Answering my own question here as I found the answer, but the loss needs to be claimed as a negative capital gain, and can be done this year. HMRC helpsheet 286 gives all the details.
@Backsplash started
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
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Answering my own question here as I found the answer, but the loss needs to be claimed as a negative capital gain, and can be done this year. HMRC helpsheet 286 gives all the details.