This recipe will yield 500-600 gms of fondant.
1/2 tbsp gelatine
1/8 cup water*
1/4 cup glucose*
1/2 tbsp glycerine
1 tbsp butter.. I have used salted one
4 cups icing sugar
1/4 tsp almond extract
1/4 tsp lemon extract
* you can use 1/4 cup of corn syrup instead of liquid glucose but then take 1.5 tbsp of water.
Take powdered sugar in a big bowl or bowl of a stand mixer. Make a well in the middle. Best if you sieve your sugar twice which I did.
Take water in a small bowl. Add gelatine and leave it aside without touching for 5 minutes until the gelatine blooms or gets swollen.
Now either you microwave the gelatine for 10-12 seconds until it dissolves or put the bowl over simmering water.
As soon as it dissolves, add butter. Add glucose and glycerin. Add estracts. Here you can add colour of your choice.
As it gets smooth, wrap it up in cling film and refrigerate for 24 hrs.
Use when required, and knead well too before using.