Captain Tom Moore's daughter's company suffers £145,000 drop in assets over last financial year,...
The assets of a business owned by Captain Tom Moore's daughter went down by over £145,000 in value over the past year.
In April 2020, Hannah Ingram-Moore officially founded Club Nook Ltd. Interestingly, this occurred just days before the Captain Tom Foundation was established and her spouse David also became a director of the latter organization.
While the ongoing argument persists regarding how the couple managed the funds raised by the war hero, recent documents reveal that Club Nook has experienced a decline in its financial situation.
The company's total value decreased by £116,268 as its net assets dropped from £482,268 in 2021/22 to £366,000 in 2022/23. This information was disclosed in unaudited micro accounts filed on Companies House on the previous Friday.
Last year, Mrs Ingram-Moore revealed that Club Nook received profit amounting to £800,000 from the sales of Captain Tom's three books.
Hannah Ingram-Moore established Club Nook Ltd in April 2020, a mere two weeks before the formation of the Captain Tom Foundation to oversee her father's fundraising legacy.
Last year, Mrs. Ingram-Moore acknowledged that Club Nook had received profits amounting to £800,000 from the sales of Captain Tom's three books.
According to recently filed unaudited micro accounts at Companies House, the company's net assets decreased from £482,268 during 2021/22 to £366,000 in the following year, which is a decrease of £116,268.
During an interview on TV, she stated that her dad desired his kin to retain the earnings from the books "Captain Tom's Life Lessons," "One Hundred Steps," and "Tomorrow Will Be A Good Day." Additionally, she argued that the readers were never informed that the profits would be donated to a charitable cause.
However, the third book's introduction, which is an account of the author's life, challenges this belief. It hints that the experienced writer might have viewed his books as a means to collect funds.
The passage says: 'Surprisingly, even though I'm not young anymore, the opportunity to compose my life story has presented me with the possibility to collect additional funds for the foundation that has been formed with my moniker.'
On its inaugural year, Club Nook earned a revenue of £809,000. When all debts were settled, the company's remaining balance was almost £500,000, as stated in their financial records.
At present, the Charity Commission is carrying out an investigation on the Captain Tom Foundation, which was established to oversee the funds raised in his memory.
Earlier this year, the charity rejected a request to hire Mrs Ingram-Moore as their chief executive at a yearly salary of £100,000. However, she was subsequently recruited on a temporary basis as interim CEO for nine months for a corresponding yearly salary of £85,000.
People have criticized Mrs Ingram-Moore for receiving £18,000 as a judge for a charity award and presenting a plaque, while the foundation only received £2,000.
In October, during an interview with Piers Morgan, a woman who is a mother of two children confessed to receiving payment for attending and serving as a judge for 'The Virgin Media O2 Captain Tom Foundation Connector Award' despite being in charge of the foundation.
She mentioned that her association with Virgin Media commenced as early as 2020. Her father was given remuneration for serving as a judge, which is a common practice.
It has been recently reported that the foundation will be closed down once the investigations by the Charity Commission are completed.
The family of Captain Tom has received funds from diverse sources such as prize ceremonies, Covid loans, and book profits.
In the last part of the year 2020, Captain Tom Moore took a vacation to Barbados along with his grandchildren Benji and Georgia. Accompanying him were his daughter Hannah Ingram-Moore and her spouse Colin.
At the same time as a meeting to discuss plans, authorities declared that the unsanctioned spa, constructed by Captain Tom's relatives in their backyard and worth two hundred thousand pounds, must be destroyed.
In 2021, Hannah and Colin requested to construct a building for the Captain Tom Foundation on their property in Marston Moretaine, Bedfordshire. Their home has a value of £1.2 million.
The approval for the L-shaped structure was granted, however, Central Bedfordshire Council denied the request for a C-shaped building that had a spa pool in a later application in 2022.
Authorities issued a legal order mandating that the spa had to be demolished, but the family lodged an appeal and a hearing took place in October.
Last month, the Planning Inspectorate refused the appeal and informed the family that they had six weeks to request a judicial review. The authority later confirmed that the family did not submit an appeal before the deadline expired.
During a hearing at the Planning Inspectorate in October, Ms Ingram-Moore stated that the unauthorized spa was meant for regular rehabilitation sessions and social gatherings for the elderly community in the area, and not for the benefit of her family.
The submission for approval of the blueprint for the annex specified that it was intended to serve as office area for the Captain Tom Foundation.
Many people thought that the area would serve as a gathering place where numerous cards and presents sent by supporters could be stored.
The Central Bedfordshire Council approved the construction of the C-shaped structure, but rejected the retroactive application in 2022 for a bigger building with a private spa pool, washrooms, and kitchen.
The planned extension was named the Captain Tom Building, but it quickly became clear that the actual structure being built looked nothing like the approved design.
After receiving complaints from people who live nearby, the authorities visited the site in March 2022. However, the official responsible for planning reported that the windows were blocked and they couldn't get inside the building.
The local authorities are adamant that the structure, shaped like the letter "C", which was erected over a tennis court, exceeded the approved size by 49% and thus needs to be demolished.
Not too long ago, the family of Captain Tom received a directive to demolish a spa complex which they had constructed without authorization. This complex was located on their property which is estimated to be worth £1.2 million.
Originally, the plan for the building did not include a fancy spa pool. However, the attempt to get permission for it after the fact was refused.