London, 1927: Alf Stokes and his daughter Ivy are given the sack from their jobs on the music halls. Alf decides that he has no option but to go into service as a butler. When he arrives at the residence of Lord Meldrum, some familiar faces await him.

Alf is being blackmailed by the local pawn broker into letting him burgle the house. Lord Meldrum allows Cissy & Poppy to hold an evening of progressive poetry in the dining room. At last the relationship between Alf and Ivy is revealed to James.

Alf has hidden some of the money in one of his Lordship's antique vases - unfortunately Lord Meldrum has donated three identical vases to the Bishop's auction for Distressed Gentlewomen. James and Ivy are in a race to stop Alf retrieving the money...

Excitement runs through the household when it is announced that the King and Queen of Dalmatia are coming to dinner, although Mrs. Lipton is upset to find that she will not be doing the catering. In addition, Noel Coward is expected to join them after the opening night of his new play...

Alf is being pestered by Mrs. Lipton to finalise his divorce so he gets an old friend to agree to pose as Mrs. Stokes. Meanwhile, he has a brainwave to make some money by fooling Mrs. Lipton into baking some cakes, which she thinks are destined for the local orphanage...

Alf continues to supply the Sunshine Pantry with Mrs. Lipton's cakes. Myrtle pays a visit to the house posing as Mrs. Stokes but can she persuade Mrs. Lipton?...

Twelvetrees gets an offer to be butler for Sir Ralph and Lady Agatha. Mabel is on the verge of being evicted from her home. Meanwhile, Alf comes up with a drastic solution to Teddy's problem...

Meldrum is convinced that Sir Ralph has put a curse on him. In addition, the rubber plantation in Malaya has been ravaged by the Bangokhan beetle. The family face financial ruin!...

Things look bleak for the Meldrums with most of their money lost on the stock market crash and the effects of the Bangokhan beetle. Cissy and Lavender try to save the situation, but the servants have little choice but to look elsewhere for their futures...