In a magical land where Mother Goose stories come to life, evil Barnaby schemes to marry Mary Contrary for her inheritance. When his plan is thwarted by Mary and her beloved Tom Piper’s engagement, Barnaby sets his sights on getting rid of Tom. Tom is kidnapped by Barnaby’s bumbling henchmen, Gonzorgo and Roderigo, and sold to a band of gypsies. Barnaby seizes this chance to comfort the grieving Mary, convincing her Tom is gone for good and that she should marry him instead. Unaware of the evil plot, the Toymaker and other whimsical inhabitants of Toyland carry on with their preparations for Christmas.

Meanwhile, Tom escapes with the help of the gypsies and returns to Toyland, where he teams up with Mary and their friends to expose Barnaby’s wicked plans. They venture into the magical forest and encounter unique challenges that test their resolve and friendship. Their journey leads them to the Toymaker’s workshop, where they devise ways to thwart Barnaby's attempts to ruin their lives. Along the way, the inhabitants of Toyland come together to support Tom and Mary as they stand up against Barnaby’s tyranny. In showcasing the power of love and the magic of community, this enchanting tale remains a timeless adventure of good versus evil.