HONDA CR 125 1997

HI, NEW TO THE FORUM AND LOOKING FOR HELP/ADVISE

I Pick up a Honda cr 125 last night as a non runner, the bike is getting petrol and a spark but it doesn't feel like there's much compression, there was no oil in the casing and the water pump ( I think has had a hole in the casing) but has been filled with something that has solidified to stop the leak I think...

If you hold the throttle back and give it a few kicks It back fires..

These are the pictures of the engine

Any advise would be great thanks
 
Won't let me Up load pictures, the piston looks like someone has sanded it down a bit, there are a few scratches nothing majour and the barrell is fine, piston seemed wet.. Oil is grey in gears
 
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