Good luck with the project. I haven't looked at all the replies but I don't think you could go for a better car, in terms of taking on a project. An MGB or Midget would be good (I have these too) but without wishing to be morbid, as I get older, I consider the fact that the Morris is so easy to get in and out of; with the roof raised, the same with the Midget is an acquired art. They are all very well provided for in terms of spares. A saloon will be less of a challenge to restore, than a Traveller. I would place most emphasis on getting a good sound shell and when that's all good, get the mechanical bits done.
It might be worth mentioning that the 1275 Midget engine fits in, as well as a 1098, though I have often thought that twin carbs, on a 1098 (As was fitted to the Midget) would make for an easy extra 10 bhp.
I have had Britool spanners for years, as well as two of their torque wrenches. For smaller settings, I acquired a Sykes Pickavant 5 - 40Nm, which has given good service. That was on loan to my bike shop for many years but I have now taken it home and we use one of these at the shop now -
https://www.cyclebasket.com/m23b0s711p3 ... que_Wrench - which works very well. It's 3/8 drive but we have a step up adapter to 1/2" drive.
I can't remember what make my socket set is; I used to buy most of my stuff in SB Motor Factors in Cardiff. The socket set was a 21st birthday present, that came from there (Metric, AF & BSW). I know it's German and it's given over thirty years of goo service. My father has a Britool socket set, that's over fifty years old and that seems to have the edge. I don't have a lot of cause to buy tools now but when I do, Elora seems to be good quality.
I have a Sealey engine stand and I recall that my engine crane came via Exchange & Mart. It's an Intec Hydrahoist and it uses a standard bottle jack to do the lifting. My father has a Hamer car lift and that uses a farm jack at each corner, so it's all quite simple and easy to repair. It will lift the car about four feet. I have got a set of DIY ramps, with hydraulic rams (CJ Autos) but the hydraulic rams are prone to leak and I wouldn't recommend them.
I'm not a user of digital verniers, though I have a couple of (Old fashioned) Draper verniers but when I want real accuracy, I reach for the micrometer.