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Some fungi are very poisonous so a mistaken ID could have serious consequences.
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Hi, I think this is called Witches Butter, exidia glandulosa or could it be King Alfred's Cake- daldinia concentrica (poor King Alfred)!!
I am not sure which tree it is but the perithica of both species are very similar and the stroma of H multiforme usually takes on an elongated shape as though it has run down the side of the log. So based on that I would stick with H fragiforme but I have been wrong often enough to know without checking the spores we may never know.
Lat/Lng: 50.672135411589, -3.3180320262909
OS grid ref: SY069866