I am looking to setup a limited company for my children were they would be shareholders and I would be a director. There would be no adult shareholders, just the children.
I would invest money regularly for them and that money would be placed in a peer to peer lending platform to generate interest on the money invested. Profits would be reinvested each year for the purpose of building up a large pot in the future where the children once adults, can use the dividends as income or cash out and use the lump sum.
Is this possible?