 It held its first and only AGM on 3 February 2019 to discuss how to take the next steps towards restoring the line.Plans included changing the Society into the Bala and Ffestiniog Railway Heritage Trust.The outcome of the AGM was to disband the existing Blaenau Ffestiniog and Trawsfynydd Railway Society and replace it with a limited company named the Bala and Festiniog Railway Heritage Trust.