Stir together flour, oats, salt, baking powder and spices.
In a large bowl, cream the butter and sugar. Beat in the eggs, then the apple sauce and milk.
Beat flour mixture into apple sauce mixture. Stir in the raisins and nuts. Pour batter into a greased and floured tube cake tin.
Bake in preheated oven at 180 C / Gas 4 for 65 minutes or until a skewer comes out clean when inserted into the centre of the cake. Let cake cool on a wire rack.