Nursery funding

Can someone please explain nursery funding to me as I’m trying to figure out our finances for when I’m back at work. Would we qualify for any funding for our LO starting nursery in April 2025? Our combined income before tax is £120K.
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I’ve got on to the gov website, answered a few questions and it’s told me what I’m intitle too x

You would qualify for the free hours as well as the tax free childcare account if your in England. Have a look on the childcare choices website, you can add in yours and babies details and it will tell you what your entitled to and from when.

100k net is the limit for earnings. All babies born in April 24 can use the funded hours at nursery, the term following them turning 9 months. So for us that term begins on 21st April 25.

Also, depending on what you earn individually, you might be entitled for child benefits

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