Ingredients
Peaches (4), strawberry preserves (1/4c), red wine (1bottle), sugar (1 1/2c) and water (for boiling).

Method Of Preparation:-
Take a large pot, place whole peaches in it and cover them with water. Keep it to boil for about 2 to 3 minutes. Take off the pot from heat and keep them to cool. When the peaches get cooled then slice them in half and take out the pit. Take a saucepan of medium size, place it over medium heat. Add wine and then dissolve sugar in it. Keep it to boil and then add peaches in it. Keep it to cook for about 30 minutes. Now take out the peaches from wine and keep the wine to cook until it gets reduced to one cup. Then add preserves in it and mix it well. Keep it for simmering for few minutes more. Place it in the refrigerator for about 4 hours to chill. Spread whipped cream over the top and then serve.