The Privy Council of the United Kingdom advises the sovereign on the exercise of the royal prerogative. As a body corporate, it issues executive instruments known as Orders in Council. The members of the Council collectively are known as the King-in-Council or Queen-Council. The Privy council formerly acted as the High Court of Appeal for the entire British Empire.
About Privy Council of the United Kingdom in brief

It has the authority to grant Royal Charters, which are used to grant special status to incorporated bodies, and city or borough status to local authorities. In the 15th century, the Council was permitted to inflict any punishment except death, without being bound by normal court procedure. In 1659, shortly before the restoration of the monarchy, Charles I transferred more power to this committee. Under George I, he even chose to rely on a small group of advisers, even though the sovereign relied on this committee to make his own decisions. In 1553, the council consisted of forty members, but the sovereign reliance on a smaller committee, which later evolved into the modern Cabinet. By the end of the English Civil War, the monarchy and House of Lords had been abolished. The remaining parliamentary chamber, the House of Commons, instituted a Council of State to execute laws and to direct administrative policy. The body was headed by Oliver Cromwell, de facto military dictator of the nation, and the body was reduced to between thirteen and twenty-one members, all elected by the Commons. The Royal Council retained legislative and judicial responsibilities, but it became a primarily administrative body. It was abolished in 1659 but the Royal’s Council was restored the Royal Lord’s Council, subject to the Protector’s approval. It is now known as a whole Council, as a body of important advisers to the sovereign; the role of a committee of confidential advisers.
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