UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   FORM 10-QSB

[X] Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange
                                  Act of 1934

                For the quarterly period ended December 31, 2006
                                       or

[ ] Transition Report Pursuant to Section 13 or 15 (d) of the Securities
    Exchange Act of
                                      1934


                          Commission File Number: None

                           Bella Trading Company, Inc.
          ------------------------------- ----------------------------
        (Exact name of small business issuer as specified in its charter)


        Colorado                                      20-0990109
---------------------------                     ---------------------
 (State or other jurisdiction of          (IRS Employer Identification Number)
 incorporation or organization)

                                2119 Arapahoe St.
                                Golden, CO 80401
                      ------------------------------------
                    (Address of principal executive offices)

                                 (303) 435-3535
                        --------------------------------
                           (Issuer's Telephone Number)

                                       N/A
                   ------------------------------------------
              (Former name, former address and former fiscal year,
                         if changed since last report)

Check whether the issuer (1) filed all reports required to be filed by Section
15 or 15 (d) or 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  [  ]

Indicate by check mark whether the registrant is a shell company (as defined in
Rule 12b-25 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:

       Class                              Outstanding at January 15, 2007
       -----                              -------------------------------

    Common Stock                                   6,000,000


Transitional Small Business Disclosure Format (Check one): Yes [ ] No [X]



<PAGE>



                           BELLA TRADING COMPANY, INC.
                          (A Development Stage Company)
                             Condensed Balance Sheet
                                   (Unaudited)



                                                     December 31, 2006
                                                     -----------------
                                     Assets
  Current assets:
     Cash                                                 $ 42,309
     Inventory, at cost                                      1,481
                                                         ---------

                  Total current assets                    $ 43,790
                                                         =========

Liabilities and Shareholders' Equity
  Current liabilities:
     Accounts payable and accrued liabilities            $   6,475
                                                         ---------
                  Total current liabilities                  6,475
                                                         ---------

Shareholders' equity (Notes 2 and 3):
  Preferred stock, $.001 par value; 10,000,000
   shares authorized, -0- shares issued and
   outstanding, respectively                                    --
  Common stock, $.001 par value; 50,000,000 shares
   authorized, 6,000,000 shares issued and outstanding       6,000
  Additional paid-in capital 72,905 Deficit
   accumulated during the development stage                (41,590)
                                                         ---------
                  Total shareholders' equity                37,315
                                                         ---------
                                                         $  43,790
                                                         =========




       See accompanying notes to condensed, unaudited financial statements


                                       2

<PAGE>


                           BELLA TRADING COMPANY, INC.
                          (A Development Stage Company)
                       Condensed Statements of Operations
                                   (Unaudited)

                                                                 April 5, 2004
                                                                  (Inception)
                                      For The Three Months Ended    Through
                                              December 31,         December 31,
                                        2006               2005       2006
                                        ----               ----  --------------

Sales                                 $   242           $  1,125     $ 19,000
Cost of goods sold                        (79)              (629)      (8,036)
                                     ---------          ---------   ----------

      Gross profit                        163                496       10,964
                                     ---------          ---------   ----------
Operating expenses:
  Stock-based compensation (Note 2):
  Officer compensation                     --                 --          400
  Professional fees                     3,360                931       25,921
  Other general and
      administrative expenses           5,660                525       22,933
  Contributed rent (Note 2)               300                300        3,300
                                     ---------          ---------   ----------

      Total operating expenses          9,320              1,756       52,554
                                     ---------          ---------   ----------
      Loss before income taxes         (9,157)            (1,260)     (41,590)

  Provision for income
       taxes (Note 4)                      --                 --           --
                                     ---------          ---------   ----------
      Net loss                        $(9,157)           $(1,260)    $(41,590)
                                     =========          =========   ==========

  Basic and diluted loss per share    $ (0.00)           $ (0.00)
                                     =========          =========

  Basic and diluted weighted average
       common shares outstanding    4,788,590           4,400,000
                                    =========           =========


       See accompanying notes to condensed, unaudited financial statements

                                       3

<PAGE>

                           BELLA TRADING COMPANY, INC.
                          (A Development Stage Company)
                       Condensed Statements of Cash Flows
                                   (Unaudited)

                                                                 April 5, 2004
                                                                  (Inception)
                                      For The Three Months Ended    Through
                                              December 31,         December 31,
                                        2006               2005       2006
                                        ----               ----  --------------

   Net cash provided by (used in)
     operating activities           $  (5,592)         $    519    $  (32,896)
                                    ----------         --------    -----------

Cash flows from financing activities:
   Proceeds from the sale of common stock  --                --       100,000
   Payments for offering costs             --                --       (24,795)
                                    ----------         --------    -----------
        Net cash provided by
         financing activities              --                --        75,205
                                    ----------         --------    -----------
            Net change in cash         (5,592)              519        42,309

Cash, beginning of period              47,901             1,226            --
                                    ----------         --------    -----------
Cash, end of period                 $  42,309          $  1,745    $   42,309
                                    ==========         ========    ===========

Supplemental disclosure of cash
  flow information:
 Cash paid during the period for:
      Income taxes                  $      --          $     --    $       --
                                    ==========         ========    ===========
      Interest                      $      --          $     --    $       --
                                    ==========         ========    ===========





       See accompanying notes to condensed, unaudited financial statements

                                       4

<PAGE>


                           BELLA TRADING COMPANY, INC.
                          (A Development Stage Company)
                     Notes to Condensed Financial Statements
                                   (Unaudited)

Note 1:  Basis of presentation

The accompanying interim condensed financial statements of Bella Trading
Company, Inc. (the "Company") have been prepared pursuant to the rules of the
Securities and Exchange Commission (the "SEC") for quarterly reports on Form
10-QSB and do not include all of the information and note disclosures required
by generally accepted accounting principles. These condensed financial
statements and notes herein are unaudited, but in the opinion of management,
include all the adjustments (consisting only of normal recurring adjustments)
necessary for a fair presentation of the Company's financial position, results
of operations, and cash flows for the periods presented. These condensed
financial statements should be read in conjunction with the Company's audited
financial statements and notes thereto included in the Company's Form 10-KSB for
the year ended September 30, 2006 as filed with the SEC. Interim operating
results are not necessarily indicative of operating results for any future
interim period or for the full year.

Note 2:  Related party transactions

The Company's president contributed office space to the Company for all periods
presented. The office space was valued at $100 per month based on the market
rate in the local area and is included in the accompanying financial statements
as contributed rent expense with a corresponding credit to additional paid-in
capital.

During April 2004, the Company issued 4,000,000 shares of its restricted common
stock to its president in exchange for business planning and organization
services. The shares issued in the transaction were recorded at the fair value
of the services provided as determined in good faith by the Board of Directors.
Stock-based compensation expense of $400 was recognized in the accompanying
financial statements.

Note 3:  Shareholders' equity

Between March and July 2006 the Company sold 1,600,000 shares at of its common
stock at a price of $0.05 per share. The Company received net proceeds of
$59,205 from the sale of these shares after deducting $20,795 of offering costs.
The shares sold in this offering were registered under the Securities Act of
1933.

Between May and July 2004, the Company offered for sale 400,000 shares at of its
common stock at a price of $0.05 per share. The Company closed the offering
after selling all 400,000 shares for net proceeds of $16,000 after deducting
$4,000 of offering costs. The offering was made in reliance on an exemption from
registration of a trade in the United States under Rule 504 of Regulation D of
the United States Securities Act of 1933, as amended. All sales were conducted
through the Company's officers and directors.


                                       5
<PAGE>

                           BELLA TRADING COMPANY, INC.
                          (A Development Stage Company)
                     Notes to Condensed Financial Statements
                                   (Unaudited)


Note 4:  Income taxes

The Company records its income taxes in accordance with SFAS No. 109,
"Accounting for Income Taxes". The Company incurred net operating losses during
all periods presented resulting in a deferred tax asset, which was fully allowed
for; therefore, the net benefit and expense resulted in $-0- income taxes.









                                       6


<PAGE>


ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
         OF OPERATIONS

      During the three months ended December 31, 2005 Bella's gross profit was
44% of its gross revenues.

      During the three months ended December 31, 2006 Bella's gross profit was
67% of its gross revenues, but is not comparable to the prior period due to the
disparity in gross revenues.

      During the three months ended December 31, 2005, Bella's operations
generated $519 in cash.

      During the three months ended December 31, 2006, Bella's operations used
$(5,592) in cash. Capital was provided with cash on hand at October 1, 2006.

      Bella anticipates that its capital requirements for the twelve months
ending December 31, 2007 will be:

      Purchase of Inventory                     10,000
      Marketing                                  9,400
      General and administrative expenses        9,000
      Officers' Salaries                        21,600
                                            ----------
           Total                             $  50,000
                                             =========

      Bella does not anticipate that it will need to hire any new employees
during the twelve months ending December 31, 2007.

      In 2006, and by means of registration statement on Form SB-2, Bella, sold
1,600,000 shares of its common stock at a price of $0.05 per share.

      Bella does not have any commitments or arrangements from any person to
provide Bella with any additional capital. Even if Bella's operations can
generate cash, its future plans will, in part, be dependent upon additional
capital which may be available to Bella. If additional financing is not
available when needed, Bella may continue to operate in its present mode or
Bella may need to cease operations.

ITEM 3.  CONTROLS AND PROCEDURES

Sara Preston, the Company's Chief Executive and Principal Financial Officer, has
evaluated the effectiveness of the Company's disclosure controls and procedures
as of the end of the period covered by this report and in her opinion, the
Company's disclosure controls and procedures ensure that material information
relating to the Company is made known to her by others within those entities,
particularly during the period in which this report is being prepared, so as to
allow timely decisions regarding required disclosure. To the knowledge of Ms.
Preston there has not been any change in the Company's internal controls over
financial reporting during the quarter ended December 31, 2006 that has
materially affected, or is reasonably likely to materially affect, the Company's
controls.

<PAGE>


                                    PART III


ITEM 6. EXHIBITS


 Number           Title
 ------           -----

   31             Rule 13a-14(a) Certifications

   32             Section 1350 Certifications




<PAGE>


                                   SIGNATURES


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


                                          BELLA TRADING COMPANY, INC.


January 19, 2007                       /s/ Sara Preston
                                       ---------------------------------------
                                       Sara Preston
                                       Chief  Executive  Officer,   Principal
                                       Financial Officer and Principal
                                       Accounting Officer