The UK's first ever fully licensed community station has announced its closure.

Forest Of Dean Radio, which first broadcast as a Restricted Service Licence in 1995, was part of the Radio Authority's Access Radio community radio trial in 2002, and was subsequently awarded a five-year community licence in 2005. However, the station will close at midnight on 31 December, a year before its current licence was due to expire.

A statement from the station says: "Despite many months of effort the project has been unable to secure sufficient funding and resources to enable it to continue until the end of its present five year license at the end of 2010. Management have taken this decision now in order to preserve the core of the project assets so as to provide a foundation on which community media work in the future may be built, although what form that may take is currently uncertain."

The closure of Forest Of Dean Radio isn't the first community station to close as six other stations have either closed or failed to launchr.

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