Hannah Ingram-Moore reportedly took out huge Covid loans despite her company doubling profits during the pandemic (Picture: PA)
Captain Tom’s daughter took out Covid loans of at least £47,500- despite her company doubling their profits during the pandemic.
Hannah Ingram-Moore also pocketed tens of thousands of pounds in expenses while running her father’s £39 million charity foundation, The Sun reports.
Ms Ingram-Moore also runs a management consultancy firm with her husband Colin, with the latest accounts showing it owed a bank loan of £10,000 to be repaid in a year and another £37,500 to be paid back after 12 months.
A financial statement seen by the Sun, which is dated up to 31 August 2021, says: ‘The loans are guaranteed by the government.’
Ms Ingram-Moore also pocketed huge sums in expenses while running her father’s charity (Picture: PA)
As these loans did not appear on any financial statement before the start of the Covid-19 pandemic in March 2020, they are almost certain to be Covid loans.
During the pandemic, the government handed out ‘Bounce Back Loans’ to help struggling companies make up the shortfall for any drop in revenue due to the impact of the virus.
Yet despite taking out loans intended to help troubled businesses stay afloat during lockdown, Maytrix Group Ltd 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.
The filing also reveals 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).
The family were also ordered to demolish a pool and spa complex (right) built under the charity’s name (Picture: PA)
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.
The news comes after the Ingram-Moores were ordered to demolish a spa and pool complex at their million-pound Bedfordshire home after it was found they applied for planning permission under their charity’s name.
Hannah reportedly told planners she wanted to build an office for the charity set up in her father’s name- but instead built a 50ft by 20ft pool house with changing rooms, toilets and showers.
Captain Tom Moore rose to prominence during the first Covid lockdown when he captured the nation’s hearts by raising over £39 million for the NHS by walking laps around his garden for charity in the run-up to his 100th birthday.
After being knighted and awarded a Pride of Britain award for his efforts, Captain Tom eventually passed away in February 2021, shortly after turning 100.
But since his passing the charity foundation setup in his name has been embroiled in a number of controversies.
In May 2022, a probe was launched by a watchdog over concerns regarding the charity’s accounts, after it was revealed the foundation tried to appoint Mrs Ingram-Moore as its CEO on a six-figure salary and spent roughly a tenth of all money raised on consultancy fees.
The Charity Commission said last year it also had concerns about ‘arrangements between the charity and a company linked to the Ingram-Moore family’.
Representatives of the Ingram-Moores have been reached for comment.
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Hannah Ingram-Moore also pocketed tens of thousands of pounds in expenses while running her father’s £39 million charity foundation.
