```
REGISTERED COMPANY NUMBER: CE003816(England and Wales)
REGISTERED CHARITY NUMBER: 1161097
```
```
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 30 April 2021
for
```
```
Romsey Amateur Operatic and
Dramatic Society
```
```
Jerram Surlis Limited
```
```
4 Latimer Street
Romsey
Hampshire
SO51 8DG
```
```
Romsey Amateur Operatic and
Dramatic Society
```
```
Contents of the Financial Statements
for the Year Ended 30 April 2021
```
||`Page`|
|---|---|
|`Report of the Trustees`|`1`|
|`Independent Examiner's Report`|`2`|
|`Statement of Financial Activities`|`3`|
|`Balance Sheet`|`4 to 5`|
|`Notes to the Financial Statements`|`6 to 10`|
|`Detailed Statement of Financial Activities`|`11 to 12`|
```
Romsey Amateur Operatic and
Dramatic Society
```
## `Report of the Trustees`
```
for the Year Ended 30 April 2021
```
```
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report
withthefinancialstatementsofthecharityfortheyearended30April2021.Thetrusteeshaveadopted the
provisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities
preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic of
Ireland (FRS 102) (effective 1 January 2015).
```
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Governing document`**
```
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimitedcompany,limited by
guarantee, as defined by the Companies Act 2006.
```
## **`Key management remuneration`**
```
No members of the key management personnel were paid remuneration during the year.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number`**
```
CE003816 (England and Wales)
```
## **`Registered Charity number`**
```
1161097
```
## **`Registered office`**
## **`Trustees`**
|**`Trustees`**||
|---|---|
|`A Rimmer`|`Chair`|
|`P Moore`|`Trustee`|
|`Miss F Strange`|`Trustee`|
|`W Baggs`|`Trustee`|
|`Mrs R Birkett-Mills`|`Trustee`|
|`C Moses`|`Trustee`|
|`T Smythe-Wright`|`Trustee`|
|`B Young`|`Trustee`|
|`Mrs C Backhurst`|`Trustee`|
|`Mrs S Mitchell`|`Trustee`|
|`Ms S Kerrell`|`Trustee`|
## **`Independent examiner`**
```
David Jerram
FFA/FIPA FFTA
Jerram Surlis Limited
4 Latimer Street
Romsey
Hampshire
SO51 8DG
```
```
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
```
```
.............................................
Trustee
```
```
Page 1
```
```
Independent Examiner's Report to the Trustees of
Romsey Amateur Operatic and
Dramatic Society
```
## **`Independent examiner's report to the trustees of Romsey Amateur Operatic and Dramatic Society ('the Company')`**
```
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 April 2021.
```
## **`Responsibilities and basis of report`**
```
As the charity'strusteesof the Company(andalsoits directorsfor the purposesof companylaw) youare responsible
for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
```
```
HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16ofthe 2006
Actandareeligibleforindependentexamination,I reportinrespectof my examinationof yourcharity'saccounts as
carriedoutundersection145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationI have
followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
```
## **`Independent examiner's statement`**
```
Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith the
examination giving me cause to believe:
```
`1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or`
`3. 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`
`4. 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)].`
```
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached
```
```
David Jerram
FFA/FIPA FFTA
Jerram Surlis Limited
4 Latimer Street
Romsey
Hampshire
SO51 8DG
```
```
Date: .............................................
```
```
Page 2
```
```
Romsey Amateur Operatic and
Dramatic Society
```
```
Statement of Financial Activities
for the Year Ended 30 April 2021
```
|`Unrestricted`
`Restricted`
`funds`
`fund`
`Notes`
`£`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`32,786`
`-`
**`Charitable activities`**
`Internal shows`
`2,784`
`-`
`External services - Outside bookings`
`-`
`-`
`External services - costume hire`
`675`
`-`
`Bar and Kiosk`
`1,685`
`-`
`Subscriptions`
`-`
`-`
`Other trading activities`
`2`
`10,261`
`-`
`Other income`
`25,026`
`-`
**`Total`**
`73,217`
`-`
**`EXPENDITURE ON`**
**`Charitable activities`**
`Internal shows`
`27,882`
`-`
`External services - Outside bookings`
`-`
`-`
`External services - costume hire`
`6,623`
`-`
`Bar and Kiosk`
`16,875`
`-`
`Subscriptions`
`5,970`
`-`
**`Total`**
`57,350`
`-`
**`NET INCOME`**
`15,867`
`-`
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
`964,871`
`-`
**`TOTAL FUNDS CARRIED FORWARD`**
`980,738`
`-`|`2021`
`Total`
`funds`
`£`
`32,786`
`2,784`
`-`
`675`
`1,685`
`-`
`10,261`
`25,026`
`73,217`
`27,882`
`-`
`6,623`
`16,875`
`5,970`
`57,350`
`15,867`
`964,871`
`980,738`|`2020`
`Total`
`funds`
`£`
`16,474`
`88,047`
`77,110`
`200`
`34,052`
`7,150`
`10,390`
`4,397`|
|---|---|---|
|||`237,820`
`83,866`
`58,144`
`63`
`27,152`
`2,428`|
|||`171,653`|
|||`66,167`
`898,704`|
|||`964,871`|
```
The notes form part of these financial statements
```
```
Page 3
```
```
Romsey Amateur Operatic and
Dramatic Society
```
```
Balance Sheet
At 30 April 2021
```
|`Unrestricted`
`Restricted`
`funds`
`fund`
`Notes`
`£`
`£`
**`FIXED ASSETS`**
`Tangible assets`
`6`
`820,666`
`-`
**`CURRENT ASSETS`**
`Stocks`
`7`
`-`
`-`
`Debtors`
`8`
`-`
`-`
`Cash at bank and in hand`
`160,072`
`-`
`160,072`
`-`
**`CREDITORS`**
`Amounts falling due within one year`
`9`
`-`
`-`
**`NET CURRENT ASSETS`**
`160,072`
`-`
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
`980,738`
`-`
**`NET ASSETS`**
`980,738`
`-`
**`FUNDS`**
`10`
`Unrestricted funds`
**`TOTAL FUNDS`**|`2021`
`Total`
`funds`
`£`
`820,666`
`-`
`-`
`160,072`
`160,072`
`-`
`160,072`
`980,738`
`980,738`
`980,738`
`980,738`|`2020`
`Total`
`funds`
`£`
`824,607`
`1,297`
`14,190`
`126,009`
`141,496`
`(1,232)`
`140,264`
`964,871`
`964,871`
`964,871`
`964,871`|
|---|---|---|
```
The notes form part of these financial statements
```
```
continued...
```
```
Page 4
```
```
Romsey Amateur Operatic and
Dramatic Society
```
```
Balance Sheet - continued
At 30 April 2021
```
```
The charitablecompanyis entitledto exemptionfrom audit under Section477 of the CompaniesAct 2006 for the year
ended 30 April 2021.
```
```
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
30 April 2021 in accordance with Section 476 of the Companies Act 2006.
```
```
The trustees acknowledge their responsibilities for
```
- `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and`
- `(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.`
```
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicableto charitable companies
subject to the small companies regime.
```
```
The financialstatementswere approvedbytheBoardof Trusteeson.............................................andwere signed on
its behalf by:
```
```
.............................................
```
```
Trustee
```
```
The notes form part of these financial statements
```
```
Page 5
```
```
Romsey Amateur Operatic and
Dramatic Society
```
```
Notes to the Financial Statements
for the Year Ended 30 April 2021
```
## **`1. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
The financialstatementsof the charitablecompany,whichis a publicbenefitentityunderFRS 102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities: Statement
ofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial
ReportingStandardapplicablein the UK and Republicof Ireland(FRS 102) (effective1 January2015)', Financial
ReportingStandard102 'The FinancialReportingStandardapplicablein the UK and Republicof Ireland'and the
Companies Act 2006. The financial statements have been prepared under the historical cost convention.
```
## **`Income`**
```
All incomeis recognisedin the Statementof FinancialActivitiesoncethe charityhasentitlementto the funds,
it is probable that the income will be received and the amount can be measured reliably.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement
andthe amountof the obligationcanbe measuredreliably.Expenditureis accountedforon an accruals basis
andhas been classifiedunderheadingsthataggregateall costrelatedto the category.Wherecostscannot be
directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the
use of resources.
```
## **`Tangible fixed assets and depreciation`**
```
Depreciationis providedat the followingannualrates in orderto write off each asset over its estimated useful
life.
```
```
Fixedassetsarestatedatcostorvaluationlessdepreciation.depreciationisprovidedatratescalculated to
writeoffthecostorvaluationlessestimatedresidualvalueofeachassetoveritsexpectedusefullife as
follows:
```
```
Plaza building and improvements 1% straight line
Stage and lighting 15% straight line
Plant and equipment 25% straight line
```
## **`Stocks`**
```
Stocksarevaluedatthelowerofcostandnetrealisablevalue,aftermakingdueallowanceforobsolete and
slow moving items.
```
## **`Taxation`**
```
The charity is exempt from corporation tax on its charitable activities.
```
## **`Fund accounting`**
```
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
```
```
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
```
```
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
```
```
Page 6
```
```
Romsey Amateur Operatic and
Dramatic Society
```
```
Notes to the Financial Statements - continued
```
```
for the Year Ended 30 April 2021
```
## **`2. OTHER TRADING ACTIVITIES`**
|`Car parking income`
**`NET INCOME/(EXPENDITURE)`**
`Net income/(expenditure) is stated after charging/(crediting):`
`Depreciation - owned assets`|`2021`
`£`
`10,261`
`2021`
`£`
`6,096`|`2020`
`£`
`10,390`|
|---|---|---|
|||`2020`
`£`
`6,075`|
## **`3. NET INCOME/(EXPENDITURE)`**
## **`4. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Nomemberofthemanagementcommitteenoranypersonconnectedwiththem,hasreceivedorisdue to
receive any remuneration from the charity's funds.
```
## **`Trustees' expenses`**
```
Duringthe year9 (2020:6)trusteeswere reimbursedexpensesof £5,602(2020:£9,750)incurredon behalf of
the charity.
```
## **`5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
|`Unrestricted`
`Restricted`
`funds`
`fund`
`£`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`16,474`
`-`
**`Charitable activities`**
`Internal shows`
`88,047`
`-`
`External services - Outside bookings`
`77,110`
`-`
`External services - costume hire`
`200`
`-`
`Bar and Kiosk`
`34,052`
`-`
`Subscriptions`
`7,150`
`-`
`Other trading activities`
`10,390`
`-`
`Other income`
`4,397`
`-`
**`Total`**
`237,820`
`-`
**`EXPENDITURE ON`**
**`Charitable activities`**
`Internal shows`
`83,866`
`-`
`External services - Outside bookings`
`58,144`
`-`
`External services - costume hire`
`63`
`-`
`Bar and Kiosk`
`27,152`
`-`
`Subscriptions`
`2,428`
`-`
**`Total`**
`171,653`
`-`|`Total`
`funds`
`£`
`16,474`
`88,047`
`77,110`
`200`
`34,052`
`7,150`
`10,390`
`4,397`|
|---|---|
||`237,820`
`83,866`
`58,144`
`63`
`27,152`
`2,428`|
||`171,653`|
```
Page 7
```
```
Romsey Amateur Operatic and
Dramatic Society
```
## `Notes to the Financial Statements - continued`
```
for the Year Ended 30 April 2021
```
|**`5.`**
**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**
`Unrestricted`
`Restricted`
`funds`
`fund`
`£`
`£`
**`NET INCOME`**
`66,167`
`-`
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
`898,704`
`-`
**`TOTAL FUNDS CARRIED FORWARD`**
`964,871`
`-`
**`6.`**
**`TANGIBLE FIXED ASSETS`**
`Plaza building`
`&`
`Stage &`
`Plant &`
`improvements`
`lighting`
`equipment`
`£`
`£`
`£`
**`COST`**
`At 1 May 2020`
`838,993`
`20,848`
`7,326`
`Additions`
`2,155`
`-`
`-`
`At 30 April 2021`
`841,148`
`20,848`
`7,326`
**`DEPRECIATION`**
`At 1 May 2020`
`27,697`
`9,756`
`5,107`
`Charge for year`
`1,138`
`3,127`
`1,831`
`At 30 April 2021`
`28,835`
`12,883`
`6,938`
**`NET BOOK VALUE`**
`At 30 April 2021`
`812,313`
`7,965`
`388`
`At 30 April 2020`
`811,296`
`11,092`
`2,219`
**`7.`**
**`STOCKS`**
`2021`
`£`
`Stocks`
`-`
**`8.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`2021`
`£`
`Trade debtors`
`-`|`Total`
`funds`
`£`|`Total`
`funds`
`£`|
|---|---|---|
||`66,167`
`898,704`||
||`964,871`||
||`Totals`
`£`
`867,167`
`2,155`||
||`869,322`||
||`42,560`
`6,096`||
||`48,656`||
||`820,666`||
||`824,607`||
||`2020`
`£`
`1,297`
`2020`
`£`
`14,190`|`2020`
`£`
`1,297`|
```
Page 8
```
```
Romsey Amateur Operatic and
Dramatic Society
```
```
Notes to the Financial Statements - continued
for the Year Ended 30 April 2021
```
## **`9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
||`2021`|`2020`|
|---|---|---|
||`£`|`£`|
|`Trade creditors`|`-`|`1,232`|
## **`10. MOVEMENT IN FUNDS`**
|**`Unrestricted funds`**
`General fund`
`Capital reserve fund`
**`TOTAL FUNDS`**
`Net movement in funds, included in the above are as`
**`Unrestricted funds`**
`General fund`
`Capital reserve fund`
**`TOTAL FUNDS`**|`Net`
`Transfers`
`movement in`
`between`
`At 1.5.20`
`funds`
`funds`
`At 30.4.21`
`£`
`£`
`£`
`£`
`140,264`
`21,963`
`(2,154)`
`160,073`
`824,607`
`(6,096)`
`2,154`
`820,665`
`964,871`
`15,867`
`-`
`980,738`
`964,871`
`15,867`
`-`
`980,738`
`follows:`
`Incoming`
`Resources`
`Movement in`
`resources`
`expended`
`funds`
`£`
`£`
`£`
`73,217`
`(51,254)`
`21,963`
`-`
`(6,096)`
`(6,096`
`73,217`
`(57,350)`
`15,867`
`73,217`
`(57,350)`
`15,867`|`Net`
`Transfers`
`movement in`
`between`
`At 1.5.20`
`funds`
`funds`
`At 30.4.21`
`£`
`£`
`£`
`£`
`140,264`
`21,963`
`(2,154)`
`160,073`
`824,607`
`(6,096)`
`2,154`
`820,665`
`964,871`
`15,867`
`-`
`980,738`
`964,871`
`15,867`
`-`
`980,738`
`follows:`
`Incoming`
`Resources`
`Movement in`
`resources`
`expended`
`funds`
`£`
`£`
`£`
`73,217`
`(51,254)`
`21,963`
`-`
`(6,096)`
`(6,096`
`73,217`
`(57,350)`
`15,867`
`73,217`
`(57,350)`
`15,867`|
|---|---|---|
|||`15,867`|
|||`15,867`|
## **`Comparatives for movement in funds`**
|**`Unrestricted Funds`**
`General fund`
`Capital reserve fund`
**`TOTAL FUNDS`**|`Net`
`Transfers`
`movement in`
`between`
`At 1.5.19`
`funds`
`funds`
`At 30.4.20`
`£`
`£`
`£`
`£`
`129,740`
`72,242`
`(61,718)`
`140,264`
`768,964`
`(6,075)`
`61,718`
`824,607`
`898,704`
`66,167`
`-`
`964,871`
`898,704`
`66,167`
`-`
`964,871`|`Net`
`Transfers`
`movement in`
`between`
`At 1.5.19`
`funds`
`funds`
`At 30.4.20`
`£`
`£`
`£`
`£`
`129,740`
`72,242`
`(61,718)`
`140,264`
`768,964`
`(6,075)`
`61,718`
`824,607`
`898,704`
`66,167`
`-`
`964,871`
`898,704`
`66,167`
`-`
`964,871`|
|---|---|---|
|||`140,264`|
|||`824,607`|
||||
||||
|||`964,871`|
||||
||||
||||
|||`964,871`|
||||
```
Page 9
```
```
Romsey Amateur Operatic and
Dramatic Society
```
## `Notes to the Financial Statements - continued`
```
for the Year Ended 30 April 2021
```
## **`10. MOVEMENT IN FUNDS - continued`**
```
Comparative net movement in funds, included in the above are as follows:
```
||`Incoming`|`Resources`|`Movement in`|
|---|---|---|---|
||`resources`|`expended`|`funds`|
||`£`|`£`|**`£`**|
|**`Unrestricted funds`**||||
|`General fund`|`237,820`|`(165,578)`|`72,242`|
|`Capital reserve fund`|`-`|`(6,075)`|`(6,075)`|
||`237,820`|`(171,653)`|`66,167`|
|**`TOTAL FUNDS`**|`237,820`|`(171,653)`|`66,167`|
|||||
```
A current year 12 months and prior year 12 months combined position is as follows:
```
|**`Unrestricted funds`**
`General fund`
`Capital reserve fund`
**`TOTAL FUNDS`**|`Net`
`movement in`
`At 1.5.19`
`funds`
`£`
`£`
`129,740`
`94,205`
`768,964`
`(12,171)`
`898,704`
`82,034`|`Transfers`
`between`
`funds`
`£`
`(63,872)`
`63,872`
`-`|`At 30.4.21`
`£`
`160,073`
`820,665`|
|---|---|---|---|
||||`980,738`|
```
A currentyear12 monthsandprioryear12 monthscombinednetmovementinfunds,includedinthe above
are as follows:
```
||`Incoming`|`Resources`|`Movement in`|
|---|---|---|---|
||`resources`|`expended`|`funds`|
||`£`|`£`|`£`|
|**`Unrestricted funds`**||||
|`General fund`|`311,037`|`(216,832)`|`94,205`|
|`Capital reserve fund`|`-`|`(12,171)`|`(12,171)`|
||`311,037`|`(229,003)`|`82,034`|
|**`TOTAL FUNDS`**|`311,037`|`(229,003)`|`82,034`|
## **`11. RELATED PARTY DISCLOSURES`**
```
There were no related party transactions for the year ended 30 April 2021.
```
```
Page 10
```
```
Romsey Amateur Operatic and
Dramatic Society
```
```
Detailed Statement of Financial Activities
for the Year Ended 30 April 2021
```
|**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Donations`
`Grant`
**`Other trading activities`**
`Car parking income`
**`Charitable activities`**
`Theatre income and subscriptions`
**`Other income`**
`Interest received`
`Miscellaneous income`
`Insurance claim`
**`Total incoming resources`**
**`EXPENDITURE`**
**`Charitable activities`**
`Direct costs`
`Insurance`
`Light and heat`
`Telephone`
`Administration, advertising and publicity`
`General expenses`
`Backstage, maintenance and workshop expenses`
`Book keeping`
`Cleaning`
`Bank charges`
`Credit card charges`
`Licenses and subscriptions`
`Staff training`
`Book keeping and accountancy`
`Depreciation of tangible fixed assets`
**`Total resources expended`**|`2021`
`£`
`21,328`
`11,458`
`32,786`
`10,261`
`5,144`
`763`
`2,463`
`21,800`
`25,026`
`73,217`
`2,228`
`7,021`
`4,532`
`636`
`908`
`1,819`
`23,854`
`-`
`578`
`65`
`899`
`3,746`
`48`
`4,920`
`6,096`
`57,350`
`57,350`|`2020`
`£`
`6,474`
`10,000`|
|---|---|---|
|||`16,474`
`10,390`
`206,559`
`1,203`
`3,194`
`-`|
|||`4,397`|
|||`237,820`
`93,742`
`7,253`
`7,834`
`541`
`6,573`
`2,695`
`27,357`
`1,000`
`6,280`
`220`
`1,180`
`8,443`
`-`
`2,460`
`6,075`|
|||`171,653`|
|||`171,653`|
```
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Page 11
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```
Romsey Amateur Operatic and
Dramatic Society
```
```
Detailed Statement of Financial Activities
for the Year Ended 30 April 2021
```
## **`Net income`**
|`2021`
`£`
`15,867`|`2020`
`£`|
|---|---|
||`66,167`|
```
This page does not form part of the statutory financial statements
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Page 12
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