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Lancashire Birth indexes for the years: 1854
Surname Forename(s) Sub-District Registers At Mother's Maiden Name Reference
SMITH William Western Bolton Bolton ASHCROFT WB/27/378

Lancashire Death indexes for the years: 1855
Surname Forename(s) Age Sub-District Registers At Reference
SMITH William 1 Western Bolton Bolton WB/21/182

Well, looks like they eventually wed:
Marriage: 8 Mar 1865 St Peter, Bolton, Lancashire, England
James Smith - (X), Full Sawyer Bachelor of Bk. Blackhorse St.
Jane Ashcroft - (X), Full Spinster of Bk. Blackhorse St.
Groom's Father: William Smith, Sawyer
Bride's Father: John Ashcroft, Weaver
Witness: John Morris; Sarah Smith, (X)
Married by Banns by: Joseph Farrell Wright
Register: Marriages 1862 - 1865, Page 237, Entry 474
Source: Film of the register at Manchester Library

Joseph,
Thank you so much for this information.
I had been going around in circles,sometimes I think we miss alot.
So if I can find a marriage or birth for James I can send for a cert.
Regards Susi :-D

Susi,

mgnv has given you the marriage details above from LancsOPC site.

This is a transcription of the details on the Parish Register.

If you still want to buy the cert, though there will be nothing additional on there, this is the GRO ref:

Marriages Mar 1865
Ashcroft Jane **** Bolton 8c 304
Openshaw Ann Bolton 8c 304
Smith James **** Bolton 8c 304
Walker George Bolton 8c 304

Dea x

This looks like the family in 1841 - both William and James are Sawyers:

SMITH, Wm M 45 1796 Lancashire
SMITH, Betty F 45 1796 Lancashire
SMITH, James M 20 1821 Lancashire
SMITH, John M 18 1823 Lancashire
SMITH, Peter M 15 1826 Lancashire
SMITH, Betty F 15 1826 Lancashire
SMITH, Jane F 12 1829 Lancashire
SMITH, William M 8 1833 Lancashire
SMITH, Alice F 5 1836 Lancashire
SMITH, Thomas M 4 1837 Lancashire

Piece: 534
Book/Folio: 10/43
Page: 28
Registration District: Bolton
Civil Parish: Bolton
Municipal Borough: Bolton
Address: Dawes Street, Bolton, Bolton, Great
County: Lancashire

Dea x