The Everton Football Club Company Limited. BALANCE SHEET AS AT 18th MAY, 1946. CAPITAL AND LIABILITIES. PROPERTY AND ASSETS. 1945. May 18th, 1946. 1945. May 18th, 1946. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. NOMINAL CAPITAL- FIXED ASSETS- 2500 0 0 2500 Shares of £1 each .... .... .... 2500 0 0 Freehold Land, including Freehold Messuages at Goodison Av., Goodison ISSUED CAPITAL- Road, Walton Lane, and Knocklaid 2210 Shares issued and allotted on which 24365 11 5 Road, at cost .... .... .... .... 25269 17 11 15/- per Share has been called up 1657 10 0 and paid.... .... .... .... 1657 10 0 Stands, Hoardings and Erections, etc., 290 Bonus Shares issued and allotted to at Goodison Park, at cost, less deprecia- 290 0 0 Old Members fully paid .... .... 290 0 0 tion, as per last Balance Sheet.... .... 25000 0 0 _____________ _____ ______________ 1947 10 0 2500 1947 10 0 Less amount now written off for RESERVE ACCOUNTS- depreciation .... .... .... .... 2500 0 0 Reserve for Deferred Repairs .... .... 12500 0 0 _____________ Reserve for Taxation .... .... .... 12000 0 0 25000 0 0 22500 0 0 Reserve for Rehabilitation of Practice _______________ Ground .... .... .... .... 1026 9 6 47769 17 11 _____________ 25526 9 6 CURRENT ASSETS- MIDLAND BANK LTD.- 1499 0 0 Sundry Debtors, (as valued by the Directors) 1339 0 0 21383 6 10 (Hold Deeds of Land and Property as Security) .... 414 5 8 13 5 0 Sundry Deposits .... .... .... .... 12 5 0 1596 14 1 SUNDRY CREDITORS .... .... .... .... .... 1534 8 5 249 17 9 Midand Bank Ltd. (Dividend Account) .... 276 1 1 249 17 9 UNCLAIMED DIVIDENDS.. .... .... .... .... 276 1 1 80 15 3 Investment (4% Consolidation Loan) at cost 80 15 3 26108 19 3 BALANCE to CREDIT of PROFIT & LOSS ACCOUNT 19933 6 2 77 18 6 Cash in hand .... .... .... .... 154 1 7 _____________ 1862 2 11 _____________ ______________ ______________ _______________ £51286 7 11 £49632 0 10 £51286 7 11 £49632 0 10 _____________ _______________ ______________ _______________ Signed on behalf of the Board, W. C. GIBBINS. } W. R. WILLIAMS.} Directors. THEO. KELLY, Secretary. AUDITORS' REPORT TO THE MEMBERS OF THE EVERTON FOOTBALL CLUB COMPANY LIMITED. We have audited the above Balance Sheet and have obtained all the information and explanations we have required. 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 at 18th May, 1946, according to the best of our information and the explanations given to us and as shown by the Books of the Company. 30 North John Street, Liverpool, 2. T. THEO. ROGERS, BOWLER & CO., 11th June, 1946. Chartered Accountants.