In 1930s London, Michael Banks lives in his childhood home with his three children, Annabel, John, and Georgie, after the death of his wife a year earlier. Michael has taken a loan from his employer, the Fidelity Fiduciary Bank, and is three months behind on payments. Wilkins, the bank's corrupt new chairman, sends associates to warn him that his house will be repossessed if the loan is not repaid in full by Friday. Michael and his sister Jane recall that their father left them shares in the bank that should cover the loan, and they search the house for the share certificate. During the search, Michael finds his childhood kite and disposes of it.
