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											The Everton Football Club Company Limited.

												BALANCE SHEET AS AT 2nd MAY, 1936.

					LIABILITIES.			 				1935				ASSETS.								1936
		1935								1936			   £	s.  d.	   £	s.  d.						  £	s.  d.	   £	s.  d.
		 £	s. d.					 £	s.  d.	£   s.  d.						Freehold Land, including Free-
				Nominal Capital £2500, in 2500									 	 hold Messuages Nos. 2 to 48
		2500	0  0	 Shares of £1 each..............2500	 0  0							 	 Gwladys Street, Nos. 4 to 32
																 	 and 1 to 23 Goodison Avenue,
				Issued Capital—											 	 2 to 10 Goodison Road, 207
				 2210 Shares issued and allotted									 to 209 and 221 to 223 Walton
																	 Lane at cost less depreciation,
				   on which 15/- per Share has								27790   1   5	 as at May 4th, 1935 ...........	25890   0    0
															 1900	1   5	Less amount now written off ...		 1890   0    0
		1657   10  0       been called and paid up...	1657	10  0				25890   0   0  _____________						_______________  24000   0   0
				  290 Bonus  Shares issued and										Stands, Hoardings and Erections,
		 290	0  0	   allotted to Old Members...	 290	 0  0								  &c., at Goodison Park at cost
		____________	 _____				______________								  less depreciation, as at 4th
		1947   10  0	 2500						1947 10 0				17337	13  1	  May, 1935........................	15582	 9   8
																	Less amount now written off
															 1755	 3  5	  for depreciation ................	 1576	 8  11
													15582	9   8	_______________						______________	 14006	 0   9
		7515   18 11	Sundry Creditors...........................      471  5 0		_____________										______________
													41472	9   8			Sundry Debtors, as valued by				 38006	 0   9
													 1505	0   5                     the Directors.....................			   541	 5  10
		 175	0  4	Unclaimed Dividends...........................	 183  7 4		   13	5   0			Sundry Deposits ....................			    13	 5   0
															  175	 0  4	Midland Bank, Ltd-Dividend A/c		  183	 7  4
															18275	11  9			   General A/c		 4018	14  7
		59410  18  3	Balance to Credit of Profit and Loss Account	47802 5 1		18450	12  1   _______________						_____________	  4202	 1  11
																	Investment £7500   3½% War
															 7525	 8   0	  Loan at cost...................	 7525	 8  0
															   80	15   3	4% Consolidated Loan at cost.....	   80	15  3
													 7606	 3  3    ______________						 _____________	 7606	 3   3
													    1	17  1			Cash in hand ....................			   35	10   8
		_____________							___________	        ______________										_____________
		£69049	7  6							£50404 7 5		£69049	 7  6										£50404	 7   5
		_____________							___________	        ______________										______________

				Signed on behalf of the Board,  W. C. CUFF}
								A. COFFEY}	Directors.							THEO. KELLY, Secretary.

		AUDITORS' REPORT TO THE MEMBERS OF THE EVERTON FOOTBALL CLUB COMPANY LIMITED.
			We have examined the Accounts of the Company and the Balance Sheet as at 2nd May, 1936, as set out above, and in accordance with the Companies'
		Act, 1929, beg to report that:—
			(a) We have obtained all the information and explanations we have required; and
			(b) In our opinion such Balance Sheet is properly drawn up so as to exhibit a true and correct view of the state of the Company's affairs, according
				to the best of our information and the explanations given to us and as shewn by the Books of the Company.

		30 NORTH JOHN STREET, LIVERPOOL,											T. THEO. ROGERS, BOWLER & CO.,
			5th May, 1936.														Chartered Accountants.