------         --------          --------         --------      ----------
Balance
  March 31,  2002          3,007,500               30                            (12,464)        (12,434)
Issuance of 150,375
  shares for license
  agreement @$0.50
  per share                  150,375                2            75,186                           75,188
Issuance of 100,000
 shares for acquisition
 of CJC Enterprises
 of New York, Inc.
 @ $0.27 per share           100,000                1            26,887                           26,888
Net loss for period                                                              (42,696)        (42,696)
                          ----------         --------          --------         --------      ----------
Balance March 31,
  2003                     3,257,875               33           102,073          (55,160)         46,946
Issuance of 100,000
  shares for consult-
  ing fee for Ollie &
  Partner's LLC @
  $0.35 per share            100,000                1            34,999                           35,000
Issuance of 5,000 shares
  to principal stockholder     5,000                1             4,999                            5,000
Issuance of 8,100 shares
   to principal stockholder    8,100                1             8,099                            8,100
Divestiture of subsidiaries                                    (137,076)          25,714        (111,362)
Sale of 9,234,520 shares
   at $0.006 per share     9,234,520               92            56,134                           56,226
Net loss for period                                                              (39,890)        (39,890)
                          ----------         --------          --------         --------      ----------
Balance December 31,
  2003                    12,605,495         $    128          $ 69,228         $(69,336)     $       20
                          ==========         ========          ========         ========      ==========
</TABLE>

See accompanying notes to financial statements.



                                       4
<PAGE>

                  ATLANTIC WINE AGENCIES INC. AND SUBSIDIARIES
                        (A Development Stage Enterprise)

                             STATEMENT OF OPERATIONS


<TABLE>
<CAPTION>
                                                                                                           Inception
                                        Three Months Ended                Nine Months Ended                   to
                                           December 31,                        December 31,               December 31,
                                      2002              2003              2002              2003             2003
                                   Unaudited         Unaudited         Unaudited         Unaudited         Unaudited
                                  -----------       -----------       -----------       -----------       -----------
<S>                               <C>               <C>               <C>               <C>               <C>
GENERAL AND
ADMINISTRATIVE
   EXPENSES                       $     5,862       $     3,394       $     9,412       $    39,890       $    65,972
                                  -----------       -----------       -----------       -----------       -----------

NET LOSS FOR PERIOD               $    (5,862)      $    (3,394)      $    (9,412)      $   (39,890)      $   (65,972)
                                  ===========       ===========       ===========       ===========       ===========

NET LOSS PER SHARE                $    (0.001)      $    (0.001)      $    (0.003)      $    (0.010)      $    (0.021)
                                  ===========       ===========       ===========       ===========       ===========

Weighted average number of
   common shares outstanding        3,157,873         3,370,973         3,044,166         3,880,054         3,190,015
                                  ===========       ===========       ===========       ===========       ===========
</TABLE>


See accompanying notes to financial statements.

                                       5
<PAGE>

                  ATLANTIC WINE AGENCIES INC. AND SUBSIDIARIES
                        (A Development Stage Enterprise)


                      CONSOLIDATED STATEMENT OF CASH FLOWS

<TABLE>
<CAPTION>
                                                              For the Nine Months Ended     Inception to
                                                                     December 31,           December 31,
                                                               2003               2002           2003
                                                           ------------          -------     -----------
CASH FLOWS FROM OPERATING ACTIVITIES
<S>                                                            <C>               <C>            <C>
   Net loss for period                                         $(39,890)         $(9,412)       $(65,972)
   Adjustments to reconcile net loss to
      net cash provided by
      operating activities:
  Changes in operating assets and liabilities:
     Decrease in inventory                                        4,105
     Decrease in accounts payable                                (1,054)

    (Decrease) increase in due to principal
       stockholders                                             (36,750)           3,550
                                                           ------------          -------     -----------

           Net Cash Used In Operating Activities                (73,589)          (5,862)       (65,972)

CASH FLOWS FROM FINANCING ACTIVITIES
  Sale of common stock                                           69,326           15,000          84,526
  Cost of registering securities                                                                 (18,534)
                                                           ------------          -------     -----------

Net Cash Provided by  Financing
                 Activities                                      69,326           15,000          65,992
                                                           ------------          -------     -----------


NET (DECREASE)INCREASE IN CASH(4,263)                             9,138               20
CASH AND CASH EQUIVALENTS AT
    BEGINNING OF PERIOD                                           4,283              100
                                                           ------------          -------     -----------

CASH AND CASH EQUIVALENTS AT
    END OF PERIOD                                          $         20          $ 9,238     $        20
                                                           ============          =======     ===========
</TABLE>

See accompanying notes to financial statements.



                                       6
<PAGE>
                  ATLANTIC WINE AGENCIES INC. AND SUBSIDIARIES
                        (A DEVELOPMENT STAGE ENTERPRISE)

                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)


1.       Condensed Financial Statements

         In the opinion of the Company,  the  accompanying  unaudited  condensed
         financial statements include all adjustments (consisting only of normal
         recurring  accruals) which are necessary for a fair presentation of the
         results for the periods  presented.  Certain  information  and footnote
         disclosure,  normally included in the financial  statements prepared in
         accordance with generally  accepted  accounting  principles,  have been
         condensed and omitted.  The results of  operations  for the nine months
         ended December 31, 2003 are not indicative of the results of operations
         for the year ended March 31, 2004. The condensed  financial  statements
         should be read in conjunction with the Company's  financial  statements
         included in its annual Form 10-KSB for the year ended March 31, 2003.

2.       Stockholders' Equity

         On June 11, 2003, the Company issued 100,000 shares of its common stock
         to Ollie & Partners,  LLC to market and sell certain Company  products.
         The stock was  valued @ $0.35 per  share  based  upon a block  discount
         factor.

         In June 30, 2003,  the Company sold 5,000 shares of its common stock to
         Mr. Gary Cella, a principal  stockholder,  for  consideration of $5,000
         cash.

         In August 31,  2003,  the Company sold 8,100 shares of its common stock
         to Mr. Gary Cella, a principal stockholder, for consideration of $8,100
         cash.

         On December 16, 2003, the Company,  prior to an acquisition by Rosehill
         Investments Limited, a Seychelles  corporation,  divested itself of two
         wholly owned subsidiaries - CJC Enterprises and International Products,
         Inc. - to be held for the  benefit of the holders of record of Atlantic
         Wine Agencies  Inc.'s  capital stock as of the close of business on the
         business day immediately preceding the acquisition date.

         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.  As a result of the stock sale,  the
         Director of the Company resigned and new directors were appointed.



                                       7
<PAGE>

3.       Subsequent Events

         In  anticipation  of the  development  of its new business  model,  the
         Company took the following actions:

         (i)      On January 13,  2001,  the  Company  changed its name from New
                  England Acquisitions, Inc. to Atlantic Wine Agencies Inc.; and

         (ii)     On February 9, 2004,  Mr. Harry  Chauhan was  appointed to the
                  Company's Board of Directors and Messrs.  Frank  Reinschreiber
                  and  Louis  B.  Lichtenfeld   resigned  from  their  roles  as
                  Directors and Officers of the Company.



                                       8
<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.

     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




                                       9
<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

         b. Reports on Form 8-K

         On December 24, 2003,  the Company filed an 8-K with the Securities and
         Exchange  Commission  with  respect  to a change of  control  (file no.
         333-63432).

                                   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:  February 17, 2004





                                       10