Yes you need the furthest point but think of it as a loop. If there are sections that tee off to another part of the building then again these will return at the furthest point and and can tee into the return back to the cylinder.
What type of cylinder is it?
You can tee the return into the cold feed so long as there is a check valve on the cold which you would have anyway on an unvented system. Some cylinders have a connection at the bottom solely for the return.
It is not very ideal to return the loop to the cold inlet of the cylinder as that will effectively lengthen the reheat time before you get some useful hot water. It can provide some benefits if hot water usage is not very high compared with the store volume.
I see little point in timing the loop pump between 7am to 5pm.
Many advantages in having it on a thermostat though. Then in addition perhaps inhibited overnight.
A non return valve does no harm and in many configurations is beneficial ( or essential ).
Tony
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