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Financial Statements
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Contents
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Page
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Members' report
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1
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Statement of comprehensive income
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2
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Statement of financial position
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3
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Reconciliation of members' interests
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5
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Notes to the financial statements
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7
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Members' Report
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Designated Member
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Registered office:
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Statement of Comprehensive Income
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2021
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2020
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Note
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£
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£
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Turnover
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Other operating expenses
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--------
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--------
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Operating loss
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(
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(
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Other interest receivable and similar income
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--------
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--------
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Loss for the financial year before members' remuneration and profit shares available for discretionary division among members
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(32,593)
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(17,282)
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--------
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--------
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Statement of Financial Position
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2021
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2020
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Note
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£
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£
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Tangible assets
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4
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Debtors
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5
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Cash at bank and in hand
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-------
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-------
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||
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Creditors: amounts falling due within one year
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6
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-------
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--------
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Net current assets/(liabilities)
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(
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------------
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------------
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Total assets less current liabilities
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------------
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------------
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Net assets
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------------
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Other amounts
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–
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–
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Members' capital classified as equity
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1,911,870
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1,644,864
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Other reserves
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(54,591)
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(21,998)
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------------
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1,857,279
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1,622,866
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------------
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Loans and other debts due to members
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–
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–
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Members' other interests
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1,857,279
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1,622,866
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------------
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------------
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1,857,279
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1,622,866
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------------
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Statement of Financial Position (continued)
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Designated Member
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Reconciliation of Members' Interests
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Members' other interests
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Total members' interests
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Members' capital (classified as equity)
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Other reserves
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Total
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Total 2021
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£
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£
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£
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£
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Balance at 1st April 2020
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1,644,864
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(21,998)
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1,622,866
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1,622,866
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Loss for the financial year available for discretionary division among members
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(32,593)
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(32,593)
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(32,593)
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------------
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--------
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Members' interests after loss for the year
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1,644,864
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(54,591)
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1,590,273
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1,590,273
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Introduced by members
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267,006
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267,006
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267,006
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------------
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--------
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Balance at 31st March 2021
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1,911,870
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(54,591)
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1,857,279
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1,857,279
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------------
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--------
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Reconciliation of Members' Interests (continued)
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Members' other interests
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Total members' interests
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Members' capital (classified as equity)
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Other reserves
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Total
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Total 2020
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£
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£
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£
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£
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Balance at 1st April 2019
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1,515,928
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(4,716)
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1,511,212
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1,511,212
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Loss for the financial year available for discretionary division among members
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(17,282)
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(17,282)
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(17,282)
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------------
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--------
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Members' interests after loss for the year
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1,515,928
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(21,998)
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1,493,930
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1,493,930
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Introduced by members
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128,936
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128,936
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128,936
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------------
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--------
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Balance at 31st March 2020
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1,644,864
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(21,998)
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1,622,866
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1,622,866
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------------
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--------
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Notes to the Financial Statements
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1.
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General information
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2.
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Statement of compliance
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3.
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Accounting policies
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4.
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Tangible assets
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Freehold property
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£
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Cost
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At 1st April 2020
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Additions
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------------
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At 31st March 2021
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------------
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Depreciation
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At 1st April 2020 and 31st March 2021
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–
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Carrying amount
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At 31st March 2021
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At 31st March 2020
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Freehold property
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£
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At 31st March 2021
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Aggregate cost
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1,854,093
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Aggregate depreciation
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–
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Carrying value
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At 31st March 2020
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Aggregate cost
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1,633,185
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Aggregate depreciation
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–
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------------
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Carrying value
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5.
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Debtors
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2021
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2020
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£
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£
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Other debtors
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-------
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-------
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2021
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2020
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£
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£
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Trade creditors
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Other creditors
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-------
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--------
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-------
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--------
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