The mask is from Sharlimar.
The frame is from Cordelia.

Download the rest of the supplies here.

Let's start!


Open a new image 600 x 500 white.

Layers - New Raster Layer.

Choose a colour from your tube, I used #682554 and fill your layer with it.

Layer - New Mask Layer - From image:

Layers Merge - Merge Group.

Copy frame4_byCordelia and paste as a New Layer.

Use your Raster Deform Tool to fit the frame - see example

Activate your Mask Layer (group - raster 2)

Copy your tube and paste as a New Layer.

Move you tube into position and resize if necessary.

Layers Duplicate - Arrange - move up.

With your Selection Tool, delete the bottom part of your tube so that the frame is visible.
See example.
 

Activate the layer of your bottom tube > Effects - 3D Effects > Drop Shadow : 2-2-75-8 Black.

Activate your white background layer.

Image - Canvas Size:

Fill with your white colour.

Activate the Top Layer.

Copy the BuckledRibbon and paste as a New Layer.

Move to the right of your image and give it the same drop shadow as before.

Copy adorno2 - the screw and paste as a New Layer.
Move to the top of your buckled ribbon.

Layers - Duplicate - Image - Flip.

Layers Merge - Merge All (Flatten).

Add your watermark, name and text on the right hand side of your image.
I used the font P22Parrish .