OVER VIEW OF EVENTS OF THE 1920's.
By 1920 the Royal Navy had been reduced to the following:-
Capital ships
46,700T Hood 8x15"
29,000T Royal Sovereign, Revenge, Royal Oak, Resolution,Ramilies. 8x15"
28,500T Tiger 8x13.5"
27,200T Renown, Repulse 8x15"
27,500T Queen Elizabeth, Warspite, Valiant, Barham, Malaya. 8x15"
25,000T Iron Duke, Marlborough, Benbow, Empress of India. 10x13.5"
23,500T King George V, Centurion, Ajax 10x13.5"
19,200T Conqueror, Glorious 4x15"
Plus the Planned 4x G3 & 4xN4 designs giving at total of 24 + 8.
Aircraft carriers
Argus, Hermes, Eagle, Furious, Vindictive with the NRAS operating a total of 105 aeroplanes, carrier borne, seaplanes and land based maritime reconnaissance and fleet aerial defence flights. 10 non rigid and 3 rigid airships.
In the Washington Treaty of 1922 all parties agreed to abandon all the capital ships under construction or projected except for nearly completed 16" gun ships of the USA & Japan. The Royal Navy was limited to 20 capital ships = 525,000tons but were permitted to build two new 35,000 ton ships which resulted in an new 'Admiral-class' with 9 (3x3) of the tried and tested 15" guns. (KGV's design with 15"guns 10 years earlier than OTL)
The Royal Marines were reorganised by Admiral Madden into a rapid deployment force to carry out seizure and defence of temporary bases & raids on enemy coastline. The RMLI battalions involved each had a battery of 6 18 pounder guns of the RMA, a squadron of 4 Rolls Royce armoured cars and 8 Morris armoured trucks of the Royal Naval Armoured Car Service and a flight of Fairley Flycatcher fighter bombers of the RNAS piloted by Marine airmen. 1st & 2nd battalions were based in the UK, 4th was in Singapore, 9th in Gibraltar and 11 in the Middle East.
Thus on the eve of the London Naval Conference the Royal Navy's Orbat was
HMS Hood, HMS Tiger, 5 Royal Sovereign class, 5 Queen Elizabeth class, 2 Renown class, 4 Iron Duke class, plus the two new ships Nelson and Rodney. The fleet aircraft carriers Invincible, Illustrious, Eagle and Furious. The light fleet carriers Argus, Hermes and the light carriers Vindictive, Vengeance, Victorious and Venerable. Entering the conference the RN wish list was to replace the Tiger, Renown class and Iron Duke class with a further 7 of the Admiral class BB's and the carriers Argus, Eagle, Furious and Hermes with hopefully 3 more Invincible's. Maritime military aviation to be reduced to 300 aircraft. The RNAS having 216 carrier aircraft, 52 ship launched sea planes and 30 large sea planes totalling 298 aircraft. Cruises & other vessels as per OTL.