U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549



                                 Form 10-QSB/A-1
                  Quarterly Report Under Section 13 or 15(d) of
                       the Securities Exchange Act of 1934



                  For the Quarterly Period Ended July 31, 2001

                       Commission File No. 0-14234



                         KINGS ROAD ENTERTAINMENT, INC.
                 (Name of small business issuer in its charter)


         Delaware                                                95-3587522
(State or other jurisdiction                                 (I.R.S. Employer
       of incorporation)                                    Identification No.)


                   5743 NW 66th Ave., Parkland, FL 33067-1330
                     (Address of principal executive office)

                    Issuer's telephone number: (212) 709-8111



     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 [__]


     As of October 18, 2001, the Registrant had 3,664,390 shares of its common
stock outstanding.


     Transitional Small Business Disclosure Format: YES [__] NO [X]

                                       1
<PAGE>

PART I - FINANCIAL INFORMATION

Item 1 - Financial Statements

                 KINGS ROAD ENTERTAINMENT, INC. AND SUBSIDIARIES
                           CONSOLIDATED BALANCE SHEET
                                   (UNAUDITED)

<TABLE>
<CAPTION>


                                                                                                  AS OF
                                                                                              JULY 31, 2001
                                                                                          ----------------------
                                                                                                (Restated)
     <S>                                                                                  <C>
     CURRENT ASSETS
        Cash                                                                                          $   13,629
        Inventory                                                                                         22,709
        Accounts Receivable                                                                              247,493
        Prepaid Expenses                                                                                  44,229
                                                                                             -------------------
            Total Current Assets                                                                         328,060
                                                                                             -------------------
     FIXED ASSETS, NET                                                                                     2,205
                                                                                             -------------------
     OTHER ASSETS
        Film Development Costs, net                                                                      143,693
      Other Assets                                                                                           148
        Advance to shareholder                                                                            28,000
                                                                                             -------------------
            Total Other Assets                                                                           171,841
                                                                                             -------------------
     TOTAL ASSETS                                                                                     $  502,106
                                                                                                     ===========

     LIABILITIES AND STOCKHOLDERS' EQUITY

     CURRENT LIABILITIES
        Note Payable                                                                                  $   19,000
        Accounts Payable                                                                                 207,727
        Accrued Expenses                                                                                 168,975
        Deferred Revenue                                                                                  17,241
        Related Party Payable                                                                             47,374
                                                                                             -------------------
            Total Current Liabilities                                                                    460,317

     COMMITMENTS AND CONTINGENCIES

     STOCKHOLDERS' EQUITY
        Common Stock, $.01 par value, 12,000,000 shares
           authorized, 3,664,390 shares issued and outstanding                                            36,644
        Additional Paid-In Capital                                                                    24,906,655
        Deficit                                                                                     (24,901,510)
                                                                                             -------------------
          TOTAL STOCKHOLDERS' EQUITY                                                                      41,789
                                                                                             -------------------
     TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                                                       $  502,106
                                                                                                     ===========


The accompanying notes are an integral part of these consolidated financial statements.

</TABLE>

                                       2
<PAGE>
                 KINGS ROAD ENTERTAINMENT, INC. AND SUBSIDIARIES
                      CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (UNAUDITED)

<TABLE>
<CAPTION>

                                                                                                    THREE MONTHS
                                                                                                    ENDED JULY 31,
                                                                                              2001               2000

                                                                                         --------------- -----------------
                                                                                            (Restated)
<S>                                                                                      <C>              <C>
REVENUES
  Feature Films                                                                               $ 162,962           $ 692,565
                                                                                         ---------------- -----------------
                                                                                                162,962             692,565

COSTS AND EXPENSES
  Costs Related to Revenue                                                                            -             225,693
  Selling Expenses                                                                                5,534              35,585
  General & Administrative Expenses                                                             316,105             156,648
                                                                                         ----------------------------------
                                                                                                322,639             417,926
                                                                                         ----------------------------------
  OPERATING (LOSS) INCOME                                                                     (158,677)             274,639

OTHER INCOME (EXPENSE)
  Interest Income                                                                                    38               5,778
  Interest Expense                                                                                (339)                   -
  Other Income                                                                                    2,483                   -
                                                                                         ---------------- -----------------
                                                                                                  2,182               5,778

                                                                                         --------------------------------
(LOSS) INCOME BEFORE DISCONTINUED
OPERATIONS                                                                                    (156,495)             280,417

LOSS FROM DISCONTINUED
OPERATIONS                                                                                     (48,031)                   -
                                                                                         ----------------------------------
(LOSS) INCOME BEFORE INCOME TAXES                                                             (204,526)             280,417

   Provision for Income Taxes                                                                         -               1,600
                                                                                         ----------------------------------
NET (LOSS) INCOME                                                                           $ (204,526)           $ 278,817
                                                                                             ==========          ==========

Net (Loss) Income Per Share - Basic                                                          $   (0.06)            $   0.08
and Diluted                                                                                  ==========          ==========

Weighted Average Number of Common
shares - Basic and Diluted                                                                    3,664,390           3,541,140
                                                                                             ==========          ==========


The accompanying notes are an integral part of these consolidated financial statements.
</TABLE>

                                       3
<PAGE>
                 KINGS ROAD ENTERTAINMENT, INC. AND SUBSIDIARIES
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (UNAUDITED)

<TABLE>
<CAPTION>


                                                                                             FOR THE THREE MONTHS
                                                                                                ENDED JULY 31,
                                                                                    2001                  2000
                                                                             ------------------- -------------------
                                                                                   (Restated)
<S>                                                                          <C>                 <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
     Net (Loss) Income                                                              $ (204,526)         $  278,817
     Adjustments to reconcile Net (Loss) Income to Net Cash
     Provided by (Used in) Operating Activities:
          Depreciation and Amortization                                                     358            227,020
          Impairment of Goodwill                                                         67,965                  -
     Changes in Assets and Liabilities:
          (Increase) Decrease in Accounts Receivable                                   (27,217)              1,210
          Decrease in Inventory                                                          11,362                  -
          (Increase) in Note Receivable                                                       -           (31,500)
          Decrease in Prepaid Expenses                                                   55,444              2,250
          Increase in Accounts Payable                                                 (53,444)             27,902
          Increase in Accrued Expenses                                                  111,502                  -
          Increase in Deferred Revenue                                                   14,941              8,030
                                                                             ------------------- -------------------
     NET CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES
                                                                                       (23,615)            513,729

CASH FLOWS FROM INVESTING ACTIVITIES:
     Purchases of Marketable Securities                                                       -          (300,440)
     Gross Additions to Film Development Costs                                         (17,376)          (139,143)
     Purchase of Other Investments                                                            -            (4,500)
     Disposal of Fixed Assets                                                                 -              3,638
                                                                             ------------------- -------------------
     NET CASH USED IN INVESTING ACTIVITIES                                             (17,376)          (440,445)

CASH FLOWS FROM FINANCING ACTIVITIES:

     NET CASH PROVIDED BY FINANCING ACTIVITIES                                                -                  -
                                                                             ------------------- -------------------
NET (DECREASE) INCREASE IN CASH                                                        (40,991)             73,284

CASH AT BEGINNING OF PERIOD                                                              54,620             85,159
                                                                             ------------------- -------------------
CASH AT END OF PERIOD                                                                $   13,629         $  158,443
                                                                                    ===========        ===========


The accompanying notes are an integral part of these consolidated financial statements.
</TABLE>

                                       4
<PAGE>
                 KINGS ROAD ENTERTAINMENT, INC. AND SUBSIDIARIES
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


NOTE A - BASIS OF PRESENTATION

The accompanying unaudited consolidated financial statements have been prepared
in accordance with generally accepted accounting principles for interim
financial statements. Accordingly, they do not include all of the information
and disclosures required for annual financial statements. These financial
statements should be read in conjunction with the financial statements and
related footnotes for the year ended April 30, 2001 included in the Kings Road
Entertainment, Inc. ("Company" or "Registrant") annual report on Form 10-KSB for
that period.

In the opinion of the Company's management, all adjustments (consisting of
normal recurring accruals) necessary to present fairly the Company's financial
position at July 31, 2001 and the results of operations and cash flows for the
three month periods ended July 31, 2001 and 2000, respectively, have been
included.

The results of operations for the three month period ended July 31, 2001 are not
necessarily indicative of the results to be expected for the full fiscal year
ended April 30, 2002. For further information, refer to the financial statements
and footnotes thereto included in the Company's annual report on Form 10-KSB for
the year ended April 30, 2001.

The preparation of financial statements in conformity with 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 periods.
Actual results could differ from those estimates. Certain amounts for the three
month period ended July 31, 2000 have been reclassified to conform to the
presentation of the July 31, 2001 amounts. The reclassifications have no effect
on reported net income (loss).

NOTE B - FILM DEVELOPMENT COSTS

Film development costs consist of film script projects actively in development
at July 31, 2001. No interest or overhead was capitalized to film development
costs during the three month periods ended July 31, 2001 and 2000, as no new
motion pictures were produced during those periods.

NOTE C - NOTES PAYABLE

On August 31, 2000, the Company issued a note to the seller of the common stock
of Animal Town, Inc. in the principal amount of $39,000, bearing interest at 7%
per annum with an initial maturity date of November 30, 2000. The Company repaid
$20,000 of principal during the year ended April 30, 2001, leaving an
outstanding principal balance of $19,000 at April 30, 2001. The parties, by
agreement, have extended the maturity date of the outstanding balance of the
note to November 30, 2001.

                                       5
<PAGE>
                 KINGS ROAD ENTERTAINMENT, INC. AND SUBSIDIARIES
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


NOTE D - INCOME TAXES

A reconciliation of the provision for income taxes to the expected income tax
expense at the statutory federal tax rate of 34% is as follows:

<TABLE>
<CAPTION>

                                                                    Three Months                Three Months
                                                                        Ended                     Ended
                                                                    July 31, 2001              July 31, 2000
                                                                    -------------              -------------
        <S>                                                         <C>                        <C>
        Computed Expected Tax (Benefit) at                          $ (77,296)                 $  95,342
           Statutory Rate                                                   -                      1,600
         State and Local Taxes
         Valuation Allowance                                           77,296                    (95,342)
                                                                    ------------               -------------
                                                                    $     -                    $  1,600
                                                                    ============               =============

</TABLE>

For federal income tax purposes, the Company has available investment tax
credits of approximately $2,166,000 after being reduced by 35% as a result of
the Tax Reform Act of 1986 (expiring through 2002) and net operating loss
carryforwards of approximately $19,496,000 (expiring between 2001 and 2016) to
offset future income tax liabilities.

Deferred tax assets result from temporary differences between financial and tax
accounting in the recognition of revenue and expenses. Temporary differences and
carryforwards which give rise to deferred tax assets are as follows:

<TABLE>
<CAPTION>

                                                                                        At
                                                                                  July 31, 2001
                                                                                ---------------
                <S>                                                              <C>
                Valuation Allowances                                                 $ 2,436,000
                Net Operating Loss Carryforwards                                       6,210,000
                Investment Tax Credit Carryforwards                                    2,166,000
                Foreign Tax Credit Carryforwards                                         400,000
                                                                                ----------------
                                                                                      11,212,000
                Valuation Allowance                                                  (11,212,000)
                                                                                -----------------
                                                                                $              -
                                                                                ================
</TABLE>

A valuation allowance of $11,212,000 has been recorded to offset the net
deferred tax assets due to the uncertainty of realizing the benefits of the tax
assets in the future. In addition, as a result of a change in control of the
Company that occurred in November 1998, Internal Revenue Code section 382
significantly limits the Company's ability to utilize its net operating loss
carryforwards. As a result of this limitation, the Company expects that its
investment tax credit and foreign tax credit carryforwards, as well as a
significant amount of its net operating loss carryforwards, will expire prior to
utilization by the Company.

                                       6
<PAGE>
                 KINGS ROAD ENTERTAINMENT, INC. AND SUBSIDIARIES
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


NOTE E - DISCONTINUED OPERATIONS

In August 2001, the Company elected to cease all operations pertaining to its
Animal Town subsidiary. Subsequent to its purchase by the Company, Animal Town's
operations proved to be unprofitable and the Company was unable to determine a
reasonable scenario under which Animal Town could become a profitable entity.
Therefore, as of October 31, 2000, Animal Town's operations have been classified
as discontinued and have been segregated from the Company's viable operations.
At the date of discontinuance, Animal Town had assets totaling $12,770 and
liabilities of $57,329.

The following is a summary of the loss from discontinued operations resulting
from the elimination of the operations of Animal Town. The financial statements
have been retroactively stated to reflect this event. No tax benefit has been
attributed to the discontinued operations.

No amounts have been reflected during the three months ended July 31, 2000 since
Animal Town was not acquired until August 2000.

<TABLE>
<CAPTION>

                                                                       THREE MONTHS
                                                                      ENDED JULY 31,
                                                                   2001           2000
                                                                -----------        ----------
<S>                                                            <C>                 <C>
REVENUES
   Catalog Sales                                                  $ 36,943         $     -
   Theatrical Admissions                                                 -               -
                                                                -----------        ----------
                                                                    36,943               -

COSTS AND EXPENSES
  Costs Related to Revenue                                          29,852               -
  General & Administrative Expenses                                 55,122               -
                                                                -----------        ----------
                                                                    84,972               -
                                                                -----------        ----------
  NET LOSS FROM DISCONTINUED
  OPERATIONS                                                    $ (48,031)         $     -
                                                                ===========        ==========

</TABLE>

NOTE F - LITIGATION AND CONSEQUENCES

In the ordinary course of business, the Company has or may become involved in
disputes or litigation. On the basis of information available to it, management
believes such contingencies will not have a materially adverse effect on the
Company's financial position or results of operations.

                                       7
<PAGE>
                 KINGS ROAD ENTERTAINMENT, INC. AND SUBSIDIARIES
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


NOTE G - CORRECTION OF ERROR

Subsequent to the original issuance of the July 31, 2001 consolidated financial
statements, the Company determined that revenue was not properly recognized
along with associated costs primarily related to residual obligations. The
Company also incorrectly accounted for the consolidation of a subsidiary.
Correction of these errors had the following effect on the previously reported
Assets, Liabilities and Net Loss as of and for the three months ended July 31,
2001 and has an equal understatement of the retained deficit as of July 31,
2001.

<TABLE>
<CAPTION>

                                                         Originally                  As
                                                          Reported              Restated          Difference
                                                      ------------------    ------------------  -----------------
               <S>                                    <C>                   <C>                  <C>
               Cash                                   $        13,486       $     13,629         $       143  (2)
               Accounts receivable                             67,346            247,493             180,147  (1)
               Prepaid expenses                                 6,698             44,229              37,531  (2)
               Other assets                                         -                148                 148  (2)
               Advance to shareholder                               -             28,000              28,000  (2)
               Goodwill                                        52,090                  -              52,090  (3)
               Accounts payable                               256,631            207,727             (50,229) (1)
                                                                                                       1,325  (2)
               Accrued expenses                                65,502            168,975             102,373  (1)
                                                                                                       1,100  (2)
               Related party payable                                -             47,374              47,374  (2)
               Accumulated deficit                         24,993,446         24,902,510            (100,739) (1)
                                                                                                       9,803  (2)
               Net loss                                      (157,019)          (204,526)            (17,093) (1)
                                                                                                      12,510  (2)
                                                                                                      52,090  (3)
               Loss per share                         $         (0.04)      $      (0.06)        $     (0.02) (4)

</TABLE>

     (1)  Relates to the proper recognition of revenue and related receivables
          along with costs associated with related residual obligations for the
          year ended April 30, 2001 and the three months ended July 31, 2001.

     (2)  Relates to the proper consolidation of the Company's subsidiary, Kings
          Road Productions (Europe) GmbH.

     (3)  Relates to the proper impairment of goodwill for discontinued
          operations.

     (4)  Loss per share increased by $0.02 per share.


                                       8
<PAGE>
Item 2   - Management's Discussion and Analysis of Financial Position and
           Results of Operations

Recent Developments

     Subsequent to the fiscal year ended April 30, 1995, the Company has not
produced any new films and has derived its film revenues almost exclusively from
the exploitation of films produced in prior years. The Company continues to fund
and develop motion picture film scripts, with the intention of either producing
the film, establishing a partnership or joint venture with another film
production company or an outright sale of the developed script.

     On August 31, 2000, the Company completed the acquisition of the common
stock of Animal Town, Inc. ("Animal Town"), a privately-held direct mail order
catalogue company that markets children's toys, games, crafts and books
specializing in cooperative play and development, animal protection and
environmental awareness. The Company acquired all of the outstanding common
stock of Animal Town in exchange for approximately $12,000 in cash, a note
payable in the amount of $39,000 to the seller of the common stock and the
issuance of 77,000 shares of the Company's common stock, the exact number of
shares determined based upon a debt-for-equity exchange offer made to existing
Animal Town creditors that commenced on September 29, 2000 and was concluded on
January 29, 2001. The Company also agreed, on an interim basis in advance of the
closing of the acquisition, to provide a secured credit facility in order for
Animal Town to immediately commence production of a Fall 2000 catalog. The
credit facility to Animal Town was consummated, which allowed for the
production, printing and subsequent distribution of over 600,000 catalogs, and
was collateralized by all of Animal Town's inventory, trademarks and proprietary
customer list. The Company is presently evaluating the Animal Town operation,
which may include a substantial reduction, total cessation or sale of the
operation. The Company expects revenues from merchandise sales to substantially
decline.


Results of Operations

     For the quarters ended July 31, 2001 and 2000, feature film revenues were
approximately $163,000 and $693,000, respectively, a decrease of approximately
$530,000. The substantial decrease in feature film revenues was attributable to
(1) the sale of the Company's rights to "Ticker", a feature film project that
had been developed by the Company, for approximately $243,000, during the
quarter ended July 31, 2000 and for which there were no comparable sales during
the quarter ended July 31, 2001 and (2) decreased domestic and foreign
distribution revenues from feature films in the Company's film library. Revenues
derived from merchandising sales of the Animal Town children's catalog were
approximately $37,000 and $0 for the quarters ended July 31, 2001 and 2000,
respectively, the increase totally attributable to the Company's acquisition of
Animal Town on August 31, 2000 and for which there were no comparable revenues
during the quarter ended July 31, 2000. The Company is presently evaluating the
Animal Town catalog operation, which may include a substantial reduction, total
cessation or sale of the operation. The Company expects revenues from
merchandise sales to substantially decline. Interest income decreased to $38 for
the quarter ended July 31, 2001 compared to approximately $5,800 for the quarter
ended July 31, 2000, reflecting a decrease in cash and marketable securities
held during the quarter ended July 31, 2001.

                                       9
<PAGE>

     Costs related to sales were approximately $-0- and $226,000 for the
quarters ended July 31, 2001 and 2000, respectively. The comparable decrease
resulted primarily from the amortization of costs related to "Ticker". Selling
costs were approximately $6,000 and $36,000 for the quarters ended July 31, 2001
and 2000, respectively. The comparable decrease resulted primarily from a
reduction in commissions payable to the Company's sales agents handling domestic
and foreign distribution of the Company's film library.

     General and administrative costs were approximately $316,000 and $157,000
for the quarters ended July 31, 2001 and 2000, respectively. The comparable
increase resulted primarily from initial operating costs and expenses associated
with the Animal Town catalog, which the Company acquired on August 31, 2000 and
for which there were no comparable costs and expenses during the quarter ended
July 31, 2000. The Company expects to reduce its general and administrative
costs as it evaluates an alternative plan of operation for the Animal Town
catalog. Interest expense was approximately $300 for the quarter ended July 31,
2001 and was attributable to a note payable issued by the Company on August 31,
2000 in connection with the acquisition of Animal Town. During the quarter ended
July 31, 2000, the Company had no interest expense.

     The Company had a net loss of approximately $205,000 for the quarter ended
July 31, 2001 compared to net income of $279,000 for the quarter ended July 31,
2000. The substantial decrease in net income resulted primarily from (i)
significantly decreased revenues during the quarter ended July 31, 2001, as
discussed in detail above, and (ii) an increase in general and administrative
costs attributable to initial operating costs and expenses associated with the
Animal Town catalog. During the quarters ended July 31, 2001 and 2000, the
Company had no significant provisions for income taxes.


 Liquidity and Capital Resources

     The Company's principal source of working capital during the three month
period ended July 31, 2001 was motion picture licensing income and merchandise
product sales from its catalog operation. The Company continues to invest in the
development of motion picture film projects, the production of which requires
substantial capital. In the event that the Company decides to invest in the
production of one or more of its developed film projects, the Company will need
to examine and evaluate the additional capital requirements to undertake such
activities. The Company presently does not have sufficient capital to pursue
such activities. Except for the financing of new film production costs, the
Company believes it has sufficient working capital to maintain its ongoing
operations.

     For the quarter ended July 31, 2001, the Company's net cash flow used in
operating activities was approximately $24,000 compared to net cash flow
provided by operating activities of approximately $514,000 for the quarter ended
July 31, 2000. The resulting decrease was principally attributable to the
substantial decrease in reported net income and principally accounted for the
significant reduction in net cash used in investing activities from
approximately $440,000 during the quarter ended July 31, 2000 to approximately
$17,000 during the quarter ended July 31, 2001. At July 31, 2001 and 2000, the
Company had cash of approximately $14,000 and $158,000, respectively.

                                       10
<PAGE>
Future Commitments

     The Company does not have, nor is it aware of, any other material future
commitments.

Forward-Looking Statements

     The foregoing discussion, as well as the other sections of this Quarterly
Report on Form 10-QSB, contains forward-looking statements that reflect the
Company's current views with respect to future events and financial results.
Forward-looking statements usually include the verbs "anticipates," "believes,"
"estimates," "expects," "intends," "plans," "projects," "understands" and other
verbs suggesting uncertainty. The Company reminds shareholders that
forward-looking statements are merely predictions and therefore inherently
subject to uncertainties and other factors which could cause the actual results
to differ materially from the forward-looking statements. Potential factors that
could affect forward-looking statements include, among other things, the
Company's ability to identify, produce and complete film projects that are
successful in the marketplace, to arrange financing, distribution and promotion
for these projects on favorable terms in various markets and to attract and
retain qualified personnel.

Item 3 - Controls and Procedures

     In order to ensure that the information the Company must disclose in its
filings with the Securities and Exchange Commission is recorded, processed,
summarized and reported on a timely basis, the Company has formalized its
disclosure controls and procedures. The Company's principal executive officer
and principal financial officer have reviewed and evaluated the effectiveness of
the Company's disclosure controls and procedures, as defined in Exchange Act
Rules 13a-14(c) and 15d-14(c), as of a date within 90 days prior to the filing
date of this report (the "Evaluation Date"). Based on such evaluation, such
officers have concluded that, as of the Evaluation Date, the Company's
disclosure controls and procedures were effective in timely alerting them to
material information relating to the Company (and its consolidated subsidiaries)
required to be included in the Company's periodic SEC filings. Since the
Evaluation Date, there have not been any significant changes in the internal
controls of the Company, or in other factors that could significantly affect
these controls subsequent to the Evaluation Date.

PART II - OTHER INFORMATION

Item 1 - Legal Proceedings

     Kelrom Agency, Inc. v. Kings Road Entertainment Inc., et al.
     ------------------------------------------------------------

     On April 30, 2001, Kelrom Agency, Inc. filed suit against the Company and
KRTR, Inc. with the Civil Court of the City of New York. Case no. (or Index)
013294 CVN 2001, seeking payment of $5,968 related to theater advertising for
the play "End of the World Party." This suit was subsequently settled for the
amount of $ 2,500, released and discharged on November 13, 2002. On February 15,
2003, subsequent to the period covered by this report, a Stipulation of
Discontinuance was filed.

     The Company is not aware of pending claims or assessments, other than as
described above, which may have a material adverse impact on the Company's
financial position or results of operations.

                                       11
<PAGE>

Item 6 - Exhibits and Reports on Form 8-K

(a) Exhibits (numbered in accordance with Item 601 of Regulation S-B)

     3.1  Restated Certificate of Incorporation of Registrant. (1)
     3.2  Bylaws of Registrant. (2)
     10.1 1998 Stock Option Plan (1)
     21   Subsidiaries of Registrant (3)
     99.1** Section 302 certification by the Chief Executive Officer
     99.2** Section 302 certification by the Chief Financial Officer
     99.3** Section 906 certification

          ---------------

          (1)  Incorporated by reference to Form 10-KSB for the fiscal year
               ended April 30, 1998.

          (2)  Incorporated by reference to Form 10-K for the fiscal year ended
               April 30, 1988.

          (3)  Incorporated by reference to Form 10-KSB for the fiscal year
               ended April 30, 2001.

          **   Filed Herewith

(b)  Forms 8-K

     None.


                                       12
<PAGE>
                                   SIGNATURES

     Pursuant to the requirements of Section 13 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.

                                                KINGS ROAD ENTERTAINMENT, INC.


Date:  August 14, 2003                          /S/ Geraldine Blecker
                                                -------------------------------
                                                By: Geraldine Blecker
                                                Its:  Chief Executive Officer


Date:  August 13, 2004                          /S/ H. Martin DeFrank
                                                -------------------------------
                                                By: H. Martin DeFrank
                                                Its:  Chief Financial Officer

                                       13