The Everton Football Club Co. Ltd.
Report of the Directors to the Eighty-second Annual General Meeting
of the Company to be held on Monday, the 26th June, 1961.
____________________
The Directors, in submitting the Accounts of the Company for the period ended 6th May, 1961,
beg to report thereon as follows:-
The Balance to Debit of Profit and Loss Appropriation
Account brought forward from last year amounted to ... £10,133 18 3
Less Income from Properties ... ... ... ... ... ... £1,489 19 10
Mortgage Interest ... ... ... ... ... ... ... 60 12 8
Profit from Sales of Properties ... ... ... ... 1,395 13 6
Interest on Sale of Property ... ... ... ... ... 3 0 9
Balance of Tax Refund ... ... ... ... ... 823 18 11
Excess of Income over Expenditure for year ... ... 25,054 4 11
-------------- 28,827 10 7
--------------
Balance to Credit £ 18,693 12 4
The Directors have made Provision in the Accounts for:-
Depreciation of Floodlighting Installation ... ... ... £4,089 0 0
" " Properties ... ... ... ... ... 1,980 0 0
" " Motor Car ... ... ... ... ... 236 11 8
Writing off Balance of Soil Warming Installation ... ... 5,757 6 3
Dividend for year to 6th May, 1961 at 5% free of Income
Tax ... ... ... ... ... ... ... ... 97 7 6
------------- 12,160 5 5
--------------
Leaving Balance to be carried forward of ... ... ... £ 6,533 6 11
==============
The retiring Directors are Messrs. John Moores, J. C. Sharp and R. A. Joynson who are
eligible and offer themselves for re-election. No other nominations have been received.
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 27th day of June, 1961.
JOHN MOORES
Chairman.
ATTENDANCES OF DIRECTORS AT ORDINARY MEETINGS
(Number of Meetings 28)
Mr. C. E. Balmforth... ... ... 28 Mr. R. A. Joynson ... ... ... 27
Mr. J. C. Sharp ... ... ... 28 Mr. John Moores ... ... ... 27
Mr. J. Taylor... ... ... ... 28 Mr. R. E. Searle ... ... ... 27
Mr. N. W. Coffey ... ... ... 27 Mr. F. Micklesfield ... ... ... 22
Mr. E. Holland Hughes ... ... 27
In addition to the above 18 Emergency and Sub-Committee Meetings were held.
