Statements of Financial Condition(USD ($))
Apr. 30, 2013
Oct. 31, 2012
Current Assets:    
British Pound Sterling deposits, interest bearing $ 92,274,276 $ 71,759,412
British Pound Sterling deposits, non-interest bearing      
Receivable from accrued interest 4,863 3,969
Total Current Assets 92,279,139 71,763,381
Current Liabilities:    
Accrued Sponsor's fee 28,648 24,570
Total Current Liabilities 28,648 24,570
Commitments and Contingent Liabilities (note 8)      
Redeemable Capital Shares, at redemption value, no par value, 13,000,000 authorized -600,000 and 450,000 issued and outstanding, respectively 92,250,491 71,738,811
Shareholders' Equity:    
Retained Earnings      
Cumulative Translation Adjustment      
Total Liabilities, Redeemable Capital Shares and Shareholders' Equity $ 92,279,139 $ 71,763,381