Less than two weeks after Madeleine McCann disappeared, the family
and friends of the McCann family set up a company called Madeleine's
Fund: Leaving No Stone Unturned Limited. Without properly setting clear
objectives and policies from the start, the company was set to become
the vehicle for the "official" find Madeleine campaign—whatever
that actually meant. It has become a typically British thing to have
financial campaigns to assist people in well publicised times of need.
Usually there is no specific company set up to do this. The British
banks are past masters of setting up and administering bank accounts
for needy causes and tend to do so without intervention by outsiders.
What made the Madeleine Fund and subsequent campaign so distasteful
to many is that little of the money has been used for its intended
purpose which was to find Madeleine. The company has several
family members on its board of directors and this and many other
factors have helped to fuel rumours as to the
integrity of the management and disbursement of the donated money.
Also, it is unknown who the shareholders are as they have never been
divulged. The bottom line is a lot of benefactors
would like to have actually seen some real stones turned over by the
McCanns in the search for Madeleine.
What do you think about the Madeleine Fund?
THE COMPANY
Madeleine's
Fund: Leaving No Stone Unturned Limited registered number 06248215
is registered in England at 2/6 Cannon Street, London, EC4M 6YH.
Their VAT number is GB 243 8054 69. That
address is where the company's solicitors
Bates Wells &
Braithwaite London LLP (BWB) are based. In addition to providing
legal services for the company, BWB also provides the function of
company secretary. The company is classified as a "PRI/LTD by
GUAR/NSC"
Company (Private, limited by guarantee, no share capital) and its
nature of business is defined as (SIC(03)). The company accounting
reference date is 31/March and the first accounts are due on 31 January
2009. The next Company Return is due on 12 June 2008.
The company
auditors are Haysmacintyre, Fairfax House, 15 Fulwood Place,
London,WC1V 6AY. Instead of using local firms to perform the legal and
auditor duties, the directors have chosen to use
expensive, high-end, London based firms. In a situation where members of the public have
donated small amounts of money, it is not
unreasonable to question whether or not
it is prudent to be having such a lavish infrastructure in the running
of what is essentially a very small company. In
line with most things set up by the McCanns since May 3, their
penchant for spending vast sums of money seems normal to them.
Madeleine's
Fund: Leaving No Stone Unturned Limited is NOT a charity. It is a
private company and as such, the directors can pay who they like
without having to follow any rules or guidelines. What donors may not
fully understand is that their money has effectively little or no
regulation on what or how it is spent. Yes, the company has published
policies dictating how the money can be used, but the directors are
not regulated by any outside body so they can create and modify
any policy to suit themselves. Apart from satisfying legal
requirements in terms of running a limited company, the directors and
company are answerable to nobody - especially the people who donated
good money to find Madeleine.
Directors
1. Peter Hubner; a retired consultant;
2. Brian Kennedy, a retired
head teacher;
3. John McCann, a medical
representative;
4. Esther McVey, managing director of a public relations &
communications company;
5. Doug Skehan, clinical director in cardiology at Glenfield Hospital;
6. Philip Tomlinson, a retired solicitor and former coroner in
Leicestershire;
7. Michael Linnett, a retired accountant
The company secretary is also a company - BWB
Secretarial Services (see above).
Click the logo above to access the Companies House
website and page where you can access free information on any Limited
Company registered there.
Gerry McCann with his £75,000-a-year public relations
man Clarence Mitchell outside the£500,000 McCann home in Rothley,
Leicestershire, England.
WRISTBANDS & MERCHANDISE
The
Madeleine Fund accepted donations to help find missing Madeleine. One
vehicle used to advertise and raise her profile were the yellow wristbands
pictured on the left. The wristbands went on sale soon after the
company was formed and are still on sale via the company website for a
whopping
£2 each. This may not seem like a
lot of money but considering anyone can buy custom silicone wristbands
for less than 14 pence each, it is scandalous that the Madeleine Fund
are selling them at a profit of over 1300%.
MORTGAGE
At the end of October, Clarence Mitchell confirmed that
the Fund paid for two of the McCann's mortgage payments saying on the
Sky News site, "The fund has always had the ability to assist the
family financially if necessary, and they've only used it to pay for
two mortgage payments earlier this year. The story continued; the use
of donations had previously been called into question after it was
revealed about a third of the money had been used to meet the McCanns'
living costs, publicity fees and to pay staff.
Considering the McCanns are believed to earn in excess
of £120,000 a year it seems inconceivable that two high-earning
doctors should be so strapped for cash that they had to "raid the
cookie jar" to make two mortgage payments reported to total £4,000.
(Click
here to see the Sky News article). Why were two
supposedly wealthy doctors so hard up that they needed donations from
the public to pay for their mortgage and living expenses?
MADELEINE
TRADEMARK
Three days after the
company was set up, a trademark was registered with the UK
Intellectual Property Office. The trademark (number 2456061) is type "WO"
and is in classes 09, 16, 36 and 41. (Click
here to
view the trademark details and click
here for the FindMadeleine
website). It seems inconceivable that a few days
after your daughter goes missing, a parent would be in the frame of
mind to want to turn their daughter's eye defect into a trademark.
Here at TruthforMadeleine, we are trying to
establish the degree of satisfaction experienced with the fund and the
way it has been created and administered. If you have the time and
would like to participate in our survey, please fill out the form and
click the submit button. All information is held in total
confidentiality. Depending on the degree of participation in this
survey, it may be possible to create a sizeable petition. If so, we
will present the results to Madeleine Fund: Leaving No Stone Unturned
Ltd.
I (name):
Donated:
my email is:
Regarding the
use of the fund, I am:
totally
satisfied, satisfied,
unconcerned,
dissatisfied,
feel
conned
I would like:
nothing
- I am happy, a
public enquiry,
the
company to disclose its spending,
the
fund to be frozen