Classic red velvet cake with smooth cream cheese icing, red velvet cake

sugar 51.5% , wheat flour 24.2% , cream cheese 12.1% , Margarine 6.1% , palm oil 3.0% , water 1.5% , soya oil 0.8% , salt 0.4% , E471 0.2% , artificial flavouring 0.1% , E160b 0.0% , to preserve freshness 0.0% , vegetable fat 0.0% , buttermilk 0.0% , soya oil 0.0% , egg 0.0% , skimmed milk 0.0% , CONTAINS LESS THAN 2% OF THE FOLLOWING 0.0% , egg white 0.0% , modified corn starch 0.0% , Raising agent 0.0% , natural and artificial flavouring 0.0% , salt 0.0% , whey 0.0% , PROPYLENE GLYCOL mono- and DIESTERS OF FATS and FATTY ACIDS 0.0% , E471 0.0% , sodium caseinate 0.0% , E412 0.0% , Colour 0.0% , soya lecithin 0.0% , E481 0.0% , E435 0.0% , E415 0.0%