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Prepare the Panna cotta a day in advance.
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In a small bowl bloom the gelatin with the cold water and set aside for a few minutes while you heat the cream.
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In a medium pot over medium high heat, bring the cream, milk, sugar and vanilla bean to a boil.
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Turn off the heat immediately and add in the thickened gelatine mixture. whisk until the gelatin has dissolved completely into the warm cream mixture.
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Add in a pinch of salt add the vanilla extract. Avoid over whisking.
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Divide the Panna Cotta over 4 ramekins and set to chill in the fridge for a minimum of 6 hours, preferably overnight. Chill the Panna Cotta uncovered.
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On the day of serving, cook the cranberry sauce.
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Add all ingredients to a medium pot over medium high heat and cook while stirring until the cranberries cook down and the sauce thickens.
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Chill the cranberry sauce for 2 hours.
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To un-mold and serve the Panna Cotta, add hot water (not boiling) in a shallow dish. Dip the bottom of the ramekins in the hot water for just a few seconds. Be careful not to heat the bottoms too much as it will cause the dessert to start melting.
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Flip the ramekins to the serving plate and top each with cranberry sauce.
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Serve and enjoy!!!