hi
i am a reception teacher and haven't read all the thread so hope i dont repeat everything everyone else had said.
Most children who enter my school can recognise a few letters by sound/name, recognise their own name and maybe some familiar words like mummy for example. They might also write their own name, do simple drawings, count to 5. simple things really.
we also have some children who can do lots more and some who do lots less.
The reception year is all about teaching them basic skills and it is not unusual for children to leave my class not reading fluently - although most of them can read a simple book and write a sentence by the end of the year.
I often find it simpler with the children who come knowing very little as we can just start from the beginning, getting them to pronounce letters correctly, teaching reading skills such as sounding oout and blending rather than geussing at words and memorising sight words etc.
So to be honest, the children who arrive and we are told "oh, she can already read and write, you know" we spend ages getting them out of bad habits and IME they can end up making less and slower progress than ones who started at a lower point so to speak.
sorry rant over
so yes she'll probably be able to read a bit by the end of reception but if not don't worry - she'll get it when she's ready.