THE
Everton Football Club Company Ltd.
Report of Directors to the Fifty-Second Annual General Meeting of
the Company to be held on Thursday, the 28th May, 1931.
The Directors have pleasure in submitting the Accounts of the Company
for the Year ending 2nd May, 1931, and beg to report thereon as follows:
The Year's Profit as shown by the Income and Expenditure
Accounts is ... ... ... £9755 17 7
The Income from Properties as per Profit and Loss A/c is ... 896 10 2
The Income from Investments is ... ... ... 128 4 6
___________
10780 12 3
To this should be added the Balance brought
forward from last year ... ... £42056 5 4
Less Dividend paid out last year of ... 113 4 4 41943 1 0
______________
52723 13 3
The Directors have made provision in the Accounts for
Depreciation amounting to ... ... ... 2577 5 7
______________
leaving a Balance of ... ... ... 50146 7 8
Out of this Balance the Directors recommend payment of a
Dividend at the rate of 7½% per annum less Tax,
amounting to ... ... ... ... 113 4 4
______________
The amount carried forward to next year being ... ... £50033 3 4
______________
The retiring Directors are MESSRS. C. S. BAXTER, E. GREEN and A. R. WADE,
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 29th
day of May, 1931.
W. C. CUFF, Chairman.
ATTENDANCE OF DIRECTORS AT ORDINARY MEETINGS:
NUMBER OF MEETINGS, 45.
Mr. H. BANKS ... ... 45 Mr. J. SHARP ... ... 42
" E. GREEN ... ... 45 Dr. C. S. BAXTER ... 41
" W. C. GIBBINS ... 44 Mr. A. COFFEY ... ... 31
" A. R. WADE ... 44 " C. HAYES ... ... 26 (Co-opted
18/11/30)
" W. C. CUFF ... 43 " W. J. SAWYER ... 11 (Resigned
18/11/30)
In addition to above 14 Sub-Committee Meetings were held.
