Place 1/4 cup sugar and water in dish, and cook uncovered at HI 2 minutes. Stir well then cook, uncovered, for a further 3-4 minutes or until the mixture is a dark brown. Keep aside.
Beat eggs, cornflour, vanilla and sugar together. Add the milk in a stream, beating all the time.
Pour mixture into the dish and cook covered, at 30% for 10-12 minutes, turning the pan half way through.
Cool, un-mould and serve. You might have to adjust the time after trying once or twice.