the following message is being displayed in the browser?

Warning: require(../application/application.php) [function.require]: failed to open stream: No such file or directory in C:\xampp\htdocs\shad\trunk\public\index.php on line 2

Fatal error: require() [function.require]: Failed opening required '../application/application.php' (include_path='.;C:\xampp\php\PEAR\ZendLatest\bin' ) in C:\xampp\htdocs\shad\trunk\public\index.php on line 2

i would be happy if someone can take the pain to correct my error......