We had a few close relatives--maybe under 10. We made a cake. If you have a bunch of people there with children that are around 1 year old, the only thing the other parents will have time for is keeping track of their own child.
1-year-olds do not care. Give them some pots, pans, spoons to bang on the pots and pans (as long as they are not hitting each other with the spoons), maybe some boxes to crawl in and out of and you will be set.