SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 1O-QSB


              [X]   Quarterly  Report  under  Section  13 or 15(d) of the
                    Securities Exchange Act of 1934

                  For the quarterly period ended March 31, 2002

                                       OR

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

         For the transition period from _____________ to ______________

                         Commission File Number: 0-29611


                              D.W.C. INSTALLATIONS
             (Exact name of Registrant as Specified in its Charter)

             NEVADA                                    88-0370247
    (State or other jurisdiction                (IRS Identification Number)
        of incorporation)

             15303 VENTURA BLVD., SUITE 1510, SHERMAN OAKS, CA 91403
                    (Address of principal executive offices)

                                 (818) 380-8161
                           (Issuer's telephone number)


-------------------------------------------------------------------------------

     Indicate  by check mark  whether the  registrant  (1) has filed all reports
required to filed by Section 13 or 15(d) or the Securities  Exchange Act of 1934
during the preceding 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 [ ]

     Indicate the number of shares  outstanding of each of the issuer's  classes
of common stock as the latest practicable date: As of March 31, 2002 - 1,121,000
shares of Common Stock, $.001 par value per share.

-------------------------------------------------------------------------------



<PAGE>



                              D.W.C. INSTALLATIONS

                                      INDEX


Part I. Financial Information

        Item 1. Financial Statements (unaudited)

                Balance Sheet .........................................    3

                Statements of Operations ..............................    4

                Statement of Stockholders' Equity .....................    5

                Statements of Cash Flows ..............................    6

                Notes to Financial Statements .........................    7

        Item 2. Management's Discussion and Analysis
                of Financial Condition and Results of
                Operation...............................................   8

Part II.   Other Information

   Item 1.      Legal Proceedings   ....................................   9

   Item 2.      Changes in the Rights
                of the Company's Security Holders ......................  10

   Item 3.      Defaults by the Company on its Senior Securities .......  10

   Item 4.      Results of Votes of Security Holders ...................  10

   Item 5.      Other Information ......................................  10

   Item 6.      Exhibits and Reports on Form 8-K .......................  10

   Signatures .........................................................   11

                                       2




<PAGE>


PART I.   FINANCIAL INFORMATION

Item 1.   Financial Statements


                              D.W.C. INSTALLATIONS
                          (A Development Stage Company)
                                 BALANCE SHEET


                                                                March 31,
                                                                  2002
                                                              -------------
                                                               (unaudited)
                                     ASSETS

   TOTAL ASSETS                                               $    -
                                                              =============


                      LIABILITIES AND STOCKHOLDERS' EQUITY

   TOTAL LIABILITIES                                          $    -
                                                              -------------


   STOCKHOLDERS' EQUITY:
     Preferred stock, $0.001 par value;
          10,000,000 shares authorized;
          none issued and outstanding                              -
     Common stock, $0.001 par value;
       75,000,000 shares authorized;
       1,121,000 shares issued and
       outstanding                                                1,121
     Additional paid-in capital                                  11,734
     Deficit accumulated during the
      development stage                                         (12,855)
                                                              -------------


        TOTAL STOCKHOLDERS' EQUITY                                 -
                                                              -------------

        TOTAL LIABILITIES AND STOCKHOLDERS'
          EQUITY                                              $    -
                                                              =============


    The accompanying notes are an integral part of the financial statements.


                                       3

<PAGE>

<TABLE>
<CAPTION>
                              D.W.C. INSTALLATIONS
                          (A Development Stage Company)
                            STATEMENTS OF OPERATIONS
                                   (unaudited)

                                                             For the Period
                                                              from Sept. 25,
                                 For the Three Months            1996
                                   Ended March 31,          (inception) to
                                ----------------------         March 31,
                                    2002       2001              2002
                                ----------   ---------      ---------------
<S>                             <C>          <C>            <C>
REVENUE                         $     -      $    -         $          -


GENERAL, SELLING
AND ADMINISTRATIVE EXPENSES         4,250           -               12,855

                                ----------   ---------      ---------------

LOSS BEFORE TAXES                  (4,250)        -                (12,855)

PROVISION FOR INCOME TAXES            -           -                     -
                                ----------   ---------      ---------------

NET LOSS                        $  (4,250)   $    -         $      (12,855)
                                ==========   =========      ===============

NET LOSS PER COMMON
SHARE - basic and diluted       $  (0.004)   $    -         $        (0.01)
                                ==========   =========      ===============


WEIGHTED AVERAGE NUMBER OF
COMMON SHARES OUTSTANDING -
basic and diluted               1,121,000    1,121,000           1,121,000
                                ==========   =========      ===============
</TABLE>





    The accompanying notes are an integral part of the financial statements.

                                       4


<PAGE>


<TABLE>
<CAPTION>
                              D.W.C. INSTALLATIONS
                          (A Development Stage Company)
                       STATEMENTS OF STOCKHOLDERS' EQUITY


                                                                          Deficit
                                                                        Accumulated       Total
                                       Common Stock      Additional     During the     Stockholders'
                                   -------------------    Paid-In       Development      Equity
                                    Shares     Amount     Capital          Stage       (Deficiency)
                                   -------     --------  ------------   -----------    ------------
  <S>                              <C>         <C>       <C>            <C>            <C>
  Balance, September 25, 1996            -     $     -    $       -     $      -       $         -

  Issuance of common stock
  for cash on September 25, 1996
  at $0.005 per share (Restated
  for 100:1 stock split)           1,121,000     1,121        4,484            -             5,605

  Net loss                               -           -            -       (5,605)           (5,605)
                                   ---------   --------   ---------     -----------    -----------
  Balance, December 31, 1996       1,121,000     1,121        4,484       (5,605)                -

  Net loss                               -           -            -            -                 -
                                   ---------   --------   ---------     -----------    -----------

  Balance, December 31, 1997       1,121,000     1,121        4,484       (5,605)                -

  Net loss                               -           -            -            -                 -
                                   ---------   --------   ---------     -----------    -----------

  Balance, December 31, 1998       1,121,000     1,121        4,484       (5,605)                -

  Net loss                               -           -            -            -                 -
                                   ---------   --------   ---------     -----------    -----------
  Balance, December 31, 1999       1,121,000     1,121        4,484       (5,605)                -

  Net loss                               -           -            -       (3,000)           (3,000)
  Contribution by officer                -           -        3,000            -             3,000
                                   ---------   --------   ---------     -----------    -----------
  Balance, December 31, 2000       1,121,000     1,121        7,484       (8,605)                -

  Net loss                               -          -             -            -                 -
                                   ---------   --------   ---------     -----------    -----------
  Balance, December 31, 2001       1,121,000     1,121        7,484       (8,605)                -

  Net loss (Unaudited)                   -           -            -       (4,250)           (4,250)
  Contribution by officer                -           -        4,250            -             4,250
                                   ---------   --------   ---------     -----------    -----------
  Balance, March 31, 2002
    (Unaudited)                    1,121,000     1,121       11,734      (12,855)                -
                                   =========   ========   =========     ===========    ===========
</TABLE>


     The accompanying notes are integral part of the financial statements.

                                       5

<PAGE>


                              D.W.C. INSTALLATIONS
                          (A Development Stage Company)
                            STATEMENTS OF CASH FLOWS
                                   (unaudited)


                                                             For the Period
                                                           from Sept 25, 1996
                                  For the Three Months       (inception) to
                                     Ended March 31,            March 31,
                                 ----------------------    -----------------
                                    2002         2001             2002
                                 ----------   ---------     ---------------

CASH USED IN OPERATING
ACTIVITES
   Net Loss                      $  (4,250)   $     -       $     (12,855)

CASH FLOWS PROVIDED BY
FINANCING ACTIVITIES
   Issuance of Common Stock      $      -     $     -       $       5,605
   Contribution by officer           4,250          -               7,250
                                 ----------   ---------     ---------------
Net Cash from Financing
   Activities                    $   4,250    $     -       $      12,855
                                 ----------   ---------     ---------------

NET CHANGE IN CASH AND CASH             -           -                 -
EQUIVALENTS

CASH AND CASH EQUIVALENTS -             -           -                 -
beginning of period
                                 ----------   ---------     ---------------

CASH AND CASH EQUIVALENTS -
end of period                    $      -     $     -       $         -
                                 ==========   ===========   ===============

SUPPLEMENTAL CASH FLOW
INFORMATION:
   Cash paid during the year-
      Interest paid              $      -     $     -       $         -
                                 ==========   ===========   ===============

      Income taxes paid          $      -     $     -       $         -
                                 ==========   ===========   ===============


      The accompanying notes are an integral part of the financial statements.

                                       6


<PAGE>


                              D.W.C. INSTALLATIONS
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                           MARCH 31, 2002 (UNAUDITED)

  NOTE 1 -   DESCRIPTION OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES

               Nature of Operations
               --------------------
               D.W.C. INSTALLATIONS ("Company") is currently a development stage
               company under the provisions of Statement of Financial Accounting
               Standards  ("SFAS") No. 7. The Company was incorporated under the
               laws  of the  State  of  Nevada  on  September  25,  1996.  It is
               management's   objective  to  seek  a  merger  with  an  existing
               operating company.

               Basis of Presentation
               ---------------------
               The accompanying unaudited interim financial statements of D.W.C.
               Installations  ("Company")  have been prepared in accordance with
               accounting principles generally accepted in the United States for
               interim financial information.  Accordingly,  they do not include
               all  of  the   information   and  notes  required  by  accounting
               principles  generally  accepted in the United States for complete
               financial  statements.   The  accompanying  financial  statements
               reflect  all   adjustments   (consisting   of  normal   recurring
               accruals),  which are, in the opinion of  management,  considered
               necessary for a fair  presentation of the results for the interim
               periods presented.  Operating results for the quarter ended March
               31, 2002 are not  necessarily  indicative of the results that may
               be expected for the fiscal year ending  December 31, 2002.  These
               financial  statements  should  be read in  conjunction  with  the
               audited  financial  statements  included in the Company's  Annual
               Report on Form 10-KSB for the year ended December 31, 2001.

               The  accompanying  financial  statements  have been  prepared  in
               conformity with generally accepted accounting  principles,  which
               contemplate  continuation  of the  Company  as a  going  concern.
               However,  the Company has no established source of revenue.  This
               factor raises  substantial  doubt about the Company's  ability to
               continue as a going  concern.  Without  realization of additional
               capital,  it would be  unlikely  for the Company to continue as a
               going  concern.  The  financial  statements  do not  include  any
               adjustments  relating to the recoverability and classification of
               recorded  asset  amount,   or  amounts  and   classification   of
               liabilities  that might be necessary should the Company be unable
               to continue in existence.  It is  management's  objective to seek
               additional  capital  through a merger with an existing  operating
               company.

                                       7

<PAGE>

                              D.W.C. INSTALLATIONS
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                           MARCH 31, 2002 (UNAUDITED)

  NOTE 1 -    DESCRIPTION OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES
              (Continued)

               Use of Estimates
               ----------------
               The  preparation  of  financial  statements  in  conformity  with
               generally accepted  accounting  principles requires management to
               make estimates and assumptions  that affect the reported  amounts
               of assets and liabilities and disclosure of contingent assets and
               liabilities  at the  date  of the  financial  statements  and the
               reported  amounts of revenue and  expenses  during the  reporting
               period. Actual results could differ from those estimates.

               Cash and Cash Equivalents
               -------------------------
               The Company  considers  all highly liquid  investments  purchased
               with  original  maturities  of  three  months  or less to be cash
               equivalents.

               Recent Accounting Pronouncements
               --------------------------------
               In  July  2001,   the  FASB   issued   SFAS  No.  141   "Business
               Combinations."  SFAS No.  141  supersedes  Accounting  Principles
               Board ("APB") No. 16 and requires that any business  combinations
               initiated  after June 30,  2001 be  accounted  for as a purchase;
               therefore,  eliminating the pooling-of-interest method defined in
               APB 16. The statement was effective for any business  combination
               initiated  after June 30,  2001 and shall  apply to all  business
               combinations  accounted for by the purchase  method for which the
               date of  acquisition  is July 1, 2001 or later.  The adoption did
               not have a material impact on the Company's financial position or
               results of operations  since the Company has not  participated in
               such activities covered under this pronouncement.

               In July 2001,  the FASB issued SFAS No. 142,  "Goodwill and Other
               Intangibles."  SFAS No. 142  addresses  the initial  recognition,
               measurement  and  amortization  of  intangible   assets  acquired
               individually  or with a group of  other  assets  (but  not  those
               acquired   in  a  business   combination)   and   addresses   the
               amortization  provisions  for excess  cost over fair value of net
               assets   acquired   or   intangibles   acquired   in  a  business
               combination.   The   statement  is  effective  for  fiscal  years
               beginning  after December 15, 2001, and is effective July 1, 2001
               for any intangibles acquired in a business combination  initiated
               after  June  30,   2001.   The  Company  has   implemented   this
               pronouncement and has concluded that the adoption has no material
               impact to the financial statements.

                                       8

<PAGE>


                              D.W.C. INSTALLATIONS
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                           MARCH 31, 2002 (UNAUDITED)

  NOTE 1 -    DESCRIPTION OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES
               (Continued)

               Recent Accounting Pronouncements, continued
               -------------------------------------------
               In  October  2001,  the  FASB  recently   issued  SFAS  No.  143,
               "Accounting  for Asset  Retirement  Obligations,"  which requires
               companies  to  record  the fair  value of a  liability  for asset
               retirement  obligations in the period in which they are incurred.
               The statement applies to a company's legal obligations associated
               with the retirement of a tangible  long-lived  asset that results
               from the  acquisition,  construction,  and development or through
               the normal operation of a long-lived  asset.  When a liability is
               initially  recorded,  the  company  would  capitalize  the  cost,
               thereby  increasing the carrying amount of the related asset. The
               capitalized asset retirement cost is depreciated over the life of
               the  respective  asset  while the  liability  is  accreted to its
               present value.  Upon settlement of the liability,  the obligation
               is settled at its recorded amount or the company incurs a gain or
               loss. The statement is effective for fiscal years beginning after
               June 30, 2002. The Company does not expect the adoption to have a
               material impact to the Company's financial position or results of
               operations.

               In October 2001,  the FASB issued SFAS No. 144,  "Accounting  for
               the Impairment or Disposal of Long-Lived  Assets".  Statement 144
               addresses the  accounting  and  reporting  for the  impairment or
               disposal of long-lived  assets.  The statement  provides a single
               accounting  model for  long-lived  assets to be disposed  of. New
               criteria   must  be  met  to  classify  the  asset  as  an  asset
               held-for-sale.  This  statement  also  focuses on  reporting  the
               effects of a disposal of a segment of a business.  This statement
               is effective for fiscal years  beginning after December 15, 2001.
               The Company has implemented this  pronouncement and has concluded
               that  the  adoption  has no  material  impact  to  the  financial
               statements.

NOTE 2 -       RELATED PARTY TRANSACTION

               The Company  incurred legal and accounting  fees of $4,250 in the
               quarter ended March 31, 2002 which were paid by an officer of the
               Company.  The officer does not expect this amount to be paid back
               by  the  Company  and  therefore  the  amount  is  considered  as
               additional paid-in capital.

                                       9

<PAGE>

Item 2.
                               D.W.C. INSTALLTIONS

             MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
                            AND RESULTS OF OPERATION

     The  Company has not  commenced  business  activities  and has no assets or
operations.  The Company is dependent  upon its officers to meet any  de-minimis
costs which may occur.

     Alan Schram, an officer and director of the Company,  has agreed to provide
the  necessary  funds,  without  interest,  for the  Company to comply  with the
Securities Exchange Act of 1934, as amended,  provided that he is an officer and
director of the Company  when the  obligation  is  incurred.  All  advances  are
interest-free.

     In  addition,  since  the  Company  has had no  operating  history  nor any
revenues or earnings from  operations,  with no significant  assets or financial
resources, the Company will in all likelihood sustain operating expenses without
corresponding   revenues,   at  least  until  the  consummation  of  a  business
combination. This may result in the Company incurring a net operating loss which
will  increase   continuously  until  the  Company  can  consummate  a  business
combination with a profitable business opportunity.  There is assurance that the
Company can identify such a business  opportunity and consummate such a business
combination.


PART II.    Other Information

Item 1.     Legal Proceedings - None.

Item 2.     Changes in the Rights of the Company's Security Holders - None.

Item 3.     Defaults by the Company on its Senior Securities - None.

Item 4.     Results of Votes of Security Holders - None.

Item 5.     Other Information - None.

Item 6.     Exhibits and Reports on Form 8-K

     (a)   Exhibits

           None

     (b)   Reports on Form 8-K

           None

                                       10

<PAGE>



                                   SIGNATURES



      Pursuant to the  requirement of the  Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.



                               D.W.C. INSTALLATIONS
                               Registrant



Date: May 14, 2002              /s/ Alan Schram
                               ----------------------
                                 Alan Schram
                                 President



                                       11