Open your tube and set aside for right now.

open frame 3 copy n paste as new layer
resize by 50 % place in center
grab your close up if you have one and
copy and paste as new layer
Place below your frame
add a luminance to your close up
Take the opacity down to about 45%

grab you magic wand
click inside your frame layer
Go to selections and invert
Highlight your tube layer and hit delete

open up paper 10
copy and paste as new layer
move below your tube layer
Layers, load and save mask
Merge group

Open up your naughty or nice book
copy and paste as new layer
move above all other layers
resize by 50% then again by 70%

free rotate left by 45 degrees
place at the bottom right of your image

Now open up your tube
Copy and paste as new layer
Move to the right above your book

open up santas sleigh
copy and paste as new layer
resize by 30%
Place bottom left of your frame

open up your stocking Red
copy and paste as new layer
resize by 30%
Move to the top right
below your tube layer

I added a simple Naughty or Nice
With a Gradient glow.
I am using the font CK Kimono for that
as well as the name

Add your name and copyright and your done