Create a mood board focusing on the concept of 'photo'. Include elements associated with photography, such as a vintage camera, a roll of film, a magnifying glass studied over a photo print, sepia-toned photographs scattered around, a photographer's hat, and a sketch of a hand holding a photo. Also include a section with blurred photographs illustrating the conceptual essence of memory and time. Accentuate the board with soft warm and cool lights. All these components should interact and combine together to create a meaningful representation of the photography theme.