{
  "url": "https://openlegislation.uk/companies-summary-financial-statement-amendment-regulations-2002/note",
  "json_url": "https://openlegislation.uk/companies-summary-financial-statement-amendment-regulations-2002/note.json",
  "legislation": "uksi/2002/1780",
  "legislation_title": "The Companies (Summary Financial Statement) Amendment Regulations 2002",
  "legislation_url": "https://openlegislation.uk/companies-summary-financial-statement-amendment-regulations-2002",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note does not form part of the Regulations)\nThese Regulations amend the Companies (Summary Financial Statement) Regulations 1995 (S.I. 1995/2092) following the Introduction by the Directors' Remuneration Report Regulations 2002 (S.I. 2002/1986) of a requirement that certain companies should produce a directors' remuneration report. Certain of those companies which are permitted under section 251 Companies Act 1985 to produce a Summary Financial Statement will fall within the category of companies required to produce a directors' remuneration report.\nThese Regulations expand the disclosure required in a Summary Financial Statement to include either the whole or a summary of certain information concerning directors' remuneration contained in the notes to the accounts and in the directors' remuneration report.\nThe relevant information is the aggregate amount of directors' emoluments, a statement of the company’s policy on directors' remuneration, for the next following financial year; and the performance graph.\nThe aggregate amount of directors' emoluments will be contained in the notes to the company’s accounts whereas the other two items will be contained in the directors' remuneration report.\nThe requirements will apply to companies and groups, whether or not they are banking or insurance companies and groups.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2002/1780/note",
    "retrieved_at": "2026-10-29T06:53:06.179547+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}