A long-running folk festival was cancelled this year after the company running it went bankrupt.
Beverley Folk Festival, a non-profit organization run by volunteers, said he had lost his “primary source of funding”.
The organizers said they were not to refund pre-sale in the location. Weekend tickets cost £110.
The festival began in 1984 and was sixth at Beverley Racecourse in June.
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It is not known what could be the long-term future of the festival.
The company said it could now Finance the festival, or to pay for the booked performers and “had ceased to act, with immediate effect,” it said.
It was placed in liquidation because it is insolvent.
The Directors offered “sincere apologies” to all of the money owed.
Chris Wade, who helped the festival, but not yet, it was involved in the last few years, said: “It’s like a part of my family, it is very sad to have lost you.
“I’m sure that a lot of people, the musicians and listeners, is very upset.”
Many of the “great volunteers and dedicated people were involved,” she said.
Previous festivals up to 4,000 people from all over the world, had attracted, she added.
In the last years, of well-known acts such as the proclaimers and Billy Bragg have performed, in addition to the local name.
The festival was held on the basis of the track between Friday 15. and Sunday 17. June, with a daily capacity of 2,500.
It used to be held at various locations in the city, but in 2012 moved to a larger stage on the Racecourse.