A Californian suburb, the present. When young Tolly loses a tooth, she hides it under her pillow for the tooth fairy. The tooth fairy's function is actually carried out by "dental reimbursement operatives", a workforce based in underground Fairytopia. Fairytopia's operations - principally the production of Christmas presents - were once driven by magic, but are now supported by cash raised by tooth retrieval. 

Teenage operative 565, known as Tooth, falls asleep while collecting Tolly's tooth inadvertently transferring all of Fairytopia's cash reserves to Tolly and her brother Tom's bedroom. Having bankrupted Fairytopia, Tooth is ordered by her boss, the Easter Bunny, to retieve the money before Christmas. Tooth returns to Tom and Tolly's house but the money has been taken away by binmen. With only hours left to save Christmas, Tooth, Tom and Tolly try to track down the mysterious Mrs C, who is believed to be able to restore the magic to Fairytopia. They are followed by Plug, a bounty hunter who has staked his reputation on capturing and proving the existence of both fairies.

After encountering the former associates of Mrs C, elves Jarvis Jarvis and Bon Bon, Tooth, Tolly and Tom are captured by Plug but escape with help from their would be torturer The Extractor (a former tooth fairy). The youngsters track Mrs C down to a retirement home for magicians. Intially reluctant, Mrs C (Santa Claus' wife), agrees to help. They return to Fairytopia but are followed by Plug and his men. Plug returns to the upper world with the Easter Bunny as a hostage and seals off access to Fairytopia. Encouraged by Mrs C, Tooth develops the ability to fly, and reopens the entrance to Fairytopia. With help from her colleagues, Tooth frees the Easter Bunny and defeats Plug.

Runtime:- 91 minutes