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In this episode of Whiteboard Thursday, Nicholas Campion from 1st Formations discusses the importance of articles of association for limited companies in the UK. He emphasizes that all such companies must have these articles, which serve as the main constitutional document, defining the legal rules and regulations that the company and its officers must adhere to. Additionally, he touches on the concept of Model articles and mentions the memorandum of association. The purpose of this tutorial is to clarify whether articles of association are necessary and to outline their function within the framework of company law.