C10C3C4C5C6Part 15Accounts and reports
Pt. 15 applied (with modifications) (6.4.2008) by The Bank Accounts Directive (Miscellaneous Banks) Regulations 2008 (S.I. 2008/567), reg. 4, Sch. para. 1 (with Sch. para. 11)
Pt. 15 applied (with modifications) (6.4.2008) by The Partnerships (Accounts) Regulations 2008 (S.I. 2008/569), regs. 4, 7, Sch. Pt. 1
Pt. 15 applied (with modifications) (1.10.2009) by The Unregistered Companies Regulations 2009 (S.I. 2009/2436), regs. 3-5, Sch. 1 para. 16 (with transitional provisions and savings in regs. 7, 9, Sch. 2)
Pts. 1-39 (except for Pt. 7 and ss. 662-669), 45-47 extended (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), art. 5(1), Sch. 1 para. 2
C2C8 Chapter 4Annual accounts
Pt. 15 Ch. 4 applied (with modifications) (6.4.2008) by The Insurance Accounts Directive (Miscellaneous Insurance Undertakings) Regulations 2008 (S.I. 2008/565), reg. 3
Pt. 15 Ch. 4 applied (with modifications) (31.7.2015) by The European Grouping of Territorial Cooperation Regulations 2015 (S.I. 2015/1493), regs. 1(2), 7(1) (with reg. 11)
Information to be given in notes to the accounts
C7C1C9 410A F1Information about off-balance sheet arrangements
F21
If in any financial year—
a
a company is or has been party to arrangements that are not reflected in its balance sheet, and
b
at the balance sheet date the risks or benefits arising from those arrangements are material,
the information required by this section must be given in the notes to the company’s annual accounts.
2
The information required is—
a
the nature and business purpose of the arrangements, and
b
the financial impact of the arrangements on the company.
3
The information need only be given to the extent necessary for enabling the financial position of the company to be assessed.
F34
If the company is subject to the small companies regime in relation to the financial year (see section 381), it need not comply with subsection (2)(b).
5
This section applies in relation to group accounts as if the undertakings included in the consolidation were a single company.
Pt. 15 applied (with modifications) (8.12.2017) by The Risk Transformation Regulations 2017 (S.I. 2017/1212), regs. 1(2), 162, 163 (with reg. 189)