Having looked, it seems to be a set of marking tools, and two planes... If you don't have them already, the marking out tools will definately be useful, how soon however is less certain.
I actually own a Faithful No. 4 plane, and rather like it; it's a well made, bailey style plane which performs as any other; mine gets used as an intermediate between the jack plane and smoothing plane on big workpieces, it's capable of taking very fine shavings, yet has the capacity to remove more material when desired.
The suitablity for you as a beginner is determined mainly by what you intend/desire to make; but to generalise, that set, combined with a cheap hardpoint saw, a slightly less cheap gents saw, four intermediate sized bevel edged chisels, a mallet, maybe a mitre/tenon saw and most certainly a sharp pencil or two, will give you the basic equpment to make a suprisingly wide range of items.
I would echo Pedder's comments on learning to sharpen being a neccesity; personally I'd advocate getting a beat up chisel off ebay and a cheap double sided oilstone then practicing freehand sharpening with it until you're happy... If you cock up once or twice, no harm done; when you crack it, you'll have a new addition to bothyour toolchest and skillset.