In this tutorial I will be teaching you how to create a Burned Paper as the preview below shows:

Create A new file Using These Settings

Then Create rectangle Using Rectangular Marquee Tool

Now you should have something like this:

Fill The rectangle with white colour using paint bucket tool

Now you should have something like this:

Click Q to create mask around the layer

Then Go to Filter -> Brush Strokes -> Spatter
Set the Radius to 20
Smoothness to 10
Click ok

Now you should have something like this:

then click Q to remove the mask from the layer

Then Go To Select->Modify->Contract

Now you should have something like this:

Then go to Select->Inverse ( Shift+Ctrl+I)

Then click delete button from the keyboard

Okay so now go to blending options and apply these settings in the Inner Shadow area:

You are done!!! Congrats…