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Cat runs, hiding in tree bearing biscuit (7)

Ross

I believe the answer is:

oatcake

I'm a little stuck... Click here to teach me more about this clue!

'biscuit' is the definition.
(I've seen this before)

'cat runs hiding in tree bearing' is the wordplay.
'cat runs' becomes 'atc' (I can't justify this - if you can you should give a lot more credence to this answer).
'hiding in' means one lot of letters goes inside another.
'tree' becomes 'oak' (oak is a type of tree).
'bearing' becomes 'e' (East, a compass bearing or direction).
'atc' put within 'oak' is 'oatcak'.
'oatcak'+'e'='OATCAKE'

Can you help me to learn more?

(Other definitions for oatcake that I've seen before include "Thin biscuit made of ground grain" , "Scots biscuit-like food" , "Traditional Scots biscuit" , "Traditional Scottish biscuit" , "Dry biscuit" .)

I've seen this clue in The Guardian.
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