Little chap holding a bottle (5)

I believe the answer is:

phial

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'a bottle' is the definition.
(I know that phial is a type of bottle)

'little chap' is the wordplay.
'little' becomes 'phi' (I am not sure about this - if you are sure you should give a lot more credence to this answer).
'chap' becomes 'Al' (man's name).
'phi'+'al'='PHIAL'

'holding' acts as a link.

Can you help me to learn more?

(Other definitions for phial that I've seen before include "Source of medicine" , "Ampoule" , "glass container" , "Small bottle for liquids" , "Small glass bottle for perfume or medicine" .)

I've seen this clue in the Evening Standard.

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