Washington, D.C. 20549


                                   FORM 10-QSB
                                   -----------


                   QUARTERLY REPORT UNDER SECTION 13 OR 15 (d)


                     OF THE SECURITIES EXCHANGE ACT OF 1934



    For Quarter Ended January 31, 2005     Commission File Number 333-118808


                            EUROPA TRADE AGENCY LTD.
                            ------------------------
        (Exact name of small business issuer as specified in its charter)


            Nevada                                               98-0434104
            ------                                               ----------
(State or other jurisdiction of                                 (IRS Employer
 incorporation or organization)                              Identification No.)

3715 West 14th Avenue, Vancouver, B.C. Canada                      V6R 2W8
---------------------------------------------                    ----------
  (Address of Principal Executive Offices)                       (Zip Code)

                                 (604) 801-6110
                                 --------------
                           (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  X       No
                                    -----       -----


As of  February  15,  2005,  the Company had  3,010,000  shares of Common  Stock
outstanding.


Transitional Small Business Disclosure Format:

                                 Yes          No  X
                                    -----       -----



<PAGE>






                                Table of Contents
                                -----------------

                                                                        Page
                                                                        ----
PART I    FINANCIAL INFORMATION

Item 1    Financial Statements.......................................     3

Item 2.   Managements Discussion and Analysis........................    15

Item 3.   Controls and Procedures....................................    17


Part II   OTHER INFORMATION

Item 6.   Exhibits...................................................    17

Signatures...........................................................    18






































                                        2
<PAGE>












                            EUROPA TRADE AGENCY LTD.
                          (A Development Stage Company)


                              FINANCIAL STATEMENTS
                              --------------------


                                JANUARY 31, 2005
                                   (Unaudited)









































                                        3
<PAGE>






<TABLE>
<CAPTION>
                            EUROPA TRADE AGENCY LTD.
                          (A Development Stage Company)

                                 BALANCE SHEETS
                                 --------------
                                   (Unaudited)




                                                       JANUARY 31,           JULY 31,
                                                           2005                2004
-----------------------------------------------------------------------------------------

ASSETS

<S>                                                  <C>                 <C>
Current
   Cash                                              $        19,794     $        27,424
   Accounts receivable                                           415                 556
   Prepaid expenses                                                -                   -
   Inventory                                                   1,595               4,666
                                                     ------------------------------------
                                                              21,804              32,646

Property and Equipment, net (Note 4)                             144                 169
                                                     ------------------------------------

                                                     $        21,948     $        32,815
=========================================================================================

LIABILITIES

Current
   Bank indebtedness (Note 5)                        $        10,839     $             -
   Trade accounts payable                                      2,893               3,342
   Accrued liabilities                                         4,847               2,355
   Advances payable (Note 6)                                   7,017               5,285
                                                     ------------------------------------
                                                              25,596              10,982
                                                     ------------------------------------






















                                        4
<PAGE>






<CAPTION>
                            EUROPA TRADE AGENCY LTD.
                          (A Development Stage Company)

                                 BALANCE SHEETS
                                 --------------
                                   (Unaudited)

                        STOCKHOLDERS' EQUITY (Deficiency)


<S>                                                  <C>                 <C>
Common Stock
   Authorized:
      50,000,000 common shares with par value of
        $0.001 per share

   Issued and outstanding:
      3,010,000 common shares at October 31, 2004
        and July 31, 2004
                                                               3,010               3,010

   Additional paid-in capital                                 75,890              57,890

Accumulated Other Comprehensive Loss                           1,383                 (45)
Accumulated Deficit During The Development Stage             (83,931)            (39,022)
                                                     ------------------------------------
                                                              (3,648)             21,833
                                                     ------------------------------------

                                                     $        21,948     $        32,815
=========================================================================================
</TABLE>
























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

                                        5
<PAGE>






<TABLE>
<CAPTION>
                            EUROPA TRADE AGENCY LTD.
                          (A Development Stage Company)

                            STATEMENTS OF OPERATIONS
                            ------------------------
                                   (Unaudited)




                                                                                                          CUMULATIVE
                                         THREE MONTHS ENDED                 SIX MONTHS ENDED             PERIOD FROM
                                             JANUARY 31                        JANUARY 31               INCORPORATION
                                   -------------------------------   -------------------------------   JUNE 6, 2003 TO
                                        2005             2004             2005             2004        JANUARY 31, 2005
-----------------------------------------------------------------------------------------------------------------------

<S>                                <C>              <C>              <C>              <C>              <C>
Sales Revenue                      $         420    $           -    $       1,747    $       1,307              5,132

                                             382                -            2,071            1,166              4,997
                                   ------------------------------------------------------------------------------------

Gross Margin (Loss)                           38                -             (324)             141                135
                                   ------------------------------------------------------------------------------------

Expenses
   Advertising and promotion               2,931              422            3,591            1,259              6,289
   Bank charges and interest                 318               79              571              242                984
   Depreciation                               13                -               25                -                 98
   Foreign exchange loss                                        -            2,009                -              2,009
   Licenses and dues                           -                -                               310                310
   Management services (Note 6)            7,500                -           15,000                -             30,000
   Office and sundry                       3,385              286            4,891              383              5,861
   Professional fees                       4,714              281           12,623              281             15,830
   Rent (Note 6)                           1,500                -            3,000                -              6,000
   Telephone                                 206            1,834              340            2,265              2,980
   Travel                                    821            3,571            2,535            6,974             13,705
                                   ------------------------------------------------------------------------------------
                                          21,388            6,473           44,585           11,714             84,066
                                   ------------------------------------------------------------------------------------

Net Loss For The Period            $     (21,350)   $      (6,473)   $     (44,909)   $     (11,573)           (83,931)
=======================================================================================================================


Net Loss Per Share, Basic and
  diluted                          $       (0.01)   $           -    $       (0.01)   $           -
====================================================================================================


Weighted Average Number Of
  Common Shares Outstanding            3,010,000                -        3,010,000                -
====================================================================================================


Other Comprehensive Loss
   Net loss for the period         $     (21,350)   $      (6,473)   $     (44,909)   $     (11,573)
   Foreign currency translation
     adjustment                              116                -            1,428                -
                                   -----------------------------------------------------------------

Total Comprehensive Loss           $     (21,234)   $      (6,473)   $     (43,481)   $     (11,573)
====================================================================================================
</TABLE>




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

                                        6
<PAGE>






<TABLE>
<CAPTION>
                            EUROPA TRADE AGENCY LTD.
                          (A Development Stage Company)

                            STATEMENTS OF CASH FLOWS
                            ------------------------
                                   (Unaudited)




                                                                                                                CUMULATIVE
                                                                                                               PERIOD FROM
                                                                                                              INCORPORATION
                                              THREE MONTHS ENDED                  SIX MONTHS ENDED                JUNE 6
                                                  JANUARY 31                         JANUARY 31                  2003 TO
                                        -------------------------------    -------------------------------      JANUARY 31
                                             2005             2004              2005             2004              2005
----------------------------------------------------------------------------------------------------------------------------

<S>                                     <C>              <C>               <C>              <C>               <C>
Operating Activities
   Net loss for the period              $     (21,350)   $      (6,473)    $     (44,909)   $     (11,573)    $     (83,931)

Adjustments To Reconcile Net Loss To
     Cash Used By Operating Activities
   Depreciation                                    13                -                25                -                98
   Donated services                             9,000                -            18,000                -            36,000
   Accounts receivable                           (231)               -               141                -              (415)
   Prepaid expenses                               710                -                                  -
   Inventory                                    1,954           (2,216)            3,071           (2,216)           (1,595)
   Trade accounts payable and
     accrued liabilities                        4,211                -             2,043                -             7,740
                                        ------------------------------------------------------------------------------------
                                               (5,693)          (8,689)          (21,629)         (13,789)          (42,103)
                                        ------------------------------------------------------------------------------------

Investing Activity
   Purchase of property and
     equipment                                      -                -                 -                -              (242)
                                        ------------------------------------------------------------------------------------

Financing Activities
   Advances payable                            (1,698)           2,114             1,732           14,138            22,017
   Issue of common shares for cash                  -                -                 -                -            27,900
   Bank indebtedness                            4,539                             10,839                             10,839
                                        ------------------------------------------------------------------------------------
                                                2,841            2,114            12,571           14,138            60,756
                                        ------------------------------------------------------------------------------------

Foreign Exchange Effect On Cash
                                                  116                -             1,428                -             1,383
                                        ------------------------------------------------------------------------------------

Increase (Decrease) In Cash                    (2,736)          (6,575)           (7,630)             349            19,794

Cash, Beginning Of Period                      22,530            6,924            27,424                -                 -
                                        ------------------------------------------------------------------------------------

Cash, End Of Period                     $      19,794    $         349     $      19,794    $         349     $      19,794
============================================================================================================================
</TABLE>





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

                                        7
<PAGE>






<TABLE>
<CAPTION>
                            EUROPA TRADE AGENCY LTD.
                          (A Development Stage Company)

                 STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIENCY)
                 ----------------------------------------------

                                JANUARY 31, 2005
                                   (Unaudited)




                                                                          ACCUMULATED
                                                                            DEFICIT       ACCUMULATED        TOTAL
                               NUMBER                      ADDITIONAL     DURING THE         OTHER       STOCKHOLDERS'
                                 OF                         PAID-IN       DEVELOPMENT    COMPREHENSIVE      EQUITY
                               SHARES         AMOUNT        CAPITAL          STAGE           LOSS        (DEFICIENCY)
                            ------------------------------------------------------------------------------------------

<S>                         <C>            <C>            <C>            <C>             <C>             <C>
Shares issued for debt
  settlement - March 31,
  2004                        2,000,000    $     2,000    $    13,000    $          -    $          -    $     15,000
Shares issued for cash -
  May 18, 2004
                                900,000            900         17,100               -               -          18,000
Shares issued for cash -
  June 30, 2004
                                110,000            110          9,790               -               -           9,900
Foreign currency
  translation                         -              -              -               -             (45)            (45)
Donated capital                       -              -         18,000               -               -          18,000
Net loss for the period
                                      -              -              -         (39,022)              -         (39,022)
                            ------------------------------------------------------------------------------------------
Balance, July 31, 2004
                              3,010,000          3,010         57,890         (39,022)            (45)         21,833
Foreign currency
  translation                         -              -              -               -           1,428           1,428
Donated capital (Note 6)
                                      -              -         18,000               -               -          18,000
Net loss for the period
                                      -              -              -         (44,909)              -         (44,909)
                            ------------------------------------------------------------------------------------------
Balance, January 31, 2005     3,010,000    $     3,010    $    75,890    $    (83,931)   $      1,383    $     (3,648)
                            ==========================================================================================
</TABLE>









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

                                        8
<PAGE>






                            EUROPA TRADE AGENCY LTD.
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS
                          -----------------------------

                                JANUARY 31, 2005
                                   (Unaudited)


1.   BASIS OF PRESENTATION
--------------------------

The unaudited  financial  statements as of January 31, 2005 included herein have
been  prepared  without  audit  pursuant  to the  rules and  regulations  of the
Securities and Exchange Commission. Certain information and footnote disclosures
normally  included in financial  statements  prepared in accordance  with United
States generally accepted  accounting  principles have been condensed or omitted
pursuant  to such  rules and  regulations.  In the  opinion of  management,  all
adjustments (consisting of normal recurring accruals) considered necessary for a
fair  presentation  have been  included.  It is suggested  that these  financial
statements  be read in  conjunction  with the July 31,  2004  audited  financial
statements and notes thereto.

2.   NATURE OF OPERATIONS
-------------------------

     a)   Organization

          The Company was  incorporated  federally under the laws of Canada,  on
          June 6, 2003, and extraprovincially  registered in British Columbia on
          September 26, 2003.  The Company was  continued  under the laws of the
          state of Nevada on May 26, 2004.

     b)   Development Stage Activities

          The  Company  specializes  and  will  continue  to  specialize  in the
          distribution  and  sale of  products  developed  and  manufactured  by
          others. The Company seeks  distribution  agreements with manufacturers
          of products  they believe there is a ready market for in areas readily
          accessible to the Company.

          The Company is in the development  stage.  Therefore,  recovery of its
          assets is  dependent  upon  future  events,  the  outcome  of which is
          indeterminable.  In addition,  successful  completion of the Company's
          development  program and its transition,  ultimately to the attainment
          of  profitable   operations  is  dependent  upon  obtaining   adequate
          financing to fulfil its development  activities and achieve a level of
          sales adequate to support its cost structure.

     c)   Going Concern

          Since  inception,  the Company has suffered  recurring  losses and net
          cash  outflows  from  operations.  The Company  expects to continue to
          incur substantial  losses to complete the development of its business.
          Since its inception, the Company has funded operations through private
          placements and advances from related parties. Management believes that
          sufficient funding will be available to meet its business  objectives,
          including anticipated cash needs for working capital, and is currently



                                        9
<PAGE>






                            EUROPA TRADE AGENCY LTD.
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS
                          -----------------------------

                                JANUARY 31, 2005
                                   (Unaudited)


          evaluating  several  financing  options.  Management  intends  to seek
          additional  capital through private  placements and public offering of
          its common stock. However,  there can be no assurance that the Company
          will be able to obtain sufficient funds to continue the development of
          and  successful  sale of its products.  As a result of the  foregoing,
          there exists substantial doubt about the Company's ability to continue
          as a going  concern.  These  financial  statements  do not include any
          adjustments that might result from the outcome of this uncertainty.

3.   SIGNIFICANT ACCOUNTING POLICIES
------------------------------------

     The  financial  statements  of the Company have been prepared in accordance
     with generally accepted accounting principles in the United States. Because
     a precise  determination  of many assets and  liabilities is dependent upon
     future  events,  the  preparation  of  financial  statements  for a  period
     necessarily  involves  the use of  estimates  which  have been  made  using
     careful judgement.

     The financial  statements  have,  in  management's  opinion,  been properly
     prepared within  reasonable  limits of materiality and within the framework
     of the significant accounting policies summarized below:

     a)   Use of Estimates

          The  preparation of financial  statements in conformity with generally
          accepted  accounting  principles requires management to make estimates
          and  assumptions  that  affect  the  reported  amounts  of assets  and
          liabilities,  and disclosure of contingent  assets and  liabilities at
          the date of the  financial  statements,  and the  reported  amounts of
          revenues and expenses for the reporting  period.  Actual results could
          differ from these estimates.

     b)   Development Stage Company

          The  Company  is  a  development  stage  company  as  defined  in  the
          Statements  of Financial  Accounting  Standards  No. 7. The Company is
          devoting  substantially  all of its present efforts to establish a new
          business and none of its planned principal  operations have commenced.
          All losses accumulated since inception have been considered as part of
          the Company's development stage activities.

     c)   Inventory

          Inventory of packaged goods  available for sale is valued at the lower
          of cost and net realizable value.




                                       10
<PAGE>






                            EUROPA TRADE AGENCY LTD.
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS
                          -----------------------------

                                JANUARY 31, 2005
                                   (Unaudited)



          Cost of inventory is determined using the actual purchase price of the
          goods in inventory plus applicable overhead costs.

     d)   Property and Equipment

          Property and equipment  comprise computer  equipment which is recorded
          at cost, and is being  depreciated at the rate of 30% of the remaining
          balance per year.




































                                       11
<PAGE>






                            EUROPA TRADE AGENCY LTD.
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS
                          -----------------------------

                                JANUARY 31, 2005
                                   (Unaudited)


3.   SIGNIFICANT ACCOUNTING POLICIES (Continued)
------------------------------------------------

     e)   Foreign Currency Translation

          The Company's  operations  are located in Canada,  and its  functional
          currency is the Canadian  dollar.  The financial  statements have been
          translated using the current method whereby the assets and liabilities
          are translated at the year end exchange rate,  capital accounts at the
          historical  exchange  rate,  and  revenues and expenses at the average
          exchange rate for the period. Adjustments arising from the translation
          of the  Company's  financial  statements  are  included  as a separate
          component of shareholders' equity.

     f)   Revenue Recognition

          Revenue from sales is recognized once goods have been delivered to the
          customers. Cash collections in advance of delivery will be recorded as
          deferred  revenue and  recognized  as revenue at the time of delivery.
          Costs related to shipping and handling are included in cost of sales.

     g)   Stock Based Compensation

          The Company measures  compensation  cost for stock based  compensation
          using the intrinsic value method of accounting as prescribed by A.P.B.
          Opinion  No. 25 -  "Accounting  for Stock  Issued to  Employees".  The
          Company  has  adopted  those  provisions  of  Statement  of  Financial
          Accounting   Standards   No.  123  -   "Accounting   for  Stock  Based
          Compensation", which require disclosure of the pro-forma effect on net
          earnings  and  earnings  per  share as if  compensation  cost had been
          recognized  based upon the  estimated  fair value at the date of grant
          for options  awarded.  The  Company has not granted any stock  options
          since incorporation.

     h)   Basic and Diluted Loss Per Share

          In accordance with SFAS No. 128 - "Earnings Per Share", the basic loss
          per common share is computed by dividing net loss  available to common
          stockholders   by  the  weighted   average  number  of  common  shares
          outstanding.  Diluted  loss per common  share is  computed  similar to
          basic loss per common share except that the  denominator  is increased
          to include the number of additional common shares that would have been
          outstanding if any potentially dilutive securities had been issued. At
          January 31, 2005, the Company has no dilutive stock equivalents.







                                       12
<PAGE>






                            EUROPA TRADE AGENCY LTD.
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS
                          -----------------------------

                                JANUARY 31, 2005
                                   (Unaudited)


3.   SIGNIFICANT ACCOUNTING POLICIES (Continued)
------------------------------------------------

     i)   Income Taxes

          The Company has adopted  Statement of Financial  Accounting  Standards
          No. 109 -  "Accounting  for Income  Taxes" (SFAS 109).  This  standard
          requires  the use of an asset and  liability  approach  for  financial
          accounting  and reporting on income  taxes.  If it is more likely than
          not that some  portion  or all if a  deferred  tax  asset  will not be
          realized, a valuation allowance is recognized.

     j)   Financial Instruments

          The  Company's   financial   instruments  consist  of  cash,  accounts
          receivable,  accounts  payable and accrued  liabilities,  and advances
          payable.

          Unless otherwise  noted, it is management's  opinion that this Company
          is not exposed to  significant  interest or credit risks  arising from
          these  financial  instruments.  The  fair  value  of  these  financial
          instruments approximate their carrying values, unless otherwise noted.

4.   PROPERTY AND EQUIPMENT
---------------------------

                                    JANUARY 31, 2005               JULY 31, 2004
                                      ACCUMULATED       NET BOOK      NET BOOK
                             COST    DEPRECIATION        VALUE          VALUE
                         -------------------------------------------------------

     Computer equipment  $    242   $       98         $    144    $      169
                         =======================================================

5.   OPERATING LINE OF CREDIT
-----------------------------

     As at January 31, 2005,  the Company has a  short-term  bank line of credit
     totalling  $16,156 ($Cdn 20,000) of which $10,839 has been drawn down.  The
     line of credit is a revolving  operating  facility  that bears  interest at
     bank prime rate plus 5.5% and is secured  by the  personal  guarantee  of a
     shareholder and director.

6.   RELATED PARTY TRANSACTIONS
-------------------------------

     a)   Advances  payable are due to a director  of the  Company for  expenses
          paid on  behalf of the  Company.  The  amount  bears no  interest,  is
          unsecured and has no stated terms of repayment.





                                       13
<PAGE>






                            EUROPA TRADE AGENCY LTD.
                          (A Development Stage Company)

                          NOTES TO FINANCIAL STATEMENTS
                          -----------------------------

                                JANUARY 31, 2005
                                   (Unaudited)


     b)   The fair value of management services of $15,000 (2003- $Nil) and rent
          of $3,000  (2003 - $Nil),  contributed  by a director,  was charged to
          operations and recorded as donated capital during the six months ended
          January 31, 2005.









































                                       14
<PAGE>






Item 2.  Management's Discussion and Analysis or Plan of Operations
-------------------------------------------------------------------

Cautionary Statement Regarding Forward-looking Statements
---------------------------------------------------------

This report may contain "forward-looking" statements. Examples of
forward-looking statements include, but are not limited to: (a) projections of
our revenues, capital expenditures, growth, prospects, dividends, capital
structure and other financial matters; (b) statements of our plans and
objectives; (c) statements of our future economic performance; (d) statements of
assumptions underlying other statements and statements about us and our business
relating to the future; and (e) any statements using the words "anticipate,"
"expect," "may," "project," "intend" or similar expressions.

Management's Discussion and Analysis of Financial Condition and Results of
--------------------------------------------------------------------------
Operations
----------

This section must be read in conjunction with the financial statements included
in this Quarterly Report.

Results of Operations
---------------------

The Company started taking in revenues for the first time in September, 2003.
For the three months ending January 31, 2005 our sales totaled $420, whereas for
the three months ending January 31, 2004 our sales totaled $0. Sales to this
point have been the result of the continued implementation of our sampling and
trial marketing of the golf nutrition bar in British Columbia. As of January 31,
2005 we had made sales visits to approximately 60 golf courses and retailers in
the Company's exclusive sales region of Western Canada (British Columbia,
Alberta and Saskatchewan). This represents approximately 15% of our target
market in our exclusive sales region. We have secured relationships with several
top golf courses in British Columbia and continue to seek new relationships.

To January 31, 2005 the Company has not experienced sales of its other products,
The Kalamazoo Grill, ScentMaster, and McKirdy's RepalFly. The Company has been
actively engaged in strategic planning and marketing in relation to these
products with a view to achieving sales. Ongoing negotiations with Wal-Mart in
relation to the ScentMaster product have yet to yield results and our
expectations are diminishing.

Gross Profit
------------

For the three months ending January 31, 2005, the company experienced a gross
profit of $38. For the comparable period in 2004 the company did not make a
profit or loss. The low gross profit for the three months ended January 31, 2005
is due to ongoing costs of operating the company combined with small sales
volume, in part due to the seasonal slowdown in sales of golf nutrition bars.





                                       15
<PAGE>






Selling, General and Administrative Expenses
--------------------------------------------

For the three months ending January 31, 2005 selling, general and administrative
expenses totaled $21,388, a rise from $6,473 for the comparable period in 2004.
For the three months ended January 31, 2005, the largest expense category was
management services in the amount of $7,500, followed by professional fees in
the amount of $4,714.

The fair value of the management services provided by Thomas Lamb has been
estimated at $2,500 per month starting on February 1, 2004. An amount of $7,500
for these services has been charged to operations for the three months ending
January 31, 2005, with a credit to paid in capital.

The fair value of office and warehouse space provided by Thomas Lamb at no cost
to the company is estimated at $500 per month starting on February 1, 2004, and
$1,500 for the three months ending January 31, 2005.

Operating Loss
--------------

Our operating loss for the three months ending January 31, 2005 was $21,350,
against a loss of $6,473 for the comparable period in 2004.


Known Trends Likely to Have a Material Impact on Net Sales, Revenue or Income
-----------------------------------------------------------------------------

We continue to pursue new products to represent as well as marketing our
existing products. Our marketing efforts are focused on large retailers with
substantial market presence throughout Canada and the United States. To date we
have been unable to generate sales of products other than the golf nutrition
bar. Efforts to market ScentMaster to Wal-Mart have yet to yield results. We
will continue to negotiate, but given the elapsed time since we commenced
negotiations our expectations are diminishing.

Internal and External Sources of Liquidity
------------------------------------------

Our net cash used by operating activities for the three months ended January 31,
2005 was $5,693 against $8,689 for the comparable period in 2004. The company
has a line of credit with CIBC for CDN $20,000 ($US 16,156 on January 31, 2005),
of which, as at January 31, 2005, the company had drawn down $US 10,839. The
facility bears interest at bank prime rate plus 5.5%. The company's president,
Thomas Lamb, has agreed to loan the Company up to $75,000 to fund the Company's
day-to-day operations if need be. Our management believes that current cash on
hand is sufficient to meet our present growth strategies and related working
capital and capital expenditure requirements for at least the next 12 months.

We do not believe that there will be significant research and development
expenses during the next 12 months.

Known Trends Likely to Have a Material Impact on Short- or Long-Term Liquidity
------------------------------------------------------------------------------

Since our management plans to hire additional staff only on a commissioned




                                       16
<PAGE>






basis, and there are no plans for other significant expenditures over the coming
year (aside from marketing costs, discussed below), adverse material impacts on
short term liquidity are not expected. Our agreements with manufacturers do not
require us to make any financial commitments. We will not be making large
purchases of product from our manufacturers and suppliers unless the product has
already been purchased by a customer. Our long-term liquidity will rely much on
the success of our initial product sales and general marketing.

Known Trends that have had or are Reasonably Expected to Have a Material Impact
-------------------------------------------------------------------------------
on the Net Sales or Revenues or Income from Continuing Operations
-----------------------------------------------------------------

We expect golf nutrition bar sales to be significantly lower during the winter
months to March, 2005 due to the impact of seasonal weather on the golf business
in our exclusive marketing area.

Seasonal Aspects that had a Material Effect on the Financial Condition or
-------------------------------------------------------------------------
Results of Operations
---------------------

A decrease in sales of the golf nutrition bars during the three months ended
January 31, 2005 was caused by the seasonal slowdown in golf activity.


Item 3.  Controls and Procedures
--------------------------------

     (a) Evaluation of Disclosure Controls and Procedures. The Company's chief
executive officer and chief financial officer has evaluated the effectiveness of
the design and operation of the Company's disclosure controls and procedures (as
defined in Exchange Act Rule 13a-14(c)) as of a date within 90 days of the
filing date of this quarterly report. Based on that evaluation, the chief
executive officer and chief financial officer has concluded that the Company's
disclosure controls and procedures are effective to ensure that material
information relating to the Company is made known to such officers by others
within these entities, particularly during the period this quarterly report was
prepared, in order to allow timely decisions regarding required disclosure.

     (b) Changes in Internal Controls. There have not been any significant
changes in the Company's internal controls or in other factors that could
significantly affect these controls subsequent to the date of their evaluation.


Part II--Other Information
--------------------------

Item 6.  Exhibits
-----------------

  31.1      Certificate pursuant to Rule 13a-14(a)

  32.1      Certificate pursuant to 18 U.S.C. Section 1350







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<PAGE>






                                   SIGNATURES
                                   ----------

In accordance with the requirements of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned, thereunto duly
authorized.


Europa Trade Agency Ltd.
------------------------


Date:  March 13, 2005



Per:  /s/ Thomas Lamb
    ----------------------------
    Thomas Lamb
    President, Secretary,
    Treasurer and Director

































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