A connected person refers to individuals or entities that are related to a director under the Companies Act, with implications for disclosure requirements.
Directors' interests refer to the interests held by directors in the shares and debentures of the company of which they are a director. These interests extend to options on shares and debentures and must be disclosed to comply with the Companies Acts.
Donations for political or charitable purposes made by an organization. Under the Companies Act, a disclosure of such a donation has to be made by companies that are not wholly owned subsidiaries and have given in aggregate more than £200 in the financial year.
A business segment for which information is required to be disclosed in financial reports, as dictated by accounting standards and regulations.
