Well, Tim knows his stuff so you can make the spacers if you like.
The amount by which the stub axle protrudes from the upright is determined by how far it's pushed in. The inner bearing is relatively free to float in the upright, until the assembly of hub, spacer, outer bearing, spacer and inner bearing is tightened up. Even then, it's not located along the axis of the stub axle, that is done by the outer bearing.
If you have a bit of tube long enough to slip over the splines, try tightening with the hub nut and see if you can pull the stub axle out a bit.