Jasmine the Present Fairy is in trouble. The goblins are after her magic party bag! Can Rachel and Kirsty get things all wrapped up in time for the block party?

Friends Rachel and Kirsty, vacationing with their parents on Rainspell Island, go looking for the pot of gold at the end of the rainbow and instead find Ruby, one of the rainbow fairies who have been banished from Fairyland by Jack Frost, and promise to help unite all seven sisters and restore color to their world.

It's Queen Titania's and King Oberon's 1000th jubilee, and the seven Party Fairies are in charge of making the celebratory party extra-special! However, naughty Jack Frost has decided to sabotage the celebrations by hosting his own party, and in order to make his bigger and better than the kings and queen's he has sent his naughty goblins to steal each of the seven Party Fairies' magical party bags...if he succeeds the Fairyland celebrations will...

When Jack Frost steals the seven jewels in Queen Titania's crown, Rachel and Kirsty vow to help Sophie the sapphire fairy get her jewel back so that she can make wishes come true. Jack Frost has stolen the jewels from Queen Titania's crow and Sophie the Sapphire Fairy needs to get them back.

Rachel and Kirsty must retrieve the magic emerald which Jack Frost has stolen so that Emily, the emerald fairy can see the future.