SECURITIES and EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-KSB

          Annual Report Pursuant to the Securities Exchange Act of 1934

                  For the fiscal year ended: September 30, 2003

                         Commission file number: 000-49622


                         CAP CENTRAL ACCESS POINT, INC.
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)


                     NEVADA                            88-0504522
            ----------------------               ---------------------
           (State or Jurisdiction of               (I.R.S. Employer
        Incorporation or Organization)            Identification No.)



                 1973 N. Nellis Blvd. #114, Las Vegas, NV 89115
         ---------------------------------------------------------------
               (Address of principal place of business or intended
                          principal place of business.)


                   Registrant's Telephone Number: (702)306-2135


          Securities registered pursuant to Section 12(b) of the Act:

                 Title of each class: None

                 Name of each exchange on which registered: N/A

          Securities registered pursuant to Section 12(g) of the Act:

                 Title of each class:  Common Stock, No Par Value


Check whether the issuer (1) 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 requirement sfor the past 90 days. [X] Yes       [ ] No


                                      -i-

<PAGE>


[ ] Check if disclosure of delinquent filers pursuant to Item 405 of Regulation
S-B is not contained in this form, and no disclosure will be contained, to the
best of Registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-KSB or any amendment to
this Form 10-KSB.


State issuer's revenues for its most recent fiscal year. $0.


State the aggregate market value of the voting and non-voting common equity held
by non-affiliates computed by reference to the price at which the common equity
was sold, or the average bid and asked price of such common equity, as of a
specified date within the past 60 days. (See definition of affiliate in Rule
12b-2 of the Exchange Act.)

     As of 30 November 15, 2003 the Company had 13,065,851 common shares issued
     and outstanding, with a total of 10,565,851 owned by non-affiliates. There
     is currently no trading market for the shares.


    (ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PAST FIVE YEARS)

Check whether the issuer has filed all documents and reports required to be
filed by Section 12, 13 or 14(d) of the Exchange Act after the distribution of
securities under a plan confirmed by a court.  [ ] Yes       [ ] No


                   (APPLICABLE ONLY TO CORPORATE REGISTRANTS)

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

     As of 30 November 30, 2002 the Company had 13,065,851 shares of common
     stock, $.001 par value issued and outstanding.


                       DOCUMENTS INCORPORATED BY REFERENCE

     None.


Transitional Small Business Disclosure Format:

            [  ] Yes                [X]  No


                                      -ii-
<PAGE>
              CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
              ----------------------------------------------------

This report, including the documents incorporated by reference, contains
statements that are forward-looking, based on management's current expectations
about the future. Forward-looking statements are often identified by qualifiers
such as "expect," "believe," "intend," "will," and similar expressions.

Readers are cautioned not to place undue reliance on any forward-looking
statements. All forward-looking statements are based on current expectations
regarding important risk factors, many of which are outside our control.
Accordingly, actual results may differ materially from those expressed in the
forward-looking statements, and the making of those statements should not be
regarded as a representation by us or any other person that the results
expressed in the statements will be achieved. In addition, we assume no
obligation publicly to update or revise any forward-looking statements, whether
because of new information or events, or otherwise.


                                     PART I

ITEM 1. DESCRIPTION OF BUSINESS.

HISTORY

     CAP Central Access Point, Inc. was incorporated under the laws of the state
of Nevada on August 8, 2001. On September 7, 2001 we completed a private
placement of 10,200,000 shares of our $.001 par value common stock to 17
shareholders, producing net proceeds of $17,000.00, substantially all of which
we used to cover expenses relating to our registration statement under the
Securities Act. In August of 2002 we completed a second private placement for
$18,293, the proceeds of which have covered our operating expenses to date.

     Since our inception, we have not been involved in any bankruptcy,
receivership or similar proceeding, nor have we been involved in a
reclassification, merger, consolidation, or a purchase or sale of a significant
amount or our assets.




                                      -1-
<PAGE>

OUR BUSINESS

     Our business is the design, manufacture and marketing of the Internet
Connection Kiosk ("ICK"), which can be described simply as an Internet-enabled
counterpart to the public pay telephone. The kiosks are self-contained terminals
designed to be situated in high foot traffic public locations, and will permit
users to connect to the internet in order to access electronic mail ("e-mail"),
websites, newsgroups, and most other internet-based content. Users will pay a
fee for this access by providing at the kiosk either a credit or debit card, a
pre-paid access card, or cash. We do not currently manufacture the kiosks, and
in fact we expect initially to oursource all or substantiall all of the
manufacturing work.


Products

     We intend the ICK to provide the user all of the Internet functionality of
a personal computer in a public space. The ICK will respond to the need for
ubiquitous access to information by delivering needed or desired information in
a convenient location at a convenient time. Users will have the ability to
access the Internet and email as easily as they can withdraw money from an
automated teller machine.

     The ICK will be a relatively unsophisticated product. It is essentially a
standard PC housed in an enclosure and equipped with kiosk software. Once
connected to the Internet, the ICK is ready for placement in a public location.
These components are all discussed below.

     Hardware - The enclosure is the exterior of the unit. The ICK will utilize
a pleasing design that is harmonious with the aesthetics of the location and yet
attracts the user's attention. Initially, this approach will require a somewhat
higher cost of design and manufacture, compared to a "one-size-fits-all"
configuration, but we expect that with time and experience we will evolve a
"line" of perhaps a dozen configurations, one of which will meet the
compatibility needs of most locations. Because we hope that the ICK will become
a more or less permanent fixture, we believe it important to respect the
locations' existing aesthetics.

     We intend initially to outsource the manufacturing of the ICK enclosure as
well as the assembly of the completed unit. Outsourcing the manufacturing will
minimize start-up investment since we will not be required to invest in
manufacturing facilities, warehouse facilities, raw materials, labor costs, etc.
Each ICK will be manufactured to the Company's specifications, and will be


                                      -2-
<PAGE>

tested thoroughly before being placed in a location. We are evaluating a number
of possible manufacturers, but have not yet finalized an agreement. We expect
that eventually, if our production volume reaches sufficiently high levels, we
will assume the principal manufacturing role; however, we cannot determine at
this time what that volume level will be, or the amount of capital we will need.

     We are holding discussions with several computer makers regarding the
supply of machines to be used as part of the ICK terminal. We believe that
current market conditions in the personal computer industry are such that we
will be able to negotiate favorable prices and terms on quantities of computers.
We are attempting to negotiate an arrangement with one or more suppliers whereby
we can use our common stock for part of the purchase price of the equipment.
Should we issue stock for this purpose, our existing shareholders will
experience a dilution in their proportionate ownership.

     Likely ICK computer hardware specifications will include:

     o    Keyboard (spill-proof if available);

     o    Mouse, touch pad or trackball;

     o    40X CD ROM;

     o    126 Megabytes of RAM or better;

     o    20 Gigabyte Hard Drive or better;

     o    15" - 17" SVGA Monitor (or touch screen; see below);

     o    CPU: Intel Pentium or better;

     o    A network interface card (NIC); and

     o    Speakers.

In addition, we are considering installing touch screens for the ICK. A touch
screen is an intuitive computer input device that works by simply touching the
display screen. The touch screen is commonly used as the primary interface in an
interactive kiosk, and although its initial cost is higher, it is generally more
durable and reliable than a mouse, track ball or keyboard.



                                      -3-
<PAGE>

     The nature of the kiosk environment dictates a specialized software
interface, compared to that commonly used for Internet access in a home or
office environment. Designing and implementing software for Internet kiosks has
evolved into a very specialized business. A truly effective solution requires an
appreciation for all of the idiosyncrasies involved in public Internet access
including, at a minimum:

     o    The window management software should provide a graphical user
          interface (GUI). The appearance of the GUI will be similar to that of
          Microsoft Windows, providing familiarity to ICK users. Most Internet
          software is based on the Netscape or Internet Explorer browser, which
          the public generally is familiar with.

     o    Response times must be extremely fast. We think it unlikely that a
          customer will stand around and wait long periods of time in a public
          space for the kiosk to load or download content.

     o    Kiosk software must provide security from accidental or intentional
          attempts to break its code. Hot keys must be disabled and boot up
          sequences hidden. Software must address such services as ftp and
          telnet, as these can allow unwanted visitors access to the operating
          system.

     o    Kiosk software should anticipate exceptions such as message boxes,
          errors and crashes, and deal with them automatically. For example, a
          customer should not be presented with a message box regarding printer
          problems and choice of canceling or retrying.


A number of vendors currently offer products and services of varying
sophistication. Most are companies who specialize in kiosk software, and some
offer additional components of the kiosk solution as well. We intend to evaluate
a variety of software options to determine those that will provide the most
satisfying and trouble-free browsing experience for the user, then negotiate for
the most favorable terms available to us.

     Limited customer research performed by us disclosed that serviceability is
a primary concern of location owners that had previously installed or that were
contemplating installing an interactive kiosk. Accordingly, it will be important
for us to contract with one or more independent service organizations to
maintain and manage each ICK site on a seven day per week, twenty-four hour per
day basis. We have initiated discussions with possible providers, but have not
yet succeeded in executing a satisfactory service contract. Our inability to
provide reliable twenty-four hour service would likely have a negative impact on
our operations, as we would experience a loss of revenues and customer
dissatisfaction.



                                      -4-
<PAGE>

Marketing and Sales

     We plan to market the ICK via an in-house sales department with the aid of
a contracted advertising agency or marketing support firm. We expect to operate
initially with a about a dozen sales professionals plus a marketing manager,
although the actual make-up of the sales department will depend in large part on
our future success in raising capital and the capabilities of our marketing
firm. We have not yet entered into any contracts for marketing support.

     Our initial target market for placement of our kiosks will be economy
hotels and motels, and youth hostels, primarily in the U. S. West Coast states.
We believe that travelers who stay at such facilities are less likely than
patrons of major hotels to carry laptop computers or other internet access
appliances, and that many will need access to a device such as our ICK to send
and retrive email and obtain online information and services. The ICK will be
installed in the facility's lobby or an alternative centralized public access
room. Locating the ICK away from isolated areas may minimize the risk of
vandalism, as well as prompt impulse purchases. Eventually, we will attempt
placements in other high-traffic locations, possibly including, among others:

     o    Youth hostels and other backpacker locations
     o    Post offices
     o    Truck stops
     o    Train stations
     o    Libraries
     o    Museums
     o    Universities
     o    Gas stations
     o    Mini-marts and convenience stores
     o    Fast food outlets

To date, we have no firm commitments from any owners or managers of such
locations to install one of our ICK products.

     We expect our revenues to come primarily from (a) the payments by users who
access the internet from our kiosks, and (b) advertisers who purchase
advertising space within our software interface (i.e., our "home page" and
browser) as well as on the physical kiosk structure itself. Accordingly, we
intend to offer the ICK installation without charge to the host establishment,
in hopes of rapidly building a large installed base of kiosk units. We have
entered discussions with some possible advertisers, including national-brand
advertisers, but have not secured any firm commitments as of this filing and
have not determined the prices we will charge for the advertising.




                                      -5-
<PAGE>

     We are continuing to develop our marketing strategy at this time. However,
we expect that any such plan will initially address the following avenues:

     o    Test Marketing: We expect the ICK to be fully operational by the
          summer of 2002, and will perform a trial in a limited number of
          installations on the West Coast prior to full a product launch.

     o    Trade Shows: We plan to participate as an exhibitor to demonstrate the
          ICK and issue new product releases at national and international trade
          shows. We consider the following trade shows to be excellent venues in
          which to demonstrate the ICK: Internet Kiosk World Conference &
          Exhibition, executive conferences and trade shows organized by
          KioskCom, and Comdex. The Company will also explore opportunities at
          hospitality industry and Internet conferences throughout the world.

     o    Trade Publications: A number of print and online media opportunities
          exist for promoting the ICK. These sources include, but are not
          limited to: Kiosk Magazine, Kiosks.org, KioskCom.com,
          Kioskmarketplace.com, Vending Times, and VendingConnection.com.

          The Company is also considering publications relating to the
          hospitality and Internet industries. We intend to advertise the ICK in
          some or all of these publications to promote the product.

     o    Promotional Video and Informational Kit: We plan to produce a
          promotional/informational video describing the ICK and its features,
          benefits and value. A brochure and informational kit will also be
          created summarizing the features of the ICK.

Employees

     At present, we have no paid employees. Our two officers, Mark Svensson and
Michael Lee, each devote as much time to the Company's affairs as in their
judgment is warranted, currently about twenty-five to thirty hours per week,
without direct compensation. While we expect to employ staff in various
positions during the next twelve months, because of our uncertain finances we
cannot yet determine which or how many positions will be filled. Our ability to
recruit and retain qualified individuals in a number of disciplines is crucial
to our prospects for success, and there can be no assurance that we will be
successful in recruiting qualified people, or that we will have the cash
resources to pay and retain them.



                                      -6-
<PAGE>

Competition

     A number of companies are already well-established in interactive kiosk
marketing and specifically in kiosks designed for internet access. These
companies have far greater resources than we have, and it will likely be very
difficult for us to compete directly against them for market share. Based on our
own anecdotal market research, however, we believe these established firms have
so far satisfied only a small percentage of the potential market demand, and we
think it is reasonable that, with an effective marketing plan, we can place our
ICK units in thousands of sites not yet having another company's kiosk.

     The companies against whom we will most likely be competing for kiosk
placements and advertisers include:

   DynaTouch Corporation                 Web-enabled touch screen kiosks
   San Antonio, Texas                    and comprehensive services. In
                                         operation at 80% of U.S. military
                                         stations.

   Kiosk Information Systems, Inc.       World leader in design and manufacture
   Broomfield, Connecticut               of kiosks and public Internet
                                         stations. Deals with every aspect
                                         of kiosk deployment.

   TouchVision                           Builds Internet kiosk networks.
   Cypress, California                   Custom one-stop shop specializing in
                                         healthcare and retail systems.

   Streetspace, Inc.                     Single product company who are the
   Torrance, California                  makers of the Web Station, an
                                         Internet kiosk. Provide end-to-end
                                         solutions.

   NetNearu                              Primarily a software company that
   Bryan, Texas                          offers turnkey Internet kiosks.

We have no factual basis for comparing our production, marketing or other costs
to those of our potential competitors, nor our efficiencies in placing kiosks in
desirable locations. We hope and expect that our revenue-sharing model, whereby
we offer to install the ICK at no cost to the location owner and share the
revenues produced, will enable us to gain some market share notwithstanding the
competition. We cannot be certain, however, of any level of market penetration,
and if we are unable to compete effectively we may fail.



                                      -7-
<PAGE>

Regulation

     We do not believe that our proposed operations will be subject to any
specific regulatory scheme or authority, beyond the rules of fair practice that
apply to businesses generally. No government approvals will be needed for either
the construction, installation, or operation of our Internet Connection Kiosks.

     Due to the increasing popularity and use of the Internet, it is possible
that a number of laws and regulations may be adopted in the U.S. and abroad with
particular applicability to the Internet. It is possible that governments will
enact legislation that may be applicable to us or will have an impact on the way
we operate, in areas including content, network security, encryption, data and
privacy protection, electronic authentication or "digital" signatures, illegal
and harmful content, access charges and retransmission activities. Moreover, the
applicability to the Internet of existing laws governing issues including
property ownership, content, taxation, defamation and personal privacy is
uncertain.

     The majority of laws that currently regulate the Internet were adopted
before the widespread use and commercialization of the Internet and, as a
result, do not contemplate or address the unique issues of the Internet and
related technologies. Any export or import restrictions, new legislation or
regulation or governmental enforcement of existing regulations may limit the
growth of the Internet, increase our cost of doing business or increase our
legal exposure. Any of these factors could have a material adverse effect on our
business, financial condition and results of operations.

Research and Development.

     The company was organized in August of 2001 and to date has not made any
significant expenditure on research and development, to be borne by customers or
otherwise.

ITEM 2. DESCRIPTION OF PROPERTY

     We do not currently own any real property, nor do we contemplate purchasing
property in the foreseeable future. We have not yet established policies for
purchasing, holding, or disposing of real property. At present, we conduct all
of our activities from space provided to us free of charge in the respective
homes of our officers, and from a commercial office suite at 1973 N. Nellis
Blvd., #114, Las Vegas, Nevada, 89115. We expect these facilities to suffice for
our needs until we have obtained further funding and significantly increased the
level of our business activity.



                                      -8-
<PAGE>

ITEM 3. LEGAL PROCEEDINGS

     To our knowledge, there are no legal proceedings pending or threatened
involving the Company.


ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

     No matters were submitted to a vote of shareholders during the period.



                                    PART II

ITEM 5. MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

Market Information

     As of November 15, 2003, we had a total of 13,065,851 shares of common
stock issued and outstanding.

     There is currently no trading market for our shares, so purchasers of our
shares may find it difficult or impossible to dispose of them. We are in the
process of applying to the National Association of Securities Dealers ("NASD")
to have our shares listed and quoted on the Over-the-Counter Bulletin Board
("OTC-BB") quotation system, but we cannot assure you that an active trading
market in our shares will develop, or even that we will be listed.

We believe that 13,065,851 shares of common stock, or 100% of the total issued
and outstanding shares, are restricted securities within the meaning of Rule 144
promulgated under the Securities Exchange Act of 1934, as amended. In November
2001 we filed a registration statement on behalf of 17 selling shareholders
holding in the aggregate 10,200,000 shares. That registration statement became
effective January 29, 2002, making all of those shares eligible for public sale
into the market. An additional 365,851 shares issued in private placements
transactions may have become eligible for resale under Rule 144 in August of
2003. Should shares offered for sale exceed the number of shares buyers are
bidding to purchase, our stock price will most likely go down, and it may be
impossible for you to sell your shares at a favorable price, if at all.


Holders of Common Stock.

     As of November 30, 2003, there were 38 record holders of our common stock.
This number does not include stockholders for whom shares were held in a nominee
or street name.



                                      -9-
<PAGE>

Dividends.

     We have not previously paid any dividends on the common stock and do not
anticipate paying cash dividends in the foreseeable future. The only
restrictions that limit our ability to pay dividends on the common stock are
those imposed by Nevada law. Under Nevada law, no dividends or other
distributions may be made which would render us insolvent or reduce our assets
to less than the sum of our liabilities plus the amount needed to satisfy any
liquidation preference.

Transfer Agent.

     The Transfer Agent for our common stock is Holladay Stock Transfer of
Scottsdale, Arizona.


Recent Sales of Unregistered Securities

     The following securities were sold by executives of the Company without the
use of an underwriter. In effecting the sales, we relied on the exemption
authority provided by Section 4(2) of the Securities Act of 1933, as amended,
relating to sales not involving any public offering. We believe that all such
sales were made by our executive officers in private, negotiated transactions
without any advertising, public announcements or general solicitation. The
purchasers of the shares represented themselves in writing to be, and the
company believes them to be, members of one or more of the following classes:

     a.   Officers, directors, promoters or control persons of the issuer; or

     b.   Persons who are accredited investors as defined in Rule 501(a)
          promulgated under the Securities Act; or

     c.   Individuals who:

          i.   Are knowledgeable and sophisticated in investment matters;

          ii.  Are able to assess the risks of an investment such as in our
               securities;

          iii. Are financially able to bear the risk of a loss of their entire
               investment; and

          iv.  Have access to pertinent information regarding the issuer and its
               operations.



                                      -10-
<PAGE>

The shares are subject to the resale provisions of Rule 144 and Regulation S and
may not be sold or transferred without registration except in accordance with
Rule 144 or Regulation S. Certificates representing the securities bear a legend
to that effect.

<TABLE>
<CAPTION>
      Date                     Class                  Amount          Price        # of Purchasers
     ------                   -------                --------        -------      -----------------

<S>                  <C>                           <C>               <C>               <C>
August 8, 2001       Common, $.001 par value        2,500,000         $.001             2

September 7, 2001    Common, $.001 par value       10,200,000         $.00167           17

August 19, 2002      Common, $.001 par value          365,851         $.05              20
</TABLE>

Registration of Securities

     On January 29, 2002, our registration statement under the Securities Act of
1933 became effective respecting 10,200,000 shares offered by selling
shareholders. We will not receive any of the proceeds of those sales.


ITEM 6. PLAN OF OPERATION

     The following discussion and analysis should be read in conjunction with
our financial statements and the notes associated with them which follow in ITEM
7 of this Annual Report. This discussion should not be construed to imply that
the results discussed here will necessarily continue into the future or that any
conclusion reached will necessarily be indicative of actual operating results in
the future. The discussion represents only the best present assessment of
management.

     We have only recently organized and commenced operations, and have
extremely limited financial resources. We are considered to be a company in the
development stage, as we have no revenues from business operations. In August
2002 we raised $18,293 from private sales of common stock, and we expect to
raise additional capital over the next 12 months by selling our common stock or
perhaps other securities of the Company, but we have no commitments as yet from
any underwriter or prospective investor. When we issue new equity securities,
the proportionate ownership of then-existing security holders will be diminished
("dilution"). If we do not succeed in raising capital, our business may fail.



                                      -11-
<PAGE>

     We have not yet determined the total amount of capital that will be needed
to fund our operations to the point of producing revenues. From our inception
August 8, 2001, we have incurred an accumulated operating deficit of $38,480,
substantially all of which was for organization costs, administratrive expenses,
and professional fees in connection with a registration of securities and
meeting our public company filing obligations. We expect to continue to incur
losses for the foreseeable future. However, we do not plan to incur any
significant product development, marketing, or other business development costs
until such time as we have worked out a detailed budget and cash flow
projections, and have received commitments for the required financing from
private investors, underwriters, banks, venture capital firms, or some
combination of sources.

     Initially, the primary marketing effort will continue to be the officers'
direct contacts with prospective location owners and managers, at nominal cost
to the company. The scope of implementation of our longer-term marketing
strategy (see "DESCRIPTION OF BUSINESS - Marketing and Sales" above) will depend
upon the success of our capital formation efforts, of which we are currently
uncertain. We believe a minimum expenditure on marketing during the next 12
months of about $50,000 will be necessary in order to capture a meaningful level
of advertiser interest, and perhaps an additional $100,000 to secure sufficient
advertiser orders to produce a consistent revenue stream.

We originally expected to begin placements of fully-operational ICK units by
early to mid 2003; however, because we still have not received funding
commitments we were unable to meet that goal. In order to begin placements of
units, we will have to succeed in (a) raising capital of $150,000 - $250,000,
(b) reaching satisfactory agreements with suppliers and manufacturers, and (c)
finalizing agreements with owners or managers of suitable locations. Ideally,
we would like to have our maintenance-support contractor in place as well, to
better ensure a favorable experience for the early location owners. Based on the
current status of discussions and negotiations with the various parties, we
believe the early to mid 2003 goal is reasonable; however, the accomplishment of
each of these milestones remains uncertain. If we are unable to raise sufficient
capital to achieve these milestones, we will continue to focus our efforts to
refine and improve or kiosk designs, while our executive officers prospect for
investment capital.

     Absent significant external funding, our activities over the next twelve
months will be limited to the development of the company's strategic plan, ICK
design and engineering performed by the company's officers without compensation,
and capital formation. We will need a minimum level of funding, in excess of
US$150,000, before we can produce any meaningful revenue, since prior to
installing even one unit we must have worked out not only the hardware
configuration but also the software protocols that will provide for the
generation of the revenues, as well as the service and technical support
function. We are uncertain what, if any, staffing we will put in place during
that time, but if funds become available to us through our financing activities,
we will likely begin some recruiting efforts.



                                      -12-
<PAGE>

ITEM 7. FINANCIAL STATEMENTS

                             RANDY SIMPSON CPA, P.C.
                            11775 SOUTH NICKLAUS ROAD
                                SANDY, UTAH 84092
                           FAX & PHONE (801) 572-3009

Board of Directors and Stockholders
CAP Central Access Point, Inc.
(A Development Stage Company)
Las Vegas, NV

INDEPENDENT AUDITORS' REPORT

I have audited the accompanying balance sheet of CAP Central Access Point, Inc.
(A Development Stage Company) as of September 30, 2003, and the related
statements of operations, shareholders' equity and cash flows for the year ended
September 30, 2003, and from inception (August 8, 2001) through September 30,
2003. These financial statements are the responsibility of the Company's
management. My responsibility is to express an opinion on these financial
statements based on our audit.

I conducted my audit in accordance with generally accepted auditing standards.
Those standards require that I plan and perform the audit to obtain reasonable
assurance about whether the financial statements are free of material
misstatement. An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements. An audit also includes
assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement presentation.
I believe that my audit of the financial statements provides a reasonable basis
for my opinion.

In my opinion, based on my audit, the financial statements referred to above
present fairly, in all material respects, the financial position of CAP Central
Access Point, Inc. (a Development Stage Company) as of September 30, 2003, and
the results of operations, shareholders' equity and cash flows for the year
ended September 30, 2003, and from inception (August 8, 2001) through September
30, 2003, in conformity with generally accepted accounting principles.

Randy Simpson, CPA, P.C.
A Professional Corporation

November 8, 2003
Sandy, Utah



                                      -13-
<PAGE>

                      CAP CENTRAL ACCESS POINT, INC.
                      (A DEVELOPMENT STAGE COMPANY)
                              BALANCE SHEET

                                                   SEPTEMBER 30,
                                                       2003
                          ASSETS                  -------------
Current Assets:
     Cash                                           $      413
                                                  -------------
                            Total Current Assets           413

                                                  -------------
                                    Total Assets    $      413
                                                  =============

                    LIABILITIES & STOCKHOLDERS' EQUITY

CURRENT LIABILITIES:

     Accounts payable                               $        -
                                                  -------------
                       Total Current Liabilities             -

Stockholders' Equity:
     Common stock, $.001 par value;
        authorized 50,000,000 shares,
        issued and outstanding 13,065,851
        shares at September 30, 2003.                   13,066

                                 Paid-In Capital        25,827
    Deficit Accumulated During Development Stage       (38,480)
                                                  -------------
                      Total Stockholders' Equity           413

                                                 --------------
      Total Liabilities and Stockholders' Equity   $       413
                                                 ==============


             See Accompanying Notes to the Financial Statements.



                                      -14-
<PAGE>

                         CAP CENTRAL ACCESS POINT, INC.
                          (A DEVELOPMENT STAGE COMPANY)

                            STATEMENTS OF OPERATIONS


<TABLE>
<CAPTION>
                                                                              FROM INCEPTION
                                              YEAR ENDED       YEAR ENDED    (AUGUST 8, 2001)
                                             SEPTEMBER 30,    SEPTEMBER 30,       THROUGH
                                                 2003              2002       SEPT. 30, 2003
                                            --------------- ---------------- -----------------
<S>                                          <C>             <C>              <C>
Income:                                      $           -   $            -   $             -
                                            --------------- ---------------- -----------------
                            Total Income                 -                -                 -

 Expenses:
     Organizational costs                                -                -             6,500
     General and administrative                      3,504           11,677            15,209
     Consulting                                     10,000                -            10,000
     Professional fees                               1,091            5,680             6,771
                                            --------------- ---------------- -----------------
                          Total Expenses            14,595           17,357            38,480

                                            --------------- ---------------- -----------------
                                Net Loss     $     (14,595)  $      (17,357)  $       (38,480)
                                            =============== ================ =================

                 Weighted Average Shares
                Common Stock Outstanding        12,743,101        6,350,000
                                            =============== ================

               NET LOSS PER COMMON SHARE    --------------- ----------------
               (Basic and Fully Dilutive)      $ (0.001)        $ (0.003)
                                            =============== ================
</TABLE>


             See Accompanying Notes to the Financial Statements.



                                      -15-
<PAGE>

                         CAP CENTRAL ACCESS POINT, INC.
                          (A DEVELOPMENT STAGE COMPANY)

                        STATEMENT OF STOCKHOLDERS' EQUITY
           From Inception (August 8, 2001) through September 30, 2002



<TABLE>
<CAPTION>
                                                  Common       Common
                                                  Stock        Stock       Paid-In   Accumulated     Total
                                                  Shares       Amount      Capital     Deficit      Equity
                                                ---------------------------------------------------------------
<S>                                              <C>         <C>          <C>          <C>          <C>
August 8, 2001; common stock
  issued for services; valued
  at $.001 (par value).                           2,500,000  $    2,500    $      -    $      -     $    2,500

September 7, 2001; common
  stock issued for cash;
  valued at $.00167                              10,200,000      10,200        6,800           -        17,000


Contribution to capital                                   -           -          100           -           100

August 19, 2002; common
  stock issued for cash;
  valued at $.05 per share ($18,293)                365,851         366       17,927           -        18,293

Net loss from inception (Aug. 8, 2001)
  through September 30, 2001                              -           -            -      (6,528)

Net loss for the year ended
  September 30, 2002                                      -           -            -     (17,357)

Contribution to capital by founders                       -           -        1,000           -         1,000

Net loss for the year ended
   September 30, 2003                                     -           -            -     (14,595)      (38,480)

                                                ---------------------------------------------------------------
   Balances at Year Ended September 30, 2002     13,065,851  $   13,066    $  25,827   $ (38,480)   $      413
                                                ===============================================================
</TABLE>


               See Accompanying Notes to the Financial Statements.



                                      -16-
<PAGE>

                         CAP CENTRAL ACCESS POINT, INC.
                          (A DEVELOPMENT STAGE COMPANY)

                            STATEMENTS OF CASH FLOWS

<TABLE>
<CAPTION>
                                                                                   FROM INCEPTION
                                                         YEAR ENDED    YEAR ENDED  (AUG. 8, 2001)
                                                          SEPT. 30,     SEPT. 30,     THROUGH
                                                             2003         2002      SEPT. 30, 2003
                                                        ------------  -------------  ------------
Cash Flows used in Operating Activities:
<S>                                                       <C>            <C>           <C>
                                          NET  LOSS       $ (14,595)     $ (17,357)    $ (38,480)

Expenses not Requiring an Outlay of Cash:
     Common stock issued for services                             -              -         2,500

Adjustments to Reconcile Net Loss to Net Cash
   Used in Operations:

     Increase in accounts payable                              (360)           360             -
                                                        ------------  -------------  ------------
              Net Cash used in Operating Activities         (14,955)       (16,997)      (35,980)

Cash Flows Provided by Financing Activities:
     Increase in capital contributed
         by Company shareholders                              1,000              -         1,100
     Common stock issued for cash                                 -         18,293        35,293
                                                        ------------  -------------  ------------
          Net Cash Provided by Financing Activities           1,000         18,293        36,393

                                                        ------------  -------------  ------------
                               NET INCREASE IN CASH         (13,955)         1,296           413

                        Cash at Beginning of Period          14,368         13,072             -

                                                        ------------  -------------  ------------
                              Cash at End of Period           $ 413       $ 14,368         $ 413
                                                        ============  =============  ============
</TABLE>


               See Accompanying Notes to the Financial Statements.



                                      -17-
<PAGE>

                         CAP CENTRAL ACCESS POINT, INC.
                          (A DEVELOPMENT STAGE COMPANY)

                          NOTES TO FINANCIAL STATEMENTS

                               SEPTEMBER 30, 2003

1. ORGANIZATION AND ACCOUNTING POLICIES

CAP Central Access Point, Inc. (the Company), was organized on August 8, 2001 as
a Nevada corporation, for the purpose of designing, manufacturing and marketing
an "Internet Connection Kiosk" (ICK). CAP Central Access Point, Inc. is a
development stage company and is currently in process of structuring the
Company's marketing plan, as well as designing and engineering the "ICK". The
Company's accounting policies are as follows:

     1.   The Company uses the accrual method of accounting.

     2.   Earnings per share is computed using the weighted average number of
          shares of common stock outstanding.

     3.   The Company has not yet adopted any policy regarding payment of
          dividends. No dividends have been paid since inception.

The Securities Exchange Commission (SEC) recently issued Financial Reporting
release No. 60, "Cautionary Advice Regarding Disclosure About Critical
Accounting Policies". The SEC defines the most critical accounting policies as
those that are most important to the portrayal of a company's financial
condition and operating results, and which require management to make its most
difficult and subjective judgments, often as a result from the need to make
estimates of matters that are inherently uncertain. Based on this definition and
the fact that the Company is a "development stage company" and has only recently
begun minimal operations, the Company's most critical accounting policies would
include the valuation of stock transactions for services and capital obtained
through the sale of common stock. Both transactions are reflected in the
Statement of Stockholders' Equity. The Company will need to obtain sufficient
financial resources to carry out its intended plan of operations. Realization of
asset values will eventually be impacted by its ability to raise capital or
commence commercially profitable operations.

2. COMMON STOCK

On August 8, 2001, 2,500,000 shares were issued to the Company's founders for
services rendered in connection with preparation of the initial registration
statement and organization activities performed on behalf of the Company.
Currently the Company has authorized 50,000,000 shares common stock with
13,065,851 shares issued and outstanding.



                                      -18-
<PAGE>

3.  PRIVATE PLACEMENT OF COMMON STOCK

On September 9, 2001, the Company completed a private placement, wherein
10,200,000 shares were issued at $.00167 per share; $17,000 was raised, all of
which was used for expenses related to the registration statement filed on
November 2, 2001. On August 19, 2002, the Company issued 365,851 shares of
common stock at $.05 per share ($18,293), finalizing their second private
placement. Proceeds have since been utilized for the Company's continued
development, as well as minimal general and administrative costs incurred.

The Company anticipates raising future capital in the same manner. Proceeds
generated through future private placement of the Company's common stock will be
utilized as financial resources needed to sustain continual operational
development until a level capable of revenue production is reached.

4. STOCK-BASED COMPENSATION

The Company accounts for stock-based compensation arrangements in accordance
with the provisions of Accounting Principles Board ("APB") Opinion No. 25,
"Accounting for Stock Issued to Employees". In addition, the Company complies
with the disclosure provisions of SFAS No. 123, "Accounting for Stock-Based
Compensation" and SFAS No. 148, "Accounting for Stock-Based Compensation,
Transition and Disclosure." Equity instruments issued to non-employees are
accounted for in accordance with the provisions of SFAS No. 123, SFAS 148 and
Emerging Issues Task Force ("EITF") Issue No. 96-18, which requires the award to
be recorded at its fair value.

5.  J. MEUSE CONSULTING AGREEMENT

In connection with the a recent decision to widen their securities marketing
opportunities, the Company entered into a consulting agreement with J. Meuse, a
consultant specializing in the education and assistance in meeting public
company requirements. In accordance with the contractual terms, the agreement
was finalized on June 1, 2003, when the Company paid $10,000 in exchange for
Meuse's promise to educate and assist the Company in acquiring "Public Company"
status.

6. RECENT ACCOUNTING PRONOUNCEMENTS

In May 2003, the Financial Accounting Standards Board ("FASB") issued Statement
of Financial Accounting Standards ("SFAS") No. 150, "Accounting for Certain
Financial Instruments with Characteristics of both Liabilities and Equity." SFAS
No. 150 requires that certain financial instruments, which under previous
guidance could be accounted for as equity, be classified as liabilities in
statements of financial position. SFAS No. 150 is effective for financial
instruments entered into or modified after May 31, 2003, and is otherwise
effective for the Company in the first quarter of 2004. The Company does not
expect the adoption of SFAS No. 150 to have a significant impact on the
Company's results of operations or financial position.


                                      -19-
<PAGE>

ITEM 8. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
        FINANCIAL DISCLOSURE

     We have not changed our certifying accountants since our inception, nor
have we had any disagreements with them on accounting policies or any other
matters.

                                    PART III

ITEM 9. DIRECTORS, EXECUTIVE OFFICERS AND CONTROL PERSONS; COMPLIANCE WITH
        SECTION 16(a) OF THE EXCHANGE ACT

     The following is a list of our directors and executive officers and their
respective positions. All of the Company's officers currently provide services
to the Company on a part-time basis. Each director serves until the next annual
meeting of shareholders following his election, and until his successor is
elected and qualified, or until his prior death, resignation, or removal.


   NAME              AGE        POSITIONS                SERVICE BEGAN
   ----              ---        ---------                -------------

   Mark Svensson      41       Director, President        August 2001
                               and Treasurer

   Michael Lee        41       Director, Secretary        August 2001


     Michael Lee has served as a director since our inception. He has worked in
the computer industry for 15 years, the last nine of which as the owner and
operator of Metaphore Computers, a privately-held Apple MacIntosh value added
reseller ("VAR") specializing in providing color solutions to the graphics
industry . He graduated with his BCOMM from Concordia University in Montreal,
Quebec. Mr. Lee currently devotes about 80% of working hours to the affairs of
CAP.

     Mark Svensson has served as a director since our inception. He is president
and founder of Genesis Industries Corporation Product Development Network, Inc.,
and Cerulean Technologies, and has been an officer for 17 years. He currently
devotes about 12 hours per month to Genesis. He is also Vice President of
Cordova Industries, a Canadian Exchange-listed company, to which he devotes
about five hours per week. Mr. Svensson is a senior member of the Society of
Manufacturing Engineers, and has twenty years experience in product development
specializing in plastics. He currently devotes about 20 hours per week to the
business of CAP.



                                      -20-
<PAGE>

     Mark Svensson, President and a Director, and Michael Lee, Secretary and a
Director, failed to timely file Form 5 for the fiscal year ended September 30,
2003. Both reports have been filed as of this date, and we know of no other
delinquencies in Section 16(a) reporting.

ITEM 10. EXECUTIVE COMPENSATION

     To date, none of our executives has received any compensation from the
Company. We expect that when the company's resources permit we will implement
some kind of executive compensation plan that will be consistent with customary
practices for similar responsibilities in similar companies.

     We have not entered into any employment contracts or other written
agreements with any executive.

     We do not currently have a plan for incentive-based or other stock option
awards or grants to executive officers or employees, nor any specific plans to
implement one.

ITEM 11.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

     The table below sets forth the beneficial ownership of common stock as of
November 30, 2002 by (i) each director, (ii) each of the named executive
officers, (iii) all directors and executive officers of CAP as a group, and (iv)
all persons known by the Board of Directors to be beneficial owners of more than
five percent of the outstanding common stock.

================================================================================
                                                                 Percent Of
                                    Number Of Shares Of         Common Stock
Name                                Common Stock Owned              Owned
------------------------------- ------------------------- ----------------------

Mark Svensson                            1,250,000                   9.6%
Michael Lee                              1,250,000                   9.6%
------------------------------- ------------------------- ----------------------

All directors and executive
  officers as a group                    2,500,000                  19.1%*
--------------------------------------------------------------------------------
* Percentages are rounded

     There are no warrants, options or convertible securities outstanding. To
our knowledge, there are no voting agreements among our shareholders, nor any
arrangements that may result in a change of control of the Company.



                                      -21-
<PAGE>

ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

     On August 8, 2001, we issued 1,250,000 shares of our common stock each to
our two founding officers, Michael Lee and Mark Svensson, as compensation for
services contributed to the company in connection with our organization and
business planning. No other related-party transactions have occurred or are
contemplated that may be disclosable Item 104 of Regulation SB.

ITEM 13. EXHIBITS AND REPORTS ON FORM 8-K

Reports on Form 8-K

        None.

Exhibits

  Exhibit
  Number            Description Of Exhibit
 --------        ---------------------------

    3.1          Articles of Incorporation*

    3.2          By-Laws*

--------------------------------------------
* Incorporated by reference to the corresponding exhibit within the company's
Form SB-2 filed on E.D.G.A.R. November 2, 2001.




                                      -22-
<PAGE>

                                   SIGNATURES

Pursuant to the  requirements  of Section 12 of the  Securities  Exchange Act of
1934, the registrant has duly caused this registration statement to be signed on
its behalf by the undersigned, thereunto duly authorized.

                                             CAP CENTRAL ACCESS POINT, INC.

November 24, 2003                            By: /s/ Mark Svensson
-----------------                            ---------------------------
Date                                         President, Director


     Pursuant to the requirements of the Securities Exchange Act of 1934, this
Report is signed below by the following persons on behalf of the Company and in
the capacities and on the dates indicated.


     SIGNATURE                      TITLE                            DATE
     ---------                      -----                            ----


/s/ Mark Svensson             President, Treasurer                11/24/03
-----------------------       Director



/s/ Michael Lee               Secretary, Director                 11/24/03
-----------------------



                                      -23-
<PAGE>

                                 CERTIFICATIONS

I, Mark Svensson, certify that:

1. I have reviewed this annual report on Form 10-KSB of [identify registrant];

2. Based on my knowledge, this annual 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 annual
report;

3. Based on my knowledge, the financial statements, and other financial
information included in this annual 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 annual 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 annual 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
     annual report (the "Evaluation Date"); and

     c) presented in this annual 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
annual report whether 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.


November 24, 2003                          /s/ Mark Svensson
----------------------                     -----------------------------------
Date                                       Chief Executive Officer



                                      -24-
<PAGE>

I, Mark Svensson, certify that:

1. I have reviewed this annual report on Form 10-KSB of [identify registrant];

2. Based on my knowledge, this annual 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 annual
report;

3. Based on my knowledge, the financial statements, and other financial
information included in this annual 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 annual 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 annual 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
     annual report (the "Evaluation Date"); and

     c) presented in this annual 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
annual report whether 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.


November 24, 2003                          Mark Svensson
----------------------                     -----------------------------------
Date                                       Chief Financial Officer


                                      -25-