Small orangey-brown fungus with slim yellowish stem.
Caution: Do NOT use iSpot to identify fungi to eat!
Some fungi are very poisonous so a mistaken ID could have serious consequences.
No interactions present.
It could be winter twiglet, T.hiemalis, although it lacks the mealy bloom which that species tends to have.
I agree that it might be a waxcap, but I think there are several species that it could be (not that I'm an expert on them). There is a useful key to Waxcaps here: http://www.aber.ac.uk/waxcap/what/key-main.shtml I suggest you add a revised ID of Hygrocybe, which I, at least, would agree.
Thanks for your comment. I've checked out your link and agree it's best just to say Hygrocybe.
Lat/Lng: 50.637, -2.4546
OS grid ref: SY679820