Submit as you like
Right ok start off with a new image
Width: 500px
Height: 500px
Transparent
Grab the fill tool and colour the background black.

Now go
Filter -> Render -> Lens Flare
105mm
131%
Bottom Left

Now go
Filter -> Distort -> Diffuse Glow
Graininess: 0
Glow Amount: 10
Clear Amount: 20

Now go
Filter -> Liquify
Start off with the brush size at about 100
Do 3 Brush Strokes up towards the top right of the image

Now switch the brush size to 25
Start brushing off towards the outside of the image on all sides.

Now click ok to return the result to PhotoShop

You should now have something ike the above
Now press Ctrl + B
Play around with it untill you get something you like

Now go
Filter -> Distort -> Polar Co-ordinates
Rectangular to Polar

This next bit is optional
Go to
Filter -> Distort -> Twirl
-350*
Final Result:
