Thanks Pyrthian,
As an update, I tried booting off the CD and running the "repair" option but it did not like my admin password (I didnt even set one!).
In the list of different boots modes I finally noticed below them was an option "use previously known working version" ...or something to that effect. This got me back on to windows....woohoo.
I was then able to check the AVAST virus log and it found:
js

dfka and win32:alureon-FZ which sound particularly terrible as it scans and collects data! Gulp.
AVAST is unable to remove the problem and having looked up solutions on the interweb they make little to no sense to me.
Could anyone give me SIMPLE step by step destructions on how to remove this virus please?