FORM 10-Q--QUARTERLY REPORT UNDER SECTION 13 OR 15(D)

OF THE SECURITIES EXCHANGE ACT OF 1934

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

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

For the period ended JUNE 30, 2001

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

For the transition period from ______ to_______________

Commission File Number: 33-3955-A

MOORE'S LANE PROPERTIES, LTD.

(Exact name of Registrant as specified in its charter)

Tennessee	62-1271931
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification)

4400 Harding Road, Suite 500,Nashville, Tennessee	37205
(Address of principal executive office)	(Zip Code)

(615) 292-1040

(Registrant's telephone number, including area code)

Indicate by check mark whether the Registrant (1) has 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 Registrant was required to file such reports), and (2) has been subject to such filing requirements for at least the past 90 days.

YES X NO _

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PART I. FINANCIAL INFORMATION

Item 1. FINANCIAL STATEMENTS

MOORE'S LANE PROPERTIES, LTD. AND SUBSIDIARY

(A Limited Partnership)

FINANCIAL STATEMENTS

For the Three and Six Months Ended June 30, 2001

(Unaudited)

INDEX

Financial Statements:

Consolidated Balance Sheets 3

Consolidated Statements of Operations 4

Consolidated Statements of Cash Flows 5

Notes to Consolidated Financial Statements 6

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MOORE'S LANE PROPERTIES, LTD. AND SUBSIDIARY

(A Limited Partnership)

CONSOLIDATED BALANCE SHEETS

(Unaudited)

	June 30, 2001	December 31, 2000


ASSETS

Cash	$190,904	$210,167
Restricted cash	132,252	278,842
Land and improvements held for investment	363,395	363,395
Total assets	$686,551	$852,404

LIABILITIES AND PARTNERS' EQUITY


Accounts payable	$4,000	$35,145
Property tax payable	19,154	38,407
State taxes payable	1,017	44,600
Minority interest in consolidated joint venture	100	100

Total liabilities	24,271	118,252

PARTNERS' EQUITY

Limited partners (7,500 units outstanding)	456,973	506,565
General partners	3,914	4,137
Special limited partners	201,393	223,450

Total partners' equity	662,280	734,152

Total liabilities and partners' equity	$686,551	$852,404

See accompanying notes to consolidated financial statements.

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MOORE'S LANE PROPERTIES, LTD. AND SUBSIDIARY(A Limited Partnership)CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

	Three months ended June 30,		Six months ended June 30,
	2001	2000	2001	2000

REVENUE:

Miscellaneous				$5,000

Total Revenue				5,000



EXPENSES:

Property taxes	$9,577	$-	$19,154	$-
Management fees	3,901	3,901	7,802	7,802
Legal and accounting fees	17,349	12,406	24,849	17,542
General and administration expense	1,705	2,947	3,877	5,060
State taxes	710	-	1,219	-
Land maintenance	6,410	1,875	14,971	1,875
Total expenses	39,652	21,129	71,872	$ 27,279

Net loss before minority interest	(39,652)	(21,129)	(71,872)	$ (27,279)

Minority Interest	-	-	-	-

Net Loss	$(39,652)	$(21,129)	$(71,872)	$ (27,279)

Net loss per limited partner unit	$(5.29)	$(2.82)	$(9.58)	$(3.64)
Units outstanding	7,500	7,500	7,500	7,500

See accompanying notes to consolidated financial statements

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MOORE'S LANE PROPERTIES, LTD. AND SUBSIDIARY

(A Limited Partnership)

CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

	Six months June 30,
	2001	2000
Cash flows from operating activities:

Net loss	$(71,872)	$ (27,279)
Adjustments to reconcile net loss to net cash provided by operating activities:
Decrease in restricted cash	146,590	196,598
Cost of land improvements	-	(7,350)
Change in other assets	-	1,000
Decrease in accounts payable	(31,145)	(68,730)
Increase in state taxes payable	(43,583)	-
Decrease in property tax payable	(19,253)	-

Net cash provided by operating activities	52,609	121,518

Net(decrease) increase in cash	(19,263)	94.239

Cash at beginning of period	210,167	289,876

Cash at end of period	$190,904	$384,115

See accompanying notes to financial statements.

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MOORE'S LANE PROPERTIES, LTD. AND SUBSIDIARY

(A Limited Partnership)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

For the Three and Six Months Ended June 30, 2001 and 2000

(Unaudited)

A. ACCOUNTING POLICIES

The unaudited financial statements presented herein have been prepared in accordance with the instructions to Form 10-Q and do not include all of the information and note disclosures required by accounting principles generally accepted in the United States of America. These statements should be read in conjunction with the financial statements and notes thereto included in the Partnership's Form 10-K for the year ended December 31, 2000. In the opinion of management, such financial statements include all adjustments, consisting only of normal recurring adjustments, necessary to summarize fairly the Partnership's financial position and results of operations. The results of operations for the six month period ended June 30, 2001 may not be indicative of the results that may be expected for the year ending December 31, 2001.

B. RELATED PARTY TRANSACTIONS

The General partner and its affiliates have been actively involved in managing the Partnership's operations. Compensation earned for these services were as follows:

	Six months ended June 30,
	2001	2000

Management Fees	$7,802	$7,802
Accounting Fees	12,500	12,908

C. COMPREHENSIVE INCOME

During the six-month periods ended June 30, 2001and 2000, the Partnership had no components of other comprehensive income. Accordingly, comprehensive loss for each of the periods was the same as net loss.

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Item 2: MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

RESULTS OF OPERATIONS FOR THE QUARTER ENDED JUNE 30, 2001.

There were no sales during the first quarter of 2001. The Registrant has 7 acres left for sale. Expenses of the Registrant are comparable with prior quarters except for the following. Land maintenance in 2001 is higher than prior quarters due to road repairs. The reduction in restricted cash is due to the completion of certain development work. The increase in property taxes is due to quarterly accruals.

FINANCIAL CONDITION

LIQUIDITY

As of June 30, 2001, the Registrant had an operating cash balance of $190,904 that the General partner believes will sufficiently cover operating expenses for the next year, and an escrow cash balance of $132,252 to be used on development.

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PART II. OTHER INFORMATION

Item 6. EXHIBITS AND REPORTS ON FORM 8-K

(a) Exhibits

(b) No 8-K's have been filed during this quarter.

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SIGNATURES

Pursuant to the requirements 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.

MOORE'S LANE PROPERTIES, LTD.

By:222 PARTNERS, INC.

General Partner

Date: August 14, 2001 By:/s/ Steven D. Ezell

President

Date: August 14, 2001 By:/s/ Michael A. Hartley

Secretary/Treasurer

MOORES LANE PROPERTIES LTD 10-Q