I don't think any boiler installed in 1968 is actually capable of modulation...
It would be a binary simple burner that is fully on or fully off......
And are you sure a 1968 boiler actually had LEDs?
Laser LEDs were only invented by Nick Holonyak in 1962 and even then LEDs remained expensive until Fairchild semiconductor reduced the cost from £200 down to about 5p.
Nick Holonyak has recently passed away on the 18th September 2022.