================================================================================

                                  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 period ended September 30, 2005.

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

         For the transition period                    to
                                   ------------------    -----------------------

                  Commission File Number   333-126504
                                           ----------



                               HOST VENTURES INC.
 -------------------------------------------------------------------------------
        (Exact name of small Business Issuer as specified in its charter)


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

9544 South Chesapeake Street
Highlands Ranch,
Colorado                                                     80126
-----------------------------------------        ------------------------------
(Address of principal executive offices)               (Postal or Zip Code)


Issuer's telephone number, including area code: 970-567-7717
                                               --------------


                                      None
--------------------------------------------------------------------------------
(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
13 or 15(d) of the  Securities  Exchange  Act of 1934  during the  preceding  12
months (or for such  shorter  period  that the issuer was  required to file such
reports),  and (2) has been subject to such filing  requirements for the past 90
days [ ] Yes [ X ] No


State the number of shares outstanding of each of the issuer's classes of common
stock, as of the latest  practicable date:  5,125,000 Shares of $0.001 par value
Common Stock outstanding as of November 14, 2005.


<page>

<page>






                               HOST VENTURES, INC.
                         (An Exploration Stage Company)

                              FINANCIAL STATEMENTS

                               September 30, 2005










<page>




                               HOST VENTURES, INC.
                         (An Exploration Stage Company)
                              Financial Statements



                                TABLE OF CONTENTS


                                                                        Page

FINANCIAL STATEMENTS

         Balance sheet                                                     1
         Statements of operations                                          2
         Statements of stockholders' equity                                3
         Statements of cash flows                                          4
         Notes to financial statements                                     6









<page>

                               HOST VENTURES, INC.
                         (An Exploration Stage Company)
                                  BALANCE SHEET
                               September 30, 2005


                                     ASSETS

Current assets
  Cash                                                   $       31,665
                                                         --------------
    Total current assets                                         31,665
                                                         --------------

Total Assets                                             $       31,665
                                                         ==============

                       LIABILITIES & STOCKHOLDERS' EQUITY

Liabilities                                              $            -
                                                         --------------


Stockholders' Equity
    Common stock, $.001 par value;
       75,000,000 shares authorized;
       5,125,000 issued and outstanding                           5,125
    Additional paid in capital                                   49,875
    Deficit accumulated during the exploration stage            (23,335)
                                                         --------------

Total Stockholders' Equity                                       31,665
                                                         --------------

Total Liabilities and Stockholders' Equity               $       31,665
                                                         ==============




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

                                      1
<page>



                               HOST VENTURES, INC.
                         (An Exploration Stage Company)
                            STATEMENTS OF OPERATIONS

<table>
<caption>
                                                                                           Period From
                                                                                          July 20, 2004
                                                               Three Months                (Inception)
                                                                   Ended                     Through
                                                              Sept. 30, 2005             Sept. 30, 2004
                                                           ----------------------    ------------------------

                                                        <c>                       <c>
     Revenue                                                $              -          $              -
                                                           ----------------------    ------------------------

     Expenses:
          Bank charges
          Legal & accounting                                          1,390
          Mining property expenses
          Office expense                                              1,366                       250
          Administration and management                               2,574                       500
                                                           ----------------------    ------------------------
                                                                      5,330                       750
                                                           ----------------------    ------------------------

     Loss from operations                                            (5,330)                     (750)
                                                           ----------------------    ------------------------

     Other income (expense)                                               -                         -
                                                           ----------------------    ------------------------

     Income (loss) before provision for income taxes                 (5,330)                     (750)

     Provision for income tax                                             -                         -
                                                           ----------------------    ------------------------

     Net income (loss)                                      $        (5,330)          $          (750)
                                                           ======================    ========================

     Net income (loss) per share
     (Basic and fully diluted)                              $         (0.00)          $             -
                                                           ======================    ========================

     Weighted average number of
     common shares outstanding                                    5,125,000                         -
                                                           ======================    ========================
</table>

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

                                      2

<page>


                               HOST VENTURES, INC.
                         (An Exploration Stage Company)
                       STATEMENTS OF STOCKHOLDERS' EQUITY

<table>
<caption>
                                                                                                 Deficit
                                                                                                  Accum.
                                                                                                During the              Stock-
                                                   Common Stock              Paid In            Exploration             holders'
                                               Shares         Amount         Capital               Stage                Equity
                                            -----------  -------------   --------------    ------------------         ----------

                                        <c>            <c>            <c>                <c>                       <c>

Balances at July 20, 2004                             -    $         -    $          -         $          -            $       -

December 15, 2004,  2,000,000 shares
     of common stock issued for cash of
     $2,000 to a founder, for $.001 per share 2,000,000          2,000                                                     2,000

January, 2005 - February, 2005,
 2,825,000 shares of common stock
 issued for cash of $28,250 pursuant to
 a Regulation D offering, at .01 per share    2,825,000          2,825          25,425                                    28,250

March, 2005 - April, 2005, 300,000 shares
 of common  stock issued for cash of
 $15,000 pursuant to a Regulation
 D offering, at .05 per share                   300,000            300          14,700                                    15,000

August, 2004 - April, 2005,
 Services and office space
 provided by officer                                                             7,500                                     7,500

Gain (loss) for the period from
 July 20, 2004 (Inception)
 through June 30, 2005                                                                               (18,005)            (18,005)
                                            -------------    ----------    ------------         ------------------    -----------


Balances at June 30, 2005                     5,125,000      $    5,125     $   47,625          $    (18,005)         $   34,745

July, 2005 - Sept., 2005,
     Services and office space
     provided by officer                                                         2,250                                     2,250

Gain (loss) for the period                                                                            (5,330)             (5,330)
                                            -------------   -----------    -----------         ------------------     -----------


Balances at September 30, 2005                 5,125,000     $    5,125     $   49,875          $    (23,335)         $    31,665
                                            =============   ===========    ===========         ==================     ===========
</table>

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

                                        3

<page>






                               HOST VENTURES, INC.
                         (An Exploration Stage Company)
                            STATEMENTS OF CASH FLOWS

<table>
<caption>
                                                                                                 Period From
                                                                                                July 20, 2004
                                                                            Three Months         (Inception)
                                                                                Ended              Through
                                                                              Sept. 30,           Sept. 30,
                                                                                2005                2004
                                                                            --------------      --------------
     
                                                                     <c>                <c>
     Cash Flows From Operating Activities:
                                                                             $    (5,330)       $        (750)
          Net income (loss) during the exploration stage

          Adjustments  to reconcile  net loss to net cash provided by (used for)
          operating activities:

               Donated office space and services                                   2,250                  750
                                                                            --------------      --------------
                    Net cash provided by (used for)
                    operating activities                                          (3,080)                   -
                                                                            --------------      --------------



     Cash Flows From Investing Activities:                                             -                    -
                                                                            --------------      --------------

                    Net cash provided by (used for)
                    investing activities                                               -                    -
                                                                            --------------      --------------
</table>



                          (Continued On Following Page)


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

                                        4

<page>

                               HOST VENTURES, INC.
                         (An Exploration Stage Company)
                            STATEMENTS OF CASH FLOWS


                         (Continued From Previous Page)

<table>
<caption>
                                                                                                 Period From
                                                                                                July 20, 2004
                                                                            Three Months         (Inception)
                                                                                Ended              Through
                                                                              Sept. 30,           Sept. 30,
                                                                                2005                2004
                                                                            --------------      --------------
     
                                                                    <c>                 <c>
     Cash Flows From Financing Activities:                                            -
                                                                            --------------      --------------

                    Net cash provided by (used for)

                    financing activities                                               -                   -
                                                                            --------------      --------------

     Net Increase (Decrease) In Cash                                              (3,080)                  -

     Cash At The Beginning Of The Period                                          34,745                   -
                                                                            --------------      --------------

                                                                             $    31,665        $          -
                                                                            ==============      ==============


     Schedule Of Non-Cash Investing And Financing Activities
     -------------------------------------------------------
     None

     Supplemental Disclosure
     -----------------------

                                                                            $          -        $          -

                                                                            $          -        $          -
</table>




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

                                        5

<page>


                               HOST VENTURES, INC.
                         (An Exploration Stage Company)
                          NOTES TO FINANCIAL STATEMENTS


NOTE 1. ORGANIZATION, OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:

Host Ventures, Inc. (the "Company"),  was incorporated in the State of Nevada on
July 20, 2004. The Company was formed to engage in the acquisition, exploration,
and  production of precious  minerals.  The Company may also engage in any other
business  permitted  by law,  as  designated  by the Board of  Directors  of the
Company.

Exploration Stage
-----------------

The  Company  is  currently  in the  exploration  stage  and has no  significant
operations to date.

Cash and cash equivalents
-------------------------

The Company considers all highly liquid investments with an original maturity of
three months or less as cash equivalents.

Use of Estimates
----------------

The preparation of financial  statements in conformity  with generally  accepted
accounting principles requires management to make estimates and assumptions that
affect  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.

Income tax
----------

The Company  accounts for income taxes under  Statement of Financial  Accounting
Standards No. 109 ("SFAS 109").  Under SFAS 109 deferred taxes are provided on a
liability  method  whereby  deferred tax assets are  recognized  for  deductible
temporary   differences  and  operating  loss  carryforwards  and  deferred  tax
liabilities  are  recognized  for  taxable  temporary   differences.   Temporary
differences  are the  differences  between  the  reported  amounts of assets and
liabilities and their tax bases.  Deferred tax assets are reduced by a valuation
allowance  when, in the opinion of  management,  it is more likely than not that
some portion or all of the  deferred  tax assets will not be realized.  Deferred
tax assets and  liabilities  are adjusted for the effects of changes in tax laws
and rates on the date of enactment.

Fiscal year
-----------

The Company employs a fiscal year ending June 30.



                                        6

<page>

                               HOST VENTURES, INC.
                         (An Exploration Stage Company)
                          NOTES TO FINANCIAL STATEMENTS


NOTE 1. ORGANIZATION, OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(Continued):


Net income (loss) per share
---------------------------

The net income (loss) per share is computed by dividing the net income (loss) by
the weighted  average number of shares of common  outstanding.  Warrants,  stock
options,  and  common  stock  issuable  upon  the  conversion  of the  Company's
preferred  stock (if any),  are not  included in the  computation  if the effect
would be  anti-dilutive  and would  increase the  earnings or decrease  loss per
share.

Revenue recognition
-------------------

Revenue is recognized on an accrual basis as earned under  contract  terms.  The
Company has had no revenue to date.

Mineral Properties
------------------

Costs of acquiring  specific mineral properties are capitalized on a property by
property basis.  Mineral properties are periodically  assessed for impairment of
value and any  impairments  are charged to operations at the time of impairment.
Should a property be sold or  abandoned,  its  capitalized  costs are charged to
operations and gain or loss recognized.

Financial Instruments
---------------------

The carrying value of the Company's  financial  instruments,  including cash and
cash equivalents,  as reported in the accompanying  balance sheet,  approximates
fair value.

Recent Accounting Pronouncements
--------------------------------

In November 2004, the FASB issued SFAS No. 151,  "Inventory  Costs (An Amendment
of ARB No. 43, Chapter 4)". SFAS 151 amends and clarifies  financial  accounting
and reporting for abnormal amounts of idle facility expense,  freight,  handling
costs, and wasted material (spoilage). The Company has adopted the provisions of
SFAS No. 151 which are effective in general for inventory  costs incurred during
fiscal years beginning after June 15, 2005. The adoption did not have a material
effect on the results of operations of the Company.

In December 2004, the FASB issued SFAS No. 152, "Accounting for Real Estate
Time-Sharing Transactions (An Amendment of FASB Statements No. 66 and 67)". SFAS
152 amends FASB 66 and 67 to reference the accounting and reporting guidance for
real
                                        7
<page>

                               HOST VENTURES, INC.
                         (An Exploration Stage Company)
                          NOTES TO FINANCIAL STATEMENTS

NOTE 1. ORGANIZATION, OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(Continued):

estate  time-sharing  transactions  provided for in AICPA  Statement of Position
04-2.  of The  Company  has  adopted  the  provisions  of SFAS No. 152 which are
effective for financial  statements  for fiscal years  beginning  after June 15,
2005.  The adoption did not have a material  effect on the results of operations
of the Company.

In December 2004, the FASB issued SFAS No. 153,  "Exchange of Nonmonetary Assets
(An Amendment of APB No. 29)".  SFAS 153 amends Opinion 29 to eliminate the fair
value  accounting  exception  for  nonmonetary  exchanges of similar  productive
assets,  and replaces that  exception with a general  exception for  nonmonetary
assets  that do not have  commercial  substance.  The  Company  has  adopted the
provisions of SFAS No. 153 which are effective in general for nonmonetary  asset
exchanges  occurring in fiscal years beginning after June 15, 2005. The adoption
did not have a material effect on the results of operations of the Company.

In March  2005,  the FASB  issued  SFAS No.  123  (revised  2004),  "Share-Based
Payment".  SFAS 123(r)  requires that the cost  resulting  from all  share-based
payment transactions be recognized in the financial statements.  The Company has
adopted the  provisions  of SFAS No.  123(r) which are  effective in general for
transactions  entered into or modified after June 15, 2005. The adoption did not
have a material effect on the results of operations of the Company.

In August  2005,  the  Financial  Accounting  Standards  Board  ("FASB")  issued
Statement of Financial Accounting Standard ("SFAS") No. 154, "Accounting Changes
and Error Corrections." SFAS 154 changes the requirements for the accounting for
and  reporting  of a  change  in  accounting  principle,  requiring  in  general
retrospective  application to prior periods' financial  statements of changes in
accounting  principle.  The Company has adopted the  provisions  of SFAS No. 154
which are effective for accounting  changes and corrections of errors  beginning
after  December  15, 2005.  The  adoption did not have a material  effect on the
results of operations of the Company.

NOTE 2.  RELATED PARTY TRANSACTIONS

The Company  recorded rent expense of $250 per month for the use of office space
donated to the Company by an officer.  Total rent expense under this arrangement
was $750.  The  Company  also  recorded  compensation  expense of $500 per month
($1,500 total) for administrative and management services donated to the Company
by an officer.

NOTE 3.  INCOME TAXES

At September 30, 2005 the Company had a net operating loss  carryforward for tax
purposes of  approximately  $13,000 which will expire in 2025.  The deferred tax
asset of $2,700  created  by the net  operating  loss has been  offset by a 100%
valuation allowance. The change in the valuation allowance in 2006 was $616.

                                        8

<page>

Forward-Looking Statements

This Form 10-QSB includes "forward-looking statements" within the meaning of the
"safe-harbor"  provisions  of the Private  Securities  Litigation  Reform Act of
1995.  Such statements are based on management's  current  expectations  and are
subject to a number of factors and uncertainties that could cause actual results
to differ materially from those described in the forward-looking statements.

All statements  other than  historical  facts  included in this Form,  including
without  limitation,   statements  under  "Plan  of  Operation",  regarding  our
financial  position,  business strategy,  and plans and objectives of management
for the future operations, are forward-looking statements.

Although we believe  that the  expectations  reflected  in such  forward-looking
statements are reasonable,  it can give no assurance that such expectations will
prove to have been correct. Important factors that could cause actual results to
differ materially from our expectations  include, but are not limited to, market
conditions, competition and the ability to successfully complete financing.

Item 2. Plan of Operation
-------------------------
Our plan of operation for the next twelve months is to complete the  recommended
phase one and two exploration  programs on the Scadding West claim consisting of
a geological mapping,  prospecting and geochemical  sampling. We anticipate that
these  exploration  programs  will each cost  approximately  $5,000 and  $10,000
respectively.

We commenced  the phase one  exploration  program on the Scadding  West claim in
October  2005.  We will then  undertake  the phase two work  program  during the
spring of 2006. This program will take  approximately one month to complete.  We
do not have any verbal or  written  agreement  regarding  the  retention  of any
qualified engineer or geologist for this exploration program.

As well, we anticipate  spending an additional  $20,000 on administrative  fees,
including  fees  payable  in  connection  with the  filing of this  registration
statement and complying with reporting obligations.

Total expenditures over the next 12 months are therefore expected to be $35,000.

While we have enough  funds to cover the cost of our  exploration  programs,  we
will require  additional  funding in order to cover  anticipated  administrative
fees and to proceed with any additional recommended  exploration on the Scadding
West claim following the completion of the phase two program. We anticipate that
additional  funding will be in the form of equity financing from the sale of our
common stock or from director  loans.  We do not have any  arrangements in place
for any future equity financing or loans.

If our proposed  exploration programs are not successful in identifying economic
mineralization  on the  Scadding  West  mineral  claim,  we intend to acquire an
interest in an alternative  mineral property in order to assess its potential to
contain a mineral  deposit.  It is likely that we would have to raise additional
funding in order to acquire an interest in an additional mineral claim and would
sell shares of our common stock to obtain this financing.

Results Of Operations For The Period From Inception Through September 30, 2005

We have not earned  any  revenues  from our  incorporation  on July 20,  2004 to
September 30, 2005. We do not anticipate  earning  revenues unless we enter into
commercial  production  on the Scadding West claim,  which is doubtful.  We have
only recently commenced the exploration stage of our business and can provide no
assurance  that we will discover  economic  mineralization  on the Scadding West
claim,  or if such minerals are  discovered,  that we will enter into commercial
production.

<page>

We  incurred  operating  expenses  in the amount of $5,330  for the  three-month
period ended  September 30, 2005.  These  operating  expenses were  comprised of
administration  and  management  fees of $2,574,  legal and  accounting  fees of
$1,390 and office expenses of $1,366.

At September  30, 2005, we had total assets of $31,665,  consisting  entirely of
cash and no liabilities.

We have not attained  profitable  operations  and are dependent  upon  obtaining
financing to pursue exploration activities.

Item 3 Controls and Procedures
------------------------------
Evaluation of Disclosure Controls

We evaluated the  effectiveness of our disclosure  controls and procedures as of
September 30, 2005. This evaluation was conducted by William Stewart,  our chief
executive officer and our principal accounting officer.

Disclosure  controls  are  controls  and other  procedures  that are designed to
ensure that  information that we are required to disclose in the reports we file
pursuant  to  the  Securities  Exchange  Act of  1934  is  recorded,  processed,
summarized and reported.

Limitations on the Effective of Controls

Our  management  does not expect that our  disclosure  controls or our  internal
controls over  financial  reporting  will prevent all error and fraud. A control
system, no matter how well conceived and operated,  can provide only reasonable,
but no absolute,  assurance  that the  objectives  of a control  system are met.
Further, any control system reflects limitations on resources,  and the benefits
of a control system must be considered  relative to its costs. These limitations
also include the realities that judgments in  decision-making  can be faulty and
that  breakdowns  can occur  because of simple  error or mistake.  Additionally,
controls  can be  circumvented  by the  individual  acts  of  some  persons,  by
collusion of two or more people or by management override of a control. A design
of a control  system is also  based upon  certain  assumptions  about  potential
future conditions;  over time, controls may become inadequate because of changes
in conditions,  or the degree of compliance  with the policies or procedures may
deteriorate.  Because of the inherent  limitations in a  cost-effective  control
system, misstatements due to error or fraud may occur and may not be detected.

Conclusions

Based  upon  their  evaluation  of our  controls,  William  Stewart,  our  chief
executive officer and principal  accounting officer, has concluded that, subject
to the limitations noted above, the disclosure  controls are effective providing
reasonable  assurance that material  information relating to us is made known to
management  on a timely  basis  during the  period  when our  reports  are being
prepared.  There were no changes in our internal  controls that occurred  during
the  quarter  covered  by this  report  that have  materially  affected,  or are
reasonably likely to materially affect our internal controls.

PART II- OTHER INFORMATION
--------------------------
Item 1. Legal Proceedings

The Company is not a party to any pending  legal  proceeding.  Management is not
aware of any threatened litigation, claims or assessments.

Item 2. Changes in Securities

None.

Item 3. Defaults Upon Senior Securities

None.

<page>

Item 4. Submission of Matters to a Vote of Security Holders

None.

Item 5. Other Information

None.

Item 6. Exhibits and Report on Form 8-K

 31.1     Certification pursuant to 18 U.S.C. Section 1350, as adopted
          pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
 31.2     Certification pursuant to 18 U.S.C. Section 1350, as adopted
          pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
 32.1     Certification pursuant to 18 U.S.C. Section 1350, as adopted
          pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
 32.2     Certification pursuant to 18 U.S.C. Section 1350, as adopted
          pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

We did not file any current reports on Form 8-K during the period.


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.

November 14, 2005


Host Ventures Inc.


/s/ William Stewart
------------------------------
William Stewart, President