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											The Everton Football Club Company Limited.

											BALANCE SHEET AS AT 4th MAY, 1935.

					LIABILITIES.			 				1934				ASSETS.								1935
		1934								 1935			£	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 t0 223 Walton
													27790	1   5			 Lane at cost.....................	27790   1   5
				   on which 15/- per Share has
																	Less amount written off.........    	 1900   1   5
		1657   10  0       been called and paid up...	1657	10  0													______________ 25890	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 5th
		1947   10  0	 2500						1947	10   0				19292	 1  0	  May, 1934........................	17337	13  1
																	Less amount now written off
															 1954	 7  11	  for depreciation ................	 1755	 3  5
													17337	13  1	_______________						______________	15582	9   8
		 398	2  1	Sundry Creditors...........................     7515	18   11		_____________										______________
													45127	14  6			Sundry Debtors, as valued by				41472	9   8
													  477	15  9                     the Directors.....................			 1505	0   5
		 167	18 3	Unclaimed Dividends...........................	 175	 0    4		   20	15  0			Sundry Deposits ....................			   13	5   0
															  167	18   3	Midland Bank, Ltd-Dividend A/c		  175	 0  4
															10580	14   1			   General A/c		18275	11  9
		56342	 6 0	Balance to Credit of Profit and Loss Account	59410	18    3		10748	12  4   _______________						_____________	18450	12  1
																	Investment £7500   3½% War
															 2375	 0   0	  Loan at cost...................	 7525	 8  0
															   80	15   3	4% Consolidated Loan at cost.....	   80	15  3
													 2455	15  3    ______________						 _____________	 7606	 3  3
													   25	 3  6			Cash in hand ....................			    1	17  1
		_____________							________________	______________										_____________
		£58855	16 4							£69049	 7   6		£58855	16  4										£69049	 7  6
		_____________							________________	______________										______________

				Signed on behalf of the Board,  W. C. CUFF}
								A. COFFEY}	Directors.							THOS. H. McINTOSH, 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 4th May, 1935, 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.,
			7th May, 1935.														Chartered Accountants.