独家: Prince Harry and Meghan Markle’s former Sussex Royal foundation still owes £78,500 to ‘not for profit enterprise’ despite couple raking in multi-million pound media deals
Meghan and Harry’s Sussex Royal foundation still owed a not-for-profit enterprise £78,500 – despite the couple raking in £118million in media deals.
Their former charity – which is currently in liquidation and renamed MWX – had still not paid off the cause, according to paperwork released today.
The creditor, 身份未知, made a claim for £213,000 to the foundation last year.
While Harry and Meghan paid it back £134,500 in the most recent financial period, documents published this week said the remainder was still outstanding.
When the Duke of Sussex started winding up the company last year he said all of its debts would be paid up in full in 12 月.
But it is understood 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.
He and Meghan currently have deals with Netflix, Spotify and publishers worth an estimated £118million so would have personal funds available to the pay the amount if necessary.
Meghan and Harry’s Sussex Royal foundation changed its name and started being wound up
Since then the pair have been frequently in the spotlight, including in this Oprah interview
They have also signed deals with media giants Spotify, pictured her in a publicity video for it
Their Archewell Foundation has also been launched in America, promising ‘compassion in action’.
MWX’s liquidator Adam Stephens reports: ‘We have received claims totalling £213,000 from one creditor, being in relation to the grant due to a not-for-profit enterprise.
‘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.
'然而, 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 告诉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.
Previously Harry, 梅根, Kate and William had been involved in the Royal Foundation
The Sussex Royal logo for the charity, which incorporate the letters H and M in the design
‘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.’
Last year the process to wind down MWX was started after the name change from Sussex Royal The Foundation of the Duke and Duchess of Sussex.
Documents filed at Companies House revealed Meghan and five other directors of the foundation had stepped down from their positions, leaving Prince Harry as the sole director.
Separate papers were filed announcing the ‘termination of appointment’ for six directors – HRH Duchess of Sussex, Gerald Tyrrell, Karen Blackett, Steven Cooper, Kirsty Jones and – Stefan Allesch-Taylor.
The terminations were all said to have happened on July 1, 2020, even though the date of the paperwork being submitted to Companies House was four weeks later.
It is believed that Prince Harry has remained as a director as the company needs at least one director as it heads into being dissolved.
A further document said that the registered office of the foundation was being changed from the address of Royal lawyers Harbottle & Lewis in Savoy Court, 伦敦, to the premises of accountants Smith & Williamson who are the administrators and are based in Moorgate in the City of London.
Harry and Meghan agreed to stop using their ‘Sussex Royal’ brand after officially stepping away from The Firm on April 1 去年.
Their departure – nicknamed Megxit – prompted talks with aides, which ended with the agreement that they would be unable to use the word ‘royal’ as part of any of new branding.
Paperwork published at the time about the winding-up of their ‘Sussex Royal The Foundation of the Duke and Duchess of Sussex’ cause said it would change its identity.
Companies House documents state: ‘The charity’s name be changed to the MWX Foundation’.
The papers also show the Sussex Royal Foundation had £99,000 in the bank and how it will cost £16,000 to wind up the good cause.
They also show that the charity was owed £200,00 from an unknown source.
The Sussexes established another company MWX Trading Ltd last August, naming their lawyer, Gerrard Tyrrell, as its secretary.
Natalie Campbell, who worked for their charitable foundation Sussex Royal, is the director.
They registered it at Companies House and have already used the business to apply for trademarks, which included the name Travalyst.
Sussex Royal was also the title of their Instagram page and their website, which still bear the name.
The couple used their social media to put out visits, talks and speeches the couple were attending and delivering.
After announcing they were launching a new charity Archewell in the US back in April, 2020, the couple said they were ‘looking forward’ to getting started with the foundation, which will replace their Sussex Royal brand.
Harry and Meghan also revealed the Greek word in the project Arche – meaning source of action – was the inspiration behind the name of their son Archie Mountbatten-Windsor.
A spokesman for Meghan and Harry did not respond to a request to comment about MWX and its creditor when contacted by MailOnline.