REGISTERED CHARITY NUMBER: 1083426
CATHERINE BECKETT COMMUNITY CENTRE (A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
CATHERINE BECKETT COMMUNITY CENTRE
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
| Page | ||
|---|---|---|
| Reference and Administrative Details | 1 | |
| Report of the Trustees | 2 | to 4 |
| Independent Examiner's Report | 5 | |
| Statement of Financial Activities | 6 | |
| Statement of Financial Position | 7 | to 8 |
| Notes to the Financial Statements | 9 | to 14 |
CATHERINE BECKETT COMMUNITY CENTRE
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2024
| Trustees | Mr Ibrahim Member (resigned 23.8.23) |
|---|---|
| Mrs Patricia Maudsley (resigned 23.8.23) | |
| Mr David Staples | |
| Mr Mark William Andrew Roberts | |
| Mr Bilal Bham (appointed 5.12.23) | |
| Mr Mohammed Sohail Patel (appointed 5.12.23) | |
| Ms Susan Thackeray (appointed 5.12.23) | |
| Matthew Kenny (appointed 5.12.23) | |
| Mr Sabbir Ahmed Selant (appointed 5.12.23) | |
| Mr Ahmed James (appointed 5.12.23) | |
| Company secretary | Ms Susan Thackeray |
| Registered office | Catherine Beckett Community Centre |
| Deepdale Enclosure, Deepdale Road | |
| Preston | |
| Lancashire | |
| PR1 5AR | |
| Registered company number | 04089206 (England and Wales) |
| Registered charity number | 1083426 |
| Independent examiner | Xeinadin |
| Ground Floor | |
| Citygate | |
| Longridge Road | |
| Preston | |
| PR2 5BQ |
Page 1
CATHERINE BECKETT COMMUNITY CENTRE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of 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 UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Objectives and activities
The objectives of the charity as stated in the governing document are as follows:
To promote the benefit of the inhabitants of the area of benefit without distinction of sex, sexual orientation, race or political, religious or other opinions by associating together the said inhabitants and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure time occupation with the object of improving the conditions of life for the said inhabitants; and
To establish or secure the establishment of a community centre and to maintain and manage the same.
The principal activity of the company is that of supporting and promoting the needs of the local community.
When planning activities for the year, the trustees have considered the Commission's guidance on public benefit.
Achievement and performance
Achievements, Challenges and Opportunities:
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Executive Committee up to full strength with improved work share distribution.
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Discussions to renew / extend the lease beyond 2026 with Preston City Council continued.
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Business Plan draft reviewed and updated; published outside this Trustee Report timeframe.
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Process of reviewing and updating Policies and Procedures continued, gaps identified and additional documents created as appropriate.
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Professional consultants engaged to assist in building a solid foundation for future growth / development:
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Improvements to management structure.
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Business Plan review.
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Funding opportunities and bids.
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Successful initiatives implemented to reduce running costs and improve a weakened financial position following the loss of grant support; the results of these measures should show in the 2024 / 2025 accounts.
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Preparation work started on roof replacement and kitchen upgrade funding bids.
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Preparation work for other funding bids for smaller projects started
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Internal building structural survey completed.
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Online booking system implemented.
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Replacement website activated with integrated on-line Centre booking system.
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Social media presence updated and improved.
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Name changed from Greater Deepdale Community Association to Catherine Beckett Community Centre completed; process to register new name with both the Charity Commission and Companies House started.
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CATHERINE BECKETT COMMUNITY CENTRE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
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Competition, in partnership with local schools, held to replace the Centre's logo.
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Christmas themed community event held by the Centre to publicise the Centre and re-engage with the local community following the difficulties caused by COVID.
Ongoing Projects:
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Online Booking system improvements to be assessed and implemented accordingly during 2024/ 2025.
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Online presence regularly assessed and improved.
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The Centre remains a 'Living Wage' employer.
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Research into relocating the Centre's toilets and building renovation to include a new Community Café / shared space to be undertaken and funding bids compiled.
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Relocated office space to be explored, possibly in partnership with other interested groups.
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Community garden creation to be explored, possibly in partnership with other interested groups.
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New office space placing the toilet area and replacement Portakabin or other suitabcele structure continues.
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Working in partnership with user groups and external organisations to improve the Centre's facilities and to improve its profile.
In Addition:
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Preston Childsplay continues to provide child nursery provision.
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Preston and Fulwood Boxing Club continue to operate in the Centre.
Of Note:
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Increased competition for the private hire functions; the 'small' size of the Main Hall may either:
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prove to be a disadvantage in the future, or
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prove to be an advantage for those looking for a more 'intimate' venue.
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Funding opportunities to further develop the Centre may arise in the future. A new feasibility study may be required to ensure the local community's needs are met.
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A volunteer database needs to be established. Volunteers could provide new ideas and direction in how the Centre is managed and developed.
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An ongoing succession plan needs to be developed to secure the long term future of the Centre.
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Significant progress has been made in funding applications and Centre improvement plans that fall outside the scope of the reporting period of this Trustee Report.
Financial review
It is the policy of the charity to maintain unrestricted funds at a level which equate to approximately 12 months unrestricted expenditure. This provides sufficient funds to cover management, administration and support costs.
Page 3
CATHERINE BECKETT COMMUNITY CENTRE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
Structure, governance and management Governing document
The company was incorporated on 12 October 2000 as Greater Deepdale Community Association, a company limited by guarantee (Company number 4089206) and registered as a charity on 15 November 2000 (Charity number 1083426).
The company is governed by the policies made from time to time by trustees together with the terms of its Memorandum and Articles of Association which sets out the objects and powers of the company.
There are informal procedures in place for induction and training of new trustees. Trustees are also encouraged to attend external briefings and training courses.
Governance and internal control
The trustees actively review the major risk which the charity faces on a regular basis and believe that maintaining reserves at current levels, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks faced by the charity and confirm that they have established systems to mitigate the significant risks.
Change of name
The charitable company passed a special resolution on 12 February 2024 changing its name from GREATER DEEPDALE COMMUNITY ASSOCIATION to Catherine Beckett Community Centre.
Approved by order of the board of trustees on 24 December 2024 and signed on its behalf by:
Ms Susan Thackeray - Secretary
Page 4
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CATHERINE BECKETT COMMUNITY CENTRE
Independent examiner's report to the trustees of Catherine Beckett Community Centre ('the
Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.
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 accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company 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 accounts 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 confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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 accounts to be reached.
Farook Patel
Xeinadin Ground Floor Citygate Longridge Road Preston PR2 5BQ
24 December 2024
Page 5
CATHERINE BECKETT COMMUNITY CENTRE
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
| 2024 Unrestricted funds Notes £ Income and endowments from Donations and legacies 4 350 Income: charitable activities 5 31,339 Other income 223 Total 31,912 Expenditure on Charitable activities 6 Support costs 44,207 Other 1,295 Total 45,502 NET INCOME/(EXPENDITURE) (13,590) Reconciliation of funds Total funds brought forward 38,332 Total funds carried forward 24,742 |
2023 Total funds £ 350 34,622 49 35,021 50,486 1,517 52,003 (16,982) 55,314 38,332 |
|---|---|
Continuing operations
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
Page 6
CATHERINE BECKETT COMMUNITY CENTRE
STATEMENT OF FINANCIAL POSITION 31 MARCH 2024
| 2024 Unrestricted funds Notes £ Fixed assets Tangible assets 11 7,752 Current assets Debtors 12 4,581 Prepayments and accrued income 849 Cash at bank and in hand 12,531 17,961 Creditors Amounts falling due within one year 13 (971) Net current assets 16,990 Total assets less current liabilities 24,742 NET ASSETS 24,742 Funds 14 Unrestricted funds: General fund 24,742 Total funds 24,742 |
2023 Total funds £ 8,598 4,581 2,188 25,134 31,903 (2,169) 29,734 38,332 38,332 38,332 38,332 |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
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CATHERINE BECKETT COMMUNITY CENTRE
STATEMENT OF FINANCIAL POSITION - continued 31 MARCH 2024
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 24 December 2024 and were signed on its behalf by:
Mr Mark William Andrew Roberts - Trustee
The notes form part of these financial statements
Page 8
CATHERINE BECKETT COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
1. General information
Catherine Beckett Community Centre (Previously known as Greater Deepdale Community Association) is a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Catherine Beckett Community Centre, Deepdale enclosure, Deepdale road, Preston, Lancashire, PR1 5AR.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.
2. Accounting policies
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Going concern
Trustees consider that the charitable company has sufficient resources and there are no material uncertainties about the charity's ability to continue. Accordingly, trustees continue to adopt the going concern basis in preparing the financial statements.
Incoming resources
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.
Gifts donated for resale are included as incoming resources within activities for generating funds when
they are sold.
Grants, including grants for the purchase of fixed assets, are recognised in full in the statement of financial activities in the year in which they are receivable.
Resources expended
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
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CATHERINE BECKETT COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
2. Accounting policies - continued
Resources expended
Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 25% per annum straight line basis Fixtures and fittings - 15% on reducing balance
Taxation
The charity is exempt from corporation tax on its charitable activities.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Financial instruments
The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at amortised cost. Financial assets held at amortised cost comprise cash and bank in hand, trade debtors and other debtors. A specific provision is made for debts for which recoverability is in doubt. Financial liabilities held at amortised cost comprise all creditors except social security and other taxes.
3. Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
4. Donations and legacies
5.
| Grants Income: charitable activities Rental income |
2024 £ 350 2024 £ 31,339 |
2023 £ 350 |
||
|---|---|---|---|---|
| 2023 £ 34,622 |
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CATHERINE BECKETT COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
6. Charitable activities costs
| Support costs 7. Direct costs of charitable activities Staff costs Rent, rates & water Insurance Light and heat Telephone Postage and stationery Advertising Sundries Cleaning Repairs and maintenance Accountancy fees Bank charges 8. Net income/(expenditure) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets |
Direct Costs (see note 7) £ 44,207 2024 2023 £ £ 20,800 25,984 2,271 (9,413) 2,860 3,048 9,831 20,189 1,581 1,432 231 100 - 20 2,025 524 1,505 1,380 1,649 5,940 1,296 1,104 158 178 44,207 50,486 2024 2023 £ £ 1,295 1,517 |
|
|---|---|---|
9. Trustees' remuneration and benefits
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
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CATHERINE BECKETT COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
10. Staff costs
The average monthly number of employees during the year was as follows:
| Administrator No employees received emoluments in excess of £60,000. 11. Tangible fixed assets Improvements to property £ Cost At 1 April 2023 9,014 Additions - At 31 March 2024 9,014 Depreciation At 1 April 2023 9,014 Charge for year - At 31 March 2024 9,014 Net book value At 31 March 2024 - At 31 March 2023 - 12. Debtors: amounts falling due within one year Trade debtors Other debtors |
2024 1 Fixtures and fittings £ 91,769 449 92,218 83,171 1,295 84,466 7,752 8,598 2024 £ 3,297 1,284 4,581 |
2023 1 Totals £ 100,783 449 |
2023 1 Totals £ 100,783 449 |
|
|---|---|---|---|---|
| 101,232 | ||||
| 92,185 1,295 |
||||
| 93,480 | ||||
| 7,752 | ||||
| 8,598 | ||||
| 2023 £ 3,297 1,284 |
||||
| 4,581 |
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CATHERINE BECKETT COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
| 13. Creditors: amounts falling due within one year Social security and other taxes Accrued expenses 14. Movement in funds Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund TOTAL FUNDS |
2024 2023 £ £ 198 1,396 773 773 971 2,169 Net movement At At 1.4.23 in funds 31.3.24 £ £ £ 38,332 (13,590) 24,742 38,332 (13,590) 24,742 Incoming Resources Movement resources expended in funds £ £ £ 31,912 (45,502) (13,590) 31,912 (45,502) (13,590) Net movement At At 1.4.22 in funds 31.3.23 £ £ £ 55,314 (16,982) 38,332 55,314 (16,982) 38,332 |
|---|---|
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CATHERINE BECKETT COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
14. Movement in funds - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming Resources Movement resources expended in funds £ £ £ 35,021 (52,003) (16,982) 35,021 (52,003) (16,982) |
|---|---|
15. Related party disclosures
There were no related party transactions for the year ended 31 March 2024.
16. Company limited by guarantee
Catherine Beckett Community Centre is a company limited by guarantee and accordingly does not have a share capital. Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the assets of the charitable company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.
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