Thanks for everyone's reply but I am just a tad lost on what I should be doing.
Mate, I would suggest finding a mate or relative that knows a bit about cars.
That way they can look and diagnose.
Questions on the internet can be tricky, it could be as simple as a loose wire to as bad as a broken oil pump.
Last point of call would be your local mechanic, who hopefully won't rob you blind, don't count on it though, especially if they tell you it needs a rebuild, unless you want to drop a ton of cash on a old car.
You could probably buy a new old car for less than what a mechanic would charge you for a drive in drive out rebuild.
If the engine is dead you need to weigh up your options.
A few to concider
1. Replace just the broken parts (Frought with danger if there are metal parts floating around)
2. Get a used engine from a wrecker put in (Unknown commodity)
3. Sell the car and cut your loses
The cost to fix the car can sometimes outweigh the cost of replacement
There are lots of typical cars for sale for a couple of grand.
Best of luck mate