The British honours system is a way for the government to give special awards to people who have done something very good. It's like getting a gold star at school, but much fancier!
There are lots of different types of awards that can be given. The highest one is called a knighthood, which is when someone (usually a man) is given the title 'Sir' in front of their name. If a woman is given a knighthood, she is called 'Dame' instead.
Other awards include OBEs (Order of the British Empire), MBEs (Member of the British Empire), and CBEs (Commander of the British Empire). These might not sound as impressive as a knighthood, but they are still a big deal!
The awards are usually given out on special occasions like the Queen's birthday or New Year's Day. People who have done well in things like sports, the arts, or charity work are often honoured. Politicians and other important people can also be awarded.
Overall, the British honours system is a way for the government to say 'thank you' to people who have made a real difference to their country. It's a bit like saying 'well done' for being a good citizen!