Place flour, almonds, margarine, sugar and eggs into a bowl and beat together with a wooden spoon until glossy (about 1 - 2 minutes), toss cherries in a little plain flour and add to mixture. Mix inches.
Turn mixture into a 17.8 cm (7")greased and lined deep round cake tin. Bake in a pre-heated oven 160C/325F/Gas Mark 3 for 1 - 1/1/4 hours until top is springy to touch. Remove from tin, place on a wire rack and leave it to cool completely.