Thanks for the replies, I managed to get the counter weight off and indeed it was a bent screw which is good news. Cracked lid I can live with but it is annoying..
Now here's the bad news, for some stupid reason I never really took a good look at the table out off the box until today ( I have space to set up my stuff) and low and behold the RCA cables were missing!!!! How I missed that I don't know I guess I was just concerned about the lid and bent counter weight. I managed to get the tonearm off with ease and did some research, the tonearm seems to be a Jelco SA-250ST (Are these any good??)Everything else is working OK but without cables this is just an expensive paperweight
Attached is a photo of what i am dealing with, my question is can I attach cables to the wires I have or should I just get another tonearm? I am not an expert with electronics but I can do a little.
Thanks again for the advice.