Cover the bulwarks with a thin smear of P38 or similar before fitting the underdeck and then sand flat or as flat as possible, when the main deck is secured in position then go around the edge with a smear of filler clean any excess with a fine sand paper and then finish off and define the sharp edge by using a sharpe blade or chisle; don't forget also to fit and finish the stem post before fitting the underdeck in its final position.
It is also advisable to fit and secure all the hull fittings in position before you contemplate painting anything. By looking at your pictures it is hard to work out just where your painted water line is however, the correct level is just above the bottom edge of the lower strake.
LB , (who is currently working on his fourth version of this hull)
Thanks for the advice about the bulwarks - I'll give it a go as this does seem to be the main way people use to get smooth bulwarks and the instructions do suggest this method. Thank you also for the comment about the stem post, I hadn't thought about trying the fit before fixing the underdeck, so hopefully this will save me some heartache by trying the fit before final fitting !
I had the waterline at the top edge of the green frog tape, which does put the waterline just below the lower rubbing strake. I did it fairly roughly just to get an idea for the ballast needed but will be re-doing the waterline much more accurately before doing any painting.
I had planned to paint the outside of the hull before final installation of running gear then underdeck and moving on to adding the bulwark fittings, getting all those done before painting the bulwarks - is this what you mean by securing all the hull fittings before painting?
Many thanks for your advice, I still feel very much a newbie here, this being my first grp hull (and ship for that matter, as my first model was a narrowboat which is of very different design/construction!).