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 September 30, 2004

Commission file number 000-29243

New Century Resources Corporation

(Exact name of small business issuer as specified in its charter)

Nevada                                                                         98-0361773

(State or other jurisdiction of  Incorporation or organization)(IRS Employer Identification No)

5 Vassili Michaelide, Lakatania, Nicosia , Cyprus 2314

Nicosia , Cyprus

(Address of principal executive offices)

(011)-357-22-816226

(Issuer's telephone number, including area code)

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 past 12 months (or for such shorter period that the
registrant was required to file such reports) Yes [] No [X ], and (2) has been subject to such filing
requirements for the past 90 days. Yes [X] No [ ]

APPLICABLE ONLY TO CORPORATE ISSUERS:

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

As of September 30, 2004 , the issuer had outstanding 12,481,724 shares of its Common Stock,
$0.001 par value. **PART I**

**ITEM 1. FINANCIAL STATEMENTS**

The Unaudited financial statements of New Century Resources Corporation, a Nevada
corporation, (the "Company") as of September 30, 2004 , were prepared by Management and
commence on the following page. In the opinion of Management, the financial statements fairly
present the financial condition of the Company.

|**NEW CENTURY RESOURCES CORPORATION**                                                                                                                                                        
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|**BALANCE SHEETS**                                                                                                                                                                           
|**(Unaudited)**                                                                                                                                                                              
|**ASSETS**                                                                                                                                                                                   
|                                                                                                                                                                                             
|**Current Assets:**                                                                                                                                                                          
|Cash                                                                                                                                                                                         
|**Total Current Assets**                                                                                                                                                                     
|**Fixed Assets:**                                                                                                                                                                            
|Office furnishings and equipment                                                                                                                                                             
|Accumulated depreciation                                                                                                                                                                     
|**Total Fixed Assets**                                                                                                                                                                       
|**TOTAL ASSETs**                                                                                                                                                                             
|**LIABILITIES AND STOCKHOLDERS'
(DEFICIT)**                                                                                                                                                  
|**Current Liabilities:**                                                                                                                                                                     
|Accounts payable                                                                                                                                                                             
|**Total Current Liabilities**                                                                                                                                                                
|**Stockholders' Equity (Deficit):**                                                                                                                                                          
|Preferred stock, $ .001 par value, authorized
50,000,000 shares; no shares issued at
September 30, 2004 and at December 31, 2003                                                             
|Common stock, $.001 par value, authorized
200,000,000 shares; 12,481,724 shares issued
and outstanding at September 30, 2004 and
8,481,724 shares issued and outstanding at
December 31, 2003
|**Additional Paid-In Capital**                                                                                                                                                               
|**Retained Earnings (Deficit)**                                                                                                                                                              
|**Total Stockholders' Equity (Deficit)**                                                                                                                                                     
|**Total Liabilities and Stockholders' Equity
(Deficit)**                                                                                                                                     
|**See accompanying notes to financial statements.**                                                                                                                                          

|**NEW CENTURY RESOURCES CORPORATION**             
|--------------------------------------------------
|**STATEMENTS OF OPERATIONS**                      
|**(UNAUDITED** **)**                              
|                                                  
|                                                  
|**Revenue:**                                      
|**Total Revenue**                                 
|**Operating Expense:**                            
|General & administrative
expenses                 
|Professional fees                                 
|**Total Operating Expense**                       
|**Net Loss**                                      
|**Net Loss Per Common Share**                     
|**(Basic and Fully Diluted)**                     
|**Weighted Average Shares**                       
|**Common Stock Outstanding**                      
|**See accompanying notes to financial statements**

|**NEW CENTURY RESOURCES CORPORATION**                                  
|-----------------------------------------------------------------------
|**STATEMENTS OF CASH FLOWS**                                           
|                                                                       
|                                                                       
|**Cash Used in Operating
Activities:**                                 
|**Net Loss**                                                           
|**Adjustments to Reconcile
Net Loss to Cash Flows used
in Operations:**
|Issuance of common stock for
services rendered                         
|Increase (Decrease) in
accounts payable                                
|**Net Cash used in Operating
Activities**                              
|**Cash Provided by Financing
Activities:**                             
|Capital contribution by
stockholder for expenses                       
|Net Increase Cash Flow from
Financing Activities                       
|**Net Increase in Cash for
Period**                                    
|**Cash at Beginning of Period**                                        
|**CASH AND CASH
EQUIVALENTS AT END
OF PERIOD**                         
|                                                                       
|**See accompanying notes to financial statements.**                    

NOTES TO FINANCIAL STATEMENTS

A. BASIS OF PRESENTATION

The interim financial statements of New Century Resources Corporation (the Company) for the
three months and nine months ended September 31, 2004 and 2003 are not audited. The financial
statements are prepared in accordance with requirements for unaudited interim periods, and
consequently do not include all of the disclosures required to be in conformity with accounting
principles generally accepted in the United States of America.

In the opinion of management, the accompanying financial statements contain all adjustments,
consisting of normal recurring accruals, necessary for a fair presentation of the
Company'sfinancial position as of September 30, 2005 and the results of operations and cash
flows for the three months and nine months ended September 30, 2004 and 2003.

The results of operation for the three and nine months ended September 30, 2004 and 2003 are
not necessarily indicative of the results for a full year period.

B. ORGANIZATION AND ACCOUNTING POLICIES

New Century Resources Corporation (the Company), was incorporated under the laws of the
State of Utah in July of 1979 as WEM Petroleum, Inc. In October 1993, the Corporation changed
its name to New Century Resources Corporation, acquiring 100% of the outstanding stock of
G.C. Gulf Western Trading Limited (G.C.) in exchange for 7,200,000 shares of stock, which
gave the stockholders of G.C. control of the Corporation by which it has conducted its
operations. This acquisition was accounted for as a reverse merger or recapitalization of G.C. No
goodwill or other write-up to fair market value of the assets of G.C. occurred at the time of the
merger. In 1994, the company was redomiciled in the state of Nevada.

The Company divested itself of its 100% owned subsidiary G.C. on December 12, 2000, thereby
eliminating the Trekkopje mining claims, a capitalized cost of $10,533,252, the related liabilities
amounting to $8,500,000 from its acquisition, the note payable to its principal stockholder, which
aggregated, came to a total of $1,046,640, and any claims to accrued interest. This divestiture
was the unanimous decision of the board of directors, which was based in part, upon the
Corporation's inability to raise the necessary capital to fund the exploration and development of
the Trekkopje Uranium reserves. In addition, a feasibility study conducted by Dr. Brian
Hambleton played crucial role in their decision making process, concluding that, due to the
current Uranium market, exploitation of the Uranium reserves on the property would not be
financially viable, and did not foresee any immediate or mid-term prospects in world market
conditions and pricing which would lead to a pricing level justifiable of the exploitation of the
Uranium reserves.

INCOME TAXES

The Company has incurred losses from inception, and has not been subject to any significant
income taxes foreign or U S. The Company has recognized no income tax assets from future
benefits of its loss carry forward, as realization is doubtful. The Company has not filed a
consolidated tax return, so it is doubtful that any of its losses will be available for U. S. federal
income tax purposes, as its operating subsidiary, G.C., incurred the majority of the losses in the
development of a Uranium mine in Namibia.

OFFICE FURNITURE., EQUIPMENT AND DEPRECIATION

The Company's office furniture and equipment are stated at cost. Depreciation has been provided
on the straight-line basis over periods of five to ten years.

FOREIGN CURRENCY

The Company has no significant foreign currency gains or losses in the translation of either
balance sheets or income statements amounts, as the majority of its operations have been
conducted in U.S. dollars.

C. COMMON STOCK

The Company has no stock options or other dilutive stock instruments outstanding. The
Company reverse split its stock 91:1 in October 1993 and redeemed 520,000 shares in the year
ending December 31,1997 for a contribution to capital of $1,425. The Company has had no other
stock transactions since this date.

The Company filed a Certificate of Amendment with the state of Nevada on June 23, 2004,
changing the authorized number of shares that the Company is authorized to issue. The number
of preferred shares authorized has remained at 50,000,000 and the number of shares authorized
has been increased to 200,000,000. The par value of each share remains at $.001 per share.

At December 31, 2003, the Company had a liability of $125,000 in accrued consulting fees. On
June 2, 2004, the Company issued 4,000,000 shares of common stock, valued at $.03 per share,
satisfying the $125,000 debt.

D. DIVESTURE OF G.C. GULF WESTERN TRADING LIMITED

On December 12, 2000, the Company divested itself of its 100% owned subsidiary and its
primary stockholder forgave the balance owed him in the amount of $1,046,640. The transaction
resulted in a reduction of paid-in capital for the Corporation of $985,938, which is the amount of
the capitalized mineral development costs in excess of the liabilities eliminated. The Company
had an option to acquire the Klein Trekkopje Uranium deposit in Namibia for $8,500,000,
subject to confirmation of the Uranium reserves through a drilling program. The Company's prior
auditors reflected the option liability price as paid-in capital; however, U.S. Generally Accepted
Accounting Principles (GAAP) requires the liability for the purchase price to be carried as a
liability. Therefore, the Company's paid-in capital was restated reflecting the reduction of the
$8,500,000 option, which has not been exercised to date.

**PART II - OTHER INFORMATION**

**ITEM 1. LEGAL PROCEEDINGS**

None.

**ITEM 2. CHANGE IN SECURITIES**

None.

**ITEM 3. DEFAULTS UPON SENIOR SECURITIES**

Not applicable.

**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) Exhibits 
No exhibits are included as they are either not required or not applicable.

(b) Reports on Form 8-K

None.**SIGNATURES** 
In accordance with the requirements of the Securities Exchange Act of 1934, the Registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

**NEW CENTURY RESOURCES CORPORATION**

**Date: June 29, 2005**

**_/s/ George Christodoulou**

George Christodoulou

President and Director