Hi Sam - I've just experienced the same problem - after a quick inspection I found that the belt had snapped. A Flymo J4 drive belt is all you need at a cost of about £2.59 - see here: http://www.espares.co.uk/part/lawnmowers/flymo/hover-compact-300/p/1116/283/116/551781/552654/j4-drive-belt.html
Alan
March 2007