I help in my DD's class for a morning a week, so I have a vague idea of what is going on! DD has done the 2,5,10 to death by now. They don't specifically do other times tables but they are doing other multiplications. Do number line adding and subtraction, multiple number sums (ie. 10+13+21=) etc.
I think they are just getting into division - when I was there this am they were dividing up pictures of food into quarters, thirds etc and colouring them.
As for literacy, I help with the guided reading, and I know they regularly look at poetry, tounge-twisters, riddles etc and talk around different ways of presenting text,stories,ideas etc.
I did a poetry session with Y1 this am and they loved it. I'm sure she's being exposed to it - maybe it's just not being communicated to you very well? I'd be concerned if the teacher wasn't using different types of text in the classroom, so maybe just check with her?
As regards your child being stretched, I think that's a seperate conversation really. My DD is in Y2, predicted level 3 for sats (not that I care about them or will bother to find out). I suspect she could be stretched more as she is clearly 'coasting'. However, she has lacked confidence in the past and is enjoying feeling good at stuff, so for the sake of this term I'm happy for her to enjoy that feeling to take into Y3 when as you say things get more serious.
My DS is in Y1 and a bit of a maths boffin, to the point that is bloody obvious to anyone who spends any time with him that Y1 maths would be a waste of time for him. His teacher has a plan in place for him and he gets 20 mins 1-2-1 every day on maths and is currently working at Y3 level, but they're tring the old 'sideways' streching. He needs streching, she doesn't. So I guess I'm saying if she's just slightly above the work they're doing I don't think the school has to pull out all the stops for her, but if she's really not learning a THING then they should.
Sorry so long, just my experience!