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Commonsense tells me which items are high risk and low risk. Since a timeline doesn’t seem to be given, I would think I can space repairs/replacements over a period knowing the risks involved. No-one has fallen over the balustrades in 50 years and I imagine I can delay that a while and put it down the priority order. Not saying don’t do them but not feeling the need to organise replacements next week.
I get you’re in for trouble if someone does have an accident but it’s a matter of willing to take that risk with the low risk items on the report.
My thinking was if having the report done triggers some kind of automatic follow up to see if all the work was carried out even if no incident has been reported.