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.
Objects
FURTHERING THE EFFICIENCY OF THE VOLUNTEER RESERVE FORCES AND THE EDUCATION OF THEIR PERSONNEL; PROMOTING INTEREST AND MORALE IN THE VOLUNTEER RESERVE FORCES AND RECRUITMENT TO THEM; AND PROMOTING THE EDUCATION OF MEMBERS OF THE CADET FORCES AND ENABLING IN THE INTERESTS OF SOCIAL WELFARE, SUCH PERSONS TO DEVELOP THEIR PHYSICAL, MENTAL AND MORAL CAPABILITIES THAT THEIR CONDITION OF LIFE MAY BE IMPROVED; BY UNDERTAKING EXPEDITIONS FOR THE PURPOSE OF CARRYING OUT RESEARCH IN GEOLOGY GEOPHYSICS GLACIOLOGY METEOROLOGY PHYSIOLOGY ORNITHOLOGY BOTANY NATURAL HISTORY AND KINDRED SCIENCES OR FOR SUCH OTHER PURPOSES THAT FURTHER THE OBJECTS AS THE TRUSTEES MAY DECIDE. SUCH EXPEDITIONS MAY INCLUDE INDIVIDUALS WHO ARE NOT THEMSELVES MEMBERS OF THE VOLUNTEER RESERVE FORCES BUT WHOSE PRESENCE NONETHELESS PROMOTES THE OBJECTS. IN THIS CLAUSE: "VOLUNTEER RESERVE FORCES" SHALL MEAN AUXILIARIES AND RESERVISTS OF HIS MAJESTY'S FORCES; AND “CADET FORCES” SHALL MEAN ANY MEMBER OF A CADET UNIT THAT IS SPONSORED BY THE MOD (ARMY CADET FORCE, SEA CADET CORPS, MOD SPONSORED SEA SCOUTS, RAF AIR CADETS, AIR TRAINING CORPS, RM VOLUNTEER CADET CORPS, RN VOLUNTEER CADET CORPS, COMBINED CADET FORCE, AS WELL AS ADULT VOLUNTEERS WITH THE CADET FORCES AND THE CADET EXPANSION PROGRAMME), OR A MEMBER OF A YOUTH ORGANISATION THAT WORKS UNDER A MEMORANDUM OF UNDERSTANDING WITH THE MOD
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net income of £370,206 for the year ended 31 December 2025, driven primarily by donations and legacies which accounted for 93.1% of total incoming resources. The charity holds unrestricted funds of £495,666, which are available to be spent on any charitable purposes without a stated policy target for reserves. Governance costs were minimal, with trustee expenses totaling £2,921 and independent examiner's fees at £2,500.
What the accounts disclose
Policies the charity declares
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Volunteers: 40
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2024
- Volunteers: 22
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2023
- Volunteers: 40
- Grant-making is its main activity
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
Structured financials (annual return, FY ending 31/12/2025)
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 |
|---|---|---|
| 31/12/2025 | £824k | £503k |
| 31/12/2024 | £428k | £470k |
| 31/12/2023 | £482k | £398k |
| 31/12/2022 | £409k | £356k |
| 31/12/2021 | £172k | £125k |
Common questions
Is THE ULYSSES TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net income of £370,206 for the year ended 31 December 2025, driven primarily by donations and legacies which accounted for 93.1% of total incoming resources. The charity holds unrestricted funds of £495,666, which are available to be spent on any charitable purposes without a stated policy target for reserves. Governance costs were minimal, with trustee expenses totaling £2,921 and independent examiner's fees at £2,500. Its FY2025 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 LORD FARINGDON CHARITABLE TRUST, THE GROCERS' CHARITY.
Known funders
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| VENDQUOT LIMITED | 1 | £6k |
| THE GEORGE AND ESME POLLITZER CHARITABLE SETTLEMENT | 1 | £5k |
| ABG TRUST FUND | 1 | £4k |
| THE BARBERS' COMPANY GENERAL CHARITIES | 1 | £3k |
Charities like this
- ULTING OVERSEAS TRUST
- THE THALES CHARITABLE TRUST
- THE FORT TRUST
- FORCES CHILDREN'S TRUST
- THE RIFLES REGIMENTAL TRUST
- LUCKY'S LEGACY RESCUE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ULYSSES TRUST | £824k | — | 0 | unclear | — | no doubt |
| ULTING OVERSEAS TRUST | £84k | — | 0 | unclear | — | no doubt |
| THE THALES CHARITABLE TRUST | £155k | — | — | unclear | — | no doubt |
| THE FORT TRUST | £29k | — | 0 | above | — | no doubt |
| FORCES CHILDREN'S TRUST | £83k | — | 0 | unclear | — | no doubt |
| THE RIFLES REGIMENTAL TRUST | £574k | — | 0 | unclear | — | no doubt |