PRESS ASSOCIATION: FRIDAY 17 DECEMBER 2010
By Sam Marsden,
Press Association Chief Reporter
17 December 2010
Kate and Gerry McCann's
to help find their missing
saw its income drop by nearly two-thirds last year.
The amount raised for the cause fell from £629,181 in 2008-09 to
£233,099 in 2009-10, newly-published accounts filed to Companies House
More than £421,000 was spent on the campaign to locate Madeleine and
merchandise costs last year, leaving the balance standing at £470,034 at
the end of March.
both 42, from Rothley, Leicestershire, spoke last month of their fears
that the dwindling of the fund would leave them unable to continue
private detectives to search for their daughter.
Since then they have signed a lucrative deal to write a
Madeleine's disappearance, with all proceeds going to the fund.
was launched a fortnight after the little girl vanished from her
apartment in Praia da Luz, southern Portugal, on May 3 2007.
Donations flooded in from supporters around the world who wanted to do
something to help her parents, and the income for 2007-08 totalled
Last year the fund paid for the private investigators, a telephone
hotline for the public to pass on information and the McCanns' legal
battle to ban a book about what happened to Madeleine by former
Portuguese detective Goncalo Amaral.
The fund's directors wrote in a preface to the 2009-10 accounts: "We
continue to have a number of loyal donors supporting the search for
Madeleine. For this we are grateful.
"As expected, income in the new financial year is lower than last year
and we continue to review all our expenses to ensure value for money.
"An event held early in 2010 was successful in raising much-needed
income to add to the decreasing funds.
"As anticipated, the costs of the search during the year continue to be
higher than the annual income."