Preheat oven to 350°F and lightly muffin pan with nonstick cooking spray or use with paper liners.
In a medium bowl, mix together dry ingredients (flour, baking powder, baking soda and salt).
In a separate large bowl, mash bananas with fork until smooth. Add in the melted coconut oil, applesauce, almond milk, beaten eggs and honey. Mix well until no lumps.
Slowly add in dry ingredients to the wet ingredients, stirring just until mixed (over-mixing makes tough muffins!). Fold in cherries and chocolate chips.
Evenly divide the batter between the prepared muffin tins. Top with additional chocolate chips and bake for approximately 20 minutes, or until a toothpick inserted into the center comes out clean. Cool for at least 5 minutes and transfer to wire rack.