The Everton Football Club Co. Ltd. [Report of the Directors to the Eightieth Annual General Meeting of the Company to be held on Thursday, the 18th June, 1959.] The Directors, in submitting the Accounts of the Company for the period ended 2nd May, 1959, beg to report thereon as follows: The Balance to Credit of Profit and Loss Appropriation Account brought forward from last year amounted to £55,911 18 4 Add Dividend Reserved to 3/4/58 but not approved ... 97 7 6 ------------- £56,009 5 10 Add Income from Properties ... ... ... ... £850 0 1 Bank Interest ... ... ... ... ... ... 13 10 6 Tax Provision not now required ... ... ... 10,100 0 0 ------------ 10,963 10 7 Less Interest on Floodlighting ... ... ... 669 13 4 ------------- 10,293 17 3 ------------- 66,303 3 1 Less Excess of Expenditure over Income ... ... 16,712 7 6 ------------- £49,590 15 7 The Directors have made Provision in the Accounts for: Depreciation of Amplifying Equipment ... ... 200 0 0 " " Floodlighting Installation ... ... 4,600 0 4 " " Properties ... ... ... ... 1,980 0 0 " " Soilwarming Installation ... ... 1,171 9 3 Dividend for year to 2/5/59 at 5% free of Income Tax 97 7 6 ------------- 8,048 17 1 -------------- Leaving a Balance to be carried forward of ... ... ... ... £41,541 18 6 ============== The retiring Directors are Messrs R. E. Searle, F. Micklesfield and J. Taylor, who are eligible and offer themselves for re-election. A nomination has also been received on behalf of Mr. Donald Murdo McPhail, 27 St. Philip's Avenue, Liverpool 21. Under the provisions of the Companies' Act, 1948, the Auditors, Messrs Rogers, Bowler, Rushworth Smith & Co., will continue in office. The transfer Books of the Company will be closed until the 19th day of June, 1959. R. E. SEARLE, Chairman. ATTENDANCES OF DIRECTORS AT ORDINARY MEETINGS (Number of Meetings 36) Mr. R. E. Searle ... ... ... 36 Mr. C. H. Askham ... ... 35 Mr. F. Micklesfield ... ... 36 Mr. J. Taylor ... ... ... 35 Mr. N. W. Coffey ... ... 36 Mr. R. A. Joynson ... ... 35 Mr. C. E. Balmforth ... ... 35 Mr. J. C. Sharp ... ... ... 34 Mr. E. Holland Hughes ... ... 29 In addition to the above, 24 Emergency and Sub-Committee meetings were held.