Yellow blobs on dead wood
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.
I am pretty sure this is not Fuligo which has a more "granular" surface. This will(would) have developed into individual sporangia.
That's interesting; I saw one like this recently that was also identified here as F. septica.
There are others, too.
This and yours are not IMHO not Fuligo. Yours has developed the tell tale signs and stalk of something like a Stemonitis.
Oops ment globular not granular.
All given ID's are subject to error/ommissions. Please seek independent verification before acting on ANY advice given. BE SAFE =)
Lat/Lng: 51.1498, -2.8004
OS grid ref: ST441392