That was kind of him.
The book should have said how much money was there in pounds, shillings and pence. There is no doubt that you should have received that (converted at 1 shilling = 5p) before the account was closed. My view is that you should also have received some interest although that depends on the type of account, I expect.
Interest can add up to something over time. If, for example, you were entitled to 5% growth each year, each £1 would grow to £5.52 over 35 years. There have been periods when interest rates were a lot more than 5%.