McCann (Pic: PA
The fund supporting the search for missing Madeleine McCann dwindled to
£125,000 last year, official accounts show.
The amount raised for Madeleine's Fund, set up by parents Kate and Gerry
McCann, dropped from £233,099 in 2009-10 to £177,534 in 2010-11.
At the end of March last year the balance stood at £125,175, down from
£470,034 a year earlier, according to newly-published accounts filed
with Companies House.
The McCanns, both 43, from Rothley, Leicestershire, had feared that the
dwindling fund would leave them unable to continue paying private
detectives to search for Madeleine.
To avoid this Mrs McCann published a book about their daughter's
disappearance in May last year, with all proceeds from sales and a
serialisation deal with The Sun and the Sunday Times going to support
Gerry McCann set up Madeleine's Fund to help the search for
their missing daughter
The fund's directors wrote in a preface to the 2010-11 accounts: "Over
the past financial year, as with the previous one, the costs of the
search continued to be higher than the fund's annual income.
"Income, particularly donations, has been lower than in previous years,
as might be expected.
"It became apparent to the directors that without a significant
financial boost, the fund would be empty by the end of spring 2011.
"In view of this, Kate McCann made the decision to write a book about
Madeleine's disappearance and her parents' search to find her."
Kate and Gerry
McCann launched a fresh appeal at Christmas
Madeleine's Fund was launched a fortnight after the little girl vanished
from her family's holiday 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
More than £487,000 was spent on the campaign to locate Madeleine and
merchandise costs in 2010-11, the accounts show.
Last year the fund paid for the private investigators, a 24/7 telephone
hotline for the public to pass on information, an ongoing
awareness-raising campaign and three fundraising events.