About the film
K Foundation Burn a Million Quid was a work of performance art executed and filmed on 23 August 1994 in which the K Foundation, a British art duo consisting of Bill Drummond and Jimmy Cauty, burned £1 million in the back of a disused boathouse on the Ardfin Estate on the island of Jura in the Inner Hebrides. The money represented the bulk of the K Foundation's funds that had been previously earned by Drummond and Cauty as the KLF.
From the film's Wikipedia article (CC BY-SA 4.0).