Resupinatus applicatus, Smoked Oysterling.
You really need your hand lens to admire this beautiful little fungus. It will appear to be growing upside down, with the cap attached to a dead branch (no stipe) and the gills facing you. The fruiting body is 0.5 - 1.5 cm in diameter, roundish, with minutely scalloped cap edges. It is brownish grey, with paler grey gills, which are widely spaced with shorter intermediate gills. There are only two records for Guernsey, but it is so small it has probably been overlooked. I know the name is tempting, but it is classed as inedible!