Stage 1. - Create your Standard Recovery disk from Windows 95 in the usual manner.
I.E. Goto 'Control Panel'/ Add Remove Programs / Windows setup / Startup Disk / & follow the instructions.

Stage 2. - Download this ZIPFILE ( 21Kb ) containing a universal CDROM.SYS CD Rom device driver &
the MSCDEX.EXE Dos executable program.

Stage 3a. - Unzip the Zipfile & copy both files onto your recovery Disk.
Stage 3b. - Using notepad or a plain text editor, add the following line to the Autoexec.bat file on the floppy:-
a:\MSCDEX.EXE /D:CD001 /M:32

Stage 3c. - Using notepad or a plain text editor, add the following lines to the config.sys file on the floppy:-
DEVICE=HIMEM.SYS
device=a:\cdrom.sys /d:cd001

You have now added a CD Rom driver to your Boot Disk.

Stage 4 - Final. - Your Floppy Disk will now be able to boot your PC & allow you access to your IDE CD rom.

Stage 5 - Testing. - PLEASE Test this floppy Disc for Correct 'CDROM' Driver operation, prior to using in earnest.
I.E. Boot with the Floppy, then insert a CD & see if you can read the contents via the Dos prompt.

IF the floppy doesn't allow you access to your CDROM, then 'my' supplied Driver ( CDROM.SYS ) is obviously not suitable. You should now go to a suitable Hardware Web site ( or your Bottom Drawer) & download a DOS driver for 'your' particular CDROM.
To find out which CDROM you have, access control panel > system > devices > Cdrom > properties - where you should get a name for the device, such as CDM-533. Now look for a suitable DOS driver.
Replace the CDROM.SYS file name in AUTOEXEC.BAT & CONFIG.SYS with the name of the file you have just downloaded, also ensuring you copy this new file onto the Floppy Disc.
Retest, it should work.

Explanation of above
- Windows 95 will create a 'boot' disk, but it won't add a CD Rom Driver.
All you have actually done is manually edit the config.sys & Autoexec.bat which loads the driver upon boot.
The CDROM.SYS file is the CD Rom Device Driver & the MSCDEX.EXE is the code which allows DOS 7.1 to see CDROM.SYS.