That's a nice bike. I'm not an expert, but all appears to be correct except for the added chainguard.
Below are some pictures of the 1934 Rollfast built bike I recently bought.
Mine is a Rollfast bike badged as a Royal Flyer.
If your rims are the same steel clad wood rims, then they too are correct, and they
would have had singletube tires on them
I bought this bike three months ago for the very fair price of $200.00
Good luck with your new bike.............................Wayne