Captain Tom’s daughter and husband’s firm now valued at just £149
A firm run by the daughter and son-in-law of Captain Sir Tom Moore has registered a fall in net assets of more than £330,000.
Club Nook Ltd’s newly published accounts follow a highly critical official report about Hannah Ingram-Moore and husband Colin’s handling of affairs at a charity in the World War Two veteran’s name.
The firm had just £149 in net assets — everything a company owns minus its debts — in the year ending April 2024, down from £336,300 in the previous 12 months, the unaudited financial statements show.
More than £67,000 was owed to creditors in the most recent period, compared with £6,518 before, according to the balance sheet.
The couple set up Club Nook after Captain Tom rose to fame with his record-breaking fundraising, which began as he completed 100 circuits of their garden for his 100th birthday at the height of the Covid lockdown.
In November, the firm was named in a two-year Charity Commission investigation into the Captain Tom Foundation, which was established to continue his legacy of goodwill.
Hannah Ingram-Moore and her husband Colin Ingram-Moore launch the Captain Tom 100 challenge at Lord’s (Picture: Jed Leicester/Shutterstock)
The couple made ‘repeated failures’ at the helm of the charity, according to the inquiry. The report found a misleading implication that donations from book sales would be made to the foundation.
An advance of almost £1.5 million was paid to Club Nook, where the Ingram-Moores are directors, for a three-book deal and none went to the foundation, the regulator said.
Captain Sir Tom Moore at his home in Marston Moretaine, Bedfordshire, after he achieved his goal of 100 laps of his garden (Picture: Joe Giddens/PA Wire)
The couple responded by branding the inquiry ‘unjust and excessive’ and insisted they ‘never took a penny’ from public donations.
The foundation was set up to spread the generosity shown by the centenarian among a wide range of good causes. He raised £38.9 million for NHS Charities Together, a separate charity, with the 100 laps in 2020.
The millions donated to NHS Charities Together before the foundation was formed were not part of the commission’s inquiry.
Hannah Ingram-Moore has spoken of being trolled online in relation to her family’s charitable and business enterprises (Picture: PA)
The national figurehead died in February 2021, after which his family continued the high-profile fundraising campaign in his memory.
The Ingram-Moores have insisted that there has never been any impropriety in the way they have continued his goodwill.
Responding to the commission’s report, they said: ‘True accountability demands transparency, not selective storytelling. We remain dedicated to upholding Captain Sir Tom’s legacy and want the public to know, that there has never been any misappropriation of funds or unauthorised payments from the charity’s bank account, by any member of our family.’