Preheat your oven to 160℃ (140℃ for fan ovens) and line an 8x10-inch baking tin.
In a large bowl, cream together the butter and sugar then stir in the almond extract.
Mix in the eggs, flour and milk, a little bit at a time, until you have a smooth cake batter.
Transfer ⅓ of the batter to your lined tin and swirl in half the cherry conserve. Top with another ⅓ of the cake mix and swirl the rest of the conserve into that.
Top with the remaining batter then sprinkle the flaked almonds on top. Gently press them down to help them stick.
Bake for around 30 minutes, until a toothpick comes out clean.
Let the cake cool in the tin for around 10 minutes then flip it out onto a wire rack and leave to cool completely.