The problem is simple. Date/Time fields have baggage. They SUCK as a means of doing time manipulation. As said earlier, there is a Date/Time field but no Time (only) field. But you can still make this fly better if you understand that what you are REALLY storing is a DOUBLE representing units of DAYS (not hours...). You are essentially taking the average of FRACTIONS. If the time is really just minutes and seconds, not very big fractions, either.
You can search this forum for recent postings on date/time formatting issues. I was in a thread just a day or two ago involving not the value of a date/time field, but how to FORMAT the date/time field. Your problem is that the data you want really IS in that field, but Access doesn't know how to format it for you because you want it in a format that Access considers non-standard.
KR, I'll add this TINY ping on you... if you had searched this forum FIRST, you would have found articles on the subject. Many regulars have posted functions in VBA or complex formatting strings to do exactly this type of formatting. You engaged us, and it is OK that you asked for help. But you could have had your help even earlier if you just had searched first.
I also understand deadlines and such, but be aware that you are about to fall into a trap. Depending on forums (fora?) to do your job or schoolwork means you never learn how to really use the search resources available here and at other sites. In my humble opinion, you are asking for trouble down the road if you don't learn to do at least some of this searching for yourself. If it is REALLY urgent and no one happens to be online who has a clue about your problem, what would you do then?
Sort of like the old USA Wild West gunslinger, learn to search first and ask questions later?