Cressida;
The easiest way to take care of this is to remove the XML header file that contains the info on the virtual machine. It is located at /home/user/.virtualbox/machines/[machine name]. When you find the xml file, delete it (or you can delete the directory). Then, create a new virtual machine. While going through the steps, select the hard disk of the XP machine. You will have to re-create your machine settings, but that should not be too hard.
I can write in more detail tonight. I do not have Virtualbox in front of me right now....