On topic this time
It's been a while since I've done England, but I used to play it a lot.
As many have said, your religious policy is largely determined by your fortunes in France. One caveat, though, is that many of the western provinces you're likely to hold, will go reformed.
One thing to work on is how to handle the channel in the early, random combat, years. I've found a sort of "dance" works, with many modest-sized squadrons moving constantly through the channel, following one another at short intervals. This is because, with such things as quality, numbers, & leadership, being so nearly irrelevant to 15th C combat, the best thing you can do is have new forces regularly pumped into each battle. I'd consider this an exploit, except that the combat system is so absurd in the early part of the game, that a more realistic method is counter-productive.
In the Post-Elizabethan era, I've found that the traditional "perfidious Albion" strategy works great, although the AI doesn't seem to get it. The world's early colonizers are your natural prey. This is true whether or not you have many continental holdings. If not, you just snarf up more colonies, with each war--just be sure you have plenty of colonists before starting one, for when you burn the enemy's TPs. If not, you'll likely lose control of some provinces in France, but more than make up for them with colonies you've snatched. The result is similar, there will just be fewer colonies you get.
The key is that you can blitz the enemy's empire faster than he can take your European possesions.
Anyway, after the Civil War, you should just roll. Marlborough can conquer India, if you like. In the 19th C, Nelson carrying Wellington is sort of a proto-3rd/5th Fleet: an unstoppable land/sea combo--so invade anything you want. (Conciliate us Yanks, if you can--just pretend Burke is PM.)
And one other thing, if you stay Catholic, stick with the Stuarts, & try to become Emperor.