Two Tories at the gathering recently given honors by Boris Johnson should not be stripped of them.
The Conservative Party disciplined four people over the event, but did not name them.
The event was organized by the campaign team for Shaun Bailey, who was running for London mayor at the time.
The party took place while London was under Tier 2
COVID restrictions, and people were banned from socializing indoors.
The latest footage shows people drinking and standing in groups, while a man and a woman can be seen holding hands and dancing.