Phallon Tullis-Joyce, Maya Le Tissier and Jayde Riviere were recognised for their efforts in helping the Reds to third place last season, in a ceremony held at the Manchester Opera House.
Marc Skinner's side enjoyed a stellar campaign and secured a Champions League berth in May, after drawing 2-2 at home with closest challengers Manchester City.
Tullis-Joyce, in her breakthrough year following the departure of previous no.1 Mary Earps, claimed a share of the Golden Glove, after keeping 13 clean sheets across 22 games.
Captain Le Tissier earned her second inclusion in Team of the Year in three seasons, as she continued her ever-present record at the back and also contributed three goals at the other end.