In dreams, we often use children as aspects of ourselves. What part of you does he picture? The wolf is a symbol of a fear you have and apparently that fear threatens that child aspect of you.
The "friends" are now bloated snakes =JWs.
The dream is showing the progress of your life and the fact that you have a fear you still need to deal with.
You must remember that we dream in symbols. You get your emotions involved and start taking it literally. That is why it is hard to understand our own dreams.