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These have nothing to do with each other.

Not just me then, phew. I thought I was missing something :-)

http://www.classiclightweights.co.uk/builders/carpenter.html

Let Google be your friend

Yes

What you have is a decent but not particularly special 60s or 70s bike. Ken Ryall was one of hundreds of British small time frame builders at a time when many independent bike shops built their own frames. Made of lugged steel, probably 531 but I can't see any stickers in your photos.

Yours looks like a typical road or touring bike of the time, fitted with typical components of the time - mainly of European origin as Japan hadn't really caught up yet.

Give it a good clean, replace worn consumables (chain, sprockets, tyres, cables, brake pads) and you'll have a nice classic bike.

Why does it have to be 1/8th?

Joe Waugh was a brand name used by M Steel cycles of Gosforth, Newcastle. The frames were built by a team led by (the legendary) Dave Yates. Joe Waugh was a racing cyclist in the 70s who rode for Britain and won the Milk Race. M Steel no longer build frames. Dave Yates retired to Lincolnshire where he still builds and renovates frames. If you contact him with the frame number, he'll probably be able to tell you more about the frame.

1. Brompton standard length seat post. In good condition. £10 posted

2. Garmin Edge 205 bike GPS. Although it charges, powers up and finds a signal, the mode button on the side stopped working. The unit is otherwise undamaged and other buttons work so someone with better electronic skills than me might be able to fix it. Selling along with 4 bike mounts - you just need the cable ties. £10 posted

Even though chains don't actually stretch, that's what we've called it for many years :-)

The Guardian described mechanical doping as the Loch Ness Monster of cycling; much talked about but never actually seen.

It doesn't really matter if you alter gear ratios by changing the front or rear, other than what you have found that you can't buy very small freewheels very easily. An increase of 5 inches isn't all,that great so try it and see.

Agree. Many years ago I bought an OTP frame with a Tange headset. I replaced it with a Campag one and they were pretty much identical.

Yes, probably means you've lost your money and the B&B, sadly.

i can fit the seatpost in, allthough with a little work.

If that refers to a 27.2 seatpost then your seat tube is 27.2. I suggest that you take it to a shop and get it reamed to 27.2.

What's the frame made of? If it's British then it's probably 27.2

Nothing wrong with reaming an old frame if needed.

I suspect that over time the slot on the seat lug has closed up slightly. Take a large flat blade screwdriver, insert it into the slot and gently open up the slot. Then try your 27.2 seatpost again, well greased.

I suspect that the frame started out as a road frame but when it was repainted, the braze-ons for the gear cables were removed because the owner wanted it that way (to ride fixed, presumably). Personally, I wouldn't take anything about this bike at face value. If it suits your needs, is in good condition and is priced accordingly then buy it. If you're not sure, walk away. There are plenty of fish in the sea.

As well as bonification, the T shirt needs that other Sean Kelly classic:
classment.

Personally, I'd leave it alone.

Anodised?

Reading between the lines, I think Enigma's well known frame builder used to be at Roberts which might explain why they shut up shop rather
precipitously.
http://rouleur.cc/journal/bicycles/enigma-bicycle-works-frame-building-course

These frame building courses are getting popular. As well as the Bicycle Academy and Dave Yates, there's Swallow in Shropshire, Downland in Kent and now Enigma are about to start one.

Whatever they are, they're not bicycles.

I have 2 battery options, one is a small emergency phone charger like the one above but which takes AA batteries so can be replenished on the go. The other is a larger fag packet sized battery pack that will last several days.

Apart from that, I can't see any other damage. The lawyer lips serves no purpose other than to be annoying. I'd ride it as is.

How about a Bob Jackson Vigorelli track OTP frame for £500 and spend the rest on part?

26.0 refers to the handlebar clamp diameter and is independent of the stem shaft diameter. I've never seen an ahead stem with shaft as slim as a quill stem, but then I've always assumed that the butch manliness of an ahead stem was part of its attraction.