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In a bowl mix together the flour, baking powder, bicarb and salt.
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In a second bowl place melted margarine, sugar, oil and vanilla extract, whisk together with an electric whisk until smooth for about 1 minutes
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Whisk the eggs into the butter mix one at a time until well combined.
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Whisk in 1/3 of the flour mix, followed by half of the milk, then repeat ending with the final third of the flour.
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Grease 4 donut moulds with butter or oil and fill until three quarters full, then place in an oven preheated to gas mark 6/200c and and bake for 15-20 mins until golden brown on the top and a skewer or toothpick comes out of donut clean.
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Place the donuts on a wire rack to cool then decorate. We used 100g icing sugar mixed with a dash of water until think and spreadable, placed half of it thickly on the top of two donuts and let it run down the sides, and then dyed the rest with food colouring for the remaining and drizzled a drop of melted chocolate over. However you could just sugar them, use chocolate, icing and sprinkles or just decorate however you want to.