You are using JPQL which doesn’t support limiting results like this. When using native JPQL you should use setMaxResults to limit the results.
However you are using Spring Data JPA which basically makes it pretty easy to do. See here in the reference guide on how to limit results based on a query. In your case the following, find method would do exactly what you want.
findFirstByOrderById();
You could also use a Pageable argument with your query instead of a LIMIT clause.
@Query("SELECT s FROM Students s ORDER BY s.id DESC")
List<Students> getLastStudentDetails(Pageable pageable);
Then in your calling code do something like this (as explained here in the reference guide).
getLastStudentDetails(PageRequest.of(0,1));
Both should yield the same result, without needing to resort to plain SQL.