The isomorphism between the (extended) BMS4 algebra and the 1 + 2D Carrollian conformal algebra hints towards a co-dimension one formalism of flat holography with the field theory residing on the null-boundary of the asymptotically flat space-time enjoying a 1 + 2D Carrollian conformal symmetry. Motivated by this fact, we study the general symmetry properties of a source-less 1 + 2D Carrollian CFT, adopting a purely field-theoretic approach. After deriving the position-space Ward identities, we show how the 1 + 3D bulk super-translation and the super-rotation memory effects emerge from them, manifested by the presence of a temporal step-function factor in the same. Temporal-Fourier transforming these memory effect equations, we directly reach the bulk null-momentum-space leading and sub-leading soft graviton theorems. Along the way, we construct six Carrollian fields {S}_0^{pm } , {S}_1^{pm } , T and overline{T} corresponding to these soft graviton fields and the Celestial stress-tensors, purely in terms of the Carrollian stress-tensor components. The 2D Celestial shadow-relations and the null-state conditions arise as two natural byproducts of these constructions. We then show that those six fields consist of the modes that implement the super-rotations and a subset of the super-translations on the quantum fields. The temporal step-function allows us to relate the operator product expansions (OPEs) with the operator commutation relations via a complex contour integral prescription. We deduce that not all of those six fields can be taken together to form consistent OPEs. So choosing {S}_0^{+} , {S}_1^{+} and T as the local fields, we form their mutual OPEs using only the OPE-commutativity property, under two general assumptions. The symmetry algebra manifest in these holomorphic-sector OPEs is then shown to be Vir overset{wedge }{ltimes overline{textrm{sl}left(2,{mathbb{R}}right)}} with an abelian ideal.