Welcome to Tnet.
You haven't given a size, but I assume they're tiny. I believe they're decorative cake-toppers. The ring-holding cherubs were used on wedding cakes and the rings were gilded (I can see traces of that remaining). Sometimes they're holding other things of a celebratory nature such as a wine goblet or a trumpet (also gilded). Usually they're made in Germany and sometimes have a maker mark. Late 19th to early 20th would be most likely.
Cute little things.
Thank you for the reply. The bottom markings read japan..