Cheapest is to get a flywheel, clutch, and pressure plate from an M20 core motor at a local salvage yard or from someone that bought a motor to replace a blown one. There's a spec for the clutch disc thickness that is a pretty good indicator of what's left of it. You would need to get that special throw out bearing from some other model and starter pinion.
If you turn down the M20 flywheel on a lathe it will clear the M42 block and you won't need the spacer.
All of this is detailed in other threads here if you search.