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HERE - British Automation & Robot Association

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Summary<br />

• Membership income down 11%<br />

• No workshop income in period<br />

– But workshops provide little profit<br />

• Accounts do not reflect European project income<br />

– Additional 18,900 income<br />

– Costs not yet recognised<br />

• Overall neutral budget (without European project)<br />

• Maintain healthy cash balance and net worth<br />

• Still need of other income sources

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