Molly Miggins is a junior witch who is given a place at the Witches Academy a year early. Molly is fast tracked through the witch grades by the Magic Council who send her on a series of tricky tasks. In The Yellow Eye, Molly is given a new task by the Magic Council. Molly is sent to the land of Splat to find a long lost jewel called the Bloodstone and return it to its owner, a sulking dragon called Fireshower. She must then persuade the dragon to hand over another jewel called The Yellow Eye which the Magic Council desperately wants to get back. All magic has been removed from the land of Splat so Molly must find a way to complete the task and outwit a sniffing witch and a pair of crafty goblins, without the assistance of her trusty wand, Wonky.