Preheat the oven to 350 degrees

Mix the cream cheese filling by beating the cream cheese, granulated sugar and extract

Unroll the crescent roll and separate the triangles

On a baking sheet or pizza pan lined with parchment paper make a ring with the crescent rolls by facing the crescent rolls the same way and placing the bottom of the triangles in a circle formation on the pan - you should have an empty circle in the center of the rolls with the tips of the triangles draping over the baking sheet

Spoon the cherry filling onto the wide portion of the crescent roll

Top the cherries with cream cheese filling

Fold the pointed tips of the crescent over and push under the wide section - tucking them with a butter knife or similar utensil if necessary

Bake for 18-20 minutes or until the ring is golden brown

Mix the powdered sugar and milk

Drizzle over ring and serve