After nearly a year of patience and waiting, I was able to acquire this 12-2, #5001227 Lister. This engine shows very little signs of wear and virtually no abuse. It was installed improperly with a drive pulley at the end of the crankshaft. With a tight belt, it quickly fatigued and cracked the crankshaft. It was removed from service and has been sitting ever since. The former owner was keeping it to restore for his personal collection. Sadly he passed away suddenly and it never got to achieve his goal.
There are a few missing parts and some things need to be tidied up, but this will make a fine engine. I should have most of the spares I need.
I believe that someone allowed the keyways to be wallowed out on the flywheels. They were remachined with taper lock bushings. Also, I've not seen a Lister flywheel casting with pulley attachment lugs on it before.
After the customary kerosine bath things started to look much better.
Bob