UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                       Washington, D.C. 20549

                            FORM 10-KSB/A

[X] Annual Report Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934 for the year ended December 31, 2004

[ ]Transition report Pursuant to Section 13 or 15(d) of the Exchange Act

                  Commission File Number: 333-79405
                         NATALMA INDUSTRIES, INC.
    ----------------------------------------------------------
         (Name of Small Business Issuer In Its Charter)

        Nevada                               88-0409369
 -------------------------------         ------------------
(State or other jurisdiction             (I.R.S. Employer
of incorporation or organization         Identification No.)

      1550 Ostler Court
   N. Vancouver, B.C., Canada                 V7G 2P1
---------------------------------------     -------------
(Address of principal executive offices)      (Zip Code)

                        (604) 924-8000
                 --------------------------------
                    (Issuer's Telephone Number)

Securities registered pursuant to Section 12(b) of the Act: None
Securities registered pursuant to Section 12(g) of the Act: Common Stock,
par value $0.001

Check whether the issuer: (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 12 months (or
for such shorter period that the registrant was required to file such
reports), and (2) has been subject to such filing requirements for the
past 90 days.  Yes  [X]      No [ ]

Check if there is no disclosure of delinquent filers in response to Item 405
of Regulation S-B contained herein, and no disclosure will be contained, to
the best of registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-KSB or any
amendment to this Form 10-KSB.  [X]

We had no revenues for the fiscal year ended December 31, 2004. At December
31, 2004, 8,777,500 shares of our common stock were held by non-affiliates.
Our common stock is currently listed for quotation in the pink sheets under
the symbol NTAL; however, no active trading market has yet commenced. Issuer
had a total of 11,777,500 shares of Common Stock issued and outstanding at
December 31, 2004. Some exhibits required to be filed hereunder, are
incorporated herein by  reference to Issuer's original Form SB-2 Registration
Statement, which can be found on the SEC website at www.sec.gov under our SEC
File No. 333-79405.

Transitional Small Business Disclosure Format: Yes   No X

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Item 8a. Accounting Controls and Procedures
-------------------------------------------
Accounting Policies
-------------------
The financial statements included herein have been prepared pursuant
to the rules and regulations of the Securities and Exchange Commission.
Management believes the disclosures made are adequate to make the
information not misleading. The financial statements and accompanying
notes are prepared in accordance with generally accepted accounting
principles. Preparing financial statements 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. These estimates and
assumptions are affected by Management's application of accounting
policies. These important accounting policies include the successful
efforts method of accounting for property and equipment, revenue
recognition, accounting for income taxes and foreign currency
translation.

Management maintains disclosure controls and procedures designed to
ensure that we are able to timely collect the information we are
required to disclose in our reports filed with the U.S. Securities
and Exchange Commission.  As of the end of the period covered by
this report, we performed an evaluation, under the supervision and
with the participation of our Management, of the effectiveness of the
design and operation of our disclosure controls and procedures pursuant
to Exchange Act Rule 13a-14. Based upon the evaluation, our Principal
Executive Officer and Principal Accounting Officer concluded that the
current disclosure controls are effective in timely alerting us to any
material information required to be included in our periodic SEC
filings.

We also maintain a system of internal controls designed to provide
reasonable assurance that (i) transactions are executed in accordance
with Management's general and specific authorization; (ii) transactions
are recorded as necessary to permit preparation of financial statements
in conformity with generally accepted accounting principles and to
maintain accountability for assets; (ii) access to assets is permitted
only in accordance with Management's general or specific authorization;
and (iv) the recorded accountability for assets is compared with the
existing assets at reasonable intervals and appropriate action is
taken with respect to any differences. We believe that our internal
controls are effective to provide reasonable assurance that our
financial statements are fairly presented in conformity with generally
accepted accounting principals. Since our most recent evaluation,
there have been no changes in our internal controls or in other
factors that could significantly affect our internal controls, nor
were any corrective actions required with regard to significant
deficiencies and material weaknesses.



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Item 13.  Exhibits and Reports on Form 8-K
------------------------------------------
(a) 1 & 2.  Financial Statements. See Item 7 in Part II; the
financial statements required to be filed herein are contained in
that section in their entirety.

(a) 3.  The following exhibits, marked with an asterisk and
required to be filed hereunder, are incorporated herein by
reference and can be found in their entirety in our original
Form 10-SB Registration Statement, filed under our SEC File No.
333-79405, on the SEC website at www.sec.gov:

<TABLE><CAPTION>

             <c>
Exhibit No.     Description
----------      -----------
* 3(i)          Articles of Incorporation
* 3(ii)         Bylaws
  31            Sec. 302 Certification of President/CEO and CFO
* 32            Sec. 906 Certification of President/CEO and CFO
</TABLE>

(b) Our current report on Form 8-K, filed March 15, 2005, reflecting our
change in auditors, is incorporated here in by this reference and can be
found in its entirety on the SEC website at www.sec.gov under our SEC
File No. 333-79405.




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



                          NATALMA INDUSTRIES, INC., Registrant

Dated: August 5, 2005     By:/s/ Derick Sinclair
                          President, CEO, Treasurer, CFO,
                          Secretary and Director


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

/s/ Derick Sinclair,
--------------------------------------       Dated: August 5, 2005
By: Derick Sinclair, President, CEO,
Treasurer, CFO, Secretary and Director








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