In my opinion (professional) It requires both (no one more than the other), As it is a document that can be used in conjunction with legal requirements it needs the specifics (coding), but I totally agree also that one needs a customer/recipient to understand, so also, a clear explanation is required.Can I mention once again that there should not be regulation numbers on a condition report it should be written for the client to understand. No one expects the client should look up 18th edition to see what's up. Write "no RCD protection on ring. Bathroom light does not comply with regulations, fault on lighting circuit. " not numbers of regulations simple language
Separately and with regard to the second cu in the garage, is only one cu covered in the limitations? (probably not) however the listed limitations are essential in any EICR, I'd say without them it is a 100% inspection (it's all in amendment 3).