For paid eLearning contracts in UK at my career level experience, start up from nothing with no guaranteed work is minimum:
£50 – £100 general set up & registration
£100 insurance (various) p/yr
£775.00 elearning software costs for 1 yr (not including systems e.g. hosted Moodle could be £40 p/yr or hosted WordPress with LMS £160 per year)
£300.00 accountancy fees for 1 yr including tax return submission
£150 business banking for 1 yr
Total approx £1,600
If you factor that into hourly contracting rate that’s over £13 p/hr on top to break even.