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General rule of thumb is to match your tackle to the size fish, and your floats/weight to your bait. So if you’re fishing maggots; small hooks, weight and floats, dead/live bait; bigger etc. Then stronger rods/nylon for bigger fish, opposite for smaller etc.
To be fair though you don’t need much. I caught my first roach using a twig as a float, so anything can work. Lighter floats and weights give you better take detection though.
Thanks very much... Totally didn't realise you have to use pliers to get the shot to stay on the line, don't laugh. It took 14 No.4 shots to get my float to the right height in water which feels like too many so might just buy a selection of weights for future.
Also studied the reel numbers you mentioned and have now added two lines (15 & 4lbs) which seems a lot better than pictured above.
Any rule of thumb for the (leader?) weights nearest the hook for float fishing?