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Cream the butter and sugar.
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Add the yolks and milk, beat again.
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Add the walnuts and flour.
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Beat the egg whites until soft peak stage.
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Fold in to the mixture carefully, you want the egg whites to add volume.
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Carefully pour batter into a greased and lined 9 inch round cake tin.
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Bake at 185oC oven for 40-45 minutes, until done when tested.
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Chill in the fridge after 10 minutes on the cake airer.
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Keep in the fridge for 1 hour.
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Remove from tin when cold/chilled.
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Serve as is with whipped cream or create layers and fill each layer with butter cream.