LAY one sheet of filo on a flat bench. Spray with oil and top with another sheet. Repeat this process with remaining filo. Cut into 12 even rectangles, spraying the top sheet with oil. Place onto a lined oven tray and bake at 200ºC for 2 minutes or until crisp and golden. Cool.

HEAT sugar and vanilla in a non-stick pan over low heat until melted. Add peaches and cook a further minute until coated. Allow to cool. Meanwhile, combine Philly*, cream and sugar until smooth.

TO assemble, place 6 filo rectangles onto a board, top with Philly* mixture and peaches. Top with another filo rectangle, and sprinkle with icing sugar. Serve immediately.