Abstract: An adjustable utility shelf having a level work area and a secure means of carrying and storing small objects configured for attachment to a ladder. The utility shelf includes a housing, a pair of brackets at secure to an object such as a ladder, and a pair of extendable arms configured to receive large rolls of spooled items such as tape, paper towels, and the like, while folding horizontal and adjacent the sides of the housing to allow convenient storage while not in use. The housing may have a plurality of partitions that are attached to the base floor forming compartments and may have a lid configured to secure and store its contents. The compartment floors may be sloped to allow easy removal of contents, or magnetized to secure metal objects during transport or storage.