Cant see what difference what side the lockshield valve is on as regarding balancing of the system, your only restricting flow through the rad to balance the flow to the other rads.
picasso i thought trvs on the return cause issues ? to balance it properly whilst correctly controling the heat emitted from the rad requires the trv to be fitted on the flow ? if its on the return are you saying you throttle down the lock sheild on the flow & use the trv as normal to balance it ? i thought its flow valve fully open & return valve open slightly ? how do you do that with a trv opening & closing on the return ? , if so fair doos mate & ive learnt something today but every system ive looked at with that set ups been an issue