The Everton Football Club Company Limited.
BALANCE SHEET AS AT 10th MAY, 1947.
CAPITAL AND LIABILITIES. PROPERTY AND ASSETS.
1946 10th May, 1947. 1946 10th May, 1947.
£ 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 Property as per
__________ __________
last Balance Sheet ... ... ... 25269 17 11
ISSUED CAPITAL— Additions during year... ... ... 4441 4 0
2210 Shares issued and allotted on which 25269 17 11 ___________ 29711 1 11
15/- per Share has been called up Stands, Hoardings and Erections, etc.,
1657 10 0 and paid ... ... ... 1657 10 0
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 ... 22500 0 0
Less amount now written off for
1947 10 0 2500 1947 10 0 depreciation ... ... ... 2250 0 0
RESERVE ACCOUNTS— 22500 0 0 ___________ 20250 0 0
Reserve for Deferred Repairs ... 12500 0 0 ___________
Reserve for Taxation ... ... 12000 0 0 49961 1 11
Reserve for Rehabilitation of Practice CURRENT ASSETS—
Ground ... ... ... 1026 9 6 1339 0 0 Sundry Debtors (as valued by the Directors) 12 0 0
25526 9 6 ___________ 25526 9 6 12 5 0 Sundry Deposits ... ... ... 12 5 0
414 5 8 MIDLAND BANK LTD. ... ... ... __ 276 1 1 Midland Bank Ltd. (Dividend Account)... 290 13 8
1534 8 5 SUNDRY CREDITORS ... ... ... ... 4447 18 5 __ Midland Bank Ltd. ... ... ... 6341 12 7
276 1 1 UNCLAIMED DIVIDENDS ... ... ... 290 13 8 80 15 3 Investment (4% Consolidation Loan) at cost __
19933 6 2 BALANCE to CREDIT of PROFIT & LOSS ACCOUNT... 24615 13 4 154 1 7 Cash in hand ... ... ... ... 210 11 9
__________ 6867 3 0
____________ ____________ ___________ ___________
£49632 0 10 £56828 4 11 £49632 0 10 £56828 4 11
Signed on behalf of the Board.
W C GIBBINS. } THEO. KELLY, Secretary.
W. R. WILLIAMS. } Directors
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 10th May, 1947, 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.,
20th May, 1947. Chartered Accountants.
