`Nevada                                                                         75-2912201
--------------------------------------------------------                        -------------------------------------
(State or other jurisdiction of                                                         (IRS Employer
 incorporation or organization)                                                          Identification No.)`

As of June 30, 2003 the Company had 2,000,000 shares of Common Stock issued and
outstanding.

`June 30,         March 31,
                                                                                       2003               2003
                                                                                ----------------       -------
                                                                                    (Unaudited)
CURRENT ASSETS
   Cash                                                                               $  17,115          $  16,969
   Inventories, at lower of cost
     (principally specific identification) or market                                     26,432           26,432
                                                                                      ---------          -------

              TOTAL CURRENT ASSETS                                                    $  43,547          $  43,401
                                                                                      =========          =========


                                       LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
   Accrued Liabilities                                                                $   3,881          $      10
   Stockholder Payable                                                                    2,252              2,252
                                                                                      ---------          ---------

              TOTAL CURRENT LIABILITIES                                                   6,133              2,262
                                                                                      ---------          ---------

STOCKHOLDERS' EQUITY
   Common Stock $0.001 Par Value; Authorized 20,000,000 Shares;
     Issued and Outstanding 2,000,000 Shares                                              2,000              2,000
   Paid-In-Capital                                                                       74,450             72,800
   Deficit Accumulated during the Development Stage                                     (39,036)           (33,661)
                                                                                      ---------          ---------

              TOTAL STOCKHOLDERS' EQUITY                                                 37,414             41,139
                                                                                      ---------          ---------

              TOTAL LIABILITIES AND STOCKHOLDERS'
                  EQUITY                                                              $  43,547          $43,401
                                                                                      =========          =======`

`December 12, 2000
                                                                         For the Three Months Ended             (Inception) to
                                                                                   June 30,                     June 30, 2003
                                                                      ----------------------------------   ------------------
                                                                           2003                  2002
                                                                      ------------          ---------
REVENUES
   Antiques and Furnishings                                           $          -           $         -           $    23,158

COST OF REVENUES                                                                 -                     -                21,695
                                                                      ------------           -----------           -----------

              GROSS PROFIT                                                       -                     -                 1,463
                                                                       -----------           -----------           -----------

GENERAL AND ADMINISTRATIVE EXPENSES                                          5,429                 3,524                39,220
                                                                      ------------           -----------           -----------

              (LOSS) BEFORE OTHER INCOME
                  (EXPENSE) AND INCOME TAX                                  (5,429)               (3,524)              (37,757)
                                                                      ------------           -----------           -----------

OTHER INCOME (EXPENSE)
   Other Income                                                                200                     -                   480
   Interest Expense                                                           (146)                  (84)               (1,759)
                                                                      ------------           -----------           -----------

              TOTAL OTHER INCOME (EXPENSE)                                      54                   (84)               (1,279)
                                                                      ------------           -----------           -----------

              (LOSS) BEFORE INCOME TAX                                      (5,375)               (3,608)              (39,036)

INCOME TAX                                                                       -                     -                     -
                                                                      ------------           -----------           -----------

              NET LOSS                                                $     (5,375)          $    (3,608)          $   (39,036)
                                                                      ============           ===========           ===========

WEIGHTED AVERAGE NUMBER OF
   COMMON SHARES                                                         2,000,000             1,531,250
                                                                      ============           ===========

(LOSS) PER COMMON SHARE                                                $     (.00)           $      (.00)
                                                                       ==========            ===========`

`December 12, 2000
                                                                          For the Three Months Ended            (Inception) to
                                                                                    June 30,                   June 30, 2003
                                                                       --------------------------------     ----------------
                                                                          2003                 2002
                                                                       ----------           -------

CASH FLOW FROM OPERATING ACTIVITIES
   Net (Loss)                                                          $   (5,375)          $   (3,608)          $  (39,036)
   Adjustments to Reconcile Net Loss to Net Cash
     From Operating Activities
       Contribution of Services and Rent                                    1,650                1,650               16,450
     Changes in Current Assets and Liabilities
       Inventory                                                                -                    -              (26,432)
       Accrued Liabilities                                                  3,871               (1,080)               3,881
                                                                       ----------           ----------           ----------

              NET CASH FLOW PROVIDED (USED)
                BY OPERATING ACTIVITIES                                       146               (3,038)             (45,137)
                                                                       ----------           ----------           ----------

CASH FLOW FROM FINANCING ACTIVITIES
   Increase in Stockholder Payable                                              -                    -               25,153
   Decrease in Stockholder Payable                                              -              (22,901)             (22,901)
   Proceeds from Sale of Common Stock                                           -               49,500               60,000
                                                                       ----------           ----------           ----------

              NET CASH FLOW PROVIDED BY
                FINANCING ACTIVITES                                             -               26,599               62,252
                                                                       ----------           ----------           ----------

NET INCREASE IN CASH                                                          146               23,561               17,115

CASH AT BEGINNING OF PERIOD                                                16,969                2,630                    -
                                                                       ----------           ----------           ----------

CASH AT END OF PERIOD                                                  $   17,115           $   26,191           $   17,115
                                                                       ==========           ==========           ==========

SUPPLEMENTAL SCHEDULE OF CASH FLOW  INFORMATION
   Cash Flow Information
     Cash Paid During the Period For:
       Interest                                                        $        -           $    1,602           $    1,757
                                                                       ==========           ==========           ==========
       Income Taxes                                                    $        -           $         -          $        -
                                                                       ==========           ===========          ==========`

NOTE 1: BASIS OF PRESENTATION

The accompanying unaudited
financial statements have been prepared in accordance with generally accepted
accounting principals for interim financial information and with the
instructions to Form 10-Q and Rule 10-01 of Regulations S-X. They do not include
all information and notes required by generally accepted accounting principals
for complete financial statements. However, except as disclosed, there has been
no material change in the information disclosed in the notes to financial
statements included in the Annual Report on Form 10-K of Karrison Compagnie,
Inc. for the year ended March 31, 2003. In the opinion of management, all
adjustments (consisting of normal recurring accruals) considered necessary for a
fair presentation have been included. Operating results for the three-month
period ended June 30, 2003, are not necessarily indicative of the results that
may be expected for the year ending March 31, 2004.

NOTE 2: PUBLIC OFFERING

On May 10, 2002, the
Company completed its public offering and sold 1,000,000 shares of its common
stock. Net proceeds to the Company were $50,000.

ITEM 6.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATIONS

Revenue:  During the three months ended June 30, 2003, we generated $0 in revenue
from sales as compared to $0 for the three months ended June 30, 2002.  We conducted no
auctions or other sales during the three month period ending June 30, 2003.

Expenses: During the three months ending June 30, 2003, we incurred $5,429 in
expenses compared to $3,524 for the three months ending June 30, 2002.  The $1,905
increase was primarily due to general administrative expenses.

Net Loss:   During the three months ending June 30, 2003, we generated $5,375 in
losses as compared to $3,608 for the three months ending June 30, 2002.  The $1,767
increase in losses was primarily due to the fact that we conducted no auctions or other sales
during the three month period ending December 31, 2002 and, therefore, did not generate any
revenues during this period.

Liquidity and Capital Resources:   Over the next twelve months we expect our
primary expenses to be acquisition of antiques for sale, advertising costs associated with
conducting our sales, paying for the development and maintenance of our web page and
perhaps paying a salary to Ms. Nichols.  Our business plan is such that if we are successful in
generating net profits from our activities, we will acquire more antiques, perhaps conduct more
sales, hire additional staff and attempt to grow our company in an orderly way.  On May 10,
2002, we successfully completed our initial public offering raising $50,000 from fifty five (55)
shareholders.  These funds were used to pay down the loan from Karrison Nichols and to fund
our working capital needs.

We have signed a note with Ms. Nichols where she may loan up to $50,000 to our
company, although Ms. Nichols can choose whether or not she wants to make additional
advances under this note.  The loan balance as of June 30, 2003 is $2,252  Other than this
potential right to borrow from Ms. Nichols, we have no other external sources of financing
available.  However, the nature of our business is that with only a small amount of money, we
can continue in business and even potentially grow.  This is because, due to the previous loan
from our shareholder, we have some inventory that we can sell.  If we are able to sell this
inventory at a profit, we will generate more money that can be invested in inventory, potentially
exponentially increasing our asset base.  Although financing derived from the sale of our
shares can accelerate our growth, because we have only minimal expenses, we can survive
with little or no additional financing.

ITEM 1.  LEGAL PROCEEDINGS.

Not applicable.

ITEM 2.  CHANGES IN SECURITIES

Not applicable.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

Not applicable.

ITEM 4 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

Not applicable.

ITEM 5.  OTHER INFORMATION

Not applicable.

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

(A) Exhibits

See attached.

(B) Reports on Form 8-K

The Company did not file any reports on Form 8-K during the quarter ended June 30,
         2003.

SIGNATURES

In accordance with Section 13 or 15(a) of the Exchange Act, the Registrant has caused
this Report to be signed on its behalf by the undersigned, thereunto duly authorized on the
8th day of August, 2003.

KARRISON COMPAGNIE, INC.

/s/ Karrison Nichols 

                                                              Karrison Nichols, President,
                                                              Chief Executive Officer and
                                                              Principal Financial Officer

I, Karrison Nichols, President, Director, Chief Executive Officer and Principal Financial Officer
of Karrison Compagnie, Inc., certify that:

1.       I have reviewed this quarterly report on Form 10-QSB of Karrison Compagnie, Inc.;

2.       Based on my knowledge, this quarterly report does not contain any untrue statement of
         a material fact or omit to state a material fact necessary to make the statements made,
         in light of the circumstances under which such statements were made, not misleading
         with respect to the period covered by this quarterly report;

3.       Based on my knowledge, the financial statements, and other financial information
         included in this quarterly report, fairly present in all material respects the financial
         condition, results of operations and cash flows of the registrant as of, and for, the
         periods presented in this quarterly report;

4.       The registrant's other certifying officers and I are responsible for establishing and
         maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-
         14 and 15d-14) for the registrant and have:

a.       designed such disclosure controls and procedures to ensure that material
                  information relating to the registrant, including its consolidated subsidiaries, is
                  made known to us by others within those entities, particularly during the period
                  in which this quarterly report is being prepared;

b.       evaluated the effectiveness of the registrant's disclosure controls and
                  procedures as of a date within 90 days prior to the filing date of this quarterly
                  report (the "Evaluation Date"); and

c.       presented in this quarterly report our conclusions about the effectiveness of the
                  disclosure controls and procedures based on our evaluation as of the
                  Evaluation Date;

5.       The registrant's other certifying officers and I have disclosed, based on our most recent
         evaluation, to the registrant's auditors and the audit committee of registrant's board of
         directors (or persons performing the equivalent functions):

a.       all significant deficiencies in the design or operation of internal controls which
                  could adversely affect the registrant's ability to record, process, summarize and
                  report financial data and have identified for the registrant's auditors any material
                  weaknesses in internal controls; and

b.       any fraud, whether or not material, that involves management or other
                  employees who have a significant role in the registrant's internal controls; and

6.       The registrant's other certifying officers and I have indicated in this quarterly report

whether or not there were significant changes in internal controls or in other factors that
         could significantly affect internal controls subsequent to the date of our most recent
         evaluation, including any corrective actions with regard to significant deficiencies and
         material weaknesses.

Date: August 8, 2003

/s/ Karrison Nichols

                                                              Karrison Nichols, President,
                                                              Chief Executive Officer and
                                                              Principal Financial Officer