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

x
     QUARTERLY REPORT UNDER TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2008OR ̈
     TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934


Commission file number 000-53292ANVIL FOREST PRODUCTS, INC.(Exact name of registrant as specified in its charter)NEVADA(State or other jurisdiction of incorporation or organization)3445 Manzano CrLas Vegas, Nevada 89121(Address of principal executive offices, including zip code.)

(702) 448-6731(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: 4,430,000 as of August 6, 2008.







---

PART I  FINANCIAL INFORMATION

ITEM 1.     FINANCIAL STATEMENTS

ANVIL FOREST PRODUCTS INC.(A Development Stage Company)BALANCE SHEETS(Unaudited)JUNE 30
     
     
     MARCH 312008
     
     
     2008ASSETSCurrent AssetsCash and cash equivalents
     $
     13,355
     
     $
     2,623Accounts receivable
     
     5,538
     
     
     16,342Goods and services tax receivable
     
     1,206
     
     
     878$
     20,099
     
     $
     19,843LIABILITIESCurrent LiabilitiesAccounts payable and accrued liabilities
     
     14,438
     
     
     8,116Due to a related party (Note 4)
     
     43,713
     
     
     42,65858,151
     
     
     50,774STOCKHOLDERS EQUITYCapital StockAuthorized:Common Stock: 75,000,000 shares authorized, $0.0001 par valueIssued and outstanding:4,430,000 common shares at June 30, 2008 and March 31, 2008
     
     443
     
     
     443Additional Paid In Capital
     
     26,624
     
     
     26,624(Deficit) Accumulated During The Development Stage
     
     (65,119
     )
     
     (57,998
     )(38,052
     )
     
     (30,931
     )$
     20,099
     
     $
     19,843


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

-2-

---

ANVIL FOREST PRODUCTS INC.(A Development Stage Company)STATEMENTS OF OPERATIONS(Unaudited)(Stated in U.S. Dollars)PERIOD FROMTHREE
     
     
     THREE
     
     
     INCEPTIONMONTHS
     
     
     MONTHS
     
     
     AUGUST 11ENDED
     
     
     ENDED
     
     
     2006 TOJUNE 30
     
     
     JUNE 30
     
     
     JUNE 302008
     
     
     2007
     
     
     2008Sales
     $
     -
     
     $
     9,507
     
     $
     28,985Cost of goods sold
     
     -
     
     
     8,631
     
     
     27,672Gross
     
     -
     
     
     876
     
     
     1,313ExpensesProfessional fees
     
     6,555
     
     
     8,182
     
     
     46,255Rent
     
     494
     
     
     1,416
     
     
     8,122Bank charges and interest expenses
     
     81
     
     
     -
     
     
     1,269Regulatory and listing
     
     -
     
     
     -
     
     
     10,280Office and sundry
     
     -
     
     
     82
     
     
     6097,130
     
     
     9,680
     
     
     66,535Operating loss
     
     (7,130
     )
     
     (8,804
     )
     
     (65,222
     )Other income (loss)Foreign exchange gain (loss)
     
     9
     
     
     766
     
     
     103Net Loss And Comprehensive Loss For The Period
     $
     (7,121
     )
     $
     (8,038
     )
     $
     (65,119
     )Basic And Diluted Loss Per Common Share
     $
     (0.00
     )
     $
     (0.00
     )Weighted Average Number Of Common SharesOutstanding
     
     4,430,000
     
     
     4,430,000




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

-3-

---

ANVIL FOREST PRODUCTS INC.(A Development Stage Company)STATEMENTS OF CASH FLOWS(Unaudited)(Stated in U.S. Dollars)PERIOD FROMTHREE
     
     
     THREE
     
     
     INCEPTIONMONTHS
     
     
     MONTHS
     
     
     AUGUST 11ENDED
     
     
     ENDED
     
     
     2006 TOJUNE 30
     
     
     JUNE 30
     
     
     JUNE 302008
     
     
     2007
     
     
     2008Cash Flows From (Used in) Operating ActivitiesNet loss for the period
     $
     (7,121
     )
     $
     (8,038
     )
     $
     (65,119
     )Adjustments To Reconcile Net Loss To Net CashUsed In Operating ActivitiesImputed interest from due to a related party
     
     -
     
     
     -
     
     
     867Changes In Non-Cash Working Capital ItemsAccounts receivable
     
     10,804
     
     
     (10,830
     )
     
     (5,538
     )Goods and services tax receivable
     
     (328
     )
     
     128
     
     
     (1,206
     )Prepaid expense and deposit
     
     -
     
     
     (10,000
     )
     
     -Inventories
     
     -
     
     
     8,631
     
     
     -Accounts payable and accrued liabilities
     
     6,322
     
     
     9,574
     
     
     14,4389,677
     
     
     (10,535
     )
     
     (56,558
     )Cash Flows From Financing ActivitiesProceeds from issuance of common shares
     
     -
     
     
     -
     
     
     26,200Due to a related party
     
     1,055
     
     
     10,000
     
     
     43,7131,055
     
     
     10,000
     
     
     69,913Increase (Decrease) In Cash And Cash Equivalents
     
     10,732
     
     
     (535
     )
     
     13,355Cash And Cash Equivalents, Beginning Of Period
     
     2,623
     
     
     8,484
     
     
     -Cash And Cash Equivalents, End Of Period
     $
     13,355
     
     $
     7,949
     
     $
     13,355






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

-4-

---

ANVIL FOREST PRODUCTS INC.(A Development Stage Company)

STATEMENT OF STOCKHOLDERS EQUITY (DEFICIENCY)(Unaudited)PERIOD FROM INCEPTION, AUGUST 11, 2006 TO JUNE 30, 2008(Stated in U.S. Dollars)

****

(Deficit)Accumulated
     
     TotalAdditional
     During the
     
     StockholdersCommon
     
     Paid-in
     Development
     
     EquityStock
     Amount
     Capital
     Stage
     
     (Deficiency)#
     $
     $
     $
     
     $Balance  August 11, 2006 (Date of Inception)
     -
     -
     -
     -
     
     -Issuance of common shares for cash- at $.0001 per share on November 30, 2006
     3,000,000
     300
     -
     -
     
     300- at $.001 per share on December 1, 2006
     900,000
     90
     810
     -
     
     900- at $.02 per share on December 10, 2006
     350,000
     35
     6,965
     -
     
     7,000- at $.10 per share on December 15, 2006
     180,000
     18
     17,982
     -
     
     18,000Comprehensive income (loss)- Net loss for the period
     -
     -
     -
     (4,661
     )
     (4,661
     )Balance, March 31, 2007
     4,430,000
     443
     25,757
     (4,661
     )
     21,539Imputed interest from due to a related party
     -
     -
     867-
     867Comprehensive income (loss)- Net loss for the year
     -
     -
     -
     (53,337
     )
     (53,337
     )Balance, March 31, 2008
     4,430,000
     443
     26,624
     (57,998
     )
     (30,931
     )Comprehensive income (loss)- Net loss for the period
     -
     -
     -
     (7,121
     )
     (7,121
     )Balance, June 30, 2008
     4,430,000
     443
     26,624
     (65,119
     )
     (38,052
     )












The accompanying notes are an integral part of these financial statements.F-4

-5-

---

ANVIL FOREST PRODUCTS INC.(A Development Stage Company)NOTES TO FINANCIAL STATEMENTS

JUNE 30 2008(Stated in U.S. Dollars)

****

|1. | OPERATIONS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|-- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|  
|   | Organization                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|  
|   | The Company was incorporated in the State of Nevada, U.S.A., on August 11, 2006. The principal activity of the Company is custom wide plank flooring. The Company is considered a development stage company as defined in SFAS No.7. The Company has an office in Vancouver, Canada.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|  
|   | Going Concern                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|  
|   | The accompanying financial statements have been prepared assuming the Company will continue as a going concern.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|  
|   | These financial statements have been prepared on a going concern basis, which the Company has incurred a net loss of $65,119 for the period from August 11, 2006 (inception) to June 30, 2008. 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. As at June 30, 2008, the Company has accumulated losses of $65,119 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.
|  
|  
|2. | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|  
|   | The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America. 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 judgment. Actual results may vary from these estimates.                                                                                                                                                                                                                                                                                                                                                                                                               
|  
|   | 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:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|  
|   | Cash and cash equivalents                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|  
|   | Cash equivalents comprise certain highly liquid instruments with a maturity of three months or less when purchased. As at June 30, 2008, there were no cash equivalents (March 31, 2008 - $nil).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|  

F-5

-6-

---

ANVIL FOREST PRODUCTS INC.(A Development Stage Company)NOTES TO FINANCIAL STATEMENTS

JUNE 30 2008(Stated in U.S. Dollars)



|2. | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(Continued)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|-- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|  
|   | Use of Estimates and Assumptions                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|  
|   | The preparation of financial statements in conformity with United States generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates                                                                                            
|  
|   | Advertising Expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|  
|   | The Company expenses advertising costs as incurred. There were no advertising expenses incurred by the Company for the period ended June 30, 2008 and 2007.                                                                                                                                                                                                                                                                                                                                                                                               
|  
|   | Basic and diluted net loss per share                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|  
|   | The Company reports basic loss per share in accordance with SFAS No. 128  Earnings Per Share. Basic loss per share is computed using the weighted average number of common stock outstanding during the period. Diluted loss per share is computed using the weighted average number of common and potentially dilutive common stock outstanding during the period. As the Company generated net losses in the period presented, the basic and diluted loss per share is the same, as the Company had no other dilutive securities as at June 30, 2008.
|  
|   | Concentration of Credit Risk                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|  
|   | The Company places its cash and cash equivalents with high credit quality financial institutions. As of June 30, 2008, the Company had $nil in a bank beyond insured limits (March 31, 2008 - $nil).                                                                                                                                                                                                                                                                                                                                                      
|  
|   | Foreign Currency Transactions                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|  
|   | The Company is located and operating outside of the United States of America. It maintains its accounting records in U.S. Dollars, as follows:                                                                                                                                                                                                                                                                                                                                                                                                            
|  
|   | At the transaction date, each asset, liability, revenue and expense is translated into U.S. dollars by the use of the exchange rate in effect at that date. At the period end, monetary assets and liabilities are remeasured by using the exchange rate in effect at that date. The resulting foreign exchange gains and losses are included in operations.                                                                                                                                                                                              
|  

F-6

-7-

---

ANVIL FOREST PRODUCTS INC.(A Development Stage Company)NOTES TO FINANCIAL STATEMENTS

JUNE 30 2008(Stated in U.S. Dollars)

****

|2. | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(Continued)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|-- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|  
|   | Financial Instruments                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|  
|   | The carrying values of cash and cash equivalents, accounts receivable, accounts payable and accrued liabilities and due to a related party approximate their fair value because of the short maturity of these instruments. The Companys operations are in Canada and virtually all of its assets and liabilities are giving rise to significant exposure to market risks from changes in foreign currency rates. The Companys financial risk is the risk that arises from fluctuations in foreign exchange rates and the degree of volatility of these rates. Currently, the Company does not use derivative instruments to reduce its exposure to foreign currency risk.                                                                                                                                                                                                                                                                                                                           
|  
|   | Income Taxes                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|  
|   | The Company uses the asset and liability method of accounting for income taxes in accordance with SFAS No. 109  Accounting for Income Taxes. 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 of a deferred tax asset will not be realized, a valuation allowance is recognized.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|  
|   | Inventories                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|  
|   | Inventories are stated at the lower of cost and net realizable value. Net realizable value represents the anticipated selling prices less all further costs for distribution.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|  
|   | Revenue Recognition                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|  
|   | Revenues from sales are net of estimated provisions for returns, rebates and sales allowances from the sale of products. Revenues are recognized when persuasive evidence of an arrangement exists, delivery has occurred and products have been accepted by the customer, the amount of the consideration is fixed and determinable, and there is reasonable assurance of collection of the sales proceeds.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|  
|   | Long-Lived Assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|  
|   | Long-lived assets and certain identifiable intangibles to be held and used by the Company are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The Company continuously evaluates the recoverability of its long-lived assets based on estimated future cash flows and the estimated liquidation value of such long-lived assets, and provides for impairment if such undiscounted cash flows are insufficient to recover the carrying amount of the long-lived assets. If impairment exists, an adjustment is made to write the asset down to its fair value and a loss is recorded as the difference between the carrying value and fair value. Fair values are determined based on quoted market value, discounted cash flows, or internal and external appraisals, as applicable. Assets to be disposed of, when applicable, are carried at the lower of carrying value or estimated net realizable value.
|  

F-7

-8-

---

ANVIL FOREST PRODUCTS INC.(A Development Stage Company)NOTES TO FINANCIAL STATEMENTS

JUNE 30 2008(Stated in U.S. Dollars)

****

|2. | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(Continued)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|-- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|  
|   | Comprehensive Income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|  
|   | The Company adopted Statement of Financial Accounting Standards No. 130 (SFAS 130), Reporting Comprehensive Income, which establishes standards for reporting and display of comprehensive income, its components and accumulated balances. The Company is disclosing this information on its Statement of Stockholders' Equity. Comprehensive income comprises equity except those resulting from investments by owners and distributions to owners. The Company has no elements of other comprehensive income for the period ended June 30, 2008 and 2007.                                                                                                                                                                                                                                                                                                                                                  
|  
|   | Allowance for Doubtful Accounts                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|  
|   | The allowance for doubtful accounts is an estimated amount based on an analysis of current business and economic risks, customer credit-worthiness and specific identifiable risks that may indicate a potential loss. The allowance is reviewed on a consistent basis to ensure that it adequately provides for all reasonably expected losses. An account may be determined to be uncollectible if all collection efforts have been exhausted. This uncollectible amount is written off against the allowance.                                                                                                                                                                                                                                                                                                                                                                                                
|  
|   | Recent accounting pronouncements                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|  
|   | In March 2008, the FASB issued FASB Statement No.161 ("SFAS161"), "Disclosures about Derivative Instruments and Hedging Activities". SFAS161 requires companies with derivative instrument to disclose information that should enable financial-statement users to understand how and why a company uses derivative instruments, how derivative instruments and related hedged items are accounted for under FASB Statement No.133 "Accounting for Derivative Instruments and Hedging Activities" and how derivative instruments and related hedged items affect a company's financial position, financial performance and cash flows. SFAS161 is effective for financial statements issued for fiscal years and interim periods beginning after November15, 2008. The adoption of this statement is not expected to have a material effect on the Company's future financial position or results of operations.
|  
|   | In December 2007, the Financial Accounting Standards Board (FASB) issued SFAS No. 160, Noncontrolling Interests in Consolidated Financial Statements - An amendment of ARB No. 51.SFAS 160 requires companies with noncontrolling interests to disclose such interests clearly as a portion of equity but separate from the parents equity. The noncontrolling interests portion of net income must also be clearly presented on the Income Statement. SFAS 160 is effective for financial statements issued for fiscal years beginning after December 15, 2008. The adoption of this statement is not expected to have a material effect on the Company's future financial position or results of operations.                                                                                                                                                                                            
|  

F-8

-9-

---

ANVIL FOREST PRODUCTS INC.(A Development Stage Company)NOTES TO FINANCIAL STATEMENTS

JUNE 30 2008(Stated in U.S. Dollars)

****

|2. | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(Continued)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|-- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|  
|   | Recent accounting pronouncements (continued)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|  
|   | In December 2007, the Financial Accounting Standards Board (FASB) issued SFAS No. 141,(revised 2007), Business Combinations. SFAS 141 (R) applies the acquisition method of accounting for business combinations established in SFAS 141 to all acquisitions where the acquirer gains a controlling interest, regardless of whether consideration was exchanged. Consistent with SFAS 141, SFAS 141 (R) requires the acquirer to fair value the assets and liabilities of the acquiree and record goodwill on bargain purchases, with main difference the application to all acquisitions where control is achieved. SFAS 141 (R) is effective for financial statements issued for fiscal years beginning after December 15, 2008. The adoption of this statement is not expected to have a material effect on the Company's future financial position or results of operations.                                                                                                               
|  
|   | In February 2007, the FASB issued SFAS No. 159, The Fair Value Option for Financial Assets and Financial Liabilities. SFAS No. 159 permits entities to choose to measure many financial instruments and certain other items at fair value that are not currently required to be measured at fair value. The objective is to improve financial reporting by providing entities with the opportunity to mitigate volatility in reported earnings caused by measuring related assets and liabilities differently without having to apply complex hedge accounting provisions. SFAS No. 159 also establishes presentation and disclosure requirements designed to facilitate comparisons between entities that choose different measurement attributes for similar types of assets and liabilities. SFAS No. 159 is effective for fiscal years beginning after November 15, 2007. The Company has not yet determined whether it will elect the fair value option for any of its financial instruments
|  
|  
|3. | INVENTORIES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|  
|   | As at June 30, 2008, the Company has $nil balance in inventories (March 31, 2008 - $nil).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|  
|  
|4. | DUE TO A RELATED PARTY                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|  
|   | The amounts are due to a director and shareholder of the Company. The balances are unsecured and interest free with no specific terms of repayment.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|  

F-9

-10-

---

ANVIL FOREST PRODUCTS INC.(A Development Stage Company)NOTES TO FINANCIAL STATEMENTS

JUNE 30 2008(Stated in U.S. Dollars)



|5. | CAPITAL STOCK                                                                                                                                                                                                                                
|-- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|  
|   | a)                                                                                                                                                                                                                                           
|  
|   | b)                                                                                                                                                                                                                                           
|  
|   | c)                                                                                                                                                                                                                                           
|  
|   | d)                                                                                                                                                                                                                                           
|  
|   | e)                                                                                                                                                                                                                                           
|  
|  
|6. | SEGMENTED INFORMATION                                                                                                                                                                                                                        
|  
|   | Currently, the Company operates in one industry segment, purchases its inventory from one supplier and derives its revenue from one customer. All operating activities are in Canada and all the assets of the Company are located in Canada.
|  
|  
|7. | COMMITMENTS                                                                                                                                                                                                                                  
|  
|   | The Company has an operating lease for its warehouse with a term expires November 30, 2011 for CAD $6,000 per annum. The lease for the warehouse was cancelled on April 30, 2008.                                                            
|  







F-10

-11-

---

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

This section of this 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 statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or our predictions.

Plan of Operation

We are a start-up corporation. We had an accumulated loss of $65,119 and a working capital deficiency of $38,052 as at June 30, 2008. This means there is substantial doubt that we can continue as an on-going business for the next twelve months unless we obtain additional capital to pay our bills. This is because we have not generated sufficient revenues to stay in business since inception.

We have generated $28,985 in revenues from our business operations since inception. The revenues, however, were not generated from our operations, but were a result of the purchase and sale of inventory. Both the purchase and sale were to unaffiliated third parties.

We have made sales to two customers, unaffiliated third parties, Koeda Forest Products and KE Imports Ltd. We intend to find other customers but have no assurance that we will be able to do so. Our lack of customers is associated with risks, including the risk that we will lose our customer and the risk that we will not find additional customers. We need a larger customer base to have more assurance that we can generate sufficient revenue to grow our company. Without a larger customer base, our future revenue is unpredictable.

We have established our office and raised $26,200 from our private placement of securities.

Because our officers and directors do not have prior experience in financial accounting and the preparation of reports under the Securities Act of 1934, we may have to hire additional experienced personnel to assist us with the preparation thereof. If we need the additional experienced personnel and we do not hire them, we could fail in our plan of operations and have to suspend operations or cease operations entirely and you could lose your investment. Currently, we do not have funds to hire such personnel and we do not intend to do so in the near future. Further, until we open our shop, we have no plans to raise money to hire personnel to assist with the preparation of SEC reports. Our officers and directors plan to educate themselves in order to prepare and file reports with the SEC. Any costs related to filing the reports will be advanced by the officers and directors on an as needed basis.

We believe it will cost $60,000 to operate for twelve months. The $60,000 is comprised of $40,000 for inventory; $3,000 for a salary for our officers and directors; $5,000 for marketing/advertising; $1,000 for office equipment; $11,000 for working capital.

Other than the cost of our inventory, other costs relating to the installation of the floor and paneling will be paid from the proceeds we receive from our customers.

-12-

---

We also rely on periodic loans from our officers and directors in order to pay bills and to continue with our business should we not generate sufficient revenues from our business operations. Our officers and directors have committed to loan us money to maintain operations. The foregoing is an oral declaration of intention by our officers and directors. It is not evidenced by any written documentation, and is not enforceable as a matter of law because there is no consideration for the agreement.

We estimate that it will cost approximately $60,000 to maintain operations for the next twelve months. If we cannot sustain our operations from our revenues, we will have to obtain additional loans from our officers and directors or raise additional funds through a second private placement of securities.

Milestones

Our milestones for the next twelve months are as follows:

| | 1. | Begin advertising and promoting our services in the Kelowna, British Columbia area by advertising through newspapers, periodicals and leaflets. We also intend to establish a website to promote our services and products. The website will be developed by our officers and directors. This activity should take thirty days and cost approximately $500.
| | -- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |   
| |    | Advertising is an ongoing process which will continue during the life of our business.                                                                                                                                                                                                                                                                     
| |   
| | 2. | Purchase additional inventory of wood. We expect to allocate $40,000 for the wood. We should have a limited initial inventory of wood in place at our office within thirty days.                                                                                                                                                                           
| |   
| | 3. | Make contact with additional prospective customers as a result of our advertisements.                                                                                                                                                                                                                                                                      
| |   

If we are unable to generate sufficient revenues, we may have to suspend or cease operations. If we cannot generate sufficient revenues to continue operations, we will suspend or cease operations. If we cease operations, we do not have any plans to do anything else.

Limited Operating History; Need for Additional Capital

There is no historical financial information about us upon which to base an evaluation of our performance. We have generated only $28,985 in revenues from operations since our inception on August 11, 2006 to June 30, 2008. We cannot guarantee we will be successful in our business operations. 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 increases in products and services.

We may need additional capital to operate during the next twelve months. Our officers and directors will loan us the funds necessary to open the floor shop, including the funds for refurbishing, leasing the equipment, and advertising. However, as noted, we do not have a written agreement from our officers to loan us money if we need it.

To become profitable and competitive, we have to attract customers and generate additional revenues.

Equity financing could result in additional dilution to existing shareholders.

-13-

---

As of the date of this report, we have initiated limited operations and generated limited revenues.

Liquidity and Capital Resources

We raised $26,200 in our private placement and obtained a $43,713 advance from one of our directors. We used $56,558 in operating activities leaving us with $13,355 in cash.

If we need additional cash and can't raise it we will either have to suspend operations until we do raise the cash, or cease operations entirely. Our officers and directors have committed to loan us money to maintain operations.

As of the date of this report, we have initiated limited operations and have generated limited revenues of $28,985.

Since inception we have issued 4,430,000 shares of common stock pursuant to the exemption from registration set forth in Regulation S of the Securities Act of 1933. The total purchase price of the shares was $26,200.

In November 2006, we sold 3,000,000 shares of common stock to our officer and director, Walter Brenner and raised $300. In December 2006, we sold 50,000 shares of common stock to our officer and director, Horst Balthes, and raised $1,000. In December 2006, we sold 900,000 shares of common stock to 6 persons at an offering price of $0.001 per shares and raised $900; 300,000 shares of common stock to 6 persons at an offering price of $0.02 per share and raised $6,000; and, 180,000 shares of common stock to 12 persons at $0.10 per share and raised $18,000. All sales were made pursuant to the exemption from registration contained in Regulation S of the Securities Act of 1933. All purchasers were non-US persons and all sales took place outside the United States of America.

As of June 30, 2008, our total assets were $20,099 and our total liabilities were $58,151. Our total assets were comprised of cash and cash equivalents, accounts receivable, lumber inventory, prepaid expense, deposits and goods and services tax receivable. As of June 30, 2008, we had $13,355 in cash and cash equivalents. As of the date of this report, we had $6,450 in cash.

We do not expect significant changes in the number of employees. We do expect to hire independent subcontractors for all of our services.

Results of Operations

Since inception on August 11, 2006, we have generated revenues of $28,985. Our expenses from inception through June 30, 2008 were $27,672 for cost of goods sold; $46,255 for professional fees; $8,122 for rent; $10,280 for regulatory and listing fees; $1,269 bank charges and interest expenses; and, $609 for office expenses.







-14-

---

Recent Accounting Pronouncements

In December 2007, the Financial Accounting Standards Board (FASB) issued SFAS No. 160, Noncontrolling Interests in Consolidated Financial Statements - An amendment of ARB No. 51.SFAS 160 requires companies with noncontrolling interests to disclose such interests clearly as a portion of equity but separate from the parents equity. The noncontrolling interests portion of net income must also be clearly presented on the Income Statement. SFAS 160 is effective for financial statements issued for fiscal years beginning after December 15, 2008. The adoption of this statement is not expected to have a material effect on the Company's future financial position or results of operations.

In December 2007, the Financial Accounting Standards Board (FASB) issued SFAS No. 141,(revised 2007), Business Combinations. SFAS 141 (R) applies the acquisition method of accounting for business combinations established in SFAS 141 to all acquisitions where the acquirer gains a controlling interest, regardless of whether consideration was exchanged. Consistent with SFAS 141, SFAS 141 (R) requires the acquirer to fair value the assets and liabilities of the acquiree and record goodwill on bargain purchases, with main difference the application to all acquisitions where control is achieved. SFAS 141 (R) is effective for financial statements issued for fiscal years beginning after December 15, 2008. The adoption of this statement is not expected to have a material effect on the Company's future financial position or results of operations.

In February 2007, the FASB issued SFAS No. 159, The Fair Value Option for Financial Assets and Financial Liabilities. SFAS No. 159 permits entities to choose to measure many financial instruments and certain other items at fair value that are not currently required to be measured at fair value. The objective is to improve financial reporting by providing entities with the opportunity to mitigate volatility in reported earnings caused by measuring related assets and liabilities differently without having to apply complex hedge accounting provisions. SFAS No. 159 also establishes presentation and disclosure requirements designed to facilitate comparisons between entities that choose different measurement attributes for similar types of assets and liabilities. SFAS No. 159 is effective for fiscal years beginning after November 15, 2007. The Company has not yet determined whether it will elect the fair value option for any of its financial instruments.

In March 2008, the FASB issued FASB Statement No. 161 ("SFAS 161"), "Disclosures about Derivative Instruments and Hedging Activities". SFAS 161 requires companies with derivative instruments to disclose information that should enable financial-statement users to understand how and why a company uses derivative instruments, how derivative instruments and related hedged items are accounted for under FASB Statement No. 133 "Accounting for Derivative Instruments and Hedging Activities" and how derivative instruments and related hedged items affect a company's financial position, financial performance and cash flows. SFAS 161 is effective for financial statements issued for fiscal years and interim periods beginning after November 15, 2008. The adoption of this statement is not expected to have a material effect on the Company's future financial position or results of operations.







-15-

---

ITEM 4.     CONTROLS AND PROCEDURES.

Evaluation of Disclosure Controls and Procedures

We maintain disclosure controls and procedures, as such term is defined in Rule 13a-15(e) under the Securities Exchange Act of 1934 (the Exchange Act), that are designed to ensure that information required to be disclosed in our Exchange Act reports is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission rules and forms, and that such information is accumulated and communicated to our management, including our Principal Executive Officer and Principal Financial Officer, as appropriate, to allow timely decisions regarding required disclosure. We conducted an evaluation under the supervision and with the participation of our Principal Executive Officer and Principal Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures as of the end of the period covered by this report pursuant to Rule 13a-15 of the Exchange Act. Based on this Evaluation, our Principal Executive Officer and Principal Financial Officer concluded that our Disclosure Controls were effective as of the end of the period covered by this report.

Changes in Internal Control

We have also evaluated our internal control for financial reporting, and there have been no significant changes in our internal controls or in other factors that could significantly affect those controls subsequent to the date of our last evaluation.

PART II. OTHER INFORMATION

ITEM 1A.     RISK FACTORS

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 6.     EXHIBITS.

The following documents are included herein:

Exhibit No.
     Document Description31.1
     Certification of Principal Executive and Principal Financial Officer pursuant to Section302 of the Sarbanes-Oxley Act of 2002.32.1
     Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 for the ChiefExecutive and Chief Financial Officer.








-16-

---

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 on this 13thday of August, 2008.

ANVIL FOREST PRODUCTS INC.BY:WALTER BRENNERWalter BrennerPresident, Principal Executive Officer, PrincipalFinancial Officer, Principal Accounting Officer anda member of the Board of Directors































-17-

---

EXHIBIT INDEX

****

|Exhibit No. | Document Description                                                                    
|----------- | ----------------------------------------------------------------------------------------
|31.1        | Certification of Principal Executive and Principal Financial Officer pursuant to Section
|            | 302 of the Sarbanes-Oxley Act of 2002.                                                  
|           
|32.1        | Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 for the Chief   
|            | Executive and Chief Financial Officer.                                                  







































-18-

---