SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-KSB

     [X]     ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES
                              EXCHANGE ACT OF 1934

                   For the Fiscal Year Ended December 31, 2002

                             FIRST AID DIRECT, INC.
             (Exact name of registrant as specified in its charter)

           FLORIDA                                      65-0729332
--------------------------------------------------------------------------------
    (State of incorporation)                (I.R.S. Employer Identification No.)

5607 HIATUS ROAD SUITE 500 TAMARAC, FLORIDA                3331-6408
--------------------------------------------------------------------------------
(Address  of  principal  executive  offices)               (Zip Code)

Issuer's Telephone Number                                  (954) 724-2929
--------------------------------------------------------------------------------

Securities to be registered pursuant to 12(b) of the Act:  NONE
--------------------------------------------------------------------------------

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

                          COMMON STOCK $.001 PAR VALUE
                          ----------------------------
                                (Title of Class)

Indicate by check mark whether the registrant (1) has filed all reports required
to  be  filed  by  Section  13  or 15 (d) of the Exchange Act of 1934 during the
preceding twelve (12) months (or for such shorter period that the registrant was
required  to  file  such  reports),  and  (2)  has  been  subject  to the filing
requirements  for  the  past  ninety  (90)  days.

     YES  X          NO
        ---            ---

Indicate by checkmark if disclosure of delinquent filers pursuant to Item 405 of
Regulation  S-K  is not contained herein, and will not 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:   X
                    -----

State registrant's revenues for its most recent fiscal year.     $3,343,000

The  aggregate  market  value  of the voting stock held by non-affiliates of the
registrant  based  on  the closing bid price of such stock as of March 14, 2003,
amounted  to  $478,200.

The  number  of  shares outstanding of the registrant's common stock as of March
14, 2003 was 3,985,000 common shares.


<PAGE>
                             FIRST AID DIRECT, INC.


                                      INDEX


                                                                      PAGE
                                                                      ----


ITEM 1 - DESCRIPTION OF BUSINESS                                         2

ITEM 2 - DESCRIPTION OF PROPERTY                                         6

ITEM 3 - LEGAL PROCEEDINGS                                               6

ITEM 4 - SUBMISSION OF MATTERS TO A VOTE OF SECURITY                     6

ITEM 5 - MARKET FOR COMMON EQUITY AND OTHER RELATED                      7
         STOCKHOLDER MATTERS

ITEM 6 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL               8
         CONDITION AND RESULTS OF OPERATIONS

ITEM 7 - FINANCIAL STATEMENTS                                           10

ITEM 8 - CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON               10
         ACCOUNTING AND FINANCIAL DISCLOSURE

ITEM 9 - DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT             10

ITEM 10 - REMUNERATION OF DIRECTORS AND OFFICERS                        12

ITEM 11 - SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND           13
          MANAGEMENT

ITEM 12 - INTERESTS OF MANAGEMENT AND OTHERS IN CERTAIN TRANSACTIONS    14

ITEM 13 - EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS           16
          ON FORM 8-K

ITEM 14 - CONTROLS AND PROCEDURES                                       16

SIGNATURES                                                              17


<PAGE>
                                     PART I

ITEM 1.     DESCRIPTION OF BUSINESS.

GENERAL

First Aid Direct, Inc. ("First Aid" or the "Company") was organized in July 1977
in  the  State  of  Florida  under the name of Rehabilitation Institute of South
Florida,  Inc. It remained dormant until it began active operations in September
1997.  First  Aid  is a national distribution business that wholesales first aid
products  to  first aid distributors across the nation. Most of the distributors
operate mobile first aid van services that sell and service the industrial first
aid  kits, mandated by OSHA regulations. These kits are placed in many different
types  of  businesses  and  industrial locations such as factories, distribution
warehouses,  offices,  auto  repair  shops  and  dealerships,  hotels and retail
stores.  The  Company currently has approximately 158 distributors located in 31
states  throughout  the  United  States. These states include Alabama, Arkansas,
Arizona,  California,  Colorado,  Delaware, Florida, Georgia, Illinois, Indiana,
Kansas,  Kentucky,  Louisiana,  Massachusetts,  Michigan,  Minnesota,  Missouri,
Montana, North Carolina, Nevada, New Jersey, New Mexico, Nevada, New York, Ohio,
Oregon,  Pennsylvania,  Rhode  Island,  South  Carolina, Tennessee, Texas, Utah,
Virginia,  and  Washington.

A  distributor  typically  operates  a  number of routes. Each route consists of
several hundred locations that are visited by the route driver/salesman at least
once  a  month.  The  driver/salesperson  will  typically  visit  as  many as 20
locations each day. The driver/salesperson operates a van stocked with first aid
supplies  and  uses  the  inventory  to  refill the kits that are placed in each
location. The kits contain a mix of first aid products designed and packaged for
industrial  use,  including  bandages,  tapes, gauze, antiseptics, ointments and
over-the-counter  medications such as aspirin, cough medications, etc. First Aid
has  specialized  packaging  that  lends  itself to the workplace. All items are
packed  in  multilingual  boxes  that wherever possible are dispenser packs that
offer each individual product in a sanitary sealed package as part of a tear off
strip.

In  addition,  First  Aid provides a business-to-business program called "Direct
Ship".  This  program involves direct shipments of first aid and safety products
to  businesses.  Distributors  typically  do  not  service direct ship customers
because  their  product  usage  is  too limited for a driver/salesman to service
monthly  or they need centralized billing, control and pricing. First Aid offers
these customers a direct order system using phone, fax or the First Aid Internet
web  site.  Approximately  two  percent  (2%)  of our business is based upon the
"Direct  Ship"  program  and  approximately  ninety-eight  percent  (98%) of our
business  is  based  upon  independent  distributorship, hospitals and emergency
service  agencies.

In  2003  the Company will launch its new Total First Aid line. There is a large
market  not  currently  available  through  the  mobile first aid industry. This
market  includes  workplaces  supplied  by  Industrial  Supply  Houses.  Safety
Distributors, Catalog Companies, School Bus and Transportation Van manufacturers
and  Distributors,  Fire  Extinguisher  Service  Companies,  Janitorial  Supply
Companies, and Office Coffee Companies. We will approach these markets with Bulk
kits,  Unitized kits, Custom unitized kits, and Specialty kits. The Company will
also  offer  a  custom  filled  kit  and  custom  screen  printed  kit programs.

INDUSTRY BACKGROUND

The  first  aid  business is comprised of many independent distributors of first
aid  and  safety  products  provided  to  the workplace via mobile van services.


                                        2
<PAGE>
Products  and  services include first aid cabinets, over-the-counter medications
and  general first aid supplies. Certain distributors also offer safety products
and  a  variety  of  related  training  programs.

These  independent  distributors  purchase  their  products  through value-added
wholesale  distribution  companies.  There  are  approximately 12 such companies
operating  in  the  United  States.  Typically, a wholesale company will recruit
distributors  within  the industry to distribute products under the wholesaler's
names.  The  typical  business  relationship  between wholesaler and distributor
features  restrictions  such  as limited territories, non-compete agreements and
agreements  to  use  the  wholesale  company's name as the distributor's product
line.

Today,  the  potential  market  for these distributors is virtually any business
with  employees.  The  reason  is  that the Federal Occupational Safety & Health
Administration  (OSHA)  has a regulation (29 CFR 1910.151(b)) that requires that
First  Aid supplies be readily available in the workplace. It is more convenient
for  the  business  operator to use the services of the first aid distributor to
supply  the correct product mix of required first aid supplies that are not only
designed for use in the workplace, but are refilled and kept current each month.

A  consolidation  has  taken  place  in the first aid distribution industry. Zee
Medical, a subsidiary of wholesale distributor McKesson HBOC, Inc., currently is
one  of  the oldest companies in the industry and also has a large market share.
Cintas  Corp. decided to penetrate this market quickly, and therefore adopted an
acquisition  strategy.  The  first  acquisition  was in February 1997, which was
followed  by three additional acquisitions, another in 1997 and two in 1998. Zee
Medical  and  Cintas  Corp.  represent our major competition and they each place
broad  restrictions  on their distributors, including geographical restraints on
distribution.

As  a result of the consolidation of some of the major distributors in the first
aid  supply  business,  distributors  working  within  the  same  territory that
previously  bought  from  competing companies are now being supplied by the same
parent  company.  First Aid believes that many of these distributors desire more
independence and choice than the new consolidated entities can offer. We believe
these  market  conditions  provide  an  opportunity  for First Aid to emerge and
compete for the business of the first aid distributors dissatisfied with the new
corporate  structure  brought  on  by  the  consolidation  in  the  industry.

VAN  DYNE-CROTTY  TRANSACTIONS

On  December  20,  1999, Van Dyne-Crotty, Inc. purchased 1,400,000 shares of the
Company's  stock from previously major stockholders, Scott Siegel (currently the
CEO)  and  Robert  Sussman  (formerly  the  CEO).  In conjunction with the share
purchase, Van Dyne-Crotty and First Aid entered into an Asset Purchase Agreement
which  transferred  all  of  the  assets of its van distribution business to Van
Dyne-Crotty,  consisting  of motor vehicles, accounts receivable, inventory, and
various  permits.  The  parties  simultaneously  entered into a Supply Agreement
under which Van Dyne-Crotty agreed to purchase all of its requirements for first


                                        3
<PAGE>
aid  products and supplies from First Aid for a five-year term, unless First Aid
were  sold  to  a  competitor of Van Dyne-Crotty. Under the terms of this supply
agreement,  First  Aid  is  required  to  sell the products at the lowest of the
prevailing  market price for the best grade for each type of item covered. First
Aid  may  alter  the  price  of  any  item  upon notice, but Van Dyne-Crotty may
discontinue  purchasing  its  total requirements of any item if the price is not
comparable  or  the quality of the item is not competitive with similar types of
products. The determination of whether our pricing is not competitive is made by
price  comparison with other wholesalers of first aid products. In February 2002
the  Company  granted  and  continues  to  grant  Van Dyne-Crotty a five percent
discount  from  previous  price  levels due to competitive market prices and the
volume  of  purchases  made  by  Van  Dyne-Crotty.

For  the  year ended December 31, 2002, Van Dyne-Crotty accounted for 32% of the
Company's revenues as it did for the year ended December 31, 2001.

Following  the  December  16, 1999 Asset Purchase Agreement, the Company changed
our name from First Aid Select, Inc. to First Aid Direct, Inc. Van Dyne-Crotty's
newly  formed first aid supply van division began operating under the name First
Aid  Select.  Subsequently,  in  calendar  2001, Van Dyne-Crotty began operating
under  the  name  Select  First  Aid.

On  March  16, 2000, the Company entered into an Asset Purchase Agreement to buy
certain  assets  from  Van  Dyne-Crotty,  which  Van  Dyne-Crotty  acquired from
Roehampton  Supply,  Inc.  As  was  the  case  with the Asset Purchase Agreement
between  Van  Dyne-Crotty  and First Aid that occurred on December 16, 1999, Van
Dyne-Crotty  retained  equipment,  product  and  marketing  information  from
Roehampton Supply associated with its van distribution business. It assigned and
sold  to  First  Aid those products, assets and marketing information consistent
with First Aid's wholesale distribution operations. The Roehampton products sold
to  First  Aid  have  a  similar  customer  base to First Aid and complement its
product  offering.  They  are marketed to first aid distributors, hospitals, and
emergency  response  teams.

Included  in  the  total  assets  acquired  by  Van  Dyne-Crotty  were  accounts
receivable,  inventory  and  the  customer  list  related  to  certain  products
associated  with  Roehampton  Supply's  line  of  first  aid products. First Aid
acquired  the  accounts receivable, inventory and the customer listings from Van
Dyne-Crotty at Van Dyne-Crotty's cost at the time of the Roehampton transaction.
The  purchase  price  of  $200,000  has  been  paid.

On  March  20,  2000,  First  Aid entered into a non-competition agreement and a
consulting  agreement  with  the  original  owner  of the Roehampton assets. The
covenant not to compete is for a five-year term and provides for a total payment
of $75,000 to be paid in thirty-six equal installments. The consulting agreement
is  for  a three-year term and provides for payment of $75,000 to the consultant
in  thirty-six  equal  installments.

STRATEGY


                                        4
<PAGE>
Our  strategy  is  to offer existing distributors that are dissatisfied with the
consolidation  of  the  first  aid  products  industry  an alternative source of
supply.  By  seeking  federal  trademark  protection  of  our  brand  names  and
innovating  the  package  design  for  our  products,  our  goal is to offer new
entrants  into  the first aid business a national brand of products and support.
First  Aid  places  no  territorial  restrictions  on  its  distributors, giving
existing  operators  the  opportunity  to  expand  regionally. Without territory
agreements  and  based upon our "Direct Ship" program, we believe that First Aid
will  be able to offer large national companies a centralized and uniform direct
buying  program.

PRODUCTS  AND  SERVICES

Our  product line and services include the following type of items and services:
cabinets  and  first  aid  kits, first aid treatments, first aid tablets, safety
equipment,  training  and  compliance  and  distributor  services.

In  2003 the Company will launch its new Total First Aid Line.  There is a large
market  not  currently  available  through  the mobile first aid industry.  This
market  includes  workplaces  supplied  by  Industrial  Supply  Houses,  Safety
Distributors, Catalog Companies, School Bus and Transportation Van Manufacturers
and  Distributors,  Fire  Extinguisher  Service  Companies,  Janitorial  Supply
Companies,  and  Office  Coffee  Companies.  We will approach these markets with
Bulk  kits, Unitized kits, Custom unitized kits, and Specialty kits. The company
will  also  offer  a  custom  filled  kit and custom screen printed kit program.

PRODUCT  LIABILITY

We  maintain  product  liability  insurance  in  the  amount  of $6,000,000. Our
suppliers  also  maintain  product liability insurance. Our purchase orders with
our  suppliers  do  not  limit  or  allocate  liability  between  the  parties.

MARKETING  AND  SALES

Our  sales  team,  which  currently  consists  of  two sales representatives, is
responsible  for  developing  new  business.  The  team solicits distributor and
direct  ship  customers  by  telephone  and  in-person  sales  calls.  We  also
participate  in  the  national safety trade show to develop new customers and to
meet  with  existing  ones.

Management  believes  that  three  criteria  drive  the  purchase  of  first aid
products.  They  are  quality,  service  and  price.  We believe we are offering
pricing  and  quality comparable to our competitors. First Aid has established a
number  of  services  like  a  fully  interactive  web  site allowing for direct
purchases online for both distributor and direct ship customers. In addition, we
work  with our distributors through virtually every aspect of starting, managing
and  maintaining  a  productive  operation,  offering a variety of classroom and
field  training  sessions.


                                        5
<PAGE>
COMPETITION

Because  of industry consolidations, two companies, Zee and Cintas, dominate the
market.  There  are many independent distributors who view this consolidation as
detrimental  to  their business. We believe they will prefer to do business with
independently  owned  and  operated  wholesale  companies  such  as  First  Aid.

EMPLOYEES

Effective  January  1,  2003,  the  Company  entered  into  an  employee leasing
agreement  with  Paychex.  The  leasing  agreement  provides  the  Company  with
decreased  costs  for  medical  and  Workers  Compensation  Insurance.

First  Aid,  through  its leasing agreement, currently employs fourteen persons,
thirteen  of  whom  are  full-time  employees,  in the following capacities: one
administrator,  two  in sales and marketing, one controller, one office manager,
one  office  staff  and eight in warehouse and assembly. The Company's employees
are  not  represented  by  a  collective  bargaining  agreement, and the Company
considers  its  relations  with  its  employees  to  be  good.

ITEM 2.   DESCRIPTION OF PROPERTY

First  Aid Direct's corporate headquarters and distribution center is located at
5607  Hiatus  Road Suite 500, Tamarac, Florida, 33321. The business relocated to
this  location  on December 5, 2002. We do approximately 20% of packaging at our
own  facility.  The  operation  is  located  in  a  modern warehouse complex and
currently  occupies  16,500  square  feet  consisting  of  4,000  square feet of
air-conditioned  office  space, a 2000 square foot air-conditioned assembly area
and 10,500 square feet of warehouse space. We lease the facility through January
31,  2008  from  Westpoint  Center,  Ltd.

ITEM 3.   LEGAL PROCEEDINGS.

None.

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

None.


                                     PART II

ITEM 5.   MARKET FOR COMMON EQUITY AND OTHER RELATED STOCKHOLDER MATTERS.

First Aid's common stock currently trades on the Over-The-Counter Bulletin Board
under  the symbol "FADI" (the ticker symbol was changed to "FADI" from "FASL" on
February 12, 2001). As of December 31, 2002 there were 55 stockholders of record
of  our  common  stock. Our common stock traded on the Over-The-Counter Bulletin
Board  under  the  symbol "FASL" from May 1998 to November 1999. On November 18,
1999, our common stock was de-listed from the Over-the-Counter Bulletin Board of


                                        6
<PAGE>
the  National Association of Securities Dealers, Inc. for failure to comply with
the  phase-in  provisions  of  the  OTC  Bulletin  Board Eligibility Rule, which
required  all companies whose securities are quoted on the OTC Bulletin Board to
become  reporting  companies  with  the  Securities  and Exchange Commission. In
December 2000 First Aid became a fully reporting company with the Securities and
Exchange Commission. In February 2001 First Aid common stock again began trading
on  the  Over-The-Counter  Bulletin  Board.

The  following  table  sets  forth  the high and low sales prices for the common
stock  for  the  periods  indicated.  These  quotations  reflect  prices between
dealers,  do not include retail mark-ups, markdowns, and commissions and may not
necessarily  represent  actual  transactions.


      PERIOD            HIGH    LOW
----------------------  -----  -----
Quarter ended 03/31/01  $2.31  $0.40
Quarter ended 06/30/01  $1.25  $0.45
Quarter ended 09/30/01  $0.77  $0.25
Quarter ended 12/31/01  $0.51  $0.11

Quarter ended 03/31/02  $0.33  $0.11
Quarter ended 06/30/02  $0.33  $0.14
Quarter ended 09/30/02  $0.25  $0.04
Quarter ended 12/31/02  $0.14  $0.06

Quarter ended 3/31/03   $0.14  $0.10


Our transfer agent is Florida Atlantic Stock Transfer, Inc., 7130 Nob Hill Road,
Tamarac,  Florida  33321.

We  have  never  paid cash dividends on our common stock. We presently intend to
retain  future earnings, if any, to finance the expansion of our business and we
do  not  anticipate  that  any  cash  dividends  will be paid in the foreseeable
future.  The  future  dividend  policy  will  depend  on  our  earnings, capital
requirements,  expansion  plans, financial condition and other relevant factors.
Declaration  and  payment  of  future  dividends,  if  any,  will be at the sole
discretion  of  the  board  of  directors.

PENNY  STOCK

Until  our  shares  qualify  for  inclusion in the NASDAQ system, the trading of
securities  will  continue  to  be  in  the  over-the-counter  markets, commonly
referred  to  as  the  pink sheets or on the OTC Bulletin Board. As a result, an
investor  may  find  it  more  difficult  to  dispose  of, or to obtain accurate
quotations as to the price of the securities offered.


                                        7
<PAGE>
Effective  August  11, 1993, the Securities and Exchange Commission adopted Rule
15g-9,  which established the definition of a penny stock, for purposes relevant
to  us,  as  any  equity security that has a market price of less than $5.00 per
share or with an exercise price of less than $5.00 per share, subject to certain
exceptions.  For  any  transaction  involving  a penny stock, unless exempt, the
rules  require:  (i)  that  a  broker  or  dealer approve a person's account for
transactions  in  penny  stocks;  and (ii) the broker or dealer receive from the
investor  a  written  agreement  regarding  the  transaction,  setting forth the
identity  and quantity of the penny stock to be purchased. In order to approve a
person's account for transactions in penny stocks, the broker or dealer must (i)
obtain  financial  information  and investment experience, and objectives of the
person;  and (ii) make a reasonable determination that the transactions in penny
stocks are suitable for that person and that person has sufficient knowledge and
experience  in  financial  matters  to  be  capable  of  evaluating the risks of
transactions  in  penny stocks. The broker or dealer must also deliver, prior to
any  transaction  in  a  penny  stock,  a  disclosure  schedule  prepared by the
Commission  relating  to  the  penny stock market, which, in highlight form, (i)
sets  forth  the  basis  on  which  the  broker  or  dealer made the suitability
determination;  and  (ii)  that  the broker or dealer received a signed, written
agreement  from the investor prior to the transaction. Disclosure also has to be
made about the risks of investing in penny stock in both public offerings and in
secondary  trading,  and about commissions payable to both the broker-dealer and
the  registered  representative,  current  quotations for the securities and the
rights  and  remedies  available to an investor in cases of fraud in penny stock
transactions.  Finally,  monthly  statements  have  to be sent disclosing recent
price information for the penny stock held in the account and information on the
limited  market  in  penny  stocks.

ITEM 6.   MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OF FINANCIAL CONDITION AND
RESULTS  OF  OPERATIONS

To understand the following discussion of First Aid's performance, the following
discussion  should  be  read  in  conjunction  with  the  financial  statements,
including  the  related  notes and other information appearing elsewhere in this
report.

First  Aid's  operations  consist of the wholesale distribution of first aid and
safety products to retail van distributors and the direct sale of those products
to  end  users  through  a  direct  ship  operation.

RESULTS OF OPERATIONS

YEAR ENDED DECEMBER 31, 2002 COMPARED TO YEAR ENDED DECEMBER 31, 2001

SALES.  Company net sales increased $115,000 (4%) from $3,228,000 in fiscal 2001
to  $3,343,000 in 2002. Twenty-five percent (25%) of the total $115,000 increase
was  from  sales  under the supplier agreement with Van Dyne Crotty, Inc., to be
the primary supplier for its retail first aid distribution business. The balance
of  the  sales  increase, amounting to 75%, was primarily due to the addition of
new  distributors.


                                        8
<PAGE>
COSTS OF SALES.  Cost of sales increased $6,000 (.3%) from $2,273,000 in 2001 to
$2,279,000 in 2002. The increase in cost of sales was due to increased sales.

GROSS  PROFIT.  Gross  profit  increased  $109,000  from $955,000 during 2001 to
$1,064,000  for 2001. As a percentage, the Company's gross margin increased from
30%  in  2001  to  32%  in  2002. The gross margin improvement resulted from the
Company's ability to negotiate better pricing agreements from its vendors.

GENERAL  AND ADMINISTRATIVE EXPENSE. Expenses increased $65,000 from $865,000 in
2001 to $930,000 during 2002. General and administrative expenses increased as a
percent  of  sales  from  27% in 2001 to 28% in 2002. The increase resulted from
office relocation costs, additional rent expense and staff restructuring.

INCOME  FROM  CONTINUING OPERATIONS.  Income from continuing operations improved
$44,000  during  2002  to  an  income  from  operations  of $134,000 compared to
$90,000  in 2001. The improvement primarily resulted from efficiencies generated
from increased sales, and savings generated in decreased purchasing costs.

LIQUIDITY AND CAPITAL RESOURCES

The  primary  ongoing  sources  of  the  Company's  cash are net cash flows from
operating  activities.  The Company established a $250,000 line of credit with a
bank that matures in February 2004 to fund cash requirements as needed. The line
requires  monthly  interest  payments  and  bears  interest at the prime rate of
interest  (4.25%  at  December  31, 2002). As of December 31, 2002, there was no
outstanding  balance  on  the  line of credit. The line is collateralized by the
Company's  accounts  receivable  and  inventory.

The  Company  believes its current cash position as well as its unused borrowing
capacity on the line of credit, coupled with its cash flow forecast for the year
and  periods  beyond,  will  be  sufficient  to  meet  its  cash needs on both a
short-term  and  long-term basis. The balance sheet has a strong working capital
ratio  (4.58  to  1) and management is not aware of any known trends or demands,
commitments,  events,  or uncertainties, as they relate to liquidity which could
negatively affect the Company's ability to operate and grow as planned.

Net  cash provided by operations was offset by increases in accounts receivable,
merchandise inventories, prepaid expenses and decreases in accounts payable.

Net  cash  flows  used  for  investing  activities resulted from the purchase of
capital  assets.  The  Company  has  no significant plans for additional capital
expenditures  at  this  time.


                                        9
<PAGE>
FORWARD LOOKING STATEMENTS

Certain statements made within this report are forward looking statements within
the  meaning  of the Private Securities Litigation Reform Act of 1995.  For this
purpose,  any  statements contained herein that are not statements of historical
fact  should  be  regarded  as forward-looking statements.  These statements are
based  on  managements'  beliefs  and  assumptions  and on information currently
available.  These  statements  are subject to risks and uncertainties that could
cause  actual  results  to  differ  materially  from  those contemplated in such
forward  looking  statements.

ITEM 7.   FINANCIAL  STATEMENTS

The  Company's  financial  statements  as  of December 31, 2002 and 2001 and the
related statements of income, changes in stockholders' equity and cash flows for
each  of  the  two  years  in  the  period  then  ended  are  attached  hereto.

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

On  June  12,  2001,  the  Company  filed  a Form 8-K reporting on the change in
certifying  accountants  and  containing  the  following  information:

At  a  meeting held on June 7, 2001, the Board of Directors of First Aid Direct,
Inc. (the Company") approved the engagement of Margolies, Fink and Wichrowski as
independent auditors of the Company for the fiscal year ended December 31, 2001,
to  replace  the  firm of Rachlin Cohen Holtz LLP ("RCH"), who were dismissed as
the  Company's  auditors, effective June 12, 2001. In connection with the audits
of  the  Company's  financial  statements for each of the two fiscal years ended
December  31,  2000, and in the subsequent unaudited interim period through June
12,  2001  (date  of  dismissal),  there  were  no disagreements with RCH on any
matters  of  accounting principles or practices, financial statement disclosure,
or  auditing  scope and procedures which, if not resolved to the satisfaction of
RCH,  would  have  caused  RCH  to make reference to the subject matter in their
report.


                                    PART III

ITEM 9.   DIRECTORS  AND  EXECUTIVE  OFFICERS  OF  THE  REGIS-TRANT

Set  forth  below  are  the names, ages and business experience of the executive
officers  and  directors  of  the Company. All the information is as of March 1,
2003.  Directors are elected at the Company's annual meeting of stockholders and
serve  for one year or until their successors are elected and qualify. The Board
elects  officers and their terms of office are, except to the extent governed by
employment  contract,  at  the  discretion  of  the  Board.


                                       10
<PAGE>
<TABLE>
<CAPTION>
        NAME                  AGE  POSITION
        ----                  ---  --------
<S>                           <C>  <C>
        Scott Siegel           49  Chief Executive Officer and Director
        Kevin M. Crotty        47  Director and Chairman of the Board
        Stephen D. Smiley      49  Director
        Bruce A Widnes         54  Director
        James M Striplen III   47  Director
</TABLE>


SCOTT  SIEGEL  - Mr. Siegel assumed the office of interim acting Chief Executive
Officer,  of the Company on August 22, 2000, following the resignation of Robert
Sussman.  Mr.  Siegel  has  since  been installed as the Chief Executive Office,
Secretary  and Treasurer effective January 1, 2001. From August 1997 to December
1999,  Mr. Siegel served as Chairman and Secretary of the Company. From December
1999  to  the  August  2000,  Mr.  Siegel served as a Group Manager at First Aid
Select,  a  business  division  of  Van Dyne-Crotty, Inc. From 1991 to 1997, Mr.
Siegel  was  President  of  Affirmed  Medical  of Florida, Inc., a first aid van
service  distributorship with revenues of approximately $600,000 during its last
full  year of operations in 1996 and generally employed between 6 to 7 full time
employees.

KEVIN M. CROTTY - Mr. Crotty has served as a director of First Aid since January
2000.  Mr.  Crotty  currently  serves  as  Executive  Vice  President  of  Van
Dyne-Crotty, Inc. a company engaged in uniform distribution and textile services
and  headquartered  in  Dayton, Ohio. Van Dyne-Crotty, Inc. is a privately owned
company  that  currently  has  annual revenues of approximately $100 million and
approximately  1,200  employees. Mr. Crotty has been employed by Van Dyne-Crotty
for  27  years  and  has  served  in  a  range  of capacities involving service,
distribution,  production  and  sales.  Mr.  Crotty  is Chairman of the Board of
Directors  of  Van  Dyne-Crotty.

STEPHEN  D.  SMILEY  -  Mr.  Smiley  has served as a director of First Aid since
January  2000.  Since  1996,  Mr.  Smiley  has  served  as  Vice  President  of
Administration  for  Van Dyne-Crotty, Inc. Mr. Smiley has been employed with Van
Dyne-Crotty  for  the  past  23  years,  acting  in various capacities including
District and General Management, Manager and Regional Manager for several of the
company's  textile  rental  district  operations.

BRUCE  A.  WIDNES  -  Mr. Widnes is President/CEO of The Recruiting Group, Inc.,
located  in  Atlanta  Ga.,  a  nationally recognized search firm specializing in
recruiting  and  placing Sales and Sales Management professionals throughout the
United States. Previously, Mr. Widnes was President of Quick-Aid, Inc, a leading
southeastern  based first aid, medical and safety supply distributor. During his
15-year  tenure,  Mr.  Widnes  developed and guided the growth of the company to
become  one  of the most recognized names in the industry. In the late 90's, Mr.
Widnes  sold  the  company.  Additionally, Mr. Widnes has held various corporate
Human  Resources  positions  with  a  large  teaching hospital and a Fortune 100
Corporation.


                                       11
<PAGE>
JAMES M. STRIPLEN III - Mr. Striplin is currently the owner of QuestCare Therapy
Center,  a  comprehensive  outpatient  rehabilitation facility located in Dayton
Ohio.  Jim  has  more  than  twenty-five  years  of experience in the publishing
industry  and  other  entrepreneurial  ventures.  From  1984 through 2001 he was
President  of  4  publishing  companies  where  he  grew  combined  sales  from
approximately  $3  million to $26 million. He was also instrumental in the sales
of  these  companies  to  larger  publishing  houses.  From 1980 to 1984 he held
various  management  positions  in  mid-western  newspapers.

During  the  fiscal year 2002, the Board of Directors acted by unanimous consent
on  two  occasions.

AUDIT  FEES

The  independent  auditors  of  the Company for the year ended December 31, 2002
were  Margolies,  Fink  &  Wichrowski.  The  aggregate  fees, including expenses
billed  by  Margolies,  Fink  &  Wichrowski, in connection with the audit of the
Company's  annual  financial  statements for the most recent fiscal year and for
the  review of the Company's financial information included in its annual report
on Form 10-KSB and its quarterly reports on Form 10-QSB were $25,338.

ALL OTHER FEES

The aggregate fees, including expenses billed for other services rendered to the
Company  by Margolies, Fink & Wichrowski during the year ended December 31, 2002
were  $2,000.  Such  other  services consisted of the preparation of Corporation
income  tax  returns.

ITEM 10.  REMUNERATION OF DIRECTORS AND OFFICERS.

SUMMARY COMPENSATION TABLE

The  following table sets forth information relating to the compensation paid by
First  Aid  in  each  of the last three fiscal years to: (i) its Chief Executive
Officer;  and  (ii)  each  of  its  executive officers whose annual compensation
exceeded  $100,000  during  this  period.

<TABLE>
<CAPTION>
                             FISCAL                     OTHER       ANNUAL     LTIP     ALL OTHER
NAME AND PRINCIPAL POSITION   YEAR   SALARY   BONUS  COMPENSATION  OPTIONS/  PAYOUTS  COMPENSATION
                                                                     (#)
---------------------------------------------------------------------------------------------------
<S>                          <C>     <C>      <C>    <C>           <C>        <C>      <C>
Scott Siegel                   2002  150,000      0         6,000          0        0             0
Chief Executive Officer        2001  150,000      0         6,000          0        0             0
Secretary and Treasurer        2000        0      0             0          0        0             0

Robert Sussman                 2000   65,200      0             0          0        0             0
Chief Executive Officer
</TABLE>


Mr.  Siegel  received  no compensation directly from First Aid in 2000. After he
assumed  the  role  of Acting Chief Executive Officer a cost sharing arrangement
with  Van Dyne Crotty was created. For the period from August 22 to December 31,
2000  a  total  of  $30,000 was incurred by First Aid for Mr. Siegel's services.
There were no stock options granted during the year ended December 31, 2002, and
Mr.  Siegel  holds  no  options  as  of December 31, 2002 or during the previous
periods.


                                       12
<PAGE>
EMPLOYMENT  AGREEMENTS

Effective  January  1,  2001,  the  Company entered into a three-year employment
agreement  with  Mr.  Siegel.  The  base  compensation  under  this agreement is
$150,000  per  year  with  the  possibility  of  bonuses  as  determined  by the
independent  members  of  the  Board  of  Directors  not  employed by First Aid.

ITEM  11.     SECURITY  OWNERSHIP  OF  CERTAIN  BENEFICIAL OWNERS AND MANAGEMENT

As  of December 31, 2002, there were 3,985,000 shares of common stock issued and
outstanding.  The  following  table  sets  forth,  as  of  December  31,  2002,
information  with  respect  to  the beneficial ownership of the Company's common
stock  by (i) persons known by First Aid to beneficially own more than 5% of the
outstanding  shares of common stock, (ii) each director and officer of First Aid
and  (iii)  all  directors  and  officers  and  Van  Dyne-Crotty  as  a  group.

<TABLE>
<CAPTION>
                        COMMON STOCK BENEFICIALLY OWNED
                        -------------------------------

Name and Address                                     Percentage of
of Beneficial Owner                        Shares        Class
----------------------------              ---------  --------------
<S>                                       <C>        <C>
      Scott Siegel                          300,000           7.53%
      10211 Northeast 53rd Street
      Sunrise, Florida 33351

      Kevin M. Crotty                         1,000           0.02%
      3233 Newmark Drive
      Miamisburg, OH 45342

      Daniel W. Crotty, as trustee        2,000,000          50.19%
      3233 Newmark Drive
      Miamisburg, OH 45342

      Stephen D. Smiley                       7,200           0.18%
      3233 Newmark Drive
      Miamisburg, OH 45342

      Van Dyne-Crotty, Inc.               1,631,000          40.90%
      3233 Newmark Drive
      Miamisburg, OH 45342

      All officers, directors and
      Van Dyne-Crotty as a group          1,939,200          48.48%
</TABLE>


                                       13
<PAGE>
Scott  Siegel  is  the  former  Chairman  of  the  Board of First Aid and was an
executive  with  First  Aid  Select, which is a division of Van Dyne-Crotty from
December  1999  to  December  2000.  Effective August 16, 2000, Mr. Siegel began
acting  as  Interim Chief Executive Officer of First Aid, and effective, January
1,  2001,  Mr. Siegel became the Chief Executive Officer of First Aid as well as
its  Secretary  and  Treasurer.

Kevin Crotty and Stephen D. Smiley are directors of First Aid and also executive
officers  and members of management of Van Dyne-Crotty. Van Dyne-Crotty acquired
an  additional  200,000  shares at $1.50 per share from a non-affiliate of First
Aid  at  the  time  of its transaction with First Aid and 31,000 shares in April
2000.  The  principal stockholders of Van Dyne-Crotty are L. William Crotty, Dan
Crotty,  Kevin  Crotty,  Robert  Crotty,  Brian  Crotty  and Shane Crotty. These
individuals  in  their  management  capacity  have  the  right  to  voting  and
dispositive  power  for  the  Van  Dyne-Crotty  holdings.

Daniel  Crotty  is  voting  trustee  under  a voting trust agreement executed in
connection  with  the  Van Dyne-Crotty transaction. He has the right to vote Mr.
Siegel's  shares  and  the  shares  acquired  by  members  of  Van Dyne-Crotty's
management.

As  indicated  above,  Scott  Siegel  and  certain  of  his  relatives  and  Van
Dyne-Crotty  entered into a voting trust agreement with Daniel W. Crotty serving
as  voting  trustee  where  1,800,000  shares  were  transferred  to Mr. Crotty,
pursuant to the Voting Trust Agreement dated December 16, 1999. The voting trust
agreement  has  a  term  of  10  years.  The  voting  trust  covers all existing
securities as well as any shares of common stock received upon exercise of stock
options  or warrants. The agreement also provides that the parties to the voting
trust  agreement other than Van Dyne-Crotty may not transfer their shares over a
five-year  period  without giving Van Dyne-Crotty an opportunity to purchase the
shares  at  the  same  price  that  the  shares could be sold to the third party
included  in  the  notice  of  the  transaction.

ITEM 12.  INTERESTS  OF  MANAGEMENT  AND  OTHERS  IN  CERTAIN  TRANSACTIONS.

Van  Dyne-Crotty  and  First  Aid  operate  under a Supply Agreement wherein Van
Dyne-Crotty agreed to purchase its total requirements for first aid products for
a  period  of  five  years.  However, the supply agreement will terminate in the
event First Aid's shares are sold to a competitor of Van Dyne-Crotty in the same
business.  The agreement further provides that the prices for the products to be
sold  will  be no higher than the lowest of the prevailing market prices for the
best  grade  of  comparable  products  in the marketplace compared to our lowest
available  distributor pricing. First Aid may revise the price on written notice
for  supplied  items  under the same condition that they represent the lowest of
the  prevailing  market  for  the  best  grade  of  these products. Effective in
February  2002,  First  Aid  granted  and  continues to grant Van Dyne-Crotty an
additional  5%  price  reduction  due  to a review of current competitive market
prices  and  Van  Dyne-Crotty's purchase volume. During the fiscal year 2002 Van
Dyne-Crotty  purchased  $1,071,000  of  our  products,  which  represented
approximately  32% of our total revenues for the 2002 fiscal year as compared to
purchases  of  $1,042,000 of our products, representing 32% of total revenues in
2001.


                                       14
<PAGE>
On  March  16,  2000,  First Aid entered into an asset purchase agreement to buy
certain  assets  from  Van  Dyne-Crotty,  Inc.  The  Company  purchased accounts
receivable, inventory and customer lists for the Roehampton Supply, Inc. line of
first aid products. As of December 31, 2000, the full purchase price of $200,000
has  been  paid.  On  March  20,  2000, First Aid entered into a non-competition
agreement  and  a  consulting  agreement  with  the original owner of Roehampton
Supply,  Inc.  above.  The  former  owner's  covenant  not  to  compete is for a
five-year  term  and  provides  for  a  total  payment  of $75,000 to be paid in
thirty-six equal installments. The consulting agreement is for a three-year term
and  provides  for  payment  of  $75,000  to  the consultant in thirty-six equal
installments.


                                       15
<PAGE>
ITEM 13.  EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS ON FORM 8-K

     (a)  The  following  documents  are  filed  as  a  part  of  this  report.

          (1)  Financial  Statements:

               Report of Independent Certified Public Accountants        F-1
               Balance Sheets                                            F-2
               Statements of Income                                      F-3
               Statements of Stockholders' Equity                        F-4
               Statements of Cash Flows                                  F-5
               Notes to Financial Statements                          F-6 - F-13




<PAGE>
               REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS



To the Board of Directors and Stockholders
First Aid Direct, Inc.
Sunrise, Florida

We  have audited the accompanying balance sheets of First Aid Direct, Inc. as of
December  31,  2002 and 2001 and the related statements of income, stockholders'
equity  and cash flows for the two years then ended.  These financial statements
are  the  responsibility  of  the Company's management. Our responsibility is to
express  an  opinion  on  these  financial  statements  based  on  our  audits.

We conducted our audits in accordance with auditing standards generally accepted
in  the  United  States  of  America.  Those  standards require that we 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.  We  believe  that  our  audits  provide  a
reasonable  basis  for  our  opinion.

In  our  opinion,  the financial statements referred to above present fairly, in
all  material  respects,  the financial position of First Aid Direct, Inc. as of
December 31, 2002 and 2001, and the results of its operations and its cash flows
for  the two years then ended in conformity with accounting principles generally
accepted  in  the  United  States  of  America.


            /s/
Margolies, Fink & Wichrowski


Pompano Beach, Florida
January 28, 2003


                                      F-1
<PAGE>
<TABLE>
<CAPTION>
                             FIRST AID DIRECT, INC.
                                 BALANCE SHEETS
                           DECEMBER 31, 2002 AND 2001


                                                           2002         2001
                                                        -----------  -----------
<S>                                                     <C>          <C>
Current assets:
   Cash                                                 $    6,072   $  123,297
   Accounts receivable - stockholder                        54,226       36,093
   Accounts receivable, net of allowance for doubtful
     accounts of $12,000 and $20,000, respectively         230,504      206,790
   Note receivable - employee                                8,000       12,000
   Inventories                                             543,279      507,371
   Prepaid expense                                          92,438       40,662
                                                        -----------  -----------

     Total current assets                                  934,519      926,213
                                                        -----------  -----------

Property and equipment, net                                128,387       54,329
Customer lists, net                                        109,475      109,475
                                                        -----------  -----------

                                                        $1,172,381   $1,090,017
                                                        ===========  ===========

       LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
   Accounts payable                                     $  142,575   $  224,533
   Accrued expenses                                         61,419       31,106
                                                        -----------  -----------

     Total current liabilities                             203,994      255,639
                                                        -----------  -----------

Commitments and contingencies

Stockholders' equity:
   Common stock, $.001 par value; 50,000,000 shares
     authorized; 3,985,000 issued and outstanding            3,985        3,985
   Additional paid-in capital                            1,604,127    1,604,127
   Retained  (deficit)                                    (639,725)    (773,734)
                                                        -----------  -----------

     Total stockholders' equity                            968,387      834,378
                                                        -----------  -----------

                                                        $1,172,381   $1,090,017
                                                        ===========  ===========
</TABLE>

                See accompanying notes to financial statements.

                                      F-2
<PAGE>
<TABLE>
<CAPTION>
                             FIRST AID DIRECT, INC.
                              STATEMENTS OF INCOME
                     YEARS ENDED DECEMBER 31, 2002 AND 2001


                                            2002        2001
                                         ----------  ----------
<S>                                      <C>         <C>

Net sales                                $3,343,198  $3,227,544

Cost of sales                             2,278,897   2,272,606
                                         ----------  ----------

    Gross profit                          1,064,301     954,938

General and administrative expenses         930,292     864,563
                                         ----------  ----------

Income before income taxes                  134,009      90,375

Provision for income taxes                        -           -
                                         ----------  ----------

Net income                               $  134,009  $   90,375
                                         ==========  ==========

Net income per common share:
    Basic:
      Net income per common share        $      .03  $      .02
                                         ==========  ==========
      Weighted average number of shares   3,985,000   3,967,247
                                         ==========  ==========
    Diluted:
      Net income per common share        $      .03  $      .02
                                         ==========  ==========
      Weighted average number of shares   3,985,000   3,985,000
                                         ==========  ==========
</TABLE>


                See accompanying notes to financial statements.


                                      F-3
<PAGE>
<TABLE>
<CAPTION>
                             FIRST AID DIRECT, INC.

                        STATEMENT OF STOCKHOLDERS' EQUITY

                     YEARS ENDED DECEMBER 31, 2002 AND 2001


                                                Additional                   Total
                            Number of  Common     Paid-in     Retained   Stockholders'
                             Shares     Stock     Capital    (Deficit)       Equity
                            ---------  -------  -----------  ----------  --------------
<S>                         <C>        <C>      <C>          <C>         <C>

Balance, January 1, 2001    3,905,000  $ 3,905  $ 1,596,207  $(864,109)  $      736,003

  Exercise of stock option     80,000       80        7,920                       8,000

  Net income                                                    90,375           90,375
                            ---------  -------  -----------  ----------  --------------

Balance, December 31, 2001  3,985,000    3,985    1,604,127   (773,734)         834,378

  Net income                                                   134,009          134,009
                            ---------  -------  -----------  ----------  --------------

Balance, December 31, 2002  3,985,000  $ 3,985  $ 1,604,127  $(639,725)  $      968,387
                            =========  =======  ===========  ==========  ==============
</TABLE>


                See accompanying notes to financial statements.


                                      F-4
<PAGE>
<TABLE>
<CAPTION>
                             FIRST AID DIRECT, INC.

                            STATEMENTS OF CASH FLOWS

                     YEARS ENDED DECEMBER 31, 2002 AND 2001


                                                                       2002        2001
                                                                    ----------  ----------
<S>                                                                 <C>         <C>
Cash flows from operating activities:
   Net income                                                       $ 134,009   $  90,375
                                                                    ----------  ----------

   Adjustments to reconcile net income to net cash provided
     by (used for) operating activities:
      Depreciation and amortization                                    27,429      33,819
      Provision for doubtful accounts                                  (8,000)      1,702
      Inventory valuation allowance                                   (11,000)     20,000
      Decrease (increase) in accounts receivable                      (29,847)    146,738
      Increase in inventories                                         (24,908)    (36,626)
      Decrease (increase) in prepaid expenses                         (51,776)     33,862
      (Decrease) increase in accounts payable and accrued expenses    (51,645)    (34,810)
                                                                    ----------  ----------

        Total adjustments                                            (149,747)    164,685
                                                                    ----------  ----------

          Net cash provided by (used for) operating activities        (15,738)    255,060
                                                                    ----------  ----------

Cash flows from investing activities:
   Purchase of equipment                                             (101,487)     (1,999)
                                                                    ----------  ----------

          Net cash used for investing activities                     (101,487)     (1,999)
                                                                    ----------  ----------

Cash flows from financing activities:
   Borrowings on line of credit                                        50,000           -
   Repayment of line of credit                                        (50,000)   (138,000)
   Proceeds from exercise of stock option                                   -       8,000
   Payment of stock subscription receivable                                 -           -
                                                                    ----------  ----------

          Net cash used for financing activities                            -    (130,000)
                                                                    ----------  ----------

Net increase (decrease) in cash                                      (117,225)    123,061

Cash at beginning of period                                           123,297         236
                                                                    ----------  ----------

Cash at end of period                                               $   6,027   $ 123,297
                                                                    ==========  ==========


Supplement disclosures of cash flow information:

   Cash paid for interest                                           $     331   $   7,008
                                                                    ==========  ==========
</TABLE>


                                      F-5
<PAGE>
                             FIRST AID DIRECT, INC.

                          NOTES TO FINANCIAL STATEMENTS


(1)  SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES

     (a)  Organization  and  Capitalization

     First  Aid  Direct,  Inc.  (the "Company") was incorporated in the State of
     Florida during July 1977 as Rehabilitation Institute of South Florida, Inc.
     The  Articles  of  Incorporation, as amended on December 5, 1997, authorize
     the  Company  to  issue,  and  have outstanding, at any one time 50,000,000
     shares of common stock with a par value of $.001. A second amendment to the
     Articles  of  Incorporation, on December 22, 1999, ratified the name change
     from  First  Aid  Select,  Inc.  to  First  Aid  Direct,  Inc.

     (b)  Business

     The Company distributes on a national level wholesale first aid products to
     first  aid  distributors  and  also provides a business to business program
     called  "Direct  Ship".

     (c)  Use  of  Estimates

     The  preparation  of  financial  statements  in  conformity  with generally
     accepted  accounting  principles  requires management to make estimates and
     assumptions  that  affect  the amounts reported in the financial statements
     and  accompanying  disclosures.  Although  these  estimates  are  based  on
     management's  knowledge  of  current events and actions it may undertake in
     the  future,  they  may  ultimately  differ  from  actual  results.

     (d)  Cash  and  Cash  Equivalents

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

     (e)  Inventories

     Inventories,  which  are comprised of first aid products held for sale, are
     stated  at  the  lower  of  cost  or  market, and net of a $9,000 valuation
     allowance  as  of  December  31,  2002. Cost is determined on the first-in,
     first-out (FIFO) method. The change in the valuation allowance (reserve for
     obsolescence)  was  included  in  cost  of  goods  sold  for the year ended
     December  31,  2002.


                                      F-6
<PAGE>
                                                                     (CONTINUED)
                             FIRST AID DIRECT, INC.

                    NOTES TO FINANCIAL STATEMENTS (CONTINUED)


(1)  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

     (f)  Accounts  Receivable

     The  Company generally sells product to a wide variety of customers without
     requiring  collateral. The Company monitors their exposure to credit losses
     and  maintains allowances for anticipated losses considered necessary under
     the  circumstances.

     (g)  Property  and  Equipment

     Property  and  equipment are stated at cost. Depreciation is computed using
     the  straight-line  method  over  the estimated useful lives of the assets.
     Gain  or loss on disposition of assets is recognized currently. Repairs and
     maintenance  which  do  not  extend  the lives of the respective assets are
     charged  to  expense  as  incurred.  Major  replacements or betterments are
     capitalized  and depreciated over the remaining useful lives of the assets.

     (h)  Customer  Lists

     The  Company  purchased  customer  lists  from a stockholder (see Note 10),
     which were being amortized using the straight-line method over an estimated
     useful  life  of ten years. Effective, January 1, 2002, the Company adopted
     Statement  of Financial Accounting Standards (SFAS) No. 142, ("Goodwill and
     Other  Intangibles").  With the adoption of SFAS No. 142, the customer list
     is  no longer subject to amortization, instead it is subject to at least an
     annual  assessment  for impairment by applying a fair-value based test. The
     Company determined that there was no impairment loss to be recorded for the
     year  ended  December  31,  2002.

     (i)  Revenue  Recognition

     The  Company recognizes revenue, including shipping and handling fees, when
     the  merchandise  is shipped to customers. Allowances for estimated returns
     are  provided  when  sales  are recorded. All costs related to shipping and
     handling  are  included  in  cost  of  sales.

     (j)  Advertising

     Advertising  costs are expensed as incurred. Advertising costs incurred for
     the  years  ended December 31, 2002 and 2001 were approximately $22,000 and
     $67,000,  respectively.

     (k)  Non-competition  Agreement

     The  Company  is amortizing the payments made pursuant to a non-competition
     agreement over the five-year term of the agreement (see Note 10).


                                      F-7
<PAGE>
                                                                     (CONTINUED)
                             FIRST AID DIRECT, INC.

                    NOTES TO FINANCIAL STATEMENTS (CONTINUED)


(1)  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

     (l)  Long-lived  assets

     The Company reviews its long-lived assets for impairment whenever events or
     changes  in  circumstances indicate that the carrying value of an asset may
     not  be recoverable. In performing the review of recoverability the Company
     estimates  the  future  cash  flows  expected to result from the use of the
     asset  and its eventual disposition. If the sum of the expected future cash
     flows is less than the carrying amount of the assets, an impairment loss is
     recognized  by  comparing the fair value of assets to their carrying value.
     Long-lived  assets  to be disposed of are reported at the lower of carrying
     amount  or  fair value, less costs to sell. The Company has determined that
     no  impairment  losses  need to be recognized through the fiscal year ended
     December  31,  2002.

     (m)  Income  Taxes

     The  Company  accounts  for  its  income taxes using Statement of Financial
     Accounting Standards (SFAS) No. 109, ("Accounting For Income Taxes"), which
     requires  the  recognition  of  deferred  tax  liabilities  and  assets for
     expected  future  tax consequences of events that have been included in the
     financial  statements  or  tax  returns.  Under  this  method, deferred tax
     liabilities  and  assets are determined based on the difference between the
     financial  statement  and tax bases of assets and liabilities using enacted
     tax  rates  in effect for the year in which the differences are expected to
     reverse.

     (n)  Stock-based  Compensation

     The  Company  has elected to follow Accounting Principles Board Opinion No.
     25,  ("Accounting  For  Stock  Issued  to  Employees")  ("APB No. 25"), and
     related  interpretations,  in  accounting  for  its  employee  stock  based
     compensation  rather  than the alternative fair value accounting allowed by
     SFAS  No.  123,  ("Accounting  for  Stock-based  Compensation"). APB No. 25
     provides  that  the compensation expense relative to the Company's employee
     stock options is measured based on the intrinsic value of the stock option.
     SFAS  No.  123  requires  companies  that  continue to follow APB No. 25 to
     provide  a  pro-forma  disclosure  of the impact of applying the fair value
     method  of  SFAS  No.  123.

     The Company follows SFAS No. 123 in accounting for stock based compensation
     issued  to  non-employees.

     (o)  Employee  benefits

     The  Company provides their employees with a 401(K) plan. The employees are
     eligible  to  participate  upon  their  hiring,  and  the  Company does not
     contribute  to  the  plan.


                                      F-8
<PAGE>
                                                                     (CONTINUED)

                             FIRST AID DIRECT, INC.

                    NOTES TO FINANCIAL STATEMENTS (CONTINUED)

(1)  SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES  (CONTINUED)

     (p)  Net  Income  Per  Common  Share

     The  Company  has  adopted  SFAS  No.  128,  ("Earnings  Per Share"), which
     requires  the reporting of both basic and diluted earnings per share. Basic
     net  loss  per  share  is  determined  by dividing loss available to common
     shareholders  by  the  weighted average number of common shares outstanding
     for the period. Diluted loss per share reflects the potential dilution that
     could  occur  if  options  or  other  contracts  to issue common stock were
     exercised  or  converted  into common stock, as long as the effect of their
     inclusion  is  not  anti-dilutive.

     (q)  Recent  Accounting  Pronouncements

     Effective,  January  1,  2002,  the  Company adopted Statement of Financial
     Accounting  Standards  (SFAS)  No. 142, ("Goodwill and Other Intangibles").
     With  the  adoption of SFAS No. 142, the customer list is no longer subject
     to  amortization.  Rather, the customer list will be subject to at least an
     annual  assessment  for impairment by applying a fair-value based test. The
     impairment  loss  is the amount, if any, by which the implied fair value of
     the  customer list is less than carrying or book value. Any impairment loss
     arising  from  the initial application of SFAS No. 142 is to be reported as
     resulting  from  a  change  in  accounting  principle.


(2)  PROPERTY  AND  EQUIPMENT

The  following  is  a  summary  of  property  and  equipment,  less  accumulated
depreciation  as  of  December  31,  2002  and  2001:

<TABLE>
<CAPTION>
                                                             Estimated
                                                              Useful
                                        2002       2001        Lives
                                      ---------  ---------  ---------
<S>                                   <C>        <C>        <C>
       Furniture and equipment        $192,237   $ 94,735     5 years
       Leasehold improvements            3,985     20,584     5 years
                                      ---------  ---------
                                       196,222    115,319
       Less accumulated depreciation   (67,835)   (60,990)
                                      ---------  ---------

                                      $128,387   $ 54,329
                                      =========  =========
</TABLE>

Depreciation  expense for the years ended December 31, 2002 and 2001 was $27,429
and  $20,486,  respectively.


                                      F-9
<PAGE>
                                                                     (CONTINUED)
                             FIRST AID DIRECT, INC.

                    NOTES TO FINANCIAL STATEMENTS (CONTINUED)


(3)  LINE  OF  CREDIT

The  Company  has  a $250,000 line of credit with a bank, with interest at prime
rate  (4.25%  at  December 31, 2002).  The line matured February 1, 2002 and was
renewed  through  February  1,  2004,  and  is  collateralized  by the Company's
accounts receivable and inventory.  At December 31, 2002, the Company had repaid
the  outstanding  balance  on  the  line  of  credit  during  the  year  2002.


(4)  COMMITMENTS  AND  CONTINGENCIES

Leases
------

     On  July  25,  2002, the Company entered into a new lease for its corporate
office and warehouse facility. The commencement date of the lease is December 1,
2002.  The lease term is for sixty-two months, with one five year extension. The
rent expense for the new facility was $11,636 for 2002.

The  Company  continues  to carry the lease for its previous corporate facility.
The  lease  is  with  the  prior  CEO  and expires July 31, 2004. The total rent
expense  was  $61,450  and  $57,400  for  2002  and  2001,  respectively.

In  December 1999, the Company leased telephone equipment under a non-cancelable
operating lease, which expires in December 2003.  Rent expense $3,109 and $3,000
for 2002 and 2001, respectively.  During October 2002, the Company leased office
equipment under a non-cancelable operating lease, which expires in October 2007.
Rent  expense  was  $1,005  for  2002.

The Company's future minimum rental commitments are as follows:

               Ending
             December 31:
             ------------
                  2003             $     209,158
                  2004                   186,856
                  2005                   158,172
                  2006                   163,104
                  2007                   167,073
                                   -------------

                                   $     884,363
                                   =============


                                      F-10
<PAGE>
                                                                     (CONTINUED)
                             FIRST AID DIRECT, INC.

                    NOTES TO FINANCIAL STATEMENTS (CONTINUED)


(5)  RELATED  PARTY  TRANSACTIONS

Employment  Agreements
----------------------

Effective  January  1,  2001, the current Chief Executive Officer of the Company
entered into a three-year employment agreement with the Company providing for an
annual  base  compensation  of $150,000 plus an annual discretionary bonus to be
determined  by  the  Board  of  Directors.  The  agreement also provided for the
employee  to  receive  certain  fringe  benefits.

Sales  to  Stockholder
----------------------

During  the  year ended December 31, 2002 and 2001, approximately $1,071,000 and
$1,042,000  or  32%  and 32%, respectively, of revenue was derived from sales to
the  majority  stockholder  which acquired the retail operations on December 16,
1999,  and  maintains  a  five  year  product supply agreement with the majority
stockholder.  In  February 2002, the Company granted, and continues to grant the
stockholder  a  five  percent  discount  from  previous  price  levels  to  meet
competitive  market  prices and the increasing volume of purchases being made by
the  stockholder.


(6)  INCOME  TAXES

A  reconciliation of income tax computed at the statutory federal rate to income
tax  expense  (benefit)  is  as  follows:

<TABLE>
<CAPTION>
                                                       2002       2001
                                                     ---------  ---------
<S>                                                  <C>        <C>
     Tax provision at the statutory rate of 34%      $ 45,000   $ 31,000
     State income taxes, net of federal income tax      7,000      5,000
     Benefit of net operating loss carryforward       (28,000)   (34,000)
     Other                                            (24,000)    (2,000)
                                                     ---------  ---------

                                                     $      -   $      -
                                                     =========  =========
</TABLE>

The  net  tax  effects  of  temporary differences between the carrying amount of
assets and liabilities for financial reporting purposes and the amounts used for
income  tax  purposes  are  reflected  in  deferred  income  taxes.  Significant
components of the Company's deferred tax assets as of December 31, 2002 and 2001
are  as  follows:


                                      F-11
<PAGE>
                                                                     (CONTINUED)
                             FIRST AID DIRECT, INC.

                    NOTES TO FINANCIAL STATEMENTS (CONTINUED)


(6)  INCOME TAXES (CONTINUED)

<TABLE>
<CAPTION>

                                        2002       2001
                                      ---------  ---------
<S>                                   <C>        <C>
     Net operating loss carryforward  $ 24,000   $ 52,000
     Accounts receivable allowance       3,000      7,000
     Inventory valuation allowance       3,000      8,000
     Start-up costs                    (18,000)   (21,000)
     Depreciation and amortization      (9,000)    (4,000)
     Less valuation allowance           (3,000)   (42,000)
                                      ---------  ---------

       Net deferred tax asset         $      -   $      -
                                      =========  =========
</TABLE>


As  of  December  31,  2002,  sufficient  uncertainty  exists  regarding  the
realizability  of  these  deferred tax assets and, accordingly, a 100% valuation
allowance  has  been established.  The net change in the valuation allowance for
the  years  ended  December  31,  2002  and  2001  was  $39,000  and  $32,000,
respectively.

At  December  31,  2002,  the  Company  had net operating loss carryforwards for
federal  income  tax  purposes  of approximately $70,000, which are available to
offset  future  taxable  income,  if  any,  through  2020.


(7)  STOCK  OPTIONS

In  1995, the Financial Accounting Standards Board issued Statement of Financial
Accounting  Standards  No.  123.  As  permitted  by  SFAS  No.  123, the Company
continues  to  apply  the recognition and measurement provisions of APB 25.  The
differences  between  the recognition and measurement provisions of SFAS No. 123
and  APB  25  had  no material effect on the Company's results of operations for
2002  and  2001.

During  the  year  ended  December  31, 2001, the balance of 80,000 options were
exercised.  There  were  no  additional  options  granted,  exercised or expired
during  the  years  ended  December  2002  and  2001,  and  there are no options
outstanding  as  of  December  31,  2002.


                                      F-12
<PAGE>
                                                                     (CONTINUED)
                             FIRST AID DIRECT, INC.

                    NOTES TO FINANCIAL STATEMENTS (CONTINUED)


(8)  CONCENTRATIONS  OF  CREDIT  RISK

Financial  instruments that potentially subject the Company to concentrations of
credit  risk  are  cash  and  accounts  receivable.

The Company maintains deposit balances at financial institutions that, from time
to  time  during the year, may exceed federally insured limits.  At December 31,
2002  and  2001, the Company had deposits of approximately $63,500 and $123,000,
respectively,  of  which  the  2001  balance  was in excess of federally insured
limits.  The Company maintains its cash with high quality financial institutions
which  the  Company  believes  limits  these  risks.


(9)  FAIR  VALUE  OF  FINANCIAL  INSTRUMENTS

The  carrying values of cash and cash equivalents, receivables, accounts payable
and accrued liabilities approximated their fair values due to the short maturity
of  these  instruments  as  of  December  31,  2002.


(10) ACQUISITION  OF  ASSETS

Purchase
--------

On  March  16, 2000, the Company entered into an asset purchase agreement to buy
certain  assets  from  a  major  stockholder.  The  Company  purchased  accounts
receivable,  inventory  and  customer  lists for $200,000, as noted below, to be
paid  in  cash.  The  $200,000 represents the historical cost of these assets to
the  stockholder as reflected in the stockholder's accounting books and records.

     Accounts  receivable               $    25,264
     Inventories                             41,374
     Customer  lists                        133,362
                                        -----------

                                         $  200,000
                                        ===========

Commitments
-----------

The  Company entered into a non-competition agreement and a consulting agreement
with  the  original  owner  of  the assets purchased above.  The covenant not to
compete  is  for a five-year term and provides for a total payment of $75,000 to
be  paid  in  thirty-six  equal installments.  The consulting agreement is for a
three-year term and provides for thirty-six equal installments totaling $75,000.


                                      F-13
<PAGE>
     (b)  EXHIBITS

          Exhibit             Description  of  Documents
          -------             --------------------------

          2.1*           Asset Purchase Agreement between, dated December 16,
                         1999, between Van Dyne-Crotty, Inc. as Purchaser and
                         First Aid Select, Inc. as Seller.
          2.2*           Asset Purchase Agreement, dated March 18, 2000, between
                         Van Dyne-Crotty, Inc. as Seller and First Aid Direct,
                         Inc. as Purchaser.
          3.1*           Articles of Incorporation, as amended.
          3.2*           By-Laws.
          9.1*           Voting Trust Agreement.
          10.2*          Share Purchase Agreement between Van Dyne-Crotty, Inc.,
                         Scott Siegel and Robert Sussman.
          10.3*          Supply Agreement between Van Dyne-Crotty, Inc. and
                         First Aid Select, Inc.
          17.3***        Employment contract with Scott Siegel.
          99.1           Certification of Chief Executive Officer

*  Previously filed with the Company's Form 10SB

***  Previously filed with the Company's Form 10-KSB for the year ended December
31, 2001

ITEM 14.  CONTROLS AND PROCEDURES

An evaluation of the effectiveness of the design and operation of our disclosure
controls  and  procedures  as  of  March  14,  2003  was  conducted by our chief
executive  officer.  Based  on  that  evaluation,  our  chief  executive officer
concluded  that our disclosure controls and procedures were effective as of such
date.  There  have  been  no  significant changes in our internal controls or in
other  factors  that could significantly affect these controls subsequent to the
date  of  such  evaluation.


                                       16
<PAGE>
                                   SIGNATURES

Pursuant  to  the requirements of Section 13 or 15(d) of the Securities Exchange
Act  of  1934,  the  Registrant  has duly caused this report to be signed on its
behalf  by  the  undersigned,  thereunto  duly  authorized.

                                FIRST AID DIRECT, INC.


Date:  March 14, 2003                     By:  /s/ Kevin M. Crotty
                                          -----------------------------
                                          Kevin M. Crotty, Chairman,


Date:  March 14, 2003                     By:  /s/ Scott Siegel
                                          -----------------------------
                                          Scott Siegel, Chief Executive Officer,
                                          Secretary and Treasurer
                                          (Principal Executive Officer)

Pursuant to the requirements of the Securities Exchange Act of 1934, this report
has  been  signed below by the following persons on behalf of the Registrant and
in  the  capacities  and  on  the  dates  indicated.


Date:  March 14, 2003                     By: /s/ Scott Siegel
                                          -----------------------------
                                          Scott Siegel, Director


Date:  March 14, 2003                     By: /s/ Kevin M. Crotty
                                          -----------------------------
                                          Kevin M. Crotty, Director


Date:  March 14, 2003                     By: /s/ Stephen D. Smiley
                                          -----------------------------
                                          Stephen D. Smiley, Director


Date:  March 14, 2003                     By: /s/ Bruce A. Widnes
                                          -----------------------------
                                          Bruce A. Widnes, Director


Date:  March 14, 2003                     By: /s/ James M. Striplen III
                                          -----------------------------
                                          James M. Striplen III, Director


                                       17
<PAGE>
                            CERTIFICATION PURSUANT TO
                  SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I,  Scott  Siegel,  Chief  Executive  Officer of First Aid Direct, Inc., certify
that:

     1.   I  have reviewed the annual report on Form 10-KSB of First Aid Direct,
          Inc.:

     2.   Based  on  my  knowledge,  this  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.   I  am 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.   I  have  disclosed,  based  on  my  most  recent  evaluation,  to  the
          registrant's  auditors  and  the  audit  committee of the 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.   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.

Date:  March 14, 2003                                /s/ Scott Siegel
                                                     -----------------------
                                                     Scott Siegel
                                                     Chief Executive Officer


                                       18
<PAGE>