CITIGROUP PARTICIPATION LUXEMBOURG LIMITED

• ⚠

  Material uncertainty over going concern

  As the Directors intend to liquidate the Company following the distribution of the remaining net assets, they have not prepared the financial statements on a going concern basis. The effect of this is explained in Note 1 - Principal accounting policies.

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  —

  Not reported

• Cash

  -31.2%

  £6,674,142 → £4,594,453

• Net assets

  -3%

  £72,990,207 → £70,774,464

• Employees

  —

  Not reported

• Operating profit

  +5,038.8%

  -£471,705 → £23,296,703

• Profit before tax

  +5,038.8%

  -£471,705 → £23,296,703

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“As the Directors intend to liquidate the Company following the distribution of the remaining net assets, they have not prepared the financial statements on a going concern basis. The effect of this is explained in Note 1 - Principal accounting policies.”

Group structure

1. CITIGROUP PARTICIPATION LUXEMBOURG LIMITED · parent
   1. Cititrust (Cayman) Limited 100% · Grand Cayman, Cayman Islands · Trust Company
   2. Cititrust (Bahamas) Limited 100% · Nassau, Bahamas · Trust Company
   3. Cititrust (Switzerland) Limited 100% · Zurich, Switzerland · Trust Company
   4. Cititrust (Jersey) Limited 100% · Jersey, Channel Islands · Trust Company
   5. Citigroup (Channel Islands) Limited 100% · Jersey, Channel Islands · Trust Company

Significant events

• “On 25 April 2025 the Board of Directors approved the proposed distribution of Cititrust (Bahamas) Limited to CPLL, the Board of Directors also approved the sales of Cititrust (Bahamas) Limited and Citigroup (Channel Islands) Limited. Consequently on 30 April 2025 the Company has sold its investment in these subsidiaries to Citi Overseas Investment Bahamas Inc.”
• “On 13 September 2024 the Board of Directors approved the proposed sale by the Company of its interests in each of the following: Cititrust (Bahamas) Limited, Cititrust (Cayman) Limited, Cititrust (Jersey) Limited and Cititrust (Switzerland) Limited. Consequently on 1 July 2025, the Company sold its investments in these subsidiaries to JTC, a third-party buyer.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.