DD1 is reception.
She brings a book home, and depending on length of it, will either read the whole thing or just a few pages.
As long as we mark in her reading diary what she has done, its fine.
I have written on occasions that DD1 didnt want to read, and so I havent forced her, but the school are very understanding because DD1 is already reading yr 1 and yr 2 books at 4.7yrs old.
We havent had any spellings or anything home, but then DD1 doesnt go full time until after easter so I have no idea if the current full timers are getting homework or not.