Mix the fat with sugar until frothy, gradually add eggs. Mix flour with baking powder and cinnamon and sieve, gradually adding, then stir in the nuts. Finally, fold in the well-drained cherries. Spread the dough on a greased tray or a sheet lined with paper, bake at 180 degrees for about 40 minutes.
For the topping: melt the chocolate broken into pieces with Palmin in a water bath, pour over the cooled cake.