Water is a great solvent. It’s neutral and doesn’t provide any strong positive or negative effects. It just helps components to mix better and to transport active components.
Honey is a nice skincare component known for ages. It can reduce inflammation which is good for people with different skin problems. It can destroy microbes and bacterias helping to fight with skin infections. It helps to improve regeneration and heal small wounds. It's not only good anti-damage and soothing component but also a nice moisturizer. Remember, that despite all the benifits Honey is a food allergen...
Lactic Acid is the most popular and the least aggressive acid among all the AHAs. Unlike Salicylic and Glycolic acids which can irritate your skin, Lactic Acid will hardly cause any problems. The combination of its soft action and effectiveness makes it a real brilliant. It exfoliates dead cells, makes the skin tone even, clears pores, kills bacteria, moisturizes the skin and helps to keep water, helps the cells to produce Hyaluronic Acid. It also works as a strong antioxidant and anti-aging component.
It's a great acid for getting familiar with the world of AHAs. If you want to start using "fruit acids" but struggling for some reason, try to use Lactic Acid first. If your skin accepts it well, you can try stronger acids.