That is what we should get:

Next we’ll choose the
Custom Shape Tool (U) and will select the Circle Thin frame from the next list:

Press on next combination of buttons
Alt+Shift and make a circle, like it is shown next picture:

Take next the
Direct Selection Tool (A) and mark out the inside points, pressing on
Shift button and then choose the
Free Transform option to enlarge the radius of inside roundness, as you may see below:

Make a copy of this layer and make the copy smaller:

We have to choose next the
Custom Shape Tool (U) that would help us to select form the next table a star shape:

Press on this combination of buttons
Alt+Shift and represent small stars between those two circles: