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2025-03-31-accounts

Charity registration number: 1184021

Project 93

Annual Report and Financial Statements for the Year Ended 31 March 2025

Project 93

Contents (continued)

Reference and Administrative Details 1
Trustees' Report 2 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Financial Statements 9 to 20

Project 93

Reference and Administrative Details

Trustees Sarah Ann Giannakopoulos Danielle Hughes Jade Michaela Cioffi David Ellis, Chair Craig Scott-Patrick Charity Registration Number 1184021 Principal Office The Dudson Centre Hope Street Stoke on Trent Staffs ST1 5DD Independent Examiner Daryl Denson ACMA VAST The Dudson Centre Hope Street Hanley Stoke-on-Trent ST1 5DD

Page 1

Project 93

Trustees' Report

The trustees present the annual report together with the financial statements of the charity for the year ended 31 March 2025.

Objectives and activities

Objects and aims

a. Objects and Aims The objects of Project 93 are:

• To promote the mental health, wellbeing, and rights of LGBTQ+ individuals and individuals affected by HIV in Stoke on Trent, Staffordshire and beyond.

• To work with organisations, communities, and individuals to challenge stigma, promote understanding, and provide education on issues related to sexuality, gender identity and HIV.

• To work towards ending new HIV transmissions by 2030 through education, prevention, testing and support. b. Vision: A world where all people, regardless of their gender identity, sexual orientation, or HIV status, feel empowered, respected, and understood.

c. Mission: To provide inclusive support, advocacy, and education that empowers individuals and communities across Staffordshire to embrace their unique journeys.

d. Values:

i. Inclusivity: We are committed to creating safe and welcoming environments for all, where diversity is not just accepted but celebrated.

ii. Empowerment: We believe in providing the tools, information, and support that help individuals and communities take charge of their wellbeing.

iii. Empathy: We approach all our work with compassion, recognizing the challenges people face and striving to provide respectful, non-judgemental support.

iv. Education: We believe in the power of knowledge to reduce stigma and drive social change. We educate individuals to create a more informed society.

v. Advocacy: We give a voice to those who need it most, working to break down barriers and reduce inequalities in healthcare and society.

vi. Collaboration: We work together with individuals, organisations, and communities to achieve shared goals, understanding that we are stronger together.

Public benefit

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Use of volunteers

Volunteers have played an increasingly valuable role in delivering our services, contributing to outreach, event organisation, and peer support. In addition, we have significantly expanded our social media following, allowing us to reach and engage more people than ever before.

Page 2

Project 93

Trustees' Report (continued)

Achievements and performance

During the year the charity adopted the operating name “Project 93”, reflecting a deliberate shift towards a clearer identity as an LGBTQ+ and HIV support and advocacy organisation. The new name and brand were introduced to reduce confusion with wider sexual health services and to centre the experiences of LGBTQ+ communities and people living with HIV. This strategic focus now underpins all of the charity’s activity, from front-line counselling through to training, partnership work and advocacy.

Project 93’s core work continued to focus on mental health, emotional wellbeing and reducing isolation. The counselling service supported adults and young people who are LGBTQ+, questioning their gender or sexuality, or living with or affected by HIV. Many clients presented with anxiety, depression, self-harm, family rejection, experiences of hate and discrimination, or the impact of an HIV diagnosis. Counsellors, all working within BACP ethical frameworks, used recognised tools such as PHQ-9 and GAD-7 to help track changes in mood and anxiety over time, and client feedback continued to highlight the value of being able to speak openly in an LGBTQ+-affirming space.

Alongside one-to-one work, the charity’s peer and social groups played a growing role in building connection and community. Regular offers such as “Somewhere” (peer support), “Queer Craft”, “Queer Quests” and other social activities provided safe, informal spaces for people to meet, form friendships and feel less alone. These groups were particularly important for those who are newly out, trans and non-binary people, and individuals who face barriers to taking part in mainstream community life.

The organisation also strengthened its HIV work. In-house and outreach HIV testing and prevention work continued, helping people to know their status, access treatment early and reduce the risk of onward transmission. All of this work supports wider efforts to end new HIV transmissions in the UK and to challenge stigma.

Partnerships remained central to the charity’s impact. Project 93 worked closely with local NHS teams, including hospital and community services, to ensure that LGBTQ+ people and those living with HIV are better supported and more visible within health settings. Collaboration with other charities and community organisations – for example local youth and housing providers, LGBT groups, and infrastructure bodies such as VAST and Support Staffordshire, helped extend reach, share expertise and create joined-up pathways of support. The charity continued to contribute to local conversations on health inequalities, inclusion and hate crime.

Trustees and staff invested time in strengthening governance and organisational infrastructure. Work progressed on updating and consolidating key policies, including safeguarding, data protection, lone working and staff guidance, and on developing a more consistent approach to documenting outcomes and learning. Volunteers, including trustees, group facilitators and peer supporters, contributed significant time and lived experience, enabling the charity to offer a wider range of activities than it’s staffing alone would allow.

Page 3

Project 93

Trustees' Report (continued)

Financial review

Financially, the year was one of careful management in a challenging funding environment. Income was drawn from a mix of charitable grants, commissioned work, training and donations, reflecting efforts to diversify funding while protecting core services. The trustees monitored reserves throughout the year, aiming to hold a prudent level to safeguard continuity of support while also ensuring that funds are used to further the charity’s objects.

The trustees recognise the ongoing pressures facing the communities Project 93 serves. Demand for counselling and group support continues to outstrip capacity, particularly for trans and non-binary people, LGBTQ+ young people and those living with HIV in the context of rising costs and entrenched local deprivation. Securing sustainable funding, maintaining staff wellbeing and managing risk in a small but growing organisation remain key priorities.

The financial results are shown on pages 7 to 20 of this report.

Policy on reserves

The Charity will maintain reserves for staffing issues such as temporary cover for long term sickness absence, maternity and/or paternity leave etc. This fund will also provide some protection against the risk that a staff member is made redundant after funding for their post ceases and the Charity is left liable for salaries during the statutory notice period.

The Charity will endeavour to increase the reserves for staffing issues to a level that exceeds the total liability for payment of salaries during statutory notice periods for all staff currently employed.

The Charity will maintain reserves for maintenance of premises. Wherever possible the funding for services shall include charges for maintenance of premises that will be diverted to this fund. This fund will be used to cover the cost of decorating, repairing and otherwise maintaining Charity premises.

The balance of the current assets in unrestricted funds designated by the trustees will be held in “general” reserves to manage cash flow and as a contingency for unplanned expenditure.

The Finance committee will annual agree the amount of reserves as part of the budget setting process.

The amount of free reserves at the year end was £37,195 (2024: £23,685),

Page 4

Project 93

Trustees' Report (continued)

Trustees and officers

The trustees and officers serving during the year and since the year end were as follows:

Trustees:

Sarah Ann Giannakopoulos Daniel Kieran Lay (resigned 31 January 2025) Fiona Wood (resigned 11 March 2025) Danielle Hughes Jade Michaela Cioffi David Ellis, Chair (appointed 30 July 2024) Craig Scott-Patrick (appointed 24 November 2024)

Structure, governance and management

Nature of governing document

Project 93 is a CIO registered since 21 Jun 2019. The constitution was adopted on this date and amended on 07 Feb 2020.

Recruitment and appointment of trustees

New trustees are recruited and appointed by the existing trustees from time to time to provide relevant experience and technical support to the charity. Appropriate induction and training is provided if considered necessary.

Jan 29, 2026

The annual report was approved by the trustees of the charity on .................... and signed on its behalf by:

. ~~............................~~ Dave Ellis (Jan 29, 2026 21:04:31 GMT) ............ David Ellis Trustee

Page 5

Project 93

Independent Examiner's Report to the trustees of Project 93

I report to the trustees on my examination of the accounts of Project 93 for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity trustees of Project 93 you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Project 93's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

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

  1. accounting records were not kept in respect of Project 93 as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

...................................... Daryl Denson ACMA

VAST The Dudson Centre Hope Street Hanley Stoke-on-Trent ST1 5DD

Date:.............................Jan 30, 2026

Page 6

Project 93

Statement of Financial Activities for the Year Ended 31 March 2025

Note
Income and Endowments from:
Donations and legacies
Charitable activities
Other income
Total income
Expenditure on:
Charitable activities
Total expenditure
Net income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
14
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Other income
Total income
Expenditure on:
Charitable activities
Total expenditure
Net income/(expenditure)
Gross transfers between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
14
Unrestricted
funds
£
53,032
11,130
2,097
66,259
(52,749)
(52,749)
13,510
13,510
23,685
37,195
Unrestricted
funds
£
7,456
6,170
450
14,076
(8,698)
(8,698)
5,378
(5,346)
32
23,653
23,685
Restricted
funds
£
75,645
-
-
75,645
(62,906)
(62,906)
12,739
12,739
-
12,739
Restricted
funds
£
96,970
-
-
96,970
(110,458)
(110,458)
(13,488)
5,346
(8,142)
8,142
-
Total
2025
£
128,677
11,130
2,097
141,904
(115,655)
(115,655)
26,249
26,249
23,685
49,934
Total
2024
£
104,426
6,170
450
111,046
(119,156)
(119,156)
(8,110)
-
(8,110)
31,795
23,685

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 14.

The notes on pages 9 to 20 form an integral part of these financial statements. Page 7

Project 93

(Registration number: 1184021) Balance Sheet as at 31 March 2025

Note
Current assets
Debtors
11
Cash at bank and in hand
12
Creditors: Amounts falling due within one year
13
Net assets
Funds of the charity:
Restricted income funds
Restricted funds
14
Unrestricted income funds
Unrestricted funds
Total funds
14
2025
£
660
53,522
54,182
(4,248)
49,934
12,739
37,195
49,934
2024
£
2,046
24,147
26,193
(2,508)
23,685
-
23,685
23,685

The financial statements on pages 7 to 20 were approved by the trustees, and authorised for issue on Jan 29, 2026.................... and signed on their behalf by:

..............................Dave Ellis (Jan 29, 2026 21:04:31 GMT) ........... David Ellis Trustee

The notes on pages 9 to 20 form an integral part of these financial statements. Page 8

Project 93

Notes to the Financial Statements for the Year Ended 31 March 2025

1 Accounting policies

Statement of compliance

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 UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

Project 93 meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Gift aid

Incoming resources from tax reclaims are included in the Statement of Financial Activities at the same time as the gift to which they relate.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Page 9

Project 93

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

Charitable activities

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.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.

Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Page 10

Project 93

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

2 Income from donations and legacies

Donations and legacies;
Donations from individuals
Grants, including capital grants;
Government grants
Grants from other charities
Other income from donations and legacies
Donations and legacies;
Donations from individuals
Grants, including capital grants;
Government grants
Grants from companies
Other income from donations and legacies
Unrestricted
funds
General
£
7,749
45,000
-
283
53,032
Unrestricted
funds
General
£
4,269
-
3,125
62
7,456
Restricted
funds
£
-
71,970
3,675
-
75,645
Restricted
funds
£
-
96,970
-
-
96,970
Total
2025
£
7,749
116,970
3,675
283
128,677
Total
2024
£
4,269
96,970
3,125
62
104,426

Page 11

Project 93

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

3 Income from charitable activities

Service delivery
Service delivery
4
Other income
Fees and supplies
Fees and supplies
Unrestricted
funds
General
£
11,130
Unrestricted
funds
General
£
6,170
Unrestricted
funds
General
£
2,097
Unrestricted
funds
General
£
450
Total
2025
£
11,130
Total
2024
£
6,170
Total
2025
£
2,097
Total
2024
£
450

Page 12

Project 93

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

5 Expenditure on charitable activities

Accountancy
Payroll Fees
HR Support
Licences and Subscriptions
Office Supplies
Rent and Rates
IT Support
Marketing
Staff Expenses
Wages and Salaries
Training and Recruitment
Recruitment
Events
Insurance
Volunteer Expenses
Merchandise
Training and Awareness
Group Resources
Testing and Prevention
Activity
undertaken
directly
£
915
1,030
360
2,153
1,437
14,640
2,477
749
1,515
78,082
91
561
2,389
1,386
453
4,678
1,768
249
722
115,655
2025
£
915
1,030
360
2,153
1,437
14,640
2,477
749
1,515
78,082
91
561
2,389
1,386
453
4,678
1,768
249
722
115,655

Page 13

Project 93

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

Accountancy
Professional Fees
Payroll Fees
HR Support
Licences and Subscriptions
Office Supplies
Utilities
Rent and Rates
IT Support
Service Delivery
Marketing
Staff Expenses
Wages and Salaries
Training and Recruitment
Recruitment
Events
Insurance
Volunteer Expenses
Activity
undertaken
directly
£
893
273
962
360
1,436
1,048
2,233
13,363
2,967
3,434
4,628
1,800
82,500
312
356
885
1,280
426
119,156
2024
£
893
273
962
360
1,436
1,048
2,233
13,363
2,967
3,434
4,628
1,800
82,500
312
356
885
1,280
426
119,156

Page 14

Project 93

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

6 Analysis of governance and support costs

Governance costs

Independent examiner fees
Examination of the financial statements
Independent examiner fees
Examination of the financial statements
Unrestricted
funds
General
£
915
915
Unrestricted
funds
General
£
893
893
Total
2025
£
915
915
Total
2024
£
893
893

7 Government grants

£50,000(2024: £75,000 was received from The National Lottery Community Fund for the Reaching Out project. £21,970 (2024:£21,970) was received from The National Lottery for the Know Your Neighbourhood project. The amount of grants recognised in the financial statements was £71,970 (2024 - £96,970).

8 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any reimbursed expenses or any other benefits from the charity during the year.

Page 15

Project 93

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

9 Staff costs

The aggregate payroll costs were as follows:

The aggregate payroll costs were as follows:
Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs
2025
£
72,307
3,310
2,465
78,082
2024
£
78,554
1,226
2,720
82,500

The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:

Support Staff 2025
No
5
2024
No
5

4 (2024 - 4) of the above employees participated in the Defined Contribution Pension Schemes.

Contributions to the employee pension schemes for the year totalled £2,464 (2024 - £2,720).

No employee received emoluments of more than £60,000 during the year

Page 16

Project 93

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

10 Taxation

The charity is a registered charity and is therefore exempt from taxation.

11 Debtors

Prepayments
12 Cash and cash equivalents
Cash on hand
Cash at bank
13 Creditors: amounts falling due within one year
Other taxation and social security
Other creditors
Accruals
2025
£
660
2025
£
30
53,492
53,522
2025
£
2,913
420
915
4,248
2024
£
2,046
2024
£
30
24,117
24,147
2024
£
1,615
-
893
2,508

Page 17

Project 93

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

14 Funds
Unrestricted funds
General
General Funds
Restricted funds
Community Health Champion
National Lottery-Reaching Out
Know Your Neighbourhood
Total restricted funds
Total funds
Unrestricted funds
General
General Funds
Restricted
National Lottery-Reaching
Out
Know Your Neighbourhood
Groundwork UK
Total restricted funds
Total funds
Balance at 1
April 2024
£
Incoming
resources
£
Resources
expended
£
Balance at 31
March 2025
£
23,685
66,259
(52,749)
37,195
-
3,675
(3,675)
-
-
50,000
(37,261)
12,739
-
21,970
(21,970)
-
-
75,645
(62,906)
12,739
23,685
141,904
(115,655)
49,934
Balance at 1
April 2023
£
Incoming
resources
£
Resources
expended
£
Transfers
£
Balance at
31 March
2024
£
23,653
14,076
(8,698)
(5,346)
23,685
6,717
75,000
(88,488)
6,771
-
300
21,970
(21,970)
(300)
-
1,125
-
-
(1,125)
-
8,142
96,970
(110,458)
5,346
-
31,795
111,046
(119,156)
-
23,685
Balance at 31
March 2025
£
37,195
-
12,739
-
Balance at 31
March 2025
£
37,195
-
12,739
-
12,739
49,934
Balance at
31 March
2024
£
23,685
-
-
-
-
23,685

Page 18

Project 93

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

The specific purposes for which the funds are to be applied are as follows:

Community Health Champions

Grant to share messages that champion better health and wellbeing for the people of Stoke on Trent

National Lottery-Reaching Out

This grant is to allow us to fully implement our emerging fundraising strategy and to increase our sustainability and reduce our dependency on grant aid.

Know Your Neighbourhood

The "Know Your Neighbourhood" project received £21,970 in the year to employ a Volunteer Coordinator, who recruited more volunteers in schools to establish LGBTQ+ support clubs, reducing isolation and providing vital peer support for LGBTQ+ pupils and their families

Page 19

Project 93

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

15 Analysis of net assets between funds

15 Analysis of net assets between funds
Current assets
Current liabilities
Total net assets
Current assets
Current liabilities
Total net assets
Unrestricted
funds
General
£
41,443
(4,248)
37,195
Restricted
funds
£
12,739
-
12,739
Unrestricted
funds
General
£
26,193
(2,508)
23,685
Total funds at
31 March
2025
£
54,182
(4,248)
49,934
Total funds at
31 March
2024
£
26,193
(2,508)
23,685

16 Related party transactions

There were no related party transactions in the year.

Page 20

Project 93 2025 Accounts

Final Audit Report

2026-01-30

Created: 2026-01-29 By: VAST Accounts (accounts@vast.org.uk) Status: Signed Transaction ID: CBJCHBCAABAAvTig_TqyXKarN9yOi2zZovscAqLoIWD4

"Project 93 2025 Accounts" History

Document created by VAST Accounts (accounts@vast.org.uk)

2026-01-29 - 5:16:08 PM GMT- IP address: 82.31.1.14

Document emailed to chair@p93.org for signature

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Email viewed by chair@p93.org

2026-01-29 - 9:00:27 PM GMT- IP address: 51.9.135.89

Signer chair@p93.org entered name at signing as Dave Ellis

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Document e-signed by Dave Ellis (chair@p93.org)

Signature Date: 2026-01-29 - 9:04:31 PM GMT - Time Source: server- IP address: 51.9.135.89

Document emailed to Daryl Denson (daryl.denson@vast.org.uk) for signature 2026-01-29 - 9:04:33 PM GMT

Email viewed by Daryl Denson (daryl.denson@vast.org.uk)

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Document e-signed by Daryl Denson (daryl.denson@vast.org.uk) Signature Date: 2026-01-30 - 8:39:03 AM GMT - Time Source: server- IP address: 82.31.1.14

Agreement completed.

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