British expenditure on the Royal Navy between 1900 and 1905.
1900-01 £32,131,062 7s 3d
1901-02 £33,726,491 10s 11d
1902-03 £34,201,994 4s 8d
This represents a remarkable 31 percent (£9,870,338) increase in the naval budget over the five year period.
 HC Deb 29 February 1904 vol 130 c124.
Royal Navy battleships in commission with full crews, 1st April, 1905.
There were thirty four battleships in commission. Of these, twenty were assigned to Home waters, eight were with the Mediterranean Fleet, five were on the China Station, and one was employed on trooping service.
Atlantic (at Gibraltar)
King Edward VII
HMS Albemarle, 1903.
Prince of Wales
HM Bulwark, IWM Q 21052B.
Barfleur was also temporarily in commission with full crew in trooping service.
HMS Barfleur, from “The Navy and Army Illustrated” 1897.
Source: United Kingdom. Hansard Parliamentary Debates, 5th ser., vol. 47, col. 635-7W.