Preheat the oven to 180°C (350°F). Grease and flour a baking pan.
In a bowl, beat the eggs, sugar, vanilla essence, and oil until well combined.
Add the cake flour, baking powder, and salt to the mixture, alternating with the milk, and mix until smooth.
Pour the batter into the prepared pan and bake for 30 minutes or until a toothpick inserted comes out clean.
While the cake is baking, prepare the syrup by combining the sugar, water, and red food colour in a saucepan. Heat until the sugar dissolves, then set aside to cool.
Once the cake is baked and cooled, cut it into small pieces. Dip each piece into the syrup, then roll in desiccated coconut.
Mix the icing sugar with hot water to form a thick paste. Use this to join the cake pieces into snowball shapes.
Allow the snowballs to set before serving.
Notes
Store the snowballs in an airtight container to keep them fresh.