Your budget is plenty Jon!
£35.00 - Des Taylor Grandeslam Carbo 13ft (including a tube)
£13.00 - Lureflash ShadowLanda Centrepin reel
£4.50 - Preston Innovations Reflo Powerline 4lbs BS
£14.00 - 4 x Reg Righyni floats (from Grayling Society)
£6.00 - Preston PR27 hooks 10, 12, 14, 16, 18
£3.25 - Dinsmore Super Soft split shot in dispenser
£1.70 - Aluminium Disgorger
£2.00 - Packet of Drennan float tubing
£1.30 - Plummet
All found on eBay Buy it Now, new and including P&P! I make that £80.75 but have assumed you have a suitable landing net already...

richard