Combine sugar, flour and cocoa. Put under broiler and brown, stirring frequently. Add a little milk until creamy. Heat the remainder of the milk to boiling point. Slowly add the cold milk mix, bring again to boiling point. Add vanilla and salt to taste(about 1/2 teaspoon vanilla and dash of salt).
Cube the bread and fry golden brown in the butter. Add the toasted bread at serving time.