This layout, "I Want" by Sue Jones is our winner, here is what she said about her layout.
"I saw these necklaces on the accessorize website and thought they were lovely. Probably quite easy to make with a few curtain rings. I decided to use them to inspire me for the ribbon challenge. I cut some circles and wrapped them with ribbon and even got out a box of threads to embellish the discs, attached a few gems to one or two of them and finished the "necklace" off with a flower cut from the Tim Holtz alterations die. The bottom edge also has ribbon threaded though it and adhered with 3D foam pads."
We loved how well the technique matched the necklace in the photo, a true case of the perfect embellishment for a this photo. The effect of the ribbon wrapped around the discs really is very striking and something I'd like to have a go at very soon.