1) Line a small sieve with a coffee filter. Put the yoghurt in it, set it over a bowl, and refrigerate 2 hours. Discard the expressed liquid and put yoghurt in a bowl.
2) Whisk the honey and essence into the yoghurt.
3) Cut the peaches into wedges. Sprinkle the yoghurt with a little of the cereal for texture and crunch. Serve yoghurt with the peaches for dipping.
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