Ennis, Rutherford, Adams and Rowsell lead the Olympic honours list while cycling boss Brailsford becomes a knight at the Palace
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Honoured: Jessica Ennis (second from left) Greg Rutherford (centre) and Nicola Adams (second from right) pose with Beefeaters after being honoured by the Queen for their heroics during London 2012
Honoured: Jessica Ennis (above, right) receives her CBE medal from Queen Elizabeth II at Buckingham Palace and poses before entering (below)
Pride: Ennis shows off her newly awarded CBE
Today’s ceremony will see honours go to a collection of athletes who became household names with their achievements as part of Team GB.
Greg Rutherford, 26, who landed a gold in the long jump, spoke of his excitement at being awarded the MBE. He said: 'I am very excited and very nervous as well.
Knighted: British Cycling performance director and head of Team Sky Sir David Brailsford (above, right) receives his knighthood from the Queen and stands with his family before entering the Palace (below)
'It’s not every day you get to do something like this and meet the Queen. The heart’s racing a bit.
'You dream of doing well at an Olympics, especially a home Olympics, and then the things that come along after that are just absolutely out of this world.
'I don’t think truly you can imagine these sorts of things happening and being awarded by the Queen. It really is just extraordinary.'
Sportsmail's own: Joanna Rowsell speaks with the Queen after becoming a Member of the British Empire
Collecting more medals Long jumper Greg Rutherford (left) and boxer Nicola Adams each picked up an MBE
Boxing gold medal winner Nicola Adams, 30, is also being awarded an MBE.
The flyweight, who outclassed China’s Ren Cancan to win, said: 'I’m over the moon, really excited.'
Wearing Kurt Geiger shoes and a black Phillip Lim jacket, she added: 'It isn’t every day you get to come to the palace and receive the MBE.
Sealed with a handshake: Double Olympic champion Jason Kenny collects his OBE
'I am over the moon and can’t believe I’m receiving this today.'
Double 2012 cycling champion Jason Kenny, 24, is to collected his OBE with team-mate and team pursuit gold medallist Joanna Rowsell, 24.
Ecstatic: Sir David shows his emotions while chatting to the Queen
British Cycling performance director and principal of Team Sky, David Brailsford, will receive his knighthood.
Sir David led Britain to eight cycling gold medals for a second successive Olympics and Team Sky to an historic one-two in the Tour de France.
23 years own: Former England and Glamorgan cricketer Robert Croft was awarded an MBE
He receives his knighthood for services to cycling and the 2012 Olympics and Paralympics.
Cricketer Robert Croft, who retired during the summer, will pick up his MBE following a 23-year career with England and Glamorgan.