hi there UncleM,
I also had an issue setting mine up (~'52/3), having used any bits I could find that fitted.
You said you have the correct wheel,axle,spacers, but how about the brake drum/chainwheel?
(I had to disuse the A65 brake/chainwheel, as they look similar, but don't work but not so sure about the singles ones )
Also I figure it makes sense that the axle be parallel to the G/box mainshaft... maybe worth a check?
After a whole lot of messing round, I decided the frame was bent (well I did buy it from a wrecking yard!!!), so I took it to the frame guy and now it's good.......not to say that's what you need-hopefully not!!
Hope it's a simple issue , cheers, duTch