In a medium glass bowl, sprinkle gelatin over the cold water and let stand for 5 – 10 minutes.
Meanwhile, add the heavy cream, half & half and honey to a medium saucepan. Stir over medium heat until honey is dissolved. Remove from heat and add vanilla extract.
Pour the warm mixture over the gelatin and stir until thoroughly dissolved.
Divide into wine goblets and cool to room temperature. Refrigerate for at least 4-6 hours before serving.
To serve, top with seasonal fresh berries, caramel sauce or drizzled with honey.