The draft company accounts from the 2022/23 financial year show that we are around the break-even point. As it is un-ticketed event our income does not increase with growing visitor numbers who also have rising expectations. It looks like the ongoing difficult economic situation, the rise in inflation and the cost of living crisis may only get worse for 2024 onwards. With the known significant additional costs for 2024 and additional requests and requirements from those we needed to work with to hold the Fair this year, the Board has concluded that all of these factors combine to make it untenable for 2024.
We are not the only event in this financial situation and you may be aware that the Great Dorset Steam Fair have also been forced to cancel their event for 2024 https://www.gdsf.co.uk/great-dorset-steam-fair-2024-update/