How we help Our impact Our impact Read our latest annual report here. 2020 was an unprecedented year with manycharitable organisations being severely hit by theeconomic effects of the Covid pandemic. The Book Trade Charity worked hard to reachcolleagues in need throughout the Covid crisis andto implement a new grant scheme to support affectedbooksellers. We recognise that we have anunprecedented challenge ahead and will need the supportof the book industry to help us to reach colleagues inneed. The world is a different place, and the needs of ourbeneficiaries are changing - it is our responsibility to help. Providing grants during Covid - in addition to our welfaregrants programme this year the grant-making focus quicklyshifted to helping bookshops who had to close during thelockdowns and whose staff were struggling. This shift wasmade possible thanks to our generous donors who wereconfident in our ability to respond to the emerging crisisin an agile and effective way. In total 89 beneficiaries(individuals and bookshops) received Covid grants during2020, with almost a quarter of these seeking furthersupport when it became clear the impact on businesses wasgoing to be prolonged. It is expected that Covid Hardshipapplications will continue to be received well into 2022, asthe long-term impact of the Covid crisis on people’s livesand finances becomes clearer. Housing provision - the charity continued to provide goodquality, affordable accommodation for 55 tenants during2020 at The Retreat in Kings Langley and BookbindersCottages in London, N20. The Retreat proved to be aparticular haven for residents during the lockdowns, givenits relative seclusion and pleasant grounds. The communitypulled together well and rallied to ensure those mostvulnerable did not become isolated. We are also pleased to share a few additional highlightsfrom 2020:• we raised £340K towards the capital development project• near-completion of the redevelopment project atBookbinders Cottages, London• securing a grant from the Ernest Hecht Foundation toset up a bursary scheme for young people• the appointment of a new Chief Executive, Victoria(Vic) Perry There is no doubt that our work remains vital and that thebook trade values our role as a safety net for those facingcrisis. We will continue to be there when colleagues (past,present and future) need us most. We also commit toexpanding our offer to act as a springboard for the trade,helping to actively break down barriers for new entrants andto support the next generation of publishers, booksellersand others who want to join our industry.