UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549FORM 10-Q

[X]
     QUARTERLY REPORT UNDER TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JANUARY 31, 2008OR
[   ]
     TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934


Commission file number000-52726THE IBERIAN GROUP INC.(Exact name of registrant as specified in its charter)

DELAWARE(State or other jurisdiction of incorporation or organization)

10-1917 West 4thAvenueVancouver, British ColumbiaCanada V6J 1M7(Address of principal executive offices, including zip code.)

(604) 947-6946(telephone number, including area code)

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 last 90 days.YES [X]     NO [   ]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of large accelerated filer, accelerated filer, non-accelerated filer, and smaller reporting company in Rule 12b-2 of the Exchange Act.

Large accelerated filer
     [   ]
     Accelerated filer
     [   ]Non-accelerated filer
     [   ]
     Smaller reporting company
     [X]


Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).YES [X]     NO [   ]

State the number of shares outstanding of each of the issuers classes of common equity, as of the latest practicable date:4,250,000 as of March 12, 2008.

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PART I  FINANCIAL INFORMATION

ITEM 1.     FINANCIAL STATEMENTS

The Iberian Group Inc.(A Development Stage Company)January 31, 2008

IndexBalance Sheets
     F-1Statements of Operations
     F-2Statements of Cash Flows
     F-3Notes to the Financial Statements
     F-4


























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The Iberian Group Inc.(A Development Stage Company)Balance Sheets(Expressed in U.S. dollars)January 31,
     
     October 31,2008
     
     2007$
     
     $(unaudited)ASSETSCash
     16,791
     
     29,445Total Assets
     16,791
     
     29,445LIABILITIES AND STOCKHOLDERS DEFICITCurrent LiabilitiesAccounts payable
     3,480
     
     3,086Accrued liabilities (Note 3(b))
     9,396
     
     3,718Due to related party (Note 3(b))
     83,721
     
     91,088Total Liabilities
     96,597
     
     97,892Contingencies (Note 1)Stockholders DeficitCommon Stock: 100,000,000 shares authorized, $0.0001 par value4,250,000 shares issued and outstanding
     425
     
     425Additional Paid-in Capital
     3,825
     
     3,825Donated Capital (Note 3(a))
     29,900
     
     27,200Deficit Accumulated During the Development Stage
     (113,956
     )
     (99,897
     )Total Stockholders Deficit
     (79,806
     )
     (68,447
     )Total Liabilities and Stockholders Deficit
     16,791
     
     29,445






(The accompanying notes are an integral part of these financial statements)F-1

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The Iberian Group Inc.(A Development Stage Company)Statements of Operations(Expressed in U.S. dollars)(Unaudited)Accumulated from
     
     For the
     
     For theAugust 20, 2004
     
     Three
     
     Three(Date of Inception)
     
     Months ended
     
     Months endedto January 31,
     
     January 31,
     
     January 31,2008
     
     2008
     
     2007$
     
     $
     
     $Revenue
     
     
     
     
     Operating ExpensesGeneral and administrative (Note 3(a))
     110,507
     
     13,162
     
     3,444Total Operating Expenses
     110,507
     
     13,162
     
     3,444Net Loss from Operations
     (110,507
     )
     (13,162
     )
     (3,444
     )Other ExpenseInterest expense (Note 3(b))
     (3,449
     )
     (897
     )
     (434
     )Net Loss
     (113,956
     )
     (14,059
     )
     (3,878
     )Net Loss Per Share  Basic and Diluted
     
     
     
     
     Weighted Average Shares Outstanding
     
     
     4,250,000
     
     4,250,000














(The accompanying notes are an integral part of these financial statements)F-2

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The Iberian Group Inc.(A Development Stage Company)Statements of Cash Flows(Expressed in U.S. dollars)(Unaudited)Accumulated from
     
     For the
     
     For theAugust 20, 2004
     
     Three
     
     Three(Date of Inception)
     
     Months ended
     
     Months endedto January 31,
     
     January 31,
     
     January 31,2008
     
     2008
     
     2007$
     
     $
     
     $Operating ActivitiesNet loss
     (113,956
     )
     (14,059
     )
     (3,878
     )Adjustment to reconcile net loss to net cash used inoperating activities:Donated expenses
     29,900
     
     2,700
     
     2,700Changes in operating assets and liabilities:Accounts payable
     3,480
     
     394
     
     178Accrued liabilities
     8,500
     
     4,782
     
     Due to related party
     13,457
     
     (6,471
     )
     (11,415
     )Net Cash Used in Operating Activities
     (58,619
     )
     (12,654
     )
     (12,415
     )Financing ActivitiesAdvances from a related party
     71,160
     
     
     
     43,989Proceeds from issuance of common stock
     4,250
     
     
     
     Net Cash Provided by Financing Activities
     75,410
     
     
     
     43,989Increase (Decrease) in Cash
     16,791
     
     (12,654
     )
     31,574Cash  Beginning of Period
     
     
     29,445
     
     259Cash  End of Period
     16,791
     
     16,791
     
     31,833Supplemental DisclosuresInterest paid
     
     
     
     
     Income taxes paid
     
     
     
     
     


(The accompanying notes are an integral part of these financial statements)F-3

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The Iberian Group Inc.(A Development Stage Company)Notes to the Financial StatementsJanuary 31, 2008(Expressed in U.S. dollars)

|1. | Nature of Operations and Continuance of Business                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|-- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|  
|   | The Iberian Group Inc. (the "Company") was incorporated in the State of Delaware on August 20, 2004. The Company is a Development Stage Company, as defined by Statement of Financial Accounting Standard (SFAS) No. 7 Accounting and Reporting by Development Stage Enterprises. The Company offers investment real estate consulting services. These consulting services are designed to provide guidance in real estate transactions for North American buyers and others wishing to invest in exclusive foreign real estate.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|  
|   | These financial statements have been prepared on a going concern basis, which implies the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The Company has not generated any revenue since inception and has never paid any dividends and is unlikely to pay dividends or generate earnings in the immediate or foreseeable future. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders, the ability of the Company to obtain necessary equity financing to continue operations, and the attainment of profitable operations. As at January 31, 2008, the Company has a working capital deficiency of $79,806 and has accumulated losses of $113,956 since inception. These factors raise substantial doubt regarding the Companys ability to continue as a going concern. These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.
|  
|   | Management estimates the Company will require approximately $180,000 for initial operational costs. The Company had $16,791 in cash on hand at January 31, 2008. The Company currently has no revenue and must rely on the sale of equity securities and advances from related parties to fund operations. The Company will require additional funding from the sale of equity or debt financing to meet future estimated expenditures over the next twelve months. The Company does not have any arrangements in place for any future equity or debt financings, and there is no assurance that the Company will be able to obtain the necessary financings to complete its objectives.                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|  
|  
|2. | Summary of Significant Accounting Policies                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
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|   | b)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
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|   | c)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
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F-4

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The Iberian Group Inc.(A Development Stage Company)Notes to the Financial StatementsJanuary 31, 2008(Expressed in U.S. dollars)

|2. | Summary of Significant Accounting Policies (continued)
|-- | ------------------------------------------------------
|  
|   | d)                                                    
|  
|   |                                                       
|  
|   | e)                                                    
|  
|   |                                                       
|  
|   | f)                                                    
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|   |                                                       
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|   | g)                                                    
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|   |                                                       
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|   | h)                                                    
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|   |                                                       
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|   | i)                                                    
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|   |                                                       
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In December 2007, the FASB issued SFAS No. 160 Noncontrolling Interests in Consolidated Financial Statements-an amendment of ARB No. 51. SFAS No. 160 establishes accounting and reporting standards for the noncontrolling interest in a subsidiary and for the deconsolidation of a subsidiary. SFAS No. 160 is effective for fiscal years, and interim periods within those fiscal years, beginning on or after December 15, 2008. The adoption of this statement is not expected to have a material effect on the Company's future reported financial position or results of operations.

F-5

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The Iberian Group Inc.(A Development Stage Company)Notes to the Financial StatementsJanuary 31, 2008(Expressed in U.S. dollars)

|2. | Summary of Significant Accounting Policies (continued)
|-- | ------------------------------------------------------
|  
|   | i)                                                    
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|   |                                                       
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|   |                                                       
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|3. | Related Party Transactions                            
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|   | a)                                                    
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|   | b)                                                    
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F-6

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ITEM 2.     MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.

This section of this quarterly report includes a number of forward-looking statements that reflect our current views with respect to future events and financial performance. Forward-looking statements are often identified by words like: believe, expect, estimate, anticipate, intend, project and similar expressions, or words which, by their nature, refer to future events. You should not place undue certainty on these forward-looking statements, which apply only as of the date of this report. These forward-looking states are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or out predictions.

We are a developmental stage company that has only recently begun our business operations. We have not generated any revenues from our intended business activities, and we do not expect to generate revenues until 2009.

We received our initial funding of $4,250 through the sale of common stock to our officer and director who purchased 1,000,000 shares of our common stock at $0.001 per share on August 20, 2004 and from 35 shareholders of the company who purchased 3,250,000 shares of common stock at $0.001 per share between August 22, 2004 and February 25, 2005.

We are a real estate consulting company and we intend to generate revenue by being instrumental in the sales of development properties situated in Andalusia, Spain.

We are in the process of becoming a full reporting company listed on the OTC Bulletin Board. Once we have achieved this status we will focus upon equity financing to raise necessary working capital. There is no assurance that additional financing will be available or if available, on terms that will be acceptable to the company.

We have incurred losses since inception resulting in a net accumulated deficit of $113,956 at January 31, 2008.

A significant component of our business strategy is the establishment and promotion of the Iberian Group brand in association with exclusive developer real estate products. If we do not establish a strong brand identity we may fail to build a client base or achieve significant revenues.

Promoting the Iberian Group brand will depend largely on the success of our marketing efforts and our ability to provide a consistent, positive client experience. To promote our brand we expect to incur substantial expense related to advertising and other marketing efforts. We expect that developing a good reputation will be key to our success in developing a recognizable and trusted brand, which we believe can be achieved by providing a positive client experience. In order to provide a positive client experience, we expect to invest substantial sums in our marketing, sales fulfillment operations and client service operations.

Our ability to provide a positive client experience is also dependent on external factors over which we may have little or no control. Our failure to provide our clients with positive experiences for any reason could substantially harm our reputation and prevent us from developing The Iberian Group as a trusted brand. The failure of our brand promotion activities could adversely affect our ability to attract new clients and maintain client relationships and, as a result, substantially harm our business and results of operations.



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Our sole officer and director has conflicts of interest in that he has other time commitments that will prevent him from devoting full-time to our operations, which may affect our operations. Because our sole officer and director, who is responsible for all our business activities, does not devote his full working time to operation and management of us, the implementation of our business plan may be impeded. Our sole officer and director has other obligations and time commitments, which will slow our operations and may reduce our financial results and as a result, may not be able to continue with our operations. Additionally, if and when our President becomes unable to handle the daily operations on his own, we may not be able to hire additional qualified personnel to augment our team or if needs be to replace him in a timely manner. If this event should occur, we may not be able to reach profitability. Every effort will be made to recruit exemplary additions to the Iberian Group team as funds become available.

We have incurred losses since inception resulting in a net accumulated deficit of $113,956 at January 31, 2008. Our auditors have issued a going concern opinion. This means that there is a substantial doubt regarding our ability to continue as a going concern.

Milestones

The following are our milestones for the next twelve months:

| | 1. | Internet Presence, Advertising and Product Promotion - Maximum cost of $80,000. Time involved: 180 days.          
| | -- | ------------------------------------------------------------------------------------------------------------------
| |   
| | 2. | Administration establishment - Maximum cost of $30,000. Time involved: Initially 90 days and thence ongoing.      
| |   
| | 3. | Recruitment and staffing - Maximum cost of $70,000. Time involved: Initially 60 days and thence ongoing as needed.
| |   

Currently, we do not have the funds necessary to complete our milestones or operate for the next twelve months. We intend to obtain the necessary funds by the sale of equity securities or through loans.

Limited Operating History; Need for Additional Capital

There is a limited historical financial information about us upon which to base an evaluation of our performance. We are a development stage corporation and have not generated any revenues from activities. We cannot guarantee we will be successful in our business activities. Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources and possible cost overruns due to price and cost increases in services.

To become profitable and competitive, we will be seeking equity financing or loans to provide for the capital required to implement our operations.

We have no assurance that future financing will be available to us on acceptable terms. If financing is not available on satisfactory terms, we may be unable to continue, develop or expand our activities. Equity financing could result in additional dilution to existing shareholders.



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Results of Activities

We have not generated any revenues to date. Our accumulated deficit since inception is 113,956.

We have begun promoting our business and are seeking clients at the present time. As of the date hereof, we do not have any clients.

We continue to seek additional funding to finance new activities, most likely from equity financing. The completion of such a transaction depends on our ability to find suitable investors. Our sole officer and director has agreed to provide funding to us through December 2008.

Liquidity and Capital Resources

As of the date of this report, we have yet to generate any revenues from our business activities.

ITEM 3.     QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

ITEM 4.     CONTROLS AND PROCEDURES.

Evaluation of Disclosure Controls and Procedures- Our Principal Executive Officer and Principal Financial Officer, after evaluating the effectiveness of our disclosure controls and procedures (as defined in Rule 13a-15(e) and 15d-15(e) under the Exchange Act) as of the end of the period covered by this report, have concluded that, based on the evaluation of these controls and procedures, that our disclosure controls and procedures were effective.

Internal Controls Over Financial Reporting- We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

PART II. OTHER INFORMATION

ITEM 6.     EXHIBITS.

The following documents are included herein:

Exhibit No.
     Document Description31.1
     Certification of Principal Executive Officer and Principal Financial Officer pursuant to Rule13a-15(e) and 15d-15(e), promulgated under the Securities and Exchange Act of 1934, asamended.32.1
     Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of theSarbanes-Oxley Act of 2002 (Chief Executive Officer and Chief Financial Officer).




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SIGNATURES

In accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereto duly authorized on this 17thday of March, 2008.

THE IBERIAN GROUP INC.BY:THOMAS P. HAYWARDThomas P. HaywardPresident, Principal Executive Officer,Principal Financial Officer, PrincipalAccounting Officer, Secretary,Treasurer, and sole Director.





























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EXHIBIT INDEXIncorporated by referenceExhibit
     
     
     
     
     FiledNumber
     Document Description
     Form
     Date
     Number
     herewith3.1
     Articles of Incorporation.
     10-SB
     7/12/07
     3.13.2
     Bylaws.
     10-SB
     7/12/07
     3.24.1
     Specimen Stock Certificate.
     10-SB
     7/12/07
     4.114.1
     Code of Ethics.
     10-SB
     7/12/07
     14.131.1
     Certification of Principal Executive Officer and Principal
     
     
     
     XFinancial Officer pursuant to 15d-15(e), promulgatedunder the Securities and Exchange Act of 1934, asamended.32.1
     Certification pursuant to 18 U.S.C. Section 1350, as
     
     
     
     Xadopted pursuant to Section 906 of the Sarbanes-OxleyAct of 2002 (Chief Executive Office and Chief FinancialOfficer).99.1
     Audit Committee Charter.
     10-SB
     7/12/07
     99.199.2
     Disclosure Committee Charter.
     10-SB
     7/12/07
     99.2
























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