{73 Shareholders
all told.}
The Everton Football Club Company Ltd.
Report of Directors to the Sixty-ninth Annual General Meeting of the Company to be
held on Friday, the 4th June, 1948.
The Directors in submitting the Accounts of the Company for the period ending 1st May, 1948, beg to report
thereon, as follows:—
£ s. d. £ s. d.
The Balance to credit of Profit and Loss Account brought forward from last year
amounting to ... ... ... ... ... ... ... ... ... ... ... ... 24615 13 4
Less Dividend declared 19th June, 1947, and paid, less Income tax ... ... ... 80 6 8
___________ 24535 6 8
Add Excess of Income over Expenditure... ... ... ... ... ... ... ... ... 25780 13 3
Income from Properties ... ... ... ... ... ... ... ... ... ... 194 13 10
War Damage Commissioners (payment on account) ... ... ... ... ... ... 34 19 0
___________ 26010 6 1
___________
50545 12 9
Less War Damage Repairs incurred during year ... ... ... ... ... ... ... 1694 7 11
___________
1694 7 11
___________
48851 4 10
The Directors have made provision in the Accounts for:—
Depreciation on Stands, etc. ... ... ... ... ... ... ... ... ... ... 2025 0 0
Transfer to Reserve for Deferred Repairs ... ... ... ... ... ... ... 10000 0 0
Transfer to Reserve for Taxation ... ... ... ... ... ... ... ... ... 10000 0 0
___________ 22025 0 0
___________
Leaving a Balance to be carried forward of... ... ... ... ... ... ... ... ... ... ... £26826 4 10
___________
The retiring Directors are Messrs. W. C. Cuff, R. E. Searle, C. C., and F. W. Lake, who are eligible, and offer
themselves for re-election. A nomination has also been received on beahlf of Mr. N. W. Coffey, of 69, Victoria Street,
Liverpool. {Why the address ?}
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 5th day of June, 1948.
Dr. C. S. Baxter, Chairman.
ATTENDANCE OF DIRECTORS AT ORDINARY MEETINGS.
(Number of Meetings, 37).
Mr. W. C. Gibbins ... ... ... ... ... 37 Dr. C. S. Baxter ... ... ... ... ... ... 34
Mr. F. W. Lake ... ... ... ... ... 37 Mr. R. E. Searle. C. C. ... ... ... ... ... 32
Mr. J. C. Sharp ... ... ... ... ... 37 Mr. E. Green ... ... ... ... ... ... ... 30
Mr. W. R. Williams ... ... ... ... ... 35 Mr. W. C. Cuff ... ... ... ... ... ... ... 15
Mr. H. R. Williams ... ... ... ... ... 35
In addition to above 10 Emergency and Sub-Committee Meetings were held.
