Scrapkit is Secrets Of A Princess from Conchi at Designing Scraps here and you can purchase it here or here. Gorgeous kit Conchi,thank you!
Font is Fontastique here.
~This tutorial was written assuming you have working knowledge of PSP~
Dropshadow for tut:
Open a new 700x700 canvas.
Paste gold frame as a new layer/click inside frame with your magicwand/selections/modify/expand by 6.
Paste paper 4 below frame/resize 30%/position/selections/invert/delete/do not deselect.
Paste paper 9 below paper 4 layer/delete/do not deselect.
Paste arabia 2 below paper layer/resize 35%/delete/deselect/right click on layer/properties/change opacity to 60.
Highlight bottom raster layer/paste diamond frame 2/resize 20%/position/dropshadow.
Repeat with diamond frame 4.
Paste tag 2/resize 70%/layers/duplicate 1 time/position/dropshadow.
Moving up top/paste/position/dropshadow following:
Crown 2/resize 78%
Carriage 3/resize 15%
Genie 2/resize 53%
Butterfly 2/resize 50%/edit/repeat resize/layers/duplicate 2 times
Image/resize all layers 30%.
Hope you enjoyed my tut :)