Coniophora puteana or arida possibly?

So on one branch my eye was drawn to a few small ovals of white fringes, each about an inch long, which it turned out appeared to be surrounding some thin dark brownish-grey oval crusts. 

With this unusual colour combination, perhaps these represent early development of a Coniophora species crusts, perhaps Coniophora puteana, a common cause of wet rot, or perhaps another species such as Coniophora arida? These and others are found in the south of England, so both are possibles. That's all I can think of, anyway!