Captain Sir Tom Moore’s daughter’s company is alleged to have spent thousands of pounds in Covid loans on third-party consultancy expenses and other costs – despite making vast profits.
Matrix Group Ltd run by Hannah Ingram-Moore, took in £227,532 in 2020. That figure is more than double what they took in the year before – £104,381 – according to records.
According to the firm’s latest account, the company owed two separate ‘Bounce Back Loans’, which were meant to aid businesses that had been adversely impacted by the pandemic.
One was for £10,000 and the other was for £37,500, both of which needed to be paid back within 12 months.
The Companies House website said: “The loans are guaranteed by the government.” These loans were not on any financial statement before the pandemic hit in March 2020 and on the financial statement dated up to August 31, 2021.
For the period of May 2020 to May 2021, the website adds that: “During the period payments of £37,942 were made to Maytrix Group Limited, a company under the joint control of DC Ingram-Moore and H Ingram-Moore, 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 the Maytrix Group Limited on behalf of the charitable company, and reimbursed when sufficient funds were available. H Ingram-Moore and D C Ingram-Moore are also directors of Maytrix Group Limited.”
This comes as the foundation revealed it had stopped taking donations, as the Charity Commission continues its investigation over allegations the family were personally raking in cash by using war hero Sir Tom’s name.
It has previously been reported that Ms Ingram-Moore recently constructed a pool and spa at her home in Marston Moretaine, Bedfordshire.
Her father, who served in World War Two, raised £38m for the NHS during the Covid crisis.
Ms Ingram-Moore applied for planning for a Captain Tom Foundation Building to be built on her ground. However, after this, she reportedly applied for retrospective planning permission having changed the building.
She has been ordered to tear down the building, which neighbours call an “eyesore”.
Earlier this month, the Captain Tom Foundation Building said: “At this moment in time, the sole focus of The Captain Tom Foundation is to ensure that it cooperates fully with the ongoing Statutory Inquiry by the Charity Commission.”
It added: “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.
“In the meantime, on behalf of the trustees of The Captain Tom Foundation, we wish to extend a warm thank you to all our supporters who have enabled us to help charities that were close to Captain Sir Tom’s heart.”
