Is it true that is scott and sid based on a true story based on the following text?

Scott and Sid is the 2018 coming-of-age feature film directed, written and produced by Scott Elliott and Sid Sadowskyj. Based on the filmmakers' real lives, this tale evolves around the lives of the two male protagonists as they strive to fulfil a list of ambitions made when they were 15, with the ultimate goal to make a film before they reach the age of thirty. The film stars Richard Mason and Tom Blyth, both making their debuts as the lead characters in the film, whilst Charlotte Milchard takes on the supporting role as Sid's mum. The film was theatrically released in the UK in March 2018, by Dreamchasers Film Ltd.
yes