Re: turning a 50hp to a 55hp...hmmmmmm
I am not familiar with that particular engine..
If you change the jets on any engine to get more power, you can only lean it out which is not good, so you need more air so you can burn more fuel to get more power, maybe this can be done with a larger carb.
ex; if the 55 carb is slightly larger ID to accomodate more air