This describes an elderly person who has been abandoned in a rest home. They've refused to look at photos, achievements, memories, trophies... etc. because they remind them of when they were young and they only want to focus on how close they are to death. The person being described is in a similar situation to a trophy abandoned in a shed with paint tins, empty boxes... etc. It used to hold a lot of importance but now it's just another reject. The final stanza is a grandchild seeing what's become of their once loving grand parent.