Captain Tom’s daughter took £47.5k in Covid loans and raked in £38k in expenses from hero’s foundation
COVID hero Captain Tom’s daughter took Covid loans of at least £47,500 – despite her company making DOUBLE profits during the pandemic – as well as raking in tens of thousands from his foundation in expenses.
Hannah Ingram-Moore ran a management consultancy firm with husband Colin – and the latest accounts reveal that it owed a bank loan of £10,000 to be paid back within a year and a further £37,500 to be paid back after one year.
On the financial statement for Maytrix Group Ltd, dated up to 31 August 2021, it says: “The loans are guaranteed by the government.”
These loans were not on any financial statement before the pandemic hit in March 2020 – which means they must be Covid loans.
These Bounce Back Loans were handed out by the Government to help struggling companies make up the shortfall for any dip in revenue because of the virus, which was running rampant across the country in 2020 and 2021.
Loans handed out by the British Business Bank were meant to satisfy the test that they “had been adversely affected by coronavirus”.
Yet Maytrix Group made bumper profits during this year.
In 2020, it saw profits rise to £227,532, which is over double 2019’s figure of £104,381.
Currently, the firm has around £196k in equity. Profit margins for the firm have never been anywhere near as high, especially during the pandemic year of 2020.
It comes after The Sun revealed Hannah was said to have used the lockdown fundraiser’s name to revamp her £1.2million home.
The 52-year-old and hubby Colin told planners they wanted an office for the charity set up in their father’s name at their home — then built a 50ft by 20ft pool house with changing rooms, toilets and showers.
They had applied in their own names for planning permission — but used the foundation’s name in the design and access and heritage statement.
Planning chiefs then ordered Captain Tom’s daughter to tear down the unauthorised building after plans for a pool complex were rejected.
The Charity Commission has launched an investigation into the foundation over concerns that the family profited from Tom’s name.
EXPENSES CLAIMED
Now The Sun can also reveal that Hannah’s company also took out tens of thousands in expenses from the Captain Tom Foundation, which made £39 million for NHS Charities Together.
According to the foundation’s accounts up to 31 May 2021, Maytrix Group was handed back £37,942 in reimbursements “in respect of website costs (£5,030), photography costs (£550), office rental (£4,500), telephone costs (£656) and third-party consultancy costs (£27,205).
These costs were initially funded by Maytrix Group Limited on behalf of the charitable company, and reimbursed when sufficient funds were available.
It goes on to say that Hannah personally and one of her firms recouped cash from the charity, stating: “During the period expense payments of £1,686 were made to H Ingram-Moore in respect of motor, post, subscription and travel costs.
“During the period reimbursement of costs of £16,097 were made to Club Nook Limited, a company under the control of H Ingram-Moore (a trustee for part of the period and spouse of a trustee), in respect of accommodation, security and transport relating to Captain Sir Tom Moore travelling around the UK to promote the charitable company.”
Capt Tom lifted spirits during Covid by walking in his Bedfordshire garden in the run-up to his 100th birthday.
He raised almost £39million for the NHS.
He was knighted, honoured with an RAF flypast and received 225,000 100th birthday cards. He died in February 2021.
DONATIONS STOPPED
The Sun reached out to Maytrix Group and the Captain Tom Foundation for comment on the latest claims but has not yet received a response.
A statement on their website dated July 2023 states that the Captain Tom Foundation is no longer taking donations while it is investigated by the Charity Commission.
It reads: “At this moment in time, the sole focus of The Captain Tom Foundation is to ensure that it cooperates fully with the on-going Statutory Inquiry by the Charity Commission.
“As a result, The Captain Tom Foundation is not presently actively seeking any funding from donors.
“Accordingly, we have also taken the decision to close all payment channels whilst the Statutory Inquiry remains open.
“Once the findings of the Statutory Inquiry have been communicated, The Captain Tom Foundation will be in a better position to make a decision in relation to its future, but for now, our main priority is to assist the Charity Commission with its enquiry.”