What type of round is this ?

Looks like a Royal Navy 1" Aiming Rifle round. Basically a sub-caliber round for shipboard artillery training.
 
1" Aiming Rifle Ctg MkV with Morris electric primer made by Birmingham Metals and Munitions.
 
Thanks guys. It sure is that. I just read up on it. There is the potential it has either 400 grains in or or 170 grans of cordite !!!
 
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