U.S. SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549



FORM 10-QSB



[X] QUARTERLY REPORT UNDER SECTION 13 OR 15 (D) OF

THE SECURITIES EXCHANGE ACT OF 1934

FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2004



[ ] Transition report under section 13 or 15(d) of

the Exchange Act.





COMMISSION FILE NUMBER 0-27995



TRANS-CENTURY RESOURCES, INC.

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

(EXACT NAME OF SMALL BUSINESS ISSUER AS SPECIFIED IN ITS CHARTER)



DELAWARE                               95-4714549

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

(STATE OR OTHER JURISDICTION OF                (I.R.S. EMPLOYER

INCORPORATION OR ORGANIZATION)               IDENTIFICATION NO.)



8140 N. MOPAC EXPRESSWAY, WESTPARK III, SUITE 200

AUSTIN, TEXAS  78759

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

(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)



(512) 345-0280

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

(ISSUER'S TELEPHONE NUMBER)



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 requirements for the past 90 days.



YES  [ ]    NO  [X]



As of July 18, 2005, there were 13,500,000 shares of Common Stock,

$0.001 par value, of the issuer outstanding.



Transitional Small Business Disclosure Format (check one)



YES [ ]    NO [X]

















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TRANS-CENTURY RESOURCES, INC.



INDEX



PAGE NUMBER

PART I. FINANCIAL INFORMATION



Item 1. Financial Statements



CONSOLIDATED BALANCE SHEET AS OF SEPTEMBER 30,

2004 (Unaudited)                                               3



CONSOLIDATED STATEMENTS OF OPERATIONS FOR THE

THREE MONTHS AND NINE MONTHS ENDED SEPTEMBER 30, 2004

AND 2003 (Unaudited)                                        4



CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE

NINE MONTHS ENDED SEPTEMBER 30, 2004 AND 2003 (Unaudited)      5



NOTES TO CONSOLIDATED FINANCIAL STATEMENTS                   6-12



Item 2. Management's Discussion and Analysis of

Financial Condition and Results of Operations           13



Item 3. Controls and Procedures                                 14





Part II.   OTHER INFORMATION



Item 6.  Exhibits                                               14



Signatures                                                      15



2









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PART I.  FINANCIAL INFORMATION

Item 1.   Financial Statements



TRANS-CENTURY RESOURCES, INC.

CONSOLIDATED BALANCE SHEET

SEPTEMBER 30, 2004

(Unaudited)



ASSETS

CURRENT ASSETS

Cash and cash equivalents                                       $     10,211

Restricted cash                                                      250,000

Accounts receivable, net                                             122,394

Deposits and prepaid expenses                                          6,558

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

Total current assets                                             389,163

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

PROPERTY AND EQUIPMENT, net                                             19,956

OTHER ASSETS                                                                71

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

TOTAL ASSETS                                                $    409,190

============



LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES

Deferred revenue                                                        -0-

Accounts payable                                                    113,082

Accrued expenses                                                      3,820

Accrued interest                                                    133,415

Notes payable                                                       287,320

Obligations under capital lease, current portion                      1,814

Line of credit                                                       66,256

Due to officers and directors, current portion                      130,929

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

Total current liabilities                                        736,636

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

DUE TO OFFICERS AND DIRECTORS, LONG-TERM                             2,287,740

OBLIGATIONS UNDER CAPITAL LEASE, NET OF CURRENT PORTION                 16,693

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

Total liabilities                                              3,041,069

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

COMMITMENTS AND CONTINGENCIES



SHAREHOLDERS' EQUITY (DEFICIT)

Preferred stock (8,000,000 authorized, $.001 par,

-0- issued and outstanding)                                            -

Common  stock  (100,000,000 authorized, $.001 par,

14,000,000 issued, 13,500,000 outstanding)                        14,000

Accumulated Deficit                                              (2,645,379)

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

Total paid-in capital and retained earnings                (2,631,379)

Less cost of treasury stock (500,000 shares)                           (500)

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

Total shareholders' equity (deficit)                       (2,631,879)

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

TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT)     $    409,190

============



SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

3



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TRANS-CENTURY RESOURCES, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)



Three months ended                Nine months ended

Sept 30, 2004   Sept 30, 2003    Sept 30, 2004   Sept 30, 2003

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



REVENUES                                 $   216,629    $    176,901      $   587,762     $   529,673



EXPENSES

Selling, general and administrative           50,654          54,324          167,626         186,655

Salaries and related expenses                144,607         150,738          446,381         440,989

Legal and accounting fees                      2,940          18,311            7,470          71,244

Office supplies                                5,651           9,181           19,106          30,581

Rent                                          16,344          17,643           50,810          51,104

Depreciation and amortization                  2,330           2,029            6,991           6,088

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

Total operating expenses               222,526         252,226          698,384         786,661

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



Operating income (loss)                 (5,897)        (75,325)        (110,622)       (256,988)

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



Other income (expense)

Interest expense                          (55,020)        (39,743)        (151,328)       (109,061)

Interest and other income                     500             -0-              500             -0-

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

Total other income (expense)           (54,520)        (39,743)        (150,828)       (109,061)

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



LOSS BEFORE TAXES                            (60,417)       (115,068)        (261,450)       (366,049)



PROVISION FOR TAXES                                -               -                -               -

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



NET LOSS                                 $   (60,417)    $  (115,068)     $  (261,450)    $  (366,049)

============    =============     ============    ============



Loss per share, basic and diluted        $    (0.005)    $    (0.009)     $     (0.02)    $    (0.027)

============    =============     ============    ============



Weighted average common shares

outstanding during the period,

basic and diluted                         13,500,000      13,500,000       13,500,000      13,500,000

============    =============     ============    ============











SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS



4





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TRANS-CENTURY RESOURCES, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2004 AND 2003

(Unaudited)







2004            2003

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



Cash flows used by operating activities

Net income (loss)                                          $  (261,450)   $  (366,049)

Adjustments to reconcile net loss to cash used by

operating activities

Depreciation and amortization                                 6,991          6,088

Changes in operating assets and liabilities

(Increase) decrease in accounts receivable                  (10,046)       (17,250)

(Increase) decrease in deposits and prepaid expenses          3,550          4,195

Increase (decrease) in deferred revenue                     (12,500)        (3,502)

Increase (decrease) in bank overdraft                        (2,786)            37

Increase (decrease) in accounts payable                     (35,100)       (15,974)

Increase (decrease) in accrued expenses                      (7,642)         1,500

Increase (decrease) in accrued interest                     126,329         92,038

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

Net cash used by operating activities                         (192,654)      (298,917)

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



Cash flows used for investing activities

Acquisition of fixed assets                                  (1,444)          (582)

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

Net cash used for investing activities                          (1,444)          (582)

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



Cash flows from financing activities

Payments under capital leases                                (5,443)        (6,273)

Increase (decrease) in line of credit                        (1,857)        (1,450)

Deferred credit-prepaid participation fees                      -0-         (2,812)

Increase (decrease) in notes payable                         (8,161)           -0-

Due to officers and directors                               218,500        310,466

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

Net cash provided by financing activities                      203,039        299,968

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



Net increase (decrease) in cash                                  8,941            432

Cash and cash equivalents, beginning of period                   1,270            264

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



Cash and cash equivalents, end of period                  $     10,211    $       696

=============   =============



NON-CASH TRANSACTIONS

Cash paid for interest                                 $     24,125    $    17,023

=============   =============

















SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

5



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TRANS-CENTURY RESOURCES, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

SEPTEMBER 30, 2004



NOTE 1:  ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES



ORGANIZATION



Trans-Century Resources, Inc. is a managed care consulting business that

services clients throughout the United States. It has designed and is in the

process of developing community-supported, insured group health programs for

selected non-urban markets.



In conjunction with this process, Trans-Century Resources, Inc. acquired a

captive insurance subsidiary, Community Health Risk Corporation. This wholly

owned subsidiary is presently inactive.



PRINCIPLES OF CONSOLIDATION AND PRESENTATION



The Company was created through the acquisition in November 2001 of a Texas

corporation (also called Trans-Century Resources, Inc.) by a development stage

corporation with no operations, eInsure Networks Corporation. For accounting

purposes, the Texas corporation was treated as the acquirer in a reverse

acquisition. In conjunction with the acquisition, eInsure Networks Corporation

changed its name to Trans-Century Resources, Inc. The historical financial

statements presented are those associated with the Texas corporation. The

accompanying consolidated financial statements include the accounts of

Trans-Century Resources, Inc. and its wholly owned subsidiary, Community Health

Risk Corporation, collectively the Company. All significant intercompany

accounts and transactions have been eliminated in the consolidation.



The interim financial statements presented include all adjustments necessary in

management's opinion to make those financial statements not misleading.



PROPERTY AND EQUIPMENT



Property and equipment are stated at cost and depreciated over the estimated

useful lives (ranging from 5 to 7 years) of the related assets using the double

declining balance method. Maintenance and repairs are charged to operations as

incurred and betterments of existing assets are capitalized.



Impairment losses are recorded on long-lived assets used in operations when

indicators of impairment are present and undiscounted cash flows estimated to be

generated by those assets are less than the assets' carrying amount. There has

been no impairment for property and equipment recorded in the financial

statements.



REVENUE RECOGNITION



The Company recognizes service contract revenue as services are rendered under

the terms of the related agreements, which are executed by both parties and

generally specify payment of an hourly rate for such services and reimbursement

of expenses.



6



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TRANS-CENTURY RESOURCES, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

SEPTEMBER 30, 2004



NOTE 1:  ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES (Continued)



CASH EQUIVALENTS



For financial reporting purposes, the Company considers all highly liquid

investments with a maturity of three months or less, when acquired, to be cash

equivalents. At September 30, 2004, the Company had $250,000 in restricted cash

dedicated to the repayment of a loan payable due to a financial institution.



ACCOUNTS RECEIVABLE



The Company provides for uncollectible accounts receivable using the allowance

method of accounting for bad debts. Under this method of accounting, a provision

for uncollectible accounts is charged to earnings. The allowance account is

increased or decreased based on past collection history and management's

evaluation of accounts receivable. All amounts considered uncollectible are

charged against the allowance account and recoveries of previously charged off

accounts are added to the allowance. At September 30, 2004, allowance for

doubtful accounts for accounts receivable was $0.



INCOME TAXES



The Company accounts for income taxes under the Financial Accounting Standards

Board Statement of Financial Accounting Standards No. 109, "Accounting for

Income Taxes" ("Statement 109"). Under statement 109, deferred tax assets and

liabilities are recognized for the future tax consequences attributable to

differences between the financial statement carrying amounts of existing assets

and liabilities and their respective tax basis. Deferred tax assets and

liabilities are measured using enacted tax rates expected to apply to taxable

income in the years in which those temporary differences are expected to be

recovered or settled. Under Statement 109, the effect on deferred tax assets and

liabilities of a change in tax rates is recognized in income in the period that

includes the enactment date. There were no current or deferred income tax

expense or benefits due to the Company for the nine months ended September 30,

2004. At September 30, 2004, the Company has a potential deferred tax asset of

approximately $300,000, which has been fully reserved, arising from net

operating losses aggregating $1,200,000. These net operating losses begin to

expire in 2020.



ESTIMATES



The preparation of financial statements in conformity with U.S. 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 revenues and expenses during the

reporting period. Actual results could differ from those estimates.



7





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TRANS-CENTURY RESOURCES, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

JUNE 30, 2004



NOTE 2:  PROPERTY AND EQUIPMENT



Property and equipment consist of the following:



Furniture, fixtures, and equipment              $124,942

Less accumulated depreciation                    104,986

--------

Net Depreciable Assets                    $ 19,956

--------



Depreciation expense for the three months and nine months ended September 30,

2004 was approximately $2,000 and $6,000, respectively. Depreciation expense for

the three months and nine months ended September 30, 2003 was approximately

$2,000 and $6,000, respectively.



NOTE 3:  DUE TO OFFICERS AND DIRECTORS



Officers and directors have made unsecured advances to the Company to fund its

working capital requirements. At September 30, 2004, due to officers was

$2,418,669.  During the three months and nine months ended September 30, 2004,

the company received advances totaling $29,800 and $218,500 and made payments of

$-0- and $-0-, respectively. Included in due to officers is an unsecured note

payable to a director in the amount of $1,905,036. The note accrues interest at

7.5% per annum. Principal payments of $100,000 shall be made on a quarterly basis

commencing October 1, 2004. Accrued interest on the note shall be payable

monthly upon the Company's receipt of equity funding in an amount equal to or

greater than $2,000,000. However, a minimum monthly payment for accrued interest

of $1,500 began to be made in April 2003. Also included in due to officers is an

unsecured note payable to a director for $30,000, due January 1, 2004, bearing

interest at prime plus 1.75%. The remaining due to officer balance is composed

of a $25,000 advance from an officer due January 1, 2004, with interest from

July 10, 2001, at a rate of 9% annually.  The notes were renewed March 11, 2004.



Due to the Company’s inability to obtain necessary working capital, it conveyed

substantially all assets and liabilities of the Company as of December 31, 2004

to its officers in settlement of amounts owed them of approximately $2,257,000.



NOTE 4:  NOTES PAYABLE



Notes payable at September 30, 2004 included a note payable of $250,000 to

financial institution, due December 27, 2004, bearing interest at a rate of

3.4%, secured in full by a certificate of deposit and personally guaranteed by

officers of the Company.



During 2002, the Company entered into a $50,000 unsecured note payable agreement

with an individual, bearing an interest rate of 6%. Under its terms, the

individual is to receive 35.8% of commissions received by the company, if any,

for the sale of medical supplies through the group purchasing program sponsored

by the Company and introduced by the individual, for a period of 20 years. All

such payments made shall be applied against the principal balance and/or accrued

interest of the note.  Commission payments of $-0- and $1,024 were made during

the three and nine months ended September 30, 2004, respectively. The commission

plan was terminated in 2004.



8



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TRANS-CENTURY RESOURCES, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

SEPTEMBER 30, 2004



NOTE 4:  NOTES PAYABLE (Continued)



Beginning in January 2004, the Company must begin making monthly payments of

principal and interest on the note balance outstanding as of December 31, 2003.

Monthly payment amounts will be determined based upon a thirty-six month

amortization period, and will be reduced accordingly for any commission payments

made during the three years ending December 31, 2006. In March 2004 the

individual agreed to accept payments of $1,000 monthly to be applied to principal

and interest. Principal and interest payments of $9,000 were made during the nine

months ended September 30, 2004.



The individual has the option, for a period of 90 days after the Company's stock

is available for public trading, to convert any unpaid principal balance on the

note into common stock of the Company. The amount of such stock to be issued

will vary based upon the unpaid balance of the note up to a maximum of 2% of the

Company's outstanding stock at the date of conversion.



NOTE 5:  LINE OF CREDIT



The Company has an unsecured line of credit of $75,000 with a financial

institution. Interest on the line of credit is computed daily at the prime rate

plus 1.75%. Total amount outstanding at September 30, 2004 was $66,256.



NOTE 6:  RETIREMENT PLAN



The Company provides a SIMPLE retirement plan for all employees age 18 and over

with one year of service. Pursuant to this defined contribution plan, the

Company matches 100% of employee contributions up to 3% of gross salary.





NOTE 7:  CAPITAL LEASE OBLIGATIONS



The Company is obligated under capital leases for computer equipment. Payments

are due monthly and include interest at 7%. The computer equipment is included

in furniture and fixtures at cost of $38,990. Accumulated depreciation includes

$21,966 in depreciation expense related to these assets. Future minimum payments

due under the capital leases as of September 30, 2004 are as follows:



2004                                                  $  8,965

2005                                                     8,332

2006                                                     6,740

2007                                                     1,894

2008                                                     1,578

-------

27,509

Less amounts representing interest                      (3,559)

-------

Present value of minimum lease payments                 23,950

Less current installments                               (7,257)

-------

Obligations due under capital leases, net of

current portion                                     $16,693

=======



9



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TRANS-CENTURY RESOURCES, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

SEPTEMBER 30, 2004



NOTE 8:  COMMITMENTS AND CONTINGENCIES



The Company leases office space and equipment under noncancelable operating

leases expiring September 2007. Future minimum lease payments under

noncancelable operating leases are as follows:





2004                                    $  65,281

2005                                       67,033

2006                                       68,786

2007                                       52,575

---------

Total                               $ 253,675

=========



During 2002, the Company also entered into an unsecured note payable agreement

with an individual. In addition to scheduled payments of principal and interest

beginning in January 2004, it calls for the payment of 35.8% of any commissions

received by the Company for the sale of medical supplies through the group

purchasing program sponsored by the Company and introduced by the individual for

a period of 20 years. Commission payments received through December 2006 may be

used to reduce the scheduled principal and interest payments. Commission

payments of $-0- and $1,024 were made during the three and nine months ended

September 30, 2004, respectively. Principal and interest payments of $9,000 were

made during the nine months ended September 30, 2004. The commission plan was

terminated in 2004.





NOTE 9:  RELATED PARTY TRANSACTIONS



Officers and directors have made unsecured advances to the Company to fund its

working capital requirements. At September 30, 2004, due to officers was

$2,418,669.  During the three months and nine months ended September 30, 2004,

the company received advances totaling $29,800 and $218,500 and made payments of

$-0- and $-0-, respectively. Included in due to officers is an unsecured note

payable to a director in the amount of $1,905,036. The note accrues interest at

7.5% per annum. Principal payments of $100,000 shall be made on a quarterly basis

commencing October 1, 2004. Accrued interest on the note shall be payable

monthly upon the Company's receipt of equity funding in an amount equal to or

greater than $2,000,000. However, a minimum monthly payment for accrued interest

of $1,500 began to be made in April 2003. Also included in due to officers is an

unsecured note payable to a director for $30,000, due January 1, 2004, bearing

interest at prime plus 1.75%. The remaining due to officer balance is composed

of a $25,000 advance from an officer due January 1, 2004, with interest from

July 10, 2001, at a rate of 9% annually.  The notes were renewed March 11, 2004.



10



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TRANS-CENTURY RESOURCES, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

SEPTEMBER 30, 2004





NOTE 9:  RELATED PARTY TRANSACTIONS (cont’d)



Due to the company’s inability to obtain the necessary working capital, it

conveyed substantially all assets and liabilities of the Company as of December 31,

2004 to its officers in settlement of amounts owed them of approximately $2,257,000.





NOTE 10: CONCENTRATIONS OF CREDIT RISK



The Company's financial instruments that are exposed to concentrations of credit

risk consist of cash and cash equivalents. The Company places its cash and cash

equivalents with higher credit quality financial institutions, however for

limited periods of time, bank balances in deposit were in excess of the Federal

Deposit Insurance Corporation insurance limit.







NOTE 11: LOSS PER SHARE



Basic and diluted loss per common share for the three and nine months ended

September 30, 2004 and 2003 is computed based upon the weighted average number

of common and dilutive potential common shares outstanding as defined by

Financial Accounting Standards No. 128 "Earnings Per Share". Warrants to

purchase shares of common stock were outstanding during the period but the

inclusion of those potential common shares in the computation of diluted loss

per common share would have an Anti-Dilutive effect. Therefore, basic and

diluted per-share amounts are the same.





NOTE 12: CAPITAL STOCK



Preferred Stock - The Company is authorized to issue 8,000,000 shares of

preferred stock at $.001 par value, with such designations, preferences,

limitations and relative rights as may be determined from time to time by the

Board of Directors. No preferred shares have been issued as of September 30,

2004.



Common Stock - The Company is authorized to issue 100,000,000 shares of common

stock at $.001 par value. The Company has 14,000,000 shares issued and

13,500,000 shares outstanding as of September 30, 2004.



Common Stock Warrants - Pursuant to a continuing agreement with PageOne Business

Productions, LLC, 350,000 warrants to purchase stock, exercisable at $1.00 per

share were issued and outstanding at September 30, 2004. These warrants enable

holder to purchase shares of the Company's stock through November 19, 2006. At

the time of original issuance the warrants were not assigned an initial value or

any accretion as their estimated fair market value approximated zero. As of

September 30, 2004, all warrants issued were outstanding.





11





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TRANS-CENTURY RESOURCES, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

SEPTEMBER 30, 2004



NOTE 13: GOING CONCERN



As reflected in the accompanying financial statements, the Company has a working

capital deficiency of $347,473, an accumulated deficit of $2,645,379 and a net

loss as of and for the nine months ended September 30, 2004 of $261,450.

Accordingly, the ability of the Company to continue as a going concern is

dependent on the Company's ability to raise additional capital and implement its

business plan. The financial statements do not include any adjustments that

might be necessary if the Company is unable to continue as a going concern.



The Company expects to incur losses for the near future, but is in the process

of developing additional revenue sources that complement its business plan. One

of the Company's directors and shareholders is presently funding its working

capital requirements on an as needed basis; however, there is no assurance that

such funding will be available indefinitely.



Due to the Company’s inability to obtain necessary working capital, it conveyed

substantially all assets and liabilities of the Company as of December 31, 2004

to its officers in settlement of amounts owed them of approximately $2,257,000.















12







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

and Results of Operations



RESULTS OF OPERATIONS



The following discussion and analysis below should be read in conjunction with

the financial statements, including the notes thereto, appearing elsewhere in

this report.



Three months ended September 30, 2004 versus the three months ended September 30,

2003:

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



The Company incurred a net loss for the three months ended September 30, 2004 of

$60,417. This loss was less than the loss of $115,068 for the three months

ended September 30, 2003, primarily due to:



*    Higher revenues for the three months ended September 30, 2004 of $216,629

than for the three months ended September 30, 2003 of $176,901. The three

months ended September 30, 2004 included new revenue from additional EAP

clients as well as added revenue from consulting services.



*    Salaries for the three months ended September 30, 2004 were $144,607 as

compared to the three months ended September 30, 2003 of $150,738.

Marketing, selling and administrative expense was decreased from $54,324

for the three month ending September 30, 2003 to $50,654 for the period

ended September 30, 2004.



*    Legal and accounting fees for the three months ended September 30, 2004 were

$2,940 as compared to September 30, 2003 at $18,311.  That decrease is a

result of less legal activity regarding the public company transactions.



*    Higher interest expense for the three months ended September 30, 2004 of

$55,020 than for the three months ended September 30, 2003 of $39,743.

This increase in interest expense resulted from the additional advances

made by officers and directors subsequent to September 30, 2004.





FINANCIAL CONDITION AND LIQUIDITY



The Company has a working capital deficiency of $347,473 and an accumulated

deficit of $2,645,379 at September 30, 2004, and expects to incur losses for the

near future. One of the Company's directors is presently funding its working

capital requirements on an as needed basis; however, there is no assurance that

such funding will be available indefinitely. Accordingly, the Company has concluded

that the business plan must be redefined and reduced in scope.  That change will be

implemented during the remainder of this calendar year.



13





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PLAN OF OPERATION



Management believes that the Company will be successful line of business services

in spite of the fact that capital funding for the proposed health insurance

business plan has not been successful.  The company is continuing its efforts to

develop additional revenue sources that compliment its program to develop regional

insured group health plans, including:



o    supporting a supply-chain management initiative directly between a

national distributor and existing healthcare provider clients,

principally hospitals, physician groups, and physician organizations;



o    management of an existing physician organization; and



o    providing access to third party entities offering receivables

financing, Internet site development, hospital EPO, and payer contract

compliance analysis.



The Company's primary operations, dealing with the development and operation of

regional insured group health plans, have not commenced. To complete the

required infrastructure and offer these group health plans, Trans-Century

Resources, Inc. must obtain the working capital needed to fund insurance

reserves for Community Health-Risk Corporation and interim operating expenses.





Item 3.  Controls and Procedures



Under the supervision and with the participation of our management, including

our principal executive officer and principal financial officer, we conducted an

evaluation of the effectiveness of the design and operation of our disclosure

controls and procedures, as defined in Rule 13a-14(c) and 15d-14(c) under the

Securities Exchange Act of 1934, as of September 30, 2004 (the "Evaluation Date").

Based upon this evaluation, our principal executive officer and principal

financial officer concluded as of the Evaluation Date that our disclosure

controls and procedures were effective such that the material information

required to be included in our Securities and Exchange Commission ("SEC")

reports is recorded, processed, summarized and reported within the time periods

specified in SEC rules and forms relating to the Company, including our

consolidated subsidiary, and was made known to them by others within those

entities, particularly during the period when this report was being prepared.



In addition, there were no significant changes in our internal controls or in

other factors that could significantly affect these controls subsequent to the

Evaluation Date. We have not identified any significant deficiencies or material

weaknesses in our internal control over financial reporting, and therefore,

there were no corrective actions taken.





PART II.  OTHER INFORMATION



Item 6.  Exhibits.





31.1    Certification of Chief Executive Officer



31.2    Certification of Chief Financial Officer



32.    Corporate Responsibility for Financial Reports



14



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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.



TRANS-CENTURY RESOURCES, INC.

(Registrant)





July 25, 2005                     By:   /s/ Mary W. Patterson

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

Mary W. Patterson

Chief Financial Officer

(Principal Financial Officer)













15