Turn off the ball-valve in the loft (Sometimes safer to just tie the ball valve up to stop it dropping as this prevents having to touch old, stuck water valves)...
Then locate the "drain-off valve" which will be somewhere on the lower-floor of your house... Sometimes on the boiler depending on the appliance.
Connect a hose to the drain-off, and place it outside... Open the valve (Small spanner on the square stud-bit) and you'll start to hear water rush through your hose...
When the water flow slows, open up all the bleed points on the highest level of the house, gradually work your way to the lowest level and job done.
GasAid.co.uk, January 2007