This is part of a series designed for SEN students, but would work well for EL kids, too. There is a story and followed by comprehension activities with 4 skill levels as well as some printable materials to go with it. The rest of the series is expensive, with other fairy stories and even some Shakespeare around £25 per story, so I expect it is out of most people's budget which is a shame.
http://www.senassist.com/online/redridinghood.html?utm_source=Primary+Classroom+Resources+List&utm_campaign=e601d9286d-19_april_2013&utm_medium=email