Cut angelfood cake into 3 equal parts.
Spread raspberry preserves on the top of the bottom layer.
Drizzle half of the sherry on top of the raspberry preserves followed by half of the custard.
Spread raspberry preserves on the top of the middle layer, followed by sherry and custard.
Place the top layer of the cake on and top with whipped cream and almonds.
If you wish you may use a different flavor of preserves and use vanilla pudding in place of the custard.
I used a sugar-free angelfood cake that worked just fine; and since angelfood cake already doesn't have any fat, this makes this dessert low in fat and calories.