What is memory?
It is the process in which humans classified and stored experience and information, with remembrance being the method such information were drawn. Memories are a fundamental mechanism of human thought, to lose the ability to memory meant humans would lose everything they need to survive, including self, interpersonal relationships, skills, information and the like.
In ancient times, humans believed that their soul, memories thinking and will exist independently from their body. After the Flesh was ruined, human souls and memories would remain, their thoughts and will unharmed—the origins of the world beyond death, as well as legends of ghosts and spirits.
In fact, in Mycroft, memories, thinking and will have hosts—specifically the cerebral cortex, hippocampus, striatum, amygdala, temporal lobe, parietal lobe and other parts of the brain. With Extraordinary powers, the soul would also embody part of memories and thoughts.