Yes, we were told DD could really skip reception and go straight to year 1.
But they also said: they would give her foreign language words to spell out phonetically to keep her on her toes (she can already read), and that, when the class separates into groups she is in the group which "really stretches the children" which we assume is teacher code for "top group".
We also asked about her social development, as she is an "only" and can be a bit over sensitive, and they are monitoring this with all the children.
I have also noticed that the reading books she brings home and the odd tasks she is set (optional, but she does them as she likes it) are pretty stretching.
The teacher also said she had noticed DD gets bored at "mat time" as DD learned the songs so quickly and then got bored waiting for the others, so DD is allowed to go off and do creative play on her own, she also seems to have a lot more time on the PC than many of the others and gets to be class helper a lot and takes the others along, so she gets responsibility too which she loves.
She is 5 and the oldest in her class.
We feel we could send DD to an academic school as she could do the work, but they are like academic boot camps round here and I thought it would make her childhood a lot less fun, particularly as she won't have any trouble picking up this stuff when the time comes.
So we feel going to the local school and making friends locally is actually the best thing for her until at least age 7.
The teacher is really good at her school and says she'll make sure DD won't get bored "because she's such an interesting child".
Sorry for the long post, but I can't say any of this to RL friends as it sounds like terrible boasting!