This work brings new information and summarizes already known facts about the monarchy in Britain. The main focus is on four different areas. The first area of interest is the Queen Elizabeth II - her tasks, responsibilities, competencies and activities regarding the constitution and the Parliament. Some part is devoted to the role of the Queen in Australia, New Zealand, Canada and Commonwealth. The second part is concerned with the future of the monarchy in Britain, regarding the voices of the two opposing camps – pro-monarchists and republicans. Here can be also found proposals for change from both of these sides like the Royal finances and other issues. In the third part, the main interest is set around possible options for change – from minor reforms to proposals for declaration of republic. The last part is devoted to a survey done by the author. This survey aimed to find out what the public thinks about this topic. The author tried to reveal opinion on possible proposals for change, together with the attitude towards possible abolition of the monarchy in Britain. The results of the survey were compared with polls run by leading research companies.