Confirmed: The end of the line for Rhythms of the World with festival to be wound down after AGM failure to elect new trustees
Rhythms of the World to be dissolved
All three trustees resigned at RotW's AGM on Monday, March 20 - meaning the end for the long-running Hitchin festival.
The move comes after the failure to elect three or more new trustees from the membership means that it can no longer continue to operate. The membership was unable to elect trustees at the AGM, which means it is unable to continue and will be wound down.
The outgoing Trustees said: "Regretfully, the Charity and Company will be wound down over the coming months, steered by a working party of members.
"This is not a situation we wish to find ourselves in. However, with declining membership and other constraints, Rhythms of the World can no longer continue to deliver its charitable aims.
"Although sad, we ask that the community remember the great times that we had over 30 years of bringing music and art to Hitchin.
"We offer our heartfelt thanks to all that volunteered and supported the festival over the years and will work to ensure that the legacy of Rhythms of the World is cherished into the future."
Members will assess the company's assets and liabilities and suggest a mechanism for the disposal of any remaining assets.
After some discussion, it was agreed to form a working group to assess and propose a mechanism for disposal of the company's assets in line with the articles of association.
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