Tool Set Kit

All this is necessary for home theater surround sound system?
Ok, I've been researching on what I need to get surround sound to the living room. This is my list. : The banana plug x10: x2 speaker wire. : 7.1 surround sound speakers: http://www.audiovision.co.uk/mordaunt-short-mezzo-7-1-pack-18959-. 0.html tools for cutting and narrowing the cable please tell me how I have everything and all of them very well in setting up surround sound?
You will have seven sets of four banana plugs. Two black and two red for each speaker. You do not really need such a tool. But it would not hurt if you do not have anything. You will need to RCA cable for the subwoofer. You will want to strip of power or power conditioning. You will need a DVD player or Bluray-positive type of TV. (I assume you already have it).