All the balls are already made:

Take now the
Line Tool (U) and represent the toys’ threads:

Select the
Rectangle Tool (U) and stretch out the figure on the whole canvas.
Fill 0% on the layer on the layers’ panel and set the next demonstrated
Blending Options:

The new layer we’ve got must be situated under the layers containing the balls and the threads:

Now let’s decorate the balls. Select again the
Custom Shape Tool (U) and choose on the top panel the star and the snowflake figures:


Select for the beginning the snowflake and represent a kind of decoration like the next one. Its color’s code is
#5E0B61. Mark out all the layers with the snowflakes applying the (
Ctrl+Left Click) on the layers’ palette. Then press
Ctrl+E for the layers to be put into a single one. Erase the elements coming outside the ball’s edges, applying the
Eraser Tool (E).

Next, let’s place the stars on the picture:

Put together all the layers containing the stars as we did with the snowflakes’ layers. Set the next gradient’s parameters:


The unnecessary elements should be erased. You should get the next picture on this stage:

Now let’s make several lines we as we did with the wallpapers. The color’s code is
#0B296F. Put together all the layers, applying the next transformation (
Ctrl+T). Click on the right mouse’s buttons, choosing the
Warp option.
Fill 40% on the layers and select
Blending mode-Linear Light 

The final result!
View full size
here.