The Further Adventures of Gobbolino and the Little Wooden Horse

From Author Wars - https://authorwars.com/publications/the-further-adventures-of-gobbolino-and-the-little-wooden-horse-571025.html

Overview:

Title: The Further Adventures of Gobbolino and the Little Wooden Horse
Author: Ursula Moray Williams
Year: 1984
ISBN-10: 0140317341
Publisher: Puffin
Pages: 174
Binding: Trade Paperback
Type: Novel
Title Reference: The Further Adventures of Gobbolino and the Little Wooden Horse
Notes: 1st ed. (paperback original, evidently) OCLC: -- "174 pages : illustrations ; 20 cm." -- "Series: Young Puffin original" Publ date from Amazon UK as of 2016-05-18 (no list price; front cover image from a later printing with same ISBN)

One bookseller image at ABEbooks.com as of 2016-05-18 shows the original illustration (under "A Young Puffin"), which evidently matches the illustration by Pauline Baynes for Adventures [...] (book 1 in companion edition)