Hello and welcome! First off, the compression is slightly low. You can run it for now, but you will have to do a rebuild including exhaust valves and possibly rings. Compression should be around 200 PSI. Here is a 1.0L head repair guide I posted with pictures. Your older model will be slightly different, but it all applies.........
1.0L Head Repair Guide
The timing is done with a timing light and you also have to jump the timing connector which should be posted on the tag under the hood. The connector is usually on the driver's side strut tower. If you need help, just ask!