Many thanks everyone for the feedback,
I have stripped the 4 valves down and checked them and they are seating very well, I now see that various threads are leaking and the timing and settings are out so this is the source of the problem.
I have done some rough timing and the engine is trying to work, so the next thing to do is the setup of the multitude of linkages and timing, once I have got my head around it.
Many thanks again and I will be making some "D" drills in the future.
Onwards and upwards
All the best
John