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£1 Banana Chocolate Vegan Honey Cake

This thrifty banana chocolate vegan honey cake is not only delicious, but it can be cut into eight generous slices. It’s really easy to make and it’s nice and sticky too.

Chocolate banana vegan honey cake on a board with a slice cut out.

Did you ever think it was possible to make a decent sized chocolate cake for a £1? I certainly didn’t. Not, that is, until I set myself the challenge of doing so. 

Live Below The Line

As many of you will know some intrepid people are taking part in the Live Below the Line challenge this week. This is a campaign to raise both awareness and money for the 1.2 billion people living in extreme poverty around the world. Yes, some people live on £1 a day, or even less.

We are so lucky living in one of the richest countries of the world. Even though we moan about the cost of food and some families have been struggling in the current recession, it is as nothing compared to those who genuinely have little, or even no, food, fuel or home and certainly no welfare state to look after them.

Participants have been challenged to spend only £1 per person per day on food and drink for five days and raise funds whilst they are doing so. Vanesther of Bangers & Mash is putting her family through its paces and taking part this year as is Michelle of Utterly Scrummy.

Ceri of Natural Kitchen Adventures too the challenge earlier last month to help promote the cause. Hats off to them. Well if they can live off £1 for a whole day, surely I can have a go at making a cake for £1.

Chocolate Cake for a £1 Challenge

A few months ago Froogs of Frugal Queen challenged me to make a cake for £1. A chocolate cake for a £1? Really? I thought not, so let it sit on the back burner – until now.

So, I’m challenging you all for this month’s We Should Cocoa to try making a chocolate cake for £1 (or equivalent currency). I didn’t think it was even possible, so I will be particularly interested to find out how you fare.

Please make your best effort and if it can’t be managed, then let us know how much over £1 it cost. I know you are an inventive lot, so I’m pretty sure some of you will work wonders. I leave you to interpret the £1 as you will, but I’m thinking cost of ingredients rather than oven time.

Good luck and I look forward to seeing what you all come up with.

£1 Banana Chocolate Vegan Honey Cake

To get you all in the mood, this £1 banana chocolate vegan honey cake was the first of two I made for this challenge. The second one was this malted hot chocolate cake. I surprised myself hugely and managed to get them both within budget.

Granted, it’s not a rich chocolate cake, but it is the sort of chocolate cake that kids, as well as adults, will enjoy. It reminds me of a banana version of sticky gingerbread. It’s really good.

A slice of banana chocolate vegan honey cake on a grey plate with strawberries and cream. The main cake on a board in the background with a blue napkin.

As the cake has a lovely sticky texture, it stands up well on it’s own. It doesn’t really need any adornment, but you could dust it with cocoa powder if you like. Although it’s meant to be a frugal cake, I have been known to serve it with whipped cream and homegrown strawberries.

Thrifty Vegan Chocolate Cake: Step-by-Step

This banana chocolate vegan honey cake is really easy to make and it takes very little time too. The recipe makes an eight inch (twenty centimetres) round cake and it serves eight people.

1. Mash the banana

Use a fork to mash the banana in a bowl along with the sugar. Add the dandelion honey, vinegar and oil and stir well until combined.

2. Sift the flour

Sift all of the dry ingredients, including the cocoa powder, into a large bowl.

Sieving wholemeal spelt flour and cocoa powder into a bowl.

3. Combine the two

Make a well in the flour and pour the banana mixture into the middle. Using the same fork, or a wooden spoon, mix gently from the inside out until everything is just combined.

Adding wet cake ingredients to the dry ones.

4. Add water

Pour in the water and stir gently until just combined.

Mixing water into vegan chocolate cake batter.

5. Pour into baking tin

Scrape the mixture into an eight inch (twenty centimetre) round silicone mould or lined cake tin. Gently tap the tin on a hard surface to remove any air bubbles.

Vegan cake batter just about to go into the oven.

6. Bake the cake

Bake the cake in the centre of a preheated oven. It will take around forty minutes to bake, but it’s a good idea to check it after thirty five minutes. If the cake is set and the top firm to the touch, it’s ready to come out.

Thrifty vegan chocolate banana honey cake just out of the oven.

Leave in the tin for ten minutes before turning out onto a wire rack to cool completely.

What To Use Instead

In fact, I was so impressed with this vegan banana chocolate honey cake, that I’ve made it several times since the original challenge. You don’t have to use the exact ingredients I’ve given in the recipe card at the bottom of the post. I’ve listed here, some of the substitutions you can use.

Flour

As I don’t need to count the pennies in quite the same way, I now use wholemeal spelt flour instead of ordinary plain flour. It works a treat and rises just as well. If you do use wholemeal flour instead of plain, it’s best to sift out any really large pieces of bran as they can inhibit the rise.

I just use a wide mesh sieve and try and get through as much as I can. Anything left over, which generally isn’t much, I put into the compost bin.

Sugar

These days, I also tend to use light muscovado sugar instead of golden caster sugar as it gives such nice caramel tones. It also helps to keep the cake moist.

Dandelion Honey

I still use my homemade dandelion honey, but if you don’t have any, there are a number of other options. You can now buy vegan honey, so that’s a possibility if you’re vegan. If you’re not, use regular honey instead. Alternatively, go with golden syrup, which is generally much cheaper.

Vinegar

Malt vinegar is usually the cheapest vinegar to buy, so that’s why I used it in my original recipe. However, any vinegar will do. I usually use my own kombucha vinegar, but wine or cider vinegar would be fine too. Balsamic vinegar works really well in this celebratory vegan chocolate cake recipe, so use that if you fancy it.

How Much Does It Cost To Make Vegan Chocolate Cake?

This is how much my vegan banana chocolate honey cake cost me. Bear in mind that the prices are from May 2014, so it’s really only a snapshot.

Homemade cake for a £1 cooling on a wire rack.

The banana was the most expensive part of the whole cake and accounted for twenty percent of the total. I also made my own dandelion honey. If you use real honey or even golden syrup, it’s likely to be a bit higher. Having said that, I used a couple of organic ingredients, which cost more than non-organic ones. So you could make a couple of price wins there.

Here are the costings:

  • 190g plain flour – 15p
  • 100g golden caster sugar – 17p
  • 40ml organic sunflower oil – 12p
  • 9 tsp G&B cocoa powder – 27p
  • 1 large banana – 20p
  • 2 scant tbsp dandelion honey – 6p
  • 1 tsp baking powder + pinch salt – 2p
  • 1 tbsp malt vinegar + ¼ tsp bicarb of soda – 1p
  • 150 ml water – 0p

Grand Total = £1

Extreme Poverty – The Facts

  • 870 million people do not have enough to eat — more than the populations of USA and the European Union combined.
  • 98% of the world’s undernourished people live in developing countries.
  • Two-thirds of the world’s hungry live in just 7 countries: Bangladesh, China, DR Congo, Ethiopia, India, Indonesia and Pakistan.
  • Around 60 percent of the world’s hungry are women.
  • 1 in 6 infants are born with a low birth weight in developing countries – Malnutrition is the key factor contributing to more than one-third of all global child deaths, resulting in 2.3 million deaths per year.
  • Every fifteen seconds, a child dies from hunger-related diseases.
  • 13 million people (1 in 5 of the population) live below the poverty line in the UK, 2.3 million of these are children.

Keep in Touch

Thanks for visiting Tin and Thyme. If you make this vegan banana chocolate honey cake, I’d love to hear about it in the comments below. And do please rate the recipe. Have you any top tips? Do share photos on social media too and use the hashtag #tinandthyme, so I can spot them.

For more delicious and nutritious recipes follow me on TwitterFacebook, Instagram, Flipboard or Pinterest. And don’t forget to SUBSCRIBE to my weekly newsletter. Or why not join the conversation in our Healthy Vegetarian Whole Food Recipes Facebook Group?

If you’d like more vegan recipes, follow the link and you’ll find I have quite a lot of them. All delicious and nutritious, of course.

Choclette x

Thrifty Vegan Chocolate Cake. PIN IT.

Banana chocolate vegan honey cake.

£1 Banana Chocolate Vegan Honey Cake – The Recipe

Chocolate banana vegan honey cake on a board with a slice cut out.
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5 from 1 vote

£1 Banana Chocolate Honey Cake

A frugal but delicious dairy and egg free chocolate banana cake. Real honey can be used for non vegans, but it works well with dandelion honey.
Prep Time20 minutes
Cook Time40 minutes
Total Time1 hour
Course: Afternoon Tea, Dessert
Cuisine: British
Keyword: cake, chocolate, frugal, vegan
Servings: 8 people
Calories: 213kcal

Ingredients

  • 190 g plain flour (all purpose flour)
  • 3 tbsp cocoa powder
  • 1 tsp baking powder
  • ¼ tsp bicarbonate of soda (baking soda)
  • 1 pinch sea or rock salt
  • 1 large banana
  • 100 g golden caster sugar
  • 2 tbsp vegan honey (I used homemade dandelion honey)
  • 40 ml sunflower oil
  • 1 tbsp malt vinegar
  • 150 ml water

Instructions

  • Sift the dry ingredients into a bowl.
    190 g plain flour (all purpose flour), 3 tbsp cocoa powder, 1 tsp baking powder, ¼ tsp bicarbonate of soda (baking soda), 1 pinch sea or rock salt
  • Mash the banana in with the sugar, oil and vegan honey, then add the vinegar and water.
    1 large banana, 100 g golden caster sugar, 2 tbsp vegan honey, 40 ml sunflower oil, 1 tbsp malt vinegar, 150 ml water
  • Make a well in the centre of the dry ingredients and slowly add the liquid stirring gently as you go until everything is just mixed.
  • Pour batter into a prepared 8″ (20 cm) cake tin or mould and bake in a pre-heated oven at 180℃ (160℃ fan, 350℉, Gas 4) for about 40 minutes or until a skewer inserted into the middle comes out clean.
  • Leave to cool for a few minutes, then turn out onto a wire rack to cool completely.

Notes

Can use ordinary honey or golden syrup instead of the vegan honey.
Please note: calories and other nutritional information are per serving. They’re approximate and will depend on serving size and exact ingredients used. Please refer to my nutrition disclaimer for further information.

Nutrition Estimate

Calories: 213kcal | Carbohydrates: 40g | Protein: 3g | Fat: 6g | Saturated Fat: 1g | Polyunsaturated Fat: 1g | Monounsaturated Fat: 4g | Sodium: 42mg | Potassium: 160mg | Fiber: 2g | Sugar: 19g | Vitamin A: 9IU | Vitamin C: 1mg | Calcium: 29mg | Iron: 1mg
Tried this recipe?Leave a comment below letting us know how you got on and do share a photo on Instagram. Tag @choclette8 or use hashtag #tinandthyme.
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41 Comments

  1. This is a brilliant Idea, I must say it would be an achievement of sorts if anyone can manage in £1 The cheapest chocolate treats are the bars in discount stores but a cake! It’s a great opportunity for those not participating in the Live Below the Line challenge , Kudos to Vanesther for doing that!Eagerly waiting to see all the entries that link up!

  2. I have priced up my standard all-in-one chocolate cake and it comes out at £1.39 using cheapest own brand ingredients.
    The only way to do it would be to make a smaller cake, say 6″ instead of 8″.
    But as it’s not possible to buy just 100gm of flour, 2 eggs and so on, it would require a total investment of £6.80 to buy the full packs of ingredients. Then there’s the cost of the baking in the oven.
    I think If I only had £1, I would be tempted to buy a cheap cake from Aldi or Lidl. I will be fascinated to see how people make a good quality home-made chocolate cake for £1, and will be full of admiration for those that do.

  3. I just priced up my standard vegan loaf cake and it works out at 58p if you buy the cheapest ingredients from Tesco. So now I have 42p to spend on making it chocolatey 😉

  4. A great idea! I opted out of the the live below the line challenge. It costs me £5 in fuel just to get to the nearest supermarket where the cheap food is. It would be impossible to do if I shopped at my local village shop! I will get my thinking cap on for a £1 chocolate cake 🙂

    1. Yes, there are so many factors to take into account, but it’s really interesting to here the whys and wherefores from different people. But it is best attempt

  5. What a great idea for a challenger. I just think I might light to take this on! Thanks so much for mentioning my blog above. Taking part in the live below the line challenge was one of the most thought provoking things I’ve done.

  6. Tricky! I’ve just priced up what I thought would be the cheapest cake I know, and it was just under £1 if I used eggs which weren’t free range. No money left for a filling though! I’ll have to rethink; I’m determined to produce something!

  7. such a brilliant idea C!… plus it means that those of us who couldn’t do the £1 challenge can take part in some form… I LOVE it and am looking forward to trying!

  8. Great idea, tricky though! I reckon I might have it with my grandma’s ration book chocolate baskets recipe, it’s on my blog – will check the maths!

  9. As a child my favourite chocolate cake recipe was ‘Mrs Beetons Economical Cocoa Cake’ I will price it up and see if I can get anywhere near the £1 spend. May have to halve the ingredients, but it was a large cake.

  10. This is such a fabulous idea and a real challenge, I love it!

    Can you work out the cost of the ingredients for the amount you use, rather than the total cost? So if you used 200g of flour from a 1kg bag would you account for a fifth of the cost of the whole bag?