Reporting Loan Charge

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Yes I believe you are correct.

Report and account for your disguised remuneration loan charge - GOV.UK

see the final paragraph under "Loan payments to be disregarded"

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Bump - anyone else?

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Report and account for your disguised remuneration loan charge - GOV.UK

A loan is classed as outstanding if the total sums loaned are more than the total repayments made.

Loan repayments to be disregarded
Only genuine repayments can be accepted as valid payments. A genuine repayment is one where the repayment amount is not available to the person who received the original loan and the repayment is not related to a further scheme to avoid tax.

Some other repayments are also disregarded, so you may still need to report your loan amount as outstanding even if you think the loan has been repaid.

If you used an employment scheme, disregarded repayments include any repayments that were:

not in money and made on or after 17 March 2016
linked to an avoidance scheme and made on or after 17 March 2016
made on or after 17 March 2016 where the money or asset used in the repayment is the subject of a subsequent ‘relevant step’, which means that the amount repaid is then routed back to you in some form

Repayments made to any disguised remuneration loan in a depreciating currency (whenever made), will only count up to the sterling value of that repayment.

@IlikeTax - Sorry, I know you have answered this before, but just to confirm based on the above:

2001 - Loan made in ZWD (eqiv. £100)
2003 - ZWD depreciates (equiv. £10)
2003 - Repay £10 to trust and loan written off
2004 - Trust closed

Does one report a loan of £90?