THE ULYSSES TRUST
Fundraising in order to provide financial support to Adventurous Training and challenging activities by members of UK's Military Reserve and Cadet Forces.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £18,341 for the year ended 31 December 2024, a reversal from the previous year's surplus. Total funds decreased from £738,735 to £720,395, driven by restricted fund outlays exceeding incoming resources. The charity holds unrestricted reserves of £339,577, which the document describes as available for any charitable purpose.
What the accounts disclose
Funders the charity credits
- Clive Richards Foundation
- Gareth Neame Foundation
- Leigh Lodge Centenary Fund
- Nuffield Trust for the Forces of the Crown
- RAF Charitable Trust
- Sir James Knott Trust
- The Armourers and Brasiers’ Gauntlet Trust
- The Lord Faringdon Charitable Trust
- The Prince of Wales’s Charitable Fund
- The Westminster Foundation
- The Veterans’ Foundation
Trustees
- Air Commodore Dawn McCafferty CBE
- Brigadier Tim Seal TD DL VR
- Captain Stephen Mardlin MBE
- Colonel Mark Siebenaller TD VR FRGS
- JAMES RICHARD SWINBURN WILSON
- LT COLONEL PHILIP NEAME MBE
- Lieutenant Colonel Daniel Tebay
- Lieutenant Colonel Victoria Jane Tannahill VR
- ROD STABLES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £428k | £470k |
| 31/12/2023 | £482k | £398k |
| 31/12/2022 | £409k | £356k |
| 31/12/2021 | £172k | £125k |
| 31/12/2020 | £172k | £125k |
Common questions
Is THE ULYSSES TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £18,341 for the year ended 31 December 2024, a reversal from the previous year's surplus. Total funds decreased from £738,735 to £720,395, driven by restricted fund outlays exceeding incoming resources. The charity holds unrestricted reserves of £339,577, which the document describes as available for any charitable purpose. Its FY2024 accounts were independently examined.
Who funds THE ULYSSES TRUST?
Funders whose own accounts filings name THE ULYSSES TRUST as a grant recipient include TEAM FORCES FOUNDATION, THE ROYAL AIR FORCE CHARITABLE TRUST, THE CADOGAN CHARITY, THE GROCERS' CHARITY, THE LORD FARINGDON CHARITABLE TRUST.
Known funders
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ULBC TRUST LIMITED | 1 | £215k |
Charities like this
- ULI CHARITABLE TRUST
- NUFFIELD TRUST FOR THE FORCES OF THE CROWN
- THE UDLINGTON TRUST
- ULBC TRUST LIMITED
- ARMY RUGBY UNION TRUST
- THE TRESANTON TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ULYSSES TRUST | £428k | — | 0 | unclear | — | no doubt |
| ULI CHARITABLE TRUST | £452k | — | 0 | above | — | no doubt |
| NUFFIELD TRUST FOR THE FORCES OF THE CROWN | £1.4m | more than £60,000 | 1 | unclear | — | no doubt |
| THE UDLINGTON TRUST | £312k | — | 0 | unclear | — | no doubt |
| ULBC TRUST LIMITED | £219k | — | 0 | above | — | no doubt |
| ARMY RUGBY UNION TRUST | £885k | — | 0 | unclear | — | noted |