# The Small Companies and Groups (Accounts and Directors' Report) Regulations 2008, Paragraph 57: Guarantees and other financial commitments

Extent: E+W+S+N.I.

(1) The total amount of any financial commitments, guarantees and contingencies that are not included in the balance sheet must be stated.
(2) An indication of the nature and form of any valuable security given by the company in respect of commitments, guarantees and contingencies within sub-paragraph (1) must be given.
(3) The total amount of any commitments within sub-paragraph (1) concerning pensions must be separately disclosed.
(4) The total amount of any commitments within sub-paragraph (1) which are undertaken on behalf of or for the benefit of—
(a) any parent undertaking, fellow subsidiary undertaking or any subsidiary undertaking of the company, or
(b) any undertaking in which the company has a participating interest
must be separately stated and those within paragraph (a) must also be stated separately from those within paragraph (b).

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Source: https://www.legislation.gov.uk/uksi/2008/409/schedule/1/paragraph/57 (the official version)
Page: https://openlegislation.uk/small-companies-and-groups-accounts-and-directors-report-regulations-2008/schedule-1/paragraph-57
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.