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2025-03-31-accounts

DORSETSCRAPSTORE

Charity No. 1081569

Company No. 03870643

Trustees' Report and Unaudited Accounts

31 March 2025

DORSETSCRAPSTORE Contents

Pages
Trustees' Annual Report 2 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Statement of Cash flows 9
Notes to the Accounts 10 to 16

Page 1

DORSETSCRAPSTORE Trustees Annual Report

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 March 2025.

REFERENCEAND ADMINISTRATIVEDETAILS

Company No. 03870643

Charity No. 1081569

Registered Office

Unit 23, Cortry Close Off Sharp Road Poole Dorset BH12 4BQ

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

P.P. Comber C. Corr C.E. Eyre J.R. Marsh Trustees holding title to charity property John Marsh Carolyn Corr Claire Eyre Philip PComber

Key Management Personnel

Chair Carolyn Corr Accountants Bicknell Business Advisers Ltd 40 Broadway Lane Bournemouth BH8 0AA Bankers The Co-operative Bank

Page 2

DORSETSCRAPSTORE Trustees Annual Report

OBJECTIVESAND ACTIVITIES

The charity seeks to distribute donated materials to provide or assist in the provision of facilities for recreation, education and other leisure time activities for children and adults in Dorset including Bournemouth and Poole so that their education and social welfare is advanced. The charity further seeks to advance education particularly in connection with the reuse of scrap and waste materials so as to protect the environment.

ACHIEVEMENTSAND PERFORMANCE

FINANCIALREVIEW

A Key Performance Indicator for Dorset Scrapstore is the size of our membership base. Members are the beneficiaries of our charity; getting access to cheap recycled material for arts, crafting and creative projects that would otherwise have gone to landfill, and access to education and skills workshops and events.

Membership

The membership of Dorset Scrapstore has remained stable at around 1500. However, the number of people benefitting from Dorset Scrapstore is much greater. We estimate that 4,000 people benefit from our service each year.

Some extracts from Google reviews:

Utterly incredible and a gorgeous resource we are so lucky to have

They have a lot of things there, some things are to go in baskets and others you must pay little amounts in comparison to retail prices. However, you can only buy goods from them if you pay a yearly subscription fee of £5, which I didn’t mind because the items I was going to buy would have cost me 5 times more from the retail shop.

The people working there are friendly and chatty and you can spend a good two hours looking around. Definitely a place to go and visit if you want to buy arts and crafts, bulk buy on carpets, wrapping paper and cellophane, boxes and electrical cable.

See you soon ladies and thank you for your assistance.

The go to place if you are a crafter or have kids that like to make stuff, wonderful to see things going to good use rather than be dumped in landfill. Prices are fantastic and staff so helpful, grateful to the person who told me about this place - check the opening hours before heading off but well worth a visit.

Oh wow, what a fantastic idea! A brilliant concept. Loads of stuff for every project. Unbelievable prices and membership. Fab.

Page 3

DORSETSCRAPSTORE Trustees Annual Report

Volunteers

Dorset Scrapstore has a firm base of long standing volunteers. We pride ourselves in having volunteers from a very diverse section of society with varied backgrounds, skills and experience.

For many years we have offered work experience placements to students with Special Educational Needs and Disabilities from Poole and Bournemouth College. They visit once per week for two hours throughout term time with a tutor. Throughout the year, we have provided over 100 work experience hours. The students enjoy coming to the store, we love having them here and they do some excellent work for us helping to sort things.

We have a reliable team of four volunteers who provide fortnightly workshops for home educated children.

At the start of the year we were half way through a trial year of having a volunteer co-ordinator, funded by a National Lottery Awards for All Grant. The funding ended in August 2024 and we have not continued the role, the volunteers have continued to be co-ordinated by staff in the store.

Throughout the year we have continually had 11-12 individual volunteers in the store each month, contributing over 2000 shop volunteer hours throughout the year.

Workshops

Our volunteer run workshops for home educated children go from strength to strength. We run fortnightly sessions with two groups each with 12 children. The sessions are always fully booked and we have a waiting list.

Giving children and young people the opportunity to gain Arts Awards qualifications has been very popular within the home educated community. It gives them the opportunity to work towards a nationally recognised qualification.

Feedback received from the home education sessions:

It’s a brilliant course that my children have thoroughly enjoyed and learnt a great deal.

Materials are all ideal, covers not only the art elements of the course but teaches thinking differently about everyday items, and with a little imagination the ability to re-use and recycle in such an amazing way.

Content is only limited by the time available! Never a dull moment and so much is covered. If I had to offer a suggestion for improvement to content then perhaps more classes so more children, and adults, could attend.

Arts Awards Qualifications

In August 2022, Dorset Scrapstore became an Arts Award Centre. At that time we had one volunteer who set up the centre and could help children with the two basic levels of the award Discover and Explore. By the end of this financial year, we had two assessors at the basic level, one of which could also deliver and assess the Bronze and Silver level, 16 children had completed the Discover, 9 had completed Explore and 8 were working towards the Bronze level.

In future we would like to expand our provision of the Arts Awards to include children not attending our workshops either home educated or in school. However, this requires grant funding as we currently rely solely on volunteers to provide these services.

Dorset Scrapstore Van

Thanks to the Valentine Trust for donating £5000 and our community for raising over £500 we were able to buy a newer and more reliable van in March 2025.

Page 4

DORSETSCRAPSTORE Trustees Annual Report

PLANSFORFUTUREPERIODS

Looking towards the 2025-26 financial year, we have a few things planned. We know that attending external events helps increase the profile and bring people into Dorset Scrapstore. We are planning to apply for a grant for an event coordinator as this would take the pressure off our relatively small team of volunteers who organise and attend our external events. As mentioned above, we will be looking to secure funding to extend the provision of our children’s workshops and Arts Awards.

STRUCTURE, GOVERNANCEAND MANAGEMENT

The charity is controlled by its governing document, a deed of trust and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP(FRS102).

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP(FRS102).

Signed on behalf of the board

C. Corr Trustee 31 March 2025

Page 5

DORSETSCRAPSTORE Independent Examiners Report

Independent Examiner's Report to the trustees of DORSETSCRAPSTORE

I report to the charity trustees on my examination of the financial statements of DORSET SCRAPSTOREfor the year ended 31 March 2025.

Responsibilities and basis of report

As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.

Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Abi Aiyegbayo ACMA CGMA The Chartered Institute of Management Accountants (CIMA) Bicknell Business Advisers Ltd

40 Broadway Lane Bournemouth

BH8 0AA 31 March 2025

Page 6

DORSETSCRAPSTORE Statement of Financial Activities

for the year ended 31 March 2025

Unrestricted
funds Total funds Total funds
2025 2025 2024
Notes £ £ £
Income and endowments
from:
Donations and legacies 4 888 888 148
Charitable activities 5 77,092 77,092 76,037
Other trading activities - - -
Investments - - -
Other - - -
Total 77,980 77,980 76,185
Expenditure on:
Raising funds - - -
Charitable activities - - -
Other 6 64,921 64,921 70,968
Total 64,921 64,921 70,968
Net gains on investments - - -
Net income 13,059 13,059 5,217
Transfers between funds - - -
Net income before other
gains/ (losses) 13,059 13,059 5,217
Other gains and losses
Gains on revaluation of
- - -
fixed assets
Actuarial Gains on defined
- - -
benefit pension schemes
Other Gains - - -
Net movement in funds 13,059 13,059 5,217
Reconciliation of funds:
Total funds brought forward 19,438 19,438 14,221
Total funds carried forward 32,497 32,497 19,438

Page 7

DORSETSCRAPSTORE Balance Sheet

at 31 March 2025

Company No. 03870643 Notes 2025 2024
£ £
Fixed assets
Tangible assets 8 5,500 -
5,500 -
Current assets
Debtors 9 1,103 853
Cash at bank and in hand 26,343 24,663
27,446 25,516
Creditors:Amount falling due within one year 10 (449) (6,078)
Net current assets 26,997 19,438
Total assets less current Total assets less current liabilities 32,497 19,438
Net assets excluding pension asset or liability 32,497 19,438
Total net assets 32,497 19,438
The funds of the charity The funds of the charity
Restricted funds 11
Unrestricted funds 11
General funds 32,497 19,438
32,497 19,438
Reserves 11
Total funds 32,497 19,438

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the board on 31 March 2025

And signed on its behalf by:

C. Corr

Trustee

31 March 2025

Page 8

DORSETSCRAPSTORE Statement of Cash flows for the year ended 31 March 2025

2025 2024
£ £
Cash flows from operating activities
Net income per Statement of Financial Activities 13,059 5,217
Adjustments for:
Increase in trade and other receivables (250) (47)
(Decrease)/Increase in trade and other payables (5,629) 5,233
Net cash provided by operating activities 7,180 10,403
Cash flows from investing activities
Payments for property, plant and equipment (5,500) -
Net cash used in investing activities (5,500) -
Net cash from financing activities - -
Net increase in cash and cash equivalents 1,680 10,403
Cash and cash equivalents at the beginning of the year 24,663 14,260
Cash and cash equivalents at the end of the year 26,343 24,663
Components of cash and cash equivalents
Cash and bank balances 26,343 24,663
26,343 24,663

Page 9

DORSETSCRAPSTORE Notes to the Accounts

for the year ended 31 March 2025

Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UKand Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP(FRS102)), the Financial Reporting Standard applicable in the UKand Republic of Ireland (FRS102) and the Companies Act 2006.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Income

Page 10

DORSETSCRAPSTORE Notes to the Accounts

Expenditure

Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT expenditure which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities charitable activities and services in the furtherance of its objects, including the making of grants and governance costs. Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Page 11

DORSETSCRAPSTORE Notes to the Accounts

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period.

Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

The company is a private company limited by guarantee and consequently does not have share capital.

Page 12

DORSETSCRAPSTORE

Notes to the Accounts

3 Statement of Financial Activities - prior year

3 Statement of Financial Activities - prior year
Unrestricted
funds Total funds
2024 2024
£ £
Income and endowments from:
Donations and legacies 148 148
Charitable activities 76,037 76,037
Total 76,185 76,185
Expenditure on:
Other 70,968 70,968
Total 70,968 70,968
**Net ** income 5,217 5,217
**Net ** income before other
gains/ (losses) 5,217 5,217
Other gains and losses:
**Net ** movement in funds 5,217 5,217
Reconciliation of funds:
Total funds brought forward 14,221 14,221
Total funds carried forward 19,438 19,438
4 Income from donations and legacies
Unrestricted Total Total
2025 2024
£ £ £
Donations 888 888 148
888 888 148

The charity relies on donation of scrap materials to generate its income described as Scrap Sales

Donated goods, facilities and services received

Donations received Total
2025
£
-
-
Total
2024
£
147
147

Page 13

DORSETSCRAPSTORE

Notes to the Accounts

5 Income from charitable activities
Unrestricted Total Total
2025 2024
£ £ £
Membership 9,326 9,326 8,460
Scrap Sales 54,315 54,315 48,988
Workshops 3,127 3,127 2,003
Grants and Other income 10,324 10,324 16,586
77,092 77,092 76,037
6 Other expenditure
Unrestricted Total Total
2025 2024
£ £ £
Employee costs 44,259 44,259 52,540
Motor and travel costs 2,162 2,162 2,629
Premises costs 13,737 13,737 11,091
General administrative costs 2,953 2,953 3,178
Legal and professional costs 1,810 1,810 1,530
64,921 64,921 70,968
7 Staff costs
2025 2024
Salaries and wages 43,922 51,495
Pension costs 69 358
43,991 51,853
No employee received emoluments in excess of £60,000.
The average monthly number of full time equivalent employees during the year was as follows:
2025 2024
Number Number
Staff 2 2
2 2
The charity has signed up to a NEST pension scheme.
8 Tangible fixed assets
£ £
Cost or revaluation
Additions 5,500 5,500
At 31 March 2025 5,500 5,500
Net book values
At 31 March 2025 5,500 5,500

Page 14

DORSETSCRAPSTORE Notes to the Accounts

9 Debtors
2025 2024
£ £
Trade debtors 15 138
Prepayments and accrued income 1,088 715
1,103 853
10 Creditors:
amounts falling due within one year
2025 2024
£ £
Other taxes and social security (480) (34)
Other creditors 19 66
Accruals 910 808
Deferred income - 5,238
449 6,078
11 Movement in funds
Incoming
At 1 April resources
(including
other
gains/ losses
Resources
expended
At 31
March
2025
2024 )
£ £ £
Restricted funds:
Unrestricted funds:
General funds 19,438 77,980 (64,921) 32,497
Total funds 19,438 77,980 (64,921) 32,497
12 Analysis of net assets between funds
Unrestricted
funds
Total
£ £
Fixed assets 5,500 5,500
Net current assets 26,997 26,997
32,497 32,497
13 **Reconciliation of net ** debt
At 31
At 1 April March
2024 Cash flows 2025
£ £ £
Cash and cash equivalents 24,663 1,680 26,343
24,663 1,680 26,343
Net debt 24,663 1,680 26,343

Page 15

DORSETSCRAPSTORE Notes to the Accounts

14 Commitments

Operating lease commitments

Annual commitments under non-cancellable operating leases are as follows:

2025
Land and
buildings
£
Operating leases with expiry date:
Pension commitments
The pension cost charge to the company
amounted to:
2025
2024
Other
Land and
buildings
£
£
2025
£
69
2024
Other
£
2024
£
358

15 Related party disclosures

Controlling party

The company is limited by guarantee and has no share capital; thus no single party controls the company.

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