Amazon has the Learning Resources Pretend and Play School Set UK on offer for £17.98 instead of the RRP of £36.50. It's also available at Toys R Us for £25, but that doesn't include postage, so it's an all round good deal, I'd venture.
I remember playing school as a child. I was always the teacher and the neighbourhood kids were the students - often whether they wanted to play or not, poor things.
This Pretend and Play School is a 149-piece set that includes everything you need for the ultimate pretend classroom.
You'll find a grade book, stickers, hall passes, clock, bell, dry erase board and crayons, calendar, double-sided map and much more in a convenient 40.5cm x 96.5cm tri-fold carry board.
The set is aimed at ages 3 - 9 and is spelling used is UK English.
Reading the reviews though, you'd need to buy some dry marker pens to go with it, so your recipient isn't disappointed when they open it.