To The Queen’s Most Excellent Majesty

May it please Your Majesty, The Crown Estate Commissioners take leave to submit this their fiftieth Report and Accounts, in obedience to sections 2(1) and 2(5) of the Crown Estate Act, 1961.

Introduction

There is no organisation in the world quite like The Crown Estate.

Our property portfolio includes ancient forests, farms, parkland, coastline, shops, offices and homes. Our role as guardian, facilitator, manager, influencer, employer and revenue creator is unique.

We have two main objectives: to benefit the taxpayer by paying our revenue surplus to the Exchequer, and to enhance the value of the estate and the income it generates.