Creating exclusive photo frame decorated with pearls

Start by creating a circular frame shape using custom shape tool.

From filter menu select Noise>>Add Noise. Apply settings as shown.

From filter menu select Artistic>>Plastic Wrap. Apply settings as shown.
Click on the "New effect layer" from the bottom of the effect window. From "Texture" roll out click on "Stained Glass". Apply settings as shown.
Create a new effect layer. From "Distort" roll out select "Glass". Apply settings as shown.
Press Q to enable quick mask. From filter menu select Texture>>Stained Glass. Apply previous settings.

Press Q again to disable quick mask. Create a new layer and fill the selection with white color.

Double click the layer to open layer style window. Apply settings as shown.
Reduce the opacity to 50%.

 

Select and merge all the frame layers. Duplicate the layer. Change the layer mode to "Multiply".
Insert any image of your choice. Move this layer below all the layers in layer order in layer palette. Place it as shown.
Insert a cutout of a pearl.
Duplicate the layer several times, scale down and place as shown below.