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

                                  FORM 12b-25
                          NOTIFICATION OF LATE FILING
                                                                                                              

(Check one): __Form 10-K     __Form 20-F     __Form 11-K      __Form 10-Q       ___Form N-SAR       _X_Form N-CSR



For Period Ended: ___12/31/04____________________

__Transition Report on Form 10-K

__Transition Report on Form 20-F

__Transition Report on Form 11-K

__Transition Report on Form 10-Q

__Transition Report on Form N-SAR

For the Transition Period Ended: _______________________________________________

Read Instruction (on back page) Before Preparing Form. Please Print or Type.

Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.

If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates:
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PART I -- REGISTRANT INFORMATION

AmeriPrime Advisors Trust
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Full Name of Registrant

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Former Name if Applicable

431 N. Pennsylvania Street
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Address of Principal Executive Office (Street and Number)

Indianapolis, IN  46204-1806
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City, State and Zip Code

PART II -- RULES 12b-25(b) AND (c)

If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate)

__(a) The reason described in reasonable detail in Part III of this form could
not be eliminated without unreasonable effort or expense

_X_(b) The subject annual report, semi-annual report, transition report on Form
10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will
be filed on or before the fifteenth calendar day following the prescribed due
date; or the subject quarterly report or transition report on Form 10-Q, or
portion thereof, will be filed on or before the fifth calendar day following the
prescribed due date; and

__(c) The accountant's statement or other exhibit required by Rule 12b-25(c) has
been attached if applicable.

PART III -- NARRATIVE

State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, N-CSR,
or the transition report or portion thereof, could not be filed within the
prescribed time period.

Due to unforeseen circumstances,there was insufficient time to prepare an
accurate filing.



PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification

___________Lynn E. Wood_______ ______317-917-7000______________________

           (Name) (Area Code) (Telephone Number)

(2) Have all other periodic reports required under Section 13 or 15(d) of the
Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of
1940 during the preceding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed ? If answer is no,
identify report(s). _X_Yes __No
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(3) Is it anticipated that any significant change in results of operations from
the corresponding period for the last fiscal year will be reflected by the
earnings statements to be included in the subject report or portion thereof ?
__Yes _X_No

If so, attach an explanation of the anticipated change, both narratively and
quantitatively, and, if appropriate, state the reasons why a reasonable estimate
of the results cannot be made.

                         AmeriPrime Advisors Trust
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                  (Name of Registrant as Specified in Charter)

has  caused  this  notification  to be signed on its  behalf by the  undersigned
hereunto duly authorized.

Date ____3/11/05______                 By ____/s/ Anthony J. Ghoston____________
                                               Anthony J. Ghoston