After the death of his friend "goat's paw" alias Pan, Peter became in the eyes of all "Peter Pan". He managed to repatriate from London to the island his gang of friends. All are working to organize their new life in the innocence and lightness of the children. One awaits the terrible revenge of Captain Crochet - who bears his name well since Peter cut off his hand - and there is a captivating race chase between "the guardian", the crocodile who has an awakening in the stomach, and the grotesque band of pirates, lost in the marshes of the island.