Father round to prepare Tolkien character (5)
I believe the answer is:
frodo
'tolkien character' is the definition.
(I've seen this in another clue)
'father round to prepare' is the wordplay.
'father' becomes 'fr' (abbreviation as in a priest's title).
'round' becomes 'o' (round can mean a round object).
'to prepare' becomes 'do' (I've seen this in other clues).
'fr'+'o'+'do'='FRODO'
(Other definitions for frodo that I've seen before include "In the sky" , "- - Baggins (Tolkein)" , "Hero of The Lord of the Rings" , "literary ring-bearer" , "Lord of the Rings protagonist" .)