Growth on a windmill palm

Be_x

Hi! I think this is a windmill palm? We’ve noticed some unsightly yellow growths around the middle - does anyone know what these are? I can’t work out if it’s a fungus or type of flower (we’re not green-fingered at all as you’ve probably guessed!) 

Borderline

The unsightly yellow growths are the flowers. Then they turn to small fruit afterwards.

Be_x

Thank you - just realised the photo didn’t upload. We’ll leave alone. Hopefully the flowers will turn out nicer than they currently are!

Be_x

Thank you @Treeface - they make me feel sick and don’t want the dog to eat the seeds when they start to fall. Will it harm the plant if we cut them off?