I love British flipping pancakes (5)
I believe the answer is:
blini
'pancakes' is the definition.
(I've seen this before)
'i love british flipping' is the wordplay.
'love' becomes 'nil' (love and nil mean zero in cricket and football).
'british' becomes 'b' (abbreviation e.g. in 'BBC').
'flipping' is a reversal indicator.
'i'+'nil'+'b'='inilb'
'inilb' back-to-front is 'BLINI'.
(Other definitions for blini that I've seen before include "Buckwheat pancakes" , "Russian pancakes" , "East European pancakes" , "Pancakes served with sour cream" , "Small buckwheat pancake" .)