Stockings wrapped round face of Rodney Trotter? (5)
I believe the answer is:
horse
'trotter?' is the definition.
(horses trot)
'stockings wrapped round face of rodney' is the wordplay.
'stockings' becomes 'hose' (hose refers to stockings, tights etc).
'wrapped round' is an insertion indicator.
'face of' says to take the initial letters.
The first letter of 'rodney' is 'r'.
'hose' going around 'r' is 'HORSE'.
(Other definitions for horse that I've seen before include "It may get people stoned" , "Equipment in gym" , "Equine quadruped" , "what has croup in the end?" , "Its mouth a reliable source of info" .)