Peter
I use RAACO wall mounted cabinets – drawers labeled with “Dymo” tape
For screwing kit – one drawer per thread size containing tap(s) & die. For some commonly used sizes also tapping drill ( and clearance too if you can be sure not to use this in error when tapping!) . Just remove drawer from cabinet and carry to job then return all on completion.
Counterbores together in one drawer.
Small end mills/ slot drills again 1 drawer per size.
Larger milling cutters, boring tools such as Roy shows, go in those little storage trays, available from Machine DRO, in the drawer of a Bisley cabinet ( bought very cheaply at the local tip!)
Centre drills, countersinks and reamers – I use Roy’s method of the wooden block and they live on a shelf near the drill press.
I may be a bit fussy but I also have RAACO cabinet drawers for each size of fastening I use frequently. Hence if I want (say) a 6BA nut bolt and washer they will all be in one drawer and again I just take this to the job . Folk may say I’m fussy but I used to keep this stuff all together in a box and it took me ages to find anything. It did take me a while to sort out but now I can put my hand on the thing I want straight away.
Cheers
Norman