Dell Inspiron 1545 Will not boot OS

When I turn the laptop on it will not boot to the Operating System, but instead it comes up with ad error message saying:

Windows failed to start. A recent hardware or software change might be the cause. To fix the problem:

       1. Insert your Windows installation disc and restart your computer.

       2. Choose your language settings, and then click "Next."

       3. Click "Repair you computer."

If you do not have this disc, contact your system administrator or computer manufacturer for assistance.

       File: \Boot\BCD

       Status: 0xc0000102

       Info: An error occurred while attempting to read the boot configuration data.

After i have done that it comes up with another error.

I have run many diagnostic tests and have received to following error codes:

This one was retrieved from a diagnostic utility built in

Error code 0142 Msg: Error code 2000-0142   Hard drive 0 test unsuccessful: status 79

These two were from the system tree diagnostics found on my driver and utilities disc

Error code 0F00:1332  Msg: DISK- Block 4224: Interrupt request (IRQ) did not send in time.

Error code 0F00:0132  Msg: DISK- Interrupt Request (IRQ) did not send in time.

Then when I tried to reformat the hard drive through reinstalling windows i got this error:

Windows could not format a partition on disk 0. The error occurred while preparing the partition selected for installation. Error code: 0x80070057

I have checked the hard drives connections and there OK, i just need to know what to do next.

Any help is greatly appreciated.