879
. THE .
Everton Football Club Company Ltd.
Reports of Directors to the Fifty-Third Annual General Meeting of
the Company to be held on Friday, the 17th June, 1932.
The Directors have pleasure in submitting the Accounts of the Company
for the Year ending 7th May, 1932, and beg to report thereon as follows:
The Year's Profit as shown by the Income and Expenditure
Account is ... ... ... ... ... £10166 8 7
The Income from Properties as per Profit and Loss A/c is... 911 12 5
The Income from Investments is ... ... ... ... 128 4 6
___________
11206 5 6
To this should be added the Balance brought
forward from last year ... £50146 7 8
Less Dividend paid out last year of ... 113 4 4
__________ 50033 3 4
__________
61239 8 10
The Directors have made provision in the Accounts for
Depreciation amounting to... ... ... 2424 2 4
__________
Leaving a Balance of ... ... ... ... 58815 6 6
Out of this Balance the Directors recommend payment of a
Dividend at the rate of 7½% per annum less Tax,
amounting to ... ... ... ... 109 10 11
___________
The amount carried forward to next year being ... ... £58705 15 7
___________
The retiring Directors are MESSRS. H. BANKS, W. C. GIBBINS and C. HAYES,
who are eligible and offer themselves for re-election. No other Nominations having
been received these three gentlemen will accordingly be declared elected for the
ensuing three years.
The Transfer Books of the Company will be closed until the 18th
day of JUNE, 1932.
W. C. CUFF, Chairman
ATTENDANCE OF DIRECTORS AT ORDINARY MEETINGS:
NUMBER OF MEETINGS, 46.
Mr. H. BANKS ... ... 46 Dr. C. S. BAXTER ... 42
" W. C. GIBBINS ... 46 Mr. C. HAYES ... ... 42
" A. R. WADE ... 46 " J. SHARP ... ... 40
" E. GREEN ... ... 45 " A. COFFEY .. ... 31
" W. C. CUFF ... ... 43
In addition to above 15 Emergency and sub-Committee Meetings were held.
