Solved xp mode on premium version

Important:

   Note
When you install Windows Virtual PC, it always adds the Start Menu item Windows Virtual PC > Windows XP Mode even if you have not installed the XP Mode, as now in your case. As you have the Home Premium edition, Windows XP Mode can't be installed on your host system even though the Start Menu item is added by the Virtual PC installation.

This Start Menu item is in your case, in any case when XP Mode is not installed, an unnecessary confusing "dead" link. Please remove it from Start Menu by right clicking it and selecting Delete.

You do not have Windows XP Mode, you have a self installed Windows XP vm. The Windows XP Mode shortcut in your Start Menu does and will not work.
 

My Computer

Computer type
Laptop
Computer Manufacturer/Model Number
HP ENVY 17-1150eg
OS
Windows 10 Pro x64 EN-GB
CPU
1.6 GHz Intel Core i7-720QM Processor
Memory
6 GB
Graphics Card(s)
ATI Mobility Radeon HD 5850 Graphics
Sound Card
Beats sound system with integrated subwoofer
Monitor(s) Displays
17" laptop display, 22" LED and 32" Full HD TV through HDMI
Screen Resolution
1600*900 (1), 1920*1080 (2&3)
Hard Drives
Internal: 2 x 500 GB SATA Hard Disk Drive 7200 rpm
External: 2TB for backups, 3TB USB3 network drive for media
Cooling
As Envy runs a bit warm, I have it on a Cooler Master pad
Keyboard
Logitech diNovo Media Desktop Laser (bluetooth)
Mouse
Logitech Performance Mouse MX
Internet Speed
50/10 Mbps VDSL
Antivirus
Windows Defender 4.3.9431.0
Browser
Maxthon 3.5.2., IE11

My Computer

OS
W7 premium 64
CPU
amd a8-3850
Motherboard
asus f1-a75v pro
Memory
8G g-skill
Graphics Card(s)
asus gt-520 silent
Monitor(s) Displays
LED viewsonic 24"
Hard Drives
seagate sata 120
wd 2T green
PSU
cool master 600W silent pro (80+bronze)

My Computer

Computer type
Laptop
Computer Manufacturer/Model Number
HP ENVY 17-1150eg
OS
Windows 10 Pro x64 EN-GB
CPU
1.6 GHz Intel Core i7-720QM Processor
Memory
6 GB
Graphics Card(s)
ATI Mobility Radeon HD 5850 Graphics
Sound Card
Beats sound system with integrated subwoofer
Monitor(s) Displays
17" laptop display, 22" LED and 32" Full HD TV through HDMI
Screen Resolution
1600*900 (1), 1920*1080 (2&3)
Hard Drives
Internal: 2 x 500 GB SATA Hard Disk Drive 7200 rpm
External: 2TB for backups, 3TB USB3 network drive for media
Cooling
As Envy runs a bit warm, I have it on a Cooler Master pad
Keyboard
Logitech diNovo Media Desktop Laser (bluetooth)
Mouse
Logitech Performance Mouse MX
Internet Speed
50/10 Mbps VDSL
Antivirus
Windows Defender 4.3.9431.0
Browser
Maxthon 3.5.2., IE11
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