Preheat the oven to 160˚C fan / 180˚C / 320˚F convection / 356˚F
Line a 20cm x 27cm (8" x 6") tin with baking paper / baking parchement
Weigh the four eggs in their shells and use this amount for the margarine/butter, white sugar and plain flour.
Cream the margarine and sugar with vanilla until pale and fluffy (you can do this by hand with a spoon or in a food processor).
Mix the flour with baking powder.
Add one egg to the margarine / sugar and stir lightly before adding ¼ of the flour.
Repeat with the remaining eggs and flour.
Add 1 tablespoon milk and mix, adding a little more if the mixture looks dry - it should just drop off the spoon.
Spoon in to the prepared tin and bake for 30-35 minutes until a skewer inserted into the middle of the cake comes out clean.
Cool in the tin for 10 minutes before turning out to a wire rack to cool completely.
When completely cold, prepare the icing: sift the icing sugar / confectioners sugar in to a bowl and add a little water at a time, until you get a smooth thick icing.
Spoon the icing over the cake then sprinkle with sprinkles straight away whilst the icing is wet.
Cut in to pieces and enjoy!
Store in an airtight container for 3-4 days.