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Nicholas Campion from 1st Formations welcomes viewers to Whiteboard Thursday, focusing on company matters. Today's topic is the articles of association, discussing their necessity and purpose. All limited companies in the UK must have articles of association, which serve as the main constitutional document, adopted during incorporation. These articles outline the rules and regulations that the company and its officers must adhere to. The tutorial will also touch on Model articles and the memorandum of association, providing essential information for business compliance and governance. Viewers are encouraged to like and share the video if they find it useful.