Ms Sharpe said she is one of four Bristol riders who have declined to feature in the ranking.
Speaking to BBC Bristol, Ms Sharpe said: “[The list] was originally set up to celebrate women who inspire, encourage and empower people to experience the joy of cycling.
“By excluding trans and non-binary people, it’s just not doing what I think it was set up to do. It excludes people that have helped create the community that I was nominated for.”
Ms Sharpe said trans women were important players in the sport and urged them not to be disheartened by Cycling UK’s decision.
“They’re not a reflection of the communities that we’ve built and certainly in Bristol, there are so many options to go out and ride with people who aren’t taking this stance. You’re very welcome,” she added.