s 410A Information about off-balance sheet arrangements
(1) 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. (4) 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.