Preheat oven to 180 degrees.
Remove the crust of the bread. Cut diagonally and arrange in a baking tray.
Heat milk along with sugar. Allow to cool slightly.
Whisk egg and vanilla essence in a bowl.
Pour the milk into the egg and whisk continously to avoid egg from curdling.
Pour over the arranged bread. Sprinkle the raisins and the cut apricot above it. Allow the mixture to sit for 15 minutes.
Bake for 25 minutes or till the top is done. Serve warm with a dollop of cream!