Meghan and Harry’s Sussex Royal foundation ‘still owes creditor £78k’ – reports

Meghan Markle and Prince Harry's Sussex Royal foundation still owes a not-for-profit enterprise £78,500, it has been reported.

The Sussexes' former charitable foundation has officially entered the process of solvent liquidation and been renamed the Markle Windsor Foundation (MWX) following their decision to step back from their royal duties.

Harry and his wife Meghan Markle announced on January 8 last year that they would step back from senior positions within the Firm following talks at Sandringham with Prince Charles, Prince William, and the Queen.

The Duke and Duchess of Sussex have since relocated with their son, Archie, to California, where they have since been joined by newborn daughter Lilibet.

Following the move, the couple agreed to no longer use the word "royal" in conjunction with their work and so the foundation was renamed.

Now Mail Online reports that a creditor, whose identity is not known, made a claim for £213,000 following the charity's liquidation, but has so far only been paid back £134,500.

The company was dissolved on August 5, 2020, with Prince Harry saying at the time that all of its debts would be paid up in full in 12 months.

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Mail Online reports the hold-up is down to the Charity Commission’s now-closed investigation into MWX.

The probe was over how it transferred £151,855 to Harry’s sustainable travel outfit Travalyst. Charity Commission investigators found it had done nothing wrong in May this year.

MWX’s liquidator Adam Stephens said: "We have received claims totalling £213,000 from one creditor, being in relation to the grant due to a not-for-profit enterprise.

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"This claim has been admitted in full and part paid in the sum of £134,500 during the reporting period.

"The charity has sufficient funds to settle the claim in full and final dividend is to be made shortly to pay the remaining balance.

"There were sufficient funds to enable the claim received in the liquidation to be settled in full within 12 months of the liquidation.

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"However, during the liquidation period the Charity Commission requested information concerning the charity and this was provided.

"The enquiries have now been finalised, HMRC has provided tax clearance and the final dividend will shortly be paid to the unsecured grant creditor."

Accounts expert Rob Leach told MailOnline: "The company has admitted the claim in full and have paid just over half of it and they say they are going to pay the rest.

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"It could even have been paid by now. This one creditor, they are entitled to a grant from the charity.

"In liquidation you have to pay all your bills. As this is a voluntary liquidation they have enough to pay everyone."

Daily Star has approached the Sussexes' Archewell representative for comment.

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