THE
778
Everton Football Club Company Ltd.
Report of Directors to the Sixty-third Annual General Meeting of
the Company to be held on Thursday, the 2nd July, 1942.
The Directors in submitting the Accounts of the Company for the Period
ending 30th May, 1942, beg to report thereon as follows—
The Balance to credit of Profit and Loss
Account brought forward from last
year amounted to ... ... ... £34337 1 5
Add Income from Properties ... ... 607 10 1
Add Income from Investments ... ... 3 4 6
_________ 610 14 7
Add Excess of Income over Expenditure ... 1270 17 2
__________
36217 17 2
Less Payments (on account) in respect of
War Damage ... ... ... ... 398 2 9
Less War Damage Contribution on Houses
and War Damage Insurance ... ... 101 2 0 499 4 9
_________ ___________
35718 12 5
The Directors have made provision in the Accounts for
Depreciation, amounting to ... ... ... ... 3786 0 0
__________
Leaving a Balance carried forward of ... ... ... £31932 12 5
____________
The Directors desire to record with very great regret, the loss sustained
by the Company, through the death of Mr. Andrew Coffey and Alderman A. Gates.
Mr. Coffey was in his 30th year as a Director, and Mr. Gates joined the Board
in 1938. In their respective service, they gave of their best. Both were due
for re-election this year, along with MR. W. C. CUFF, who is eligible and offers
himself for a further period of service, which will bring his association with the
management of the Club to the 50 years mark.
Nominations have been received on behalf of MESSRS R. E. SEARLE, C. C.,
of Sefton Street, Liverpool, and R. R. TURNBULL, Dowhills Road, Blundellsands.
There being three vacancies, these gentlemen will accordingly be declared
elected for the ensuing three years.
The Auditors, MESSRS. T. THEODORE ROGERS, BOWLER & Co. retire and
offer themselves for re-election.
The Transfer Books of the Company will be closed until the 3rd day
of JULY, 1942.
W. C. GIBBINS, Chairman.
ATTENDANCE OF DIRECTORS AT ORDINARY MEETINGS:
NUMBER OF MEETINGS, 6.
Mr. W. C. GIBBINS ... ... 6 Mr. W. C. CUFF ... ... 2
Dr. C. S. BAXTER ... ... 6 Mr. E. GREEN ... ... 2
Mr. W. R. WILLIAMS ... ... 6 Capt. T. PERCY ... ... 1
Mr. G. EVANS, J. P ... ... 3 Mr. A. COFFEY (decd. 12/2/42) 1
Alderman A. GATES, J. P. (decd. 23/5/42) ... 0
In addition to above 6 Emergency and Sub-Committee Meetings were held.
