The Everton Football Club Company Ltd. INCOME AND EXPENDITURE ACCOUNT For Period 11th May, 1947, to 1st May, 1948. EXPENDITURE. INCOME. 1947. 1st May, 1948 1947. 1st May, 1948. £ s. d. £ s. d. £ s. d. £ s. d. 14035 0 0 To Players' Wages .... .... 16637 0 0 70920 1 3 By Gate Receipts .... .... .... 103872 9 3 762 10 0 " Players Benefits.... .... 500 0 0 " Proceeds of Matches played 12135 0 0 " Players' Transfer Fees... 3241 5 0 7303 0 11 away .... .... .... .... 10362 11 6 " Medical Fees and Players' ________________ ________________ 493 11 9 Accident Insurances .... 608 2 5 78223 2 2 114235 0 9 9765 1 5 " Gate Division to Visitors.... 19241 16 4 2465 5 6 " Season Tickets .... .... .... 3178 19 6 5376 15 7 " Travelling Expenses .... .... 10298 16 8 611 15 1 " Sublets and Programme A/c. 990 18 10 " Advertising, Billposting, 7 17 6 " Share Transfer Fees .... .... 1 15 0 931 15 5 Printing and Stationery.... 1363 18 3 2393 17 6 " Gate Expenses, Checkers, etc. 3488 0 2 " Training Expenses and 1887 12 10 Trainers' Wages .... .... 1813 3 6 " Ground Expenses and 2895 11 2 Groundsmen's Wages .... 5224 7 0 166 13 9 " National Insurance .... ..... 173 16 6 " Rent, Rates, Taxes, Lighting, Water, Telephone and 4455 13 0 Insurance .... .... .... 4044 11 6 13449 10 3 " Entertainment Tax.... .... 20486 3 3 " Office Expenses (including 2150 15 6 Salaries) .... .... .... 2371 16 0 179 8 6 " Bank Commission .... .... 150 0 3 593 17 5 " Players' Requisites.... .... 816 16 1 " League Percentages, Subscrip- 775 6 4 tions and Contributions ....1442 2 3 " Law Costs and Accountancy 198 7 6 Charges .... .... .... 456 16 8 207 0 0 " Pensions .... .... .... 267 10 0 _______________ ________________ 72853 10 11 92626 0 10 " Balance to Profit and Loss 8454 9 4 Account .... .... .... 25780 13 3 ________________ __________________ _________________ __________________ £81308 0 3 £118406 14 1 £81308 0 3 £118406 14 1 _______________ ___________________ __________________ ___________________ PROFIT AND LOSS ACCOUNT For Period 11th May, 1947, to 1th May, 1948. 1947. 1st May, 1948. 1947. 1st May, 1948. £ s. d. £ s. d. £ s. d. £ s. d. To Dividend declared 19th June, By Surplus as at 10th May, 1947, 1947. at 7½% per annum 19933 6 2 as per Certified Accounts....24615 13 4 80 0 8 for year, less Income Tax 80 6 8 462 13 9 " Income from Properties .... 194 13 10 " Depreciation written off " Interest on Investment— 2250 0 0 Stands, etc. .... .... ....2025 0 0 1 12 3 Consolidated Loan .... .... - " War Damage Repairs incurred " Profit on Sale of 4% 2199 17 3 during year .... .... ....1694 7 11 9 19 5 Consolidated Stock .... - " Transfer to Reserve for " War Damage Commissioners - " Deferred Repairs .... ...10000 0 0 283 16 4 payments on Account .... 34 19 0 " Transfer to Reserve for " Amount of Income over - Taxation .... .... .... 10000 0 0 8454 9 4 Expenditure .... .... .... 25780 13 3 24615 13 4 " Balance carried forward ... 26826 4 10 _____________ _________________ ________________ ________________ £29145 17 3 £50625 19 5 £29145 17 3 £50625 19 5 _____________ ________________ _________________ ________________