One parenting lesson Elton John and David Furnish already know: boys will be boys.

“Zachary broke his clavicle two days ago in the playground jumping off the climbing tower,” David told PEOPLE of the couple’s 4-year-old son during the Elton John AIDS Foundation Oscar Party Preview Day on February 19, 2015. “Which we told him not to do and told him not to do and told him not to do — and all his friends were doing it and he couldn’t understand why we didn’t want him to.”

He continues, “You turn your back for half-a-second and he jumps off the climbing tower. He’s fine. It’s part of little boys, and growing and bumps and bruises and fortunately, not major broken bones.”

Their tough little man will still join his 2-year-old brother Elijah at their parents’ annual Academy Awards viewing party on February 22, 2015, where David and Elton are hosting a “’70s disco glamour” fęte for 1,000 people.

Although the boys will only stay for their traditional half-hour visit, the couple — who “really love throwing a good party” — will entertain their guests with a musical performance by Nile Rodgers and Chic, not-to-mention a five-course dinner designed by chef Gordon Ramsey. “They’re going to come in … say hi to the people they know and [then] get them home in time for their bath time because we don’t believe in disrupting their routine,” says Furnish, adding Donatella Versace “has made them some sweet little tuxedos to wear” for the evening.

Another recent celebration the couple wanted their sons to be a big part of: their wedding. “We had our civil partnership nine years ago and that was the big party. Now that we have the children in our lives we wanted to do something that really involved them,” explains David. “It was a special part of their day and their history. So to have them … as ring bearers was really great and really special.”

And there’s one more major (and exciting!) lifestyle change the family’s looking forward to. “Zachary is going to start school full-time in September,” shares David. “So that’s a very, very big year for us and that’s a big change in our life because we’ve been able to travel on the road together as a family while Elton’s been touring.”

Adds David, “Now we’re going to be drastically reducing Elton’s touring commitments. We’re going to be spending more time together as a family off the road because at the moment we spend a lot of time together on the road. It’s great because we’ve been able to take the boys with us everywhere. So that’s going to be a big milestone, a big change.”

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