In World War II-era London, young orphan Peter finds himself whisked away from his bleak life in an orphanage to the fantastical world of Neverland, a place filled with pirates, fairies, and various other mythical inhabitants. Peter's life transforms overnight, from scrabbling for survival to embarking on an extraordinary adventure. He learns of his own significance in this magical land through prophecies speaking of a boy who has the power to change the fate of this realm.

Peter forms unexpected friendships with a swashbuckling, young adventurer named James Hook and the warrior Tiger Lily. Together, they must learn to work together to defeat the ruthless pirate Blackbeard, who has a dark agenda threatening the peace and sanctity of Neverland. Peter's quest leads him to uncover the truth about his mother's connection to this strange world and confronts him with his destiny—to become the hero known as Pan.