This is a difficult one to accuratley identify, so I maybe mistaken here, but it was found on a fallen rotting branch beneath an oak tree in woodland. It is a ruspinate, crust-like fungus which is ochraceous and full of pores.
Found on rotting wood of broad-leaved trees and other rotting herbaceous matter. It appears to be often over looked.
Photograph of Lindtneria trachyspora taken January 2012, local wood, Staffordshire. © Pete Hillman 2012. Camera used Panasonic Lumix DMC-FZ38.