Liability is unlimited and there's no provision in law for being a single person or small group of volunteers. You'll be held to the same standards as a behemoth with full time lawyers (the stated target of the law but the least likely to be affected by it)
http://www.antipope.org/charlie/blog-static/2024/12/storm-cl...
The entire law is weaponised unintented consequences.
https://www.ofcom.org.uk/online-safety/illegal-and-harmful-c...
"We’ve heard concerns from some smaller services that the new rules will be too burdensome for them. Some of them believe they don’t have the resources to dedicate to assessing risk on their platforms, and to making sure they have measures in place to help them comply with the rules. As a result, some smaller services feel they might need to shut down completely.
So, we wanted to reassure those smaller services that this is unlikely to be the case."
This is the flimsiest paper thin reassurance. They've built a gun with which they can destroy the lives of individuals hosting user generated content, but they've said they're unlikely to use it.