.THE. 30
Everton Football Club Company Ltd.
Report of Directors to the Fifty-Fifth Annual General Meeting of
the Company to be held on Friday, the 15th June, 1934.
The Directors have pleasure in submitting the Accounts of the Company
for the Year ending 5th May, 1934, and beg to report thereon as follows:
The Balance to credit of Profit and Loss
Account brought forward from last year
amounted to ... ... ... ... £59780 14 7
Less Dividend paid June, 1933 ... ... 109 10 11
_____________ 59671 3 8
Less Excess of Expenditure over Income
as shown by Accounts ... ... 2401 7 6
Deduct Income from Properties £936 3 3
Deduct Income from Investments 90 14 6
_________ 1026 17 9
____________ 1374 9 9
___________
58296 13 11
The Directors have made provision in the Accounts for
Depreciation amounting to ... ... ... ... 1954 7 11
___________
56342 6 0
Out of this Balance the Directors recommend payment of a
Dividend at the rate of 7½ % per annum less income Tax
at 4/6 in the £, amounting to ... ... ... 113 4 0
___________
Leaving a Balance carried forward of ... ... ... £56229 2 0
___________
The retiring Directors are MESSRS. DR. 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 16th
day of JUNE, 1934.
W. C. CUFF, Chairman.
ATTENDANCE OF DIRECTORS AT ORDINARY MEETINGS:
NUMBER OF MEETINGS, 44.
Mr. W. C. GIBBINS ... 44 Mr. G. EVANS ... ... 41
" A. R. WADE ... 44 Dr. C. S. BAXTER ... 40
" E. GREEN ... ... 43 Mr. A. COFFEY ... ... 32
" J. SHARP ... ... 42 " H. BANKS ... ... 20
" W. C. CUFF ... ... 41
In addition to above 10 Emergency and Sub-Committee Meetings were held.
