In the case of companies described as a "Private company limited by guarantee without share capital", I understand that all Members of the company act as guarantors. In the case of it winding up, their liability is limited by the articles to a nominal fee (£1).
I understand that in a company limited by shares, there is no automatic prohibition on minors being shareholders, but they may not be bound contractually in some ways.
What happens in the case of a company limited by guarantee? Can a minor enter into a contract of guarantee in this case, and be held to paying £1 on the dissolution of the company? If not, does that mean minors cannot be Members of the company?
I can't seem to find anything relevant in the Companies Act 2006 - any sources for relevant information would be appreciated.